MasTec, Inc. (MTZ)

NYSE: MTZ · Real-Time Price · USD
136.56
+4.49 (3.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
3.40%
Market Cap 10.64B
Revenue (ttm) 12.18B
Net Income (ttm) 88.80M
Shares Out 77.93M
EPS (ttm) 1.13
PE Ratio 121.06
Forward PE 28.30
Dividend n/a
Ex-Dividend Date n/a
Volume 1,228,414
Open 130.54
Previous Close 132.07
Day's Range 130.54 - 139.04
52-Week Range 60.96 - 150.12
Beta 1.73
Analysts Strong Buy
Price Target 148.07 (+8.43%)
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]

Sector Industrials
Founded 1929
Employees 34,000
Stock Exchange NYSE
Ticker Symbol MTZ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MTZ stock is "Strong Buy." The 12-month stock price forecast is $148.07, which is an increase of 8.43% from the latest price.

Price Target
$148.07
(8.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MasTec Senior Management to Present at the UBS Investor Conference

CORAL GABLES, Fla. , Nov. 27, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the UBS 202...

24 days ago - PRNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - PRNewsWire

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.

6 weeks ago - Benzinga

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...

7 weeks ago - Seeking Alpha

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...

7 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: GEMMMXARXLI
2 months ago - Barrons

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.

3 months ago - PRNewsWire

MasTec Is A Late Bloomer That's Finally Coming Into Its Own

Early excellence often captures our collective attention and imagination.

4 months ago - Seeking Alpha

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.

4 months ago - Benzinga

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: ACMDYFLRKBRPSNTTEK
5 months ago - Market Watch

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,...

6 months ago - Seeking Alpha

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 ...

6 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

Other symbols: CATCBMSTGT
7 months ago - CNBC Television

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...

8 months ago - Seeking Alpha

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...

8 months ago - PRNewsWire

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...

9 months ago - PRNewsWire

MasTec, Inc. (MTZ) Q4 2023 Earnings Call Transcript

MasTec, Inc. (MTZ) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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...

10 months ago - PRNewsWire