MYR Group (MYRG) to Release Quarterly Earnings on Wednesday

Key Points

• MYR Group is set to release its Q3 2025 earnings report on October 29, with analysts predicting earnings of $1.92 per share and revenue of approximately $931.7 million.
• The company reported a net margin of 2.21% and a return on equity of 13.16% in the last quarter, with revenue growth of 8.6% year-over-year.
• Analysts have mixed views on MYR Group's stock, with a consensus rating of "Hold" and a current average price target of $194.50.

MYR Group (NASDAQ:MYRG - Get Free Report) is anticipated to release its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect MYR Group to post earnings of $1.92 per share and revenue of $931.7160 million for the quarter. Interested persons may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 30, 2025 at 10:00 AM ET.

MYR Group (NASDAQ:MYRG - Get Free Report) last announced its earnings results on Wednesday, July 30th. The utilities provider reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.14. MYR Group had a net margin of 2.21% and a return on equity of 13.16%. The company had revenue of $900.33 million for the quarter, compared to analysts' expectations of $828.20 million. During the same quarter in the previous year, the company posted ($0.91) EPS. The firm's quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts expect MYR Group to post $1 EPS for the current fiscal year and $6 EPS for the next fiscal year.

MYR Group Trading Down 0.2%

Shares of MYRG opened at $209.06 on Wednesday. MYR Group has a 52-week low of $97.72 and a 52-week high of $220.01. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.14. The firm's fifty day moving average is $190.53 and its two-hundred day moving average is $171.52. The stock has a market cap of $3.24 billion, a PE ratio of 43.65 and a beta of 1.19.

Analyst Ratings Changes

Several research analysts have recently weighed in on MYRG shares. KeyCorp reissued a "sector weight" rating on shares of MYR Group in a research report on Wednesday, October 1st. Jefferies Financial Group started coverage on shares of MYR Group in a research report on Friday, August 15th. They issued a "hold" rating and a $202.00 target price on the stock. The Goldman Sachs Group upped their target price on shares of MYR Group from $168.00 to $205.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of MYR Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of MYR Group from a "strong-buy" rating to a "buy" rating in a research report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $194.50.

Institutional Trading of MYR Group

Large investors have recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in MYR Group in the second quarter valued at approximately $144,000. Evergreen Capital Management LLC acquired a new position in MYR Group in the second quarter valued at approximately $203,000. Cetera Investment Advisers acquired a new position in MYR Group in the second quarter valued at approximately $221,000. FORA Capital LLC acquired a new position in MYR Group in the second quarter valued at approximately $229,000. Finally, Occudo Quantitative Strategies LP acquired a new position in MYR Group in the second quarter valued at approximately $242,000. 88.90% of the stock is currently owned by hedge funds and other institutional investors.

About MYR Group

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 utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages.

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