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: $6.00582 billion
  • Outstanding Shares: 82,668,000
Average Prices:
  • 50 Day Moving Avg: $73.11
  • 200 Day Moving Avg: $76.50
  • 52 Week Range: $71.23 - $85.45
P/E:
  • Trailing P/E Ratio: 34.73
  • Foreward P/E Ratio: 23.96
  • P/E Growth: 3.27
Sales & Book Value:
  • Annual Revenue: $1.75 billion
  • Price / Sales: 3.43
  • Book Value: $34.41 per share
  • Price / Book: 2.11
Dividend:
  • Annual Dividend: $5.52
  • Dividend Yield: 7.6%
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: 590,330 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 announced a quarterly dividend on Thursday, August 3rd. Investors of record on Monday, August 14th will be paid 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 7.60%. The ex-dividend date of this dividend 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) issued its earnings results on Wednesday, August, 2nd. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.58 by $0.26. The business had revenue of $438.99 million for the quarter, compared to analysts' expectations 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 analysts have issued 12-month price targets for Macquarie Infrastructure Company's shares. Their forecasts range from $83.00 to $93.00. On average, they anticipate Macquarie Infrastructure Company's stock 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

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 $72.59.


MarketBeat Community Rating for Macquarie Infrastructure Company (NYSE MIC)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  183 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  295
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 (23.07% 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 10/17/2015 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:7.60%
Dividend Growth:26.10% (3 Year Average)
Payout Ratio:255.56% (Trailing 12 Months of Earnings)
256.74% (Based on This Year's Estimates)
182.18% (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)
Latest Headlines for Macquarie Infrastructure Company (NYSE:MIC)
Source:
DateHeadline
americanbankingnews.com logoContrasting Macquarie Infrastructure (MIC) and Roadrunner Transportation Systems (RRTS)
www.americanbankingnews.com - October 15 at 2:10 AM
americanbankingnews.com logoFinancial Contrast: Core-Mark Holding (CORE) vs. Macquarie Infrastructure (MIC)
www.americanbankingnews.com - October 13 at 6:52 PM
americanbankingnews.com logoCore-Mark Holding (CORE) versus Macquarie Infrastructure (MIC) Head-To-Head Contrast
www.americanbankingnews.com - October 13 at 6:52 PM
americanbankingnews.com logoComparing Macquarie Infrastructure (MIC) and Core-Mark Holding (CORE)
www.americanbankingnews.com - October 13 at 10:32 AM
americanbankingnews.com logoMacquarie Infrastructure (MIC) versus Roadrunner Transportation Systems (RRTS) Financial Comparison
www.americanbankingnews.com - October 13 at 8:48 AM
finance.yahoo.com logoMIC Announces Conversion Ratio Adjustment to Convertible Senior Notes Due 2023
finance.yahoo.com - October 13 at 6:52 AM
businesswire.com logoMIC to Conduct Conference Call and Webcast Covering Third Quarter 2017 Financial Results on Thursday, November ... - Business Wire (press release)
www.businesswire.com - October 12 at 6:49 AM
finance.yahoo.com logoMIC to Conduct Conference Call and Webcast Covering Third Quarter 2017 Financial Results on Thursday, November 2, 2017
finance.yahoo.com - October 12 at 6:49 AM
americanbankingnews.com logoCritical Analysis: Core-Mark Holding (CORE) and Macquarie Infrastructure (MIC)
www.americanbankingnews.com - October 10 at 12:12 PM
finance.yahoo.com logoArena Luxembourg Investments S.a r.l. -- Moody's assigns Ba3 rating to Notes to be issued by Arena Luxembourg Finance; stable outlook
finance.yahoo.com - October 9 at 4:08 PM
americanbankingnews.com logoHead-To-Head Review: Roadrunner Transportation Systems (RRTS) versus Macquarie Infrastructure (MIC)
www.americanbankingnews.com - October 7 at 8:24 PM
americanbankingnews.com logoHead to Head Survey: Macquarie Infrastructure (MIC) and Core-Mark Holding (CORE)
www.americanbankingnews.com - October 7 at 4:10 PM
americanbankingnews.com logoContrasting Macquarie Infrastructure (MIC) & Echo Global Logistics (ECHO)
www.americanbankingnews.com - October 7 at 12:14 PM
finance.yahoo.com logoNotice of Third Quarter 2017 Results and Conference Call
finance.yahoo.com - October 6 at 10:29 AM
finance.yahoo.com logoNotification of 2018 Financial Calendar
finance.yahoo.com - October 6 at 10:28 AM
finance.yahoo.com logoMillicom Appoints Susy Bobenrieth as Executive Vice President, Chief Human Resources Officer
finance.yahoo.com - October 4 at 7:55 AM
seekingalpha.com logoVery Few Prepared For Rising Global Growth
seekingalpha.com - October 1 at 12:12 PM
americanbankingnews.com logoMacquarie Infrastructure Company (MIC) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - September 23 at 9:16 PM
finance.yahoo.com logoMillicom Issues 10-year Corporate Bond, Completes Tender Offer and Satisfies Redemption Condition
finance.yahoo.com - September 22 at 5:32 AM
finance.yahoo.com logoMillicom Announces Results of Tender Offer
finance.yahoo.com - September 18 at 10:03 PM
finance.yahoo.com logoMillicom Starts Rollout of its NGTV Service in Latin America
finance.yahoo.com - September 18 at 10:03 PM
bizjournals.com logoHawaii Gas gets OK for wastewater biogas facility in West Oahu
www.bizjournals.com - September 14 at 7:41 AM
finance.yahoo.com logoMillicom Announces the Pricing of $500 Million Senior Notes
finance.yahoo.com - September 14 at 7:41 AM
marketwatch.com logoMacquarie Infrastructure's CEO Hooke to step down in 2018 - MarketWatch
www.marketwatch.com - September 12 at 1:24 AM
streetinsider.com logoMacquarie Infrastructure (MIC) Says James Hooke to Step Down as CEO in Early 2018; Christopher Frost Named COO ... - StreetInsider.com
www.streetinsider.com - September 12 at 1:24 AM
finance.yahoo.com logoMIC Announces Executive Management Changes and Succession Plan
finance.yahoo.com - September 12 at 1:23 AM
finance.yahoo.com logoMacquarie Infrastructure's CEO Hooke to step down in 2018
finance.yahoo.com - September 12 at 1:23 AM
finance.yahoo.com logoNotification of Share Purchase Transaction by Millicom CEO
finance.yahoo.com - August 30 at 6:38 AM
finance.yahoo.com logo[$$] Macquarie Collects $3.3 Billion for Latest North American Infrastructure Fund
finance.yahoo.com - August 30 at 6:38 AM
finance.yahoo.com logoNotification of Share Purchase Transaction by Millicom Chairman
finance.yahoo.com - August 30 at 6:37 AM
americanbankingnews.com logoMacquarie Infrastructure Company (MIC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 29 at 9:14 PM
businesswire.com logoMIC to Present at Midwest IDEAS Conference - Business Wire (press release)
www.businesswire.com - August 28 at 8:28 PM
finance.yahoo.com logoMIC to Present at Midwest IDEAS Conference
finance.yahoo.com - August 28 at 8:28 PM
finance.yahoo.com logoAtlantic Aviation Enters Into Agreement to Acquire Orion Jet Center
finance.yahoo.com - August 15 at 1:37 AM
finance.yahoo.com logoIHS Markit Score downgrades Macquarie Infrastructure Corp to 25 out of 100, ranking positively in two out of three available IHS Markit categories.
finance.yahoo.com - August 12 at 7:48 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Macquarie Infrastructure Corp.
finance.yahoo.com - August 12 at 7:48 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Macquarie Infrastructure Company Raised by Analyst (MIC)
www.americanbankingnews.com - August 7 at 7:28 AM
finance.yahoo.com logoEdited Transcript of MIC earnings conference call or presentation 3-Aug-17 12:00pm GMT
finance.yahoo.com - August 5 at 3:12 AM
americanbankingnews.com logoMacquarie Infrastructure Company (NYSE:MIC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 4 at 8:44 PM
News IconBRIEF-Macquarie Infrastructure qtrly total revenue $438.99 mln vs $397.58 mln
www.businessinsider.com - August 4 at 1:50 AM
streetinsider.com logoMacquarie Infrastructure (MIC) Forms JV with Intersect Power
www.streetinsider.com - August 4 at 1:50 AM
seekingalpha.com logoMacquarie Infrastructure's (MIC) CEO James Hooke on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 1:50 AM
finance.yahoo.com logoIMTT Enters Into Agreement to Acquire Epic Midstream
finance.yahoo.com - August 4 at 1:50 AM
finance.yahoo.com logoMIC Reports Second Quarter 2017 Financial Results, Announces Acquisition and Investment, Increases Quarterly Cash Dividend
finance.yahoo.com - August 4 at 1:50 AM
americanbankingnews.com logoMacquarie Infrastructure Company (MIC) Increases Dividend to $1.38 Per Share
www.americanbankingnews.com - August 3 at 5:46 PM
streetinsider.com logoMacquarie Infrastructure (MIC) Forms JV with Intersect Power - StreetInsider.com
www.streetinsider.com - August 3 at 5:22 AM
finance.yahoo.com logoMacquarie posts 2Q profit
finance.yahoo.com - August 3 at 5:21 AM
finance.yahoo.com logoInvestor Network: Macquarie Infrastructure Corporation to Host Earnings Call
finance.yahoo.com - August 3 at 5:21 AM
nasdaq.com logoMacquarie Infrastructure (MIC) Passes Through 7% Yield Mark
www.nasdaq.com - July 28 at 4:24 AM
americanbankingnews.com logoMacquarie Infrastructure Company (NYSE:MIC) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 27 at 12:58 PM

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Chart

Macquarie Infrastructure Company (MIC) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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