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About MGA

Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power & Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.

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Latest MGA news

Mar 18 7:34am ET Citi opens overweight Magna, underweight Lear pair trade Mar 13 7:46am ET Morgan Stanley upgrades U.S. auto industry view to Attractive from In-Line Mar 05 5:47pm ET Magna International Launches $400M Notes Offering Mar 05 7:38am ET General Motors, Magna, Wipro team to develop automotive software marketplace Feb 20 3:16am ET Barclays Reaffirms Their Hold Rating on Magna International (MGA) Feb 12 9:24am ET Magna price target lowered to $69 from $73 at TD Securities Feb 12 8:44am ET Magna price target lowered to $60 from $62 at Raymond James Feb 12 7:25am ET RBC Capital Releases a Hold Rating on Magna International (MGA) Feb 12 6:11am ET Magna price target lowered to $54 from $60 at Wells Fargo Feb 12 5:08am ET Magna backs FY26 revenue view $48.8B-$51.2B Feb 12 5:07am ET Magna backs FY24 revenue view $43.8B-$45.4B, consensus $44.97B Feb 12 5:05am ET Magna reports Q4 adjusted EPS $1.33, consensus $1.48 Feb 09 8:21am ET Analysts Conflicted on These Consumer Cyclical Names: Magna International (MGA), Expedia (EXPE) and Tempur Sealy (TPX) Feb 09 7:05am ET Options Volatility and Implied Earnings Moves Today, February 09, 2024 Feb 09 6:26am ET Magna International (NYSE:MGA) Drops on Q4 Miss Feb 09 5:18am ET Magna increases quarterly dividend 3% to 47.5c per share Feb 09 5:15am ET Magna sees FY26 revenue $48.8B-$51.2B Feb 09 5:13am ET Magna sees FY24 revenue $43.8B-$45.4B, consensus $44.97B Feb 09 5:09am ET Magna reports Q4 adjusted EPS $1.33, consensus $1.48 Feb 06 8:13am ET Magna awarded specialized eDrive system business with North America-based OEM Feb 05 8:19am ET Exco Technologies appoints Tommy Skudutis to board of directors Feb 01 7:30am ET Wall Street Analysts Are Bullish on Top Consumer Cyclical Picks Jan 25 5:25am ET Magna price target lowered to $77 from $80 at JPMorgan Jan 24 8:55pm ET RBC Capital Reaffirms Their Hold Rating on Magna International (MGA) Jan 24 5:45am ET Magna price target lowered to $63 from $65 at Barclays Jan 24 3:07am ET Barclays Keeps Their Hold Rating on Magna International (MGA) Jan 11 7:29am ET Magna International (MGA) Gets a Hold from RBC Capital Jan 03 4:27am ET Magna downgraded to Neutral from Buy at Goldman Sachs

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