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Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
How major US stock indexes fared Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
Critical asset just had biggest fall on record (Ad)
Question of whether Nebraska public money can go to private schools still set for November ballot
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:MTZ

MasTec (MTZ) Stock Price, News & Analysis

$84.85
+9.39 (+12.44%)
(As of 03/1/2024 ET)
Today's Range
$80.47
$87.19
50-Day Range
$63.12
$84.85
52-Week Range
$44.65
$123.33
Volume
3.16 million shs
Average Volume
836,412 shs
Market Capitalization
$6.69 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$94.17

MasTec MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
11.0% Upside
$94.17 Price Target
Short Interest
Healthy
6.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.72mentions of MasTec in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
55.56%
From $1.44 to $2.24 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.

3.74 out of 5 stars

Industrials Sector

7th out of 21 stocks

Engineering & Construction Industry

2nd out of 2 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 builds underground and overhead distribution systems, including trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; natural gas, carbon capture sequestration, and other product transport; electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure; compressor and pump stations, and treatment plants; and water infrastructure, including water pipelines. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. 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 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, pipeline operators, heavy 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

This infrastructure construction stock: Is it ready to pop?
As everyone focuses on technology stocks and artificial intelligence hype, names like Nvidia Corp. NASDAQ: NVDA keep beating expectations and breaking past all-time high prices. You can focus on other underrated spaces of the economy, such as construction stocks.
This infrastructure construction stock: Is it ready to pop? (MTZ)
It seems like most of Wall Street is now blowing on the tailwinds behind construction stocks. MasTec is in a unique situation to catch up by double-digits.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Q4 2023 MasTec Inc Earnings Call Transcript
MasTec: Q4 Earnings Snapshot
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
MasTec's Earnings: A Preview
MasTec is about to announce earnings — here's what Wall Street expects
MasTec (MTZ) to Release Earnings on Thursday
MTZ Mar 2024 40.000 put
MTZ Mar 2024 60.000 put
MTZ Mar 2024 55.000 call
MasTec: Corrected Heavily But Still Expensive
Good Buy or Goodbye: Ferrovial vs. Mastec
Good Buy or Goodbye: Ferrovial vs. MasTec ?
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
3/01/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engineering & Construction
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
32,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$94.17
High Stock Price Target
$130.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+11.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
11 Analysts

Profitability

Net Income
$33.35 million
Pretax Margin
-0.60%

Debt

Sales & Book Value

Annual Sales
$11.72 billion
Cash Flow
$10.40 per share
Book Value
$34.87 per share

Miscellaneous

Free Float
62,034,000
Market Cap
$6.69 billion
Optionable
Optionable
Beta
1.57
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MTZ Stock Analysis - Frequently Asked Questions

Should I buy or sell MasTec stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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?

11 Wall Street research analysts have issued twelve-month price objectives for MasTec's stock. Their MTZ share price targets range from $55.00 to $130.00. On average, they expect the company's stock price to reach $94.17 in the next twelve months. This suggests a possible upside of 11.0% 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 2024. Since then, MTZ stock has increased by 12.1% and is now trading at $84.85.
View the best growth stocks for 2024 here
.

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 were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) issued its quarterly earnings data on Thursday, November, 4th. The construction company reported $1.81 earnings per share for the quarter, topping analysts' consensus estimates of $1.69 by $0.12. The construction company had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.28 billion. MasTec had a negative net margin of 0.40% and a positive trailing twelve-month return on equity of 5.86%. The company's revenue for the quarter was up 41.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.77 EPS.

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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.57%), Nordea Investment Management AB (5.03%), Allspring Global Investments Holdings LLC (4.44%), Electron Capital Partners LLC (2.19%), Dimensional Fund Advisors LP (1.75%) and Frontier Capital Management Co. LLC (1.32%). Insiders that own company stock include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, Paul Dimarco, Robert E Apple, Robert E Apple 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 3/2/2024 by MarketBeat.com Staff