Macquarie Infrastructure Company Company Profile (NYSE:MIC)

About Macquarie Infrastructure Company

Macquarie Infrastructure Company logoMacquarie Infrastructure Corporation owns, operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, Atlantic Aviation, a gas processing and distribution business, Hawaii Gas, and entities comprising a Contracted Power and Energy segment. MIC is managed by a wholly-owned subsidiary of the Macquarie Group.

Industry, Sector and Symbol:
  • Sector: Multi-Sector Conglomerates
  • Industry: Air Services, Other
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MIC
  • CUSIP:
Key Metrics:
  • Previous Close: $75.67
  • 50 Day Moving Average: $79.85
  • 200 Day Moving Average: $81.21
  • 52-Week Range: $60.11 - $85.45
  • Trailing P/E Ratio: 52.40
  • Foreward P/E Ratio: 29.67
  • P/E Growth: 4.81
  • Market Cap: $6.19B
  • Outstanding Shares: 81,834,000
  • Beta: 0.94
Profitability:
  • Net Margins: 7.21%
  • Return on Equity: 3.71%
  • Return on Assets: 1.59%
Debt:
  • Debt-to-Equity Ratio: 0.91%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.79%
Additional Links:
Companies Related to Macquarie Infrastructure Company:

Analyst Ratings

Consensus Ratings for Macquarie Infrastructure Company (NYSE:MIC) (?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $91.25 (20.59% upside)

Analysts' Ratings History for Macquarie Infrastructure Company (NYSE:MIC)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Barclays PLCBoost Price TargetOverweight -> Overweight$81.00 -> $89.00View Rating Details
2/23/2017Royal Bank of CanadaLower Price TargetOutperform -> Outperform$98.00 -> $93.00View Rating Details
2/23/2017RBC Capital MarketsLower Price TargetOutperform$98.00 -> $93.00View Rating Details
11/18/2016Wells Fargo & CompanyReiterated RatingOutperformView Rating Details
6/2/2016Oppenheimer Holdings, Inc.Reiterated RatingBuyView Rating Details
3/27/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
6/12/2015MacquarieInitiated CoverageOverweight$101.00 -> $101.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Macquarie Infrastructure Company (NYSE:MIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/21/2017Q416$0.53$0.89$397.69 millionViewN/AView Earnings Details
8/1/2016Q216$0.44$0.24$399.95 million$397.60 millionViewN/AView Earnings Details
5/2/2016Q116$0.47$0.28$434.44 million$396.40 millionViewN/AView Earnings Details
11/2/2015Q315$0.23$0.13$425.92 million$415.71 millionViewN/AView Earnings Details
8/3/2015Q215$0.35($0.80)$437.25 million$423.68 millionViewN/AView Earnings Details
5/4/2015Q115($0.56)($1.22)$442.50 million$398.50 millionViewN/AView Earnings Details
2/18/2015Q414$0.31$0.45$412.04 million$405.10 millionViewN/AView Earnings Details
10/30/2014Q3$0.51$13.87$408.84 million$388.60 millionViewListenView Earnings Details
7/30/2014Q413$0.30$0.17$325.99 million$280.90 millionViewN/AView Earnings Details
4/30/2014Q1$0.36$0.36ViewListenView Earnings Details
2/19/2014Q4$0.33$0.31ViewListenView Earnings Details
10/28/2013Q313$0.44$0.20$271.40 million$263.70 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.48$0.92$269.03 million$252.67 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Macquarie Infrastructure Company (NYSE:MIC)
Current Year EPS Consensus Estimate: $2.28 EPS
Next Year EPS Consensus Estimate: $2.55 EPS

Dividends

Current Dividend Information for Macquarie Infrastructure Company (NYSE:MIC)
Annual Dividend:$5.16
Dividend Yield:6.82%
Dividend Growth:26.10% (3 Year Average)
Payout Ratio:351.02% (Based on Trailing 12 Months of Earnings)
226.32% (Based on Current Year Consensus EPS Estimate)
202.35% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Macquarie Infrastructure Company (NYSE:MIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$1.316.81%3/1/20173/3/20173/8/2017
11/1/2016Quarterly$1.296.17%11/8/201611/10/201611/15/2016
8/2/2016quarterly$1.256.45%8/9/20168/11/20168/16/2016
5/3/2016quarterly$1.207.02%5/10/20165/12/20165/17/2016
2/23/2016quarterly$1.157.57%3/1/20163/3/20163/8/2016
11/4/2015Quarterly$1.1311/10/201511/13/201511/18/2015
11/2/2015quarterly$1.135.64%11/9/201511/12/201511/17/2015
8/3/2015$1.118/11/20158/13/20158/18/2015
5/5/2015quarterly$1.075.01%5/12/20155/14/20155/19/2015
2/19/2015quarterly$1.025.14%2/26/20153/2/20153/5/2015
10/29/2014quarterly$0.985.55%11/6/201411/10/201411/13/2014
7/11/2014quarterly$0.955.51%8/7/20148/11/20148/14/2014
4/30/2014quarterly$0.946.25%5/8/20145/12/20145/15/2014
2/19/2014quarterly$0.916.54%2/27/20143/3/20143/6/2014
5/1/2013quarterly$0.694.72%5/9/20135/13/20135/16/2013
12/12/2012quarterly$0.696.2%12/20/201212/24/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Macquarie Infrastructure Company (NYSE:MIC)
Insider Ownership Percentage: 7.50%
Institutional Ownership Percentage: 83.01%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2017James HookeCEOBuy15,000$74.15$1,112,250.00View SEC Filing  
2/3/2017Liam StewartCFOBuy2,500$74.15$185,375.00View SEC Filing  
2/3/2017Martin StanleyDirectorBuy4,000$74.15$296,600.00View SEC Filing  
2/3/2017Michael KernanGeneral CounselBuy1,000$74.15$74,150.00View SEC Filing  
11/9/2016Infrastructure Manag MacquarieDirectorSell2,870,000$81.48$233,847,600.00View SEC Filing  
8/16/2016Norman H Brown JrDirectorSell4,000$80.17$320,680.00View SEC Filing  
12/2/2015George W. Carmany IIIDirectorSell10,000$76.92$769,200.00View SEC Filing  
3/2/2015James HookeCEOBuy4,000$80.00$320,000.00View SEC Filing  
7/17/2014James HookeCEOBuy2,830$66.50$188,195.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Macquarie Infrastructure Company (NYSE:MIC)
DateHeadline
nasdaq.com logoMIC Dividend Yield Pushes Above 7% - Nasdaq (NYSE:MIC)
www.nasdaq.com - February 24 at 7:47 PM
News IconWhy Analysts put forward these two stocks: HSN, Inc. (HSNI ... - The USA Commerce (NYSE:MIC)
theusacommerce.com - February 24 at 9:27 AM
News IconNorthern Blizzard Resources Inc. Announces Conference Call on Fourth Quarter and Year-End 2016 Results (NYSE:MIC)
www.finanzen.ch - February 23 at 11:36 PM
reuters.com logoBRIEF-Mic reports qtrly earnings per share $0.89 (NYSE:MIC)
www.reuters.com - February 23 at 6:34 PM
News IconHow Macquarie Infrastructure Corporation’s (MIC) 3.6% ROE Fares Against The Industry? (NYSE:MIC)
simplywall.st - February 23 at 6:34 PM
prnewswire.com logoMIC Reports 2016 Financial Results In Line With Guidance, Increases Dividend - PR Newswire (press release) (NYSE:MIC)
www.prnewswire.com - February 22 at 11:43 PM
finance.yahoo.com logoEdited Transcript of MIC earnings conference call or presentation 22-Feb-17 1:00pm GMT (NYSE:MIC)
finance.yahoo.com - February 22 at 11:42 PM
News IconEquity Check-in on Shares of Macquarie Infrastructure Corporation (NYSE:MIC) - The Standard (NYSE:MIC)
6milestandard.com - February 22 at 6:41 PM
seekingalpha.com logoMacquarie Infrastructure's (MIC) CEO James Hooke on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:MIC)
seekingalpha.com - February 22 at 6:41 PM
News IconMacquarie Infrastructure Company LLC (NYSE:MIC) To Report $0.59 According to Consensus - Winfield Review (NYSE:MIC)
winfieldreview.com - February 21 at 6:23 PM
biz.yahoo.com logoQ4 2016 Macquarie Infrastructure Corp Earnings Release - After Market Close (NYSE:MIC)
biz.yahoo.com - February 21 at 6:23 PM
finance.yahoo.com logoMIC Reports 2016 Financial Results In Line With Guidance, Increases Dividend (NYSE:MIC)
finance.yahoo.com - February 21 at 6:23 PM
biz.yahoo.com logoMACQUARIE INFRASTRUCTURE CORP Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:MIC)
biz.yahoo.com - February 21 at 6:23 PM
biz.yahoo.com logoMACQUARIE INFRASTRUCTURE CORP Files SEC form 10-K, Annual Report (NYSE:MIC)
biz.yahoo.com - February 21 at 6:23 PM
finance.yahoo.com logoMacquarie posts 4Q profit (NYSE:MIC)
finance.yahoo.com - February 21 at 6:23 PM
News IconImpact of Brokerage Rating on Macquarie Infrastructure Company ... - Morning Outlook (NYSE:MIC)
www.morningoutlook.com - February 17 at 3:04 PM
News IconGlobal firm MIC Global Services to put division headquarters in Plano (NYSE:MIC)
www.dallasnews.com - February 16 at 6:07 PM
finance.yahoo.com logoMillicom Publishes Integrated 2016 Annual and Corporate Responsibility Report. The Company Also Publishes Law Enforcement Disclosure Report. (NYSE:MIC)
finance.yahoo.com - February 14 at 5:44 AM
News IconTechnical Levels in Review for Macquarie Infrastructure Company LLC (MIC) - Davidson Register (NYSE:MIC)
davidsonregister.com - February 8 at 5:52 AM
finance.yahoo.com logoMillicom Q4 & FY 2016 Results, 8 February 2017 (NYSE:MIC)
finance.yahoo.com - February 8 at 5:52 AM
finance.yahoo.com logoMillicom to Sell its Senegal Business to Wari (NYSE:MIC)
finance.yahoo.com - February 7 at 7:50 PM
finance.yahoo.com logoMacquarie Infrastructure CEO Invests in Company (NYSE:MIC)
finance.yahoo.com - February 7 at 7:50 PM
finance.yahoo.com logoWeekly CEO Buys Highlights (NYSE:MIC)
finance.yahoo.com - February 6 at 6:39 PM
nasdaq.com logoBargain Hunters Take Note: Insider Cluster-Buying At MIC (NYSE:MIC)
www.nasdaq.com - February 4 at 12:17 AM
reuters.com logoBRIEF-Macquarie Infrastructure issues initial guidance for financial performance over 2017/2018 (NYSE:MIC)
www.reuters.com - February 3 at 7:15 PM
forbes.com logoTop Buys by Top Brass: Chief Executive Officer Hooke's $1.1M Bet on MIC (NYSE:MIC)
www.forbes.com - February 3 at 7:15 PM
finance.yahoo.com logoMIC Issues Initial Guidance for Financial Performance over 2017/2018 (NYSE:MIC)
finance.yahoo.com - February 3 at 7:15 PM
finance.yahoo.com logo11:10 am MacQuarie Infrastructure expects that Free Cash Flow per share will increase by an average of between 10% and 15%, per year for 2017 and 2018, consistent with the previous outlook (NYSE:MIC)
finance.yahoo.com - February 3 at 7:15 PM
finance.yahoo.com logoHedgeye Short Seller Knocks $660 Million Off Macquarie Infrastructure (NYSE:MIC)
finance.yahoo.com - February 2 at 7:22 PM
News IconTiaa Cref Trust Company Fsb Holding in Macquarie Infrastructure Co Ll (MIC) Has Increased as Market Value Rose (NYSE:MIC)
randolphguide.com - February 1 at 12:28 AM
finance.yahoo.com logoMillicom Announces $600 Million Revolving Credit Facility (NYSE:MIC)
finance.yahoo.com - January 30 at 9:43 AM
News IconTrading Corner: Focusing in on Shares of Macquarie Infrastructure Corporation (NYSE:MIC) - The Tribune (NYSE:MIC)
lakecitytribune.com - January 26 at 9:30 PM
News IconAnalyst Stock Trading Research on Macquarie Infrastructure ... - Highland Mirror (NYSE:MIC)
www.highlandmirror.com - January 26 at 9:30 PM
finance.yahoo.com logoNotice of Fourth Quarter 2016 Results and Analyst & Investor Meeting (NYSE:MIC)
finance.yahoo.com - January 24 at 4:53 AM
News IconEarnings in Full Force, Analysts Take Aim at Macquarie Infrastructure Company LLC (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 23 at 11:51 PM
News IconFirms & Funds Reinforcing Their Perception of Macquarie Infrastructure Corporation (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 18 at 7:03 PM
News IconShows Sign of Reversal, Multiple Top Pattern Forms for Macquarie Infrastructure Corporation (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 17 at 11:47 AM
News IconEPS Of Macquarie Infrastructure Company LLC (NYSE:MIC) At $0.59 - Stock Observer (NYSE:MIC)
www.thestockobserver.com - January 17 at 11:47 AM
News IconWill The Needle Move For Macquarie Infrastructure Company LLC (NYSE:MIC) Shares This Earnings Season? - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 17 at 11:47 AM
us.rd.yahoo.com logoMIC to Conduct Conference Call and Webcast Covering Full Year 2016 Financial Results Wednesday, February 22, 2017 (NYSE:MIC)
us.rd.yahoo.com - January 14 at 5:53 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Macquarie Infrastructure Company LLC (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 14 at 12:51 AM
businesswire.com logoMacquarie Infrastructure Corporation Discloses No Performance ... - Business Wire (press release) (NYSE:MIC)
www.businesswire.com - January 14 at 12:51 AM
finance.yahoo.com logoMacquarie Infrastructure Corporation Discloses No Performance Fee Payable for Fourth Quarter 2016 (NYSE:MIC)
finance.yahoo.com - January 13 at 7:50 PM
News IconMacquarie Infrastructure Company LLC (NYSE:MIC) ABR At 1.2 ... - Stock Observer (NYSE:MIC)
www.thestockobserver.com - January 8 at 6:16 PM
News IconRoundup: Scatec Solar sells off 104MW project, Alterra commissions solar plant in Indiana (NYSE:MIC)
www.pv-tech.org - January 5 at 12:24 AM
News IconCompany in Focus: Macquarie Infrastructure Corporation (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - January 4 at 7:22 PM
News IconMacquarie Infrastructure Company LLC (NYSE:MIC) ABR At 1.2 - Stock Observer (NYSE:MIC)
www.thestockobserver.com - January 3 at 10:27 PM
News IconMarket Focus: Zooming in on Shares of Macquarie Infrastructure Corporation (NYSE:MIC) - Wall Street Beacon (NYSE:MIC)
wsbeacon.com - December 31 at 11:22 PM
investornewswire.com logoMacquarie Infrastructure Company LLC (NYSE:MIC) Strong Buy Recommendations At 4 - Investor Newswire (NYSE:MIC)
www.investornewswire.com - December 30 at 11:59 PM
4-traders.com logoScatec Solar : closes sale of the 104 MW Utah Red Hills solar plant (NYSE:MIC)
www.4-traders.com - December 30 at 6:55 PM

Social

What is Macquarie Infrastructure Company's stock symbol?

Macquarie Infrastructure Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MIC."

How often does Macquarie Infrastructure Company pay dividends? What is the dividend yield for Macquarie Infrastructure Company?

Macquarie Infrastructure Company declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Friday, March 3rd will be paid a dividend of $1.31 per share on Wednesday, March 8th. This represents a $5.24 annualized dividend and a dividend yield of 6.92%. The ex-dividend date of this dividend is Wednesday, March 1st. This is a positive change from Macquarie Infrastructure Company's previous quarterly dividend of $1.29.

Where is Macquarie Infrastructure Company's stock going? Where will Macquarie Infrastructure Company's stock price be in 2017?

6 equities research analysts have issued 1 year price objectives for Macquarie Infrastructure Company's shares. Their predictions range from $89.00 to $93.00. On average, they expect Macquarie Infrastructure Company's share price to reach $91.25 in the next twelve months.

When will Macquarie Infrastructure Company announce their earnings?

Macquarie Infrastructure Company is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include MSD Partners L.P. (2.82%), Brenner West Capital Advisors LP (2.30%), State Street Corp (1.81%), Eventide Asset Management LLC (0.88%), Newbrook Capital Advisors LP (0.87%) and Renaissance Technologies LLC (0.76%). Company insiders that own Macquarie Infrastructure Company stock include George W Carmany III, Infrastructure Manag Macquarie, James Hooke, Liam Stewart, Martin Stanley, Michael Kernan and Norman H Brown Jr.

Who sold Macquarie Infrastructure Company stock? Who is selling Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock was sold by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, Brenner West Capital Advisors LP, Tudor Investment Corp Et Al, Tiger Legatus Capital Management LLC, Yost Capital Management L.L.C., Selkirk Management LLC, RidgeWorth Capital Management LLC and Partners Group Holding AG. Company insiders that have sold Macquarie Infrastructure Company stock in the last year include Infrastructure Manag Macquarie and Norman H Brown Jr.

Who bought Macquarie Infrastructure Company stock? Who is buying Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Martingale Asset Management L P, Renaissance Technologies LLC, Sound Point Capital Management LP, Asset Management One Co. Ltd., L & S Advisors Inc, Thompson Siegel & Walmsley LLC and Credit Agricole S A. Company insiders that have bought Macquarie Infrastructure Company stock in the last two years include James Hooke, Liam Stewart, Martin Stanley and Michael Kernan.

How do I buy Macquarie Infrastructure Company stock?

Shares of Macquarie Infrastructure Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Macquarie Infrastructure Company stock cost?

One share of Macquarie Infrastructure Company stock can currently be purchased for approximately $75.67.

Macquarie Infrastructure Company (NYSE:MIC) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Macquarie Infrastructure Company (NYSE:MIC)

Earnings History Chart

Earnings by Quarter for Macquarie Infrastructure Company (NYSE:MIC)

Dividend History Chart

Dividend Payments by Quarter for Macquarie Infrastructure Company (NYSE:MIC)

Last Updated on 2/24/2017 by MarketBeat.com Staff