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 earnings results on Monday, April, 30th. The construction company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.14. The construction company earned $1.40 billion during the quarter, compared to analysts' expectations of $1.24 billion. MasTec had a net margin of 4.86% and a return on equity of 15.48%. The firm's quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the business 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 updated 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 earnings per share 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 twelve-month price objectives for MasTec's shares. Their forecasts range from $48.00 to $71.00. On average, they anticipate 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 on Thursday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MasTec earned a coverage optimism score of 0.08 on Accern's scale. They also assigned news coverage about the construction company an impact score of 45.42 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

MasTec's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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]