MasTec (NYSE:MTZ) Releases Earnings Results, Beats Expectations By $0.13 EPS

MasTec (NYSE:MTZ) posted its quarterly earnings data on Thursday. The construction company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.13, FiscalAI reports. MasTec had a return on equity of 14.41% and a net margin of 2.41%.The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.71 billion. During the same period in the prior year, the firm earned $1.44 earnings per share. MasTec’s revenue for the quarter was up 15.8% compared to the same quarter last year. MasTec updated its Q1 2026 guidance to 1.000-1.000 EPS and its FY 2026 guidance to 8.400-8.400 EPS.

MasTec Stock Performance

Shares of MTZ stock traded up $4.74 on Thursday, reaching $290.00. The stock had a trading volume of 1,732,104 shares, compared to its average volume of 867,586. MasTec has a 12 month low of $99.70 and a 12 month high of $291.70. The company has a quick ratio of 1.30, a current ratio of 1.33 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $22.88 billion, a price-to-earnings ratio of 68.88 and a beta of 1.94. The firm’s 50-day moving average is $244.67 and its two-hundred day moving average is $215.54.

Institutional Trading of MasTec

A number of hedge funds have recently made changes to their positions in MTZ. Brighton Jones LLC acquired a new position in shares of MasTec during the 4th quarter worth approximately $227,000. NewEdge Advisors LLC boosted its position in MasTec by 32.6% during the first quarter. NewEdge Advisors LLC now owns 4,408 shares of the construction company’s stock worth $514,000 after purchasing an additional 1,083 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of MasTec in the second quarter valued at $271,000. Northwestern Mutual Wealth Management Co. raised its position in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after purchasing an additional 182 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of MasTec by 793.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,027 shares of the construction company’s stock worth $175,000 after buying an additional 912 shares during the last quarter. 78.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on MTZ. Stifel Nicolaus upped their price target on MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Wall Street Zen upgraded shares of MasTec from a “hold” rating to a “buy” rating in a report on Sunday. Mizuho set a $254.00 target price on shares of MasTec in a research report on Monday, November 3rd. Truist Financial lifted their price target on shares of MasTec from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Finally, Citigroup increased their price objective on shares of MasTec from $248.00 to $284.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $238.16.

Key Headlines Impacting MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 earnings beat consensus — MasTec reported $2.07 EPS vs. a $1.94 Zacks consensus, reflecting y/y profit improvement and better-than-expected execution across segments. MasTec (MTZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Upside to full‑year 2026 outlook — MasTec raised its FY2026 EPS guidance to $8.40 (vs. ~$8.02 consensus) and issued revenue guidance near $17.0B (above $15.4B consensus), signaling stronger full‑year demand and margin confidence. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Positive Sentiment: Reduced short interest — Short interest fell ~12.9% in February to ~2.46M shares (about 4.0% of float), which lowers near‑term short pressure and can support upside momentum.
• Neutral Sentiment: Sector tailwind from AI/data‑center buildout — Analysts are highlighting MasTec among construction firms poised to benefit from large AI-driven data center capex, a multi-year growth driver but dependent on execution and contract timing. Buy 5 Construction Stocks Set to Soar on AI-Powered Data Center Boom
• Neutral Sentiment: Company press release details — MasTec’s release confirmed stronger revenue growth and provided segment commentary (net margin ~2.41%, ROE ~14.41%), which supports the headline beat but offers no new material surprises beyond guidance. View Press Release
• Negative Sentiment: Mixed near‑term guidance — Q1 2026 guidance was below Street expectations (EPS $1.00 vs. ~$1.42 consensus; revenue ~$3.5B vs. ~$3.7B consensus), introducing near‑term earnings risk and a reason for potential pullbacks if investors focus on quarterly softness. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance

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.