What is B. Riley’s Forecast for MasTec Q1 Earnings?

MasTec, Inc. (NYSE:MTZ) – Equities researchers at B. Riley issued their Q1 2025 EPS estimates for shares of MasTec in a research report issued on Tuesday, March 18th. B. Riley analyst L. Burke anticipates 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.

Other research analysts also recently issued reports about the company. Stifel Nicolaus reduced their price objective on MasTec from $185.00 to $175.00 and set a “buy” rating on the stock in a report on Monday, March 3rd. Robert W. Baird decreased their price target on MasTec from $162.00 to $153.00 and set a “neutral” rating for the company in a research note on Monday, March 3rd. Truist Financial upped their price objective on shares of MasTec from $173.00 to $189.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Guggenheim assumed coverage on MasTec in a report on Wednesday, January 8th. They issued a “buy” rating and a $195.00 price objective on the stock. Finally, Barclays increased their price objective on shares of MasTec from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 4th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $160.07.

MasTec Stock Up 0.6 %

NYSE:MTZ opened at $126.75 on Thursday. The company has a market cap of $10.05 billion, a price-to-earnings ratio of 113.17 and a beta of 1.74. MasTec has a twelve month low of $82.29 and a twelve month high of $166.95. The stock has a fifty day simple moving average of $135.98 and a 200-day simple moving average of $132.40. The company has a current ratio of 1.24, a quick ratio of 1.20 and a debt-to-equity ratio of 0.76.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, February 27th. The construction company reported $1.36 earnings per share for the quarter, beating 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 business had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $3.32 billion.

Institutional Trading of MasTec

Hedge funds and other institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of MasTec during the 3rd quarter worth approximately $25,000. Ameliora Wealth Management Ltd. acquired a new position in shares of MasTec in the fourth quarter worth $25,000. EverSource Wealth Advisors LLC increased its position in shares of MasTec by 181.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 180 shares of the construction company’s stock worth $25,000 after acquiring an additional 116 shares during the period. Colonial Trust Co SC boosted its holdings in MasTec by 335.7% in the fourth quarter. Colonial Trust Co SC now owns 183 shares of the construction company’s stock valued at $25,000 after purchasing an additional 141 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in MasTec by 93.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 265 shares of the construction company’s stock worth $36,000 after purchasing an additional 128 shares in the last quarter. 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.