Martinrea International Inc. has seen slight fluctuations in its stock performance this week, amid some notable company developments.
This week, Martinrea International Inc. (MRE.TO) has experienced a marginal decline of 0.10%, closing at C$10.15 on Wednesday. Despite this minor drop, the stock has shown a modest gain of 0.89% over the last month. With no major news impacting the stock this week, we take a closer look at the technical picture and recent developments that may influence investor sentiment.
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Martinrea International Inc.
MRE.TO
MRE.TO
Martinrea International Inc.
WealthAwesomeMarket cap
$717.24M
P/E
6.0x
Div. yield
1.96%
Div. / share
$0.20
52W high
$11.60
52W low
$8.59
1W change
-0.10%
Beta
1.88
Analyst Price Targets
Based on analyst covering MRE · as of Sep 17, 2026
Wall Street analysts forecast MRE stock price to rise 32.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$13.54
+32.1% Upside
Current Price
C$10.25
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MRE's historical volatility
30-Day Vol
38.6%
Annualized
90-Day Vol
35.2%
Annualized
Trend (90d)
+10.0%
Annualized drift
90d Mean
C$10.62
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$10.37 | C$9.08 – C$11.85 |
| 60 trading days | C$10.50 | C$8.70 – C$12.67 |
| 90 trading days | C$10.62 | C$8.43 – C$13.37 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should consider Martinrea's stable fundamentals and recent company actions, like its normal course issuer bid, while also being mindful of the stock's performance relative to its moving averages.
C$10.15 closing price with a 1D increase of 0.29%.
The stock remains within 52% of its 52-week range of C$8.59 to C$11.60, indicating potential for growth but also risk in price fluctuations.
Bull case
The stock has a low P/E ratio of 5.99, which suggests it might be undervalued. The approval of the normal course issuer bid could also support share prices by reducing the number of shares available in the market.
Bear case
Even with its low P/E ratio, Martinrea's profit margin of 2.6% and a beta of 1.88 indicate higher volatility and risk, which may deter more conservative investors.
Recent Performance Overview
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Martinrea International Inc. (MRE.TO) closed at C$10.15 on Wednesday, reflecting a slight increase of 0.29% for the day. Over the past week, the stock has decreased by 0.10%, while it has gained 0.89% over the past month. Year-to-date, the stock is down 2.01%. The latest trading volume was 11,373 shares, which is significantly lower than the 20-day average volume of 73,494 shares, indicating reduced trading activity.
Technical Picture
From a technical standpoint, Martinrea's stock is currently trading below both its 50-day moving average (C$10.38) and 200-day moving average (C$10.22), at -2.2% and -0.7% respectively. The stock has been fluctuating within a 52-week range of C$8.59 to C$11.60, indicating it is currently at about 52% of its range. With a beta of 1.88, the stock exhibits higher volatility compared to the market, which may influence investor decisions.
Company Developments
Although there were no significant company news headlines this week, recent developments have included the approval of a normal course issuer bid allowing Martinrea to repurchase up to 6,874,272 common shares. This could potentially enhance shareholder value by reducing the number of shares outstanding. Additionally, the company declared a quarterly cash dividend of $0.05 per share in its Q2 financial results released in August.
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