Profile
Sector:
IndustrialsIndustry:
Engineering & ConstructionCountry:
United StatesIPO:
21 February 1973Website:
http://www.mastec.comNext earnings report:
02 August 2024Last dividends:
04 August 1982Next dividends:
N/APrice
pre-market | 23 min agoDividend
Analysts recommendations
Institutional Ownership
MTZ Latest News
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, improvements in bid discipline and execution are expected to drive margin growth. The stock is trading at a discount to its peer, Quanta Services, and has the potential for a valuation re-rating as execution improves and demand increases.
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 from holders (the "Holders") of not less than a majority in principal amount of IEA's 6.625% Senior Notes due 2029 (the "IEA Notes") sufficient to adopt the Proposed Amendments (as defined herein) with respect to the IEA Notes Indenture (as defined herein) pursuant to the previously announced cash tender offer for any and all outstanding IEA Notes (the "Tender Offer") and the related solicitation of consents from the Holders of the IEA Notes (the "Consent Solicitation").
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
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 2029.
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to detail his latest trades.
MasTec (MTZ) benefits from a strong pipeline in its various sectors and acquisitions.
The Zacks Style Scores provide investors with a simple way to identify top-rated stocks that align with their investing preferences. Here's why you should make use of this tool.
MasTec's (MTZ) first-quarter 2024 results reflect the robust performance of its Oil and Gas segment along with a sequentially higher 18-month backlog. Expectations about demand growth in power and data capacity foster growth prospects of the company.
Here is a comparison of the performance of MasTec (MTZ) and Acuity Brands (AYI) with their sector year-to-date.
At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.
- 1(current)
- 2
What type of business is MasTec?
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 Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
What sector is MasTec in?
MasTec is in the Industrials sector
What industry is MasTec in?
MasTec is in the Engineering & Construction industry
What country is MasTec from?
MasTec is headquartered in United States
When did MasTec go public?
MasTec initial public offering (IPO) was on 21 February 1973
What is MasTec website?
https://www.mastec.com
Is MasTec in the S&P 500?
No, MasTec is not included in the S&P 500 index
Is MasTec in the NASDAQ 100?
No, MasTec is not included in the NASDAQ 100 index
Is MasTec in the Dow Jones?
No, MasTec is not included in the Dow Jones index
When does MasTec report earnings?
The next expected earnings date for MasTec is 02 August 2024