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MagniteNASDAQ: MGNI

Profile

Country:

United States

IPO:

02 April 2014

Next earnings report:

08 November 2024

Last dividends:

N/A

Next dividends:

N/A
$1.76 B
-51%vs. 3y high
61%vs. sector
-vs. 3y high
-vs. sector
-40%vs. 3y high
68%vs. sector
-71%vs. 3y high
77%vs. sector

Price

regular market | 3 min ago
$12.50-$0.49(-3.77%)

Dividend

No data over the past 3 years
$162.88 M$148.08 M
$162.88 M-$1.08 M

Analysts recommendations

Institutional Ownership

MGNI Latest News

Magnite to Participate in Upcoming Financial Conferences
globenewswire.com28 October 2024 Sentiment: POSITIVE

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the following financial conferences:

Disney and Magnite Announce Two-Year Deal Renewal
globenewswire.com23 October 2024 Sentiment: POSITIVE

Expands scope to include LATAM inventory, podcasts, and live sports in streaming Expands scope to include LATAM inventory, podcasts, and live sports in streaming

Magnite: Draws In The Big Players, 9x FCF
seekingalpha.com07 October 2024 Sentiment: POSITIVE

I believe that paying 9x forward free cash flow for Magnite is reasonable given its solid CTV growth prospects. The balance sheet is not ideal, but $230 million of net debt is manageable relative to the company's free cash flow generation. The partnerships with Netflix, Roku, and other major players highlight its relevance and positioning in the highly competitive programmatic CTV market.

Magnite to Announce Third Quarter 2024 Financial Results on November 7, 2024
globenewswire.com07 October 2024 Sentiment: POSITIVE

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30, 2024 after the market close on Thursday, November 7, 2024. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.

Why Magnite Stock Was Sinking at Double-Digit Rates This Week
fool.com03 October 2024 Sentiment: NEGATIVE

It's amazing how a handful of words can deeply affect a stock's performance.

Why Magnite Stock Was Falling Today
fool.com01 October 2024 Sentiment: NEGATIVE

Disney appears to be downgrading its relationship with Magnite.

Magnite Successfully Completes Term Loan Repricing
globenewswire.com18 September 2024 Sentiment: POSITIVE

Reduces Interest Rate by 75 Basis Points, Over $2.7 Million in Yearly Interest Payment Savings Reduces Interest Rate by 75 Basis Points, Over $2.7 Million in Yearly Interest Payment Savings

TF1 PUB Strengthens Its Programmatic Advertising Offering by Partnering With Magnite
globenewswire.com10 September 2024 Sentiment: POSITIVE

Broadcaster to leverage Magnite Streaming and SpringServe to test new opportunities for monetising its inventory Broadcaster to leverage Magnite Streaming and SpringServe to test new opportunities for monetising its inventory

Magnite to Participate in Upcoming Financial Conferences
globenewswire.com28 August 2024 Sentiment: POSITIVE

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person investor meetings at the following financial conferences:

TargetSmart Announces Exclusive Partnership with Magnite to Enable Turn Key Data-Driven Political Advertising Across CTV Inventory
prnewswire.com15 August 2024 Sentiment: POSITIVE

Democratic campaigns, agencies, and causes can utilize TargetSmart data at scale across premium content WASHINGTON , Aug. 15, 2024 /PRNewswire/ -- TargetSmart, the leading provider of political data for Democratic campaigns and advocacy organizations, announced an exclusive partnership with Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company. This collaboration, supported by Magnite's integration with Snowflake AI Data Cloud for Media , enables Democratic campaigns, agencies, and causes to immediately activate campaigns using TargetSmart data across Magnite's expansive CTV footprint on any demand side platform.

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What type of business is Magnite?

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.

What sector is Magnite in?

Magnite is in the Communication Services sector

What industry is Magnite in?

Magnite is in the Advertising Agencies industry

What country is Magnite from?

Magnite is headquartered in United States

When did Magnite go public?

Magnite initial public offering (IPO) was on 02 April 2014

What is Magnite website?

https://www.magnite.com

Is Magnite in the S&P 500?

No, Magnite is not included in the S&P 500 index

Is Magnite in the NASDAQ 100?

No, Magnite is not included in the NASDAQ 100 index

Is Magnite in the Dow Jones?

No, Magnite is not included in the Dow Jones index

When was Magnite the previous earnings report?

No data

When does Magnite earnings report?

The next expected earnings date for Magnite is 08 November 2024