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BABA   87.56 (+9.64%)
AMD   77.63 (+5.78%)
T   19.28 (+1.42%)
MU   57.65 (+4.59%)
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GE   85.97 (+0.36%)
DIS   97.87 (+3.36%)
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NYSE:MTZ

MasTec - MTZ Stock Forecast, Price & News

$90.83
+3.49 (+4.00%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$86.81
$91.05
50-Day Range
$63.24
$95.69
52-Week Range
$62.36
$99.63
Volume
528,575 shs
Average Volume
697,918 shs
Market Capitalization
$7.11 billion
P/E Ratio
63.97
Dividend Yield
N/A
Price Target
$111.80

MasTec MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.1% Upside
$111.80 Price Target
Short Interest
Healthy
3.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of MasTec in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
84.59%
From $2.79 to $5.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Construction Sector

3rd out of 105 stocks

Water, Sewer, & Utility Lines Industry

1st out of 6 stocks

MTZ stock logo

About MasTec (NYSE:MTZ) Stock

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 Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. 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, product transport; electrical and gas 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 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 heavy civil infrastructure; service restoration for natural disasters and accidents; 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.

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MTZ Stock News Headlines

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MasTec's Return on Invested Capital Overview
MasTec Third Quarter 2022 Earnings: Misses Expectations
MasTec's (MTZ) Q3 Earnings Beat, Revenues Miss Estimates
MasTec (MTZ) Q3 Earnings Surpass Estimates
The Safest Option in Trades!
If you’re new to trading, then you’ve probably heard the wrong thing about options—that they’re risky, unpredictable, or difficult. And it couldn’t be more wrong! With the Hughes Optioneering Strategy, you’ll soon learn that the safest option for new accounts is options themselves! pixel
MasTec (MTZ) Buys IEA, Expands Renewable Energy Business
Form S-3ASR MASTEC INC - StreetInsider.com
See More Headlines
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MTZ Company Calendar

Last Earnings
11/03/2022
Today
11/30/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
25,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$111.80
High Stock Price Forecast
$125.00
Low Stock Price Forecast
$97.00
Forecasted Upside/Downside
+23.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$328.83 million
Pretax Margin
1.42%

Debt

Sales & Book Value

Annual Sales
$7.95 billion
Cash Flow
$11.47 per share
Book Value
$32.55 per share

Miscellaneous

Free Float
61,179,000
Market Cap
$7.11 billion
Optionable
Optionable
Beta
1.36

Key Executives

  • Mr. Jose Ramon Mas (Age 51)
    CEO & Director
    Comp: $3.62M
  • Mr. George L. PitaMr. George L. Pita (Age 60)
    Exec. VP & CFO
    Comp: $1.68M
  • Mr. Robert E. AppleMr. Robert E. Apple (Age 72)
    COO & Director
    Comp: $2.14M
  • Mr. Alberto I. de Cardenas Esq. (Age 53)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $1.08M
  • 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













MTZ Stock - Frequently Asked Questions

Should I buy or sell MasTec stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MTZ shares.
View MTZ analyst ratings
or view top-rated stocks.

What is MasTec's stock price forecast for 2023?

7 equities research analysts have issued 12 month target prices for MasTec's stock. Their MTZ share price forecasts range from $97.00 to $125.00. On average, they expect the company's stock price to reach $111.80 in the next year. This suggests a possible upside of 28.0% 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 2022?

MasTec's stock was trading at $92.28 at the beginning of 2022. Since then, MTZ stock has decreased by 5.4% and is now trading at $87.34.
View the best growth stocks for 2022 here
.

Are investors shorting MasTec?

MasTec saw a drop in short interest in November. As of November 15th, there was short interest totaling 2,080,000 shares, a drop of 25.2% from the October 31st total of 2,780,000 shares. Based on an average trading volume of 759,900 shares, the short-interest ratio is presently 2.7 days. Approximately 3.4% of the shares of the stock are sold short.
View MasTec's Short Interest
.

When is MasTec's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our MTZ earnings forecast
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) issued its quarterly earnings results on Thursday, November, 3rd. The construction company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.22 by $0.06. The construction company earned $2.51 billion during the quarter, compared to the consensus estimate of $2.54 billion. MasTec had a net margin of 1.24% and a trailing twelve-month return on equity of 9.21%.

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

MasTec updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided EPS guidance of $1.00-$1.00 for the period, compared to the consensus earnings per share estimate of $1.09. The company issued revenue guidance of $2.90 billion-$2.90 billion, compared to the consensus revenue estimate of $2.47 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).

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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.82%), BlackRock Inc. (6.66%), Allspring Global Investments Holdings LLC (4.38%), Nordea Investment Management AB (4.25%), Dimensional Fund Advisors LP (3.17%) and Macquarie Group Ltd. (3.02%). Insiders that own company stock include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, George Pita, Robert E Apple, Robert E Apple and Robert J Dwyer.
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 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 $87.34.

How much money does MasTec make?

MasTec (NYSE:MTZ) has a market capitalization of $6.83 billion and generates $7.95 billion in revenue each year. The construction company earns $328.83 million in net income (profit) each year or $1.42 on an earnings per share basis.

How many employees does MasTec have?

The company employs 25,000 workers across the globe.

How can I contact MasTec?

MasTec's mailing address is 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134. The official website for the company is www.mastec.com. The construction company can be reached via phone at (305) 599-1800, via email at marc.lewis@mastec.com, or via fax at 305-406-1960.

This page (NYSE:MTZ) was last updated on 11/30/2022 by MarketBeat.com Staff