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Realtime updates for Martinrea International [MRE.TO]

Exchange: TSX Industry: Auto Parts
Upcoming Earnings Alert

5 days till quarter result
(bmo 2024-05-01)

Expected move: +/- 3.35%

Last Updated26 Apr 2024 @ 10:15

2.39% $ 11.59

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 10:15):

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally...

Stats
Today's Volume 40 539.00
Average Volume 224 033
Market Cap 905.66M
EPS $0 ( 2024-02-29 )
Next earnings date ( $0.570 ) 2024-05-01
Last Dividend $0.0500 ( 2023-09-28 )
Next Dividend $0 ( N/A )
P/E 6.07
ATR14 $0.00500 (0.04%)

Volume Correlation

Long: 0.56 (weak)
Short: 0.66 (moderate)
Signal:(69.685) Neutral

Martinrea International Correlation

10 Most Positive Correlations
10 Most Negative Correlations

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.

Martinrea International Correlation - Currency/Commodity

The country flag 0.60
( weak )
The country flag 0.53
( weak )
The country flag 0.00
( neutral )
The country flag 0.38
( neutral )
The country flag 0.40
( neutral )
The country flag 0.17
( neutral )

Martinrea International Financials

Annual 2023
Revenue: $5.34B
Gross Profit: $647.39M (12.12 %)
EPS: $1.930
FY 2023
Revenue: $5.34B
Gross Profit: $647.39M (12.12 %)
EPS: $1.930
FY 2022
Revenue: $4.76B
Gross Profit: $559.26M (11.76 %)
EPS: $1.650
FY 2021
Revenue: $3.78B
Gross Profit: $345.62M (9.13 %)
EPS: $0.450

Financial Reports:

No articles found.

Martinrea International Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.0500
(N/A)
$0.0500
(N/A)
$0.0500
(N/A)
$0.0500
(N/A)
$0.0500
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Martinrea International Dividend Information - Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.24 - Stable (4.80%)

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 $0.0300 2013-06-26
Last Dividend $0.0500 2023-09-28
Next Dividend $0 N/A
Payout Date 2023-10-15
Next Payout Date N/A
# dividends 42 --
Total Paid Out $1.674 --
Avg. Dividend % Per Year 0.97% --
Score 4.6 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 5.24
Div. Directional Score 7.64 --
Next Divdend (Est)
(2024-08-05)
$0.0508 Estimate 21.77 %
Dividend Stability
0.58 Average
Dividend Score
4.60
Pay Frequency
Quarterly
Yearly Payout
Year Amount Yield
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0.174 1.25%
2019 $0.180 1.64%
2020 $0.200 1.38%
2021 $0.200 1.36%
2022 $0.200 1.73%
2023 $0.150 1.33%
2024 $0 0.00%

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 TSX

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
XEU.TO Dividend Junior 2023-06-26 Semi-Annually 11 1.61%
PPL-PC.TO Dividend King 2023-07-31 Quarterly 11 3.87%
FCSB.TO Dividend Junior 2023-08-28 Monthly 6 1.28%
ZUT.TO Dividend King 2023-08-29 Monthly 15 2.12%
TPX-B.TO Dividend Knight 2023-08-31 Semi-Annually 30 1.53%
LUN.TO Dividend Knight 2023-08-31 Quarterly 8 2.36%
CSU.TO Dividend Knight 2023-09-19 Quarterly 17 0.16%
XMY.TO Dividend Junior 2023-06-26 Semi-Annually 9 0.78%
RBA.TO Dividend King 2023-08-22 Quarterly 21 1.50%
FTS.TO Dividend Knight 2023-11-16 Quarterly 30 2.58%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.02881.5009.4210.00[0 - 0.5]
returnOnAssetsTTM0.03851.2008.7210.00[0 - 0.3]
returnOnEquityTTM0.1061.5009.9410.00[0.1 - 1]
payoutRatioTTM0.104-1.0008.96-8.96[0 - 1]
currentRatioTTM1.1570.8009.217.37[1 - 3]
quickRatioTTM0.6910.800-0.639-0.511[0.8 - 2.5]
cashRatioTTM0.1441.500-0.308-0.463[0.2 - 2]
debtRatioTTM0.255-1.5005.75-8.62[0 - 0.6]
interestCoverageTTM3.531.0009.809.80[3 - 30]
operatingCashFlowPerShareTTM6.542.007.8210.00[0 - 30]
freeCashFlowPerShareTTM2.662.008.6710.00[0 - 20]
debtEquityRatioTTM0.695-1.5007.22-10.00[0 - 2.5]
grossProfitMarginTTM0.1251.000-1.247-1.247[0.2 - 0.8]
operatingProfitMarginTTM0.05541.000-0.891-0.891[0.1 - 0.6]
cashFlowToDebtRatioTTM0.5021.0008.328.32[0.2 - 2]
assetTurnoverTTM1.3380.8004.413.53[0.5 - 2]
Total Score10.03

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM5.761.0009.520[1 - 100]
returnOnEquityTTM0.1062.509.9610.00[0.1 - 1.5]
freeCashFlowPerShareTTM2.662.009.1110.00[0 - 30]
dividendYielPercentageTTM1.7671.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM6.542.007.8210.00[0 - 30]
payoutRatioTTM0.1041.5008.96-8.96[0 - 1]
pegRatioTTM-0.2011.500-4.680[0.5 - 2]
operatingCashFlowSalesRatioTTM0.09571.000-0.1070[0.1 - 0.5]
Total Score5.24

Martinrea International

Martinrea International Inc. designs, develops, manufactures, and sells metal parts, assemblies and modules, fluid management systems, and aluminum products primarily to the automotive industry in North America, Europe, and internationally. It offers engine blocks, transmissions, cases, housings, oil coolers, hoses, tube assemblies, oil fillers, tubes, indicators, oil pick-up screens and pipes, heater hose inlets and outlets, and electric motor housings; and front horizontal, rear suspension, and front vertical modules. It also provides evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes; fuel filler necks, capless refueling systems, fuel tank/sender assemblies, vapor assemblies and canister hoses, fuel line feed/return assembly systems, and fuel lines and hoses; and air-conditioning lines, and heater core inlet and outlet assemblies. In addition, it offers frame rail assemblies, surface stampings, structural BIW components, suspension arms and links, engine cradles, centre and rear crossmembers, suspension twist axles, roof assemblies, door intrusion beams, bumpers, radiator support assemblies, trailer hitches, dash and plenum assemblies, wheelhouse assemblies, roll-formed rockers and headers, appliqués, battery trays and housings, aluminum and steel shock towers, control arms, and knuckles, as well as belt, upper reveal, roof ditch, D-line, and other exterior decorative moldings. Further, it provides brake lines and assemblies, power steering lines and assemblies, power steering oil fillers, and tubes and indicators; and graphene brake lines products. The company was formerly known as Royal Laser Tech Corporation and changed its name to Martinrea International Inc. in June 2002. Martinrea International Inc. was incorporated in 1987 and is headquartered in Vaughan, Canada.

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