Equities Analysts Set Expectations for MasTec Q1 Earnings

MasTec, Inc. (NYSE:MTZ) – Stock analysts at 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 per share of $0.26 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.

A number of other analysts have also recently weighed in on the company. Robert W. Baird cut their price target on MasTec from $162.00 to $153.00 and set a “neutral” rating on the stock in a research note on Monday, March 3rd. Citigroup boosted their target price on MasTec from $156.00 to $167.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Truist Financial upped their price target on MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a report on Thursday, December 19th. KeyCorp raised their price objective on shares of MasTec from $153.00 to $168.00 and gave the stock an “overweight” rating in a report on Wednesday, January 8th. Finally, Stifel Nicolaus lowered their target price on shares of MasTec from $185.00 to $175.00 and set a “buy” rating for the company in a report on Monday, March 3rd. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $160.07.

MasTec Price Performance

MasTec stock opened at $123.89 on Thursday. 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 fifty day simple moving average of $135.56 and a 200-day simple moving average of $132.48. The stock has a market cap of $9.82 billion, a P/E ratio of 110.61 and a beta of 1.74. MasTec has a 12-month low of $82.29 and a 12-month high of $166.95.

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

Institutional Investors Weigh In On MasTec

Hedge funds have recently made changes to their positions in the business. Pacer Advisors Inc. raised its stake in shares of MasTec by 65.6% during the third quarter. Pacer Advisors Inc. now owns 2,260,865 shares of the construction company’s stock worth $278,312,000 after purchasing an additional 895,227 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in MasTec during the fourth quarter worth about $59,910,000. First Trust Advisors LP lifted its position in MasTec by 173.8% in the fourth quarter. First Trust Advisors LP now owns 587,788 shares of the construction company’s stock valued at $80,021,000 after purchasing an additional 373,145 shares during the period. Balyasny Asset Management L.P. boosted its holdings in MasTec by 137.6% in the 4th quarter. Balyasny Asset Management L.P. now owns 627,670 shares of the construction company’s stock valued at $85,451,000 after purchasing an additional 363,502 shares in the last quarter. Finally, Merewether Investment Management LP acquired a new position in MasTec during the 4th quarter worth approximately $46,612,000. Institutional investors and hedge funds 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.