Macquarie Infrastructure Corporation (MIC): Price and Financial Metrics


Macquarie Infrastructure Corporation (MIC)

Today's Latest Price: $30.24 USD

0.41 (-1.34%)

Updated Jul 8 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 65 in Air/Defense Services

See all "A" rated Strong Buy stocks

MIC Stock Summary

  • MIC has a higher market value than 70.04% of US stocks; more precisely, its current market capitalization is $2,742,838,962.
  • For MIC, its debt to operating expenses ratio is greater than that reported by 84.44% of US equities we're observing.
  • Revenue growth over the past 12 months for Macquarie Infrastructure Corp comes in at -4.65%, a number that bests 28.59% of the US stocks we're tracking.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Macquarie Infrastructure Corp are AGO, PENN, CACC, SOL, and ERI.
  • Visit MIC's SEC page to see the company's official filings. To visit the company's web site, go to mic.
MIC Daily Price Range
MIC 52-Week Price Range

MIC Stock Price Chart Technical Analysis Charts


MIC Price/Volume Stats

Current price $30.24 52-week high $45.93
Prev. close $30.65 52-week low $12.50
Day low $29.97 Volume 497,955
Day high $30.95 Avg. volume 1,143,994
50-day MA $29.56 Dividend yield 13.05%
200-day MA $35.74 Market Cap 2.63B

Macquarie Infrastructure Corporation (MIC) Company Bio


Macquarie Infrastructure Company operates and invests in a diversified group of infrastructure businesses providing basic services to customers in the United States. Its businesses consist of a bulk liquid terminals business, International-Matex Tank Terminals, an airport services business, Atlantic Aviation, a gas processing and distribution business, Hawaii Gas, and several entities comprising a Contracted Power and Energy segment. The company was founded in 2004 and is based in New York, New York.

MIC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$30.24$10.14-68%

We started the process of determining a valid price forecast for Macquarie Infrastructure Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Macquarie Infrastructure Corp ranked in the 23th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for MIC, they are:

  • 41% of the company's capital comes from equity, which is greater than merely 22.59% of stocks in our cash flow based forecasting set.
  • The business' balance sheet suggests that 59% of the company's capital is sourced from debt; this is greater than 77.37% of the free cash flow producing stocks we're observing.
  • The weighted average cost of capital for the company is 8. This value is greater than 64.72% stocks in the Industrials sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-69%
1%-68%
2%-68%
3%-68%
4%-67%
5%-67%

CVA, GNRC, SYEV, TRNS, and USAK can be thought of as valuation peers to MIC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


MIC Latest News Stream


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Latest MIC News From Around the Web

Below are the latest news stories about Macquarie Infrastructure Corp that investors may wish to consider to help them evaluate MIC as an investment opportunity.

Top Ranked Income Stocks to Buy for July 7th

Top Ranked Income Stocks to Buy for July 7th

Yahoo | July 7, 2020

Reasons Why You Should Avoid Betting on Carlisle (CSL) Now

Carlisle (CSL) has been suffering from a soft demand environment amid the coronavirus outbreak. Also, the company's high debt level remains concerning.

Yahoo | July 7, 2020

Earnings Estimates Moving Higher for Macquarie Infrastructure (MIC): Time to Buy?

Macquarie Infrastructure (MIC) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Yahoo | June 26, 2020

Top Ranked Income Stocks to Buy for June 25th

Top Ranked Income Stocks to Buy for June 25th

Yahoo | June 25, 2020

Macquarie offer for Open Fiber stake could speed single Italy network

Infrastructure fund Macquarie has made an offer to buy all or part of Enel's 50% stake in its broadband joint venture Open Fiber in a move that could help speed up the creation of a single Italian network operator. The Italian government sees building ultra-fast broadband as a priority and has called on former phone monopoly Telecom Italia (TIM) and Open Fiber to reach an accord quickly on creating a single network. TIM has been in talks for months over a merger of its fibre network assets with those of Open Fiber, but differences over issues such as governance and regulation have thwarted efforts.

Yahoo | June 16, 2020

Read More 'MIC' Stories Here

MIC Price Returns

1-mo -7.66%
3-mo 26.00%
6-mo -31.51%
1-year -20.87%
3-year -48.91%
5-year -45.36%
YTD -27.69%
2019 29.24%
2018 -36.47%
2017 -15.47%
2016 20.48%
2015 7.88%

MIC Dividends

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Continue Researching MIC

Here are a few links from around the web to help you further your research on Macquarie Infrastructure Corp's stock as an investment opportunity:

Macquarie Infrastructure Corp (MIC) Stock Price | Nasdaq
Macquarie Infrastructure Corp (MIC) Stock Quote, History and News - Yahoo Finance
Macquarie Infrastructure Corp (MIC) Stock Price and Basic Information | MarketWatch


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