Magnera Corp (NYSE: MAGN) Drops -122.8% From Highs, Now What?

During the last session, Magnera Corp (NYSE:MAGN)’s traded shares were 0.71 million, with the beta value of the company hitting 1.67. At the end of the trading day, the stock’s price was $12.02, reflecting an intraday gain of 1.78% or $0.21. The 52-week high for the MAGN share is $26.78, that puts it down -122.8 from that peak though still a striking 4.91% gain since the share price plummeted to a 52-week low of $11.43. The company’s market capitalization is $427.92M, and the average trade volume was 571.26K shares over the past three months.

Magnera Corp (NYSE:MAGN) trade information

Magnera Corp (MAGN) registered a 1.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.78% in intraday trading to $12.02, hitting a weekly high. The stock’s 5-day price performance is 1.26%, and it has moved by -18.06% in 30 days. Based on these gigs, the overall price performance for the year is -45.29%.

The consensus price target of analysts on Wall Street is $16, which implies an increase of 24.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $16 and $16 respectively. As a result, MAGN is trading at a discount of -33.11% off the target high and -33.11% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.44%.

MAGN Dividends

Magnera Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of Magnera Corp (MAGN) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 1.14 shares. This amounts to just over 3.19 percent of the company’s overall shares, with a $13.64 million market value. The same data shows that the other fund manager holds slightly less at 1.03, or about 2.89% of the stock, which is worth about $12.35 million.

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