Magellan Financial Group Limited

Equities

MFG

AU000000MFG4

Investment Management & Fund Operators

Market Closed - Australian S.E. 02:10:50 2024-09-12 EDT 5-day change 1st Jan Change
9.180 AUD +2.80% Intraday chart for Magellan Financial Group Limited +1.77% -1.08%
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Magellan Financial Group Repurchases Over 120,000 Shares MT
Magellan Financial Group's Total Funds Under Management Dip to AU$37.8 Billion in August MT
Magellan Financial Group Limited's Equity Buyback Plan Extended till April 3, 2025. CI
Australian Shares Tick Up as Financials' Gains Offset Commodities' Losses MT
Magellan Financial Says Vinva Investment to Have Negligible Impact on FY2025 EPS MT
Jarden Research Adjusts Magellan Financial Group's Price Target to AU$9.70 From AU$10.44, Keeps at Neutral MT
Magellan Financial Group Posts 12% Decline in Fiscal 2024 Revenue, Profit Jumps; Shares Up 9% MT
Transcript : Magellan Financial Group Limited, 2024 Earnings Call, Aug 15, 2024
Magellan Financial Group Posts 12% Decline in Fiscal 2024 Revenue, Profit Jumps MT
Magellan Financial Group Posts Fiscal 2024 Revenue Down 12% to AU$378.6 Million, Adjusted EPS of AU$0.982 MT
Magellan Financial Group Limited Announces Dividend for the Six Months Ended June 30, 2024, Payable on September 4, 2024 CI
Tranche Update on Magellan Financial Group Limited's Equity Buyback Plan announced on March 16, 2022. CI
Magellan Financial Group Limited Reports Earnings Results for the Full Year Ended June 30, 2024 CI
Magellan Financial Takes 29.5% Stake in Vinva Investment Management for AU$138.5 Million Cash MT
Magellan Financial Group Limited acquired 29.50% stake in Vinva Investment Management Limited for approximately AUD 140 million. CI
Magellan Financial's Funds Under Management Grow in July MT
Jarden Research Adjusts Magellan Financial Group's Price Target to AU$9.50 From AU$9.20, Keeps at Neutral MT
Magellan:Lessons learnt from investing in essential services FI
Magellan: The many facets of Brookfield Corporation FI
Magellan: Consumer shopping habits and the growth of Amazon FI
Magellan: Innovations shaping the global healthcare universe FI
Magellan: Finding leaders in the worldwide consumer market FI
Magellan Global Fund Appoints Managing Director MT
Magellan Financial Group Grows Funds Under Management as of End-February; Shares Jump 8% MT
Jarden Adjusts Magellan Financial Group Price Target to AU$8.40 From AU$7.80, Keeps at Neutral MT
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Logo Magellan Financial Group Limited
Magellan Financial Group Limited is an Australia-based specialist asset manager. The Company’s segments include Funds Management, Fund Investments and Associate Investments. The Funds Management segment provides investment fund management services to high net worth and retail investors in Australia and New Zealand, and to institutional investors globally. Its 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 the funds (collectively the 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 Associate Investments segment comprises a portfolio of selective investments in businesses in which it has a strategic interest.
Employees
109
Calendar
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Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
11
Last Close Price
8.930AUD
Average target price
9.732AUD
Spread / Average Target
+8.98%
Consensus
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  5. Jarden Research Adjusts Magellan Financial Group's Price Target to AU$9.50 From AU$9.20, Keeps at Neutral
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