Magna International Inc. (TSE:MG) (NYSE:MGA) – Equities researchers at KeyCorp issued their Q4 2019 earnings per share (EPS) estimates for Magna International in a note issued to investors on Sunday, November 10th. KeyCorp analyst J. Picariello forecasts that the company will earn $1.67 per share for the quarter.
Shares of MG opened at C$73.01 on Wednesday. The firm has a market capitalization of $23.45 billion and a PE ratio of 9.38. The company’s 50-day moving average is C$70.29 and its 200-day moving average is C$66.10. Magna International has a fifty-two week low of C$57.34 and a fifty-two week high of C$76.11. The company has a debt-to-equity ratio of 43.01, a current ratio of 1.21 and a quick ratio of 0.82.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a $0.481 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, November 21st. Magna International’s payout ratio is presently 18.31%.
About Magna International
Magna International Inc designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia Pacific, and internationally. The Body Exteriors & Structures segment provides body structures; chassis structures, such as frame and structural assemblies, chassis subframes, and suspension systems; exterior systems and modules, including hoods, roofs, door panels, front end modules, liftgate modules, polycarbonate roof panels, liftgate sensor integration systems, and fascia; trim and automotive jewelry comprises engineered glass, trim and roof racks, and running boards; non-visible and visible active grille shutters, active air deflectors, and underbody panels; and fuel systems, pipes and components, and alternative energy storage systems.
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