Magna International (NYSE:MGA) Price Target Raised to $75.00

Magna International (NYSE:MGA) (TSE:MG) had its price objective upped by Raymond James Financial from $50.00 to $75.00 in a research note issued to investors on Tuesday morning,BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Several other research analysts have also commented on the company. JPMorgan Chase & Co. boosted their price objective on Magna International from $53.00 to $57.00 and gave the stock an “overweight” rating in a report on Monday, November 3rd. The Goldman Sachs Group increased their price target on shares of Magna International from $49.00 to $60.00 and gave the stock a “sell” rating in a report on Tuesday. Wells Fargo & Company lifted their price objective on shares of Magna International from $50.00 to $58.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Morgan Stanley increased their target price on Magna International from $38.00 to $54.00 and gave the company an “equal weight” rating in a research note on Monday, December 8th. Finally, Evercore raised their price target on Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a research report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Magna International currently has a consensus rating of “Hold” and an average price target of $60.40.

Magna International Trading Down 0.2%

Magna International stock opened at $66.72 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.83 and a current ratio of 1.25. Magna International has a fifty-two week low of $30.39 and a fifty-two week high of $69.94. The stock has a market cap of $18.61 billion, a P/E ratio of 22.62 and a beta of 1.50. The firm’s fifty day moving average price is $55.56 and its 200-day moving average price is $49.73.

Magna International (NYSE:MGA) (TSE:MG) last posted its earnings results on Friday, February 13th. The company reported $2.18 EPS for the quarter, topping the consensus estimate of $1.81 by $0.37. The business had revenue of $10.74 billion during the quarter, compared to analysts’ expectations of $10.54 billion. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.69 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Equities research analysts forecast that Magna International will post 5.87 earnings per share for the current fiscal year.

Magna International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be given a dividend of $0.495 per share. The ex-dividend date is Friday, February 27th. This is a positive change from Magna International’s previous quarterly dividend of $0.49. This represents a $1.98 annualized dividend and a yield of 3.0%. Magna International’s dividend payout ratio (DPR) is currently 65.76%.

Institutional Investors Weigh In On Magna International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Community Bank N.A. purchased a new stake in Magna International during the 3rd quarter valued at about $29,000. EverSource Wealth Advisors LLC lifted its position in Magna International by 35.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock valued at $42,000 after purchasing an additional 205 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new stake in Magna International in the fourth quarter valued at approximately $49,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Magna International during the fourth quarter valued at approximately $67,000. Finally, Danske Bank A S bought a new position in shares of Magna International in the third quarter worth approximately $112,000. Institutional investors own 67.49% of the company’s stock.

More Magna International News

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

• Positive Sentiment: CIBC upgraded MGA from Hold to Strong-Buy, signaling increased conviction after recent results and guidance. CIBC Upgrade
• Positive Sentiment: Raymond James raised its price target to $75, the highest among recent broker moves and a clear bullish vote that could support upside momentum. Raymond James PT Raise
• Positive Sentiment: Barclays increased its price target to $67, a modest boost that reflects more constructive analyst sentiment around near‑term outlook. Barclays PT Raise
• Positive Sentiment: A Goldman Sachs analyst publicly expects Magna’s stock to rise, reinforcing the bullish camp among institutional analysts. Goldman Sachs Note
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average recommendation, indicating mixed or wait‑and‑see positioning despite some upgrades. Average Recommendation
• Neutral Sentiment: Morgan Stanley raised its target to $65 but kept an Equal Weight rating, implying a neutral stance (their $65 target is slightly below the current market level). Morgan Stanley Note
• Negative Sentiment: Royal Bank of Canada lifted its target to $59, which sits notably below the current share price and could cap upside or pressure the stock if investors follow RBC’s view. RBC PT Raise (Lower)

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.