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%

NYSE: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 1,611,262. The company has a market cap of $16.69 billion, a price-to-earnings ratio of 20.62 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.87. The firm’s fifty day moving average is $58.59 and its two-hundred day moving average is $54.25. Magna International has a 12-month low of $32.54 and a 12-month high of $69.94.

Magna International (NYSE:MGA) (TSE:MG) last released its earnings results on Friday, May 1st. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.37. The company had revenue of $10.13 billion for the quarter, compared to analyst estimates of $10.14 billion. Magna International had a net margin of 1.99% and a return on equity of 12.73%. The firm’s quarterly revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.78 EPS. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Equities analysts expect that Magna International will post 6.81 EPS for the current fiscal year.

Magna International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MGA. Zacks Research raised shares of Magna International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Wall Street Zen raised shares of Magna International from a “buy” rating to a “strong-buy” rating in a research note on Monday, January 19th. Morgan Stanley upped their price objective on shares of Magna International from $54.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $57.00 price objective on shares of Magna International in a research note on Wednesday. Finally, TD Securities upped their price objective on shares of Magna International from $58.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price 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 and hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. increased its position in Magna International by 7.8% during the 4th quarter. Russell Investments Group Ltd. now owns 2,090,887 shares of the company’s stock worth $111,549,000 after purchasing an additional 151,819 shares in the last quarter. State of Tennessee Department of Treasury increased its position in Magna International by 0.6% during the 4th quarter. State of Tennessee Department of Treasury now owns 157,482 shares of the company’s stock worth $8,095,000 after purchasing an additional 937 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in Magna International by 196.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 139,659 shares of the company’s stock worth $6,620,000 after purchasing an additional 92,613 shares in the last quarter. Ameriprise Financial Inc. increased its position in Magna International by 14.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 56,868 shares of the company’s stock worth $2,196,000 after purchasing an additional 7,073 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in Magna International by 1.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company’s stock worth $675,000 after acquiring an additional 246 shares during the period. Institutional investors and hedge funds own 67.49% of the company’s stock.

About Magna International

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.