B. Riley Weighs in on MasTec's Q3 Earnings (NYSE:MTZ)

Key Points

• B. Riley has cut MasTec's Q3 2025 earnings per share estimate from $2.35 to $2.23, while maintaining a full-year earnings estimate of $3.44 per share.
• MasTec reported Q2 earnings of $1.49 per share, surpassing the consensus estimate of $1.41, with revenues totaling $3.55 billion, a 19.7% increase year-over-year.
• Multiple analysts have recently set optimistic price targets for MasTec, with DA Davidson and Robert W. Baird both issuing target prices of $210.00, contributing to a consensus rating of "Buy" for the stock.

MasTec, Inc. (NYSE:MTZ - Free Report) - B. Riley cut their Q3 2025 earnings per share (EPS) estimates for MasTec in a report issued on Monday, August 4th. B. Riley analyst L. Burke now expects that the construction company will post earnings per share of $2.23 for the quarter, down from their prior estimate of $2.35. The consensus estimate for MasTec's current full-year earnings is $3.44 per share. B. Riley also issued estimates for MasTec's Q4 2025 earnings at $1.89 EPS and FY2026 earnings at $6.70 EPS.

MasTec (NYSE:MTZ - Get Free Report) last released its earnings results on Thursday, July 31st. The construction company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.41 by $0.08. The firm had revenue of $3.55 billion during the quarter, compared to analysts' expectations of $3.40 billion. MasTec had a return on equity of 12.71% and a net margin of 2.04%. MasTec's revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 EPS.

A number of other equities research analysts have also recently weighed in on the company. DA Davidson set a $210.00 price target on MasTec and gave the stock a "buy" rating in a report on Monday. Barclays restated an "overweight" rating and set a $200.00 price objective (up previously from $145.00) on shares of MasTec in a report on Monday, July 21st. KeyCorp increased their target price on MasTec from $196.00 to $205.00 and gave the stock an "overweight" rating in a research report on Monday. Robert W. Baird raised MasTec from a "neutral" rating to an "outperform" rating and set a $210.00 target price on the stock in a research report on Monday. Finally, Citigroup cut their price objective on MasTec from $220.00 to $219.00 and set a "buy" rating on the stock in a research report on Monday. One research analyst has rated the stock with a hold rating, fifteen have given a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, MasTec currently has a consensus rating of "Buy" and a consensus price target of $193.24.

MasTec Stock Up 2.9%

MTZ opened at $182.91 on Thursday. The company has a market cap of $14.43 billion, a PE ratio of 54.12 and a beta of 1.83. The business has a 50 day moving average price of $170.52 and a two-hundred day moving average price of $145.62. MasTec has a 52 week low of $96.01 and a 52 week high of $194.00. The company has a quick ratio of 1.19, a current ratio of 1.22 and a debt-to-equity ratio of 0.70.

Insider Buying and Selling at MasTec

In other news, Director C Robert Campbell sold 3,000 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $153.89, for a total transaction of $461,670.00. Following the transaction, the director directly owned 39,782 shares in the company, valued at $6,122,051.98. The trade was a 7.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Robert E. Apple sold 10,000 shares of the business's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $175.00, for a total transaction of $1,750,000.00. Following the transaction, the chief operating officer owned 194,249 shares in the company, valued at approximately $33,993,575. This represents a 4.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 21.30% of the company's stock.

Institutional Investors Weigh In On MasTec

Large investors have recently bought and sold shares of the business. Colonial Trust Co SC boosted its holdings in MasTec by 335.7% in the fourth quarter. Colonial Trust Co SC now owns 183 shares of the construction company's stock worth $25,000 after purchasing an additional 141 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in MasTec by 253.7% in the second quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company's stock worth $33,000 after purchasing an additional 137 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in MasTec in the second quarter worth $35,000. Rothschild Investment LLC boosted its holdings in MasTec by 2,023.1% in the first quarter. Rothschild Investment LLC now owns 276 shares of the construction company's stock worth $32,000 after purchasing an additional 263 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in MasTec by 228.6% in the second quarter. Farther Finance Advisors LLC now owns 276 shares of the construction company's stock worth $47,000 after purchasing an additional 192 shares in the last quarter. 78.10% of the stock is currently owned by institutional investors.

MasTec Company Profile

MasTec, Inc, an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.