NYSE:MIC - Macquarie Infrastructure Stock Price, Price Target & More

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

Macquarie Infrastructure declared a quarterly dividend on Wednesday, May 2nd. Investors of record on Monday, May 14th will be given a dividend of $1.00 per share on Thursday, May 17th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 9.39%. The ex-dividend date is Friday, May 11th. View Macquarie Infrastructure's Dividend History.

Macquarie Infrastructure Corp (NYSE:MIC) released its quarterly earnings results on Wednesday, May, 2nd. The conglomerate reported $0.91 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.35. The conglomerate earned $501.56 million during the quarter, compared to analyst estimates of $457.10 million. Macquarie Infrastructure had a net margin of 26.38% and a return on equity of 6.04%. View Macquarie Infrastructure's Earnings History.

Macquarie Infrastructure is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Macquarie Infrastructure.

7 analysts have issued twelve-month price objectives for Macquarie Infrastructure's shares. Their forecasts range from $41.00 to $60.00. On average, they anticipate Macquarie Infrastructure's stock price to reach $50.25 in the next year. View Analyst Ratings for Macquarie Infrastructure.

Some companies that are related to Macquarie Infrastructure include Sunoco (SUN), World Fuel Services (INT), NGL Energy Partners (NGL), CrossAmerica Partners (CAPL) and Aegean Marine Petroleum Network (ANW).

Media stories about MIC stock have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Macquarie Infrastructure earned a media sentiment score of 0.18 on Accern's scale. They also assigned media stories about the conglomerate an impact score of 46.78 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Macquarie Infrastructure's stock is owned by a variety of of retail and institutional investors. Top institutional investors include MACQUARIE INFRASTRUCTURE MANAGEMENT (USA) INC (8.40%), Principal Financial Group Inc. (3.16%), Principal Financial Group Inc. (3.16%), Brookfield Asset Management Inc. (1.92%), Atlantic Trust Group LLC (1.83%) and Dimensional Fund Advisors LP (1.75%). Company insiders that own Macquarie Infrastructure stock include Group Ltd Macquarie, Infrastructure Manag Macquarie, James Hooke, Liam Stewart, Martin Stanley, Michael Kernan and Norman H Brown Jr. View Institutional Ownership Trends for Macquarie Infrastructure.

MIC stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Kayne Anderson Capital Advisors LP, Neuberger Berman Group LLC, RMB Capital Management LLC, Advantus Capital Management Inc, Sei Investments Co., Forsta AP Fonden and First Washington CORP. View Insider Buying and Selling for Macquarie Infrastructure.

MIC stock was bought by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Atlantic Trust Group LLC, Tricadia Capital Management LLC, MD Sass Investors Services Inc., Dimensional Fund Advisors LP, Cove Street Capital LLC, Eventide Asset Management LLC and United Capital Financial Advisers LLC. Company insiders that have bought Macquarie Infrastructure stock in the last two years include Group Ltd Macquarie, Infrastructure Manag Macquarie, James Hooke, Liam Stewart, Martin Stanley and Michael Kernan. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MIC stock can currently be purchased for approximately $42.60.

Macquarie Infrastructure has a market capitalization of $3.56 billion and generates $1.81 billion in revenue each year. The conglomerate earns $451.20 million in net income (profit) each year or $2.56 on an earnings per share basis. Macquarie Infrastructure employs 1,100 workers across the globe.

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]