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

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$46.25 +1.49 (+3.33 %)
(As of 01/18/2019 01:19 PM ET)
Previous Close$44.76
Today's Range$44.98 - $46.54
52-Week Range$37.24 - $55.53
Volume652,622 shs
Average Volume808,227 shs
Market Capitalization$3.56 billion
P/E Ratio16.94
Dividend YieldN/A
Beta1.4
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility 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, 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 security, 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 infrastructure, 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, satellite and 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$6.61 billion
Cash Flow$5.0936 per share
Book Value$17.32 per share

Profitability

Net Income$347.21 million

Miscellaneous

Employees17,300
Market Cap$3.56 billion
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 quarterly earnings results on Thursday, November, 1st. The construction company reported $1.33 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.13. The construction company earned $1.98 billion during the quarter, compared to analysts' expectations of $1.99 billion. MasTec had a return on equity of 17.01% and a net margin of 5.89%. MasTec's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business 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 Tuesday, February 26th 2019. View Earnings Estimates for MasTec.

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

MasTec updated its fourth quarter earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of $1.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.05. The company issued revenue guidance of $1.9 billion, compared to the consensus revenue estimate of $1.89 billion.MasTec also updated its FY 2018 guidance to $3.76-3.76 EPS.

What price target have analysts set for MTZ?

9 analysts have issued twelve-month price objectives for MasTec's stock. Their predictions range from $48.00 to $71.00. On average, they anticipate MasTec's stock price to reach $62.3333 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for MasTec.

What is the consensus analysts' recommendation for MasTec?

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

Has MasTec been receiving favorable news coverage?

Headlines about MTZ stock have been trending somewhat positive on Friday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. MasTec earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned news stories about the construction company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of MasTec's key competitors?

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 a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.36%), Community Trust & Investment Co. (0.35%), Retirement Systems of Alabama (0.23%), Hennessy Advisors Inc. (0.08%), Profit Investment Management LLC (0.07%) and IMA Wealth Inc. (0.04%). 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 Community Trust & Investment Co., Hennessy Advisors Inc. and Sheets Smith Wealth Management. Company insiders that have sold MasTec company stock in the last year include Cardenas Alberto De, Julia L Johnson and Robert E Apple. 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 Retirement Systems of Alabama, Peregrine Capital Management LLC, IMA Wealth Inc., Louisiana State Employees Retirement System, Virtu Financial LLC, MinichMacGregor Wealth Management LLC and Profit Investment Management LLC. 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 $46.2850.

How big of a company is MasTec?

MasTec has a market capitalization of $3.56 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.

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:  534 (Vote Outperform)
Underperform Votes:  270 (Vote Underperform)
Total Votes:  804
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 1/18/2019 by MarketBeat.com Staff

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