WallStreetZen

NYSE: MIC
Macquarie Infrastructure Corp Stock

$3.72+0.02 (+0.54%)
Updated Oct 18, 2021
MIC Price
$3.72
Fair Value Price
N/A
Market Cap
$326.81M
52 Week Low
$3.59
52 Week High
$41.00
P/E
-0.36x
P/B
0.36x
P/S
3.44x
PEG
N/A
Dividend Yield
1,300.72%
Revenue
$974.97M
Earnings
-$910.45M
Gross Margin
56.8%
Operating Margin
-70.3%
Profit Margin
-93.4%
Debt to Equity
1.91
Operating Cash Flow
$129M
Beta
1.24
Next Earnings
Nov 8, 2021
Ex-Dividend
N/A
Next Dividend
N/A

Zen Score

High
Medium
Low
22
Industry average

Reasons for this score

MIC is good value based on its book value relative to its share price (0.36x), compared to the US Industrials industry average (4.79x)
Valuation
MIC's Earnings (EBIT) of -$685.45M are insufficient to safely cover interest payments on company debt ($1.44B)
Financials
MIC's profit margin has decreased (-101.1%) in the last year from (7.7%) to (-93.4%)
Financials

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MIC News

Valuation

MIC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.36x
Industry
24.38x
Market
3.63x

MIC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.36x
Industry
4.79x
MIC is good value based on its book value relative to its share price (0.36x), compared to the US Industrials industry average (4.79x)
Valuation

MIC's financial health

Profit margin

Revenue
$288.8M
Net Income
$7.3M
Profit Margin
2.5%
MIC's Earnings (EBIT) of -$685.45M are insufficient to safely cover interest payments on company debt ($1.44B)
Financials
MIC's profit margin has decreased (-101.1%) in the last year from (7.7%) to (-93.4%)
Financials

Assets to liabilities

Assets
$2.7B
Liabilities
$1.7B
Debt to equity
1.57
MIC's short-term assets ($431.69M) exceed its short-term liabilities ($140.06M)
Financials
MIC's long-term liabilities ($1.61B) exceed its short-term assets ($431.69M)
Financials
MIC's debt has increased relative to shareholder equity (1.91), over the past 5 years ago (1.43)
Financials
MIC's debt to equity ratio (1.91) is considered high
Financials

Cash flow

Operating
-$79.5M
Investing
-$17.0M
Financing
-$113.0M
MIC's operating cash flow ($129.45M) may not be sufficient to safely service the company's debt ($1.44B)
Financials

Macquarie Infrastructure Corp Stock FAQ

What is Macquarie Infrastructure Corp's quote symbol?

(NYSE: MIC) Macquarie Infrastructure Corp trades on the NYSE under the ticker symbol MIC. Macquarie Infrastructure Corp stock quotes can also be displayed as NYSE: MIC.

What is the 52 week high and low for Macquarie Infrastructure Corp (NYSE: MIC)?

(NYSE: MIC) Macquarie Infrastructure Corp's 52-week high was $41.00, and its 52-week low was $3.59. It is currently -90.93% from its 52-week high and 3.62% from its 52-week low.

How much is Macquarie Infrastructure Corp stock worth today?

(NYSE: MIC) Macquarie Infrastructure Corp currently has 87,852,177 outstanding shares. With Macquarie Infrastructure Corp stock trading at $3.72 per share, the total value of Macquarie Infrastructure Corp stock (market capitalization) is $326.81M.

Macquarie Infrastructure Corp stock was originally listed at a price of $27.80 in Dec 16, 2004. If you had invested in Macquarie Infrastructure Corp stock at $27.80, your return over the last 16 years would have been -86.62%, for an annualized return of -11.81% (not including any dividends or dividend reinvestments).

How much is Macquarie Infrastructure Corp's stock price per share?

(NYSE: MIC) Macquarie Infrastructure Corp stock price per share is $3.72 today (as of Oct 18, 2021).

What is Macquarie Infrastructure Corp's Market Cap?

(NYSE: MIC) Macquarie Infrastructure Corp's market cap is $326.81M, as of Oct 20, 2021.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Macquarie Infrastructure Corp's market cap is calculated by multiplying MIC's current stock price of $3.72 by MIC's total outstanding shares of 87,852,177.
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