Top-Rated Stocks NYSE:MTZ MasTec - MTZ Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding MasTec, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $96.63 +0.07 (+0.07%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$95.78▼$97.2150-Day Range$82.85▼$98.0452-Week Range$62.36▼$98.28Volume422,093 shsAverage Volume566,100 shsMarket Capitalization$7.60 billionP/E Ratio68.05Dividend YieldN/APrice Target$110.30 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media MasTec MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.1% Upside$110.30 Price TargetShort InterestHealthy3.96% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth70.97%From $2.79 to $4.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.53 out of 5 starsConstruction Sector14th out of 108 stocksWater, Sewer, & Utility Lines Industry2nd out of 6 stocks 2.5 Analyst's Opinion Consensus RatingMasTec has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.30, MasTec has a forecasted upside of 14.1% from its current price of $96.63.Amount of Analyst CoverageMasTec has only been the subject of 4 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.96% of the float of MasTec has been sold short.Short Interest Ratio / Days to CoverMasTec has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MasTec has recently decreased by 12.55%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMasTec does not currently pay a dividend.Dividend GrowthMasTec does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MTZ. Previous Next 1.9 News and Social Media Coverage News SentimentMasTec has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for MasTec this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for MTZ on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MasTec insiders have not sold or bought any company stock.Percentage Held by Insiders21.80% of the stock of MasTec is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions69.80% of the stock of MasTec is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for MasTec are expected to grow by 70.97% in the coming year, from $2.79 to $4.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MasTec is 68.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.25.Price to Earnings Ratio vs. SectorThe P/E ratio of MasTec is 68.05, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.69.Price to Book Value per Share RatioMasTec has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About MasTec (NYSE:MTZ) StockMasTec, Inc. engages in the provision of infrastructure construction services. It operates through the following segments: Communications, Oil and Gas, 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 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 consists of equity investors, other small business units that perform construction, and other services for a variety of international end-markets. The company was founded by Jorge Mas Canosa on July 26, 1968, and is headquartered in Coral Gables, FL.Read More Receive MTZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MasTec and its competitors with MarketBeat's FREE daily newsletter. Email Address MTZ Stock News HeadlinesJanuary 23, 2023 | americanbankingnews.comMasTec (NYSE:MTZ) Upgraded at StockNews.comJanuary 20, 2023 | americanbankingnews.comFY2023 EPS Estimates for MasTec, Inc. Reduced by Analyst (NYSE:MTZ)January 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 18, 2023 | finance.yahoo.comWith 74% ownership, MasTec, Inc. (NYSE:MTZ) boasts of strong institutional backingJanuary 11, 2023 | finance.yahoo.comDo Options Traders Know Something About MasTec (MTZ) Stock We Don't?January 4, 2023 | finance.yahoo.comOptimism for MasTec (NYSE:MTZ) has grown this past week, despite five-year decline in earningsDecember 29, 2022 | finance.yahoo.comIs MasTec's (MTZ) Stock Poised for a Turnaround in 2023?December 29, 2022 | finance.yahoo.comMasTec Senior Management to Present at the Goldman Global Energy and Clean Technology ConferenceJanuary 27, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 22, 2022 | finance.yahoo.comMasTec names DiMarco CFO, Pita to retireDecember 21, 2022 | finance.yahoo.comMasTec Announces Planned 2023 Executive Transitions -Retirement of George Pita and the Planned Promotion of Paul DiMarco to Executive Vice President and Chief Financial OfficerNovember 25, 2022 | finance.yahoo.comAt US$89.90, Is MasTec, Inc. (NYSE:MTZ) Worth Looking At Closely?November 24, 2022 | finance.yahoo.comMasTec (MTZ) Stock Sees 17.8% One-Month Gains Amid InflationNovember 23, 2022 | finance.yahoo.comMasTec Senior Management to Present at the Credit Suisse Global Industrials ConferenceNovember 21, 2022 | benzinga.comMasTec's Return on Invested Capital OverviewNovember 9, 2022 | finance.yahoo.comMasTec Third Quarter 2022 Earnings: Misses ExpectationsNovember 4, 2022 | finance.yahoo.comMasTec's (MTZ) Q3 Earnings Beat, Revenues Miss EstimatesNovember 4, 2022 | finance.yahoo.comMasTec (MTZ) Q3 Earnings Surpass EstimatesNovember 4, 2022 | finance.yahoo.comTime Change for MasTec's Fireside Chat at the Robert W. Baird 2022 Global Industrial Investor ConferenceNovember 3, 2022 | finance.yahoo.comAn Intrinsic Calculation For MasTec, Inc. (NYSE:MTZ) Suggests It's 44% UndervaluedNovember 3, 2022 | finance.yahoo.comMasTec Announces Third Quarter 2022 Financial Results with Record Backlog and Updated Annual 2022 GuidanceNovember 1, 2022 | finance.yahoo.comHere’s Why MasTec (MTZ) Shares Declined in the Third QuarterOctober 27, 2022 | finance.yahoo.comMasTec Senior Management to Present at the Robert W. Baird 2022 Global Industrial Investor ConferenceOctober 24, 2022 | finance.yahoo.comMasTec, Inc. Announces Expiration and Final Results of Exchange Offer and Consent SolicitationOctober 21, 2022 | finance.yahoo.comMasTec Schedules Third Quarter 2022 Earnings Release and Conference CallOctober 10, 2022 | nasdaq.comMastec Inc. Shares Approach 52-Week Low - Market Mover - NasdaqOctober 10, 2022 | finance.yahoo.comMasTec (MTZ) Buys IEA, Expands Renewable Energy BusinessSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MTZ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MasTec and its competitors with MarketBeat's FREE daily newsletter. Email Address MTZ Company Calendar Last Earnings11/03/2022Today1/27/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water, sewer, & utility lines Sub-IndustryConstruction & Engineering SectorConstruction Current SymbolNYSE:MTZ CUSIP57632310 CIK15615 Webwww.mastec.com Phone(305) 599-1800Fax305-406-1960Employees25,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$110.30 High Stock Price Forecast$120.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside+14.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.42 Trailing P/E Ratio68.05 Forward P/E Ratio34.63 P/E GrowthN/ANet Income$328.83 million Net Margins1.24% Pretax Margin1.42% Return on Equity9.21% Return on Assets3.19% Debt Debt-to-Equity Ratio0.81 Current Ratio1.57 Quick Ratio1.50 Sales & Book Value Annual Sales$7.95 billion Price / Sales0.96 Cash Flow$10.99 per share Price / Cash Flow8.79 Book Value$34.24 per share Price / Book2.82Miscellaneous Outstanding Shares78,610,000Free Float61,473,000Market Cap$7.60 billion OptionableOptionable Beta1.38 Key ExecutivesJosé Ramón MasChief Executive Officer & DirectorRobert E. AppleChief Operating OfficerGeorge L. PitaChief Financial Officer & Executive Vice PresidentAlberto de CardenasSecretary, Executive VP & General CounselPaul DiMarcoTreasurer & Senior Vice PresidentKey CompetitorsDycom IndustriesNYSE:DYCEMEXNYSE:CXAdvanced Drainage SystemsNYSE:WMSEMCOR GroupNYSE:EMEKBRNYSE:KBRView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 600 shares on 1/27/2023Ownership: 0.019%AMF Tjanstepension ABBought 700 shares on 1/26/2023Ownership: 0.037%Comerica BankBought 198 shares on 1/26/2023Ownership: 0.034%Oregon Public Employees Retirement FundBought 691 shares on 1/26/2023Ownership: 0.022%Greenwood Capital Associates LLCBought 120 shares on 1/26/2023Ownership: 0.013%View All Institutional Transactions 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 Wall Street analysts have issued 12-month price targets for MasTec's shares. Their MTZ share price forecasts range from $97.00 to $120.00. On average, they predict the company's stock price to reach $110.30 in the next twelve months. This suggests a possible upside of 14.0% 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 2023? MasTec's stock was trading at $85.33 at the beginning of 2023. Since then, MTZ stock has increased by 13.4% and is now trading at $96.78. View the best growth stocks for 2023 here. Are investors shorting MasTec? MasTec saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 2,710,000 shares, an increase of 29.0% from the December 15th total of 2,100,000 shares. Based on an average daily volume of 762,900 shares, the days-to-cover ratio is currently 3.6 days. Approximately 4.5% of the company's shares 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) announced 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 analyst estimates 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 issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share (EPS) guidance of $1.00-$1.00 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (4.21%), DNB Asset Management AS (0.52%), Country Trust Bank (0.40%), Kirr Marbach & Co. LLC IN (0.22%), Community Trust & Investment Co. (0.17%) and Handelsinvest Investeringsforvaltning (0.14%). 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 $96.78. How much money does MasTec make? MasTec (NYSE:MTZ) has a market capitalization of $7.61 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 1/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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