NYSE:MICMacquarie Infrastructure Stock Price, Forecast & News

Macquarie Infrastructure's stock was trading at $34.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MIC shares have decreased by 11.9% and is now trading at $30.24. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Macquarie Infrastructure in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Macquarie Infrastructure.

Macquarie Infrastructure is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Macquarie Infrastructure.

Macquarie Infrastructure Corp (NYSE:MIC) issued its quarterly earnings results on Tuesday, May, 5th. The conglomerate reported $0.13 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.31 by $0.18. The conglomerate had revenue of $416 million for the quarter, compared to analyst estimates of $457.60 million. Macquarie Infrastructure had a net margin of 5.84% and a return on equity of 12.51%. View Macquarie Infrastructure's earnings history.

Macquarie Infrastructure declared a quarterly dividend on Tuesday, February 25th. Shareholders of record on Friday, March 6th will be paid a dividend of $1.00 per share on Wednesday, March 11th. This represents a $4.00 annualized dividend and a dividend yield of 13.23%. The ex-dividend date is Thursday, March 5th. View Macquarie Infrastructure's dividend history.

8 equities research analysts have issued 1 year price objectives for Macquarie Infrastructure's stock. Their forecasts range from $26.00 to $61.00. On average, they anticipate Macquarie Infrastructure's share price to reach $45.29 in the next year. This suggests a possible upside of 49.8% from the stock's current price. View analysts' price targets for Macquarie Infrastructure.

Headlines about MIC stock have trended very negative on Sunday, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Macquarie Infrastructure earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news headlines about the conglomerate a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Macquarie Infrastructure.

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

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), Omega Healthcare Investors (OHI), Cisco Systems (CSCO), AbbVie (ABBV), Ares Capital (ARCC), Enterprise Products Partners (EPD) and Kinder Morgan (KMI).

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

Macquarie Infrastructure's stock is owned by many different institutional and retail investors. Top institutional investors include Whittier Trust Co. (0.01%) and FNY Investment Advisers LLC (0.01%). Company insiders that own Macquarie Infrastructure stock include Christopher Frost, George W Carmany III, Group Ltd Macquarie, Henry E Lentz, 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 Whittier Trust Co.. View insider buying and selling activity for Macquarie Infrastructure.

MIC stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers 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, Jay Davis, Liam Stewart, Martin Stanley, and Ouma Sananikone. View insider buying and selling activity 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 $30.24.

Macquarie Infrastructure has a market capitalization of $2.63 billion and generates $1.73 billion in revenue each year. The conglomerate earns $156 million in net income (profit) each year or $4.70 on an earnings per share basis. Macquarie Infrastructure employs 1,999 workers across the globe.

The official website for Macquarie Infrastructure is 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]