On May, 2 Macquarie Infrastructure Corporation (MIC) Analysts See $0.61 EPS

April 20, 2018 - By Nellie Deboer

Macquarie Infrastructure Corporation (NYSE:MIC) Corporate Logo
Big Money Sentiment decreased to 1.24 in Q4 2017. It has change of 0.22, from 2017Q3’s 1.46. The ratio dropped due to Macquarie Infrastructure Corporation positioning: 40 sold and 103 reduced. 53 funds took stakes and 125 increased stakes. Investors holded 63.11 million in 2017Q3 but now own 64.11 million shares or 1.58% more.
Alps Advsr has 160,893 shs for 0.07% of their capital. Clearbridge Investments Limited Liability Corp invested 0.08% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Morgan Stanley reported 0.01% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Raymond James And Assocs reported 0.01% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Fred Alger Mngmt owns 13,123 shs or 0% of their US capital. Swiss National Bank stated it has 0.02% in Macquarie Infrastructure Corporation (NYSE:MIC). Cohen And Steers stated it has 1.15 million shs or 0.2% of all its holdings. Asset Mngmt One accumulated 205,644 shs. E&G Limited Partnership has invested 0.12% in Macquarie Infrastructure Corporation (NYSE:MIC). 312,278 are held by Nuveen Asset Mngmt Ltd Liability. North Star Inv Corporation reported 3,875 shs. Edgemoor Invest Advsr Inc holds 0.04% or 5,000 shs. Advsr Cap Mgmt Limited Liability Company holds 249,804 shs. Strs Ohio reported 0% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC). Brandywine Invest Management Limited Liability Company has invested 0.47% of its capital in Macquarie Infrastructure Corporation (NYSE:MIC).

Earnings report for Macquarie Infrastructure Corporation (NYSE:MIC) is awaited On May, 2 after the close., Faxor reports. Analysts have expectation on stock’s earnings per share of $0.61. That’s up 38.64 % from last year’s $0.44 earnings per share. In case of $0.61 earnings per share MIC’s profit could be $51.79 million. 3.39 % EPS growth is what Wall Street’s predicts after $0.59 reported EPS last quarter. MIC is touching $39.21 during the last trading session, after decreased 1.48%.Currently Macquarie Infrastructure Corporation is downtrending after 54.12% change in last April 20, 2017. MIC has also 889,747 shares volume. MIC underperformed by 65.67% the S&P 500.

Macquarie Infrastructure Corporation (NYSE:MIC) Ratings Coverage

A total of 5 analysts rate Macquarie Infrastructure Company (NYSE:MIC) as follows: 1 “Buy”, 3 “Hold” and 1 “Sell”. Тherefore 20% are bullish. The firm has $96.0 highest and $55.0 lowest target. The avg target $75.50 is 92.55% above the last ($39.21) price. (NYSE:MIC) has 9 ratings reports on Apr 20, 2018 according to StockzIntelligence. On Thursday, February 22 the firm has “Hold” rating by SunTrust given. On Friday, February 23 the firm earned “Market Perform” rating by Wells Fargo. On Thursday, November 2 SunTrust maintained Macquarie Infrastructure Corporation (NYSE:MIC) with “Buy” rating. On Monday, November 6 the firm earned “Buy” rating by RBC Capital Markets. On Friday, February 23 RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) rating. RBC Capital Markets has “Buy” rating and $55.0 target. On Sunday, October 29 the rating was maintained by RBC Capital Markets with “Buy”. On Thursday, February 22 JP Morgan downgraded the shares of MIC in report to “Neutral” rating. The company rating was maintained by RBC Capital Markets on Tuesday, January 16.

Macquarie Infrastructure Corporation, through its subsidiaries, owns and operates a portfolio of businesses that provide services to businesses, government agencies, and individuals.The company has $3.33 billion market cap. It operates through four divisions: International-Matex Tank Terminals , Atlantic Aviation, Contracted Power (CP), and MIC Hawaii.7.64 is the P/E ratio. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, chemicals, renewable fuels, and vegetable and animal oils at 10 marine terminals in the United States and 2 marine terminals in Canada.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Investors Chart

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