NYSE:MTZ - MasTec Stock Price, News, & Analysis

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$47.77 +0.77 (+1.64 %)
(As of 03/22/2019 06:00 AM ET)
Previous Close$47.00
Today's Range$46.92 - $48.43
52-Week Range$37.24 - $54.70
Volume1.25 million shs
Average Volume1.06 million shs
Market Capitalization$3.63 billion
P/E Ratio12.88
Dividend YieldN/A
Beta1.42
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, Oil and Gas, Electrical Transmission, Power Generation and Industrial, 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; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure; 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 natural gas and petroleum pipeline, communications, electrical distribution and transmission, power generation, 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. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

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Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP57632310
Phone305-599-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.91 billion
Cash Flow$7.1086 per share
Book Value$17.69 per share

Profitability

Net Income$259.66 million

Miscellaneous

Employees19,000
Market Cap$3.63 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

MasTec (NYSE:MTZ) Frequently Asked Questions

What is MasTec's stock symbol?

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

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) released its earnings results on Thursday, November, 1st. The construction company reported $1.33 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.20 by $0.13. The construction company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.99 billion. MasTec had a net margin of 3.76% and a return on equity of 20.37%. MasTec's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS. View MasTec's Earnings History.

When is MasTec's next earnings date?

MasTec is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for MasTec.

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

MasTec updated its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $4.34-4.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.25. The company issued revenue guidance of $7.6-7.6 billion, compared to the consensus revenue estimate of $7.57 billion.MasTec also updated its Q1 2019 guidance to $0.43-0.43 EPS.

What price target have analysts set for MTZ?

8 brokers have issued twelve-month price targets for MasTec's stock. Their predictions range from $48.00 to $70.00. On average, they anticipate MasTec's stock price to reach $58.8750 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for MasTec.

What is the consensus analysts' recommendation for MasTec?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MasTec.

Has MasTec been receiving favorable news coverage?

Media coverage about MTZ stock has trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. MasTec earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near term.

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), Alibaba Group (BABA), Paypal (PYPL), Square (SQ), Bank of America (BAC), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Netflix (NFLX).

Who are MasTec's key executives?

MasTec's management team includes the folowing people:
  • Mr. José Ramon Mas, CEO & Director (Age 48)
  • Mr. George L. Pita, Exec. VP & CFO (Age 57)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 69)
  • Mr. Alberto I. de Cardenas, Exec. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. J. Marc Lewis, VP of Investor Relations

Who are MasTec's major shareholders?

MasTec's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.94%), Macquarie Group Ltd. (4.81%), Dimensional Fund Advisors LP (3.56%), Frontier Capital Management Co. LLC (1.67%), Handelsbanken Fonder AB (1.60%) and Oregon Public Employees Retirement Fund (1.34%). 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.

Which institutional investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, 1060 Capital LLC, Elk Creek Partners LLC, Shellback Capital LP, Falcon Point Capital LLC, Community Trust & Investment Co., Impax Asset Management Group plc and Quantum Capital Management. View Insider Buying and Selling for MasTec.

Which institutional investors are buying MasTec stock?

MTZ stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Handelsbanken Fonder AB, Bank of New York Mellon Corp, Norges Bank, Principal Financial Group Inc., Retirement Systems of Alabama and Macquarie Group Ltd.. View Insider Buying and Selling for MasTec.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MasTec's stock price today?

One share of MTZ stock can currently be purchased for approximately $47.77.

How big of a company is MasTec?

MasTec has a market capitalization of $3.63 billion and generates $6.91 billion in revenue each year. The construction company earns $259.66 million in net income (profit) each year or $3.64 on an earnings per share basis. MasTec employs 19,000 workers across the globe.

What is MasTec's official website?

The official website for MasTec is http://www.mastec.com.

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]


MarketBeat Community Rating for MasTec (NYSE MTZ)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  548 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  825
MarketBeat's community ratings are surveys of what our community members think about MasTec and other stocks. Vote "Outperform" if you believe MTZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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