FY2026 Earnings Forecast for TSE:MG Issued By Scotiabank

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

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

Magna International Stock Down 1.0 %

Magna International stock opened at C$53.12 on Monday. Magna International has a 52-week low of C$48.22 and a 52-week high of C$74.29. The company has a debt-to-equity ratio of 61.81, a quick ratio of 0.83 and a current ratio of 1.14. The firm has a 50 day moving average price of C$54.98 and a two-hundred day moving average price of C$57.57. The firm has a market cap of C$10.74 billion, a price-to-earnings ratio of 9.97, a PEG ratio of 0.45 and a beta of 1.60.

Magna International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, March 14th were given 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 3.65%. This is a boost from Magna International’s previous quarterly dividend of $0.48. Magna International’s payout ratio is currently 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.