MasTec, Inc. (NYSE:MTZ) Receives Average Rating of “Moderate Buy” from Analysts

14 May 2026, 05:53 by Jessica Moore · The Cerbat Gem

MasTec, Inc. (NYSE:MTZ – Get Free Report) has been given a consensus rating of “Moderate Buy” by the twenty research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $458.0588.

Several brokerages recently weighed in on MTZ. Robert W. Baird boosted their target price on MasTec from $348.00 to $473.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Roth Mkm restated a “buy” rating and set a $450.00 target price on shares of MasTec in a research note on Monday, May 4th. Guggenheim upgraded MasTec from a “neutral” rating to a “buy” rating and set a $480.00 target price on the stock in a research note on Wednesday. KeyCorp boosted their target price on MasTec from $460.00 to $500.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, The Goldman Sachs Group boosted their target price on MasTec from $348.00 to $487.00 and gave the stock a “buy” rating in a research note on Monday, May 4th.

Get Our Latest Report on MasTec

MasTec Trading Up 0.9%

Shares of NYSE:MTZ opened at $424.10 on Friday. MasTec has a 12-month low of $145.46 and a 12-month high of $441.43. The business’s fifty day simple moving average is $346.84 and its 200-day simple moving average is $271.19. The company has a market capitalization of $33.51 billion, a PE ratio of 74.27 and a beta of 1.82. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69.

MasTec (NYSE:MTZ – Get Free Report) last announced 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 return on equity of 17.15% and a net margin of 2.94%.The business had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period last year, the business posted $0.51 EPS. The business’s revenue was up 34.5% compared to the same quarter last year. MasTec has set its FY 2026 guidance at 8.790-8.790 EPS and its Q2 2026 guidance at 2.200-2.200 EPS. As a group, equities research analysts predict that MasTec will post 8.51 earnings per share for the current fiscal year.

More MasTec News

Here are the key news stories impacting MasTec this week:

Positive Sentiment: Guggenheim upgraded MasTec from neutral to buy and set a $480 price target, citing an expected multi-year growth runway. MasTec upgraded at Guggenheim on expected multi-year growth runway
Positive Sentiment: KeyCorp raised its price target to $500 and reiterated an overweight rating, signaling confidence in further upside after recent share gains. MasTec target raised by KeyCorp
Positive Sentiment: JPMorgan also lifted its price target to $491 and kept an overweight rating, adding to the bullish analyst momentum around MTZ. MasTec target raised by JPMorgan
Positive Sentiment: MasTec’s recent quarter showed strong demand across communications, clean energy, power delivery and pipeline infrastructure, with revenue and earnings both beating expectations and backlog rising sharply. Should You Buy, Hold or Sell MasTec Stock After Solid Q1 Results?
Positive Sentiment: The company’s Investor Day may highlight multi-year financial targets and growth drivers, which could reinforce the bullish case if management sounds upbeat. MasTec to Host Investor Day in New York City Today at 8:45 AM ET
Neutral Sentiment: Additional commentary from industry-focused articles reiterated MasTec’s role in grid modernization and AI data center infrastructure, but these were more thematic than company-specific catalysts. MasTec: A Great Infrastructure Story, With An Expensive Entry Price
Neutral Sentiment: Another article flagged MasTec’s valuation as expensive, suggesting some investors may be cautious even as the growth outlook improves. MasTec: High Possibility Of Margin Compression

Insider Buying and Selling

In related news, Director Ernst N. Csiszar sold 6,500 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Javier Alberto Palomarez sold 950 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $325.43, for a total value of $309,158.50. Following the transaction, the director owned 10,592 shares in the company, valued at approximately $3,446,954.56. This trade represents a 8.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 10,450 shares of company stock worth $3,512,759 in the last ninety days. 21.40% of the stock is owned by insiders.

Institutional Trading of MasTec

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MTZ. Thrivent Financial for Lutherans lifted its holdings in shares of MasTec by 14.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 16,593 shares of the construction company’s stock valued at $3,531,000 after buying an additional 2,158 shares during the period. Marco Investment Management LLC lifted its holdings in shares of MasTec by 28.2% in the 3rd quarter. Marco Investment Management LLC now owns 31,605 shares of the construction company’s stock valued at $6,726,000 after buying an additional 6,955 shares during the period. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT lifted its holdings in shares of MasTec by 50.0% in the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 70,500 shares of the construction company’s stock valued at $15,325,000 after buying an additional 23,500 shares during the period. Fidelis Capital Partners LLC acquired a new position in shares of MasTec in the 3rd quarter valued at about $1,870,000. Finally, Stephens Inc. AR lifted its holdings in shares of MasTec by 583.4% in the 3rd quarter. Stephens Inc. AR now owns 25,074 shares of the construction company’s stock valued at $5,336,000 after buying an additional 21,405 shares during the period. Institutional investors and hedge funds own 78.10% of the company’s stock.

About MasTec

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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.