MasTec (NYSE:MTZ) Updates Q1 2026 Earnings Guidance

MasTec (NYSE:MTZ) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.000-1.000 for the period, compared to the consensus earnings per share estimate of 1.420. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.7 billion. MasTec also updated its FY 2026 guidance to 8.400-8.400 EPS.

MasTec Stock Performance

Shares of MTZ opened at $297.81 on Friday. MasTec has a 1 year low of $99.70 and a 1 year high of $300.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.33 and a quick ratio of 1.30. The stock’s fifty day moving average price is $246.26 and its two-hundred day moving average price is $216.37. The firm has a market cap of $23.50 billion, a PE ratio of 58.74 and a beta of 1.94.

MasTec (NYSE:MTZ) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.13. MasTec had a return on equity of 15.99% and a net margin of 2.79%.The company had revenue of $3.94 billion during the quarter, compared to analyst estimates of $3.71 billion. During the same quarter last year, the firm posted $1.44 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. On average, equities research analysts forecast that MasTec will post 3.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Barclays upped their price target on shares of MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Stifel Nicolaus boosted their price objective on MasTec from $240.00 to $267.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Zacks Research upgraded MasTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Truist Financial lifted their target price on MasTec from $253.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Finally, Wall Street Zen raised shares of MasTec from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $238.16.

Trending Headlines about MasTec

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 results: MasTec beat consensus on both EPS ($2.07 vs. $1.94 est.) and revenue ($3.94B vs. $3.71B est.), with revenue up ~15.8% year‑over‑year — a clear driver of the rally. MasTec (MTZ) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Record backlog and segment strength: Management highlighted strength in clean energy and power delivery, and a record backlog — supporting revenue visibility and upside to future quarters. MasTec Beats Q4 Earnings & Revenue Estimates, Books Solid Backlog
• Positive Sentiment: FY‑2026 guidance raised: MasTec set FY‑2026 EPS at 8.40 (above the ~8.02 consensus) and issued a higher revenue target (~$17.0B vs. ~$15.4B consensus), underpinning the stock’s strength. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Neutral Sentiment: Full public materials available: The earnings slide deck and the Q4 call transcript provide detailed segment metrics and backlog disclosures for modeling; investors should review for segment margin drivers. MasTec, Inc. (MTZ) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Presentation slides: The earnings presentation provides project-level commentary useful for updating revenue/timing assumptions. MasTec, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Thematic upside: Analysts list MasTec among contractors poised to benefit from an AI/data‑center buildout (power, cooling, infrastructure) — a longer‑term demand tailwind. Buy 5 Construction Stocks Set to Soar on AI-Powered Data Center Boom
• Negative Sentiment: Q1 2026 guide is conservative: MasTec set Q1 EPS at 1.00 (vs. ~1.42 consensus) and revenue at ~$3.5B (below ~$3.7B consensus), creating near‑term earnings risk that could pressure the stock if Q1 plays out weakly. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Negative Sentiment: Short interest fell ~12.9% in Feb — fewer short positions reduces the potential for a short‑squeeze catalyst, removing one source of upside. Short Interest Report (summary)

Hedge Funds Weigh In On MasTec

Several institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC boosted its stake in MasTec by 231.5% in the fourth quarter. Corient Private Wealth LLC now owns 7,335 shares of the construction company’s stock worth $1,594,000 after buying an additional 5,122 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of MasTec in the 4th quarter worth approximately $441,000. NewEdge Advisors LLC boosted its stake in shares of MasTec by 51.0% in the 4th quarter. NewEdge Advisors LLC now owns 3,417 shares of the construction company’s stock valued at $743,000 after purchasing an additional 1,154 shares in the last quarter. XTX Topco Ltd bought a new position in shares of MasTec during the 4th quarter valued at $491,000. Finally, Yaupon Capital Management LP grew its holdings in shares of MasTec by 176.7% during the 4th quarter. Yaupon Capital Management LP now owns 116,993 shares of the construction company’s stock valued at $25,431,000 after purchasing an additional 74,717 shares during the last quarter. 78.10% of the stock is currently owned by institutional investors.

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.