S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:MIC

Macquarie Infrastructure Stock Forecast, Price & News

$3.62
-0.01 (-0.28%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$3.60
$3.64
50-Day Range
$3.60
$40.70
52-Week Range
$3.56
$41.00
Volume
765,200 shs
Average Volume
1.82 million shs
Market Capitalization
$319.28 million
P/E Ratio
0.12
Dividend Yield
N/A
Beta
1.45
30 days | 90 days | 365 days | Advanced Chart
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Macquarie Infrastructure logo

About Macquarie Infrastructure

Macquarie Infrastructure Corp. owns and operates a diversified group of businesses providing basic services to customers in the U. S. It operates through the following business segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, MIC Hawaii, and Corporate and Other. The IMTT segment provides bulk liquid storage and handling services to third parties in the U.S. and Canada. The Atlantic Aviation segment provides fuel, terminal, aircraft hangaring and other services primarily to owners and operators of general aviation (GA) jet aircraft at 70 airports throughout the U.S. The MIC Hawaii segment comprises energy services, production and distribution. The Corporate and Other segment comprises MIC Corporate and a shared services center in Plano, Texas. The company was founded on April 13, 2004 and is headquartered in New York, NY.

Headlines

Finding Cannabis Industry Stocks That May Surprise You
October 19, 2021 |  finance.yahoo.com
Macquarie (MIC) to Buy Back Notes, Sells Atlantic Aviation
September 24, 2021 |  finance.yahoo.com
Macquarie (MIC) Receives Shareholder Approval for Divestments
September 22, 2021 |  finance.yahoo.com
Why Is Macquarie (MIC) Up 1.2% Since Last Earnings Report?
September 2, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Petroleum products, not elsewhere classified
Sub-Industry
N/A
Employees
1,763
Year Founded
N/A

Sales & Book Value

Annual Sales
$847 million
Cash Flow
$4.96 per share
Book Value
$10.25 per share

Profitability

Net Income
$-928 million
Pretax Margin
-0.10%

Debt

Price-To-Earnings

Miscellaneous

Free Float
73,734,000
Market Cap
$319.28 million
Optionable
Optionable

Company Calendar

Dividend Payable
10/07/2021
Ex-Dividend
10/08/2021
Last Earnings
11/02/2021
Today
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/16/2022

MarketRank

Overall MarketRank

2.35 out of 5 stars

Multi-Sector Conglomerates Sector

8th out of 27 stocks

Petroleum Products, Not Elsewhere Classified Industry

2nd out of 5 stocks

Analyst Opinion: 3.0Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Macquarie Infrastructure (NYSE:MIC) Frequently Asked Questions

Is Macquarie Infrastructure a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Macquarie Infrastructure stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MIC, but not buy additional shares or sell existing shares.
View analyst ratings for Macquarie Infrastructure
or view top-rated stocks.

How has Macquarie Infrastructure's stock price been impacted by COVID-19?

Macquarie Infrastructure's stock was trading at $34.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MIC stock has decreased by 89.5% and is now trading at $3.62.
View which stocks have been most impacted by COVID-19
.

When is Macquarie Infrastructure's next earnings date?

Macquarie Infrastructure is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Macquarie Infrastructure
.

How were Macquarie Infrastructure's earnings last quarter?

Macquarie Infrastructure Co. (NYSE:MIC) released its quarterly earnings results on Tuesday, November, 2nd. The conglomerate reported $30.49 earnings per share for the quarter, topping analysts' consensus estimates of ($0.07) by $30.56. The conglomerate earned $60.09 million during the quarter. Macquarie Infrastructure had a net margin of 319.59% and a negative trailing twelve-month return on equity of 10.60%.
View Macquarie Infrastructure's earnings history
.

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

Macquarie Infrastructure declared a dividend on Thursday, September 23rd. Investors of record on Monday, October 4th will be given a dividend of $37.3868 per share on Thursday, October 7th. The ex-dividend date is Friday, October 8th. This is an increase from Macquarie Infrastructure's previous dividend of $11.00.
View Macquarie Infrastructure's dividend history
.

What price target have analysts set for MIC?

1 equities research analysts have issued twelve-month price objectives for Macquarie Infrastructure's shares. Their forecasts range from $41.00 to $50.00. On average, they anticipate Macquarie Infrastructure's share price to reach $45.50 in the next twelve months. This suggests a possible upside of 1,156.9% from the stock's current price.
View analysts' price targets for Macquarie Infrastructure
or view top-rated stocks among Wall Street analysts.

Who are Macquarie Infrastructure's key executives?

Macquarie Infrastructure's management team includes the following people:
  • Christopher Timothy Frost, Chief Executive Officer & Director
  • Nick O'Neil, Chief Financial Officer

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 (ET), New Residential Investment (NRZ), Enterprise Products Partners (EPD), Verizon Communications (VZ), Cisco Systems (CSCO), Main Street Capital (MAIN), Omega Healthcare Investors (OHI), Johnson & Johnson (JNJ) and AbbVie (ABBV).

What is Macquarie Infrastructure's stock symbol?

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

Who are Macquarie Infrastructure's major shareholders?

Macquarie Infrastructure's stock is owned by a number of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (16.53%), Dimensional Fund Advisors LP (4.99%), Farallon Capital Management LLC (4.94%), UBS Group AG (4.92%), Hudson Bay Capital Management LP (2.17%) and Hsbc Holdings PLC (2.03%).
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 BlackRock Inc., Geode Capital Management LLC, Jet Capital Investors L P, Gamco Investors INC. ET AL, Bank of Nova Scotia, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, and NewEdge Wealth LLC.
View insider buying and selling activity for Macquarie Infrastructure
or view top insider-selling stocks.

Which major investors are buying Macquarie Infrastructure stock?

MIC stock was purchased by a variety of institutional investors in the last quarter, including Farallon Capital Management LLC, UBS Group AG, Hudson Bay Capital Management LP, Arrowstreet Capital Limited Partnership, Hsbc Holdings PLC, Ursa Fund Management LLC, Cowen AND Company LLC, and Credit Suisse AG.
View insider buying and selling activity for Macquarie Infrastructure
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Macquarie Infrastructure's stock price today?

One share of MIC stock can currently be purchased for approximately $3.62.

How much money does Macquarie Infrastructure make?

Macquarie Infrastructure has a market capitalization of $319.28 million and generates $847 million in revenue each year. The conglomerate earns $-928 million in net income (profit) each year or $30.28 on an earnings per share basis.

How many employees does Macquarie Infrastructure have?

Macquarie Infrastructure employs 1,763 workers across the globe.

What is Macquarie Infrastructure's official website?

The official website for Macquarie Infrastructure is www.macquarie.com.

Where are Macquarie Infrastructure's headquarters?

Macquarie Infrastructure is headquartered at 125 WEST 55TH STREET, NEW YORK NY, 10019.

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, via email at [email protected], or via fax at 212-231-1828.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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