Magna International (NYSE:MGA) Issues FY 2026 Earnings Guidance

Magna International (NYSE:MGA) (TSE:MG) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 6.250-7.250 for the period, compared to the consensus earnings per share estimate of 5.730. The company issued revenue guidance of $41.9 billion-$43.5 billion, compared to the consensus revenue estimate of $42.0 billion.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MGA. Evercore boosted their target price on shares of Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a report on Monday, November 24th. Canadian Imperial Bank of Commerce lifted their price target on Magna International from $50.00 to $56.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Morgan Stanley increased their price objective on Magna International from $38.00 to $54.00 and gave the stock an “equal weight” rating in a report on Monday, December 8th. Royal Bank Of Canada lifted their target price on Magna International from $47.00 to $48.00 and gave the company a “sector perform” rating in a report on Monday, November 3rd. Finally, JPMorgan Chase & Co. upped their price target on Magna International from $53.00 to $57.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Magna International currently has a consensus rating of “Hold” and an average price target of $52.80.

Magna International Price Performance

Shares of NYSE MGA opened at $68.58 on Friday. The firm has a market capitalization of $19.12 billion, a P/E ratio of 23.25 and a beta of 1.50. The company has a quick ratio of 0.83, a current ratio of 1.18 and a debt-to-equity ratio of 0.38. The stock’s 50-day simple moving average is $54.22 and its two-hundred day simple moving average is $49.06. Magna International has a twelve month low of $30.39 and a twelve month high of $69.94.

Magna International (NYSE:MGA) (TSE:MG) last issued its quarterly earnings results on Friday, February 13th. The company reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.37. The firm had revenue of $10.74 billion during the quarter, compared to the consensus estimate of $10.54 billion. Magna International had a return on equity of 11.88% and a net margin of 2.50%.The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the company posted $1.69 EPS. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, equities analysts anticipate that Magna International will post 5.87 EPS for the current fiscal year.

Magna International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a $0.495 dividend. This represents a $1.98 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, February 27th. This is a positive change from Magna International’s previous quarterly dividend of $0.49. Magna International’s payout ratio is currently 67.12%.

Key Magna International News

Here are the key news stories impacting Magna International this week:

• Positive Sentiment: Q4 beat — Magna reported adjusted EPS of $2.18 vs. consensus ~$1.81 and revenue of $10.74B vs. ~$10.54B, driven by improved adjusted EBIT and margin expansion; the print and conference materials provide the operational detail investors cheered. MarketBeat Q4 transcript
• Positive Sentiment: Raised FY2026 guidance — Magna updated EPS guidance to $6.25–$7.25 (vs. ~5.73 consensus) and revenue guidance of $41.9B–$43.5B, signaling confidence in top-line growth and margin progression for the year. GlobeNewswire – Q4 results & 2026 outlook
• Positive Sentiment: Dividend increase — the board raised the quarterly dividend to $0.495 (a 2.1% hike), continuing a long dividend-growth track record and supporting income-focused investor demand. Ex-dividend date and payment timing were announced with the increase. Seeking Alpha – Dividend raise
• Positive Sentiment: Strong cash generation — Magna reported ~$2.0B cash from operations and ~$1.3B free cash flow in Q4 and finished the year with ~$1.6B of cash, supporting the balance sheet and buyback/dividend flexibility. GlobeNewswire – cash flow details
• Neutral Sentiment: Sector reaction — auto-parts and OEM peers rallied following Magna’s print, so some of the stock’s move reflects a broader sector re-rating on improving auto demand/earnings. Investing.com – sector reaction
• Negative Sentiment: Large non-cash impairment — the quarter included a $615M non-cash impairment that pushed GAAP diluted EPS to ~$0.00 and kept reported net margin modest; investors should separate one-time items from underlying operating performance. GlobeNewswire – impairment & GAAP EPS

Institutional Investors Weigh In On Magna International

Large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its stake in Magna International by 19.8% during the first quarter. Integrated Wealth Concepts LLC now owns 6,808 shares of the company’s stock worth $231,000 after purchasing an additional 1,123 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Magna International by 14.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 56,868 shares of the company’s stock valued at $2,196,000 after buying an additional 7,073 shares in the last quarter. Van ECK Associates Corp boosted its stake in Magna International by 6.0% in the third quarter. Van ECK Associates Corp now owns 8,879 shares of the company’s stock worth $421,000 after buying an additional 505 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Magna International by 196.9% in the third quarter. Public Employees Retirement System of Ohio now owns 139,659 shares of the company’s stock worth $6,620,000 after buying an additional 92,613 shares in the last quarter. Finally, Danske Bank A S bought a new position in Magna International during the third quarter valued at approximately $112,000. Hedge funds and other institutional investors own 67.49% of the company’s stock.

About Magna International

Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.