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

$39.25
+0.05 (+0.13 %)
(As of 09/20/2019 10:05 AM ET)
Today's Range
$39.25
Now: $39.25
$39.48
50-Day Range
$36.89
MA: $38.44
$41.84
52-Week Range
$33.71
Now: $39.25
$47.26
Volume479 shs
Average Volume499,071 shs
Market Capitalization$3.39 billion
P/E Ratio18.59
Dividend Yield10.23%
Beta1.41
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$5.8582 per share
Book Value$36.39 per share

Profitability

Net Income$136.52 million

Miscellaneous

Employees3,313
Market Cap$3.39 billion
Next Earnings Date10/30/2019 (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 Wednesday, July 31st. Stockholders of record on Monday, August 12th will be paid a dividend of $1.00 per share on Thursday, August 15th. This represents a $4.00 annualized dividend and a dividend yield of 10.15%. The ex-dividend date is Friday, August 9th. View Macquarie Infrastructure's Dividend History.

How were Macquarie Infrastructure's earnings last quarter?

Macquarie Infrastructure Corp (NYSE:MIC) announced its quarterly earnings data on Wednesday, July, 31st. The conglomerate reported $1.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.96 by $0.25. The conglomerate earned $416 million during the quarter, compared to analysts' expectations of $412.30 million. Macquarie Infrastructure had a net margin of 5.66% and a return on equity of 10.42%. 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, October 30th 2019. View Earnings Estimates for Macquarie Infrastructure.

What price target have analysts set for MIC?

3 brokerages have issued 1-year price targets for Macquarie Infrastructure's stock. Their forecasts range from $40.00 to $60.00. On average, they anticipate Macquarie Infrastructure's stock price to reach $50.3333 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

What is the consensus analysts' recommendation for Macquarie Infrastructure?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating and 2 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?

Media coverage about MIC stock has trended negative recently, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Macquarie Infrastructure earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned news stories about the conglomerate a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Macquarie Infrastructure.

Who are some of Macquarie Infrastructure's key competitors?

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), Ares Capital (ARCC), Starbucks (SBUX), Verizon Communications (VZ) and Blackstone Group (BX).

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 variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.71%), Brookfield Asset Management Inc. (1.79%), Renaissance Technologies LLC (1.75%), CIBC Private Wealth Group LLC (1.37%), Gabelli Funds LLC (1.11%) and Nuveen Asset Management LLC (0.96%). 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 major investors are selling Macquarie Infrastructure stock?

MIC stock was sold by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank, Vanguard Group Inc., Carlson Capital L P, Bogle Investment Management L P DE, First Trust Advisors LP, Brookfield Asset Management Inc., American Assets Capital Advisers LLC and A.R.T. Advisors LLC. View Insider Buying and Selling for Macquarie Infrastructure.

Which major investors are buying Macquarie Infrastructure stock?

MIC stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, CIBC Private Wealth Group LLC, Renaissance Technologies LLC, Pinebridge Investments L.P., Canada Pension Plan Investment Board, Putnam Investments LLC, Stephens Inc. AR and AQR Capital Management 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 $39.4050.

How big of a company is Macquarie Infrastructure?

Macquarie Infrastructure has a market capitalization of $3.40 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:  371 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  731
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 9/20/2019 by MarketBeat.com Staff

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