Equities Analysts Set Expectations for MasTec Q1 Earnings

MasTec, Inc. (NYSE:MTZ) – Stock analysts at B. Riley issued their Q1 2025 EPS estimates for MasTec in a note issued to investors on Tuesday, March 18th. B. Riley analyst L. Burke forecasts that the construction company will post earnings per share of $0.26 for the quarter. B. Riley 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 earnings results on Thursday, February 27th. The construction company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. The firm had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.32 billion. MasTec had a return on equity of 8.27% and a net margin of 0.73%.

Several other equities analysts also recently issued reports on MTZ. Guggenheim began coverage on shares of MasTec in a report on Wednesday, January 8th. They set a “buy” rating and a $195.00 price objective on the stock. Robert W. Baird lowered their price objective on MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday, March 3rd. Stifel Nicolaus reduced their target price on MasTec from $185.00 to $175.00 and set a “buy” rating for the company in a report on Monday, March 3rd. KeyCorp raised their target price on MasTec from $153.00 to $168.00 and gave the company an “overweight” rating in a research report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. boosted their price target on MasTec from $154.00 to $172.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $160.07.

MasTec Trading Down 2.1 %

Shares of NYSE:MTZ opened at $123.89 on Thursday. The business’s 50 day moving average price is $135.56 and its 200-day moving average price is $132.48. MasTec has a 1 year low of $82.29 and a 1 year high of $166.95. 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 company has a debt-to-equity ratio of 0.76, a current ratio of 1.24 and a quick ratio of 1.20.

Institutional Trading of MasTec

Several hedge funds have recently made changes to their positions in the company. Allworth Financial LP boosted its holdings in MasTec by 15.1% during the 4th quarter. Allworth Financial LP now owns 596 shares of the construction company’s stock valued at $81,000 after acquiring an additional 78 shares during the period. CIBC Asset Management Inc lifted its position in shares of MasTec by 3.7% during 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 in the last quarter. Arizona State Retirement System boosted its stake in shares of MasTec by 0.5% in the fourth quarter. Arizona State Retirement System now owns 18,393 shares of the construction company’s stock valued at $2,504,000 after purchasing an additional 89 shares during the period. Coldstream Capital Management Inc. grew its holdings in shares of MasTec by 2.8% in the third quarter. Coldstream Capital Management Inc. now owns 3,425 shares of the construction company’s stock valued at $423,000 after purchasing an additional 94 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake 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 buying an additional 101 shares during the period. Hedge funds and other institutional investors own 78.10% of the company’s stock.

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.