S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:MTZ

MasTec (MTZ) Stock Forecast, Price & News

$80.25
+2.05 (+2.62%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$77.67
$80.44
50-Day Range
$72.01
$88.58
52-Week Range
$70.72
$122.33
Volume
958,450 shs
Average Volume
756,587 shs
Market Capitalization
$6.09 billion
P/E Ratio
25.97
Dividend Yield
N/A
Beta
1.27
30 days | 90 days | 365 days | Advanced Chart
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MasTec logo

About MasTec

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.

Headlines

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$7.95 billion
Cash Flow
$11.22 per share
Book Value
$33.10 per share

Profitability

Net Income
$328.83 million
Pretax Margin
3.52%

Debt

Price-To-Earnings

Miscellaneous

Free Float
59,354,000
Market Cap
$6.09 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Today
5/22/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.94 out of 5 stars

Construction Sector

23rd out of 134 stocks

Water, Sewer, & Utility Lines Industry

1st out of 8 stocks

Analyst Opinion: 4.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -













MasTec (NYSE:MTZ) Frequently Asked Questions

Is MasTec a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 6 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.

When is MasTec's next earnings date?

MasTec is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) released its earnings results on Thursday, May, 5th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.17. The construction company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.79 billion. MasTec had a trailing twelve-month return on equity of 12.91% and a net margin of 2.81%. The company's revenue was up 10.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.04 EPS.
View MasTec's earnings history
.

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

MasTec updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided EPS guidance of $0.72-$0.72 for the period, compared to the consensus earnings per share estimate of $1.02. The company issued revenue guidance of $2.20 billion-$2.20 billion, compared to the consensus revenue estimate of $2.34 billion.

What price target have analysts set for MTZ?

6 equities research analysts have issued 1-year price targets for MasTec's stock. Their forecasts range from $96.00 to $120.00. On average, they anticipate MasTec's share price to reach $107.60 in the next year. This suggests a possible upside of 34.1% from the stock's current price.
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 51, Pay $3.62M)
  • Mr. George L. Pita, Exec. VP & CFO (Age 60, Pay $1.68M)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 72, Pay $2.14M)
  • Mr. Alberto I. de Cardenas Esq., Exec. VP, Gen. Counsel & Sec. (Age 53, Pay $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
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.

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.40%), Vanguard Group Inc. (7.27%), Nordea Investment Management AB (4.13%), Dimensional Fund Advisors LP (3.51%), Legacy Advisors LLC (2.10%) and State Street Corp (2.01%). 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 institutional investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., JPMorgan Chase & Co., Allianz Asset Management GmbH, DekaBank Deutsche Girozentrale, SG Capital Management LLC, First Trust Advisors LP, Frontier Capital Management Co. LLC, and First Republic Investment Management Inc..
View insider buying and selling activity for MasTec
or view top insider-selling stocks.

Which institutional investors are buying MasTec stock?

MTZ stock was bought by a variety of institutional investors in the last quarter, including Legacy Advisors LLC, Nordea Investment Management AB, Vanguard Group Inc., Goldman Sachs Group Inc., Invesco Ltd., Lombard Odier Asset Management Europe Ltd, Pacer Advisors Inc., and BlackRock 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 $80.25.

How much money does MasTec make?

MasTec has a market capitalization of $6.09 billion and generates $7.95 billion in revenue each year. The construction company earns $328.83 million in net income (profit) each year or $3.089990 on an earnings per share basis.

How many employees does MasTec have?

MasTec employs 25,000 workers across the globe.

What is MasTec's official website?

The official website for MasTec is 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, via email at [email protected], or via fax at 305-406-1960.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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