Magna International (TSE:MG) Lowered to Hold Rating by BMO Capital Markets

Posted by on Sep 19th, 2026

BMO Capital Markets lowered shares of Magna International (TSE:MG – Free Report) (NYSE:MGA) from a strong-buy rating to a hold rating in a report issued on Thursday morning,Zacks reports.

Magna International Stock Performance

Shares of MG opened at C$88.58 on Thursday. The firm has a 50-day moving average of C$94.14 and a 200-day moving average of C$88.14. Magna International has a one year low of C$60.67 and a one year high of C$101.10. The company has a market cap of C$23.70 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 0.45 and a beta of 2.04. The company has a debt-to-equity ratio of 55.07, a current ratio of 1.22 and a quick ratio of 0.83.

Magna International (TSE:MG – Get Free Report) (NYSE:MGA) last issued its earnings results on Friday, July 31st. The company reported C$2.64 earnings per share (EPS) for the quarter. Magna International had a net margin of 1.77% and a return on equity of 6.15%. The company had revenue of C$15.60 billion for the quarter. As a group, equities analysts forecast that Magna International will post 8.8948171 earnings per share for the current year.

Magna International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 28th were given a $0.495 dividend. This represents a $1.98 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Friday, August 14th. Magna International’s dividend payout ratio (DPR) is presently 72.06%.

Insider Activity

In other news, insider Bruce Cluney sold 5,000 shares of Magna International stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of C$95.22, for a total transaction of C$476,100.00. Following the completion of the transaction, the insider directly owned 40,239 shares in the company, valued at approximately C$3,831,557.58. The trade was a 11.05% decrease in their position. 6.18% of the stock is currently owned by insiders.

About Magna International

(Get Free Report)

Magna is one of the world’s largest automotive suppliers and a trusted partner to automakers in the industry’s most critical markets-North America, Europe, and China. With a global team and footprint spanning 28 countries, we bring unmatched scale, trusted reliability, and proven execution. Backed by nearly seven decades of experience, we combine deep manufacturing expertise with innovative vehicle systems to deliver performance, safety and quality.

Read More

Analyst Recommendations for Magna International (TSE:MG)

Receive News & Ratings for Magna International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magna International and related companies with MarketBeat.com's FREE daily email newsletter.