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Macquarie Infrastructure Stock Price, Forecast & Analysis (NYSE:MIC)

$41.67
+0.11 (+0.26 %)
(As of 11/18/2019 04:50 AM ET)
Today's Range
$41.64
Now: $41.67
$42.05
50-Day Range
$38.52
MA: $40.01
$43.49
52-Week Range
$33.71
Now: $41.67
$43.83
Volume405,202 shs
Average Volume759,181 shs
Market Capitalization$3.60 billion
P/E Ratio19.66
Dividend Yield9.62%
Beta1.4
Macquarie Infrastructure Corporation owns and operates a portfolio of businesses that provide services to other businesses, government agencies, and individuals. It operates through: International-Matex Tank Terminals (IMTT), Atlantic Aviation, and MIC Hawaii segments. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, specialty chemicals, renewable fuels, and vegetable and tropical oils through a network of 19 terminals, including 17 in the United States and 2 in Canada. Read More…

Industry, Sector and Symbol

Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
CUSIPN/A
Phone212-231-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.76 billion
Cash Flow$5.85 per share
Book Value$33.34 per share

Profitability

Net Income$136.52 million

Miscellaneous

Employees3,313
Market Cap$3.60 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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Macquarie Infrastructure (NYSE:MIC) Frequently Asked Questions

What is Macquarie Infrastructure's stock symbol?

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

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

Macquarie Infrastructure announced a quarterly dividend on Thursday, October 31st. Investors of record on Monday, November 11th will be given a dividend of $1.00 per share on Thursday, November 14th. This represents a $4.00 annualized dividend and a yield of 9.60%. The ex-dividend date is Thursday, November 7th. View Macquarie Infrastructure's Dividend History.

How were Macquarie Infrastructure's earnings last quarter?

Macquarie Infrastructure Corp (NYSE:MIC) issued its quarterly earnings data on Thursday, October, 31st. The conglomerate reported $0.71 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.35. The conglomerate had revenue of $405 million for the quarter, compared to analysts' expectations of $417.40 million. Macquarie Infrastructure had a return on equity of 12.64% and a net margin of 8.14%. View Macquarie Infrastructure's Earnings History.

When is Macquarie Infrastructure's next earnings date?

Macquarie Infrastructure is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Macquarie Infrastructure.

What price target have analysts set for MIC?

5 brokerages have issued 1-year target prices for Macquarie Infrastructure's shares. Their forecasts range from $39.00 to $58.00. On average, they expect Macquarie Infrastructure's share price to reach $52.00 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

What is the consensus analysts' recommendation for Macquarie Infrastructure?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macquarie Infrastructure.

Has Macquarie Infrastructure been receiving favorable news coverage?

News articles about MIC stock have been trending very negative on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Macquarie Infrastructure earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the conglomerate a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View News Stories for Macquarie Infrastructure.

Who are some of Macquarie Infrastructure's key competitors?

Some companies that are related to Macquarie Infrastructure include Mitsui & Co Ltd (MITSY), Sunoco (SUN), World Fuel Services (INT), NGL Energy Partners (NGL) and Crossamerica Partners (CAPL).

What other stocks do shareholders of Macquarie Infrastructure own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Macquarie Infrastructure investors own include AT&T (T), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), CVS Health (CVS), Blackstone Group (BX), Kinder Morgan (KMI), Verizon Communications (VZ) and Ares Capital (ARCC).

Who are Macquarie Infrastructure's key executives?

Macquarie Infrastructure's management team includes the folowing people:
  • Mr. Christopher Timothy Frost, CEO & Director (Age 50)
  • Mr. Liam Stewart, Chief Financial Officer (Age 41)
  • Mr. Robert Choi CPA, Principal Accounting Officer
  • Mr. Jay Davis, VP & Head of Investor Relations (Age 60)
  • Mr. Michael Kernan, Gen. Counsel & Sec. (Age 60)

Who are Macquarie Infrastructure's major shareholders?

Macquarie Infrastructure's stock is owned by a number of of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (1.39%), Gabelli Funds LLC (1.26%), GW&K Investment Management LLC (0.56%), Stephens Inc. AR (0.36%), Fishman Jay A Ltd. MI (0.29%) and California Public Employees Retirement System (0.18%). Company insiders that own Macquarie Infrastructure stock include Christopher Frost, George W Carmany III, Group Ltd Macquarie, Henry E Lentz, Infrastructure Manag Macquarie, Jay Davis, Liam Stewart, Martin Stanley, Norman H Brown Jr and Ouma Sananikone. View Institutional Ownership Trends for Macquarie Infrastructure.

Which institutional investors are selling Macquarie Infrastructure stock?

MIC stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, American Assets Capital Advisers LLC, Oppenheimer Asset Management Inc., Creative Planning, Fishman Jay A Ltd. MI, Commonwealth Equity Services LLC, Oppenheimer & Co. Inc. and Eos Focused Equity Management L.P.. View Insider Buying and Selling for Macquarie Infrastructure.

Which institutional investors are buying Macquarie Infrastructure stock?

MIC stock was purchased by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Great West Life Assurance Co. Can, Stephens Inc. AR, Kayne Anderson Capital Advisors LP, Cullen Frost Bankers Inc., Chicago Equity Partners LLC, Cerebellum GP LLC and SG Americas Securities LLC. Company insiders that have bought Macquarie Infrastructure stock in the last two years include Christopher Frost, George W Carmany III, Group Ltd Macquarie, Henry E Lentz, Infrastructure Manag Macquarie, Jay Davis, Liam Stewart, Martin Stanley and Ouma Sananikone. View Insider Buying and Selling for Macquarie Infrastructure.

How do I buy shares of Macquarie Infrastructure?

Shares of MIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Macquarie Infrastructure's stock price today?

One share of MIC stock can currently be purchased for approximately $41.67.

How big of a company is Macquarie Infrastructure?

Macquarie Infrastructure has a market capitalization of $3.60 billion and generates $1.76 billion in revenue each year. The conglomerate earns $136.52 million in net income (profit) each year or $2.12 on an earnings per share basis. Macquarie Infrastructure employs 3,313 workers across the globe.View Additional Information About Macquarie Infrastructure.

What is Macquarie Infrastructure's official website?

The official website for Macquarie Infrastructure is http://www.macquarie.com/.

How can I contact Macquarie Infrastructure?

Macquarie Infrastructure's mailing address is 125 WEST 55TH STREET, NEW YORK NY, 10019. The conglomerate can be reached via phone at 212-231-1000 or via email at [email protected]


MarketBeat Community Rating for Macquarie Infrastructure (NYSE MIC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  383 (Vote Outperform)
Underperform Votes:  372 (Vote Underperform)
Total Votes:  755
MarketBeat's community ratings are surveys of what our community members think about Macquarie Infrastructure and other stocks. Vote "Outperform" if you believe MIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2019 by MarketBeat.com Staff

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