Logo image of MGN.OL

MAGNORA ASA (MGN.OL) Stock Price, Quote, News and Overview

OSL:MGN - Euronext Oslo - NO0010187032 - Common Stock - Currency: NOK

22.05  +1.65 (+8.09%)

MGN.OL Quote, Performance and Key Statistics

MAGNORA ASA

OSL:MGN (3/7/2025, 7:00:00 PM)

22.05

+1.65 (+8.09%)

Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
GICS IndustryGroupUtilities
GICS SubIndustryRenewable Electricity
Statistics
52 Week High35.75
52 Week Low20.25
Market Cap1.45B
Shares65.78M
Float39.98M
Yearly Dividend0.37
Dividend YieldN/A
PE5.24
Fwd PE7.65
Earnings (Next)04-14 2025-04-14
IPO12-13 2004-12-13


MGN.OL short term performance overview.The bars show the price performance of MGN.OL in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -5 -10 -15

MGN.OL long term performance overview.The bars show the price performance of MGN.OL in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 -10 -20

The current stock price of MGN.OL is 22.05 NOK. In the past month the price decreased by -15.36%. In the past year, price decreased by -28.64%.

MAGNORA ASA / MGN Daily stock chart

MGN.OL Competitors/Peers

The largest stocks on the EU markets in the "Renewable Electricity" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
D2G.DE ORSTED A/S N/A 18.06B
SCATC.OL SCATEC ASA 9.08 11.90B
EDPR.LS EDP RENOVAVEIS SA 48.41 8.56B
NEOEN.PA NEOEN SA 142.32 6.10B
CLOUD.OL CLOUDBERRY CLEAN ENERGY ASA 34.56 3.19B
ERG.MI ERG SPA 7.86 2.65B
VLTSA.PA VOLTALIA SA- REGR 38.14 1.05B
GRP.I GREENCOAT RENEWABLES PLC 15.2 846.29M
ARN.MI ALERION CLEANPOWER 19.66 682.21M
EAM.OL EAM SOLAR ASA N/A 271.62M
HRPK.DE 7C SOLARPARKEN AG 69.83 173.95M
ABO.DE CLEARVISE AG 15.45 128.11M

About MGN.OL

Company Profile

MGN logo image Magnora ASA engages in the operation of renewable energy development company. The company is headquartered in Oslo, Oslo and currently employs 19 full-time employees. The company went IPO on 2004-12-13. The company is engaged in the investing in renewable energy companies and projects and has over the past year been able to expand into solar photovoltaic (PV), offshore wind, onshore wind and solar PV enhancing technology market across the Nordics, United Kingdom and South Africa. The Company’s activities are divided into two business segments: Corporate and Projects. The Corporate segment consists of the corporate staff and represents the cost base of the Group, all licensing revenues from legacy oil and gas contracts are managed and reported as part of the corporate segment; and The Project segment consists of the portfolio companies, projects, and all related activities.

Company Info

MAGNORA ASA

Karenslyst Alle 6

Oslo OSLO NO

Employees: 2

Company Website: https://magnoraasa.com/

Investor Relations: http://magnoraasa.com/investors/

MAGNORA ASA / MGN.OL FAQ

What is the stock price of MAGNORA ASA today?

The current stock price of MGN.OL is 22.05 NOK. The price increased by 8.09% in the last trading session.


What is the ticker symbol for MAGNORA ASA stock?

The exchange symbol of MAGNORA ASA is MGN and it is listed on the Euronext Oslo exchange.


On which exchange is MGN.OL stock listed?

MGN.OL stock is listed on the Euronext Oslo exchange.


What is the price forecast or stock price prediction for MAGNORA ASA stock?

8 analysts have analysed MGN.OL and the average price target is 38.08 NOK. This implies a price increase of 72.7% is expected in the next year compared to the current price of 22.05. Check the MAGNORA ASA stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is MAGNORA ASA worth?

MAGNORA ASA (MGN.OL) has a market capitalization of 1.45B NOK. This makes MGN.OL a Small Cap stock.


How many employees does MAGNORA ASA have?

MAGNORA ASA (MGN.OL) currently has 2 employees.


What are the support and resistance levels for MAGNORA ASA (MGN.OL) stock?

MAGNORA ASA (MGN.OL) has a support level at 22.04 and a resistance level at 22.06. Check the full technical report for a detailed analysis of MGN.OL support and resistance levels.


Is MAGNORA ASA (MGN.OL) expected to grow?

The Revenue of MAGNORA ASA (MGN.OL) is expected to decline by -26.54% in the next year. Check the estimates tab for more information on the MGN.OL EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy MAGNORA ASA (MGN.OL) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does MAGNORA ASA (MGN.OL) stock pay dividends?

MGN.OL does not pay a dividend.


When does MAGNORA ASA (MGN.OL) report earnings?

MAGNORA ASA (MGN.OL) will report earnings on 2025-04-14.


What is the Price/Earnings (PE) ratio of MAGNORA ASA (MGN.OL)?

The PE ratio for MAGNORA ASA (MGN.OL) is 5.24. This is based on the reported non-GAAP earnings per share of 4.21 and the current share price of 22.05 NOK. Check the full fundamental report for a full analysis of the valuation metrics for MGN.OL.


MGN.OL Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

MGN.OL Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to MGN.OL. MGN.OL has an excellent financial health rating, but there are some minor concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MGN.OL Financial Highlights

Over the last trailing twelve months MGN.OL reported a non-GAAP Earnings per Share(EPS) of 4.21. The EPS increased by 101.39% compared to the year before.


Industry RankSector Rank
PM (TTM) 11786.27%
ROA 95.9%
ROE 129.55%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%1519.54%
Sales Q2Q%6503.35%
EPS 1Y (TTM)101.39%
Revenue 1Y (TTM)-94.94%

MGN.OL Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 85% to MGN.OL. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of -48.07% and a revenue growth -26.54% for MGN.OL


Ownership
Inst Owners11.34%
Ins Owners5.78%
Short Float %N/A
Short RatioN/A
Analysts
Analysts85
Price Target38.08 (72.7%)
EPS Next Y-48.07%
Revenue Next Year-26.54%