FY2026 Earnings Forecast for TSE:MG Issued By Scotiabank

Magna International Inc. (TSE:MG) (NYSE:MGA) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for Magna International in a research report issued on Wednesday, March 19th. Scotiabank analyst J. Goldman forecasts that the company will post earnings of $8.88 per share for the year. The consensus estimate for Magna International’s current full-year earnings is $8.89 per share.

A number of other analysts have also recently weighed in on the stock. Wolfe Research raised shares of Magna International from a “strong sell” rating to a “hold” rating in a report on Thursday, December 5th. The Goldman Sachs Group lowered shares of Magna International from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 11th. Finally, Royal Bank of Canada upgraded Magna International from a “hold” rating to a “moderate buy” rating in a research report on Friday, January 24th.

Magna International Price Performance

Shares of TSE MG opened at C$53.65 on Monday. The company has a debt-to-equity ratio of 61.81, a current ratio of 1.14 and a quick ratio of 0.83. The firm has a market capitalization of C$10.85 billion, a PE ratio of 10.07, a P/E/G ratio of 0.45 and a beta of 1.60. Magna International has a 1-year low of C$48.22 and a 1-year high of C$74.65. The business’s fifty day moving average price is C$55.08 and its two-hundred day moving average price is C$57.59.

Magna International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, March 14th were issued a $0.485 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.94 annualized dividend and a yield of 3.62%. This is an increase from Magna International’s previous quarterly dividend of $0.48. Magna International’s dividend payout ratio is presently 48.07%.

About Magna International

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier’s product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly.