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

Magna International (NYSE:MGA) (TSE:MG) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 6.250-7.250 for the period, compared to the consensus estimate of 6.720. The company issued revenue guidance of $41.5 billion-$43.1 billion, compared to the consensus revenue estimate of $42.4 billion.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Morgan Stanley upped their target price on Magna International from $54.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 18th. Barclays lowered their price target on Magna International from $67.00 to $66.00 and set an “equal weight” rating for the company in a report on Monday, March 30th. Citigroup boosted their price target on Magna International from $55.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, March 23rd. Raymond James Financial boosted their price target on Magna International from $50.00 to $75.00 and gave the stock a “market perform” rating in a report on Tuesday, February 17th. Finally, Canadian Imperial Bank of Commerce raised Magna International from a “neutral” rating to an “outperformer” rating and boosted their price target for the stock from $56.00 to $76.00 in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $62.40.

Magna International Price Performance

MGA traded down $2.83 on Friday, reaching $60.84. The stock had a trading volume of 4,090,099 shares, compared to its average volume of 1,922,801. Magna International has a fifty-two week low of $32.54 and a fifty-two week high of $69.94. The firm has a 50-day moving average of $58.59 and a 200-day moving average of $54.25. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $16.69 billion, a price-to-earnings ratio of 20.62 and a beta of 1.44.

Magna International (NYSE:MGA) (TSE:MG) last issued its earnings results on Friday, May 1st. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.37. Magna International had a return on equity of 12.73% and a net margin of 1.99%.During the same period in the previous year, the firm posted $0.78 earnings per share. The company’s revenue was up 3.1% compared to the same quarter last year. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, sell-side analysts anticipate that Magna International will post 6.81 EPS for the current year.

Magna International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be paid a $0.495 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.98 annualized dividend and a dividend yield of 3.3%. Magna International’s dividend payout ratio is presently 67.12%.

Trending Headlines about Magna International

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

• Positive Sentiment: Adjusted performance beat expectations — Adjusted EPS of $1.38 topped consensus, Adjusted EBIT rose 58% and adjusted margin expanded materially, signaling underlying operational improvement. GlobeNewswire Q1 Release
• Positive Sentiment: Revenue and cash flow resilience — Sales grew ~3% to $10.4B despite a 7% global light-vehicle production decline, and free cash flow turned positive, supporting buybacks and the dividend. GlobeNewswire Q1 Release
• Neutral Sentiment: Full‑year outlook maintained but mixed vs. Street — Magna kept FY 2026 adjusted EPS guidance at $6.25–$7.25 and unchanged margin/free-cash flow ranges; the EPS band’s midpoint is close to consensus but the low end is below Street expectations, leaving interpretation mixed. GlobeNewswire Q1 Release
• Negative Sentiment: GAAP headline loss and one‑time charge weighed on sentiment — Magna reported a net loss attributable to the company (~$12M) driven by a $485M pre‑tax loss on assets held for sale tied to planned disposals in Power & Vision, which flagged near‑term GAAP volatility. GlobeNewswire Q1 Release
• Negative Sentiment: Softer production assumptions — Management nudged down North American and European light‑vehicle production assumptions versus prior guidance, implying potential near‑term volume pressure for auto suppliers like Magna. QuiverQuant Coverage
• Negative Sentiment: Analyst / price‑target pressure — At least one broker note reaffirmed a sector‑perform view with a sub‑current price target, which can add selling pressure after the report. MarketScreener: RBC Note

Institutional Investors Weigh In On Magna International

Institutional investors and hedge funds have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. acquired a new stake in shares of Magna International in the fourth quarter valued at about $49,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Magna International in the fourth quarter valued at about $67,000. Danske Bank A S acquired a new stake in shares of Magna International in the third quarter valued at about $112,000. Parallel Advisors LLC increased its stake in shares of Magna International by 22.7% in the fourth quarter. Parallel Advisors LLC now owns 3,024 shares of the company’s stock valued at $161,000 after buying an additional 560 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in shares of Magna International by 7.3% in the fourth quarter. Arkadios Wealth Advisors now owns 4,767 shares of the company’s stock valued at $254,000 after buying an additional 324 shares during the period. Institutional investors and hedge funds own 67.49% of the company’s stock.

Magna International Company Profile

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.