NYSE:MTZ - MasTec Stock Price, Price Target & More

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

MasTec, Inc. (NYSE:MTZ) announced its quarterly earnings results on Monday, April, 30th. The construction company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.21 by $0.14. The construction company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.24 billion. MasTec had a return on equity of 15.48% and a net margin of 4.86%. The business's revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. View MasTec's Earnings History.

MasTec is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for MasTec.

MasTec issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share guidance of $3.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.50. The company issued revenue guidance of ~$6.9 billion, compared to the consensus revenue estimate of $6.77 billion.MasTec also updated its Q2 guidance to $1.03 EPS.

12 brokerages have issued 12-month price targets for MasTec's stock. Their predictions range from $48.00 to $71.00. On average, they expect MasTec's stock price to reach $61.25 in the next twelve months. View Analyst Ratings for MasTec.

Some companies that are related to MasTec include Dycom Industries (DY), Primoris Services (PRIM), Aegion (AEGN), MYR Group (MYRG) and Preformed Line Products (PLPC).

Media stories about MTZ stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MasTec earned a news impact score of 0.03 on Accern's scale. They also gave press coverage about the construction company an impact score of 46.17 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

MasTec's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.83%), Dimensional Fund Advisors LP (3.64%), Lord Abbett & CO. LLC (2.01%), Wells Fargo & Company MN (1.86%), Boston Partners (1.82%) and Frontier Capital Management Co. LLC (1.73%). Company insiders that own MasTec stock include C Robert Campbell, Cardenas Alberto De, Jose S Sorzano, Julia L Johnson and Robert E Apple. View Institutional Ownership Trends for MasTec.

MTZ stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Prudential Financial Inc., Westfield Capital Management Co. LP, Frontier Capital Management Co. LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, Mesirow Financial Investment Management Equity Management and BlackRock Inc.. Company insiders that have sold MasTec company stock in the last year include C Robert Campbell, Cardenas Alberto De, Julia L Johnson and Robert E Apple. View Insider Buying and Selling for MasTec.

MTZ stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Lord Abbett & CO. LLC, Wells Fargo & Company MN, Alphinity Investment Management Pty Ltd, Handelsbanken Fonder AB, Handelsbanken Fonder AB, Penn Capital Management Co. Inc. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for MasTec.

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

One share of MTZ stock can currently be purchased for approximately $54.50.

MasTec has a market capitalization of $4.29 billion and generates $6.61 billion in revenue each year. The construction company earns $347.21 million in net income (profit) each year or $2.73 on an earnings per share basis. MasTec employs 17,300 workers across the globe.

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]