View Past PerformanceThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsMacquarie Infrastructure Holdings 대차대조표 건전성재무 건전성 기준 점검 3/6핵심 정보31.20%부채/자본 비율US$98.56m부채이자보상배율n/a현금US$37.59m자본US$315.85m총부채US$231.80m총자산US$547.65m최근 재무 건전성 업데이트분석 기사 • Jul 07Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 19Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...분석 기사 • Dec 03We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...모든 업데이트 보기Recent updates공고 • Jul 22+ 1 more updateArgo Infrastructure Partners LP completed the acquisition of The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC).Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million on June 14, 2021. Under the terms of the merger agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s external manager of approximately $82 million if the merger closes on or before July 1, 2022 or $57 million if the merger closes after this date. At closing the Macquarie's MIC Hawaii businesses will become a wholly-owned subsidiary of Argo for expected consideration of $3.83 per unit. Unitholders are expected to receive $3.83 per unit net of an additional payment to the MIC's external manager if the merger closes on or before July 1, 2022. If the merger closes after this date, unitholders will receive consideration of $4.11 per unit. Under the terms of the Merger Agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s Manager of $81.7 million if the MH Merger closes on or before July 1, 2022 or $56.7 million if the MH Merger closes after this date. The terms of the merger agreement correspond to an enterprise value for MIC Hawaii of $514 million including assumed debt and transaction costs resulting in a multiple of 2021 Earnings Before Interest Taxes and Depreciation (EBITDA) of 12.9 times. Upon closing MIC will no longer be a publicly traded company. Macquarie Infrastructure Corporation will pay termination fee of $13.6 million and Argo Infrastructure Partners LP will pay termination fee of $22.7 million. The transaction is subject to customary approvals, including by the Hawaii Public Utilities Commission, The Gas Company boards approval, completion of separate transaction and by MIC shareholders and the prior closing of the previously announced sale of MIC’s Atlantic Aviation business. MIC intends to seek shareholder approval for both the merger and the sale of Atlantic Aviation at a Special Meeting of Shareholders in 2021. The transaction is expected to close in the first half of 2022. The proceeds were used to eliminate holding company level debt with the remainder distributed to shareholders as a special dividend of $11 per share in cash in January 2021. Lazard Frères & Co. LLC and Evercore Group L.L.C. acted as financial advisors and fairness opinion providers and White & Case LLP acted as legal advisor to Macquarie Infrastructure Corporation. Mayer Brown LLP acted as legal advisor to Argo. laurent williot of BDO USA LLP acted as Financial Due Diligence Provider to Argo Infrastructure Partner LP. Argo Infrastructure Partners LP completed the acquisition of The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) on July 21, 2022.Reported Earnings • May 03First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: US$0.13 (down from US$0.16 in 1Q 2021). Revenue: US$68.7m (down 74% from 1Q 2021). Net income: US$11.4m (down 17% from 1Q 2021). Profit margin: 17% (up from 5.2% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: US$3.42 loss per share (down from US$1.11 loss in FY 2020). Revenue: US$236.0m (up 31% from FY 2020). Net loss: US$300.3m (loss widened 211% from FY 2020). Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42,447%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Seeking Alpha • Dec 10Macquarie Infrastructure: Might Reload Soon But Will Compete Fiercely In AllocatingMIC has sold all its operating assets to private equity, with Atlantic Aviation commanding a strong multiple close to 20x, in line with Signature's. The net non-operating assets are unsurprisingly zero, but the markets are still attributing value to the company as a vehicle for making their infrastructure investments. At this point, the decision to invest in MIC is to do with confidence in the management and the investment landscape with respect to the current $300 million valuation post-dividends. We think that management will struggle to find exceptional investments in the current market competing against government funds and cash flush allocators in private markets. We don't see any reason to invest in MIC when there are so many other private investment vehicles like SPACs on the market, and where governments will drive down ROICs in their allocations.Reported Earnings • Nov 03Third quarter 2021 earnings released: US$3.13 loss per share (vs US$1.82 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$60.1m (down 70% from 3Q 2020). Net loss: US$274.7m (loss widened 74% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Executive Departure • Oct 07Principal Accounting Officer Robert Choi has left the companyOn the 30th of September, Robert Choi's tenure as Principal Accounting Officer ended after 6.3 years in the role. We don't have any record of a personal shareholding under Robert's name. Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.33 years.Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Oct 01Inaugural dividend of US$37.39 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 07 October 2021. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 2.9%.공고 • Sep 24+ 1 more updateKKR & Co. Inc. (NYSE:KKR) completed the acquisition of Atlantic Aviation FBO Inc. from Macquarie Infrastructure Corporation (NYSE:MIC).KKR & Co. Inc. (NYSE:KKR) entered into a definitive agreement to acquire Atlantic Aviation FBO Inc from Macquarie Infrastructure Corporation (NYSE:MIC) for $4.5 billion on June 7, 2021. The transaction will be settled in cash and assumed debt and reorganization obligations. A termination fee of $88 million to be paid by Macquarie Infrastructure to KKR. A reverse termination fee of $193.88 million will be paid by KKR. The transaction is subject to customary regulatory approvals and approval from MIC shareholders. The board of directors of MIC unanimously recommends its shareholders to vote for the approval of the transaction. As of September 21, 2021, the shareholders of Macquarie Infrastructure Corporation has approved the deal. The transaction is expected to close in the fourth quarter of 2021. As of September 21, 2021, the closing of the transaction is expected on September 23, 2021. Lazard and Evercore acted as financial advisors and White & Case acted as legal advisor to MIC. Chris Yonan, Nick Fazioli and Justin Friesen of Jefferies LLC served as financial advisor and John D. Pitts, P.C.; Andrew T. Calder, P.C.; Kyle M. Watson; Stephen S. Noh; Ed Vaunder; Jack Kelly; Camille Elizabeth Walker; Justin W. Clune; Carter Matthew Johnston; Scott Myers; Nnamdi Ezenwa; Austin Johnson; Ian K. Morrison; Jessica Stenglein; Dylan Drex Treadwell; Markus Wang; Lucas Edward Spivey, P.C.; Roald Nashi, P.C.; Jordan Roberts; Robert B. Warfield; Osaro Aifuwa; Charles H. Martin; Sean Andrew Minorini; Matt Pacey, P.C.; Bryan D. Flannery; Atma Kabad; David Wheat, P.C.; Ryan Douglas Phelps; R.D. Kohut; Christine A. Lacku; Nick Ustaski; Paul Vasiloff; Alexandra Mihalas; Chris Chase; J. Robert Fowler, P.C.; Katherine M. Baker; Chelsea Bedotto; Matthew S. Wheatley; Ellen M. Jakovic; Mario Mancuso, P.C.; Luci Hague; Andrew R. Van Noord, P.C.; Callie Jones Poorman; Daniel Egel-Weiss; Jonathan E. Kidwell; Ty'Meka M. Reeves-Sobers; Courtney Tibbetts; Shellie Freedman; Roger (RJ) McLaughlin; Nick Niles; H. Boyd Greene; Brooksany Barrowes; Nicholas Gladd; Anna Geml; Sandra C. Goldstein, P.C.; Byron Pacheco; Hannah Geis of Kirkland & Ellis as legal advisor to KKR. Okapi Partners LLC acted as proxy solicitor to Macquarie Infrastructure Corporation. KKR & Co. Inc. (NYSE:KKR) completed the acquisition of Atlantic Aviation FBO Inc. from Macquarie Infrastructure Corporation (NYSE:MIC) on September 23, 2021.분석 기사 • Aug 26Calculating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)How far off is Macquarie Infrastructure Corporation ( NYSE:MIC ) from its intrinsic value? Using the most recent...Price Target Changed • Aug 12Price target increased to US$42.00Up from US$38.00, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of US$39.39. Stock is up 29% over the past year.공고 • Aug 05Macquarie Infrastructure Corporation Withdraws Financial Guidance for the Year 2021Macquarie Infrastructure Corporation withdraw financial guidance for the year 2021. With the announced sales of Atlantic Aviation and MIC Hawaii, the company will no longer provide outlook on the performance of its businesses and is withdrawing its previously provided guidance.분석 기사 • Jul 07Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공고 • Jun 28+ 1 more updateMacquarie Infrastructure Corporation(NYSE:MIC) dropped from Russell Midcap IndexMacquarie Infrastructure Corporation(NYSE:MIC) dropped from Russell Midcap IndexPrice Target Changed • Jun 17Price target increased to US$42.00Up from US$37.67, the current price target is provided by 1 analyst. New target price is 7.5% above last closing price of US$39.08. Stock is up 24% over the past year.공고 • Jun 16Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million.Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million on June 14, 2021. Under the terms of the merger agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s external manager of approximately $82 million if the merger closes on or before July 1, 2022 or $57 million if the merger closes after this date. At closing the Company’s MIC Hawaii businesses will become a wholly-owned subsidiary of Argo for expected consideration of $3.83 per unit. Unitholders are expected to receive $3.83 per unit net of an additional payment to the MIC's external manager if the merger closes on or before July 1, 2022. If the merger closes after this date, unitholders will receive consideration of $4.11 per unit. The terms of the merger agreement correspond to an enterprise value for MIC Hawaii of $514 million including assumed debt and transaction costs resulting in a multiple of 2021 Earnings Before Interest Taxes and Depreciation (EBITDA) of 12.9 times. Upon closing MIC will no longer be a publicly traded company. The transaction is expected to close in the first half of 2022 subject to customary approvals, including by the Hawaii Public Utilities Commission and by MIC shareholders and the prior closing of the previously announced sale of MIC’s Atlantic Aviation business. MIC intends to seek shareholder approval for both the merger and the sale of Atlantic Aviation at a Special Meeting of Shareholders in 2021. The proceeds were used to eliminate holding company level debt with the remainder distributed to shareholders as a special dividend of $11.00 per share in cash in January 2021. Macquarie Infrastructure Corporation will pay termination fee of $13.6 million and Argo Infrastructure Partners LP will pay termination fee of $22.7 million. Lazard Frères & Co. LLC and Evercore Group L.L.C. acted as financial advisors and fairness opinion providers and White & Case LLP acted as legal advisor to Macquarie Infrastructure Corporation. Mayer Brown LLP acted as legal advisor to Argo.분석 기사 • Jun 01Why Macquarie Infrastructure Corporation (NYSE:MIC) Could Be Worth WatchingWhile Macquarie Infrastructure Corporation ( NYSE:MIC ) might not be the most widely known stock at the moment, it saw...분석 기사 • May 06We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Macquarie Infrastructure Corporation's (NYSE:MIC) CEO For NowThe share price of Macquarie Infrastructure Corporation ( NYSE:MIC ) has increased significantly over the past few...Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.16 (vs US$0.081 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$264.2m (down 7.1% from 1Q 2020). Net income: US$13.8m (up US$20.8m from 1Q 2020). Profit margin: 5.2% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.분석 기사 • May 04A Look At The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)How far off is Macquarie Infrastructure Corporation ( NYSE:MIC ) from its intrinsic value? Using the most recent...분석 기사 • Mar 19Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...분석 기사 • Feb 26What Kind Of Shareholders Own Macquarie Infrastructure Corporation (NYSE:MIC)?A look at the shareholders of Macquarie Infrastructure Corporation ( NYSE:MIC ) can tell us which group is most...Analyst Estimate Surprise Post Earnings • Feb 19Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 18%, compared to a 10% growth forecast for the Infrastructure industry in the US.공고 • Feb 06Macquarie Infrastructure Corporation to Report Q4, 2020 Results on Feb 17, 2021Macquarie Infrastructure Corporation announced that they will report Q4, 2020 results on Feb 17, 2021분석 기사 • Feb 05Is It Too Late To Consider Buying Macquarie Infrastructure Corporation (NYSE:MIC)?Macquarie Infrastructure Corporation ( NYSE:MIC ), might not be a large cap stock, but it saw a decent share price...Price Target Changed • Feb 03Price target lowered to US$34.67Down from US$38.00, the current price target is provided by 1 analyst. The new target price is 20% above the current share price of US$28.98. As of last close, the stock is down 35% over the past year.분석 기사 • Jan 15Estimating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Macquarie...Is New 90 Day High Low • Jan 06New 90-day high: US$38.56The company is up 49% from its price of US$25.95 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 50% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$31.56 per share.Upcoming Dividend • Jan 04Upcoming Dividend of US$11.00 Per ShareWill be paid on the 8th of January to those who are registered shareholders by the 11th of January. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 3.3%.Upcoming Dividend • Dec 28Upcoming Dividend of US$11.00 Per ShareWill be paid on the 8th of January to those who are registered shareholders by the 4th of January. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 3.4%.분석 기사 • Dec 25Some Analysts Just Cut Their Macquarie Infrastructure Corporation (NYSE:MIC) EstimatesOne thing we could say about the analysts on Macquarie Infrastructure Corporation ( NYSE:MIC ) - they aren't...분석 기사 • Dec 24What Would Shareholders Who Purchased Macquarie Infrastructure's(NYSE:MIC) Stock Five Years Ago Be Earning on Their Investment Today?It is doubtless a positive to see that the Macquarie Infrastructure Corporation ( NYSE:MIC ) share price has gained...Price Target Changed • Dec 22Price target raised to US$40.75Up from US$35.50, the current price target is an average from 2 analysts. The new target price is 12% above the current share price of US$36.30. As of last close, the stock is down 17% over the past year.Is New 90 Day High Low • Dec 18New 90-day high: US$37.19The company is up 43% from its price of US$26.08 on 18 September 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$31.87 per share.분석 기사 • Dec 03We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Nov 15New 90-day high: US$30.50The company is up 1.0% from its price of US$30.25 on 17 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$41.96 per share.Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 38%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is expected to shrink by 10% compared to a 3.9% growth forecast for the Infrastructure industry in the US.Reported Earnings • Nov 11Third quarter 2020 earnings released: US$1.82 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$202.0m (down 50% from 3Q 2019). Net loss: US$158.0m (down US$173.0m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.공고 • Oct 31Macquarie Infrastructure Corporation to Report Q3, 2020 Results on Nov 09, 2020Macquarie Infrastructure Corporation announced that they will report Q3, 2020 results at 9:15 PM, GMT Standard Time on Nov 09, 2020Is New 90 Day High Low • Oct 29New 90-day low: US$25.21The company is down 16% from its price of US$30.10 on 30 July 2020. The American market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$48.34 per share.Major Estimate Revision • Oct 16Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from US$0.57 to US$0.43. No change was made to the revenue estimate which at the last update was US$1.35b. Net income is expected to grow by 33% next year compared to 7.9% growth forecast for the Infrastructure industry in the US. The consensus price target increased from US$35.25 to US$36.25. Share price stayed mostly flat at US$26.72 over the past week.공고 • Jul 17Macquarie Infrastructure Corporation to Report Q2, 2020 Results on Aug 04, 2020Macquarie Infrastructure Corporation announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 04, 2020재무 상태 분석단기부채: MIC 의 단기 자산 ( $99.6M )이 단기 부채( $30.7M ).장기 부채: MIC의 단기 자산($99.6M)이 장기 부채($201.1M)를 충당하지 못합니다.부채/자본 비율 추이 및 분석부채 수준: MIC 의 순부채 대 자기자본 비율( 19.3% )은 satisfactory로 간주됩니다.부채 감소: MIC의 부채 대비 자본 비율은 지난 5년 동안 100.8%에서 31.2%로 감소했습니다.부채 범위: MIC 의 영업현금흐름이 마이너스이므로 부채가 제대로 상환되지 않습니다.이자 보장: MIC 의 부채에 대한 이자 지급이 EBIT에 의해 잘 충당되었는지 판단할 데이터가 부족합니다.대차대조표건전한 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2022/07/22 18:30종가2022/07/20 00:00수익2022/03/31연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Macquarie Infrastructure Holdings, LLC는 11명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard GrossBarclaysAnna KaminskayaBofA Global ResearchAndrew GadlinCJS Securities, Inc.8명의 분석가 더 보기
분석 기사 • Jul 07Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 19Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
분석 기사 • Dec 03We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공고 • Jul 22+ 1 more updateArgo Infrastructure Partners LP completed the acquisition of The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC).Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million on June 14, 2021. Under the terms of the merger agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s external manager of approximately $82 million if the merger closes on or before July 1, 2022 or $57 million if the merger closes after this date. At closing the Macquarie's MIC Hawaii businesses will become a wholly-owned subsidiary of Argo for expected consideration of $3.83 per unit. Unitholders are expected to receive $3.83 per unit net of an additional payment to the MIC's external manager if the merger closes on or before July 1, 2022. If the merger closes after this date, unitholders will receive consideration of $4.11 per unit. Under the terms of the Merger Agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s Manager of $81.7 million if the MH Merger closes on or before July 1, 2022 or $56.7 million if the MH Merger closes after this date. The terms of the merger agreement correspond to an enterprise value for MIC Hawaii of $514 million including assumed debt and transaction costs resulting in a multiple of 2021 Earnings Before Interest Taxes and Depreciation (EBITDA) of 12.9 times. Upon closing MIC will no longer be a publicly traded company. Macquarie Infrastructure Corporation will pay termination fee of $13.6 million and Argo Infrastructure Partners LP will pay termination fee of $22.7 million. The transaction is subject to customary approvals, including by the Hawaii Public Utilities Commission, The Gas Company boards approval, completion of separate transaction and by MIC shareholders and the prior closing of the previously announced sale of MIC’s Atlantic Aviation business. MIC intends to seek shareholder approval for both the merger and the sale of Atlantic Aviation at a Special Meeting of Shareholders in 2021. The transaction is expected to close in the first half of 2022. The proceeds were used to eliminate holding company level debt with the remainder distributed to shareholders as a special dividend of $11 per share in cash in January 2021. Lazard Frères & Co. LLC and Evercore Group L.L.C. acted as financial advisors and fairness opinion providers and White & Case LLP acted as legal advisor to Macquarie Infrastructure Corporation. Mayer Brown LLP acted as legal advisor to Argo. laurent williot of BDO USA LLP acted as Financial Due Diligence Provider to Argo Infrastructure Partner LP. Argo Infrastructure Partners LP completed the acquisition of The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) on July 21, 2022.
Reported Earnings • May 03First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: US$0.13 (down from US$0.16 in 1Q 2021). Revenue: US$68.7m (down 74% from 1Q 2021). Net income: US$11.4m (down 17% from 1Q 2021). Profit margin: 17% (up from 5.2% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: US$3.42 loss per share (down from US$1.11 loss in FY 2020). Revenue: US$236.0m (up 31% from FY 2020). Net loss: US$300.3m (loss widened 211% from FY 2020). Revenue missed analyst estimates by 37%. Earnings per share (EPS) also missed analyst estimates by 42,447%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Seeking Alpha • Dec 10Macquarie Infrastructure: Might Reload Soon But Will Compete Fiercely In AllocatingMIC has sold all its operating assets to private equity, with Atlantic Aviation commanding a strong multiple close to 20x, in line with Signature's. The net non-operating assets are unsurprisingly zero, but the markets are still attributing value to the company as a vehicle for making their infrastructure investments. At this point, the decision to invest in MIC is to do with confidence in the management and the investment landscape with respect to the current $300 million valuation post-dividends. We think that management will struggle to find exceptional investments in the current market competing against government funds and cash flush allocators in private markets. We don't see any reason to invest in MIC when there are so many other private investment vehicles like SPACs on the market, and where governments will drive down ROICs in their allocations.
Reported Earnings • Nov 03Third quarter 2021 earnings released: US$3.13 loss per share (vs US$1.82 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$60.1m (down 70% from 3Q 2020). Net loss: US$274.7m (loss widened 74% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Board Change • Nov 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Executive Departure • Oct 07Principal Accounting Officer Robert Choi has left the companyOn the 30th of September, Robert Choi's tenure as Principal Accounting Officer ended after 6.3 years in the role. We don't have any record of a personal shareholding under Robert's name. Robert is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.33 years.
Board Change • Oct 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Mandy Brock was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Oct 01Inaugural dividend of US$37.39 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 07 October 2021. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 2.9%.
공고 • Sep 24+ 1 more updateKKR & Co. Inc. (NYSE:KKR) completed the acquisition of Atlantic Aviation FBO Inc. from Macquarie Infrastructure Corporation (NYSE:MIC).KKR & Co. Inc. (NYSE:KKR) entered into a definitive agreement to acquire Atlantic Aviation FBO Inc from Macquarie Infrastructure Corporation (NYSE:MIC) for $4.5 billion on June 7, 2021. The transaction will be settled in cash and assumed debt and reorganization obligations. A termination fee of $88 million to be paid by Macquarie Infrastructure to KKR. A reverse termination fee of $193.88 million will be paid by KKR. The transaction is subject to customary regulatory approvals and approval from MIC shareholders. The board of directors of MIC unanimously recommends its shareholders to vote for the approval of the transaction. As of September 21, 2021, the shareholders of Macquarie Infrastructure Corporation has approved the deal. The transaction is expected to close in the fourth quarter of 2021. As of September 21, 2021, the closing of the transaction is expected on September 23, 2021. Lazard and Evercore acted as financial advisors and White & Case acted as legal advisor to MIC. Chris Yonan, Nick Fazioli and Justin Friesen of Jefferies LLC served as financial advisor and John D. Pitts, P.C.; Andrew T. Calder, P.C.; Kyle M. Watson; Stephen S. Noh; Ed Vaunder; Jack Kelly; Camille Elizabeth Walker; Justin W. Clune; Carter Matthew Johnston; Scott Myers; Nnamdi Ezenwa; Austin Johnson; Ian K. Morrison; Jessica Stenglein; Dylan Drex Treadwell; Markus Wang; Lucas Edward Spivey, P.C.; Roald Nashi, P.C.; Jordan Roberts; Robert B. Warfield; Osaro Aifuwa; Charles H. Martin; Sean Andrew Minorini; Matt Pacey, P.C.; Bryan D. Flannery; Atma Kabad; David Wheat, P.C.; Ryan Douglas Phelps; R.D. Kohut; Christine A. Lacku; Nick Ustaski; Paul Vasiloff; Alexandra Mihalas; Chris Chase; J. Robert Fowler, P.C.; Katherine M. Baker; Chelsea Bedotto; Matthew S. Wheatley; Ellen M. Jakovic; Mario Mancuso, P.C.; Luci Hague; Andrew R. Van Noord, P.C.; Callie Jones Poorman; Daniel Egel-Weiss; Jonathan E. Kidwell; Ty'Meka M. Reeves-Sobers; Courtney Tibbetts; Shellie Freedman; Roger (RJ) McLaughlin; Nick Niles; H. Boyd Greene; Brooksany Barrowes; Nicholas Gladd; Anna Geml; Sandra C. Goldstein, P.C.; Byron Pacheco; Hannah Geis of Kirkland & Ellis as legal advisor to KKR. Okapi Partners LLC acted as proxy solicitor to Macquarie Infrastructure Corporation. KKR & Co. Inc. (NYSE:KKR) completed the acquisition of Atlantic Aviation FBO Inc. from Macquarie Infrastructure Corporation (NYSE:MIC) on September 23, 2021.
분석 기사 • Aug 26Calculating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)How far off is Macquarie Infrastructure Corporation ( NYSE:MIC ) from its intrinsic value? Using the most recent...
Price Target Changed • Aug 12Price target increased to US$42.00Up from US$38.00, the current price target is provided by 1 analyst. New target price is 6.6% above last closing price of US$39.39. Stock is up 29% over the past year.
공고 • Aug 05Macquarie Infrastructure Corporation Withdraws Financial Guidance for the Year 2021Macquarie Infrastructure Corporation withdraw financial guidance for the year 2021. With the announced sales of Atlantic Aviation and MIC Hawaii, the company will no longer provide outlook on the performance of its businesses and is withdrawing its previously provided guidance.
분석 기사 • Jul 07Is Macquarie Infrastructure (NYSE:MIC) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공고 • Jun 28+ 1 more updateMacquarie Infrastructure Corporation(NYSE:MIC) dropped from Russell Midcap IndexMacquarie Infrastructure Corporation(NYSE:MIC) dropped from Russell Midcap Index
Price Target Changed • Jun 17Price target increased to US$42.00Up from US$37.67, the current price target is provided by 1 analyst. New target price is 7.5% above last closing price of US$39.08. Stock is up 24% over the past year.
공고 • Jun 16Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million.Argo Infrastructure Partners LP agreed to acquire The Gas Company, LLC from Macquarie Infrastructure Corporation (NYSE:MIC) for approximately $510 million on June 14, 2021. Under the terms of the merger agreement, at closing, Argo will pay the merger consideration to unitholders, and fund transaction costs and fund a disposition payment to MIC’s external manager of approximately $82 million if the merger closes on or before July 1, 2022 or $57 million if the merger closes after this date. At closing the Company’s MIC Hawaii businesses will become a wholly-owned subsidiary of Argo for expected consideration of $3.83 per unit. Unitholders are expected to receive $3.83 per unit net of an additional payment to the MIC's external manager if the merger closes on or before July 1, 2022. If the merger closes after this date, unitholders will receive consideration of $4.11 per unit. The terms of the merger agreement correspond to an enterprise value for MIC Hawaii of $514 million including assumed debt and transaction costs resulting in a multiple of 2021 Earnings Before Interest Taxes and Depreciation (EBITDA) of 12.9 times. Upon closing MIC will no longer be a publicly traded company. The transaction is expected to close in the first half of 2022 subject to customary approvals, including by the Hawaii Public Utilities Commission and by MIC shareholders and the prior closing of the previously announced sale of MIC’s Atlantic Aviation business. MIC intends to seek shareholder approval for both the merger and the sale of Atlantic Aviation at a Special Meeting of Shareholders in 2021. The proceeds were used to eliminate holding company level debt with the remainder distributed to shareholders as a special dividend of $11.00 per share in cash in January 2021. Macquarie Infrastructure Corporation will pay termination fee of $13.6 million and Argo Infrastructure Partners LP will pay termination fee of $22.7 million. Lazard Frères & Co. LLC and Evercore Group L.L.C. acted as financial advisors and fairness opinion providers and White & Case LLP acted as legal advisor to Macquarie Infrastructure Corporation. Mayer Brown LLP acted as legal advisor to Argo.
분석 기사 • Jun 01Why Macquarie Infrastructure Corporation (NYSE:MIC) Could Be Worth WatchingWhile Macquarie Infrastructure Corporation ( NYSE:MIC ) might not be the most widely known stock at the moment, it saw...
분석 기사 • May 06We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Macquarie Infrastructure Corporation's (NYSE:MIC) CEO For NowThe share price of Macquarie Infrastructure Corporation ( NYSE:MIC ) has increased significantly over the past few...
Reported Earnings • May 06First quarter 2021 earnings released: EPS US$0.16 (vs US$0.081 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$264.2m (down 7.1% from 1Q 2020). Net income: US$13.8m (up US$20.8m from 1Q 2020). Profit margin: 5.2% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.
분석 기사 • May 04A Look At The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)How far off is Macquarie Infrastructure Corporation ( NYSE:MIC ) from its intrinsic value? Using the most recent...
분석 기사 • Mar 19Here's Why Macquarie Infrastructure (NYSE:MIC) Has A Meaningful Debt BurdenWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
분석 기사 • Feb 26What Kind Of Shareholders Own Macquarie Infrastructure Corporation (NYSE:MIC)?A look at the shareholders of Macquarie Infrastructure Corporation ( NYSE:MIC ) can tell us which group is most...
Analyst Estimate Surprise Post Earnings • Feb 19Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 37%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Over the next year, revenue is forecast to grow 18%, compared to a 10% growth forecast for the Infrastructure industry in the US.
공고 • Feb 06Macquarie Infrastructure Corporation to Report Q4, 2020 Results on Feb 17, 2021Macquarie Infrastructure Corporation announced that they will report Q4, 2020 results on Feb 17, 2021
분석 기사 • Feb 05Is It Too Late To Consider Buying Macquarie Infrastructure Corporation (NYSE:MIC)?Macquarie Infrastructure Corporation ( NYSE:MIC ), might not be a large cap stock, but it saw a decent share price...
Price Target Changed • Feb 03Price target lowered to US$34.67Down from US$38.00, the current price target is provided by 1 analyst. The new target price is 20% above the current share price of US$28.98. As of last close, the stock is down 35% over the past year.
분석 기사 • Jan 15Estimating The Intrinsic Value Of Macquarie Infrastructure Corporation (NYSE:MIC)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Macquarie...
Is New 90 Day High Low • Jan 06New 90-day high: US$38.56The company is up 49% from its price of US$25.95 on 07 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 50% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$31.56 per share.
Upcoming Dividend • Jan 04Upcoming Dividend of US$11.00 Per ShareWill be paid on the 8th of January to those who are registered shareholders by the 11th of January. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 3.3%.
Upcoming Dividend • Dec 28Upcoming Dividend of US$11.00 Per ShareWill be paid on the 8th of January to those who are registered shareholders by the 4th of January. The company last paid an ordinary dividend in February 2020. The average dividend yield among industry peers is 3.4%.
분석 기사 • Dec 25Some Analysts Just Cut Their Macquarie Infrastructure Corporation (NYSE:MIC) EstimatesOne thing we could say about the analysts on Macquarie Infrastructure Corporation ( NYSE:MIC ) - they aren't...
분석 기사 • Dec 24What Would Shareholders Who Purchased Macquarie Infrastructure's(NYSE:MIC) Stock Five Years Ago Be Earning on Their Investment Today?It is doubtless a positive to see that the Macquarie Infrastructure Corporation ( NYSE:MIC ) share price has gained...
Price Target Changed • Dec 22Price target raised to US$40.75Up from US$35.50, the current price target is an average from 2 analysts. The new target price is 12% above the current share price of US$36.30. As of last close, the stock is down 17% over the past year.
Is New 90 Day High Low • Dec 18New 90-day high: US$37.19The company is up 43% from its price of US$26.08 on 18 September 2020. The American market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$31.87 per share.
분석 기사 • Dec 03We Think Macquarie Infrastructure (NYSE:MIC) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Nov 15New 90-day high: US$30.50The company is up 1.0% from its price of US$30.25 on 17 August 2020. The American market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$41.96 per share.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue and earnings miss expectationsRevenue missed analyst estimates by 38%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is expected to shrink by 10% compared to a 3.9% growth forecast for the Infrastructure industry in the US.
Reported Earnings • Nov 11Third quarter 2020 earnings released: US$1.82 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$202.0m (down 50% from 3Q 2019). Net loss: US$158.0m (down US$173.0m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
공고 • Oct 31Macquarie Infrastructure Corporation to Report Q3, 2020 Results on Nov 09, 2020Macquarie Infrastructure Corporation announced that they will report Q3, 2020 results at 9:15 PM, GMT Standard Time on Nov 09, 2020
Is New 90 Day High Low • Oct 29New 90-day low: US$25.21The company is down 16% from its price of US$30.10 on 30 July 2020. The American market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Infrastructure industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$48.34 per share.
Major Estimate Revision • Oct 16Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate was lowered from US$0.57 to US$0.43. No change was made to the revenue estimate which at the last update was US$1.35b. Net income is expected to grow by 33% next year compared to 7.9% growth forecast for the Infrastructure industry in the US. The consensus price target increased from US$35.25 to US$36.25. Share price stayed mostly flat at US$26.72 over the past week.
공고 • Jul 17Macquarie Infrastructure Corporation to Report Q2, 2020 Results on Aug 04, 2020Macquarie Infrastructure Corporation announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 04, 2020