MasTec, Inc. (MTZ)
| Market Cap | 10.97B |
| Revenue (ttm) | 12.18B |
| Net Income (ttm) | 88.80M |
| Shares Out | 77.93M |
| EPS (ttm) | 1.13 |
| PE Ratio | 124.84 |
| Forward PE | 29.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 553,121 |
| Open | 142.51 |
| Previous Close | 142.40 |
| Day's Range | 139.36 - 142.54 |
| 52-Week Range | 54.06 - 147.23 |
| Beta | 1.70 |
| Analysts | Strong Buy |
| Price Target | 146.57 (+4.08%) |
| Earnings Date | Oct 31, 2024 |
About MTZ
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, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company build infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, includi... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for MTZ stock is "Strong Buy." The 12-month stock price forecast is $146.57, which is an increase of 4.08% from the latest price.
News
MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)
MasTec's topline growth is under pressure in 2024 due to weak Oil and Gas segment performance, but strong backlog and project pipeline promise long-term growth. Despite moderate topline growth, margin...
MasTec Senior Management to Present at the Baird 2024 Global Industrial Conference
CORAL GABLES, Fla. , Nov. 6, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be in Chicago participating in a fireside chat with our covering analyst at t...
Infrastructure Construction Company MasTec Is Poised For Double Digit Margin Expansion, Analyst Says
Shares of MasTec Inc MTZ continued their upward trajectory in early trading on Tuesday, after climbing last week on the company's raised 2024 adjusted earnings guidance.
MasTec, Inc. (MTZ) Q3 2024 Earnings Call Transcript
MasTec, Inc. (NYSE:MTZ) Q3 2024 Earnings Call November 1, 2024 9:00 AM ET Company Participants Marc Lewis - Vice President, Investor Relations Jose Mas - Chief Executive Officer Paul Dimarco - Execut...
MasTec Announces Third Quarter 2024 Financial Results and Increases Guidance for the Year
Third Quarter 2024 Revenue of $3.3 Billion with Significant Margin Expansion Over Last Year Third Quarter 2024 Diluted Earnings Per Share of $1.21 and Adjusted Diluted Earnings Per Share of $1.63, Abo...
MasTec Schedules Third Quarter 2024 Earnings Release and Conference Call
CORAL GABLES, Fla. , Oct. 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2024, after the market closes...
GE Stock and 4 More Industrial Ideas From a Technical Analyst
Chart Smarter ‘s Douglas Busch believes industrial stocks are poised for more gains soon.
MasTec Senior Management to Participate in Webcast Fireside Chats at the Morgan Stanley and D.A. Davidson Institutional Investor Conferences
CORAL GABLES, Fla. , Sept. 5, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in two analyst fireside chats in September.
MasTec Is A Late Bloomer That's Finally Coming Into Its Own
Early excellence often captures our collective attention and imagination.
MasTec Analysts Increase Their Forecasts After Better-Than-Expected Earnings
MasTec, Inc. MTZ reported better-than-expected second-quarter adjusted earnings results, after the closing bell on Thursday.
MasTec, Inc. (MTZ) Q2 2024 Earnings Call Transcript
MasTec, Inc. (NYSE:MTZ) Q2 2024 Earnings Call August 2, 2024 9:00 AM ET Company Participants Marc Lewis - Vice President, Investor Relations Jose Mas - Chief Executive Officer Paul Dimarco - Executiv...
MasTec Announces Second Quarter 2024 Financial Results and Updates Guidance for the Year
Record Second Quarter 2024 Revenue of $3.0 Billion Second Quarter 2024 Diluted Earnings Per Share of $0.43 and Adjusted Diluted Earnings Per Share of $0.96, $0.08 Above Expectations Second Quarter 202...
MasTec Schedules Second Quarter 2024 Earnings Release and Conference Call
CORAL GABLES, Fla. , July 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2024, after the market closes on T...
These stocks offer some insulation against election volatility
As the U.S. gears up for November's presidential election, stocks across sectors such as defense, telecom, water, environment and construction could provide refuge from any volatility that arises, acc...
MasTec: Secular Trends, Regulatory Tailwinds, And Improving Execution Should Drive Upside
MasTec, Inc. has good growth prospects driven by 5G infrastructure expansion, federal funding, sustainability trends, and energy independence needs. Despite project execution issues impacting margins,...
MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent Solicitation
CORAL GABLES, Fla. , June 20, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") announced that IEA Energy Services LLC, a wholly owned subsidiary of MasTec ("IEA"), has received valid consents ...
MasTec Announces Pricing of $550,000,000 of Senior Notes
CORAL GABLES, Fla. , June 5, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced the pricing of its public offering of $550,000,000 aggregate principal amount of senior notes due ...
MasTec Announces Commencement of Cash Tender Offer for IEA's 6.625% Senior Notes due 2029
CORAL GABLES, Fla. , June 5, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) ("MasTec") today announced that IEA Energy Services LLC, a wholly owned subsidiary of MasTec ("IEA"), has commenced a cash te...
Trade Tracker: Bill Baruch buys MasTec and Chubb, sells Morgan Stanley, Caterpillar and Target
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest trades.
MasTec, Inc. (MTZ) Q1 2024 Earnings Call Transcript
MasTec, Inc. (NYSE:MTZ) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Marc Lewis - Vice President-Investor Relations Jose Mas - Chief Executive Officer Paul DiMarco - E...
MasTec Announces First Quarter 2024 Financial Results and Raises Guidance for the Year
Record First Quarter 2024 Revenue of $2.7 Billion First Quarter 2024 GAAP Net Loss of $34.5 Million, a $46.0 Million Improvement over First Quarter 2023 and Beating Consensus Estimates by $33.1 Millio...
MasTec Schedules First Quarter 2024 Earnings Release and Conference Call
CORAL GABLES, Fla. , April 11, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended March 31, 2024, after the market closes on...
MasTec, Inc. (MTZ) Q4 2023 Earnings Call Transcript
MasTec, Inc. (MTZ) Q4 2023 Earnings Call Transcript
MasTec Announces Fourth Quarter and Annual 2023 Financial Results and Provides Initial 2024 Guidance
Record Fourth Quarter and Annual Revenue of $3.3 Billion and $12.0 Billion, Respectively Full Year 2023 Cash Flow from Operations of $687 Million, a 95% Increase Over Full Year 2022 Fourth Quarter Red...
MasTec Schedules Fourth Quarter 2023 Earnings Release and Conference Call
CORAL GABLES, Fla. , Feb. 16, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2023, after the marke...