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MasTec ( (MTZ) ) has shared an update.
On June 26, 2025, MasTec, Inc. and its subsidiary MasTec North America entered into an Amended and Restated Credit Agreement with Bank of America and other lenders, which provides a $1.9 billion revolving credit facility and eliminates certain financial restrictions. This agreement replaces the previous credit agreement from November 2021 and extends the maturity to five years, offering more flexibility in financial operations. Additionally, MasTec and its subsidiary entered into a new $600 million senior unsecured term loan agreement to repay existing loans and for general corporate purposes, with a maturity of three years and specific leverage ratio requirements.
The most recent analyst rating on (MTZ) stock is a Hold with a $120.00 price target. To see the full list of analyst forecasts on MasTec stock, see the MTZ Stock Forecast page.
Spark’s Take on MTZ Stock
According to Spark, TipRanks’ AI Analyst, MTZ is a Outperform.
MasTec’s overall score is driven by strong earnings performance and bullish technical indicators. The high P/E ratio and increased leverage present risks, while the earnings call’s positive outlook supports optimism.
To see Spark’s full report on MTZ stock, click here.
More about MasTec
Average Trading Volume: 930,578
Technical Sentiment Signal: Buy
Current Market Cap: $13.3B
For an in-depth examination of MTZ stock, go to TipRanks’ Overview page.