MasTec, Inc. (MTZ)

NYSE: MTZ · IEX Real-Time Price · USD
73.96
+1.84 (2.56%)
Feb 27, 2024, 12:32 PM EST - Market open
2.56%
Market Cap 5.68B
Revenue (ttm) 11.72B
Net Income (ttm) -47.48M
Shares Out 78.82M
EPS (ttm) -0.63
PE Ratio n/a
Forward PE 34.28
Dividend n/a
Ex-Dividend Date n/a
Volume 333,102
Open 73.34
Previous Close 72.11
Day's Range 73.14 - 74.95
52-Week Range 44.65 - 123.33
Beta 1.57
Analysts Buy
Price Target 92.45 (+25.01%)
Earnings Date Feb 29, 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 builds underground and overhead distribution systems, including trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber commu... [Read more]

Sector Industrials
Founded 1929
Employees 32,000
Stock Exchange NYSE
Ticker Symbol MTZ
Full Company Profile

Financial Performance

In 2022, MasTec's revenue was $9.78 billion, an increase of 22.97% compared to the previous year's $7.95 billion. Earnings were $33.35 million, a decrease of -89.86%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for MTZ stock is "Buy." The 12-month stock price forecast is $92.45, which is an increase of 25.01% from the latest price.

Price Target
$92.45
(25.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

This infrastructure construction stock: Is it ready to pop?

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1 day ago - MarketBeat

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...

11 days ago - PRNewsWire

Good Buy or Goodbye: Ferrovial vs. Mastec?

On Yahoo Finance's ""Good Buy or Goodbye"" segment, Tema ETF Founder Maurits Pot evaluates stock picks within the infrastructure and construction services sector. He spotlights Spanish construction gi...

5 weeks ago - Yahoo Finance

Rate cuts could send MasTec stock earnings through the roof

This is not the stock market you were used to seeing since the COVID-19 pandemic; in fact, it may not even be like any market you've witnessed before because, for the first time in a long time, the FE...

7 weeks ago - MarketBeat

Construction activity suddenly booming, 3 stocks you can't miss

They say when the FED lowers rates, bubbles almost become inevitable as cheap money races in every direction to find high-risk, high-reward investments or trades. But you are not the average investor;...

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2 months ago - MarketBeat

MasTec Senior Management to Present at the UBS 2023 Industrial Summit Investor Conference

CORAL GABLES, Fla. , Nov. 24, 2023 /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 Ind...

3 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MasTec, Inc. - MTZ

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of MasTec, Inc. ("MasTec" or the "Company") (NYSE: MTZ).   Such investors are advised to contact Ro...

4 months ago - PRNewsWire

MasTec Senior Management to Present at the Robert W. Baird 2023 Global Industrial Investor Conference

CORAL GABLES, Fla. , Nov. 2, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the R.W.

4 months ago - PRNewsWire

MasTec Announces Third Quarter 2023 Financial Results and Updates Guidance for the Year

CORAL GABLES, Fla. , Oct. 31, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced 2023 third quarter financial results and updated its full year 2023 guidance expectations.

4 months ago - PRNewsWire

MasTec Schedules Third Quarter 2023 Earnings Release and Conference Call

CORAL GABLES, Fla., Oct. 19, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2023, after the market closes ...

4 months ago - PRNewsWire

Top 5 Industrials Stocks That May Explode In October - Johnson Controls Intl (NYSE:JCI), Alight (NYSE:ALIT)

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

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5 months ago - Benzinga

MasTec Senior Management to Participate in Webcast Fireside Chats at the Morgan Stanley and D.A. Davidson Institutional Investor Conferences

CORAL GABLES, Fla. , Sept. 1, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in fireside chats about the company's operations and potent...

6 months ago - PRNewsWire

3 Construction Stocks That Will Bring Growth This Fall

As summer winds down, business activity is picking up in the construction sector, which was beaten down for much of the year. The possibility for attractive growth in the upcoming quarter commands att...

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6 months ago - MarketBeat

U.S. spending on clean energy reaches $150 billion in capital investment

CNBC's Pippa Stevens reports on the climate fight in Congress.

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7 months ago - CNBC Television

MasTec Announces Second Quarter 2023 Financial Results with Record Revenue and Updates Guidance for the Year

Record Second Quarter 2023 Revenue Increased 25% Over Same Quarter Last Year to $2.9 Billion Second Quarter 2023 Results Include GAAP Net Income of $16.8 Million with Adjusted Net Income of $70.7 Mill...

7 months ago - PRNewsWire

MasTec Inc. (MTZ): A Construction Giant with Good Outperformance Potential

MasTec Inc. ( MTZ , Financial), a leading infrastructure construction company, is currently trading at $121.66 with a market capitalization of $9.59 billion. The company's stock price has seen a gain ...

7 months ago - GuruFocus

MasTec Schedules Second Quarter 2023 Earnings Release and Conference Call

CORAL GABLES, Fla. , July 20, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2023, after the market closes on T...

7 months ago - PRNewsWire

Final Trades: Oracle, MasTec, Alaska Air & more

The "Halftime Report" traders give their top picks to watch for the second half.

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8 months ago - CNBC Television

GE Stock and Five More Winners From the Debt Ceiling Deal

Citi industrial analyst Andrew Kaplowitz says the debt ceiling outcome is favorable for several stocks he covers.

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9 months ago - Barrons

White House backs push to speed up energy project approvals ahead of permitting hearing

CNBC's Pippa Stevens reports on news from the White House.

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10 months ago - CNBC Television

MasTec Announces First Quarter 2023 Financial Results with Record Backlog and Updates Guidance for the Year

First Quarter 2023 Revenue Increased 32% Over Same Quarter Last Year First Quarter 2023 Results Include GAAP Net Loss of $80.5 Million, Adjusted EBITDA of $102.5 Million, Diluted Loss Per Share of $1....

10 months ago - PRNewsWire

MasTec Schedules First Quarter 2023 Earnings Release and Conference Call

CORAL GABLES, Fla. , April 24, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended March 31, 2023, after the market closes on...

11 months ago - PRNewsWire

MasTec Announces Fourth Quarter and Annual 2022 Financial Results

Fourth Quarter 2022 Results Include GAAP Net Income of $3.4 Million, Adjusted EBITDA of $258 Million, Diluted Earnings Per Share of $0.04 and Adjusted Diluted Earnings Per Share of $1.03 Successfully ...

1 year ago - PRNewsWire

The 9 Best Growth Stocks to Buy Right Now

A sharp selloff in growth stocks creates opportunity for keen investors. Here are nine top-rated picks to consider.

1 year ago - Kiplinger

MasTec Schedules Fourth Quarter 2022 Earnings Release and Conference Call

CORAL GABLES, Fla. , Feb. 6, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2022, after the market...

1 year ago - PRNewsWire