MGA: Magna International, Inc.
About
Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment includes body and chassis systems, exterior systems, and roof systems operations. The Power & Vision segment comprises of global powertrain systems, electronics systems, mirrors, lighting, and mechatronics operations. The Seating Systems segment deals with global seating systems operations. The Complete Vehicles segment focuses on vehicle engineering and manufacturing operations. The company was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
Key Details
Market Cap
$13.01B
P/E Ratio
12.07
1Y Stock Return
-19.20%
1Y Revenue Growth
1.79%
Dividend Yield
3.12%
Price to Book
1.1
Strategies that include MGA
Stock's related to MGA
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LEA | 73.06% | $5.42B | -28.18% | 3.09% |
| ADNT | 68.04% | $1.72B | -39.25% | 0.00% |
| VC | 67.64% | $2.63B | -22.06% | 0.00% |
| ALV | 65.46% | $7.87B | -5.07% | 2.08% |
| BWA | 64.22% | $7.51B | 0.00% | 1.29% |
| KMT | 62.07% | $2.26B | +17.98% | 2.75% |
| AXL | 61.11% | $803.08M | -9.54% | 0.00% |
| TKR | 60.97% | $5.46B | +3.78% | 1.73% |
| GS | 60.25% | $188.88B | +72.22% | 1.89% |
| ALG | 60.14% | $2.44B | +7.06% | 0.51% |
| ASB | 59.72% | $4.30B | +38.87% | 3.38% |
| HOMB | 59.66% | $6.26B | +33.29% | 2.37% |
| EWBC | 59.56% | $14.97B | +61.31% | 2.03% |
| TROW | 59.50% | $27.47B | +21.20% | 3.98% |
| LCII | 59.47% | $3.08B | +3.36% | 3.55% |
| FELE | 59.04% | $4.95B | +18.87% | 0.93% |
| WD | 59.02% | $3.72B | +21.56% | 2.36% |
| IIPR | 58.91% | $3.13B | +26.50% | 6.79% |
| NGVT | 58.82% | $1.81B | +23.72% | 0.00% |
| ZION | 58.74% | $8.85B | +54.91% | 2.78% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FATBB | -0.01% | $78.36M | -13.31% | 12.28% |
| PRPH | 0.05% | $18.76M | -83.80% | 0.00% |
| NOC | -0.13% | $70.63B | +0.92% | 1.66% |
| DOGZ | -0.17% | $604.58M | +1,509.83% | 0.00% |
| QXO | 0.30% | $7.09B | -79.19% | 0.00% |
| LMT | 0.32% | $123.34B | +15.45% | 2.45% |
| JNPR | 0.40% | $11.79B | +23.30% | 2.48% |
| CL | 0.40% | $79.34B | +22.96% | 2.05% |
| KSPI | 0.41% | $20.17B | +10.59% | 3.50% |
| DAO | 0.53% | $195.19M | +50.60% | 0.00% |
| RNR | 0.53% | $14.93B | +37.70% | 0.54% |
| NEUE | -0.54% | $41.67M | -22.85% | 0.00% |
| ASPS | 0.60% | $22.14M | -81.89% | 0.00% |
| WHLM | -0.80% | $20.47M | -13.32% | 0.00% |
| CPSH | -0.85% | $22.08M | -36.54% | 0.00% |
| OCX | -0.89% | $41.25M | -38.44% | 0.00% |
| HUM | 1.01% | $35.30B | -40.42% | 1.22% |
| NTZ | 1.04% | $52.32M | -24.48% | 0.00% |
| NHTC | 1.07% | $62.40M | +1.12% | 14.81% |
| QTTB | -1.10% | $324.31M | +164.18% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HUSA | -18.62% | $17.54M | -25.14% | 0.00% |
| CHD | -14.11% | $27.25B | +16.97% | 1.02% |
| PGR | -13.15% | $154.68B | +61.58% | 0.43% |
| MCK | -12.41% | $78.87B | +35.27% | 0.43% |
| COR | -7.95% | $48.29B | +22.63% | 0.82% |
| ABEO | -7.09% | $275.61M | +36.64% | 0.00% |
| STG | -6.95% | $32.56M | -29.30% | 0.00% |
| LITB | -6.18% | $33.46M | -74.29% | 0.00% |
| PSTX | -5.94% | $908.37M | +225.87% | 0.00% |
| CYD | -5.69% | $384.89M | +1.29% | 4.07% |
| CBOE | -4.89% | $22.18B | +16.57% | 1.10% |
| MNOV | -3.74% | $116.73M | +36.78% | 0.00% |
| NXTC | -3.25% | $32.49M | -6.45% | 0.00% |
| LLY | -3.12% | $759.26B | +36.56% | 0.65% |
| GAN | -2.87% | $82.94M | +21.33% | 0.00% |
| ACGL | -2.85% | $37.36B | +27.37% | 0.00% |
| PG | -1.72% | $423.20B | +18.18% | 2.21% |
| MNR | -1.68% | $1.59B | -13.83% | 20.59% |
| CME | -1.47% | $84.90B | +9.89% | 1.92% |
| CAPR | -1.47% | $893.03M | +519.56% | 0.00% |
ETF's related to MGA
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| DBA | -0.02% | $787.55M | 0.93% |
| CSHI | 0.33% | $493.76M | 0.38% |
| MINT | -0.59% | $11.69B | 0.35% |
| KCCA | 0.89% | $219.07M | 0.87% |
| HDRO | 1.40% | $164.26M | 0.3% |
| CLOI | -1.56% | $749.05M | 0.4% |
| BILZ | 1.77% | $541.42M | 0.14% |
| JBBB | 1.88% | $1.35B | 0.49% |
| TBIL | -2.02% | $4.42B | 0.15% |
| BOXX | 2.25% | $4.45B | 0.1949% |
| XBIL | -2.98% | $633.44M | 0.15% |
| SGOV | 3.07% | $27.99B | 0.09% |
| DBE | 3.24% | $50.22M | 0.77% |
| CORN | -3.28% | $59.94M | 0.2% |
| AGZD | 3.64% | $132.76M | 0.23% |
| KRBN | 3.77% | $235.35M | 0.85% |
| JUCY | 4.39% | $325.86M | 0.6% |
| DBO | 4.40% | $218.47M | 0.77% |
| SHV | 5.20% | $18.61B | 0.15% |
| GBIL | 5.28% | $5.68B | 0.12% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -56.41% | $365.42M | 1.43% |
| VIXY | -36.93% | $195.31M | 0.85% |
| USDU | -33.96% | $210.52M | 0.5% |
| UUP | -30.37% | $376.91M | 0.77% |
| TAIL | -20.99% | $68.19M | 0.59% |
| EQLS | -14.42% | $8.93M | 1% |
| WEAT | -11.11% | $119.27M | 0.28% |
| UNG | -10.69% | $856.92M | 1.06% |
| KMLM | -8.79% | $344.74M | 0.9% |
| BIL | -7.45% | $34.29B | 0.1356% |
| CTA | -5.93% | $367.83M | 0.76% |
| BSCO | -5.59% | $2.27B | 0.1% |
| CORN | -3.28% | $59.94M | 0.2% |
| XBIL | -2.98% | $633.44M | 0.15% |
| TBIL | -2.02% | $4.42B | 0.15% |
| CLOI | -1.56% | $749.05M | 0.4% |
| MINT | -0.59% | $11.69B | 0.35% |
| DBA | -0.02% | $787.55M | 0.93% |
| CSHI | 0.33% | $493.76M | 0.38% |
| KCCA | 0.89% | $219.07M | 0.87% |
News
Yahoo
In this article, we’ll summarize a bullish thesis posted on VIC regarding Magna International Inc. (MGA) in late July when MGA stock was trading at $43. Since the publication of this thesis, MGA stock has seen a modest uptick, currently trading at $43.90. MGA stock’s forward GAAP PE ratio stands at 9.54, while it trades […]
SeekingAlpha
Stay informed on dividend activity with a weekly summary for Dividend Champions, Contenders, and Challengers, including changes and upcoming dates.
Yahoo
Dedicated hybrid drive system brings high performance and sustainability to leading Chinese OEMNew 800V solution ensures a smooth and comfortable experience in all driving conditionsScalable DHD Duo design integrates seamlessly across various vehicle models, enhancing energy efficiency and driving versatility AURORA, Ontario, Nov. 19, 2024 (GLOBE NEWSWIRE) -- As OEMs increasingly prioritize hybrid solutions globally within their broader electrification strategies, Magna has secured its first awa
Yahoo
Key Insights Magna International's estimated fair value is CA$121 based on 2 Stage Free Cash Flow to Equity Magna...
Yahoo
MGA reports lower-than-expected Q3 results and expects 2024 revenues in the band of $42.2-$43.2 billion, down from $42.5-$44.1 billion guided earlier.
SeekingAlpha
Stay up to date on dividend activity with our weekly summary for Dividend Champions, Contenders, and Challengers, including ex-dividend and pay dates.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.