MasTec (MTZ) Expected to Post Quarterly Earnings on Thursday

MasTec (NYSE:MTZ) is expected to be announcing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect MasTec 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. Investors are encouraged to explore 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) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.41. MasTec had a net margin of 2.94% and a return on equity of 17.15%. The company had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. MasTec’s revenue 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 Stock Performance

MasTec stock opened at $312.21 on Wednesday. The company’s 50-day moving average price is $371.15 and its 200-day moving average price is $332.45. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. The company has a market cap of $24.67 billion, a PE ratio of 54.68 and a beta of 1.77. MasTec has a twelve month low of $160.08 and a twelve month high of $441.43.

Wall Street Analyst Weigh In

MTZ has been the topic of several analyst reports. Barclays boosted their price objective on MasTec from $260.00 to $340.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 31st. B. Riley Financial reaffirmed a “buy” rating on shares of MasTec in a research note on Monday, May 4th. Stifel Nicolaus set a $455.00 target price on MasTec in a report on Monday, May 4th. CICC Research initiated coverage on MasTec in a report on Thursday, May 21st. They issued an “outperform” rating and a $480.00 target price for the company. Finally, Truist Financial boosted their target price on MasTec from $518.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $466.89.

Insider Activity

In other news, Director C Robert Campbell sold 3,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $417.00, for a total transaction of $1,251,000.00. Following the transaction, the director owned 30,646 shares of the company’s stock, valued at approximately $12,779,382. This represents a 8.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ernst N. Csiszar sold 6,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $371.17, for a total value of $2,412,605.00. Following the transaction, the director owned 10,816 shares in the company, valued at approximately $4,014,574.72. This represents a 37.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 21.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MTZ. CIBC Private Wealth Group LLC raised its holdings in shares of MasTec by 372.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after purchasing an additional 186 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of MasTec by 32.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 329 shares of the construction company’s stock valued at $72,000 after purchasing an additional 80 shares in the last quarter. BROOKFIELD Corp ON purchased a new position in MasTec during the fourth quarter valued at approximately $76,000. Northwestern Mutual Wealth Management Co. increased its holdings in MasTec by 105.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock valued at $61,000 after buying an additional 182 shares during the period. Finally, Vestcor Inc bought a new position in MasTec in the third quarter worth approximately $128,000. 78.10% of the stock is currently owned by institutional investors.

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.