Magellan Financial Group Share Price and Company Fundamentals
Last traded: Yesterday at 6:10 AM
Magellan Financial Group Limited is a publicly owned investment manager. It invests in global equities and global listed infrastructure markets across the globe. Magellan Financial Group Limited founded in 2004 and is based in Sydney, Australia.
Key Metrics
PE ratio
7.61
PB ratio
1.64
Dividend yield
7.54%
Beta
1.05
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Asset Management / Financial Services |
|---|---|
| Full time employees | 111 |
| Website | https://www.magellangroup.com.au |
| Mailing address | Level 36 25 Martin Place Sydney NSW 2000 Australia |
| Phone / Fax | 612 9235 4888 / |
Dividends
More: Magellan Financial Group Dividend history, yield and payout ratio
Dividend yield
7.54%
Dividend amount
$0.65
Payout ratio
77.55%
5Y Avg. yield
8.47%
Magellan Financial Group paid $0.65 dividend and the ex-dividend date was 20 Feb 2024.The dividend payout ratio is 77.55%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MFG dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
MFG's forward dividend amount is $0.59 and the forward dividend yield is 6.91%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Magellan Financial Group.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Ms. Kirsten Elizabeth Morton | COO & CFO | 1.74M | |
| Ms. Marcia Paulina Venegas | Chief Risk, Chief Compliance Officer & Company Secretary | 1.1M | |
| Ms. Rebecca Smith | Head of Strategy & Special Projects | 2.4M | |
| Mr. Andrew James Formica | Executive Chairman | ||
| Mr. Gerald Stack | Head of Investments & Infrastructure and Portfolio Manager | 3.83M | |
| Mr. Ryan Joyce C.F.A. | Portfolio Manager & Sector Head of Financials & Technology Sector | ||
| Mr. Leo Quintana | Chief Legal Officer | 200k | |
| Mr. Mark Burgess | Head of Distribution & Marketing | ||
| Ms. Nikki Thomas C.F.A. | Head of Research, Portfolio Manager & Co-Portfolio Manager of Global Equity Strategies | ||
| Mr. Greg Dring | Portfolio Manager & Co-Head Franchises |
Profitability and management effectiveness
Profit margin
50.55%
Operating margin
67.00%
Return on assets
15.92%
Return on equity
21.54%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Magellan Financial Group is and its enterprise value is .
The MFG's stocks Beta value is 1.05 making it 5% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Magellan Financial Group (ASX:MFG) Frequently Asked Questions
1. What is Magellan Financial Group's Stock Symbol?
Magellan Financial Group trades on ASX under the ticker symbol "MFG".
2. What is Magellan Financial Group's stock price today?
One share of MFG stock can currently be purchased for approximately $8.51.
3. How can I contact Magellan Financial Group?
Magellan Financial Group's mailing address is Level 36 25 Martin Place Sydney NSW 2000 Australia. The company can be reached via phone at 612 9235 4888.
4. What is Magellan Financial Group's official website?
The official website of Magellan Financial Group is https://www.magellangroup.com.au.