MEGI Stock Summary and Trading Ideas (Mainstay Cbre Glb Infr | NYSE:MEGI)

MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. It invests predominantly in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities, and rights or warrants to buy common stocks. The company intends to focus on three infrastructure megatrends: decarbonization, digital transformation, and asset modernization while making its investments.

Mainstay Cbre Glb Infr trades on the NYSE stock market under the symbol MEGI.

As of November 3, 2026, MEGI stock price declined to $14.36 with 157,018 million shares trading.

MEGI has a beta of 0.35, meaning it tends to be less sensitive to market movements. MEGI has a correlation of 0.05 to the broad based SPY ETF.

MEGI has a market cap of $747.40 million. This is considered a Small Cap stock.

In the last 3 years, MEGI traded as high as $15.89 and as low as $11.28.

MEGI has outperformed the market in the last year with a price return of +12.1% while the SPY ETF gained +11.7%. However, in the short term, MEGI had mixed performance relative to the market. It has underperformed in the last 3 months, returning -3.7% vs +1.2% return in SPY. But in the last 2 weeks, MEGI shares have fared better than the market returning +3.2% compared to SPY -1.6%.

MEGI support price is $14.29 and resistance is $14.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MEGI shares will trade within this expected range on the day.