Macquarie Infrastructure Company Company Profile (NYSE:MIC)

About Macquarie Infrastructure Company (NYSE:MIC)

Macquarie Infrastructure Company logoMacquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. The Company operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP) and MIC Hawaii. Its group of businesses also provides services, such as aircraft fueling, CP generation and utility gas services. Its group of businesses provides services to businesses, government agencies and individuals in the United States. IMTT segment provides bulk liquid terminal services in the United States. As of December 31, 2016, Atlantic Aviation operated Fixed based operations (FBOs) at 69 airports in the United States. The businesses in its CP segment sell electricity to off-takers, pursuant to multi-year contracts. MIC Hawaii segment consists of Hawaii Gas and several smaller businesses. Hawaii Gas consists of a gas utility and a liquefied petroleum gas (LPG) distribution business.

Industry, Sector and Symbol:
  • Sector: Multi-Sector Conglomerates
  • Industry: Integrated Logistics Operators
  • Sub-Industry: N/A
  • Symbol: NYSE:MIC
  • CUSIP: N/A
  • Web: www.macquarie.com
Capitalization:
  • Market Cap: $5.67 billion
  • Outstanding Shares: 82,668,000
Average Prices:
  • 50 Day Moving Avg: $72.92
  • 200 Day Moving Avg: $76.25
  • 52 Week Range: $68.49 - $85.45
P/E:
  • Trailing P/E Ratio: 34.08
  • Foreward P/E Ratio: 26.20
  • P/E Growth: 3.27
Sales & Book Value:
  • Annual Revenue: $1.75 billion
  • Price / Sales: 3.24
  • Book Value: $34.41 per share
  • Price / Book: 1.99
Dividend:
  • Annual Dividend: $5.52
  • Dividend Yield: 7.8%
Profitability:
  • EBITDA: $604.97 million
  • Net Margins: 10.12%
  • Return on Equity: 5.71%
  • Return on Assets: 2.35%
Debt:
  • Debt-to-Equity Ratio: 1.06%
  • Current Ratio: 1.01%
  • Quick Ratio: 0.87%
Misc:
  • Average Volume: 589,886 shs.
  • Beta: 0.88
  • Short Ratio: 6.75
 

Frequently Asked Questions for Macquarie Infrastructure Company (NYSE:MIC)

What is Macquarie Infrastructure Company's stock symbol?

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

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

Macquarie Infrastructure Company declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Monday, August 14th will be given a dividend of $1.38 per share on Thursday, August 17th. This represents a $5.52 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date is Thursday, August 10th. This is a positive change from Macquarie Infrastructure Company's previous quarterly dividend of $1.32. View Macquarie Infrastructure Company's Dividend History.

How were Macquarie Infrastructure Company's earnings last quarter?

Macquarie Infrastructure Company (NYSE:MIC) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.26. The firm had revenue of $438.99 million for the quarter, compared to analyst estimates of $416.50 million. Macquarie Infrastructure Company had a return on equity of 5.71% and a net margin of 10.12%. View Macquarie Infrastructure Company's Earnings History.

When will Macquarie Infrastructure Company make its next earnings announcement?

Macquarie Infrastructure Company is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Macquarie Infrastructure Company.

Where is Macquarie Infrastructure Company's stock going? Where will Macquarie Infrastructure Company's stock price be in 2017?

4 brokerages have issued 1-year price targets for Macquarie Infrastructure Company's shares. Their forecasts range from $83.00 to $93.00. On average, they expect Macquarie Infrastructure Company's share price to reach $89.33 in the next twelve months. View Analyst Ratings for Macquarie Infrastructure Company.

Who are some of Macquarie Infrastructure Company's key competitors?

Who are Macquarie Infrastructure Company's key executives?

Macquarie Infrastructure Company's management team includes the folowing people:

  • Martin Stephen William Stanley, Chairman of the Board
  • James Hooke, Chief Executive Officer
  • Liam Stewart, Chief Financial Officer
  • Jay Davis, Vice President, Head of Investor Relations
  • Michael E. Kernan, General Counsel, Secretary
  • Norman H. Brown Jr., Independent Director
  • George W. Carmany III, Independent Director
  • Ronald Kirk, Independent Director
  • Henry E. Lentz Jr., Independent Director
  • Ouma Sananikone, Independent Director

Who owns Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock is owned by a number of of retail and institutional investors. Top institutional investors include Advisors Capital Management LLC (0.31%), Sit Investment Associates Inc. (0.29%), Assenagon Asset Management S.A. (0.25%), Orinda Asset Management LLC (0.04%), Trellus Management Company LLC (0.02%) and Denali Advisors LLC (0.02%). Company insiders that own Macquarie Infrastructure Company stock include George W Carmany III, Infrastructure Manag Macquarie, James Hooke, Liam Stewart, Martin Stanley, Michael Kernan and Norman H Brown Jr. View Institutional Ownership Trends for Macquarie Infrastructure Company.

Who sold Macquarie Infrastructure Company stock? Who is selling Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock was sold by a variety of institutional investors in the last quarter, including Ahrens Investment Partners LLC, Denali Advisors LLC and Advisors Capital Management LLC. View Insider Buying and Selling for Macquarie Infrastructure Company.

Who bought Macquarie Infrastructure Company stock? Who is buying Macquarie Infrastructure Company stock?

Macquarie Infrastructure Company's stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Sit Investment Associates Inc., Orinda Asset Management LLC and Trellus Management Company LLC. Company insiders that have bought Macquarie Infrastructure Company stock in the last two years include James Hooke, Liam Stewart, Martin Stanley and Michael Kernan. View Insider Buying and Selling for Macquarie Infrastructure Company.

How do I buy Macquarie Infrastructure Company stock?

Shares of Macquarie Infrastructure Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Macquarie Infrastructure Company's stock price today?

One share of Macquarie Infrastructure Company stock can currently be purchased for approximately $68.64.


MarketBeat Community Rating for Macquarie Infrastructure Company (NYSE MIC)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  113 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Macquarie Infrastructure Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Macquarie Infrastructure Company (NYSE:MIC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $89.33 (30.15% upside)
Consensus Price Target History for Macquarie Infrastructure Company (NYSE:MIC)
Price Target History for Macquarie Infrastructure Company (NYSE:MIC)
Analysts' Ratings History for Macquarie Infrastructure Company (NYSE:MIC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Barclays PLCDowngradeOverweight -> Hold$89.00 -> $83.00LowView Rating Details
3/21/2017SunTrust Banks, Inc.Initiated CoverageBuy -> Buy$92.00LowView Rating Details
2/23/2017Royal Bank Of CanadaLower Price TargetOutperform -> Outperform$98.00 -> $93.00N/AView Rating Details
11/18/2016Wells Fargo & CompanyReiterated RatingOutperformN/AView Rating Details
6/2/2016Oppenheimer Holdings, Inc.Reiterated RatingBuyN/AView Rating Details
3/27/2016J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Macquarie Infrastructure Company (NYSE:MIC)
Earnings by Quarter for Macquarie Infrastructure Company (NYSE:MIC)
Earnings History by Quarter for Macquarie Infrastructure Company (NYSE MIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.70N/AView Earnings Details
8/2/2017Q2 2017$0.58$0.32$416.50 million$438.99 millionViewListenView Earnings Details
2/21/2017Q416$0.59$0.89$244.46 million$437.24 millionViewN/AView Earnings Details
8/1/2016Q216$0.44$0.24$399.95 million$397.60 millionViewN/AView Earnings Details
5/2/2016Q116$0.47$0.28$434.44 million$396.40 millionViewN/AView Earnings Details
11/2/2015Q315$0.20$0.13$425.92 million$415.71 millionViewN/AView Earnings Details
8/3/2015Q215$0.29($0.80)$437.25 million$423.68 millionViewN/AView Earnings Details
5/4/2015Q115($0.56)($1.22)$442.50 million$398.50 millionViewN/AView Earnings Details
2/18/2015Q414$0.22$0.30$412.04 million$405.10 millionViewN/AView Earnings Details
10/29/2014Q3$0.45($0.50)$408.84 million$388.60 millionViewListenView Earnings Details
7/30/2014Q413$0.28$0.19$325.99 million$280.90 millionViewN/AView Earnings Details
4/30/2014Q1$0.36$0.36$289.90 million$276.20 millionViewListenView Earnings Details
2/19/2014Q4$0.33$0.31ViewListenView Earnings Details
10/28/2013Q313$0.44$0.20$271.40 million$263.70 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.48$0.92$269.03 million$252.67 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Macquarie Infrastructure Company (NYSE:MIC)
2017 EPS Consensus Estimate: $2.41
2018 EPS Consensus Estimate: $2.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.41$0.41$0.41
Q2 20171$0.59$0.59$0.59
Q3 20171$0.74$0.74$0.74
Q4 20171$0.67$0.67$0.67
Q1 20181$0.79$0.79$0.79
Q2 20181$0.67$0.67$0.67
Q3 20181$0.76$0.76$0.76
Q4 20181$0.70$0.70$0.70
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Macquarie Infrastructure Company (NYSE:MIC)
Most Recent Dividend:8/17/2017
Annual Dividend:$5.52
Dividend Yield:8.04%
Dividend Growth:26.10% (3 Year Average)
Payout Ratio:255.56% (Trailing 12 Months of Earnings)
296.77% (Based on This Year's Estimates)
210.69% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Macquarie Infrastructure Company (NYSE:MIC)

Dividend History by Quarter for Macquarie Infrastructure Company (NYSE MIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$1.387.25%8/10/20178/14/20178/17/2017
5/3/2017Quarterly$1.326.59%5/11/20175/15/20175/18/2017
2/22/2017quarterly$1.316.81%3/1/20173/3/20173/8/2017
11/1/2016Quarterly$1.296.17%11/8/201611/10/201611/15/2016
8/2/2016quarterly$1.256.45%8/9/20168/11/20168/16/2016
5/3/2016quarterly$1.207.02%5/10/20165/12/20165/17/2016
2/23/2016quarterly$1.157.57%3/1/20163/3/20163/8/2016
11/4/2015Quarterly$1.1311/10/201511/13/201511/18/2015
11/2/2015quarterly$1.135.64%11/9/201511/12/201511/17/2015
8/3/2015$1.118/11/20158/13/20158/18/2015
5/5/2015quarterly$1.075.01%5/12/20155/14/20155/19/2015
2/19/2015quarterly$1.025.14%2/26/20153/2/20153/5/2015
10/29/2014quarterly$0.985.55%11/6/201411/10/201411/13/2014
7/11/2014quarterly$0.955.51%8/7/20148/11/20148/14/2014
4/30/2014quarterly$0.946.25%5/8/20145/12/20145/15/2014
2/19/2014quarterly$0.916.54%2/27/20143/3/20143/6/2014
5/1/2013quarterly$0.694.72%5/9/20135/13/20135/16/2013
12/12/2012quarterly$0.696.2%12/20/201212/24/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Macquarie Infrastructure Company (NYSE:MIC)
Insider Ownership Percentage: 5.90%
Institutional Ownership Percentage: 80.53%
Insider Trades by Quarter for Macquarie Infrastructure Company (NYSE:MIC)
Institutional Ownership by Quarter for Macquarie Infrastructure Company (NYSE:MIC)
Insider Trades by Quarter for Macquarie Infrastructure Company (NYSE:MIC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2017James HookeCEOBuy15,000$74.15$1,112,250.00View SEC Filing  
2/3/2017Liam StewartCFOBuy2,500$74.15$185,375.00View SEC Filing  
2/3/2017Martin StanleyDirectorBuy4,000$74.15$296,600.00View SEC Filing  
2/3/2017Michael KernanGeneral CounselBuy1,000$74.15$74,150.00View SEC Filing  
11/9/2016Infrastructure Manag MacquarieDirectorSell2,870,000$81.48$233,847,600.00View SEC Filing  
8/16/2016Norman H Brown JrDirectorSell4,000$80.17$320,680.00View SEC Filing  
12/2/2015George W. Carmany IIIDirectorSell10,000$76.92$769,200.00View SEC Filing  
3/2/2015James HookeCEOBuy4,000$80.00$320,000.00View SEC Filing  
7/17/2014James HookeCEOBuy2,830$66.50$188,195.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Macquarie Infrastructure Company (NYSE:MIC)
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Macquarie Infrastructure Company (MIC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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