MYR Group Inc. (MYRG)

Market Cap	2.59B
Revenue (ttm)	3.65B
Net Income (ttm)	86.77M
Shares Out	16.77M
EPS (ttm)	5.15
PE Ratio	30.29
Forward PE	22.32
Dividend	n/a
Ex-Dividend Date	n/a

Volume	104,514
Open	154.71
Previous Close	152.89
Day's Range	152.98 - 157.49
52-Week Range	110.87 - 181.02
Beta	1.10
Analysts	Buy
Price Target	173.25 (+12.06%)
Earnings Date	May 1, 2024

About MYRG

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utili...

• Industry: Engineering & Construction
• Sector: Industrials
• Founded: 1891
• Employees: 9,000
• Stock Exchange: NASDAQ
• Ticker Symbol: MYRG

Financial Performance

In 2023, MYR Group's revenue was $3.64 billion, an increase of 21.12% compared to the previous year's $3.01 billion. Earnings were $90.99 million, an increase of 9.13%.

Analyst Forecast

According to 5 analysts, the average rating for MYRG stock is "Buy." The 12-month stock price forecast is $173.25, which is an increase of 12.06% from the latest price.

Price Target

$173.25

(12.06% upside)

Analyst Consensus: Buy