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Realtime updates for Magna International Inc [MGA]

Exchange: NYSE Sector: Consumer Cyclical Industry: Auto - Parts

Last Updated31 May 2024 @ 16:00

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1.35% $ 45.21

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 16:00):

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide...

Stats
Today's Volume	1.53M
Average Volume	1.87M
Market Cap	12.99B
EPS	$0 ( 2024-05-09 )
Next earnings date	( $1.600 ) 2024-08-02
Last Dividend	$0.475 ( 2024-05-16 )
Next Dividend	$0 ( N/A )
P/E	12.81
ATR14	$0.0310 (0.07%)

Volume Correlation

Long: 0.38 (neutral)

Short: -0.96 (very strong negative)

Signal:(83.532) Possible Trading Opportunity Present (swing)

Magna International Inc Correlation

10 Most Positive Correlations
CPRI	0.928
TLK	0.925
COUR	0.919
CLDT	0.913
GLOB	0.91
BFS-PE	0.906
DZZ	0.904
OOMA	0.903
CATO	0.901
RHI	0.9

10 Most Negative Correlations
ETRN	-0.933
CMCM	-0.927
KEX	-0.927
TCOA	-0.927
AR	-0.926
GE	-0.922
DAL	-0.921
LEVI	-0.92
TRIS	-0.92
NWG	-0.915

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Magna International Inc Correlation - Currency/Commodity

0.27
( neutral )

0.59
( weak )

0.00
( neutral )

0.60
( weak )

-0.08
( neutral )

0.42
( neutral )

Magna International Inc Financials

Annual	2023
Revenue:	$43.61B
Gross Profit:	$4.30B (9.87 %)
EPS:	$4.32

FY	2023
Revenue:	$43.61B
Gross Profit:	$4.30B (9.87 %)
EPS:	$4.32

FY	2022
Revenue:	$37.84B
Gross Profit:	$4.65B (12.29 %)
EPS:	$1.960

FY	2021
Revenue:	$36.24B
Gross Profit:	$5.15B (14.20 %)
EPS:	$5.04

Financial Reports:

No articles found.

Magna International Inc Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
$0.450 (N/A)	$0.450 (N/A)	$0.460 (N/A)	$0.460 (N/A)	$0.460 (N/A)	$0.460 (N/A)	$0.475 (N/A)	$0.475 (N/A)	$0 (N/A)	$0 (N/A)

Magna International Inc Dividend Information - Dividend King

Dividend Sustainability Score: 8.52 - good (85.18%) | Divividend Growth Potential Score: 5.52 - Stable (10.41%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	$0.00625	1992-03-25
Last Dividend	$0.475	2024-05-16
Next Dividend	$0	N/A
Payout Date	2024-05-31
Next Payout Date	N/A
# dividends	128	--
Total Paid Out	$24.21	--
Avg. Dividend % Per Year	2.35%	--
Score	5.55	--
Div. Sustainability Score	8.52
Div.Growth Potential Score	5.52
Div. Directional Score	7.02	--

Next Divdend (Est)
(2024-07-04)

$0.480 Estimate 74.52 %

Dividend Stability

0.99 Excellent

Dividend Score

5.55

Pay Frequency

Quarterly

Yearly Payout

Year	Amount	Yield
1992	$0.0750	1.79%
1993	$0.163	2.44%
1994	$0.250	2.04%
1995	$0.270	2.74%
1996	$0.270	2.50%
1997	$0.308	2.20%
1998	$0.330	2.09%
1999	$0.223	1.43%
2000	$0.560	5.42%
2001	$0.340	3.27%
2002	$0.340	2.15%
2003	$2.85	19.70%
2004	$0.370	1.82%
2005	$0.380	1.86%
2006	$0.380	2.09%
2007	$0.288	1.43%
2008	$0.315	1.61%
2009	$0.0450	0.57%
2010	$0.210	1.58%
2011	$0.500	1.87%
2012	$0.689	4.05%
2013	$0.640	2.50%
2014	$0.760	1.88%
2015	$0.880	1.62%
2016	$1.000	2.50%
2017	$1.100	2.48%
2018	$1.320	2.31%
2019	$1.460	3.20%
2020	$1.600	2.88%
2021	$1.720	2.47%
2022	$1.800	2.21%
2023	$1.840	3.20%
2024	$0.950	1.61%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NYSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
LOMA	Dividend King	2023-06-30	Quarterly	2	5.23%	8.53
PVL	Dividend Royal	2023-11-15	Monthly	14	9.37%	8.50
ARR	Dividend Royal	2024-05-14	Monthly	15	11.08%	8.50
ACV	Dividend Royal	2024-06-13	Monthly	10	10.19%	8.50
ACP	Dividend Royal	2024-05-22	Monthly	14	11.88%	8.50
AVK	Dividend Royal	2024-05-14	Monthly	22	9.54%	8.31
AFG	Dividend Royal	2024-04-12	Bi-Monthly	39	9.39%	8.06
JPT	Dividend King	2023-11-02	Monthly	8	4.19%	8.05
VCIF	Dividend Royal	2023-08-18	Monthly	6	8.05%	8.02
EDI	Dividend Royal	2023-12-07	Monthly	13	8.85%	7.94

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0234	1.500	9.53	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0310	1.200	8.97	10.00	[0 - 0.3]
returnOnEquityTTM	0.0881	1.500	-0.132	-0.199	[0.1 - 1]
payoutRatioTTM	0.517	-1.000	4.83	-4.83	[0 - 1]
currentRatioTTM	1.091	0.800	9.54	7.63	[1 - 3]
quickRatioTTM	0.729	0.800	-0.415	-0.332	[0.8 - 2.5]
cashRatioTTM	0.112	1.500	-0.490	-0.735	[0.2 - 2]
debtRatioTTM	0.199	-1.500	6.68	-10.00	[0 - 0.6]
interestCoverageTTM	11.09	1.000	7.00	7.00	[3 - 30]
operatingCashFlowPerShareTTM	11.20	2.00	6.27	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.10	2.00	8.95	10.00	[0 - 20]
debtEquityRatioTTM	0.566	-1.500	7.74	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.113	1.000	-1.448	-1.448	[0.2 - 0.8]
operatingProfitMarginTTM	0.0482	1.000	-1.035	-1.035	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.494	1.000	8.37	8.37	[0.2 - 2]
assetTurnoverTTM	1.327	0.800	4.48	3.59	[0.5 - 2]
Total Score				8.52

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	12.63	1.000	8.82	0	[1 - 100]
returnOnEquityTTM	0.0881	2.50	-0.0851	-0.199	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.10	2.00	9.30	10.00	[0 - 30]
dividendYielPercentageTTM	4.19	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	11.20	2.00	6.27	10.00	[0 - 30]
payoutRatioTTM	0.517	1.500	4.83	-4.83	[0 - 1]
pegRatioTTM	3.75	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0742	1.000	-0.646	0	[0.1 - 0.5]
Total Score				5.52

Magna International Inc Options Data

Calls

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Puts

Contract Name	Last Trade Date (EDT)	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility	Strike Date
No data available

Magna International Inc

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

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Total Execution Time: 2.9192440509796 seconds
Number of API calls: 2
Number of DB calls: 8