During the last session, Magnera Corp (NYSE:MAGN)’s traded shares were 0.78 million, with the beta value of the company hitting 1.68. At the end of the trading day, the stock’s price was $12.44, reflecting an intraday loss of -0.96% or -$0.12. The 52-week high for the MAGN share is $26.78, that puts it down -115.27 from that peak though still a striking 8.12% gain since the share price plummeted to a 52-week low of $11.43. The company’s market capitalization is $442.87M, and the average intraday trading volume over the past 10 days was 0.94 million shares, and the average trade volume was 649.00K shares over the past three months.
Magnera Corp (NYSE:MAGN) trade information
Magnera Corp (MAGN) registered a -0.96% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.96% in intraday trading to $12.44, hitting a weekly high. The stock’s 5-day price performance is -10.44%, and it has moved by -2.66% in 30 days. Based on these gigs, the overall price performance for the year is -40.93%. The short interest in Magnera Corp (NYSE:MAGN) is 2.56 million shares and it means that shorts have 3.33 day(s) to cover.
The consensus price target of analysts on Wall Street is $16, which implies an increase of 22.25% 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 -28.62% off the target high and -28.62% 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 on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 5.08%.
Magnera Corp (NYSE:MAGN)’s Major holders
Magnera Corp insiders own 0.69% of total outstanding shares while institutional holders control 99.82%, with the float percentage being 100.52%.
