MYR Group, Inc. (MYRG)

NASDAQ: MYRG · IEX Real-Time Price · USD
86.67
1.46 (1.71%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap1.47B
Revenue (ttm)2.54B
Net Income (ttm)85.77M
Shares Out17.00M
EPS (ttm)4.99
PE Ratio17.37
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume115,845
Open84.75
Previous Close85.21
Day's Range84.71 - 87.54
52-Week Range74.77 - 121.22
Beta1.11
AnalystsBuy
Price Target108.12 (+24.7%)
Earnings DateApr 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...

IndustryConstruction & Engineering
Founded1891
CEORichard Swartz
Employees7,600
Stock ExchangeNASDAQ
Ticker SymbolMYRG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$108.12
(24.75% upside)
Analyst Consensus: Buy
Stock Forecasts

News

7 Micro-Cap Stocks to Buy and Hold for the Next 10 Years

Finding micro-cap stocks to buy requires a bit of everything, including patience. Today's plan is to pick from the top of the IWC ETF.

1 week ago - InvestorPlace

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...

2 weeks ago - GlobeNewsWire

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...

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - GlobeNewsWire

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...

2 weeks ago - GlobeNewsWire

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...

2 weeks ago - Zacks Investment Research

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?

3 weeks ago - Zacks Investment Research

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...

3 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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?

2 months ago - Zacks Investment Research

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 ...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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.

4 months ago - Zacks Investment Research

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, ...

4 months ago - GlobeNewsWire

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.

5 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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.

6 months ago - Zacks Investment Research

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...

Other symbols:EPAMXPEL
6 months ago - GuruFocus

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...

6 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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.

6 months ago - Benzinga

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 ...

6 months ago - GlobeNewsWire