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NASDAQ:MYRG

MYR Group (MYRG) Stock Price, News & Analysis

MYR Group logo
$333.22 +2.38 (+0.72%)
Closing price 07/31/2026 04:00 PM Eastern
Extended Trading
$329.68 -3.55 (-1.06%)
As of 07/31/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About MYR Group Stock (NASDAQ:MYRG)

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Key Stats

Today's Range
$328.71
$349.48
50-Day Range
$322.06
$501.13
52-Week Range
$171.51
$503.57
Volume
406,948 shs
Average Volume
278,355 shs
Market Capitalization
$5.19 billion
P/E Ratio
31.61
Dividend Yield
N/A
Price Target
$426.00
Consensus Rating
Moderate Buy

Company Overview

MYR Group Inc. (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services. The company’s workforce is trained to deploy advanced equipment and adhere to stringent safety and regulatory standards, enabling it to work on projects ranging from urban transmission rebuilds to rural distribution extensions and large-scale solar, wind and battery storage interconnection systems.

Headquartered in Henderson, Colorado, MYR Group serves customers across the United States and Canada, with regional offices and field locations that provide local responsiveness and operational flexibility. The company is led by President and Chief Executive Officer Clive H. Lewin, whose tenure has focused on strategic growth through selective acquisitions and investment in technology, workforce development and safety programs. MYR Group continues to pursue opportunities in evolving energy markets while maintaining its emphasis on reliable delivery and long-term customer relationships.

AI Generated. May Contain Errors.

MYR Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

MYRG MarketRank™: 

MYR Group scored higher than 89% of companies evaluated by MarketBeat, and ranked 135th out of 653 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MYR Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 1 strong buy rating, 3 buy ratings, 5 hold ratings, and no sell ratings.

  • Upside Potential

    MYR Group has a consensus price target of $426.00, representing about 27.8% upside from its current price of $333.22.

  • Amount of Analyst Coverage

    MYR Group has only been the subject of 4 research reports in the past 90 days.

  • Read more about MYR Group's stock forecast and price target.
  • Earnings Growth

    Earnings for MYR Group are expected to grow by 12.95% in the coming year, from $11.43 to $12.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MYR Group is 31.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MYR Group is 31.61, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 27.51.

  • Price to Book Value per Share Ratio

    MYR Group has a P/B Ratio of 6.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.13% of the float of MYR Group has been sold short.
  • Short Interest Ratio / Days to Cover

    MYR Group has a short interest ratio ("days to cover") of 3.05, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MYR Group has recently decreased by 7.53%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    MYR Group does not currently pay a dividend.

  • Dividend Growth

    MYR Group does not have a long track record of dividend growth.

  • News Sentiment

    MYR Group has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for MYR Group this week, compared to 4 articles on an average week.
  • MarketBeat Follows

    12 people have added MYR Group to their MarketBeat watchlist in the last 30 days. This is an increase of 1,100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MYR Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,173,603.00 in company stock.

  • Percentage Held by Insiders

    1.90% of the stock of MYR Group is held by insiders.

  • Percentage Held by Institutions

    88.90% of the stock of MYR Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MYR Group's insider trading history.
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MYRG Stock News Headlines

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MYR Group Inc. (MYRG) Q2 2026 Earnings Call Transcript
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MYRG Stock Analysis - Frequently Asked Questions

MYR Group's stock was trading at $218.50 at the start of the year. Since then, MYRG shares have increased by 52.5% and is now trading at $333.22.

MYR Group, Inc. (NASDAQ:MYRG) released its quarterly earnings data on Wednesday, July, 29th. The utilities provider reported $3.17 earnings per share for the quarter, beating the consensus estimate of $2.62 by $0.55. The firm's quarterly revenue was up 20.1% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of MYR Group: CSI Electrical Contractors Inc., Huen Electric Inc., Western Pacific Enterprises Ltd., High Country Line Construction Inc., E.S. Boulos Company, Great Southwestern Construction Inc., GSW Integrated Services LLC, and more.

MYR Group's top institutional shareholders include Assenagon Asset Management S.A. (0.05%), Handelsbanken Fonder AB (0.03%), GAMMA Investing LLC (0.01%) and Integral Investment Advisors Inc.. Insiders that own company stock include Richard S Jr Swartz, Kenneth Michael Hartwick, William Fry, Don A Egan and Donald CI Lucky.
View institutional ownership trends
.

Shares of MYRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that MYR Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), ServiceNow (NOW), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

Last Earnings
7/29/2026
Today
8/02/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Construction & Engineering
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:MYRG
CIK
700923
Employees
9,000
Year Founded
1995

Price Target and Rating

High Price Target
$564.00
Low Price Target
$296.00
Potential Upside/Downside
+27.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

EPS (Trailing Twelve Months)
$10.54
Trailing P/E Ratio
31.61
Forward P/E Ratio
29.15
P/E Growth
N/A
Net Income
$118.42 million
Net Margins
4.13%
Pretax Margin
5.55%
Return on Equity
24.17%
Return on Assets
9.96%

Debt

Debt-to-Equity Ratio
0.01
Current Ratio
1.40
Quick Ratio
1.31

Sales & Book Value

Annual Sales
$3.66 billion
Price / Sales
1.42
Cash Flow
$11.91 per share
Price / Cash Flow
27.97
Book Value
$48.46 per share
Price / Book
6.88

Miscellaneous

Outstanding Shares
15,570,000
Free Float
15,273,000
Market Cap
$5.19 billion
Optionable
Optionable
Beta
1.31

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This page (NASDAQ:MYRG) was last updated on 8/2/2026 by MarketBeat.com Staff.
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