Magnite IncMGNI

MGNI current price
$16.66+69.48%

Capital at risk.

1W
+2.40%
1M
+0.91%
3M
+27.76%
6M
+29.35%
1Y
+69.48%
MAX
-1.13%
About Magnite Inc
Ticker
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MGNI
Trading on
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NASDAQ
ISIN
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US55955D1000
Industry
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Advertising Agencies
Sector
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Communication Services
CEO
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Michael G. Barrett
Headquarters
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1250 Broadway, New York, NY, United States, 10001
Employees
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911
Website
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magnite.com
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Metrics
BasicAdvanced
Market cap
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$2.31B
P/E ratio
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126.31
EPS
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$0.13
Dividend Yield
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0.00%
Beta
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2.43
Forward P/E ratio
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20.2
EBIDTA
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$90.9M
Ex dividend date
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-
Price & volume
Market cap
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$2.31B
Average daily volume
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1.5M
90-day return
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27.76%
30-day return
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0.91%
7-day return
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2.40%
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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126.31
Forward P/E
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20.2
PEG ratio
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-
Trailing P/E
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126.31
Price to sales
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3.49
Price to book
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3.13
Earnings
EPS
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$0.13
EPS estimate (current quarter)
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$0.16
EPS estimate (next quarter)
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$0.38
EBITDA
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$90.9M
Revenues (TTM)
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$661M
Revenues per share (TTM)
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$4.73
Technicals
Beta
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2.43
52-week High
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$18.38
52-week Low
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$8.38
50-day moving average
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$14.96
200-day moving average
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$12.86
Short ratio
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3.63
Short %
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6.10%
Management effectiveness
ROE (TTM)
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2.51%
ROA (TTM)
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1.11%
Profit margin
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2.62%
Gross profit margin
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$270M
Operating margin
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9.34%
Growth
Quarterly earnings growth (YoY)
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93.40%
Quarterly revenue growth (YoY)
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7.90%
Share stats
Outstanding Shares
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141M
Float
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125M
Insiders %
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1.83%
Institutions %
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87.87%
Analyst Insights & forecasts
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93% Buy

7% Hold

0% Sell

Based on information from 13 analysts.

Average price target

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$18.42
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$0.29
$0.28
3.57%
Q4 • 23Beat
$0.05
$0.01
400.00%
Q1 • 24Beat
$0.14
$0.15
6.67%
Q2 • 24Beat
$0.17
$0.16
6.25%
Q3 • 24Beat
-
-
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$163M
$-1.1M
0.66%
Q2 • 24
$162M
$5.2M
3.22%
Q3 • 24
0.54%
583.67%
586.29%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$2.64B
$1.93B
73.03%
Q2 • 24
$2.74B
$2.01B
73.49%
Q3 • 24
3.58%
4.24%
0.63%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$89.6M
$-13.3M
$-2.5M
$76.3M
Q2 • 24
$91.3M
-
$-13.8M
$73.2M
Q3 • 24
1.99%
-
442.28%
3.97%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Greed

+1.5

0.64

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Magnite Inc share?
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Magnite Inc shares are currently traded for $16.66 per share.

How many shares does Magnite Inc have?
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Magnite Inc currently has 141M shares.

Does Magnite Inc pay dividends?
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No, Magnite Inc doesn't pay dividends.

What is Magnite Inc 52 week high?
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Magnite Inc 52 week high is $18.38.

What is Magnite Inc 52 week low?
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Magnite Inc 52 week low is $8.38.

What is the 200-day moving average of Magnite Inc?
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Magnite Inc 200-day moving average is $12.86.

Who is Magnite Inc CEO?
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The CEO of Magnite Inc is Michael G. Barrett.

How many employees Magnite Inc has?
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Magnite Inc has 911 employees.

What is the market cap of Magnite Inc?
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The market cap of Magnite Inc is $2.31B.

What is the P/E of Magnite Inc?
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The current P/E of Magnite Inc is 126.31.

What is the EPS of Magnite Inc?
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The EPS of Magnite Inc is $0.13.

What is the PEG Ratio of Magnite Inc?
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The PEG Ration of Magnite Inc is null.

What do analysts say about Magnite Inc?
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According to the analysts Magnite Inc is considered a buy.