MYR Group Inc. (MYRG)

Market Cap	2.47B
Revenue (ttm)	3.54B
Net Income (ttm)	38.35M
Shares Out	16.12M
EPS (ttm)	2.29
PE Ratio	66.89
Forward PE	31.67
Dividend	n/a
Ex-Dividend Date	n/a

Volume	202,235
Open	151.55
Previous Close	154.51
Day's Range	150.98 - 155.28
52-Week Range	86.60 - 181.02
Beta	0.94
Analysts	Buy
Price Target	162.40 (+5.94%)
Earnings Date	Oct 30, 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
• Website: https://www.myrgroup.com

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 6 analysts, the average rating for MYRG stock is "Buy." The 12-month stock price forecast is $162.4, which is an increase of 5.94% from the latest price.

Price Target

$162.4

(5.94% upside)

Analyst Consensus: Buy