Magellan Financial Group Ltd (MFG)

Sydney
8.20
+0.20(+2.50%)
  • Volume:
    1,097,023
  • Bid/Ask:
    8.18/8.20
  • Day's Range:
    7.88 - 8.23
High dividend Yield

Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested. It reflects how much an investor will earn aside from any capital gains in the stock.

MFG Overview

Prev. Close
8
Day's Range
7.88-8.23
Revenue
573.97M
Open
7.92
52 wk Range
7.57-18
EPS
1.17
Volume
1,097,023
Market Cap
1.49B
Dividend (Yield)
1.158
(13.99%)
Average Volume (3m)
1,326,093
P/E Ratio
6.93
Beta
0.92
1-Year Change
-43.06%
Shares Outstanding
181,509,883
Next Earnings Date
-
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Magellan Financial Group Ltd Company Profile

Magellan Financial Group Ltd Company Profile

Magellan Financial Group Limited is an Australia-based company, which is engaged in global investment. The Company's segments include Funds Management, Fund Investments, Magellan Capital Partners, and Corporate. The Funds Management segment provides investment funds management to high net worth and retail investors in Australia and New Zealand, and institutional investors globally. The Funds Management activities include providing investment research and administrative services to certain clients; providing investment management and sub-advisory services under client mandates; and acting as responsible entity/trustee (RE) and/or investment manager (IM) for Magellan Funds. The Fund Investments segment comprises its direct investment in certain Magellan Funds and a select portfolio of listed Australian and international equities. The Magellan Capital Partners segment comprises a portfolio of selective investments in businesses, in which the Company has a strategic interest.

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Analyst Price Target

Average9.58 (+16.83% Upside)
High11.50
Low7.00
Price8.20
No. of Analysts11
Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
Analysts Consensus

Technical Summary

Type
5 Min
15 Min
Hourly
Daily
Monthly
Moving AveragesBuyStrong BuyBuySellStrong Sell
Technical IndicatorsStrong BuyStrong BuyStrong BuySellStrong Sell
SummaryStrong BuyStrong BuyStrong BuySellStrong Sell
  • A lot of pro cyclical momentum with these companies. Revenue depends % FUM. Rise and fall with markets. In this case also loss of ‘star’ manager, FUM potential overhang if above sells further holdings. However longer term basic strategy suited ro current conditions so maybe over done medium term.
    0
    • If this is a bottom its a good buy. Why?. It's oversold. It's has an impressive dividend. It has investments in many quality companies worldwide. CEO just resigned for understandable personal reasons.
      0
      • :((((
        0
        • Hi, guys! Is this a major company on your market?
          0
          • Not sure whats going on exactly but I expected better performance
            0
            • shocking performance
              0