Magellan Financial Group Limited

Equities

MFG

AU000000MFG4

Investment Management & Fund Operators

Market Closed - Australian S.E. Other stock markets 02:10:43 2024-04-30 am EDT			5-day change	1st Jan Change
8.93 ^AUD	-0.45%		-0.11%	-3.77%

Mar. 06	Magellan Financial Group Grows Funds Under Management as of End-February; Shares Jump 8%	MT
Feb. 16	Jarden Adjusts Magellan Financial Group Price Target to AU$8.40 From AU$7.80, Keeps at Neutral	MT

Tranche Update on Magellan Financial Group Limited's Equity Buyback Plan announced on March 16, 2022.

August 17, 2023 at 07:22 pm EDT

From January 1, 2023 to June 30, 2023, the company has repurchased 77,984 shares, representing 0.04% for AUD 0.6 million. With this, the company has completed the repurchase of 4,284,100 shares, representing 2.31% for AUD 47.28 million under the buyback announced on March 16, 2022.

Latest news about Magellan Financial Group Limited

Magellan Financial Group Grows Funds Under Management as of End-February; Shares Jump 8%	Mar. 06	MT
Jarden Adjusts Magellan Financial Group Price Target to AU$8.40 From AU$7.80, Keeps at Neutral	Feb. 15	MT
Transcript : Magellan Financial Group Limited, H1 2024 Earnings Call, Feb 15, 2024	Feb. 14
Magellan Financial Group's Adjusted Profit, Revenue Decline in Fiscal H1 FY24	Feb. 14	MT
Magellan Financial Group Limited Reports Earnings Results for the Half Year Ended December 31, 2023	Feb. 14	CI
Magellan Financial Group Grow Funds Under Management as of End-January	Feb. 05	MT
Magellan Financial Records Slightly Higher Funds Under Management in December	Jan. 04	MT
Magellan Global Fund's Responsible Entity Gets Additional Option Acquisition Proposal from Magellan Financial Group	Dec. 07	MT
Magellan Global Fund's Responsible Entity Receives Option Purchase Proposal from Magellan Financial Group	Dec. 06	MT
Magellan Financial's Funds Under Management Up in November; Shares Rise 3%	Dec. 05	MT
Transcript : Magellan Financial Group Limited - Shareholder/Analyst Call	Nov. 07
Magellan Financial Group Limited Appoints Cathy Kovacs as Director	Nov. 06	CI
Magellan Financial Group's Managed Funds as of End-October Slightly Decline	Nov. 05	MT
Magellan Financial Group CEO/Managing Director Steps Down; Shares Slide 4%	23-10-25	MT
Australia's Magellan Financial hits decade-low on CEO exit, cost outlook	23-10-24	RE
Magellan Financial Group Limited Appoints Andrew Formica as Executive Chairman, Effective 25 October 2023	23-10-24	CI
Australia's Magellan plunges as fund manager sees decline in assets managed for 8th month	23-10-05	RE
Magellan Financial Posts Decline in Funds Under Management; Shares Fall 12%	23-10-05	MT
Magellan Financial Group Limited Appoints Deborah Page AM as Director	23-10-02	CI
Magellan Financial Group Limited Announces Board Changes	23-09-07	CI
Magellan Financial Posts Lower Funds Under Management as of End-August	23-09-06	MT
Magellan Financial Group Fiscal 2023 Profit, Revenue Down	23-08-18	MT
Transcript : Magellan Financial Group Limited, 2023 Earnings Call, Aug 18, 2023	23-08-17
Magellan Financial Group Limited Provides Investment Team Leadership Update	23-08-17	CI
Tranche Update on Magellan Financial Group Limited's Equity Buyback Plan announced on March 16, 2022.	23-08-17	CI

Chart Magellan Financial Group Limited

Duration

Period

More charts

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, and Magellan Capital Partners. 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 an interest.

Sector

Investment Management & Fund Operators

Calendar

2024-08-14 - Q4 2024 Earnings Release

Related indices

S&P/ASX 200

More about the company

Income Statement Evolution

More financial data

Ratings for Magellan Financial Group Limited

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

8.97 AUD

Average target price

8.885 AUD

Spread / Average Target

-0.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Investment Management & Fund Operators

	1st Jan change	Capi.
MAGELLAN FINANCIAL GROUP LIMITED	-3.77%	1.06B
BLACKROCK, INC.	-6.77%	113B
UBS GROUP AG	-7.01%	88.42B
APOLLO GLOBAL MANAGEMENT, INC.	+20.42%	63.11B
BROOKFIELD CORPORATION	+4.31%	62.22B
BANK OF NEW YORK MELLON CORPORATION (THE)	+9.26%	42.87B
AMERIPRISE FINANCIAL, INC.	+8.42%	41.47B
3I GROUP PLC	+18.79%	34.8B
T. ROWE PRICE GROUP INC.	+2.47%	25.03B
PRINCIPAL FINANCIAL GROUP, INC.	+1.60%	18.91B

Other Investment Management & Fund Operators