B. Riley Forecasts MasTec’s Q1 Earnings (NYSE:MTZ)

MasTec, Inc. (NYSE:MTZ) – Equities research analysts at B. Riley issued their Q1 2025 EPS estimates for MasTec in a research report issued to clients and investors on Tuesday, March 18th. B. Riley analyst L. Burke expects that the construction company will earn $0.26 per share for the quarter. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for MasTec’s current full-year earnings is $3.44 per share. B. Riley also issued estimates for MasTec’s FY2026 earnings at $5.97 EPS.

MasTec (NYSE:MTZ) last posted its quarterly earnings results on Thursday, February 27th. The construction company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.08. MasTec had a net margin of 0.73% and a return on equity of 8.27%. The firm had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.32 billion.

A number of other brokerages have also recently weighed in on MTZ. KeyCorp raised their price target on MasTec from $153.00 to $168.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Guggenheim initiated coverage on MasTec in a research report on Wednesday, January 8th. They issued a “buy” rating and a $195.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Robert W. Baird reduced their target price on shares of MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday, March 3rd. Finally, Truist Financial lifted their price target on shares of MasTec from $173.00 to $189.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, MasTec presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.07.

MasTec Stock Up 0.6 %

MTZ stock opened at $126.75 on Thursday. MasTec has a 52 week low of $82.29 and a 52 week high of $166.95. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76. The company has a market cap of $10.05 billion, a P/E ratio of 113.17 and a beta of 1.74. The company’s 50-day moving average price is $135.98 and its 200 day moving average price is $132.40.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MTZ. Allworth Financial LP boosted its holdings in shares of MasTec by 15.1% in the 4th quarter. Allworth Financial LP now owns 596 shares of the construction company’s stock valued at $81,000 after buying an additional 78 shares during the period. CIBC Asset Management Inc lifted its holdings in MasTec by 3.7% in the third quarter. CIBC Asset Management Inc now owns 2,280 shares of the construction company’s stock worth $281,000 after purchasing an additional 82 shares during the period. Arizona State Retirement System increased its stake in MasTec by 0.5% during the 4th quarter. Arizona State Retirement System now owns 18,393 shares of the construction company’s stock valued at $2,504,000 after buying an additional 89 shares during the period. Coldstream Capital Management Inc. raised its position in shares of MasTec by 2.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 3,425 shares of the construction company’s stock worth $423,000 after buying an additional 94 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of MasTec by 0.8% in the 3rd quarter. Victory Capital Management Inc. now owns 12,858 shares of the construction company’s stock worth $1,583,000 after acquiring an additional 101 shares during the period. 78.10% of the stock is currently owned by institutional investors.

About 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 five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.