MAGN
Magnera Corporation
NYSEUSDEQUITY
Consumer Defensive
DELAYED
Last price
12.58
▲ 0.57 (4.75%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
12.01
Prev close
12.01
Day high
12.40
Day low
11.98
Volume
451.87K
Market cap
$439.30M
P/E (TTM)
—
52W range
7.82 – 15.52
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
412.42K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Feb 27, 26 | UREY JILL L General Counsel |
CONVERSION | 1.57K | $20.34K | Direct |
| Feb 24, 26 | UREY JILL L General Counsel |
CONVERSION | 205 | $2.67K | Direct |
| Nov 4, 25 | RICKERTSEN CARL JOHN Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | BROWN BRUCE Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | FOGARTY KEVIN MICHAEL Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | MARNICK SAMANTHA J Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | BEGLE CURTIS L Chief Executive Officer |
CONVERSION | 18.21K | $155.31K | Direct |
| Nov 4, 25 | CURLESS MICHAEL S Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | TILL JAMES M. Chief Financial Officer |
— | 4.75K | — | Direct |
| Nov 4, 25 | HALL MARY DEAN Director |
— | 9.50K | — | Direct |
| Nov 4, 25 | SALMON TOM Director |
CONVERSION | 9.50K | $81.04K | Direct |
| Nov 4, 25 | UREY JILL L General Counsel |
CONVERSION | 1.58K | $13.50K | Direct |
| Nov 4, 25 | FAHNEMANN THOMAS Director |
CONVERSION | 7.13K | $60.78K | Direct |
| Nov 4, 25 | MANROA TARUN Chief Operating Officer |
— | 3.56K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BEGLE CURTIS L |
Chief Executive Officer | 68.21K | Conversion of Exercise of derivative security |
BROWN BRUCE |
Director | 38.76K | Conversion of Exercise of derivative security |
CARLSON CAPITAL, L.P. |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
CURLESS MICHAEL S |
Director | 19.50K | Conversion of Exercise of derivative security |
FAHNEMANN THOMAS |
Director | 83.62K | Conversion of Exercise of derivative security |
FOGARTY KEVIN MICHAEL |
Director | 53.85K | Conversion of Exercise of derivative security |
HALL MARY DEAN |
Director | 9.50K | Conversion of Exercise of derivative security |
MARNICK SAMANTHA J |
Director | 13.50K | Conversion of Exercise of derivative security |
RICKERTSEN CARL JOHN |
Director | 50.81K | Conversion of Exercise of derivative security |
SALMON TOM |
Director | 44.79K | Conversion of Exercise of derivative security |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.06
Call-heavy session
Put / call open interest
0.15
Positioning, not flow
Max pain
10.00
-19.0% from spot
ATM implied vol
56.6%
Nearest strike to spot
Skew (10% OTM)
+20.1%
Puts bid over calls
Call volume
50
Contracts, this expiry
Put volume
3
Contracts, this expiry
Heaviest call OI
15.00
190 contracts
Heaviest put OI
10.00
34 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-1.12%
+0.2%
1M
-6.94%
-10.7%
3M
+16.86%
+13.8%
6M
-10.32%
-21.4%
YTD
-18.49%
-30.8%
1Y
-2.53%
-22.5%
3Y
-52.54%
-126.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$439.30M
Enterprise value$2.12B
Revenue (TTM)$3.28B
Gross profit$392.00M
EBITDA$331.00M
Net income$-112.00M
EPS (TTM)$-4.47
Free cash flow$230.00M
Total cash$280.00M
Total debt$1.96B
Book value / share$28.41
Shares outstanding35.60M
Float30.35M
Short % of float6.47%
Dividend yield—
Beta (5Y)—
Short interest
Shares short
2.26M
Prior 2.89M
Change vs prior
-21.7%
Shorts covering
% of float
6.47%
Normal
% of shares out
6.36%
Against total outstanding
Days to cover
5.9
Crowded exit
Float
30.35M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E—
Forward P/E7.58
PEG ratio4.23
Price / sales—
Price / book0.43
EV / revenue0.65
EV / EBITDA6.41
Gross margin11.94%
Operating margin5.25%
Profit margin-3.41%
Return on equity-10.43%
Return on assets2.27%
Debt / equity192.82
Current ratio2.45
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|
| Total revenue | $1.39B | $1.49B | $1.08B | -7.1% |
| Operating revenue | $1.39B | $1.49B | $1.08B | -7.1% |
| Cost of revenue | $1.26B | $1.34B | $939.90M | -6.5% |
| Gross profit | $129.71M | $148.80M | $144.79M | -12.8% |
| Selling, general & admin | $109.74M | $125.00M | $121.25M | -12.2% |
| Total operating expense | $109.74M | $125.00M | $121.25M | -12.2% |
| Operating income | $19.97M | $23.80M | $23.55M | -16.1% |
| Net interest income | -$63.25M | -$32.80M | -$12.28M | -92.9% |
| Pre-tax income | -$71.09M | -$204.39M | $13.68M | +65.2% |
| Tax provision | $7.01M | -$10.28M | $6.96M | +168.2% |
| Net income | -$79.05M | -$194.21M | $6.94M | +59.3% |
| Net income to common | -$79.05M | -$194.21M | $6.94M | +59.3% |
| Basic EPS | -22.75 | -56.29 | 2.08 | +59.6% |
| Diluted EPS | -22.75 | -56.29 | 1.95 | +59.6% |
| EBIT | -$6.35M | -$171.19M | $26.03M | +96.3% |
| EBITDA | $56.89M | -$104.46M | $87.45M | +154.5% |
| Basic shares | 3.47M | 3.45M | 3.43M | +0.5% |
| Diluted shares | 3.47M | 3.45M | 3.46M | +0.5% |
| Line item | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $50.27M | $110.66M | $138.44M | -54.6% |
| Cash & short-term investments | $50.27M | $110.66M | $138.44M | -54.6% |
| Accounts receivable | $170.97M | $195.66M | $170.21M | -12.6% |
| Inventory | $298.25M | $309.44M | $279.52M | -3.6% |
| Total current assets | $605.97M | $679.48M | $636.57M | -10.8% |
| Property, plant & equipment | $687.91M | $701.23M | $786.00M | -1.9% |
| Goodwill & intangibles | $214.02M | $213.87M | $392.47M | +0.1% |
| Total assets | $1.56B | $1.65B | $1.88B | -5.1% |
| Total current liabilities | $280.37M | $360.41M | $371.17M | -22.2% |
| Current debt | $7.16M | $51.86M | $49.28M | -86.2% |
| Long-term debt | $853.16M | $793.25M | $738.08M | +7.6% |
| Total debt | $865.38M | $849.60M | $787.36M | +1.9% |
| Total liabilities | $1.31B | $1.33B | $1.34B | -1.7% |
| Retained earnings | $419.81M | $498.86M | $705.60M | -15.8% |
| Shareholder equity | $256.85M | $318.00M | $542.76M | -19.2% |
| Working capital | $325.60M | $319.08M | $265.40M | +2.0% |
| Net tangible assets | $42.83M | $104.14M | $150.29M | -58.9% |
| Shares issued | 4.18M | 4.18M | 4.18M | 0.0% |
| Line item | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|
| Net income | -$78.10M | -$194.12M | $6.72M | +59.8% |
| Stock-based compensation | $2.80M | $831.00K | $5.06M | +236.6% |
| Change in working capital | -$26.41M | -$83.11M | $15.60M | +68.2% |
| Operating cash flow | -$25.62M | -$40.82M | $70.98M | +37.2% |
| Capital expenditure | -$33.77M | -$37.74M | -$30.04M | +10.5% |
| Investing cash flow | -$37.10M | -$33.10M | -$489.77M | -12.1% |
| Dividends paid | $0 | -$18.77M | -$24.46M | +100.0% |
| Financing cash flow | -$949.00K | $46.92M | $462.35M | -102.0% |
| Free cash flow | -$59.39M | -$78.56M | $40.94M | +24.4% |
| End cash position | $50.27M | $110.66M | $138.44M | -54.6% |
| Line item | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|---|
| Total revenue | — | $839.00M | $824.00M | $702.00M | — |
| Operating revenue | — | $839.00M | $824.00M | $702.00M | — |
| Cost of revenue | — | $749.00M | $736.00M | $631.00M | — |
| Gross profit | — | $90.00M | $88.00M | $71.00M | — |
| Selling, general & admin | — | $50.00M | $47.00M | $44.00M | — |
| Total operating expense | — | $63.00M | $61.00M | $61.00M | — |
| Operating income | — | $27.00M | $27.00M | $10.00M | — |
| Net interest income | — | -$37.00M | -$39.00M | -$26.00M | — |
| Pre-tax income | — | -$24.00M | -$40.00M | -$69.00M | — |
| Tax provision | — | -$6.00M | $1.00M | -$9.00M | — |
| Net income | — | -$18.00M | -$41.00M | -$60.00M | — |
| Net income to common | — | -$18.00M | -$41.00M | -$60.00M | — |
| Basic EPS | -1.12 | -0.51 | -1.15 | -1.69 | -120.3% |
| Diluted EPS | -1.12 | -0.51 | -1.15 | -1.69 | -120.3% |
| EBIT | — | $13.00M | -$1.00M | -$43.00M | — |
| EBITDA | — | $71.00M | $57.00M | $10.00M | — |
| Basic shares | 35.60M | 35.60M | 35.60M | 35.40M | 0.0% |
| Diluted shares | 35.60M | 35.60M | 35.60M | 35.40M | 0.0% |
| Line item | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|
| Cash & equivalents | $276.00M | $282.00M | $215.00M | -2.1% |
| Cash & short-term investments | $276.00M | $282.00M | $215.00M | -2.1% |
| Accounts receivable | $517.00M | $492.00M | $475.00M | +5.1% |
| Inventory | $535.00M | $508.00M | $508.00M | +5.3% |
| Total current assets | $1.48B | $1.43B | $1.34B | +3.9% |
| Property, plant & equipment | $1.54B | $1.59B | $1.61B | -3.3% |
| Goodwill & intangibles | $937.00M | $890.00M | $876.00M | +5.3% |
| Total assets | $4.11B | $4.06B | $3.99B | +1.3% |
| Total current liabilities | $584.00M | $596.00M | $546.00M | -2.0% |
| Current debt | $8.00M | $8.00M | $8.00M | 0.0% |
| Long-term debt | $1.99B | $1.99B | $1.99B | +0.1% |
| Total debt | $2.05B | $2.05B | $2.05B | -0.3% |
| Total liabilities | $2.98B | $2.97B | $2.89B | +0.4% |
| Retained earnings | -$119.00M | -$101.00M | -$60.00M | -17.8% |
| Shareholder equity | $1.13B | $1.09B | $1.11B | +3.5% |
| Working capital | $900.00M | $832.00M | $792.00M | +8.2% |
| Net tangible assets | $194.00M | $203.00M | $230.00M | -4.4% |
| Shares issued | 35.60M | 35.60M | 35.40M | 0.0% |
| Line item | 2025-06-30 | 2025-03-31 | 2024-12-31 | YoY |
|---|---|---|---|---|
| Net income | -$18.00M | -$41.00M | -$60.00M | +56.1% |
| Depreciation & amortisation | $58.00M | $58.00M | $53.00M | 0.0% |
| Stock-based compensation | $5.00M | $4.00M | $6.00M | +25.0% |
| Change in working capital | -$54.00M | $32.00M | -$100.00M | -268.8% |
| Operating cash flow | $0 | $65.00M | -$58.00M | -100.0% |
| Capital expenditure | -$13.00M | -$23.00M | -$16.00M | +43.5% |
| Investing cash flow | -$13.00M | -$1.00M | $21.00M | -1,200.0% |
| Dividends paid | — | $0 | -$1.11B | — |
| Financing cash flow | -$4.00M | -$1.00M | $33.00M | -300.0% |
| Free cash flow | -$13.00M | $42.00M | -$74.00M | -131.0% |
| End cash position | $276.00M | $282.00M | $215.00M | -2.1% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.31 | 0.20 | -37.8% |
| Mar 2026 | -0.11 | 0.11 | +201.3% |
| Dec 2025 | 0.10 | -0.11 | -209.2% |
| Sep 2025 | 0.13 | 0.08 | -37.6% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.39 | 2 | $898.98M | +7.1% |
| Next quarter | — | — | $0 | — |
| Current year | 0.74 | 2 | $3.34B | +4.4% |
| Next year | 1.63 | 2 | $3.43B | +2.5% |
Analyst targets & ownership
Mean target$15.50
High target$16.00
Low target$15.00
Implied upside23.21%
Analyst count2
ConsensusNONE
Strong buy / Buy0 / 0
Hold2
Sell / Strong sell0 / 0
Held by insiders1.15%
Held by institutions101.54%
Institutions holding253
Price targets, consensus spread, insider and institutional ownership.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jul 15, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| May 8, 26 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Mar 20, 26 | Wells Fargo | DOWNGRADE | Overweight | Equal-Weight |
| Feb 6, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jan 6, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Nov 24, 25 | Wells Fargo | UPGRADE | Equal-Weight | Overweight |
| Oct 15, 25 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| Jul 18, 25 | Wells Fargo | MAINTAINED | Equal-Weight | Equal-Weight |
| May 14, 25 | Wells Fargo | DOWNGRADE | Overweight | Equal-Weight |
| Feb 7, 25 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jan 23, 25 | Wells Fargo | INITIATED | — | Overweight |
Moving averages & technicals
SMA 10
12.33
+2.06% from price
SMA 20
12.89
-4.28% from price
SMA 50
12.78
-3.41% from price
SMA 100
11.69
+7.64% from price
SMA 200
12.21
+1.09% from price
EMA 12
12.44
+1.11% from price
EMA 26
12.67
-0.74% from price
EMA 50
12.55
+0.22% from price
RSI (14)
45.5
Neutral
MACD (12,26,9)
-0.23
Hist -0.12
ATR (14)
0.63
5.08% of price
Realised vol 30D
48.3%
Annualised
Bollinger upper
14.25
20, 2σ
Bollinger lower
11.53
20, 2σ
50 / 200 cross
Golden
12.78 vs 12.21
Trend bias
Above 200
+1.09%
Risk profile
Beta vs SPY
1.23
More volatile than market
Correlation to SPY
0.26
Largely independent
Realised vol 30D
48.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-41.7%
Peak to trough
Max drawdown 5Y
-96.7%
Peak to trough
ATR 14
0.63
5.08% of price
Beta (reported)
—
5Y monthly, from filing
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield5.08%
Payout ratio0.00%
Ex-dividend dateJun 30, 2022
Next pay dateAug 1, 2022
Last split1:13
Split dateNov 4, 2024
SEC filings
Periodic Financial Reports
10-Q · 2026-08-06
Annual report of employee stock purchase
11-K · 2026-06-29
Periodic Financial Reports
10-Q · 2026-05-07
Corporate Changes & Voting Matters
8-K · 2026-03-12
Corporate Changes & Voting Matters
8-K · 2026-02-05
Corporate Changes & Voting Matters
8-K · 2026-02-03
Proxy Statements
DEF 14A · 2026-01-14
Corporate Changes & Voting Matters
8-K · 2025-11-28
Headlines
Magnera (MAGN) Q3 2026 Earnings Call Transcript
Motley Fool · 9d ago
Magnera Q3 Earnings Call Highlights
MarketBeat · 14d ago
Magnera Corp. Q3 2026 Earnings Call Summary
Moby · 16d ago
Magnera: Fiscal Q3 Earnings Snapshot
Associated Press · 17d ago
Magnera Reports Third Quarter Results
GlobeNewswire · 17d ago
Magnera to Report Third Quarter Results on August 6th
GlobeNewswire · 32d ago
Magnera Announces Participation at the 2026 Mizuho Industrials & Chemicals Conference
GlobeNewswire · 37d ago
Magnera (MAGN) Shows Strong Execution, Cheap Valuation
Insider Monkey · 43d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.