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NYSE:MGA
Magna International (MGA)
Financials 
Technical Analysis 
Owns shares in company. Has been buying shares on weakness. Cost containment efforts ahead of schedule. Improving trends in costs. Would recommend buying. Expecting 90% growth rate. Believes company will benefit from soft landing.
Greg Newman
Owns shares in Canadian dividend fund.
Share price appreciating after Covid-19.
Recession fears weighing on share price.
Believes is a good long term investment.
Excellent value at current share price.
Lorne Steinberg
MG has a decent enough balance sheet, with net debt about 1.6X annual cash flow.
Dividend payout is in the 25% range and we would not expect a cut.
Three years is a long forecast time, but analysts show close to $10 in EPS in 2026, so if that is realized the stock is very cheap and is likely to do better.
But it has had a series of bad announcements, and we would expect the company to be in the penalty box for at least several months now.
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Current share price presenting good buying opportunity.
Very large shareholders through the years.
Well run company.
Growth into electronics business will be good for the long term.
Auto sector recovering well.
Car demand growing.
Bruce MurrayTrevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. LG joint venture very favorable. Margins improving and strong liquidity. Positioned well for EV growth. Globally diversified operation. Unlock Premium - Try 5i Free
Bruce Murray
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Magna International (MGA) Frequently Asked Questions
What is Magna International stock symbol?
Magna International is a American stock, trading under the symbol MGA (previously MGA-N on Stockchase) on the New York Stock Exchange (MGA). It is usually referred to as NYSE:MGA or MGA
Is Magna International a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on MGA (previously MGA-N on Stockchase) on Stockchase. Read the latest expert commentary for Magna International.
Is Magna International a good investment or a top pick?
Magna International was recommended as a Top Pick by Lorne Steinberg on 2022-05-11. Read the latest stock experts ratings for Magna International.
Why is Magna International stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Magna International.
Is Magna International worth watching?
Magna International is followed by 45 investors on Stockchase and is a trending stock that is worth watching.
What is Magna International stock price?
On 2026-06-18, Magna International (MGA) stock closed at a price of $65.36.
Owns shares, and would recommend buying. Can have strong moves in positive direction due to cyclical nature of business. Would recommend buying around $70. Expecting shares to rise to $100.