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MasTec, Inc. (MTZ)

NYSE: MTZ · IEX Real-Time Price · USD
89.21 0.67 (0.76%)
Oct 25, 2021 4:00 PM EDT - Market closed
Market Cap6.58B
Revenue (ttm)7.07B
Net Income (ttm)370.71M
Shares Out72.50M
EPS (ttm)5.04
PE Ratio17.71
Forward PE15.48
Dividendn/a
Ex-Dividend Daten/a
Volume851,009
Open88.73
Previous Close88.54
Day's Range87.64 - 89.58
52-Week Range45.81 - 122.33
Beta1.29
AnalystsStrong Buy
Price Target122.58 (+37.4%)
Est. Earnings DateNov 4, 2021

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, Electrical Transmission, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber com...

IndustryConstruction & Engineering
Founded1929
CEOJose Mas
Employees26,000
Stock ExchangeNYSE
Ticker SymbolMTZ
Full Company Profile

Financial Performance

In 2020, MasTec's revenue was $6.32 billion, a decrease of -12.00% compared to the previous year's $7.18 billion. Earnings were $322.85 million, a decrease of -17.71%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MasTec stock is "Strong Buy." The 12-month stock price forecast is 122.58, which is an increase of 37.41% from the latest price.

Price Target
$122.58
(37.41% upside)
Analyst Consensus: Strong Buy

News

MasTec Schedules Third Quarter 2021 Earnings Release and Conference Call

CORAL GABLES, Fla., Oct. 25, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2021 after the market closes on ...

19 hours ago - PRNewsWire

Goldman Sachs Initiates Mastec With Buy, Sees 32% Upside

Goldman Sachs analyst Neil Mehta initiated MasTec, Inc. (NYSE:MTZ) coverage with a Buy rating and a price target of $120, implying an upside of 32.74%. Mehta says the company is levered to long-term sec...

1 month ago - Benzinga

These 3 Renewable Energy Stocks Should Benefit From a New Infrastructure Bill

More than a trillion dollars could be flowing into infrastructure spending and these companies could be big winners if Congress passes an infrastructure bill.

Other symbols:CHPTPTRA
1 month ago - The Motley Fool

Is MasTec (MTZ) Stock Outpacing Its Construction Peers This Year?

Is (MTZ) Outperforming Other Construction Stocks This Year?

1 month ago - Zacks Investment Research

MasTec Senior Management to Present at the Morgan Stanley and DADCO Virtual Investor Conferences

CORAL GABLES, Fla., Sept. 7, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be presenting at the Morgan Stanley Laguna Virtual Conference on Tuesday, Septe...

1 month ago - PRNewsWire

Focus on Clean Energy Aids MasTec (MTZ) Amid Challenges

MasTec (MTZ) gains from the country's clean energy drive and acquisitions. Yet, volatility in the energy market remains a risk.

1 month ago - Zacks Investment Research

Ron Muhlenkamp's Firm Goes 1 for 1 in 2nd Quarter

Muhlenkamp & Co. Inc., the investment firm founded by Ronald Muhlenkamp (Trades, Portfolio), released its portfolio for the second quarter earlier this month.

Other symbols:BMYCCJEQCNVTA
2 months ago - GuruFocus

Has MasTec (MTZ) Outpaced Other Construction Stocks This Year?

Is (MTZ) Outperforming Other Construction Stocks This Year?

2 months ago - Zacks Investment Research

MasTec (MTZ) Shares Up on Q2 Earnings Beat, View Raised

MasTec (MTZ) posts strong Q2 results, which reflect solid end-market opportunities across non Oil & Gas segments.

2 months ago - Zacks Investment Research

MasTec (MTZ) Q2 Earnings Surpass Estimates

MasTec (MTZ) delivered earnings and revenue surprises of 4.00% and -6.02%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

MasTec Announces Second Quarter 2021 Results with Record Backlog and Updates Annual Guidance

CORAL GABLES, Fla., Aug. 5, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced strong second quarter 2021 financial results and updated its guidance for the remainder of 2021.

2 months ago - PRNewsWire

5 Cheap Growth Stocks with Top Rank

Ben Graham knew the PEG ratio was a powerful tool in value stock screening.

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2 months ago - Zacks Investment Research

5 Amazing Earnings Charts

It's not easy to beat every quarter during a pandemic. But these 5 companies have been doing it.

Other symbols:SHAKSQWYETI
2 months ago - Zacks Investment Research

Why the Earnings Surprise Streak Could Continue for MasTec (MTZ)

MasTec (MTZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

MasTec (MTZ) to Report Q2 Earnings: What's in the Offing?

MasTec's (MTZ) Q2 results are likely to reflect segmental benefits.

2 months ago - Zacks Investment Research

MasTec (MTZ) Dips More Than Broader Markets: What You Should Know

In the latest trading session, MasTec (MTZ) closed at $99.14, marking a -0.71% move from the previous day.

2 months ago - Zacks Investment Research

MasTec (MTZ) Earnings Expected to Grow: What to Know Ahead of Q2 Release

MasTec (MTZ) 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.

3 months ago - Zacks Investment Research

MasTec Schedules Second Quarter 2021 Earnings Release and Conference Call

CORAL GABLES, Fla., July 22, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended June 30, 2021 after the market closes on Thurs...

3 months ago - PRNewsWire

New Strong Buy Stocks for July 8th

New Strong Buy Stocks for July 8th

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3 months ago - Zacks Investment Research

Heavy Construction Industry Looks Impressive: 4 Top Stocks to Buy

Heavy Construction Industry Looks Impressive: 4 Top Stocks to Buy

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3 months ago - Zacks Investment Research

5 Top-Performing Buffett-Munger Stocks in 1st Half of Year

As of Wednesday, GuruFocus' Buffett-Munger strategy has returned approximately 17.69% year to date, outperforming the Standard & Poor's 500 Index benchmark return of 13.97% over the same period. The fiv...

Other symbols:CDWKMXNVMI
3 months ago - GuruFocus

MasTec (MTZ) Rallies 134% in Past Year: More Upside Left?

Strong backlog at Clean Energy and Infrastructure, robust prospects of the segments and accretive acquisition strategies will help MasTec (MTZ) generate higher profits.

3 months ago - Zacks Investment Research

7 Construction Stocks to Ride on Biden's Infrastructure Deal

Amid optimism on infrastructural deal and improved economic data, it makes sense to pick stocks from the construction sector that have growth potential.

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4 months ago - Zacks Investment Research

New Strong Buy Stocks for June 22nd

New Strong Buy Stocks for June 22nd

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4 months ago - Zacks Investment Research

MasTec (MTZ) Upgraded to Strong Buy: Here's Why

MasTec (MTZ) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 months ago - Zacks Investment Research