NYSE:MTZ

MasTec Stock Forecast, Price & News

$107.76
+0.60 (+0.56 %)
(As of 05/5/2021 12:00 AM ET)
Add
Compare
Today's Range
$106.83
$108.10
50-Day Range
$86.01
$107.16
52-Week Range
$29.17
$108.10
Volume751,049 shs
Average Volume775,739 shs
Market Capitalization$7.99 billion
P/E Ratio25.78
Dividend YieldN/A
Beta1.38
30 days | 90 days | 365 days | Advanced Chart
Receive MTZ 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.

Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
CUSIP57632310
Phone305-599-1800
Employees18,000
Year FoundedN/A

Sales & Book Value

Annual Sales$7.18 billion
Cash Flow$11.33 per share
Book Value$23.47 per share

Profitability

Net Income$392.33 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$7.99 billion
Next Earnings Date5/6/2021 (Confirmed)
OptionableOptionable

Headlines

See More Headlines
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.

MarketRank

Overall MarketRank

1.40 out of 5 stars

Construction Sector

83rd out of 206 stocks

Water, Sewer, & Utility Lines Industry

3rd out of 7 stocks

Analyst Opinion: 1.5Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











MasTec (NYSE:MTZ) Frequently Asked Questions

Is MasTec a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MasTec wasn't one of them. MarketBeat thinks these five stocks 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, May 6th 2021.
View our earnings forecast for MasTec
.

How were MasTec's earnings last quarter?

MasTec, Inc. (NYSE:MTZ) posted its earnings results on Thursday, February, 25th. The construction company reported $1.75 EPS for the quarter, topping the Zacks' consensus estimate of $1.62 by $0.13. The construction company earned $1.64 billion during the quarter, compared to analyst estimates of $1.81 billion. MasTec had a trailing twelve-month return on equity of 18.75% and a net margin of 4.86%.
View MasTec's earnings history
.

How has MasTec's stock been impacted by COVID-19?

MasTec's stock was trading at $33.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MTZ shares have increased by 218.6% and is now trading at $107.76.
View which stocks have been most impacted by COVID-19
.

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

MasTec issued an update on its FY21 earnings guidance on Thursday, February, 25th. The company provided EPS guidance of $5.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.79.

What price target have analysts set for MTZ?

10 equities research analysts have issued 12-month target prices for MasTec's stock. Their forecasts range from $51.00 to $118.00. On average, they anticipate MasTec's share price to reach $86.18 in the next twelve months. This suggests that the stock has a possible downside of 20.0%.
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 $3.58M)
  • Mr. George L. Pita, Exec. VP & CFO (Age 59, Pay $1.61M)
  • Mr. Robert E. Apple, Chief Operating Officer (Age 71, Pay $2.04M)
  • Mr. Alberto I. de Cardenas, Exec. VP, Gen. Counsel & Sec. (Age 52, Pay $1.04M)
  • 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 a variety of institutional and retail investors. Top institutional investors include LSV Asset Management (2.88%), Handelsbanken Fonder AB (0.70%), Kornitzer Capital Management Inc. KS (0.69%), DnB Asset Management AS (0.68%), Envestnet Asset Management Inc. (0.60%) and Kirr Marbach & Co. LLC IN (0.27%). 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 institutional investors are selling MasTec stock?

MTZ stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, LSV Asset Management, Community Trust & Investment Co., Los Angeles Capital Management LLC, Handelsinvest Investeringsforvaltning, Victory Capital Management Inc., DnB Asset Management AS, and Picton Mahoney Asset Management. Company insiders that have sold MasTec company stock in the last year include C Robert Campbell, Cardenas Alberto De, Ernst N Csiszar, George Pita, Robert E Apple, and Robert J Dwyer.
View insider buying and selling activity for MasTec
or view top insider-selling stocks.

Which institutional investors are buying MasTec stock?

MTZ stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., James Investment Research Inc., Mitchell Capital Management Co., CWM Advisors LLC, Private Advisory Group LLC, Emerald Advisers LLC, Commonwealth Equity Services LLC, and AE Wealth Management 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 $107.76.

How much money does MasTec make?

MasTec has a market capitalization of $7.99 billion and generates $7.18 billion in revenue each year. The construction company earns $392.33 million in net income (profit) each year or $5.09 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 5/6/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.