Magna International, Inc. (MGA) News

Magna International, Inc. (MGA): $62.74

1.21 (+1.97%)

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Industry: Auto Parts


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MGA News Highlights

  • For MGA, its 30 day story count is now at 38.
  • Over the past 25 days, the trend for MGA's stories per day has been choppy and unclear. It has oscillated between 1 and 13.
  • The most mentioned tickers in articles about MGA are MA, AG and BODY.

Latest MGA News From Around the Web

Below are the latest news stories about Magna International Inc that investors may wish to consider to help them evaluate MGA as an investment opportunity.

3 Top Auto Stocks to Buy and Hold for the Long Haul

A multiyear period of sales expansion is looming for the automotive sector, and these companies are well-positioned to benefit from it.

Yahoo | February 25, 2022

Fisker Has Done Half of Its Homework Really Well

FSR stock should continue to do well in 2022 but cracks are emerging.

Alex Sirois on InvestorPlace | February 23, 2022

Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation

Editor's note: Seeking Alpha is proud to welcome Sean C McCluskey as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Investment Thesis Magna...

Sean C McCluskey on Seeking Alpha | February 22, 2022

Magna Enters Joint Venture With LAN to Assemble Seats in Michigan

JV to assemble complete seats for FordProduction expected to start in the second quarter of 2023More than 390 new jobs to be created AURORA, Ontario, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Today Magna announced it has entered into a joint venture (“JV”) with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The JV, to be called LM Manufacturing, will assemble complete seats for various trucks and SUVs for Ford Motor Company operating from a 296,000 square-foot leased facility

Yahoo | February 22, 2022

Magna offers carmakers a faster way to electric utes

Magna International says its battery-electric, 4WD powertrain system could allow automakers to electrify their utes without having to redo architectures.

Stuff | February 21, 2022

Magna International Inc. (TSE:MG) Stock Goes Ex-Dividend In Just Four Days

Magna International Inc. ( TSE:MG ) is about to trade ex-dividend in the next 4 days. Typically, the ex-dividend date...

Yahoo | February 19, 2022

Magna International – Consensus Indicates Potential 34.6% Upside

Magna International found using ticker (MGA) now have 15 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 127 and 88 and has a mean target at 107.2. Now with the previous closing price of 79.66 this would imply there is a potential upside of 34.6%. The 50 day MA is 80.9 and the 200 day MA is 84.81. The market capitalisation for the company is $23,997m. You can visit the company''s website by visiting: [stock_market_widget type="chart" symbol="MGA" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $32,293m based on the market concensus. Magna International Inc. designs, engineers, and manufactures components, ass...

DirectorsTalk | February 17, 2022

Fisker Ocean electric SUV ‘on schedule’ for November deliveries, CEO says

Electric vehicle (EV) company Fisker unveiled its Ocean EV SUV in late November at the Los Angeles Auto Show, with the goal of making the car “the world’s most sustainable vehicle.” CEO and chairman Henrik Fisker said that customers may be able to get their hands on the Ocean later this year.

Yahoo | February 17, 2022

Magna International declares $0.45 dividend

Magna International (NYSE:MGA) declares $0.45/share quarterly dividend, 4.7% increase from prior dividend of $0.43.Forward yield 2.3%Payable March 11; for shareholders of record Feb.

Seeking Alpha | February 15, 2022

BorgWarner (BWA) Beats on Q4 Earnings, Announces Buyout Deal

BorgWarner (BWA) beats Q4 earnings and revenue estimates. Meanwhile, it inks a deal to buy Santroll's light vehicle eMotor business to strengthen its position in electric propulsion systems.

Yahoo | February 15, 2022

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