How to buy Magellan Financial shares | MFG historical share price and analysis
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How to buy Magellan Financial shares

Own Magellan Financial shares in just a few minutes.

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Magellan Financial Group Limited is an asset management business based in Australia. Magellan Financial shares (MFG) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Magellan Financial has a trailing 12-month revenue of around $662.7 million.

How to buy shares in Magellan Financial

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Magellan Financial. Find the share by name or ticker symbol: MFG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Magellan Financial reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Magellan Financial. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

What's in this guide?

  1. Magellan Financial key stats
  2. Compare share trading platforms
  3. Is Magellan Financial stock a buy or sell?
  4. Magellan Financial performance over time
  5. Are Magellan Financial shares over-valued?
  6. Magellan Financial's financials
  7. How volatile are Magellan Financial shares?
  8. Does Magellan Financial pay a dividend?
  9. Have Magellan Financial shares ever split?
  10. Other common questions

Magellan Financial share price

Use our graph to track the performance of MFG stocks over time.

Magellan Financial shares at a glance

Information last updated 2021-03-28.
52-week range$36.2814 - $63.5165
50-day moving average $45.5694
200-day moving average $53.582
Target price$28.95
PE ratio 20.7208
Dividend yield $1.887 (4.13%)
Earnings per share (TTM) $2.206

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
Superhero share trading
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Bell Direct Share Trading
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AUD $15
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ASX shares, mFunds, ETFs
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Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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IG Share Trading
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IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
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CMC Markets Stockbroking
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CMC Markets Stockbroking
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
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Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
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Is it a good time to buy Magellan Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Magellan Financial Group Limited by TradingView

Is Magellan Financial under- or over-valued?

Valuing Magellan Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magellan Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Magellan Financial's P/E ratio

Magellan Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, Magellan Financial shares trade at around 21x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Magellan Financial's EBITDA

Magellan Financial's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $547.9 million (£0.0 million).

The EBITDA is a measure of a Magellan Financial's overall financial performance and is widely used to measure a its profitability.

Magellan Financial financials

Revenue TTM $662.7 million
Operating margin TTM 81.91%
Gross profit TTM $620.9 million
Return on assets TTM 29.65%
Return on equity TTM 38.16%
Profit margin 60.8%
Book value 5.984
Market capitalisation $8.4 billion

TTM: trailing 12 months

Magellan Financial share dividends

93%

Dividend payout ratio: 92.84% of net profits

Recently Magellan Financial has paid out, on average, around 92.84% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.25% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magellan Financial shareholders could enjoy a 4.25% return on their shares, in the form of dividend payments. In Magellan Financial's case, that would currently equate to about A$1.887 per share.

Magellan Financial's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 15 February 2021 (the "ex-dividend date").

Have Magellan Financial's shares ever split?

Magellan Financial's shares were split on 10 April 2007.

Magellan Financial share price volatility

Over the last 12 months, Magellan Financial's shares have ranged in value from as little as $36.2814 up to $63.5165. A popular way to gauge a stock's volatility is its "beta".

MFG.AU volatility(beta: 1.05)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Magellan Financial's is 1.0464. This would suggest that Magellan Financial's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Magellan Financial overview

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.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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