Magnite Stock Today
| MGNI Stock | USD 17.36 0.33 1.87% |
PerformanceInsignificant
| Odds Of DistressAbove Average
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Magnite is trading at 17.36 as of the 25th of February 2025. This is a 1.87 percent decrease since the beginning of the trading day. The stock's open price was 17.69. Magnite has over 56 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 2nd of April 2014 | Category Communication Services |
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York. Magnite operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. The company has 140.69 M outstanding shares of which 9.28 M shares are now shorted by private and institutional investors with about 5.55 trading days to cover. More on Magnite
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Magnite Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Michael Barrett | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Advertising, Media & Entertainment, Communication Services, NASDAQ Composite, Business Services, Communication Services, Media, Advertising Agencies, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMagnite can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magnite's financial leverage. It provides some insight into what part of Magnite's total assets is financed by creditors.
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Magnite (MGNI) is traded on NASDAQ Exchange in USA. It is located in 1250 Broadway, New York, NY, United States, 10001 and employs 911 people. Magnite is listed under Advertising category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.49 B. Magnite conducts business under Media sector and is part of Communication Services industry. The entity has 140.69 M outstanding shares of which 9.28 M shares are now shorted by private and institutional investors with about 5.55 trading days to cover.
Magnite currently holds about 233.13 M in cash with 214.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.75.
Check Magnite Probability Of Bankruptcy
Ownership AllocationMagnite maintains a total of 140.69 Million outstanding shares. The majority of Magnite outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Magnite to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Magnite. Please pay attention to any change in the institutional holdings of Magnite as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Magnite Ownership Details
Magnite Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2024-12-31 | 3 M | |
| State Street Corp | 2024-12-31 | 2.9 M | |
| Jpmorgan Chase & Co | 2024-09-30 | 2.9 M | |
| Bank Of New York Mellon Corp | 2024-12-31 | 2.5 M | |
| Nomura Asset Management Co Ltd | 2024-12-31 | 1.9 M | |
| Ubs Group Ag | 2024-12-31 | 1.7 M | |
| Northern Trust Corp | 2024-12-31 | 1.7 M | |
| Fmr Inc | 2024-12-31 | 1.6 M | |
| Royce & Associates, Lp | 2024-12-31 | 1.6 M | |
| Vanguard Group Inc | 2024-12-31 | 13.6 M | |
| Blackrock Inc | 2024-12-31 | 10.2 M |
Magnite Historical Income Statement
Magnite Stock Against Markets
Magnite Corporate Management
| Lisa Troe | Independent Director | Profile | |
| Sarah Harden | Independent Director | Profile | |
| Nick Kormeluk | VP Estate | Profile | |
| Doug Knopper | Independent Director | Profile | |
| Robert Frankenberg | Lead Independent Director | Profile | |
| Joseph Prusz | Chief Revenue Officer - DV+ | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share 0.13 | Revenue Per Share | Quarterly Revenue Growth 0.079 | Return On Assets |
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.