Magnite (MGNI) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55955D1000

Ad, Inventory, Monetization, Platform, Marketplace, Advertising

Magnite Inc. is a pioneering company that operates a cutting-edge, independent omni-channel sell-side advertising platform, connecting buyers and sellers of digital advertising inventory globally.

Through its innovative platform, Magnite provides a suite of applications and services tailored to meet the needs of publishers, who own and operate CTV channels, mobile apps, websites, and other digital media properties. These solutions empower publishers to effectively manage and monetize their digital advertising inventory, maximizing their revenue potential.

On the other side of the platform, Magnite offers a range of applications and services for buyers, including advertisers, agencies, agency trading desks, and demand-side platforms. These tools enable buyers to efficiently purchase digital advertising inventory, targeting their desired audiences and achieving their marketing goals.

The company's independent marketplace serves as a neutral, unbiased hub, facilitating seamless connections between buyers and sellers. This allows for a more efficient, transparent, and competitive digital advertising ecosystem.

Magnite's sales teams, strategically located across various regions, work closely with clients to understand their unique needs and provide tailored solutions to drive their business forward.

Formerly known as The Rubicon Project, Inc., the company rebranded as Magnite Inc. in July 2020, marking a new chapter in its journey. Founded in 2007, Magnite is headquartered in New York, New York, and continues to push the boundaries of digital advertising innovation.

Learn more about Magnite's cutting-edge solutions and innovative approach to digital advertising at https://www.magnite.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Magnite (MGNI) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Magnite (MGNI) - Stock Price & Dividends

MGNI Stock Overview

Market Cap in USD 1,319m
Sector Communication Services
Industry Advertising Agencies
GiC SubIndustry Broadline Retail
TER 0.00%
IPO / Inception 2014-04-02

MGNI Stock Ratings

Growth 5y 1.78
Fundamental -4.47
Dividend -
Rel. Performance vs Sector -1.72
Analysts 4.50/5
Fair Price Momentum 10.11 USD
Fair Price DCF 32.42 USD

MGNI Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

MGNI Growth Ratios

Growth 12m -9.83%
Growth Correlation 12m -2%
Growth Correlation 3m -43%
CAGR 5y 14.09%
CAGR/Mean DD 5y 0.25
Sharpe Ratio 12m -0.22
Alpha vs SP500 12m -65.10
Beta vs SP500 5y weekly 2.16
ValueRay RSI 90.22
Volatility GJR Garch 1y 88.59%
Price / SMA 50 14.29%
Price / SMA 200 25.89%
Current Volume 1848.7k
Average Volume 20d 2439.4k

External Links for MGNI Stock

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What is the price of MGNI stocks?
As of May 21, 2024, the stock is trading at USD 11.28 with a total of 1,848,666 shares traded.
Over the past week, the price has changed by +23.41%, over one month by +33.33%, over three months by +14.52% and over the past year by -1.05%.
What are the forecast for MGNI stock price target?
According to ValueRays Forecast Model, MGNI Magnite will be worth about 11.3 in May 2025. The stock is currently trading at 11.28. This means that the stock has a potential upside of +0.18%.
Issuer Forecast Upside
Wallstreet Target Price 15.2 34.8
Analysts Target Price 14.2 25.4
ValueRay Target Price 11.3 0.18