MYR Group, Inc. (MYRG)
| Market Cap | 1.47B |
| Revenue (ttm) | 2.54B |
| Net Income (ttm) | 85.77M |
| Shares Out | 17.00M |
| EPS (ttm) | 4.99 |
| PE Ratio | 17.37 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 115,845 |
| Open | 84.75 |
| Previous Close | 85.21 |
| Day's Range | 84.71 - 87.54 |
| 52-Week Range | 74.77 - 121.22 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 108.12 (+24.7%) |
| Earnings Date | Apr 27, 2022 |
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...
Financial Performance
In 2021, MYR Group's revenue was $2.50 billion, an increase of 11.16% compared to the previous year's $2.25 billion. Earnings were $85.01 million, an increase of 44.68%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MYRG stock is "Buy." The 12-month stock price forecast is 108.12, which is an increase of 24.75% from the latest price.
News
MYR Group Inc. Announces New $75 Million Share Repurchase Program
HENDERSON, Colo., May 04, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group” or the “Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastru...
Down 14.4% in 4 Weeks, Here's Why You Should You Buy the Dip in MYR (MYRG)
MYR (MYRG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earning...
MYR Group Inc. to Participate in KeyBanc Capital Markets Industrials & Basic Materials Conference
HENDERSON, Colo., May 03, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial...
MYR Group Inc. Announces Appointment of New Board Member
HENDERSON, Colo., May 02, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group” or the “Company”) (NASDAQ: MYRG), announced today the appointment of Ajoy H. Karna to the Company's Board of Directors (the...
After Plunging 12.6% in 4 Weeks, Here's Why the Trend Might Reverse for MYR (MYRG)
MYR (MYRG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earning...
MYR Group (MYRG) Q1 Earnings and Revenues Surpass Estimates
MYR (MYRG) delivered earnings and revenue surprises of 17.48% and 5.21%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
MYR Group Inc. Announces First-Quarter 2022 Results
HENDERSON, Colo., April 27, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and...
MYR Group Inc. Announces First-Quarter 2022 Earnings Release and Conference Call Schedule
HENDERSON, Colo., April 21, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...
MYR Group Inc. to Participate in Oppenheimer's 17th Annual Industrial Growth Conference
HENDERSON, Colo., April 20, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...
MYR Group Inc. Subsidiary Awarded Timberland Solar Project with ConEdison
HENDERSON, Colo., April 14, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...
MYR Group Inc. to Attend UBS and Sidoti Virtual Investor Conferences in March
HENDERSON, Colo., March 16, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commerci...
MYR Group (MYRG) Q4 Earnings and Revenues Surpass Estimates
MYR (MYRG) delivered earnings and revenue surprises of 7.14% and 6.55%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
MYR Group Inc. Announces Fourth-Quarter and Full Year 2021 Results
HENDERSON, Colo., Feb. 23, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and ...
MYR Group Inc. Announces Fourth-Quarter and Full Year 2021 Earnings Release and Conference Call Schedule
HENDERSON, Colo., Feb. 17, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and ...
MYR Group (MYRG) Arm Buys Powerline Plus, Expands in Canada
MYR Group's (MYRG) unit MYR Group Construction Canada acquires Powerline Plus Companies. This further expands MYRG's Transmission and Distribution operations in Canada.
MYR Group Acquires Powerline Plus Companies
HENDERSON, Colo., Jan. 04, 2022 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR” or “MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, ...
Is MYR Group (MYRG) Stock Outpacing Its Utilities Peers This Year?
Here is how MYR Group (MYRG) and Otter Tail (OTTR) have performed compared to their sector so far this year.
MYR Group Inc. to Attend Credit Suisse 9th Annual Industrials Conference
HENDERSON, Colo., Nov. 17, 2021 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...
MYR (MYRG) Hits 52-Week High, Can the Run Continue?
MYR (MYRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
3 Stock Picks for a Long-Term Approach
The GuruFocus business predictability rating ranks companies on a five-star scale, defining the more predictable companies as businesses whose revenue per share and Ebitda per share have been growing st...
MYR Group Inc. to Attend Baird 2021 Global Industrial Virtual Investor Conference
HENDERSON, Colo., Oct. 29, 2021 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercia...
MYR Group (MYRG) Beats Q3 Earnings Estimates
MYR (MYRG) delivered earnings and revenue surprises of 25.00% and -2.25%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: MYR Group Q3 Earnings
MYR Group (NASDAQ:MYRG) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:05 PM. Here's what investors need to know about the announcement.
MYR Group Inc. Announces Third-Quarter and First Nine-Months 2021 Results
HENDERSON, Colo., Oct. 27, 2021 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and ...