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Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
'Civil War’ continues box-office campaign at No. 1
New York lawmakers pass $237 billion budget with policies to jump-start housing market
NYSE:MTZ

MasTec (MTZ) Stock Price, News & Analysis

$84.42
+0.98 (+1.17%)
(As of 04/19/2024 ET)
Today's Range
$83.04
$84.95
50-Day Range
$69.31
$94.98
52-Week Range
$44.65
$123.33
Volume
676,220 shs
Average Volume
636,272 shs
Market Capitalization
$6.71 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$96.46

MasTec MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
14.3% Upside
$96.46 Price Target
Short Interest
Healthy
5.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.30mentions of MasTec in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
59.66%
From $2.33 to $3.72 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.65 out of 5 stars

Construction Sector

46th out of 102 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 5 stocks

MTZ stock logo

About MasTec Stock (NYSE:MTZ)

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company build infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and civil and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

MTZ Stock Price History

MTZ Stock News Headlines

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SUM Dec 2024 35.000 put
MTZ Dec 2024 110.000 put
MTZ Apr 2024 100.000 call
What Analysts Are Saying About MasTec Stock
Company News for Mar 4, 2024
MasTec, Inc. (MTZ) Q4 2023 Earnings Call Transcript
Q4 2023 MasTec Inc Earnings Call Transcript
MasTec: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/21/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
34,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$96.46
High Stock Price Target
$130.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$-49,950,000.00
Pretax Margin
-0.69%

Debt

Sales & Book Value

Annual Sales
$12.00 billion
Cash Flow
$9.41 per share
Book Value
$34.52 per share

Miscellaneous

Free Float
62,558,000
Market Cap
$6.71 billion
Optionable
Optionable
Beta
1.62
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MTZ Stock Analysis - Frequently Asked Questions

Should I buy or sell MasTec stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MTZ shares.
View MTZ analyst ratings
or view top-rated stocks.

What is MasTec's stock price target for 2024?

12 Wall Street research analysts have issued 1-year target prices for MasTec's shares. Their MTZ share price targets range from $61.00 to $130.00. On average, they predict the company's share price to reach $96.46 in the next twelve months. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for MTZ
or view top-rated stocks among Wall Street analysts.

How have MTZ shares performed in 2024?

MasTec's stock was trading at $75.72 at the beginning of the year. Since then, MTZ shares have increased by 11.5% and is now trading at $84.42.
View the best growth stocks for 2024 here
.

Are investors shorting MasTec?

MasTec saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 3,390,000 shares, a drop of 15.9% from the February 29th total of 4,030,000 shares. Based on an average daily trading volume, of 958,900 shares, the days-to-cover ratio is currently 3.5 days. Approximately 5.5% of the shares of the company are sold short.
View MasTec's Short Interest
.

When is MasTec's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MTZ earnings forecast
.

How can I listen to MasTec's earnings call?

MasTec will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) posted its quarterly earnings results on Thursday, February, 29th. The construction company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.20. The construction company had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.26 billion. MasTec had a negative net margin of 0.42% and a positive trailing twelve-month return on equity of 4.82%.

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

MasTec issued an update on its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of -0.480--0.480 for the period, compared to the consensus estimate of -0.200. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.7 billion.

What is José R. Mas' approval rating as MasTec's CEO?

210 employees have rated MasTec Chief Executive Officer José R. Mas on Glassdoor.com. José R. Mas has an approval rating of 61% among the company's employees. This puts José R. Mas in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MasTec own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MasTec investors own include Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), AT&T (T), Bank of America (BAC), Cisco Systems (CSCO), Johnson & Johnson (JNJ), CVS Health (CVS) and Walt Disney (DIS).

Who are MasTec's major shareholders?

MasTec's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.51%), Bridge City Capital LLC (0.04%), Bouvel Investment Partners LLC (0.03%), State of Michigan Retirement System (0.02%), Thompson Investment Management Inc. (0.01%) and Oak Thistle LLC (0.01%). Insiders that own company stock include C Robert Campbell, Paul Dimarco and Timothy Michael Love.
View institutional ownership trends
.

How do I buy shares of MasTec?

Shares of MTZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MTZ) was last updated on 4/21/2024 by MarketBeat.com Staff

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