Magnora ASA

OB:MGN Stock Report

Market Cap: NOK 1.9b

Magnora Dividends and Buybacks

Dividend criteria checks 0/6

Magnora is a dividend paying company with a current yield of 2.53%.

Key information

2.5%

Dividend yield

0.09%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio-197%

Recent dividend and buyback updates

Recent updates

Narrative Update Apr 26

MGN: New Data Center Project Will Drive Future Upside Potential

Analysts have kept their Magnora fair value estimate broadly unchanged at NOK 31.04, with only small adjustments to the discount rate and assumed future P/E. This suggests a steady view of the company’s risk profile and earnings potential.
Narrative Update Apr 11

MGN: New 100 MW Data Center Project Will Support Future Upside

Analysts have kept their Magnora fair value estimate steady at NOK31.04, with only marginal tweaks to underlying assumptions such as the discount rate, revenue growth, profit margin and future P/E. This reflects a broadly unchanged view on the stock’s risk and earnings profile.
Narrative Update Mar 28

MGN: Nordic Data Center Expansion Will Support Future Upside Potential

Analysts have revised their outlook on Magnora, adjusting the NOK price target in line with updated assumptions that include a slightly lower discount rate, a neutral revenue growth view, a reduced profit margin expectation and a higher future P/E multiple. What's in the News Magnora ASA has secured land in northwestern Norway for a new 100 MW data center project, located next to a key substation where three 420 kV power lines meet, and supported by local authorities focused on attracting new business (Key Developments).
Narrative Update Mar 12

MGN: Nordic High Capacity Data Center Projects Will Support Future Upside

Analysts have adjusted their Magnora price target from NOK 32.64 to NOK 31.04, reflecting updated views on future growth, profitability, and a slightly lower discount rate applied to the company’s cash flows. What's in the News Magnora ASA has secured land for a new 100 MW data center development in northwestern Norway, located next to a substation where three 420 kV power lines meet, targeting customers with high redundancy and capacity needs (Key Developments).
Narrative Update Feb 25

MGN: High Density Nordic Data Center Pipeline Will Drive Future Upside

Analysts have trimmed their 12 month price target on Magnora by NOK 2.76 to NOK 32.64 as they refresh assumptions on fair value, discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Magnora ASA has secured land in northwestern Norway for a new 100 MW data center project located near three 420 kV power lines and an adjacent substation, with local authorities described as supportive of new business and rezoning efforts (Client Announcements).
Analysis Article May 02

We Don’t Think Magnora's (OB:MGN) Earnings Should Make Shareholders Too Comfortable

Shareholders were pleased with the recent earnings report from Magnora ASA ( OB:MGN ). Despite this, we feel that there...
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New Narrative Feb 22

Expansion Into South Africa, Germany, And Italy Aims To Increase Capacity But May Face Regulatory Challenges

Strategic expansion in project portfolio and strong market entry into Germany, Italy, and South Africa could drive future revenue growth and improve net margins.
Analysis Article Oct 24

We Think That There Are Some Issues For Magnora (OB:MGN) Beyond Its Promising Earnings

Magnora ASA's ( OB:MGN ) healthy profit numbers didn't contain any surprises for investors. However the statutory...
Analysis Article Apr 24

Concerns Surrounding Magnora's (OB:MGN) Performance

The stock price didn't jump after Magnora ASA ( OB:MGN ) posted decent earnings last week. We did some digging and...
Analysis Article Sep 03

A Look At The Intrinsic Value Of Magnora ASA (OB:MGN)

Key Insights The projected fair value for Magnora is kr34.38 based on 2 Stage Free Cash Flow to Equity Magnora's...
Analysis Article Aug 13

Bullish: Analysts Just Made A Massive Upgrade To Their Magnora ASA (OB:MGN) Forecasts

Magnora ASA ( OB:MGN ) shareholders will have a reason to smile today, with the analysts making substantial upgrades to...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MGN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MGN has only been paying a dividend for 7 years, and since then payments have fallen.


Dividend Yield vs Market

Magnora Dividend Yield vs Market
How does MGN dividend yield compare to the market?
SegmentDividend Yield
Company (MGN)2.5%
Market Bottom 25% (NO)3.0%
Market Top 25% (NO)7.2%
Industry Average (Renewable Energy)2.2%
Analyst forecast (MGN) (up to 3 years)0%

Notable Dividend: MGN's dividend (2.53%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.05%).

High Dividend: MGN's dividend (2.53%) is low compared to the top 25% of dividend payers in the Norwegian market (7.18%).


Earnings Payout to Shareholders

Earnings Coverage: MGN is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: MGN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 18:47
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Magnora ASA is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chr. Frederik LundeCarnegie Investment Bank AB
Jørgen LandeDanske Bank
Eirik MathisenDNB Carnegie