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 five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other.
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Industry, Sector and Symbol
Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
Phone305-599-1800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.91 billion
Profitability
Miscellaneous
Employees19,000
Next Earnings Date11/7/2019 (Estimated)
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 earnings results on Thursday, August, 1st. The construction company reported $1.60 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.09 by $0.51. The construction company earned $1.94 billion during the quarter, compared to analyst estimates of $1.80 billion. MasTec had a return on equity of 23.43% and a net margin of 4.29%. MasTec's revenue was up 19.9% compared to the same quarter last year. During the same period last year, the business posted $1.04 earnings per share. View MasTec's Earnings History.
When is MasTec's next earnings date?
What guidance has MasTec issued on next quarter's earnings?
MasTec issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share guidance of Approx $4.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.55. The company issued revenue guidance of Approx $7.7 billion, compared to the consensus revenue estimate of $7.65 billion.
What price target have analysts set for MTZ?
11 Wall Street analysts have issued twelve-month price targets for MasTec's shares. Their forecasts range from $52.00 to $76.00. On average, they anticipate MasTec's share price to reach $66.9091 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for MasTec.
What is the consensus analysts' recommendation for MasTec?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MasTec.
Has MasTec been receiving favorable news coverage?
Media stories about MTZ stock have been trending negative on Thursday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MasTec earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned headlines 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 company's share price in the next few days. View News Stories for MasTec.
Are investors shorting MasTec?
MasTec saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 9,981,900 shares, a drop of 16.3% from the July 31st total of 11,929,300 shares. Based on an average trading volume of 749,800 shares, the short-interest ratio is currently 13.3 days. Currently, 17.1% of the shares of the stock are short sold. View MasTec's Current Options Chain.
Who are some of MasTec's key competitors?
What other stocks do shareholders of MasTec own?
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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.41%), BlackRock Inc. (10.41%), Vanguard Group Inc. (7.81%), Wells Fargo & Company MN (2.24%), Northern Trust Corp (1.35%) and DNB Asset Management AS (1.29%). Company insiders that own MasTec stock include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, Julia L Johnson, 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 Schroder Investment Management Group, SG Capital Management LLC, Verition Fund Management LLC, Handelsinvest Investeringsforvaltning, Impax Asset Management Group plc, First Trust Advisors LP, Rice Hall James & Associates LLC and Trexquant Investment LP. Company insiders that have sold MasTec company stock in the last year include C Robert Campbell, Ernst N Csiszar, Robert E Apple and Robert J Dwyer. View Insider Buying and Selling for MasTec.
Which major investors are buying MasTec stock?
MTZ stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, AQR Capital Management LLC, South Street Advisors LLC, BlackRock Inc., BlackRock Inc., Renaissance Technologies LLC, Lisanti Capital Growth LLC and Invesco Ltd.. 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, Robinhood, Fidelity and Charles Schwab.
What is MasTec's stock price today?
One share of MTZ stock can currently be purchased for approximately $64.85.
How big of a company is MasTec?
MasTec has a market capitalization of $4.95 billion and generates $6.91 billion in revenue each year. The construction company earns $259.66 million in net income (profit) each year or $3.64 on an earnings per share basis. MasTec employs 19,000 workers across the globe.View Additional Information About MasTec.
What is MasTec's official website?
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)
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.
