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Macquarie Infrastructure Corp

MIC

Latest Trade

39.39USD

Change

0.19(+0.48%)

Volume

723,063

Today's Range

39.16

 - 

39.81

52 Week Range

33.71

 - 

47.26

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
39.20
Open
39.41
Volume
723,063
3M AVG Volume
11.05
Today's High
39.81
Today's Low
39.16
52 Week High
47.26
52 Week Low
33.71
Shares Out (MIL)
86.26
Market Cap (MIL)
3,397.80
Forward P/E
20.36
Dividend (Yield %)
10.15

Next Event

Q3 2019 Macquarie Infrastructure Corp Earnings Release

Latest Developments

More

Macquarie Infrastructure Reports Q2 Revenue Of $416 Million

MIC Reports Qtrly Earnings Per Share $0.07

Macquarie Infrastructure To Sell Operating Renewables Businesses

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About Macquarie Infrastructure Corp

Macquarie Infrastructure Corporation owns and operates a group of businesses that provide services, such as bulk liquid terminalling and handling services. The Company operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP) and MIC Hawaii. Its group of businesses also provides services, such as aircraft fueling, CP generation and utility gas services. Its group of businesses provides services to businesses, government agencies and individuals in the United States. IMTT segment provides bulk liquid terminal services in the United States. As of December 31, 2016, Atlantic Aviation operated Fixed based operations (FBOs) at 69 airports in the United States. The businesses in its CP segment sell electricity to off-takers, pursuant to multi-year contracts. MIC Hawaii segment consists of Hawaii Gas and several smaller businesses. Hawaii Gas consists of a gas utility and a liquefied petroleum gas (LPG) distribution business.

Industry

Misc. Transportation

Contact Info

125 W 55th St Fl 15

+1.212.2311000

https://www.macquarie.com/mgl/com/mic

Executive Leadership

Martin Stephen William Stanley

Chairman of the Board

Christopher Frost

Chief Executive Officer, Director

Liam Stewart

Chief Financial Officer

Jay Davis

Vice President, Head of Investor Relations

Michael E. Kernan

General Counsel, Secretary

Key Stats

2.83 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

1.7K

2017

1.8K

2018

1.8K

2019(E)

1.8K
EPS (USD)

2016

1.930

2017

1.670

2018

1.630

2019(E)

2.105
Price To Earnings (TTM)
94.31
Price To Sales (TTM)
1.93
Price To Book (MRQ)
1.17
Price To Cash Flow (TTM)
10.34
Total Debt To Equity (MRQ)
104.32
LT Debt To Equity (MRQ)
91.74
Return on Investment (TTM)
0.97
Return on Equity (TTM)
0.86

Latest News

BRIEF-Moab Partners Gratified That ISS Has Recommended Against Re-Election Of Three Current Board Members Of Macquarie Infrastructure

* MOAB PARTNERS GRATIFIED THAT ISS HAS RECOMMENDED AGAINST THE RE-ELECTION OF THREE CURRENT BOARD MEMBERS OF MACQUARIE INFRASTRUCTURE CORP. Source text for Eikon: Further company coverage:

BRIEF-MIC Reports Qtrly Earnings Per Share $0.91

* MIC REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS AND STRATEGIC UPDATE

BRIEF-Macquarie Infrastructure responds to Moab Capital Partners

* MACQUARIE INFRASTRUCTURE CORPORATION RESPONDS TO MOAB CAPITAL PARTNERS

BRIEF-Macquarie Infrastructure Announces Conversion Ratio Adjustment To Convertible Notes Due 2019

* MACQUARIE INFRASTRUCTURE CORPORATION ANNOUNCES CONVERSION RATIO ADJUSTMENT TO CONVERTIBLE NOTES DUE 2019

BRIEF-Mimusa Announces Intent To Acquire Additional Shares Of MIC

* MIMUSA ANNOUNCES INTENT TO ACQUIRE ADDITIONAL SHARES OF MIC

BRIEF-MIC Reports Qtrly Earnings Per Share $4.13

* MIC REPORTS 2017 FINANCIAL RESULTS, INCREASE IN QUARTERLY DIVIDEND

BRIEF-Macquarie Infrastructure Announces Refinancing, Upsizing Of Revolving Credit Facility

* MIC ANNOUNCES REFINANCING, UPSIZING OF REVOLVING CREDIT FACILITY

BRIEF-Macquarie Infrastructure announces conversion ratio adjustment to convertible notes due 2019

* Macquarie Infrastructure Corporation announces conversion ratio adjustment to convertible notes due 2019

BRIEF-MIC Q3 earnings per share $0.48

* MIC reports third quarter 2017 financial results, increases quarterly cash dividend

BRIEF-Macquarie Infrastructure says Christopher Frost appointed CEO

* Macquarie Infrastructure Corp - James Hooke to join board of directors, step down as CEO in 2018

BRIEF-Atlantic Aviation enters into agreement to acquire Orion Jet Center

* Atlantic Aviation enters into agreement to acquire Orion Jet Center

BRIEF-IMTT enters into agreement to acquire Epic Midstream

* Macquarie Infrastructure Corp - acquisition of 3.1 million barrels of liquid storage capacity

BRIEF-Macquarie Infrastructure Corp announces conversion ratio adjustment to convertible notes due 2019

* Macquarie Infrastructure Corporation announces conversion ratio adjustment to convertible notes due 2019

BRIEF-Macquarie Infrastructure Corp increases 2017 growth capital deployment target

* Macquarie Infrastructure Corp - increased its target for growth capital deployment in 2017 to $500 million Source text for Eikon: Further company coverage:

BRIEF-MIC authorizes cash dividend of $1.32 per share

* Mic reports first quarter 2017 financial results, increases quarterly cash dividend

BRIEF-Macquarie Infrastructure Corp aanounces conversion ratio adjustment to convertible notes

* Macquarie Infrastructure Corporation announces conversion ratio adjustment to convertible notes due 2019

BRIEF-Mic reports qtrly earnings per share $0.89

* MIC reports 2016 financial results in line with guidance, increases dividend

BRIEF-Macquarie Infrastructure issues initial guidance for financial performance over 2017/2018

* MIC issues initial guidance for financial performance over 2017/2018

BRIEF-Macquarie Infrastructure says no performance fee is payable to its management company for Q4 2016

* Macquarie Infrastructure -no performance fee is payable to its management company, Macquarie Infrastructure Management for Q4 of 2016 Source text for Eikon: Further company coverage:

BRIEF-Macquarie Infrastructure reports pricing of secondary public offering of common stock

* Says secondary offering of 2.87 million common shares priced at $81.90per share

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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