MYR Group Inc. (MYRG)

Market Cap	2.04B
Revenue (ttm)	3.59B
Net Income (ttm)	49.22M
Shares Out	16.51M
EPS (ttm)	2.92
PE Ratio	42.32
Forward PE	35.06
Dividend	n/a
Ex-Dividend Date	n/a

Volume	156,823
Open	122.98
Previous Close	123.75
Day's Range	121.15 - 124.37
52-Week Range	86.60 - 181.02
Beta	0.93
Analysts	Buy
Price Target	147.00 (+18.86%)
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 $147.0, which is an increase of 18.86% from the latest price.

Price Target

$147.0

(18.86% upside)

Analyst Consensus: Buy