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

Magna International (NYSE:MGA) (TSE:MG) issued an update on its FY 2026 earnings guidance on Friday morning. 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.

Magna International Trading Down 4.4%

Shares of Magna International stock opened at $60.84 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.87. Magna International has a 1 year low of $32.54 and a 1 year high of $69.94. The company has a market capitalization of $16.69 billion, a P/E ratio of 25.46 and a beta of 1.44. The business has a 50 day moving average price of $58.59 and a 200 day moving average price of $54.32.

Magna International (NYSE:MGA) (TSE:MG) last issued its quarterly earnings data on Friday, May 1st. The company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.37. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The firm had revenue of $10.13 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same period in the previous year, the firm posted $0.78 EPS. The company’s quarterly 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. Sell-side analysts anticipate that Magna International will post 6.81 EPS for the current fiscal year.

Magna International Dividend Announcement

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

Analysts Set New Price Targets

MGA has been the subject of several research reports. Raymond James Financial lifted their price objective on Magna International from $50.00 to $75.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $57.00 target price on shares of Magna International in a research note on Wednesday. Wells Fargo & Company lowered their target price on shares of Magna International from $69.00 to $59.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. Citigroup lifted their target price on shares of Magna International from $55.00 to $58.00 and gave the stock a “neutral” rating in a research note on Monday, March 23rd. Finally, UBS Group lowered their target price on shares of Magna International from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. One research 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 stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.40.

Key Headlines Impacting 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 Trading of Magna International

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

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.