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 announced 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 annualized dividend and a dividend yield of 8.80%. The ex-dividend date of this dividend is Thursday, November 7th. View Macquarie Infrastructure's Dividend History.

Macquarie Infrastructure Corp (NYSE:MIC) posted its earnings results on Thursday, October, 31st. The conglomerate reported $0.71 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 analysts' expectations 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 Tuesday, February 25th 2020. View Earnings Estimates for Macquarie Infrastructure.

Macquarie Infrastructure will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued 1-year price targets for Macquarie Infrastructure's stock. Their forecasts range from $39.00 to $61.00. On average, they expect Macquarie Infrastructure's stock price to reach $51.67 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Macquarie Infrastructure.

News articles about MIC stock have been trending very positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Macquarie Infrastructure earned a media sentiment score of 3.1 on InfoTrie's scale. They also assigned news headlines about the conglomerate a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few 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), Verizon Communications (VZ), Cisco Systems (CSCO), Kinder Morgan (KMI), Omega Healthcare Investors (OHI), AbbVie (ABBV), Enterprise Products Partners (EPD) and CVS Health (CVS).

Macquarie Infrastructure's stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.85%), Gabelli Funds LLC (1.41%), CIBC Private Wealth Group LLC (1.27%), Hawk Ridge Capital Management LP (1.23%), Geode Capital Management LLC (1.03%) and FMR LLC (1.00%). 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 Goldman Sachs Group Inc., CIBC Private Wealth Group LLC, GW&K Investment Management LLC, Great West Life Assurance Co. Can, Cubist Systematic Strategies LLC, Chicago Partners Investment Group LLC, Advisors Asset Management Inc. and Stifel Financial Corp. View Insider Buying and Selling for Macquarie Infrastructure.

MIC stock was purchased by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., Hawk Ridge Capital Management LP, Cove Street Capital LLC, Gabelli Funds LLC, Formula Growth Ltd., Teacher Retirement System of Texas, Credit Suisse AG and Man Group plc. 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 $45.48.

Macquarie Infrastructure has a market capitalization of $3.93 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 mic[email protected]