S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:MTZ

MasTec Stock Forecast, Price & News

$97.72
-2.86 (-2.84%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$96.51
$98.95
50-Day Range
$85.07
$101.57
52-Week Range
$55.64
$122.33
Volume
295,390 shs
Average Volume
802,420 shs
Market Capitalization
$7.26 billion
P/E Ratio
19.74
Dividend Yield
N/A
Beta
1.26
30 days | 90 days | 365 days | Advanced Chart
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MasTec logo

About MasTec

MasTec, Inc. engages in the provision of infrastructure construction services. It operates through the following segments: Communications; Oil and Gas; Electrical Transmissions; Clean Energy and Infrastructure; and Other. The Communications segment performs engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure, primarily for wireless and wireline/fiber communications, and install-to-the-home customers. The Oil and Gas segment offers services on oil and natural gas pipelines and processing facilities for the energy, and utilities industries. The Electrical Transmission segment deals with the energy and utility industries. The Clean Energy and Infrastructure segment serves energy, utility and other end-markets through the installation and construction of power generation facilities, including from clean energy and renewable sources such as wind, solar and biomass, as well as various types of heavy civil and industrial infrastructure. The Other segment comprises of equity investees, other small business units that perform construction, and other services for a variety of international end-markets. The company was founded by

Headlines

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Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
57632310
Employees
18,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$6.32 billion
Cash Flow
$8.64 per share
Book Value
$30.65 per share

Profitability

Net Income
$322.85 million
Pretax Margin
6.32%

Debt

Price-To-Earnings

Miscellaneous

Free Float
55,951,000
Market Cap
$7.26 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/24/2022

MarketRank

Overall MarketRank

2.29 out of 5 stars

Construction Sector

52nd out of 137 stocks

Water, Sewer, & Utility Lines Industry

4th out of 7 stocks

Analyst Opinion: 2.5Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -












MasTec (NYSE:MTZ) Frequently Asked Questions

Is MasTec a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MasTec stock.
View analyst ratings for MasTec
or view top-rated stocks.

How has MasTec's stock price been impacted by Coronavirus?

MasTec's stock was trading at $33.82 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MTZ shares have increased by 188.9% and is now trading at $97.72.
View which stocks have been most impacted by COVID-19
.

When is MasTec's next earnings date?

MasTec is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) released its quarterly earnings results on Thursday, November, 4th. The construction company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.12. The construction company earned $2.40 billion during the quarter, compared to analyst estimates of $2.28 billion. MasTec had a net margin of 4.70% and a trailing twelve-month return on equity of 19.79%. MasTec's quarterly revenue was up 41.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.77 earnings per share.
View MasTec's earnings history
.

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

MasTec issued an update on its FY 2021 earnings guidance on Thursday, November, 25th. The company provided earnings per share guidance of $5.550-$5.550 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.460. The company issued revenue guidance of $8 billion-$8 billion, compared to the consensus revenue estimate of $8.12 billion.

What price target have analysts set for MTZ?

9 analysts have issued twelve-month price objectives for MasTec's stock. Their forecasts range from $73.00 to $140.00. On average, they anticipate MasTec's stock price to reach $116.67 in the next year. This suggests a possible upside of 19.4% 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:
  • José Ramón Mas, Chief Executive Officer & Director
  • Robert E. Apple, Chief Operating Officer
  • George L. Pita, Chief Financial Officer & Executive Vice President
  • Alberto de Cardenas, Secretary, Executive VP & General Counsel
  • Paul DiMarco, Treasurer & Senior Vice President

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.02%), Nordea Investment Management AB (6.34%), Macquarie Group Ltd. (4.04%), Dimensional Fund Advisors LP (3.83%), Frontier Capital Management Co. LLC (1.37%) and LSV Asset Management (1.27%). 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 major investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, American Century Companies Inc., Fuller & Thaler Asset Management Inc., BlackRock Inc., Invesco Ltd., Frontier Capital Management Co. LLC, Credit Suisse AG, and Millennium Management LLC. Company insiders that have sold MasTec company stock in the last year include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, George Pita, and Robert E Apple.
View insider buying and selling activity for MasTec
or view top insider-selling stocks.

Which major investors are buying MasTec stock?

MTZ stock was purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Peconic Partners LLC, Goldman Sachs Group Inc., Hood River Capital Management LLC, Handelsbanken Fonder AB, Allianz Asset Management GmbH, Morgan Stanley, and Candriam Luxembourg S.C.A..
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 $97.72.

How much money does MasTec make?

MasTec has a market capitalization of $7.26 billion and generates $6.32 billion in revenue each year. The construction company earns $322.85 million in net income (profit) each year or $4.95 on an earnings per share basis.

How many employees does MasTec have?

MasTec employs 18,000 workers across the globe.

What is MasTec's official website?

The official website for MasTec is www.mastec.com.

Where are MasTec's headquarters?

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 11/27/2021 by MarketBeat.com Staff

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