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.
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Industry, Sector and Symbol
Industry Petroleum products, not elsewhere classified
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
Phone212-231-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.76 billion
Profitability
Miscellaneous
Employees3,313
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Wednesday, July 31st. Investors of record on Monday, August 12th will be given a dividend of $1.00 per share on Thursday, August 15th. This represents a $4.00 annualized dividend and a yield of 10.01%. 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) issued 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 earned $416 million during the quarter, compared to analysts' expectations 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?
What price target have analysts set for MIC?
3 equities research analysts have issued 1-year price objectives for Macquarie Infrastructure's stock. Their forecasts range from $39.00 to $60.00. On average, they expect Macquarie Infrastructure's stock price to reach $50.00 in the next year. This suggests a possible upside of 25.1% 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?
Media coverage about MIC stock has been trending extremely negative on Tuesday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog 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 -4.3 on InfoTrie's scale. They also assigned media stories about the conglomerate a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Macquarie Infrastructure.
Are investors shorting Macquarie Infrastructure?
Macquarie Infrastructure saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 2,420,000 shares, a drop of 8.3% from the August 30th total of 2,640,000 shares. Based on an average daily 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?
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 retail and institutional 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 institutional investors are selling Macquarie Infrastructure stock?
Which institutional 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 $39.96.
How big of a company is Macquarie Infrastructure?
Macquarie Infrastructure has a market capitalization of $3.45 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?
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)
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.
