NYSE:MTZ

MasTec Stock Forecast, Price & News

$101.65
+3.10 (+3.15 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$98.96
Now: $101.65
$102.77
50-Day Range
$86.01
MA: $93.47
$99.97
52-Week Range
$29.17
Now: $101.65
$101.75
Volume648,814 shs
Average Volume796,237 shs
Market Capitalization$7.54 billion
P/E Ratio24.32
Dividend YieldN/A
Beta1.38
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, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, and satellite dishes, 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 heavy civil infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
MasTec logo

Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
CUSIP57632310
Phone305-599-1800
Employees18,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.18 billion
Cash Flow$10.69 per share
Book Value$23.47 per share

Profitability

Net Income$392.33 million

Miscellaneous

Market Cap$7.54 billion
Next Earnings Date4/29/2021 (Estimated)
OptionableOptionable

Headlines

Why MasTec (MTZ) Could Beat Earnings Estimates Again
April 15, 2021 |  finance.yahoo.com
MasTec (NYSE:MTZ) Reaches New 52-Week High at $100.48
April 12, 2021 |  americanbankingnews.com
MasTec (NYSE:MTZ) Reaches New 1-Year High at $99.83
April 6, 2021 |  americanbankingnews.com
Why Is MasTec (MTZ) Up 2.7% Since Last Earnings Report?
March 27, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.40 out of 5 stars

Construction Sector

81st out of 206 stocks

Water, Sewer, & Utility Lines Industry

4th out of 7 stocks

Analyst Opinion: 1.5Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
$101.65
+3.10 (+3.15 %)
(As of 04/16/2021 04:00 PM ET)
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MasTec (NYSE:MTZ) Frequently Asked Questions

Is MasTec a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MasTec stock.
View analyst ratings for MasTec
or view top-rated stocks.

What stocks does MarketBeat like better than MasTec?

Wall Street analysts have given MasTec a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MasTec wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is MasTec's next earnings date?

MasTec is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) released its earnings results on Thursday, February, 25th. The construction company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.13. The construction company earned $1.64 billion during the quarter, compared to analyst estimates of $1.81 billion. MasTec had a net margin of 4.86% and a trailing twelve-month return on equity of 18.75%.
View MasTec's earnings history
.

How has MasTec's stock price been impacted by Coronavirus?

MasTec's stock was trading at $33.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTZ shares have increased by 200.6% and is now trading at $101.65.
View which stocks have been most impacted by COVID-19
.

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

MasTec updated its FY21 earnings guidance on Thursday, February, 25th. The company provided EPS guidance of $5.00 for the period, compared to the Thomson Reuters consensus estimate of $4.79.

What price target have analysts set for MTZ?

10 analysts have issued 1-year target prices for MasTec's stock. Their forecasts range from $43.00 to $114.00. On average, they expect MasTec's stock price to reach $77.36 in the next year. This suggests that the stock has a possible downside of 23.9%.
View analysts' price targets for MasTec
or view top-rated stocks among Wall Street analysts.

Who are MasTec's key executives?

MasTec's management team includes the following people:
  • Mr. Jose Ramon Mas, CEO & Director (Age 50, Pay $3.58M)
  • Mr. George L. Pita, Exec. VP & CFO (Age 59, Pay $1.61M)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 71, Pay $2.04M)
  • Mr. Alberto I. de Cardenas, Exec. VP, Gen. Counsel & Sec. (Age 52, Pay $1.04M)
  • Mr. J. Marc Lewis, VP of Investor Relations
  • Mr. Gary L. Smith, Sr. VP of Communications Group
  • Mr. Pablo A. Alvarez, Exec. VP of Mergers & Acquisitions
  • Mr. Paul Dimarco, Sr. VP & Treasurer

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

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

Who are some of MasTec's key competitors?

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 The Walt Disney (DIS).

What is MasTec's stock symbol?

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

Who are MasTec's major shareholders?

MasTec's stock is owned by many different institutional and retail investors. Top institutional investors include DnB Asset Management AS (0.68%), Retirement Systems of Alabama (0.24%), Community Trust & Investment Co. (0.14%), Profit Investment Management LLC (0.08%), Leavell Investment Management Inc. (0.03%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own MasTec stock include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, George Pita, Robert E Apple and Robert J Dwyer.
View institutional ownership trends for MasTec
.

Which major investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including Community Trust & Investment Co., DnB Asset Management AS, Retirement Systems of Alabama, Thompson Investment Management Inc., State of Alaska Department of Revenue, and Crossmark Global Holdings Inc.. Company insiders that have sold MasTec company stock in the last year include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, George Pita, Robert E Apple, and Robert J Dwyer.
View insider buying and selling activity for MasTec
or view top insider-selling stocks.

Which major investors are buying MasTec stock?

MTZ stock was bought by a variety of institutional investors in the last quarter, including Private Advisory Group LLC, Leavell Investment Management Inc., Profit Investment Management LLC, Liberty One Investment Management LLC, First Hawaiian Bank, Louisiana State Employees Retirement System, Pacer Advisors Inc., and NEXT Financial Group Inc.
View insider buying and selling activity for MasTec
or or view top insider-buying stocks.

How do I buy shares of MasTec?

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

What is MasTec's stock price today?

One share of MTZ stock can currently be purchased for approximately $101.65.

How much money does MasTec make?

MasTec has a market capitalization of $7.54 billion and generates $7.18 billion in revenue each year. The construction company earns $392.33 million in net income (profit) each year or $5.09 on an earnings per share basis.

How many employees does MasTec have?

MasTec employs 18,000 workers across the globe.

What is MasTec's official website?

The official website for MasTec is www.mastec.com.

Where are MasTec's headquarters?

MasTec is headquartered at 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134.

How can I contact MasTec?

MasTec's mailing address is 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134. The construction company can be reached via phone at 305-599-1800 or via email at [email protected]


This page was last updated on 4/17/2021 by MarketBeat.com Staff
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