Brokers Issue Forecasts for MasTec’s Q1 Earnings (NYSE:MTZ)

MasTec, Inc. (NYSE:MTZ) – B. Riley issued their Q1 2025 earnings per share estimates for shares of MasTec in a research report issued to clients and investors on Tuesday, March 18th. B. Riley analyst L. Burke forecasts that the construction company will post earnings of $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 data on Thursday, February 27th. The construction company reported $1.36 earnings per share 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 for the quarter, compared to analysts’ expectations of $3.32 billion.

Several other equities research analysts have also recently weighed in on MTZ. JPMorgan Chase & Co. increased their price objective on MasTec from $154.00 to $172.00 and gave the company an “overweight” rating in a research report on Tuesday, January 28th. Guggenheim began coverage on MasTec in a report on Wednesday, January 8th. They set a “buy” rating and a $195.00 price objective for the company. Truist Financial raised their target price on MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Robert W. Baird decreased their price objective on MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a research report on Monday, March 3rd. Finally, Stifel Nicolaus lowered their price target on shares of MasTec from $185.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. 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 company’s 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 Stock Performance

Shares of MTZ opened at $125.97 on Thursday. MasTec has a 12 month low of $82.29 and a 12 month high of $166.95. The company’s fifty day moving average is $136.38 and its 200-day moving average is $132.44. The firm has a market cap of $9.99 billion, a price-to-earnings ratio of 112.47 and a beta of 1.74. 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 Investors Weigh In On MasTec

A number of hedge funds and other institutional investors have recently made changes to their positions in MTZ. Atria Investments Inc bought a new stake in shares of MasTec in the third quarter valued at about $302,000. Victory Capital Management Inc. boosted its position in MasTec by 0.8% during 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 last quarter. CIBC Asset Management Inc raised its holdings 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 last quarter. Claro Advisors LLC bought a new stake in shares of MasTec in the third quarter worth $230,000. Finally, Quest Partners LLC boosted its holdings in MasTec by 360,900.0% during the third quarter. Quest Partners LLC now owns 7,220 shares of the construction company’s stock worth $889,000 after purchasing an additional 7,218 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors and hedge funds.

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.