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Magellan Aero TSX: MAL-T

Today's Change
Volume
Real-Time Last Update TSX Last Sale

Today's Trading

Day Low 10.04
Day High 10.30
Open:10.08
Price movement based on the high, low and last over the given period.
Previous Close
52-Week High/Low
Volume
Average Volume
Price/Earnings (TTM)
Forward Annual Dividend & Yield
Market Capitalization, $M
5-Day Change

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Description
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aero-structures and aero-engines. Its engines and parts may be applied to new aircrafts, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Fundamentals

Market Capitalization, $M
Shares Outstanding, M
36-Month Beta
Earnings Per Share (TTM)
Revenue Growth YoY
Profit Margin
5-Year Avg. Revenue Growth
5-Year Avg. Profit Growth
1-Year Total Return
3-Year Total Return
5-Year Total Return
Price/Earnings (TTM)
Price/Earnings (Forward)
Trailing Annual Dividend & Yield
Forward Annual Dividend & Yield
Most Recent Dividend
Ex-Div Date
Most Recent Split
Return on Common Equity
Return-on-Assets (Before Tax)
Debt-to-Equity Ratio
Price/Book

Earnings

Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings.

Analyst Research

Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research.

Hold

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Latest Press Releases

Magellan Aerospace Announces Quarterly Dividend
- BusinessWire - Fri Mar 5, 4:00PM CST
BusinessWire - CMTX
Fri Mar 5, 4:00PM CST
Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.105 (ten and one-half cents) per share on the Corporation's common shares. The dividend is payable on March 31, 2021, to stockholders of record at the close of business on March 19, 2021.
Magellan Aerospace and General Electric Aviation Canada Sign Memorandum of Understanding for F414 Engine Sustainment in Support of Boeing Super Hornet Bid for Canada Future Fighter Competition
- BusinessWire - Mon Feb 8, 6:00AM CST
BusinessWire - CMTX
Mon Feb 8, 6:00AM CST
Magellan Aerospace Corporation ("Magellan") announced today the signing of a Memorandum of Understanding ("MOU") with General Electric Aviation Canada ("GE Canada") for the purpose of exploring an arrangement whereby GE Canada would support Magellan in establishing and delivering a Canadian-based sustainment solution for the GE F414-GE-400 engine, which powers Boeing's F/A-18 Block III Super Hornet fighter jet. This initiative is in support of Boeing's proposal to provide the Block III Super Hornet as a solution for Canada's Future Fighter Capability Project ("FFCP"). Under this MOU, with the selection of the Super Hornet for the FFCP, GE Canada and Magellan would develop an appropriate and competitive sustainment solution for Canada which would provide all aircraft engine sustainment services for the Royal Canadian Air Force ("RCAF") on their F414 engine fleet. The in-country depot level sustainment support for the engines includes onsite maintenance, repair and overhaul ("MR&O") support services, technical services, and engineering support and would be performed in Magellan's facility in Mississauga, Ontario for the life of the program. This engine sustainment work for Magellan aligns with the objectives outlined in Canada's FFCP ITB requirement and will continue to provide high-value, high-complexity jobs in Ontario, Canada.
Magellan Aerospace to Supply Missile Fin Assemblies to Raytheon Missiles & Defense
- BusinessWire - Thu Jan 14, 1:00PM CST
BusinessWire - CMTX
Thu Jan 14, 1:00PM CST
Raytheon Missiles & Defense ("Raytheon") has awarded Magellan Aerospace Corporation ("Magellan") a contract for the supply of complex missile fin components. These heat-tolerant surface control assemblies will be manufactured at Magellan's facility in Middletown, Ohio, USA with deliveries in 2020 through 2024. The value of this agreement is approximately $61.4 million.
Price History Describes more index sector components

Price Performance

Period Period Low Period High Performance
1-Month 9.60 +6.15% increase
on 02/23/21
Period Open:10.05
Price movement based on the high, low and last over the given period.
10.50 -2.95% decrease
on 02/11/21
+0.14 (+1.39%) increase
since 02/08/21
3-Month 8.55 +19.18% increase
on 12/30/20
Period Open:10.30
Price movement based on the high, low and last over the given period.
10.50 -2.95% decrease
on 02/11/21
-0.11 (-1.07%) decrease
since 12/08/20
52-Week 4.80 +112.29% increase
on 03/19/20
Period Open:11.07
Price movement based on the high, low and last over the given period.
10.71 -4.86% decrease
on 12/08/20
-0.88 (-7.95%) decrease
since 03/06/20

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