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 announced a quarterly dividend on Wednesday, May 2nd. Stockholders 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 annualized dividend 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) issued its quarterly earnings data on Wednesday, May, 2nd. The conglomerate reported $0.91 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.56 by $0.35. The conglomerate had revenue of $501.56 million for the quarter, compared to analysts' expectations 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 12-month target prices for Macquarie Infrastructure's shares. Their predictions 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), NGL Energy Partners (NGL), World Fuel Services (INT), CrossAmerica Partners (CAPL) and Aegean Marine Petroleum Network (ANW).

Press coverage about MIC stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Macquarie Infrastructure earned a news sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the conglomerate an impact score of 46.27 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Macquarie Infrastructure's stock is owned by many different of institutional and retail 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 acquired 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 $42.62.

Macquarie Infrastructure has a market capitalization of $3.60 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]