Key Points
- Peter Cirulis purchased 5,275 shares of Martinrea on May 5 at C$10.41 each (C$54,912.75), increasing his holdings to 135,275 shares — a 4.06% rise in his ownership (≈C$1.41M).
- Martinrea has a one-year range of C$7.36–C$11.62, a market cap of C$731.63M and a trailing P/E of 6.37; it reported C$0.45 EPS last quarter and pays a quarterly C$0.05 dividend (annualized C$0.20, ~1.9% yield).
- Analysts hold a consensus “Moderate Buy” with an average target of C$12.83, with recent targets ranging from C$10.50 (BMO, market perform) to C$15.00 (TD, buy).
Martinrea International Inc. (TSE:MRE - Get Free Report) insider Peter Cirulis purchased 5,275 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was purchased at an average price of C$10.41 per share, with a total value of C$54,912.75. Following the completion of the transaction, the insider owned 135,275 shares of the company's stock, valued at approximately C$1,408,212.75. This trade represents a 4.06% increase in their ownership of the stock.
Martinrea International Price Performance
MRE stock opened at C$10.32 on Thursday. Martinrea International Inc. has a one year low of C$7.36 and a one year high of C$11.62. The company's fifty day moving average price is C$9.66 and its 200-day moving average price is C$10.05. The company has a debt-to-equity ratio of 77.11, a quick ratio of 0.68 and a current ratio of 1.27. The company has a market capitalization of C$731.63 million, a PE ratio of 6.37, a price-to-earnings-growth ratio of 0.82 and a beta of 1.93.
Martinrea International (TSE:MRE - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported C$0.45 EPS for the quarter. Martinrea International had a net margin of 2.46% and a return on equity of 7.74%. The firm had revenue of C$1.13 billion for the quarter. On average, equities analysts anticipate that Martinrea International Inc. will post 2.4988962 EPS for the current fiscal year.
Martinrea International Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 15th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, March 31st. Martinrea International's payout ratio is 12.35%.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. BMO Capital Markets lowered their target price on shares of Martinrea International from C$11.00 to C$10.50 and set a "market perform" rating on the stock in a report on Friday, March 6th. TD Securities boosted their target price on shares of Martinrea International from C$14.00 to C$15.00 and gave the stock a "buy" rating in a report on Friday, March 6th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$12.83.
View Our Latest Stock Analysis on Martinrea International
Martinrea International Company Profile
(
Get Free Report)
Martinrea International Inc is a Canadian producer of steel and aluminium parts and fluid management systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products is in North America.
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