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

$44.38
-0.28 (-0.63 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
$44.06
Now: $44.38
$44.77
50-Day Range
$42.73
MA: $43.74
$45.65
52-Week Range
$36.58
Now: $44.38
$45.93
Volume448,600 shs
Average Volume630,787 shs
Market Capitalization$3.84 billion
P/E Ratio27.40
Dividend Yield8.96%
Beta1.39
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$5.77 per share
Book Value$36.39 per share

Profitability

Net Income$136.52 million

Miscellaneous

Employees3,313
Market Cap$3.84 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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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 Thursday, October 31st. Investors 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 yield of 9.01%. The ex-dividend date is Thursday, November 7th. View Macquarie Infrastructure's Dividend History.

How were Macquarie Infrastructure's earnings last quarter?

Macquarie Infrastructure Corp (NYSE:MIC) issued its quarterly earnings results on Thursday, October, 31st. The conglomerate reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks' 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 return on equity of 12.64% and a net margin of 8.14%. 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, February 19th 2020. View Earnings Estimates for Macquarie Infrastructure.

What price target have analysts set for MIC?

6 equities research analysts have issued 1-year target prices for Macquarie Infrastructure's shares. Their forecasts range from $39.00 to $58.00. On average, they expect Macquarie Infrastructure's stock price to reach $49.80 in the next year. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Macquarie Infrastructure.

What is the consensus analysts' recommendation 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.

Has Macquarie Infrastructure been receiving favorable news coverage?

Media coverage about MIC stock has been trending very negative recently, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Macquarie Infrastructure earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned press coverage about the conglomerate a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the near future. View News Stories for Macquarie Infrastructure.

Who are some of Macquarie Infrastructure's key competitors?

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).

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

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 many different of retail and institutional investors. Top institutional investors include Telemus Capital LLC (0.34%), Chicago Partners Investment Group LLC (0.10%), Patten & Patten Inc. TN (0.08%), AE Wealth Management LLC (0.07%), Nisa Investment Advisors LLC (0.03%) and Janney Montgomery Scott LLC (0.03%). 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.

Which institutional investors are selling Macquarie Infrastructure stock?

MIC stock was sold by a variety of institutional investors in the last quarter, including Chicago Partners Investment Group LLC, Telemus Capital LLC, Patten & Patten Inc. TN, 10 15 Associates Inc., Ridgewood Investments LLC, Barnett & Company Inc., Signet Financial Management LLC and NEXT Financial Group Inc. View Insider Buying and Selling for Macquarie Infrastructure.

Which institutional investors are buying Macquarie Infrastructure stock?

MIC stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, Sciencast Management LP, Harvest Investment Services LLC, Strs Ohio, Private Trust Co. NA, Peterson Wealth Management, Huntington National Bank and AE Wealth Management 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 $44.38.

How big of a company is Macquarie Infrastructure?

Macquarie Infrastructure has a market capitalization of $3.84 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:  400 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  787
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 1/25/2020 by MarketBeat.com Staff

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