Macquarie Infrastructure Corporation (MIC)
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
Macquarie Infrastructure (MIC) is suffering from soft demand environment amid the coronavirus outbreak, high debt level and other issues.
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.
Macquarie Infrastructure Corporation (MIC) CEO Christopher Frost on Q3 2020 Results - Earnings Call Transcript
Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q3 2020 Results - Earnings Call Transcript
Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q3 2020 Results - Earnings Call Transcript
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?
Shares of Macquarie Infrastructure (NYSE:MIC) were flat in pre-market trading after the company reported Q3 results.
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...
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...
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.
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...
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
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...
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...
Macquarie Infrastructure: Q2 Earnings Review - Dividend Return Is Highly Questionable
Top Ranked Income Stocks to Buy for August 6th
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.
Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q2 2020 Results - Earnings Call Transcript
Macquarie Infrastructure's (MIC) CEO Christopher Frost on Q2 2020 Results - Earnings Call Transcript
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?
Top Ranked Income Stocks to Buy for July 31st
Top Ranked Income Stocks to Buy for July 23rd
Top Ranked Income Stocks to Buy for July 21st
Sales growth is one of the most reliable metrics for picking profitable stocks amid a challenging operating backdrop.
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...
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...
Top Ranked Income Stocks to Buy for July 9th
Top Ranked Income Stocks to Buy for July 7th
Macquarie Infrastructure (MIC) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
Top Ranked Income Stocks to Buy for June 25th
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
Macquarie's (MIC) first-quarter 2020 revenues decrease 14% year over year on account of lackluster performance across its segments.
Macquarie Infrastructure Corp (MIC) CEO Christopher Frost on Q1 2020 Results - Earnings Call Transcript
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?
Macquarie (MIC) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
Macquarie (MIC) withdraws guidance for 2020 and suspends the quarterly cash dividend on the impacts of the coronavirus outbreak.
Another company feels the impact of the severe drop in travel.
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
Macquarie Infrastructure Corporation: Stuck In Neutral
Macquarie (MIC) fourth-quarter revenues decline year over year on account of lackluster performance across its segments.
Macquarie Infrastructure Corp. (MIC) CEO Christopher Frost on Q4 2019 Results - Earnings Call Transcript
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?
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.
Top Ranked Income Stocks to Buy for December 31st
The prospects of dividend stocks appear bright for 2020, making the following companies attractive bets.
As dividend growth investment gains popularity among investors, let's take a look at a few stocks worth investing.
Macquarie Infrastructure: Decent Risk/Reward Even After Outrageous Payments To Manager
Macquarie's (MIC) third-quarter revenues decline year over year on account of lacklustre performance across its segments.
Macquarie Infrastructure Company LLC (MIC) CEO Christopher Frost on Q3 2019 Results - Earnings Call Transcript
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?
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 |
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%.
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.