MYR Group Inc. (MYRG)
| Market Cap | 4.58B +58.0% |
| Revenue (ttm) | 4.01B +16.1% |
| Net Income | 165.29M +116.4% |
| EPS | 10.54 +121.2% |
| Shares Out | 15.57M |
| PE Ratio | 27.93 |
| Forward PE | 22.65 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 400,896 |
| Open | 309.53 |
| Previous Close | 309.39 |
| Day's Range | 293.00 - 311.45 |
| 52-Week Range | 171.51 - 503.57 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 412.00 (+39.94%) |
| Earnings Date | Jul 29, 2026 |
About MYRG
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its 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 ... [Read more]
Financial Performance
In 2025, MYR Group's revenue was $3.66 billion, an increase of 8.79% compared to the previous year's $3.36 billion. Earnings were $118.42 million, an increase of 291.29%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for MYRG stock is "Buy." The 12-month stock price target is $412.0, which is an increase of 39.94% from the latest price.
News
MYR Group price target lowered to $422 from $469 at Goldman Sachs
Goldman Sachs lowered the firm’s price target on MYR Group (MYRG) to $422 from $469 and keeps a Neutral rating on the shares. MYR Group is positioned to benefit from…
MYR Group Earnings Call Transcript: Q2 2026
Record Q2 2026 revenues and backlog were driven by strong T&D and C&I segment performance, improved margins, and the acquisition of Valley and Comet Electric. Full-year guidance remains unchanged, with robust market demand and a healthy project pipeline supporting future growth.
MYR Group Earnings release: Q2 2026
MYR Group released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
MYR Group Quarterly report: Q2 2026
MYR Group has published its Q2 2026 quarterly earnings report on July 30, 2026.
MYR Group Slides: Q2 2026
MYR Group has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
MYR Group price target lowered to $375 from $450 at Baird
Baird lowered the firm’s price target on MYR Group (MYRG) to $375 from $450 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results…
MYR Group reports Q2 EPS $3.17, consensus $2.64
Reports Q2 revenue $1.08B, consensus $994.71M. The company said, “Our strong second quarter performance drove record quarterly revenues of $1.08 billion, while backlog reached $3.16 billion at quarter...
MYR Group Inc. Announces Second-Quarter and First-Half 2026 Results
THORNTON, Colo., July 29, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR or the "Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure...
MYR Group price target raised to $530 from $500 at Clear Street
Clear Street raised the firm’s price target on MYR Group (MYRG) to $530 from $500 and keeps a Buy rating on the shares. The firm increase its 2027 and 2028…
MYR Group Inc. Announces Second Quarter 2026 Earnings Release and Conference Call Schedule
THORNTON, Colo., July 15, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...
MYR Group assumed with a Perform at Oppenheimer
Oppenheimer assumed coverage of MYR Group (MYRG) with a Perform rating. The firm notes the backdrop for electrical T&D services, which MYR is capably positioned to offer, is undeniably strong.
MYR Group to acquire Valley Electric, Comet Electric for $328M
MYR Group (MYRG) announced that it has entered into a definitive agreement to acquire all issued and outstanding shares of capital stock of Valley Holdings, Inc. and its subsidiaries, including…
Prospect Capital sells Valley Electric to MYR Group for $328M
Prospect Capital (PSEC) announced the sale of Prospect’s portfolio company Valley Electric to MYR Group (MYRG). The closing of the transaction is expected to occur on or about July 1…
MYR Group Enters Definitive Agreement to Acquire Valley Electric and Comet Electric
THORNTON, Colo., May 27, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR” or the “Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure...
MYR Group price target raised to $500 from $400 at Clear Street
Clear Street analyst Tim Moore raised the firm’s price target on MYR Group (MYRG) to $500 from $400 and keeps a Buy rating on the shares. MYR has “entered the…
MYR Group Inc. to Attend Wells Fargo Industrials & Materials Conference in June
THORNTON, Colo., May 11, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...
MYR Group Inc. to Attend Baird Global Consumer, Technology & Services Conference in June
THORNTON, Colo., May 05, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...
MYR Group Inc. to Attend Stifel 2026 Boston Cross Sector 1x1 Conference in June
THORNTON, Colo., May 04, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...
MYR Group price target raised to $503 from $351 at Stifel
Stifel analyst Brian Brophy raised the firm’s price target on MYR Group (MYRG) to $503 from $351 and keeps a Buy rating on the shares. The firm notes Q1 was…
MYR Group downgraded to Perform at Kansas City Capital on valuation
As previously reported, Kansas City Capital analyst Jon Braatz downgraded MYR Group (MYRG) to Perform from Outperform and removed the firm’s prior 12-18-month price target After a “wow” quarter for…
MYR Group downgraded to Perform from Outperform at Kansas City Capital
Kansas City Capital analyst Jon Braatz downgraded MYR Group (MYRG) to Perform from Outperform.
MYR Group price target raised to $450 from $373 at Baird
Baird raised the firm’s price target on MYR Group (MYRG) to $450 from $373 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results.
MYR Group Inc. to Attend KeyBanc Industrials & Basic Materials Conference in May
THORNTON, Colo., April 30, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerc...
MYR Group price target raised to $400 from $350 at Clear Street
Clear Street raised the firm’s price target on MYR Group (MYRG) to $400 from $350 and keeps a Buy rating on the shares. The firm views the company’s Q1 report…
MYR Group Earnings Call Transcript: Q1 2026
Record Q1 2026 results featured 20% revenue growth, margin expansion, and record backlog, driven by strong demand in T&D and C&I segments. Updated annual margin targets and 12% revenue growth outlook reflect confidence in execution and market trends.