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Macquarie Infrastructure Corporation (MIC)

Stock Price: $33.08 USD 0.46 (1.41%)
Updated December 4, 3:59 PM EST - Market closed

MIC Stock Price Chart

Key Info

Market Cap 2.88B
Revenue (ttm) 1.30B
Net Income (ttm) -876.00M
Shares Out 87.03M
EPS (ttm) -10.11
PE Ratio n/a
Forward PE n/a
Dividend $4.00
Dividend Yield 12.09%

Stock Quote

Trading Day December 4
Last Price $33.08
Previous Close $32.62
Change ($) 0.46
Change (%) 1.41%
Day's Open 32.89
Day's Range 32.68 - 33.85
Day's Volume 929,922
52-Week Range 14.10 - 44.57

MIC Stock News

Zacks Investment Research - 1 week ago

Macquarie Infrastructure (MIC) is suffering from soft demand environment amid the coronavirus outbreak, high debt level and other issues.

Zacks Investment Research - 3 weeks ago

Macquarie's (MIC) third-quarter 2020 revenues decline 29.6% year over year on account of lackluster performance across Atlantic Aviation and MIC Hawaii segments.

Seeking Alpha - 3 weeks ago

Macquarie Infrastructure Corporation (MIC) CEO Christopher Frost on Q3 2020 Results - Earnings Call Transcript

Seeking Alpha - 3 weeks ago

Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 weeks ago

Macquarie (MIC) delivered earnings and revenue surprises of -46.25% and -37.94%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 3 weeks ago

Shares of Macquarie Infrastructure (NYSE:MIC) were flat in pre-market trading after the company reported Q3 results.

PRNewsWire - 3 weeks ago

NEW YORK, Nov. 9, 2020 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today announced its operational and financial results for the third quarter 2020 and its entry into an a...

Business Wire - 1 month ago

NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (MIC) (NYSE: MIC) has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Monday, No...

Zacks Investment Research - 1 month ago

Macquarie (MIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 1 month ago

Macquarie (MIC) stands to gain from solid demand for storage of petroleum products, growth projects and shareholder-friendly policies. The coronavirus outbreak-led market downturn remains a co...

Zacks Investment Research - 3 months ago

Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?

Business Wire - 3 months ago

NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE:MIC) today announced that Nick O’Neil has been seconded by the Company's manager, Macquarie Infrastructure Management (USA...

Business Wire - 3 months ago

HOUSTON--(BUSINESS WIRE)--Macquarie Infrastructure and Real Assets (“MIRA”), via Macquarie Infrastructure Partners II (“MIP II”), today announced that an agreement has been reached to sell WCA...

Seeking Alpha - 3 months ago

Macquarie Infrastructure: Q2 Earnings Review - Dividend Return Is Highly Questionable

Zacks Investment Research - 3 months ago

Top Ranked Income Stocks to Buy for August 6th

Other stocks mentioned: BGS, CMO, WDR
Zacks Investment Research - 3 months ago

Macquarie's (MIC) second-quarter 2020 revenues decline 37.3% year over year on account of lackluster performance across Atlantic Aviation and MIC Hawaii segments.

Seeking Alpha - 4 months ago

Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 4 months ago

Macquarie (MIC) delivered earnings and revenue surprises of 15.22% and -11.74%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 4 months ago

Top Ranked Income Stocks to Buy for July 31st

Other stocks mentioned: AGNC, DKL, SRLP
Zacks Investment Research - 4 months ago

Top Ranked Income Stocks to Buy for July 23rd

Other stocks mentioned: ACRE, DCP, RIO
Zacks Investment Research - 4 months ago

Top Ranked Income Stocks to Buy for July 21st

Other stocks mentioned: ARI, RIO
Zacks Investment Research - 4 months ago

Sales growth is one of the most reliable metrics for picking profitable stocks amid a challenging operating backdrop.

Other stocks mentioned: OC, PKI, POR, TRU
Business Wire - 4 months ago

NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (MIC) (NYSE: MIC) has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Tuesday, A...

Zacks Investment Research - 4 months ago

Macquarie (MIC) is poised to benefit from a well-diversified business structure, buyout activities and a strong pipeline of projects. Also, investments increase the company's growth opportunit...

Zacks Investment Research - 4 months ago

Top Ranked Income Stocks to Buy for July 9th

Other stocks mentioned: ARI, BGS, NLY
Zacks Investment Research - 4 months ago

Top Ranked Income Stocks to Buy for July 7th

Other stocks mentioned: NLY, PBFX
Zacks Investment Research - 5 months ago

Macquarie Infrastructure (MIC) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Zacks Investment Research - 5 months ago

Top Ranked Income Stocks to Buy for June 25th

Other stocks mentioned: BBL, CMRE, DKL
Zacks Investment Research - 6 months ago

Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?

Zacks Investment Research - 6 months ago

Macquarie's (MIC) first-quarter 2020 revenues decrease 14% year over year on account of lackluster performance across its segments.

Seeking Alpha - 6 months ago

Macquarie Infrastructure Corp (MIC) CEO Christopher Frost on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 6 months ago

Macquarie (MIC) delivered earnings and revenue surprises of -0.92% and -9.09%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 7 months ago

Macquarie (MIC) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

Zacks Investment Research - 7 months ago

Macquarie (MIC) withdraws guidance for 2020 and suspends the quarterly cash dividend on the impacts of the coronavirus outbreak.

Seeking Alpha - 7 months ago

Macquarie Infrastructure Post-Dividend Cut

The Motley Fool - 8 months ago

Another company feels the impact of the severe drop in travel.

Zacks Investment Research - 8 months ago

Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?

Seeking Alpha - 9 months ago

Macquarie Infrastructure Corporation: Stuck In Neutral

Zacks Investment Research - 9 months ago

Macquarie (MIC) fourth-quarter revenues decline year over year on account of lackluster performance across its segments.

Seeking Alpha - 9 months ago

Macquarie Infrastructure Corp. (MIC) CEO Christopher Frost on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 9 months ago

Macquarie (MIC) delivered earnings and revenue surprises of -12.62% and -3.96%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

24/7 Wall Street - 9 months ago

It may sound old to read that investors love dividends. That is something the public is just going to have to learn to deal with.

Other stocks mentioned: ARCC, DSL, M, NRZ, NS, PK, SBRA
Zacks Investment Research - 11 months ago

Top Ranked Income Stocks to Buy for December 31st

Other stocks mentioned: SPKE, USAC, VGR
Zacks Investment Research - 11 months ago

The prospects of dividend stocks appear bright for 2020, making the following companies attractive bets.

Other stocks mentioned: APAM, DKL, NEWT, SPKE, VGR
Zacks Investment Research - 11 months ago

As dividend growth investment gains popularity among investors, let's take a look at a few stocks worth investing.

Other stocks mentioned: APAM, SPKE, VGR
Seeking Alpha - 1 year ago

Macquarie Infrastructure: Decent Risk/Reward Even After Outrageous Payments To Manager

Zacks Investment Research - 1 year ago

Macquarie's (MIC) third-quarter revenues decline year over year on account of lacklustre performance across its segments.

Seeking Alpha - 1 year ago

Macquarie Infrastructure Company LLC (MIC) CEO Christopher Frost on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Macquarie (MIC) delivered earnings and revenue surprises of 0.00% and -2.97%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

Macquarie (MIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

About MIC

Macquarie Infrastructure Corporation owns and operates a portfolio of infrastructure and infrastructure-like businesses that provide services to corporations, government agencies and individual customers primarily in the United States. It operates through: International-Matex Tank Terminals (IMTT), Atlantic Aviation, and MIC Hawaii segments. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, various commodity and specialty chemicals, renewable fuels, and vegetable and tropical oils through a networ... [Read more...]

Industry
Airports & Air Services
IPO Date
Dec 16, 2004
CEO
Christopher Frost
Employees
3,379
Stock Exchange
NYSE
Ticker Symbol
MIC
Full Company Profile

Financial Performance

In 2019, MIC's revenue was $1.73 billion, a decrease of -1.93% compared to the previous year's $1.76 billion. Earnings were $156.00 million, an increase of 13.87%.

Financial Statements

Analyst Forecasts

The average 12-month stock price forecast for MIC is 34.50, which is an increase of 4.29% from the latest price.

Price Target
$34.50
(4.29% upside)