MYR Group Inc. (MYRG)

NASDAQ: MYRG · Real-Time Price · USD
128.97
+0.45 (0.35%)
Mar 25, 2025, 4:00 PM EDT - Market closed
0.35%
Market Cap 2.08B
Revenue (ttm) 3.36B
Net Income (ttm) 30.26M
Shares Out 16.14M
EPS (ttm) 1.83
PE Ratio 70.47
Forward PE 21.09
Dividend n/a
Ex-Dividend Date n/a
Volume 148,837
Open 128.54
Previous Close 128.52
Day's Range 127.09 - 130.00
52-Week Range 86.60 - 181.02
Beta 0.93
Analysts Strong Buy
Price Target 160.80 (+24.68%)
Earnings Date Apr 30, 2025

About MYRG

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through 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 ... [Read more]

Sector Industrials
Founded 1891
Employees 8,500
Stock Exchange NASDAQ
Ticker Symbol MYRG
Full Company Profile

Financial Performance

In 2024, MYR Group's revenue was $3.36 billion, a decrease of -7.73% compared to the previous year's $3.64 billion. Earnings were $30.26 million, a decrease of -66.74%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MYRG stock is "Strong Buy." The 12-month stock price forecast is $160.8, which is an increase of 24.68% from the latest price.

Price Target
$160.8
(24.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MYR Group Can See Large Tailwinds From AI Data Center Expansions

MYR Group Inc. faced a -7.73% YOY revenue decline in FY24 due to renewable energy project challenges but is poised for growth with data center construction and manufacturing reshoring catalysts. MYR G...

25 days ago - Seeking Alpha

MYR Group Inc. (MYRG) Q4 2024 Earnings Call Transcript

MYR Group Inc. (NASDAQ:MYRG) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President & Chief Executive...

26 days ago - Seeking Alpha

MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Results

THORNTON, Colo., Feb. 26, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR” or the "Company") (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructur...

27 days ago - GlobeNewsWire

MYR Group Inc. to Participate in Sidoti Small-Cap Virtual Conference in March

THORNTON, Colo., Feb. 19, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

4 weeks ago - GlobeNewsWire

MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule

THORNTON, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

5 weeks ago - GlobeNewsWire

MYR Group Inc. to Attend Cantor Global Technology Conference in March

THORNTON, Colo., Feb. 11, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

6 weeks ago - GlobeNewsWire

MYR Group Inc. to Attend Goldman Sachs Energy, CleanTech & Utilities Conference in January

THORNTON, Colo., Dec. 09, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

3 months ago - GlobeNewsWire

MYR Group Inc. to Participate in Oppenheimer Midwest Virtual Summit Investor Conference in December

THORNTON, Colo., Nov. 13, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

4 months ago - GlobeNewsWire

MYR Group Inc. to Attend Janney Annual Clean Energy Investment Symposium Investor Conference in December

THORNTON, Colo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

4 months ago - GlobeNewsWire

MYR Group Inc. to Attend UBS Global Industrials and Transportation Conference in December

THORNTON, Colo., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

4 months ago - GlobeNewsWire

MYR Group Inc (MYRG) Q3 2024 Earnings Call Transcript

MYR Group Inc (NASDAQ:MYRG) Q3 2024 Results Conference Call October 31, 2024 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Richard Swartz - President & Chief Executive...

5 months ago - Seeking Alpha

MYR Group Inc. Announces Third-Quarter and First Nine-Months 2024 Results

THORNTON, Colo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and...

5 months ago - GlobeNewsWire

MYR Group Inc. to Attend Stephens Annual Investment Conference in November

THORNTON, Colo., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

5 months ago - GlobeNewsWire

MYR Group Inc. Announces Third-Quarter 2024 Earnings Release and Conference Call Schedule

THORNTON, Colo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

5 months ago - GlobeNewsWire

MYR Group Inc. to Attend Baird Global Industrial Investor Conference in November

THORNTON, Colo., Oct. 11, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

5 months ago - GlobeNewsWire

MYR Group Is A Company For Our Times, But It's Not Now Time For The Stock

MYR Group is well-positioned to flourish as the U.S. electrical infrastructure steps up to accommodate our growing digital era (including AI). But MYR Group's margins and year-to-year EPS comparisons ...

6 months ago - Seeking Alpha

Around $2M Bet On HighPeak Energy? Check Out These 3 Stocks Executives Are Buying

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades.

Other symbols: HPKMRCY
7 months ago - Benzinga

MYR Group Inc. (MYRG) Q2 2024 Earnings Call Transcript

MYR Group Inc. (NASDAQ:MYRG) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President and Chief Executive ...

8 months ago - Seeking Alpha

MYR Group Inc. Announces Second-Quarter and First-Half 2024 Results

THORNTON, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and...

8 months ago - GlobeNewsWire

MYR Group Inc. Announces Second-Quarter 2024 Earnings Release and Conference Call Schedule

THORNTON, Colo., July 17, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...

8 months ago - GlobeNewsWire

These small-cap stocks score highest when screened for quality

After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower th...

8 months ago - Market Watch

MYR Group: Shift Towards Clean Energy And Growing Demand For Data Centre

MYRG's profitability margins have contracted, but they were modest. The decrease was due to rising costs caused by supply chain issues, inflation, and inclement weather. MYRG's profitability margins h...

10 months ago - Seeking Alpha

MYR Group Inc. to Participate in Sidoti Small Cap Investor Conference in June

THORNTON, Colo., May 15, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...

11 months ago - GlobeNewsWire

MYR Group Inc. to Attend Wells Fargo Industrials Investor Conference in June

THORNTON, Colo., May 13, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...

11 months ago - GlobeNewsWire

MYR Group Inc. to Attend Stifel Cross Sector Insight Investor Conference in June

THORNTON, Colo., May 09, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...

11 months ago - GlobeNewsWire