B. Riley Estimates MasTec’s Q2 Earnings (NYSE:MTZ)

MasTec, Inc. (NYSE:MTZ) – Research analysts at B. Riley issued their Q2 2025 earnings per share 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 $1.63 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 Q3 2025 earnings at $2.12 EPS, Q4 2025 earnings at $0.95 EPS and FY2025 earnings at $4.99 EPS.

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

A number of other research firms also recently issued reports on MTZ. JPMorgan Chase & Co. lifted their price objective on shares of MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a report on Tuesday, January 28th. Robert W. Baird cut their price target 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. Truist Financial increased their price objective on shares of MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Barclays upped their target price on MasTec from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Finally, Guggenheim started 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. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, MasTec currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.07.

MasTec Price Performance

Shares of NYSE:MTZ opened at $123.89 on Friday. The firm has a market capitalization of $9.82 billion, a price-to-earnings ratio of 110.61 and a beta of 1.74. The stock’s 50 day moving average is $135.56 and its 200-day moving average is $132.48. MasTec has a twelve month low of $82.29 and a twelve month high of $166.95. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 0.76.

Institutional Trading of MasTec

Several hedge funds have recently added to or reduced their stakes in MTZ. Atria Investments Inc bought a new stake in shares of MasTec in the third quarter valued at approximately $302,000. Victory Capital Management Inc. raised its position in shares of MasTec by 0.8% in the third quarter. Victory Capital Management Inc. now owns 12,858 shares of the construction company’s stock valued at $1,583,000 after purchasing an additional 101 shares during the period. CIBC Asset Management Inc raised its position in shares of MasTec by 3.7% in the third quarter. CIBC Asset Management Inc now owns 2,280 shares of the construction company’s stock valued at $281,000 after purchasing an additional 82 shares during the period. Quest Partners LLC raised its position in shares of MasTec by 360,900.0% in the third quarter. Quest Partners LLC now owns 7,220 shares of the construction company’s stock valued at $889,000 after purchasing an additional 7,218 shares during the period. Finally, Caprock Group LLC raised its position in shares of MasTec by 13.4% in the third quarter. Caprock Group LLC now owns 2,999 shares of the construction company’s stock valued at $369,000 after purchasing an additional 354 shares during the period. Institutional investors own 78.10% of the company’s stock.

MasTec Company Profile

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.