NYSE:MTZ - MasTec Stock Price, Price Target & More

MasTec trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTZ."

MasTec, Inc. (NYSE:MTZ) issued its quarterly earnings results on Monday, April, 30th. The construction company reported $0.35 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.21 by $0.14. The construction company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.24 billion. MasTec had a net margin of 4.86% and a return on equity of 15.48%. The firm's quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 EPS. View MasTec's Earnings History.

MasTec is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for MasTec.

MasTec issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided EPS guidance of $3.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.50. The company issued revenue guidance of ~$6.9 billion, compared to the consensus revenue estimate of $6.77 billion.MasTec also updated its Q2 guidance to $1.03 EPS.

12 brokers have issued 12-month target prices for MasTec's shares. Their forecasts range from $48.00 to $71.00. On average, they anticipate MasTec's stock price to reach $61.25 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price. View Analyst Ratings for MasTec.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to MasTec include Dycom Industries (DY), Primoris Services (PRIM), Aegion (AEGN), MYR Group (MYRG) and Preformed Line Products (PLPC).

News stories about MTZ stock have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MasTec earned a media sentiment score of 0.12 on Accern's scale. They also gave news coverage about the construction company an impact score of 46.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

MasTec's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include DnB Asset Management AS (1.26%), Handelsbanken Fonder AB (1.07%), Kirr Marbach & Co. LLC IN (0.42%), Columbia Partners L L C Investment Management (0.08%), Pendal Group Ltd (0.06%) and Amalgamated Bank (0.01%). 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.

MTZ stock was sold by a variety of institutional investors in the last quarter, including Kirr Marbach & Co. LLC IN, Handelsbanken Fonder AB and Fortaleza Asset Management Inc.. Company insiders that have sold MasTec company stock in the last year include Cardenas Alberto De, Julia L Johnson and Robert E Apple. View Insider Buying and Selling for MasTec.

MTZ stock was acquired by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Columbia Partners L L C Investment Management, DnB Asset Management AS and Amalgamated Bank. View Insider Buying and Selling for 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.

One share of MTZ stock can currently be purchased for approximately $51.20.

MasTec has a market capitalization of $4.07 billion and generates $6.61 billion in revenue each year. The construction company earns $347.21 million in net income (profit) each year or $2.73 on an earnings per share basis. MasTec employs 17,300 workers across the globe.

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]