MasTec Company Profile (NYSE:MTZ)

About MasTec (NYSE:MTZ)

MasTec logoMasTec, Inc. is an infrastructure construction company. The Company operates primarily across North America through a range of industries. The Company operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as wireless, wireline/fiber, satellite communications and customer fulfillment activities; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; conventional and renewable power generation, and industrial infrastructure. The Company offered its services primarily under the MasTec service mark and had operations across 510 locations as of December 31, 2016. It provides services under master service and other service agreements, which are generally multi-year agreements.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Smart Grid & Power Distribution Construction
  • Sub-Industry: Construction & Engineering
  • Symbol: NYSE:MTZ
  • CUSIP: 57632310
  • Web:
  • Market Cap: $3.8 billion
  • Outstanding Shares: 82,752,000
Average Prices:
  • 50 Day Moving Avg: $41.66
  • 200 Day Moving Avg: $42.63
  • 52 Week Range: $27.10 - $49.50
  • Trailing P/E Ratio: 16.18
  • Foreward P/E Ratio: 15.35
  • P/E Growth: 1.05
Sales & Book Value:
  • Annual Revenue: $5.98 billion
  • Price / Sales: 0.64
  • Book Value: $15.15 per share
  • Price / Book: 3.03
  • EBIDTA: $598.59 million
  • Net Margins: 3.89%
  • Return on Equity: 21.80%
  • Return on Assets: 7.38%
  • Debt-to-Equity Ratio: 1.07%
  • Current Ratio: 1.93%
  • Quick Ratio: 1.83%
  • Average Volume: 819,358 shs.
  • Beta: 1.44
  • Short Ratio: 5.45

Frequently Asked Questions for MasTec (NYSE:MTZ)

What is MasTec's stock symbol?

MasTec trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTZ."

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.34. The business earned $1.89 billion during the quarter, compared to the consensus estimate of $1.50 billion. MasTec had a return on equity of 21.80% and a net margin of 3.89%. The business's revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.36 earnings per share. View MasTec's Earnings History.

What guidance has MasTec issued on next quarter's earnings?

MasTec updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $2.73 for the period, compared to the Thomson Reuters consensus estimate of $2.46. The company issued revenue guidance of $6.0 billion, compared to the consensus revenue estimate of $5.70 billion.MasTec also updated its Q3 guidance to $0.73 EPS.

Where is MasTec's stock going? Where will MasTec's stock price be in 2017?

9 analysts have issued 12-month price targets for MasTec's stock. Their forecasts range from $49.00 to $66.00. On average, they anticipate MasTec's stock price to reach $54.56 in the next twelve months. View Analyst Ratings for MasTec.

What are analysts saying about MasTec stock?

Here are some recent quotes from research analysts about MasTec stock:

  • 1. According to Zacks Investment Research, "MasTec reported record revenues and earnings in the second quarter with both outpacing the Zacks Consensus Estimate as well.  The better-than-expected performance can be attributed to record levels of Oil & Gas project activity. MasTec raised 2017 guidance and estimates annual revenue of approximately $6 billion and adjusted earnings per share at $2.73. The company’s recent geographic expansion of heavy civil operations, as well as entry into the water, sewer and drainage systems infrastructure market operations will provide opportunity to capitalize on the increasing demand trends in this market. In its wireline and wireless communication markets, significant expansion related to both 5G and fiber deployment will benefit its communications business. MasTec outperformed the industry in the past one year." (8/8/2017)
  • 2. Canaccord Genuity analysts commented, "We reiterate a BUY rating for MTZ following upside for Q4 and 2017 guidance above expectations. Oil and Gas looks to be the primary driver of growth again in 2017, but with a cessation of the EBITDA headwinds in Electrical Transmission enhancing the profitability outlook as well. Importantly the long term view for Communications looks constructive especially for gigabit fiber and 5G deployments. While management was cautious with its commentary on Oil and Gas margins in 2H17, we believe upside could materialize in this segment if MTZ can execute at a level similar to 2016. We are increasing our estimates and our price target is raised to $48 from $42. Investment highlights MTZ reported Q4/16 earnings results of $1341.9M in revenues and adjusted EPS of $0.70, ahead of our estimates and consensus of $1302.8M/$0.54 and $1310M/ $0.54 respectively and guidance of $1.3B in revenues and EPS of $0.54. Upside was from strength in Oil and Gas and a return to profitability for the Electrical Transmission segment, which was EBITDA positive for the first time in eight quarters." (2/24/2017)
  • 3. FBR & Co analysts commented, "On Thursday, February 23 after the close, MasTec announced 4Q16 results that were well ahead of our and consensus expectations and provided 2017 EPS guidance that is 12% above consensus estimates. In summary, the strong quarter and outlook were principally driven by the outstanding performance within the company's oil and gas segment, where the company has mostly completed the Dakota Access pipeline and just recently started construction on the Rover pipeline. MTZ has a high level of visibility into 2017, and specifically within the O&G segment, could become a major beneficiary of a pro-energy infrastructure Administration in Washington over the next few years. We will have more details following the company's conference call this morning." (2/24/2017)

Who are some of MasTec's key competitors?

Who are MasTec's key executives?

MasTec's management team includes the folowing people:

  • Jorge L. Mas, Chairman of the Board
  • Jose R. Mas, Chief Executive Officer, Director
  • George L. Pita, Chief Financial Officer, Executive Vice President
  • Robert E. Apple, Chief Operating Officer
  • Alberto I. De Cardenas, Executive Vice President, General Counsel, Secretary
  • C. Robert Campbell, Director
  • Ernst N. Csiszar, Independent Director
  • Robert J. Dwyer, Independent Director
  • Julia L. Johnson J.D., Independent Director
  • Javier Alberto Palomarez, Independent Director

Who owns MasTec stock?

MasTec's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.72%), BlackRock Inc. (6.01%), Dimensional Fund Advisors LP (4.36%), Macquarie Group Ltd. (3.19%), Frontier Capital Management Co. LLC (2.81%) and Prudential Financial Inc. (1.79%). Company insiders that own MasTec stock include C Robert Campbell, Jorge Mas, Jose S Sorzano, Robert E Apple and Robert J Dwyer. View Institutional Ownership Trends for MasTec.

Who sold MasTec stock? Who is selling MasTec stock?

MasTec's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Frontier Capital Management Co. LLC, Nomura Holdings Inc., BlackRock Inc., JPMorgan Chase & Co., Macquarie Group Ltd., Algert Global LLC and Schwab Charles Investment Management Inc.. Company insiders that have sold MasTec stock in the last year include C Robert Campbell, Jose S Sorzano and Robert E Apple. View Insider Buying and Selling for MasTec.

Who bought MasTec stock? Who is buying MasTec stock?

MasTec's stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Gotham Asset Management LLC, Koch Industries Inc., Russell Investments Group Ltd., Vanguard Group Inc., Westfield Capital Management Co. LP, 1060 Capital LLC and Fiera Capital Corp. View Insider Buying and Selling for MasTec.

How do I buy MasTec stock?

Shares of MasTec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MasTec's stock price today?

One share of MasTec stock can currently be purchased for approximately $45.90.

MarketBeat Community Rating for MasTec (NYSE MTZ)
Community Ranking:  3.6 out of 5 (star star star)
Outperform Votes:  364 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  511
MarketBeat's community ratings are surveys of what our community members think about MasTec and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MasTec (NYSE:MTZ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: $54.56 (18.87% upside)

Analysts' Ratings History for MasTec (NYSE:MTZ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2017KeyCorpReiterated RatingBuy$51.00MediumView Rating Details
9/12/2017Deutsche Bank AGUpgradeHold -> Buy$50.00HighView Rating Details
8/19/2017Stifel NicolausReiterated RatingBuy$55.50LowView Rating Details
8/18/2017Citigroup Inc.UpgradeNeutral -> Buy$49.00MediumView Rating Details
8/15/2017Canaccord GenuityReiterated RatingBuy$55.00HighView Rating Details
8/7/2017FBR & CoBoost Price TargetOutperform -> Outperform$57.00 -> $66.00HighView Rating Details
7/24/2017Credit Suisse GroupUpgradeNeutral -> Outperform$46.00 -> $55.00HighView Rating Details
5/8/2017DA DavidsonBoost Price TargetBuy$50.00 -> $55.00LowView Rating Details
11/18/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
8/25/2016Robert W. BairdInitiated CoverageNeutral$16.00N/AView Rating Details
8/9/2016Maxim GroupBoost Price TargetBuy$26.00 -> $35.00N/AView Rating Details
8/8/2016WunderlichBoost Price TargetBuy$28.00 -> $35.00N/AView Rating Details
11/12/2015Craig HallumInitiated CoverageBuyN/AView Rating Details
(Data available from 9/24/2015 forward)


Earnings History for MasTec (NYSE:MTZ)
Earnings by Quarter for MasTec (NYSE:MTZ)
Earnings History by Quarter for MasTec (NYSE MTZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017Q2 2017$0.65$0.99$1.50 billion$1.89 billionViewListenView Earnings Details
5/4/2017Q1 2017$0.51$0.59$1.06 billion$1.16 billionViewListenView Earnings Details
2/23/2017Q416$0.54$0.70$1.31 billion$1.34 billionViewListenView Earnings Details
11/3/2016Q316$0.69$0.81$1.50 billion$1.59 billionViewListenView Earnings Details
8/4/2016Q216$0.23$0.36$1.16 billion$1.23 billionViewListenView Earnings Details
5/5/2016Q116($0.02)$0.02$950.93 million$974.20 millionViewListenView Earnings Details
2/25/2016Q415$0.12$0.21$958.60 million$1.03 billionViewListenView Earnings Details
11/3/2015Q315$0.33$0.26$1.14 billion$1.10 billionViewN/AView Earnings Details
8/17/2015Q215$0.08$0.10$1.03 billion$1.07 billionViewListenView Earnings Details
5/11/2015Q115$0.14$0.07$1,000.00 million$1.00 billionViewListenView Earnings Details
2/26/2015Q414$0.35$0.40$1.22 billion$1.24 billionViewListenView Earnings Details
10/30/2014Q314$0.53$0.53$1.31 billion$1.27 billionViewListenView Earnings Details
8/11/2014Q214$0.37$0.37$1.09 billion$1.10 billionViewListenView Earnings Details
5/1/2014Q114$0.20$0.21$920.95 million$964.00 millionViewListenView Earnings Details
2/27/2014Q413$0.52$0.53$1.09 billion$1.16 billionViewListenView Earnings Details
11/1/2013Q313$0.60$0.61$1.16 billion$1.27 billionViewListenView Earnings Details
8/1/2013Q2 2013$0.43$0.47$960.01 million$978.00 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.24$0.27$854.87 million$918.60 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.45$0.46$889.00 million$932.36 millionViewListenView Earnings Details
11/1/2012Q312$0.52$0.53$986.08 million$1.07 billionViewN/AView Earnings Details
8/2/2012$0.35$0.37ViewN/AView Earnings Details
5/3/2012$0.16$0.17ViewN/AView Earnings Details
2/29/2012$0.14$0.15ViewN/AView Earnings Details
11/3/2011$0.36$0.36ViewN/AView Earnings Details
8/3/2011$0.28$0.31ViewN/AView Earnings Details
5/5/2011$0.24$0.26ViewN/AView Earnings Details
2/23/2011$0.37$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for MasTec (NYSE:MTZ)
2017 EPS Consensus Estimate: $2.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.20$0.48$0.40
Q2 20174$0.61$0.62$0.61
Q3 20174$0.68$0.73$0.70
Q4 20174$0.33$0.45$0.41
(Data provided by Zacks Investment Research)


Dividend History for MasTec (NYSE:MTZ)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for MasTec (NYSE:MTZ)
Insider Ownership Percentage: 20.30%
Institutional Ownership Percentage: 70.62%
Insider Trades by Quarter for MasTec (NYSE:MTZ)
Institutional Ownership by Quarter for MasTec (NYSE:MTZ)
Insider Trades by Quarter for MasTec (NYSE:MTZ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/28/2017C Robert CampbellDirectorSell12,000$45.00$540,000.00View SEC Filing  
6/9/2017Jose S SorzanoDirectorSell2,391$45.56$108,933.96View SEC Filing  
4/26/2017Robert E AppleCOOSell25,000$45.06$1,126,500.00View SEC Filing  
6/22/2016Robert E AppleCOOSell13,739$23.77$326,576.03View SEC Filing  
6/20/2016Robert E AppleCOOSell40,000$23.57$942,800.00View SEC Filing  
3/21/2016Robert J DwyerDirectorSell5,860$19.96$116,965.60View SEC Filing  
9/30/2015Jorge MasDirectorBuy117,700$15.81$1,860,837.00View SEC Filing  
8/31/2015Julia L. JohnsonDirectorBuy15,000$15.86$237,900.00View SEC Filing  
8/26/2015Jose Ramon MasCEOBuy17,000$14.63$248,710.00View SEC Filing  
8/20/2015James William CollinsDirectorBuy200,002$0.04$8,000.08
8/20/2015Jorge MasDirectorBuy276,000$16.33$4,507,080.00View SEC Filing  
8/20/2015Jose Ramon MasCEOBuy397,647$16.34$6,497,551.98View SEC Filing  
8/18/2015James William CollinsDirectorBuy289,998$0.06$18,269.87
7/13/2015James William CollinsDirectorBuy10,000$0.09$886.00
10/30/2014James William CollinsDirectorBuy4,500$0.16$733.95
10/29/2014James William CollinsDirectorBuy88,000$0.15$12,839.20
10/27/2014James William CollinsDirectorBuy12,000$0.14$1,735.20
3/21/2014Jose Ramon MasCEOSell28,398$42.74$1,213,730.52View SEC Filing  
3/21/2014Robert AppleCOOSell11,324$42.45$480,703.80View SEC Filing  
2/20/2014Julia JohnsonDirectorSell10,000$37.04$370,400.00View SEC Filing  
1/15/2014Julia JohnsonDirectorSell7,500$35.01$262,575.00View SEC Filing  
8/14/2013Jose Ramon MasCEOSell34,844$33.32$1,161,002.08View SEC Filing  
7/22/2013Robert J DwyerDirectorSell20,000$32.47$649,400.00View SEC Filing  
7/11/2013C Robert CampbellCFOSell20,020$34.00$680,680.00View SEC Filing  
6/17/2013Jose S SorzanoDirectorSell35,000$31.84$1,114,400.00View SEC Filing  
5/15/2013C Robert CampbellCFOSell19,980$32.00$639,360.00View SEC Filing  
12/3/2012C Robert CampbellCFOSell1,674$23.00$38,502.00View SEC Filing  
11/12/2012C Robert CampbellCFOSell22,222$23.00$511,106.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for MasTec (NYSE:MTZ)
Latest Headlines for MasTec (NYSE:MTZ)
DateHeadline logoMasTec, Inc. (MTZ) Given Consensus Rating of "Buy" by Brokerages - September 23 at 10:48 PM logoETFs with exposure to MasTec, Inc. : September 22, 2017 - September 23 at 8:28 AM logo$0.74 Earnings Per Share Expected for MasTec, Inc. (MTZ) This Quarter - September 23 at 4:20 AM logoMasTec, Inc. :MTZ-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017 - September 22 at 9:44 AM logoMasTec, Inc. (MTZ) Earns "Buy" Rating from KeyCorp - September 19 at 1:52 PM logoMasTec (MTZ) Presents At Morgan Stanley 5th Annual Laguna Conference - Slideshow - September 15 at 6:32 AM logoMastec Earns IBD Rating Upgrade - September 15 at 6:32 AM logoChicago Bridge & Iron Wins Storage Project in Central Asia - Nasdaq - September 14 at 8:01 AM logoLayne Christensen (LAYN) Catches Eye: Stock Jumps 7.8% - September 14 at 8:01 AM logoSterling Construction (STRL) Unit Wins $26M Project in Texas - September 13 at 6:50 AM logoQuanex Building (NX) Q3 Earnings Miss Estimates, Up Y/Y - September 9 at 6:27 AM logoMasTec Senior Management to Present at Morgan Stanley and D.A. Davidson Conferences in Dana Point, California and Chicago - September 8 at 6:07 AM logoMasTec, Inc. (MTZ) Expected to Post Quarterly Sales of $1.65 Billion - September 6 at 11:27 AM logoHeavy Construction Stock Performance Review -- Dycom Industries, Fluor, Granite Construction, and MasTec - PR Newswire (press release) - September 6 at 6:32 AM logoWhy Is MasTec (MTZ) Down 8.3% Since the Last Earnings Report? - September 4 at 7:41 PM logoMasTec, Inc. (MTZ) Lowered to "Buy" at ValuEngine - September 2 at 8:50 PM logoBullish Two Hundred Day Moving Average Cross - MTZ - September 2 at 6:30 AM logoStocks Showing Improved Relative Strength: Mastec - August 31 at 7:33 AM logoTutor Perini (TPC) Wing BCC Wins $78M U.S. Naval Contract - August 31 at 7:33 AM logoMasTec, Inc. (MTZ) Given Average Rating of "Buy" by Brokerages - August 29 at 10:50 PM logoMasTec, Inc. (MTZ) Rating Lowered to Hold at BidaskClub - August 28 at 7:28 PM logoMasTec Advanced Technologies Integrates Data Systems to Help Streamline Fleet Operations - August 23 at 8:39 AM logoEarnings Review and Free Research Report: MasTec Reported Record Net Income and Earnings per Share - August 23 at 8:39 AM logoMasTec, Inc. (MTZ) Upgraded to "Buy" at Citigroup Inc. - August 19 at 11:32 PM logoMasTec's (MTZ) "Buy" Rating Reaffirmed at Stifel Nicolaus - August 19 at 10:20 AM logoMasTec, Inc. – Value Analysis (NYSE:MTZ) : August 19, 2017 - August 19 at 3:58 AM logo Brokerages Expect MasTec, Inc. (MTZ) Will Post Quarterly Sales of $1.65 Billion - August 18 at 3:28 AM logo Analysts Anticipate MasTec, Inc. (MTZ) Will Announce Earnings of $0.70 Per Share - August 16 at 10:28 PM logoBull of the Day: MasTec (MTZ) - August 16 at 6:24 AM logoCanaccord Genuity Reaffirms "Buy" Rating for MasTec, Inc. (MTZ) - August 15 at 10:32 PM logoMasTec, Inc. (MTZ) Downgraded by BidaskClub to Buy - August 13 at 12:44 AM logoWhy You Should Add MasTec (MTZ) Stock to Your Portfolio - August 11 at 6:44 AM logoQ3 2017 EPS Estimates for MasTec, Inc. Raised by KeyCorp (NYSE:MTZ) - August 10 at 9:20 AM logoMasTec, Inc. breached its 50 day moving average in a Bearish Manner : MTZ-US : August 7, 2017 - August 7 at 8:15 PM logoETFs with exposure to MasTec, Inc. : August 7, 2017 - August 7 at 8:15 PM logoMasTec, Inc. (NYSE:MTZ) PT Raised to $66.00 at FBR & Co - August 7 at 10:14 AM logoValuEngine Upgrades MasTec, Inc. (NYSE:MTZ) to Strong-Buy - August 6 at 10:40 AM logoMasTec (MTZ) Tops Q2 Earnings on Record Oil & Gas Projects - August 6 at 12:48 AM logoEdited Transcript of MTZ earnings conference call or presentation 4-Aug-17 1:00pm GMT - August 5 at 1:37 AM logoMasTec, Inc. (NYSE:MTZ) Given Average Rating of "Buy" by Analysts - August 4 at 10:38 PM logoMasTec, Inc. (NYSE:MTZ) Announces Earnings Results - August 4 at 5:46 PM logoMasTec (MTZ) Tops Q2 Earnings on Record Oil & Gas Projects - Nasdaq - August 4 at 3:33 PM logoMasTech tops Street 2Q forecasts - August 4 at 5:50 AM logoMasTec Announces Record Second Quarter 2017 Financial Results and Increased 2017 Annual Guidance - August 4 at 5:50 AM logoMasTec, Inc. (NYSE:MTZ) Releases FY17 Earnings Guidance - August 3 at 9:40 PM logoMasTec, Inc. (MTZ) Issues Q3 Earnings Guidance - August 3 at 9:40 PM logoMasTec Senior Management to Present at Jefferies and Canaccord Genuity Conferences in New York and Boston - August 3 at 6:05 AM logo$0.62 Earnings Per Share Expected for MasTec, Inc. (NYSE:MTZ) This Quarter - July 29 at 6:37 PM logoETFs with exposure to MasTec, Inc. : July 28, 2017 - July 29 at 4:57 AM logoWhat You Should Know About The Likely New Owner Of The Miami Marlins - July 22 at 6:43 AM



MasTec (MTZ) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff