Macquarie Infrastructure Corporation (MIC)
| Market Cap | 3.46B |
| Revenue (ttm) | 947.19M |
| Net Income (ttm) | -925.80M |
| Shares Out | 87.41M |
| EPS (ttm) | -10.63 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $11.00 |
| Dividend Yield | 27.85% |
| Trading Day | July 30 |
| Last Price | $39.50 |
| Previous Close | $39.46 |
| Change ($) | 0.04 |
| Change (%) | 0.10% |
| Day's Open | 39.36 |
| Day's Range | 39.13 - 39.63 |
| Day's Volume | 1,120,129 |
| 52-Week Range | 17.81 - 39.63 |
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) (the “Company”) today announced that its Board of Directors set August 23, 2021 as the record date for a Special Meeting of Sh...
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 benefit from recovery of general aviation flight activity, cost-reduction actions, growth capital projects and shareholder-friendly policies.
Macquarie's (MIC) divestment of the MIC Hawaii segment will help it unlock additional shareholder value. The divestment completion is expected in the first half of 2022.
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) (“MIC” or “the Company”) today announced the culmination of its strategic alternatives process by signing a merger agreement w...
The infrastructure company inked a deal to sell some assets. Investors are expecting a nice payday.
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) and KKR today announced the signing of a definitive agreement for MIC to sell its Atlantic Aviation business to KKR for $4.475...
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) today announced the approval of its proposed plan of merger at a Special Meeting of Shareholders of the Company conducted on M...
Macquarie's (MIC) first-quarter 2021 net sales decrease 7.1% year over year on lackluster performance across its segments.
Macquarie (MIC) delivered earnings and revenue surprises of 25.00% and 9.62%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 4, 2021 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) (the "Company") today announced its operational and financial results for the first quarter 2021. The results refle...
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, May 4, 2021...
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (“MIC” or the “Company”) (NYSE: MIC) today announced the results of its cash tender offer (the “Tender Offer”) to purchase any and all of ...
Macquarie's (MIC) fourth-quarter 2020 revenues decrease 28% year over year on account of lackluster performance across its segments.
Macquarie (MIC) delivered earnings and revenue surprises of -3.41% and -35.18%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Macquarie Infrastructure (NYSE:MIC) fell 0.2% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 200.00% year over year to ($0.18), whi...
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (“MIC” or the “Company”) (NYSE: MIC) today announced a tender offer (the “Tender Offer”) to purchase any and all of its 2.00% Convertible ...
NEW YORK, Feb. 17, 2021 /PRNewswire/ -- Macquarie Infrastructure Corporation (NYSE: MIC) today announced its operational and financial results for the fourth quarter and full year 2020 as well as plans ...
On Wednesday, February 17, Macquarie Infrastructure (NYSE:MIC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Macquarie, the world's largest infrastructure investor, has raised 1.6 billion euros ($1.93 billion) for its second global renewables fund, driven by strong demand from institutional investors in Britai...
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 Wednesday, February ...
Why we love the infrastructure space and are allocating capital to the sector. That said, not every infrastructure security is suitable for prudent long-term investors.
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) announced an adjustment to the conversion ratio applicable to its 2.00% Convertible Senior Notes due 2023. The conversion rati...
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Partners II (“MIP II”) announced today that it has completed the divestment of its 50% managed equity interest in Elizabeth River Crossings (“ERC”) to...
Macquarie Infrastructure sold its key asset. We analyze the price and what is left.
Macquarie Infrastructure's (MIC) sale of the IMTT business will enable it to focus more on its core businesses, and allow it to improve balance sheet and shareholders' wealth.
NEW YORK--(BUSINESS WIRE)--Macquarie Infrastructure Corporation (NYSE: MIC) today announced that it has successfully completed the sale of its International-Matex Tank Terminals (“IMTT”) business to an ...
Charts are reiterating the importance of transportation sector in today's economy and in the portfolio of active traders.
Macquarie (MIC) reported earnings 30 days ago. What's next for the stock?
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 agreement t...
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, November 9, ...
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 concern.
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), to serv...
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 Waste Cor...
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
About MIC
Macquarie Infrastructure Corporation invests in infrastructure and infrastructure-like businesses that provide services to corporations, government agencies and individual customers primarily in the United States. It operates through three segments: Atlantic Aviation, MIC Hawaii, and Corporate and Other. The Atlantic Aviation segment offers fuel delivery; aircraft hangar rental; and other services, consisting of de-icing services, landing, concession, transient overnight hangar usage, terminal use, fuel distribution, aircraft parking, aircraft ... [Read more...]
| Industry Airports & Air Services | IPO Date Dec 16, 2004 |
| CEO Christopher Frost | Employees 2,224 |
| Stock Exchange NYSE | Ticker Symbol MIC |
Analyst Forecasts
According to 4 analysts, the average rating for MIC stock is "Buy." The 12-month stock price forecast is 39.67, which is an increase of 0.43% from the latest price.