NYSE:MTZ - MasTec Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$52.35 +0.48 (+0.93 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$51.87
Today's Range$51.40 - $52.41
52-Week Range$37.24 - $54.70
Volume510,300 shs
Average Volume875,611 shs
Market Capitalization$3.99 billion
P/E Ratio14.38
Dividend YieldN/A
Beta1.43
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. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure; 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 natural gas and petroleum pipeline, communications, electrical distribution and transmission, power generation, 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. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

Receive MTZ News and Ratings via Email

Sign-up to receive the latest news and ratings for MTZ and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP57632310
Phone305-599-1800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.91 billion
Cash Flow$7.0648 per share
Book Value$17.69 per share

Profitability

Net Income$259.66 million

Miscellaneous

Employees19,000
Market Cap$3.99 billion
Next Earnings Date5/2/2019 (Confirmed)
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) posted its quarterly earnings data on Thursday, November, 1st. The construction company reported $1.33 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.20 by $0.13. The construction company earned $1.98 billion during the quarter, compared to analyst estimates of $1.99 billion. MasTec had a net margin of 3.76% and a return on equity of 20.37%. The company's revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share. View MasTec's Earnings History.

When is MasTec's next earnings date?

MasTec is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for MasTec.

How can I listen to MasTec's earnings call?

MasTec will be holding an earnings conference call on Friday, May 3rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882208451.

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

MasTec issued an update on its FY 2019 earnings guidance on Thursday, February, 28th. The company provided earnings per share guidance of $4.34-4.34 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.25. The company issued revenue guidance of $7.6-7.6 billion, compared to the consensus revenue estimate of $7.57 billion.MasTec also updated its Q1 2019 guidance to $0.43-0.43 EPS.

What price target have analysts set for MTZ?

7 Wall Street analysts have issued 1 year price targets for MasTec's stock. Their forecasts range from $52.00 to $70.00. On average, they expect MasTec's stock price to reach $60.4286 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for MasTec.

What is the consensus analysts' recommendation for MasTec?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MasTec.

Has MasTec been receiving favorable news coverage?

Press coverage about MTZ stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. 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 news impact score of 1.7 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

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), Alibaba Group (BABA), Square (SQ), Paypal (PYPL), Bank of America (BAC), Cisco Systems (CSCO) and Applied Materials (AMAT).

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 number of of institutional and retail investors. Top institutional shareholders include DNB Asset Management AS (1.32%), Kirr Marbach & Co. LLC IN (0.43%), Peregrine Capital Management LLC (0.37%), Community Trust & Investment Co. (0.36%), Retirement Systems of Alabama (0.24%) and Hennessy Advisors Inc. (0.08%). Company insiders that own MasTec stock include C Robert Campbell, Cardenas Alberto De, Jose S Sorzano, Julia L Johnson and Robert E Apple. 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 Kirr Marbach & Co. LLC IN, Hennessy Advisors Inc., Retirement Systems of Alabama, Peregrine Capital Management LLC, Community Trust & Investment Co., Louisiana State Employees Retirement System and Tributary Capital Management LLC. View Insider Buying and Selling for MasTec.

Which major investors are buying MasTec stock?

MTZ stock was purchased by a variety of institutional investors in the last quarter, including Polianta Ltd, DNB Asset Management AS, Pennsylvania Trust Co, Pennsylvania Trust Co, Foundry Partners LLC, Strs Ohio, Virtu Financial LLC and Campbell Newman Asset Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is MasTec's stock price today?

One share of MTZ stock can currently be purchased for approximately $52.35.

How big of a company is MasTec?

MasTec has a market capitalization of $3.99 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.

What is MasTec's official website?

The official website for MasTec is http://www.mastec.com.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  552 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  832
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.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

Featured Article: How Do Mutual Funds Work?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel