MasTec (NYSE:MTZ – Get Free Report) is expected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $2.19 per share and revenue of $4.3045 billion for the quarter. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 9:00 AM ET.
MasTec (NYSE:MTZ – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.41. MasTec had a return on equity of 17.15% and a net margin of 2.94%.The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period in the previous year, the firm posted $0.51 earnings per share. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. On average, analysts expect MasTec to post $9 EPS for the current fiscal year and $14 EPS for the next fiscal year.
MasTec Trading Down 0.5%
Shares of MTZ stock opened at $336.31 on Tuesday. The company has a market cap of $26.57 billion, a PE ratio of 58.90 and a beta of 1.77. MasTec has a 1 year low of $160.08 and a 1 year high of $441.43. The stock’s 50 day simple moving average is $372.62 and its two-hundred day simple moving average is $331.91. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 1.28.
Insider Activity
Institutional Investors Weigh In On MasTec
Hedge funds have recently modified their holdings of the company. Peconic Partners LLC increased its stake in shares of MasTec by 113.3% in the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock valued at $347,792,000 after purchasing an additional 850,000 shares in the last quarter. First Trust Advisors LP boosted its position in MasTec by 28.3% during the fourth quarter. First Trust Advisors LP now owns 1,311,433 shares of the construction company’s stock worth $285,066,000 after purchasing an additional 289,258 shares in the last quarter. AQR Capital Management LLC boosted its position in MasTec by 11.3% during the second quarter. AQR Capital Management LLC now owns 1,072,253 shares of the construction company’s stock worth $181,961,000 after purchasing an additional 108,504 shares in the last quarter. Third Point LLC grew its holdings in MasTec by 27.6% in the fourth quarter. Third Point LLC now owns 925,000 shares of the construction company’s stock valued at $201,067,000 after purchasing an additional 200,000 shares during the period. Finally, Merewether Investment Management LP raised its stake in shares of MasTec by 59.8% during the 3rd quarter. Merewether Investment Management LP now owns 867,240 shares of the construction company’s stock worth $184,557,000 after buying an additional 324,500 shares during the period. 78.10% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on the stock. Robert W. Baird boosted their price objective on shares of MasTec from $473.00 to $475.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. TD Cowen raised their target price on shares of MasTec from $445.00 to $470.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Barclays lifted their price target on shares of MasTec from $260.00 to $340.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. JPMorgan Chase & Co. upped their price target on shares of MasTec from $471.00 to $491.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Finally, Citigroup increased their price objective on shares of MasTec from $440.00 to $483.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, MasTec presently has an average rating of “Moderate Buy” and a consensus target price of $466.89.
Get Our Latest Report on MasTec
About MasTec
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.
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