MIC - Macquarie Infrastructure Corporation

NYSE - NYSE Delayed Price. Currency in USD
37.03
-1.12 (-2.94%)
At close: 4:02PM EDT
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Previous Close38.15
Open38.00
Bid37.06 x 1000
Ask37.15 x 3000
Day's Range36.98 - 38.24
52 Week Range33.71 - 47.74
Volume594,955
Avg. Volume504,003
Market Cap3.196B
Beta (3Y Monthly)1.51
PE Ratio (TTM)31.17
EPS (TTM)1.19
Earnings DateOct 29, 2019 - Nov 4, 2019
Forward Dividend & Yield4.00 (10.48%)
Ex-Dividend Date2019-08-09
1y Target Est42.00
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents

    Edited Transcript of MIC earnings conference call or presentation 1-Aug-19 12:00pm GMT

    Q2 2019 Macquarie Infrastructure Corp Earnings Call

  • Moody's

    DKT Holdings ApS -- Moody's downgrades DKT's CFR to B2 from B1; outlook stable

    Moody's Investors Service, ("Moody's") has today downgraded to B2 from B1 the corporate family rating (CFR) and to B2-PD from B1-PD the probability of default rating (PDR) of DKT Holdings ApS ("DKT"), the indirect parent of Danish telecom operator TDC A/S ("TDC" or "the company"). Moody's has also downgraded to B1 from Ba3 the rating on TDC's senior unsecured notes as well as the ratings on the senior secured Term Loan B3 and revolving credit facility (RCF) raised by TDC, and downgraded to (P)B1 from (P)Ba3 the senior unsecured MTN programme rating.

  • Benzinga

    PSA Completes Acquisition Of Halifax Container Terminal

    PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets. Macquarie Infrastructure Partners had owned Halterm for 12 years PSA also is acquiring Penn Terminals on the Delaware River from Macquarie. DP World acquired Fraser Surrey Docks in British Columbia from Macquariee in May. PSA was ranked as the third-largest container terminal operator in the world after COSCO Shipping Ports and Hutchison Port Holdings by Lloyd's List in 2018.

  • Why Macquarie Infrastructure Corporation’s (NYSE:MIC) Return On Capital Employed Looks Uninspiring
    Simply Wall St.

    Why Macquarie Infrastructure Corporation’s (NYSE:MIC) Return On Capital Employed Looks Uninspiring

    Today we'll look at Macquarie Infrastructure Corporation (NYSE:MIC) and reflect on its potential as an investment. To...

  • Macquarie Infrastructure's (MIC) Q2 Earnings Decline Y/Y
    Zacks

    Macquarie Infrastructure's (MIC) Q2 Earnings Decline Y/Y

    Macquarie Infrastructure's (MIC) second-quarter earnings decline year over year on account of higher selling, general and administrative and depreciation costs and rise in interest expenses.

  • PR Newswire

    MIC Reports Second Quarter 2019 Financial And Operational Results

    - Results from operating businesses broadly in line with management's expectations - Quarterly cash dividend of $1.00 per share authorized - Average storage utilization at IMTT increased sequentially to ...

  • Will GE's Q2 Earnings Gain From Aviation, Renewable Energy?
    Zacks

    Will GE's Q2 Earnings Gain From Aviation, Renewable Energy?

    General Electric's (GE) Aviation segment's results in second-quarter 2019 will likely gain from rising popularity of LEAP engines. The Renewable Energy segment's results might be beneficial too.

  • Can Power Issues Affect General Electric (GE) in Q2 Earnings?
    Zacks

    Can Power Issues Affect General Electric (GE) in Q2 Earnings?

    General Electric's (GE) Power segment is likely to continue dealing with internal and external challenges. The reorganization plan might infuse some strength.

  • Macquarie (MIC) Earnings Expected to Grow: Should You Buy?
    Zacks

    Macquarie (MIC) Earnings Expected to Grow: Should You Buy?

    Macquarie (MIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Reuters

    Bidders line up offers for Portugal's largest motorway operator Brisa- sources

    LISBON/MADRID, July 18 (Reuters) - At least three infrastructure funds and a Spanish toll road operator are lining up offers for a stake in Portugal's largest motorway manager Brisa, three sources with knowledge of the matter said. France's Ardian and Australia's Macquarie and IFM are among infrastructure investors preparing offers for Brisa, along with Spanish firm GlobalVia, which would only bid for full control of the company owned by Britain's Arcus and Portugal's Jose de Mello Group, the sources said. Arcus, which owns 20.7% of Brisa, is actively looking to cash out and is working with Morgan Stanley and BCP to sell its stake.

  • Is There An Opportunity With Macquarie Infrastructure Corporation's (NYSE:MIC) 39% Undervaluation?
    Simply Wall St.

    Is There An Opportunity With Macquarie Infrastructure Corporation's (NYSE:MIC) 39% Undervaluation?

    In this article we are going to estimate the intrinsic value of Macquarie Infrastructure Corporation (NYSE:MIC) by...

  • Business Wire

    Macquarie Infrastructure Corporation Announces Repayment of 2.875% Convertible Senior Notes

    Macquarie Infrastructure Corporation announced that it has repaid in full its 2.875% Convertible Senior Notes due July 15, 2019. The Notes were repaid using cash on hand.

  • Business Wire

    MIC to Host Conference Call / Webcast and Discussion of Second Quarter 2019 Financial Results Thursday, August 1, 2019

    Macquarie Infrastructure Corporation (MIC) (MIC) has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Thursday, August 1, 2019 during which management will discuss the Company’s financial results for the second quarter and year to date periods in 2019. Interested individuals are invited to access the conference call by dialing +1 650-521-5252 or +1 877-852-2928 at least 10 minutes prior to the scheduled start time. MIC will webcast the conference call live on its website at www.macquarie.com/mic.

  • Macquarie (MIC) Displays Bright Prospects, Risks Persist
    Zacks

    Macquarie (MIC) Displays Bright Prospects, Risks Persist

    Strong flight activity, new project wins involving construction of additional capacity and related infrastructure work are expected to benefit Macquarie (MIC). High debt level is a concern.

  • Zooming in on NYSE:MIC's 9.9% Dividend Yield
    Simply Wall St.

    Zooming in on NYSE:MIC's 9.9% Dividend Yield

    Dividend paying stocks like Macquarie Infrastructure Corporation (NYSE:MIC) tend to be popular with investors, and for...

  • Markit

    See what the IHS Markit Score report has to say about Macquarie Infrastructure Corp.

    Macquarie Infrastructure Corp NYSE:MICView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for MIC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding MIC are favorable, with net inflows of $3.15 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • What does Macquarie Infrastructure Corporation's (NYSE:MIC) Balance Sheet Tell Us About Its Future?
    Simply Wall St.

    What does Macquarie Infrastructure Corporation's (NYSE:MIC) Balance Sheet Tell Us About Its Future?

    Small-caps and large-caps are wildly popular among investors, however, mid-cap stocks, such as Macquarie...

  • Why Is Macquarie (MIC) Down 3.7% Since Last Earnings Report?
    Zacks

    Why Is Macquarie (MIC) Down 3.7% Since Last Earnings Report?

    Macquarie (MIC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • United Technologies Displays Bright Prospects Amid Risks
    Zacks

    United Technologies Displays Bright Prospects Amid Risks

    Strong commercial and military aftermarket businesses are expected to boost United Technologies' (UTX) growth. High cost of sales is a concern.

  • Potential bidder for Lambert airport privatization appears to lose interest
    American City Business Journals

    Potential bidder for Lambert airport privatization appears to lose interest

    Other bidders remain interested, though city has yet to issue a request for qualifications from interested parties

  • Business Wire

    Macquarie Infrastructure Corporation Announces Conversion Ratio Adjustment to Convertible Notes Due 2019

    NEW YORK-- -- Conversion ratio increased to 12.6603 shares Increase reflects impact of dividends paid on common shares Macquarie Infrastructure Corporation announced an adjustment to the conversion ratio applicable to its 2.875% Convertible Senior Notes due 2019. The conversion ratio for the Notes increased to 12.6603 shares of common stock per $1,000 principal amount effective May 13, 2019. This adjustment ...