Macquarie Infrastructure Corporation (MIC): Price and Financial Metrics


Macquarie Infrastructure Corporation (MIC): $32.81

0.03 (+0.09%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

MIC Stock Summary

  • MIC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1.01 -- higher than merely 7.26% of US-listed equities with positive expected earnings growth.
  • Over the past twelve months, MIC has reported earnings growth of -304.59%, putting it ahead of merely 6.08% of US stocks in our set.
  • Revenue growth over the past 12 months for Macquarie Infrastructure Corp comes in at -50.95%, a number that bests only 6.01% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to MIC, based on their financial statements, market capitalization, and price volatility, are RGCO, NICK, REV, VNTR, and FAMI.
  • Visit MIC's SEC page to see the company's official filings. To visit the company's web site, go to mic.

MIC Stock Price Chart Interactive Chart >

Price chart for MIC

MIC Price/Volume Stats

Current price $32.81 52-week high $41.00
Prev. close $32.78 52-week low $23.14
Day low $32.42 Volume 483,928
Day high $32.89 Avg. volume 1,029,160
50-day MA $31.71 Dividend yield N/A
200-day MA $30.44 Market Cap 2.87B

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:
$32.81$18.66 -43%

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 41th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Macquarie Infrastructure Corp ended up being:

  • 60% of the company's capital comes from equity, which is greater than only 24.7% of stocks in our cash flow based forecasting set.
  • Macquarie Infrastructure Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -8.21. This coverage rate is greater than that of only 9.06% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • As a business, Macquarie Infrastructure Corp experienced a tax rate of about 0% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than only 0% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-44%
1%-44%
2%-43%
3%-43%
4%-42%
5%-41%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MIC, try ALLE, CTAS, MWA, VSEC, and B.


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.

Is MIC Stock A Buy or Sell?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

Yahoo | April 19, 2021

MIC to Host Conference Call / Webcast and Discussion of First Quarter 2021 Financial Results Tuesday, May 4, 2021

Macquarie Infrastructure Corporation (MIC) (NYSE: MIC) has scheduled a conference call and webcast for analysts and investors at 8:00 a.m. Eastern Time on Tuesday, May 4, 2021 during which management will discuss the Company’s financial results for the first quarter of 2021. MIC intends to publish a press release summarizing its financial results prior to the call.

Yahoo | April 16, 2021

Macquarie (MIC) Down 0.1% Since Last Earnings Report: Can It Rebound?

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

Yahoo | March 19, 2021

Macquarie Infrastructure Corporation Announces Results of Tender Offer for 2.00% Convertible Senior Notes Due 2023

Macquarie Infrastructure Corporation ("MIC" or the "Company") (NYSE: MIC) today announced the results of its cash tender offer (the "Tender Offer") to purchase any and all of its 2.00% Convertible Senior Notes due 2023 (the "Notes"). The Tender Offer expired at 11:59 p.m., New York City time, on March 16, 2021 (the "Expiration Date").

Yahoo | March 17, 2021

Is It Time To Consider Buying Macquarie Infrastructure Corporation (NYSE:MIC)?

Macquarie Infrastructure Corporation ( NYSE:MIC ), is not the largest company out there, but it saw a double-digit...

Yahoo | March 16, 2021

Read More 'MIC' Stories Here

MIC Price Returns

1-mo 4.13%
3-mo 13.14%
6-mo 18.45%
1-year 37.11%
3-year 3.02%
5-year -33.57%
YTD -12.62%
2020 -10.22%
2019 29.24%
2018 -36.47%
2017 -15.47%
2016 20.48%

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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