NYSE:MTZ

MasTec Stock Forecast, Price & News

$100.21
-4.49 (-4.29 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$99.72
$103.47
50-Day Range
$98.37
$121.26
52-Week Range
$36.81
$122.33
Volume1.96 million shs
Average Volume836,881 shs
Market Capitalization$7.45 billion
P/E Ratio20.88
Dividend YieldN/A
Beta1.32
30 days | 90 days | 365 days | Advanced Chart
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MasTec logo

About MasTec

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, Clean Energy and Infrastructure, Oil and Gas, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; 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 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 communications, power generation, pipeline, electrical distribution and transmission, 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, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

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Miscellaneous


MarketRank

Overall MarketRank

1.79 out of 5 stars

Construction Sector

47th out of 210 stocks

Water, Sewer, & Utility Lines Industry

3rd out of 7 stocks

Analyst Opinion: 1.5Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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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.

What stocks does MarketBeat like better than MasTec?

Wall Street analysts have given MasTec a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MasTec wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is MasTec's next earnings date?

MasTec is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) posted its earnings results on Thursday, May, 6th. The construction company reported $1.10 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.39. The construction company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.60 billion. MasTec had a net margin of 5.27% and a trailing twelve-month return on equity of 20.48%. The company's revenue for the quarter was up 25.3% on a year-over-year basis. During the same period last year, the business earned $0.60 earnings per share.
View MasTec's earnings history
.

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 196.3% and is now trading at $100.21.
View which stocks have been most impacted by COVID-19
.

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

MasTec updated its FY 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share guidance of 5.400-5.400 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.900. The company issued revenue guidance of $8.20 billion-$8.20 billion, compared to the consensus revenue estimate of $7.70 billion.

What price target have analysts set for MTZ?

9 brokers have issued 1-year target prices for MasTec's shares. Their forecasts range from $59.00 to $140.00. On average, they anticipate MasTec's share price to reach $108.00 in the next year. This suggests a possible upside of 7.8% 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:
  • Mr. Jose Ramon Mas, CEO & Director (Age 50, Pay $3.49M)
  • Mr. George L. Pita, Exec. VP & CFO (Age 59, Pay $1.58M)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 71, Pay $2.02M)
  • Mr. Alberto I. de Cardenas, Exec. VP, Gen. Counsel & Sec. (Age 52, Pay $1.02M)
  • Mr. J. Marc Lewis, VP of Investor Relations
  • Mr. Gary L. Smith, Sr. VP of Communications Group
  • Mr. Pablo A. Alvarez, Exec. VP of Mergers & Acquisitions
  • Mr. Paul Dimarco, Sr. VP & Treasurer

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.

Who are some of MasTec's key competitors?

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 The 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (10.13%), Dimensional Fund Advisors LP (3.93%), Boston Partners (2.94%), LSV Asset Management (2.88%), Nordea Investment Management AB (2.38%) and Goldman Sachs Group Inc. (1.78%). 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 Boston Partners, Nordea Investment Management AB, Peregrine Capital Management LLC, Prudential Financial Inc., JPMorgan Chase & Co., Handelsbanken Fonder AB, Goldman Sachs Group Inc., and Northern Trust Corp. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Credit Suisse AG, Envestnet Asset Management Inc., Renaissance Technologies LLC, Voloridge Investment Management LLC, Electron Capital Partners LLC, Encompass Capital Advisors LLC, and Lisanti Capital Growth LLC.
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 $100.21.

How much money does MasTec make?

MasTec has a market capitalization of $7.45 billion and generates $6.32 billion in revenue each year. The construction company earns $322.85 million in net income (profit) each year or $4.87 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?

MasTec is headquartered at 800 S. Douglas Road 12th Floor, Coral Gables FL, 33134.

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]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
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