NYSE:MIC - Macquarie Infrastructure Stock Price, Forecast & News

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

Macquarie Infrastructure declared a quarterly dividend on Thursday, October 31st. Stockholders of record on Monday, November 11th will be given a dividend of $1.00 per share on Thursday, November 14th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 8.83%. The ex-dividend date of this dividend is Thursday, November 7th. View Macquarie Infrastructure's Dividend History.

Macquarie Infrastructure Corp (NYSE:MIC) released its earnings results on Thursday, October, 31st. The conglomerate reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.35. The conglomerate had revenue of $405 million for the quarter, compared to analyst estimates of $417.40 million. Macquarie Infrastructure had a net margin of 8.14% and a return on equity of 12.64%. View Macquarie Infrastructure's Earnings History.

Macquarie Infrastructure is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Macquarie Infrastructure.

6 equities research analysts have issued 12 month price targets for Macquarie Infrastructure's shares. Their forecasts range from $39.00 to $58.00. On average, they expect Macquarie Infrastructure's share price to reach $49.80 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Macquarie Infrastructure.

News coverage about MIC stock has trended positive on Sunday, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Macquarie Infrastructure earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned media stories about the conglomerate a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Macquarie Infrastructure.

Some companies that are related to Macquarie Infrastructure include Mitsui & Co Ltd (MITSY), Sunoco (SUN), World Fuel Services (INT), NGL Energy Partners (NGL) and Crossamerica Partners (CAPL).

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), Cisco Systems (CSCO), Kinder Morgan (KMI), Verizon Communications (VZ), Omega Healthcare Investors (OHI), Starbucks (SBUX), AbbVie (ABBV) and Blackstone Group (BX).

Macquarie Infrastructure's stock is owned by a number of of retail and institutional investors. Top institutional investors include Patten & Patten Inc. TN (0.08%), AE Wealth Management LLC (0.07%), Nisa Investment Advisors LLC (0.03%), Patten Group Inc. (0.02%), Investors Asset Management of Georgia Inc. GA ADV (0.01%) and Steward Partners Investment Advisory LLC (0.01%). 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 and Ouma Sananikone. View Institutional Ownership Trends for Macquarie Infrastructure.

MIC stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, Ridgewood Investments LLC and Investors Asset Management of Georgia Inc. GA ADV. View Insider Buying and Selling for Macquarie Infrastructure.

MIC stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Sciencast Management LP, Harvest Investment Services LLC, Private Trust Co. NA, Peterson Wealth Management, Huntington National Bank, AE Wealth Management LLC and Steward Partners Investment Advisory 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.

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.

One share of MIC stock can currently be purchased for approximately $45.32.

Macquarie Infrastructure has a market capitalization of $3.92 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.

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

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]