Log in

Macquarie Infrastructure Stock Price, News & Analysis (NYSE:MIC)

$39.49
+0.23 (+0.59 %)
(As of 10/20/2019 07:32 AM ET)
Today's Range
$39.07
Now: $39.49
$39.49
50-Day Range
$37.50
MA: $38.89
$39.95
52-Week Range
$33.71
Now: $39.49
$43.83
Volume308,239 shs
Average Volume419,262 shs
Market Capitalization$3.41 billion
P/E Ratio18.63
Dividend Yield10.19%
Beta1.4
Macquarie Infrastructure Corporation owns and operates a portfolio of businesses that provide services to other businesses, government agencies, and individuals. It operates through: International-Matex Tank Terminals (IMTT), Atlantic Aviation, and MIC Hawaii segments. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, specialty chemicals, renewable fuels, and vegetable and tropical oils through a network of 19 terminals, including 17 in the United States and 2 in Canada. Read More…

Industry, Sector and Symbol

Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
CUSIPN/A
Phone212-231-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.76 billion
Cash Flow$5.87 per share
Book Value$36.39 per share

Profitability

Net Income$136.52 million

Miscellaneous

Employees3,313
Market Cap$3.41 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

Receive MIC News and Ratings via Email

Sign-up to receive the latest news and ratings for MIC and its competitors with MarketBeat's FREE daily newsletter.


Macquarie Infrastructure (NYSE:MIC) Frequently Asked Questions

What is Macquarie Infrastructure's stock symbol?

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

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

Macquarie Infrastructure announced a quarterly dividend on Wednesday, July 31st. Shareholders of record on Monday, August 12th will be paid a dividend of $1.00 per share on Thursday, August 15th. This represents a $4.00 dividend on an annualized basis and a yield of 10.13%. The ex-dividend date of this dividend is Friday, August 9th. View Macquarie Infrastructure's Dividend History.

How were Macquarie Infrastructure's earnings last quarter?

Macquarie Infrastructure Corp (NYSE:MIC) released its quarterly earnings data on Wednesday, July, 31st. The conglomerate reported $1.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.96 by $0.25. The conglomerate had revenue of $416 million for the quarter, compared to analyst estimates of $412.30 million. Macquarie Infrastructure had a net margin of 5.66% and a return on equity of 10.42%. View Macquarie Infrastructure's Earnings History.

When is Macquarie Infrastructure's next earnings date?

Macquarie Infrastructure is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Macquarie Infrastructure.

What price target have analysts set for MIC?

3 brokerages have issued twelve-month price targets for Macquarie Infrastructure's shares. Their predictions range from $39.00 to $60.00. On average, they expect Macquarie Infrastructure's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

What is the consensus analysts' recommendation for Macquarie Infrastructure?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macquarie Infrastructure.

Has Macquarie Infrastructure been receiving favorable news coverage?

News articles about MIC stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Macquarie Infrastructure earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the conglomerate a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Macquarie Infrastructure.

Are investors shorting Macquarie Infrastructure?

Macquarie Infrastructure saw a decrease in short interest in September. As of September 30th, there was short interest totalling 2,420,000 shares, a decrease of 8.3% from the August 30th total of 2,640,000 shares. Based on an average daily trading volume, of 527,300 shares, the days-to-cover ratio is currently 4.6 days. Currently, 2.8% of the shares of the stock are short sold. View Macquarie Infrastructure's Current Options Chain.

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 LP Unit (ET), New Residential Investment (NRZ), Omega Healthcare Investors (OHI), CVS Health (CVS), Cisco Systems (CSCO), Starbucks (SBUX), Kinder Morgan (KMI), Verizon Communications (VZ) and Ares Capital (ARCC).

Who are Macquarie Infrastructure's key executives?

Macquarie Infrastructure's management team includes the folowing people:
  • Mr. Christopher Timothy Frost, CEO & Director (Age 50)
  • Mr. Liam Stewart, Chief Financial Officer (Age 41)
  • Mr. Robert Choi CPA, Principal Accounting Officer
  • Mr. Jay Davis, VP & Head of Investor Relations (Age 60)
  • Mr. Michael Kernan, Gen. Counsel & Sec. (Age 60)

Who are Macquarie Infrastructure's major shareholders?

Macquarie Infrastructure's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include CIBC Private Wealth Group LLC (1.39%), Stephens Inc. AR (0.36%), Patten & Patten Inc. TN (0.09%), Cerebellum GP LLC (0.06%), Envestnet Asset Management Inc. (0.02%) and Robeco Institutional Asset Management B.V. (0.02%). Company insiders that own Macquarie Infrastructure stock include Christopher Frost, George W Carmany III, Group Ltd Macquarie, Henry E Lentz, Infrastructure Manag Macquarie, Jay Davis, Liam Stewart, Martin Stanley, Norman H Brown Jr and Ouma Sananikone. 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 Nisa Investment Advisors LLC, Patten & Patten Inc. TN, Brookstone Capital Management, Envestnet Asset Management Inc. and NEXT Financial Group Inc. View Insider Buying and Selling for Macquarie Infrastructure.

Which major investors are buying Macquarie Infrastructure stock?

MIC stock was purchased by a variety of institutional investors in the last quarter, including Stephens Inc. AR, Cerebellum GP LLC, CIBC Private Wealth Group LLC, Robeco Institutional Asset Management B.V., Wiley BROS. Aintree Capital LLC, Wiley BROS. Aintree Capital LLC, Truvestments Capital LLC and Joel Isaacson & Co. LLC. Company insiders that have bought Macquarie Infrastructure stock in the last two years include Christopher Frost, George W Carmany III, Group Ltd Macquarie, Henry E Lentz, Infrastructure Manag Macquarie, Jay Davis, Liam Stewart, Martin Stanley and Ouma Sananikone. View Insider Buying and Selling for Macquarie Infrastructure.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Macquarie Infrastructure's stock price today?

One share of MIC stock can currently be purchased for approximately $39.49.

How big of a company is Macquarie Infrastructure?

Macquarie Infrastructure has a market capitalization of $3.41 billion and generates $1.76 billion in revenue each year. The conglomerate earns $136.52 million in net income (profit) each year or $2.12 on an earnings per share basis. Macquarie Infrastructure employs 3,313 workers across the globe.View Additional Information About Macquarie Infrastructure.

What is Macquarie Infrastructure's official website?

The official website for Macquarie Infrastructure is http://www.macquarie.com/.

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 or via email at [email protected]


MarketBeat Community Rating for Macquarie Infrastructure (NYSE MIC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  377 (Vote Outperform)
Underperform Votes:  366 (Vote Underperform)
Total Votes:  743
MarketBeat's community ratings are surveys of what our community members think about Macquarie Infrastructure and other stocks. Vote "Outperform" if you believe MIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel