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. $87.24 -2.65 (-2.95%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$87.20▼$90.0350-Day Range$87.09▼$102.3852-Week Range$62.36▼$103.50Volume390,181 shsAverage Volume623,046 shsMarket Capitalization$6.87 billionP/E Ratio207.72Dividend YieldN/APrice Target$113.18 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media MasTec MarketRank™ ForecastAnalyst RatingModerate Buy2.89 Rating ScoreUpside/Downside29.7% Upside$113.18 Price TargetShort InterestHealthy4.00% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth21.21%From $4.48 to $5.43 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.3.01 out of 5 starsConstruction Sector2nd out of 105 stocksWater, Sewer, & Utility Lines Industry1st out of 5 stocks 4.4 Analyst's Opinion Consensus RatingMasTec has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $113.18, MasTec has a forecasted upside of 29.7% from its current price of $87.24.Amount of Analyst CoverageMasTec has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.00% of the float of MasTec has been sold short.Short Interest Ratio / Days to CoverMasTec has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in MasTec has recently increased by 0.84%, indicating that investor sentiment is decreasing. 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 3.7 News and Social Media Coverage News SentimentMasTec has a news sentiment score of 0.63. 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 higher news sentiment than the 0.42 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for MasTec this week, compared to 3 articles on an average week.Search Interest38 people have searched for MTZ on MarketBeat in the last 30 days. This is an increase of 52% compared to the previous 30 days.MarketBeat Follows7 people have added MasTec to their MarketBeat watchlist in the last 30 days. This is an increase of 75% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for MasTec are expected to grow by 21.21% in the coming year, from $4.48 to $5.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of MasTec is 207.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.05.Price to Earnings Ratio vs. SectorThe P/E ratio of MasTec is 207.72, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.32.Price to Book Value per Share RatioMasTec has a P/B Ratio of 2.50. 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 HeadlinesMarch 21, 2023 | americanbankingnews.comMasTec, Inc. (NYSE:MTZ) Receives Average Rating of "Moderate Buy" from BrokeragesMarch 16, 2023 | americanbankingnews.comStockNews.com Begins Coverage on MasTec (NYSE:MTZ)March 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 26, 2023 | finance.yahoo.comIs MasTec, Inc.'s (NYSE:MTZ) 1.2% ROE Worse Than Average?February 25, 2023 | finanznachrichten.deMasTec, Inc.: MasTec Announces Fourth Quarter and Annual 2022 Financial ResultsFebruary 25, 2023 | realmoney.thestreet.comMasTec Is Showing Longer-Term Promise on the ChartsFebruary 24, 2023 | finance.yahoo.comMasTec's (MTZ) Q4 Earnings & Revenues Beat, 2023 Views StrongFebruary 24, 2023 | finance.yahoo.comMasTec Q4 Earnings Top Estimates; Forecasts Loss In Q1 Citing Project Delays & Acquisition CostsMarch 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 6, 2023 | finance.yahoo.comMasTec Schedules Fourth Quarter 2022 Earnings Release and Conference CallJanuary 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 ConferenceDecember 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 GuidanceSee 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 Earnings2/23/2023Today3/22/2023Next Earnings (Estimated)5/04/2023Fiscal 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) 599-1800Fax305-406-1960Employees30,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$113.18 High Stock Price Forecast$125.00 Low Stock Price Forecast$97.00 Forecasted Upside/Downside+29.7%Consensus RatingModerate Buy Rating Score (0-4)2.89 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.42 Trailing P/E Ratio207.72 Forward P/E Ratio19.47 P/E GrowthN/ANet Income$33.35 million Net Margins0.34% Pretax Margin0.44% Return on Equity8.30% Return on Assets2.73% Debt Debt-to-Equity Ratio1.11 Current Ratio1.55 Quick Ratio1.50 Sales & Book Value Annual Sales$9.78 billion Price / Sales0.70 Cash Flow$9.18 per share Price / Cash Flow9.50 Book Value$34.87 per share Price / Book2.50Miscellaneous Outstanding Shares78,790,000Free Float61,615,000Market Cap$6.87 billion OptionableOptionable Beta1.39 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:CXKBRNYSE:KBRAdvanced Drainage SystemsNYSE:WMSToll BrothersNYSE:TOLView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Sold 880 shares on 3/15/2023Ownership: 0.006%Sheets Smith Wealth ManagementSold 580 shares on 3/8/2023Ownership: 0.028%Rockefeller Capital Management L.P.Sold 17,420 shares on 3/6/2023Ownership: 0.097%Voya Investment Management LLCSold 5,057 shares on 2/28/2023Ownership: 0.050%NatixisBought 5,939 shares on 2/24/2023Ownership: 0.008%View All Institutional Transactions MTZ Stock - Frequently Asked Questions Should I buy or sell MasTec stock right now? 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. 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? 9 Wall Street research analysts have issued 1 year price objectives for MasTec's shares. Their MTZ share price forecasts range from $97.00 to $125.00. On average, they predict the company's share price to reach $113.18 in the next year. This suggests a possible upside of 29.7% 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 on January 1st, 2023. Since then, MTZ shares have increased by 2.2% and is now trading at $87.24. View the best growth stocks for 2023 here. When is MasTec's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our MTZ earnings forecast. How were MasTec's earnings last quarter? MasTec, Inc. (NYSE:MTZ) released its quarterly earnings data on Thursday, February, 23rd. The construction company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.02. The construction company earned $3.01 billion during the quarter, compared to the consensus estimate of $2.92 billion. MasTec had a trailing twelve-month return on equity of 8.30% and a net margin of 0.34%. What ETFs hold MasTec's stock? ETFs with the largest weight of MasTec (NYSE:MTZ) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Inspire Faithward Mid Cap Momentum ETF (GLRY), Distillate Small/Mid Cash Flow ETF (DSMC), Global X U.S. Infrastructure Development ETF (PAVE), First Trust Innovation Leaders ETF (ILDR), iShares U.S. Infrastructure ETF (IFRA), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and SPDR S&P 400 Mid Cap Value ETF (MDYV). What guidance has MasTec issued on next quarter's earnings? MasTec issued an update on its FY23 earnings guidance on Friday, February, 24th. The company provided earnings per share guidance of $4.64-4.91 for the period, compared to the consensus EPS estimate of $4.75. The company issued revenue guidance of $13.0 billion, compared to the consensus revenue estimate of $12.91 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 investors include Allspring Global Investments Holdings LLC (4.21%), Nordea Investment Management AB (3.89%), Dimensional Fund Advisors LP (3.01%), Macquarie Group Ltd. (2.88%), Legacy Advisors LLC (2.02%) and Electron Capital Partners LLC (2.00%). 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 $87.24. How much money does MasTec make? MasTec (NYSE:MTZ) has a market capitalization of $6.87 billion and generates $9.78 billion in revenue each year. The construction company earns $33.35 million in net income (profit) each year or $0.42 on an earnings per share basis. How many employees does MasTec have? The company employs 30,000 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 3/22/2023 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. 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