MasTec Company Profile (NYSE:MTZ)

About MasTec

MasTec logoMasTec, Inc. is an infrastructure construction company. The Company operates primarily across North America through a range of industries. Its primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as wireless, wireline or fiber and satellite communications; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; power generation, and industrial infrastructure. It manages its operations under five operating segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. It offers its services primarily under the MasTec service mark and has operations across approximately 470 locations. It provides services under master service and other service agreements, which are generally multi-year agreements. It offers its service offerings in markets, including wireless services and electrical transmission.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Exchange: NYSE
  • Symbol: MTZ
  • CUSIP: 57632310
Key Metrics:
  • Previous Close: $40.00
  • 50 Day Moving Average: $37.51
  • 200 Day Moving Average: $33.56
  • 52-Week Range: $15.85 - $41.90
  • Trailing P/E Ratio: 3636.36
  • Foreward P/E Ratio: 17.06
  • P/E Growth: 1.27
  • Market Cap: $3.22B
  • Outstanding Shares: 80,470,000
  • Beta: 1.36
Profitability:
  • Net Margins: 0.02%
  • Return on Equity: 10.76%
  • Return on Assets: 3.41%
Debt:
  • Debt-to-Equity Ratio: 0.92%
  • Current Ratio: 1.51%
  • Quick Ratio: 1.39%
Additional Links:
Companies Related to MasTec:

Analyst Ratings

Consensus Ratings for MasTec (NYSE:MTZ) (?)
Ratings Breakdown: 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.55)
Consensus Price Target: $36.30 (9.48% downside)

Analysts' Ratings History for MasTec (NYSE:MTZ)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Canaccord GenuityReiterated RatingBuy$48.00View Rating Details
2/24/2017FBR & CoReiterated RatingOutperform$50.00View Rating Details
2/16/2017DA DavidsonReiterated RatingNeutralView Rating Details
1/23/2017Citigroup Inc.Boost Price TargetNeutral$32.00 -> $38.00View Rating Details
11/29/2016KeyCorpBoost Price TargetOverweight$36.00 -> $42.00View Rating Details
11/18/2016Avondale PartnersDowngradeOutperform -> Market PerformView Rating Details
11/14/2016Stifel NicolausBoost Price TargetBuy$35.00 -> $40.00View Rating Details
8/25/2016Robert W. BairdInitiated CoverageNeutral$16.00View Rating Details
8/9/2016Maxim GroupBoost Price TargetBuy$26.00 -> $35.00View Rating Details
8/8/2016WunderlichBoost Price TargetBuy$28.00 -> $35.00View Rating Details
4/7/2016Deutsche Bank AGLower Price TargetBuy -> Hold$22.00 -> $20.00View Rating Details
11/12/2015Craig HallumInitiated CoverageBuyView Rating Details
9/18/2015StephensReiterated RatingBuy$24.00View Rating Details
3/2/2015Barclays PLCLower Price TargetOverweight$27.00 -> $26.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for MasTec (NYSE:MTZ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
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$0.15$0.10$1.03 billion$1.07 billionViewListenView Earnings Details
5/11/2015Q115$0.18$0.07$1,000.00 million$1.00 billionViewListenView Earnings Details
2/26/2015Q414$0.38$0.40$1.22 billion$1.24 billionViewListenView Earnings Details
10/30/2014Q314$0.55$0.56$1.31 billion$1.27 billionViewListenView Earnings Details
8/11/2014Q214$0.40$0.40$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)

Estimates

Earnings Estimates for MasTec (NYSE:MTZ)
Current Year EPS Consensus Estimate: $2.09 EPS
Next Year EPS Consensus Estimate: $2.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.03$0.03$0.03
Q2 20161$0.31$0.31$0.31
Q3 20164$0.40$0.67$0.60
Q4 20164$0.47$0.50$0.48
Q1 20171$0.20$0.20$0.20
Q2 20171$0.55$0.55$0.55
Q3 20171$0.79$0.79$0.79
Q4 20171$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History for MasTec (NYSE:MTZ)
Insider Ownership Percentage: 20.40%
Institutional Ownership Percentage: 68.50%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for MasTec (NYSE:MTZ)
DateHeadline
News IconTraders Secrets on MasTec, Inc. (MTZ), Retail Opportunity Investments Corp. (ROIC) - StockNewsJournal (NYSE:MTZ)
www.stocknewsjournal.com - February 24 at 4:05 PM
biz.yahoo.com logoMASTEC INC Files SEC form 10-K, Annual Report (NYSE:MTZ)
biz.yahoo.com - February 24 at 9:16 AM
biz.yahoo.com logoMASTEC INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Sta (NYSE:MTZ)
biz.yahoo.com - February 24 at 9:16 AM
biz.yahoo.com logoMasTec Inc Earnings Call scheduled for 9:00 am ET today (NYSE:MTZ)
biz.yahoo.com - February 24 at 9:16 AM
4-traders.com logoMasTec : MasTech tops Street 4Q forecasts (NYSE:MTZ)
www.4-traders.com - February 23 at 11:46 PM
News IconHow Is MasTec Inc’s (MTZ) Financial Condition? (NYSE:MTZ)
simplywall.st - February 23 at 11:46 PM
us.rd.yahoo.com logo5:48 pm MasTec beats by $0.16, beats on revs; guides Q1 / FY17 EPS above consensus (NYSE:MTZ)
us.rd.yahoo.com - February 23 at 11:46 PM
fool.com logoMasTec Soars on Energy's Rebound, Hopes for Infrastructure Boom (NYSE:MTZ)
www.fool.com - February 23 at 11:46 PM
us.rd.yahoo.com logoMasTec Announces Fourth Quarter and Annual Results, Amended and Expanded Credit Facility and Issues 2017 Guidance (NYSE:MTZ)
us.rd.yahoo.com - February 23 at 6:45 PM
sg.finance.yahoo.com logoMasTech tops Street 4Q forecasts (NYSE:MTZ)
sg.finance.yahoo.com - February 23 at 6:45 PM
biz.yahoo.com logoQ4 2016 MasTec Inc Earnings Release - After Market Close (NYSE:MTZ)
biz.yahoo.com - February 23 at 8:28 AM
News IconWhat is the Street Saying About MasTec, Inc. (NYSE:MTZ)? - Aiken Advocate (NYSE:MTZ)
aikenadvocate.com - February 20 at 6:03 PM
finance.yahoo.com logoMasTec Schedules Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:MTZ)
finance.yahoo.com - February 16 at 6:17 PM
News IconMomentum Watch on Shares of MasTec, Inc. (NYSE:MTZ) - Baldwin Journal (NYSE:MTZ)
baldwinjournal.com - February 15 at 1:57 AM
News IconWatching the Numbers for MasTec Inc. (MTZ) - Benton Bulletin (NYSE:MTZ)
bentonbulletin.com - February 13 at 7:51 PM
capitalcube.com logoMasTec, Inc. breached its 50 day moving average in a Bullish Manner : MTZ-US : February 8, 2017 (NYSE:MTZ)
www.capitalcube.com - February 8 at 7:35 PM
finance.yahoo.com logoSterling Construction JV Wins $139M Highway Project in Utah (NYSE:MTZ)
finance.yahoo.com - February 7 at 8:01 PM
News IconStock Price of MasTec, Inc. (MTZ) Increases 0.39% - Morning Outlook (NYSE:MTZ)
www.morningoutlook.com - February 6 at 9:44 AM
News IconThe Way Wall Street Experts See MasTec, Inc. (NYSE:MTZ) - Post Analyst (NYSE:MTZ)
postanalyst.com - February 6 at 9:44 AM
fool.com logoWhy MasTec, Inc.'s Shares Popped 12% on Friday - Motley Fool (NYSE:MTZ)
www.fool.com - February 4 at 5:28 AM
fool.com logoWhy MasTec, Inc.'s Shares Popped 12% on Friday (NYSE:MTZ)
www.fool.com - February 3 at 7:27 PM
News IconPipeline projects in limbo as energy commissioner departs - Washington Post (NYSE:MTZ)
www.washingtonpost.com - February 3 at 7:00 PM
News IconStock Perspective: MasTec, Inc. (NYSE:MTZ) Earnings in View - Aiken Advocate (NYSE:MTZ)
aikenadvocate.com - January 31 at 12:23 AM
realistinvestor.com logoMasTec, Inc. (NYSE:MTZ) Deferred Tax Assets At $8.851 Millions - RealistInvestor.com (NYSE:MTZ)
www.realistinvestor.com - January 28 at 6:50 PM
News IconTechnical Investor Update on Shares of MasTec Inc. (MTZ) - Springdale Times (NYSE:MTZ)
springdaletimes.com - January 28 at 6:50 PM
News IconEarnings in Full Force, Analysts Take Aim at MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 28 at 6:50 PM
News IconMonitoring Relative Strength Index Values for MasTec Inc. (MTZ) - Springdale Times (NYSE:MTZ)
springdaletimes.com - January 28 at 6:50 PM
News IconStock Watch for MasTec, Inc. (NYSE:MTZ) - The Tribune (NYSE:MTZ)
lakecitytribune.com - January 26 at 10:28 PM
capitalcube.com logoMasTec, Inc. breached its 50 day moving average in a Bullish Manner : MTZ-US : January 25, 2017 (NYSE:MTZ)
www.capitalcube.com - January 25 at 8:14 PM
investors.com logoMarket Charges Into New Highs, Dow 20,000 Achieved; Amazon Adds To Breakout (NYSE:MTZ)
www.investors.com - January 25 at 8:14 PM
News IconWhy Shares of MasTec, Inc. Jumped 11% Today - Madison.com (NYSE:MTZ)
host.madison.com - January 25 at 1:39 AM
News IconMarket Focus- Increased Volatility Recorded on Shares of MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 24 at 7:28 PM
News IconMasTec Inc. (MTZ) Stock Price Target Moved to $38.00 at Citigroup - BNB Daily (blog) (NYSE:MTZ)
www.baseball-news-blog.com - January 24 at 7:28 PM
fool.com logoWhy Shares of MasTec, Inc. Jumped 11% Today (NYSE:MTZ)
www.fool.com - January 24 at 4:47 PM
News IconTechnical Buzz on MasTec, Inc. (NYSE:MTZ) - The Tribune (NYSE:MTZ)
lakecitytribune.com - January 24 at 12:02 AM
News IconEarnings According to Analysts for MasTec, Inc. (NYSE:MTZ)? - Aiken Advocate (NYSE:MTZ)
aikenadvocate.com - January 24 at 12:02 AM
finance.yahoo.com logoTutor Perini Gets Notice for $1.4B LA County MTA Contract (NYSE:MTZ)
finance.yahoo.com - January 18 at 7:16 PM
News IconWhat are Research Firms Saying About MasTec, Inc. (NYSE:MTZ)? - Aiken Advocate (NYSE:MTZ)
aikenadvocate.com - January 17 at 11:37 AM
News IconWill The Needle Move For MasTec, Inc. (NYSE:MTZ) Shares This Earnings Season? - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 14 at 1:03 AM
realistinvestor.com logoQuarterly Deferred Tax Assets Of MasTec, Inc. (NYSE:MTZ) At $8.851 Millions (NYSE:MTZ)
www.realistinvestor.com - January 13 at 8:02 PM
News IconEnterprise Value Review for MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 12 at 5:19 AM
News IconCompany Focus on Shares of MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 10 at 8:42 AM
News IconNarrowing in on the Numbers for MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 7 at 12:24 AM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for January 6th (NYSE:MTZ)
finance.yahoo.com - January 6 at 7:24 PM
News IconProfitability Analysis To Overcome Risk: MasTec, Inc. (NYSE:MTZ), Covanta Holding Corporation (NYSE:CVA) - Street Wise Report (press release) (blog) (NYSE:MTZ)
streetwisereport.com - January 4 at 7:30 PM
News IconNews Review: MasTec, Inc. (NYSE:MTZ), Public Service Enterprise Group Inc. (NYSE:PEG) - The Newburgh Press (NYSE:MTZ)
newburghpress.com - January 4 at 7:30 PM
News IconMarket Survey: Checking on Shares of MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - January 4 at 7:30 PM
4-traders.com logoMasTec : How These Heavy Construction Stocks are Faring? -- Fluor, Dycom Industries, Tutor Perini, and MasTec (NYSE:MTZ)
www.4-traders.com - January 3 at 10:44 AM
News IconEV Check on Shares of MasTec, Inc. (NYSE:MTZ) - Wall Street Beacon (NYSE:MTZ)
wsbeacon.com - December 31 at 6:29 PM
marketexclusive.com logoAnalyst Activity – Canaccord Genuity Reiterates Buy on MasTec (NYSE:MTZ) (NYSE:MTZ)
marketexclusive.com - December 31 at 12:03 AM

Social

What is MasTec's stock symbol?

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

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

11 brokerages have issued 12 month price objectives for MasTec's shares. Their forecasts range from $16.00 to $50.00. On average, they anticipate MasTec's stock price to reach $36.30 in the next year.

When will MasTec announce their earnings?

MasTec is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

What are analysts saying about MasTec stock?

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

  • 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)

  • 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)
  • According to Zacks Investment Research, "For fourth-quarter 2016 MasTec expects revenues of $1.3 billion, adjusted EBITDA of $132 million and earnings per share of $0.54 per share, a respective year-over-year increase of 27%, 61% and 157%. For 2016, MasTec raised its adjusted earnings per share guidance to $1.73 and revenues to $5.1 billion and adjusted EBITDA to $455 million. The company will benefit from full ramp-up on several large oil and gas projects along with a strong backlog. Further, strong demand in electric distribution and fiber rollout as well as opportunities in the wireless market remain tailwinds.The company's share price has outperformed the Zacks categorized sub industry over the last six months. However, MasTec’s 2016 results will be affected by weakness in Canadian Oil and Gas business as well as the Transmission business. Further, stiff competition remains a headwind for the company." (1/4/2017)

Who owns MasTec stock?

MasTec's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.66%), Frontier Capital Management Co. LLC (3.59%), State Street Corp (1.49%), Allianz Asset Management AG (0.87%), FIL Ltd (0.71%) and FMR LLC (0.67%). Company insiders that own MasTec stock include James William Collins, Jorge Mas, Jose Ramon Mas, Julia L Johnson, Robert E Apple and Robert J Dwyer.

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 Frontier Capital Management Co. LLC, Cortina Asset Management LLC, Billings Capital Management LLC, FIL Ltd, Dimensional Fund Advisors LP, Royce & Associates LP, Oxford Asset Management and Two Sigma Investments LP. Company insiders that have sold MasTec stock in the last year include Robert E Apple and Robert J Dwyer.

Who bought MasTec stock? Who is buying MasTec stock?

MasTec's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., 1060 Capital LLC, Thomas J. Herzfeld Advisors Inc., Turner Investments LLC, State Street Corp, Menta Capital LLC and Federated Investors Inc. PA. Company insiders that have bought MasTec stock in the last two years include James William Collins, Jorge Mas, Jose Ramon Mas and Julia L Johnson.

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.

How much does a share of MasTec stock cost?

One share of MasTec stock can currently be purchased for approximately $40.10.

MasTec (NYSE:MTZ) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for MasTec (NYSE:MTZ)

Earnings History Chart

Earnings by Quarter for MasTec (NYSE:MTZ)

Dividend History Chart

Dividend Payments by Quarter for MasTec (NYSE:MTZ)

Last Updated on 2/24/2017 by MarketBeat.com Staff