What is KeyCorp’s Estimate for MasTec Q1 Earnings?

MasTec, Inc. (NYSE:MTZ) – Equities research analysts at KeyCorp issued their Q1 2026 EPS estimates for MasTec in a research note issued on Tuesday, April 14th. KeyCorp analyst S. Jain expects that the construction company will post earnings per share of $0.92 for the quarter. KeyCorp currently has a “Overweight” rating and a $335.00 price objective on the stock. The consensus estimate for MasTec’s current full-year earnings is $3.44 per share. KeyCorp also issued estimates for MasTec’s Q2 2026 earnings at $2.05 EPS and Q4 2026 earnings at $2.46 EPS.

MasTec (NYSE:MTZ) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same period last year, the firm earned $1.44 earnings per share. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS.

Other research analysts have also issued reports about the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MasTec in a research note on Friday, March 27th. Robert W. Baird raised their price objective on shares of MasTec from $249.00 to $348.00 and gave the company an “outperform” rating in a research note on Monday, March 2nd. Stifel Nicolaus raised their price objective on shares of MasTec from $335.00 to $401.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group raised their price objective on shares of MasTec from $271.00 to $348.00 and gave the company a “buy” rating in a research note on Friday, March 13th. Finally, Cantor Fitzgerald raised their price target on shares of MasTec from $274.00 to $347.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Seventeen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $325.33.

MasTec Stock Up 4.1%

MasTec stock opened at $372.90 on Friday. MasTec has a 1-year low of $109.68 and a 1-year high of $373.64. The firm has a market capitalization of $29.40 billion, a price-to-earnings ratio of 73.55 and a beta of 1.80. The firm’s fifty day moving average price is $308.10 and its two-hundred day moving average price is $249.26. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in MTZ. Salomon & Ludwin LLC raised its position in MasTec by 344.4% in the third quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock worth $26,000 after acquiring an additional 93 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in MasTec in the fourth quarter worth about $30,000. Caldwell Trust Co bought a new stake in MasTec in the second quarter worth about $29,000. Princeton Global Asset Management LLC bought a new stake in MasTec in the third quarter worth about $43,000. Finally, Root Financial Partners LLC bought a new stake in MasTec in the third quarter worth about $49,000. 78.10% of the stock is owned by institutional investors.

Insider Transactions at MasTec

In related news, Director Javier Alberto Palomarez sold 950 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $325.43, for a total transaction of $309,158.50. Following the transaction, the director directly owned 10,592 shares of the company’s stock, valued at $3,446,954.56. This trade represents a 8.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $300.40, for a total transaction of $1,952,600.00. Following the transaction, the director directly owned 17,235 shares in the company, valued at $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 21.30% of the stock is owned by company insiders.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Stifel raised its price target on MTZ to $401 (from $335) and kept a Buy rating, citing record-high transmission surveys that boost near-term demand for transmission and utility work. Stifel Raises MasTec’s Price Target as Transmission Surveys Hit Record Highs
• Positive Sentiment: JPMorgan raised its MTZ price target to $386 and maintains an overweight view, reinforcing analyst-driven upside and supporting multiple expansion expectations. Benzinga
• Positive Sentiment: Equity research coverage highlights MTZ among heavy construction names poised to benefit from accelerating infrastructure, telecom, data center and energy investment — a demand tailwind for MasTec’s services. 5 Heavy Construction Stocks to Watch as Infrastructure Picks Up
• Positive Sentiment: Fundamentals: MasTec beat Q4 estimates (EPS and revenue) earlier this year and provided FY2026 guidance that supports higher earnings expectations — a driver for investor confidence and valuation re-ratings. (Background company results)
• Neutral Sentiment: KeyCorp reiterated an Overweight stance and published updated quarterly EPS forecasts (Q1: $0.92, Q2: $2.05, Q4: $2.46) with a $335 target — useful modeling detail but less bullish than the higher targets from Stifel/JPMorgan. KeyCorp estimates (MarketBeat)
• Neutral Sentiment: MasTec scheduled its Q1 2026 earnings conference call — a near-term event investors will watch for revenue, backlog and margin commentary that could confirm or temper recent analyst optimism. MasTec Schedules First Quarter 2026 Earnings Conference Call
• Neutral Sentiment: Media pieces noting MTZ’s recent surge and its contribution to broader market strength provide momentum but are descriptive rather than new fundamental catalysts. MasTec Inc Surge Signals Strength In Nyse Composite Index

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.