MYR Group (MYRG) Stock Price, News & Analysis

Company Overview

MYR Group Inc. (NASDAQ: MYRG) is a holding company that provides specialized electrical construction and infrastructure services in the United States and Canada. Through its operating subsidiaries, the company serves utilities, renewable energy developers, commercial and industrial businesses, government entities and other customers.

Its utility infrastructure operations focus on the construction, maintenance and repair of electric transmission and distribution systems, substations, storm restoration projects and other power-delivery infrastructure. MYR Group also provides engineering, procurement and construction services for renewable energy and other energy-related projects, including solar and battery storage facilities.

The company’s commercial and industrial segment performs electrical contracting and related services for data centers, manufacturing facilities, transportation infrastructure, hospitals, educational institutions, airports and other large-scale projects. Services may include electrical installation, communications and networking systems, transportation signaling, lighting and ongoing maintenance.

MYR Group traces its history to 1891 and operates through a portfolio of regional specialty contractors, including The L.E. Myers Co., Harlan Electric, Sturgeon Electric, Great Southwestern Construction, E.S. Boulos and Huen Electric. Its operating companies support projects across much of the United States and in parts of Canada, with expertise spanning utility, commercial, industrial and renewable energy markets.

Key Stats

• Today's Range: $286.11 to $291.37
• 50-Day Range: $271.29 to $419.04
• 52-Week Range: $182.73 to $503.57
• Volume: 83,466 shs
• Average Volume: 281,088 shs
• Market Capitalization: $4.50 billion
• P/E Ratio: 27.45
• Dividend Yield: N/A
• Price Target: $451.20
• Consensus Rating: Moderate Buy

MYR Group Stock Analysis - MarketRank™

MYR Group scored higher than 81% of companies evaluated by MarketBeat, and ranked 261st out of 656 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MYR Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 2 strong buy ratings, 2 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

MYR Group has a consensus price target of $451.20, representing about 56.1% upside from its current price of $289.00.

Amount of Analyst Coverage

MYR Group has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.87%

Earnings Growth

Earnings for MYR Group are expected to grow by 12.87% in the coming year, from $12.43 to $14.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MYR Group is 27.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of MYR Group is 27.49, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.67.

Price to Book Value per Share Ratio

MYR Group has a P/B Ratio of 6.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.40% 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 2.35, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MYR Group has recently increased by 1.80%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.82

News Sentiment

MYR Group has a news sentiment score of 0.82. 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 0.54 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for MYR Group this week, compared to 4 articles on an average week.

Search Interest

Only 5 people have searched for MYRG on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

MarketBeat Follows

7 people have added MYR Group to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MYR Group insiders have not sold or bought any 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.

Company Calendar

• Last Earnings: 7/29/2026
• Today: 9/22/2026
• Next Earnings (Estimated): 10/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Construction & Engineering
• Sub-Industry: Construction & Engineering
• Current Symbol: NASDAQ:MYRG
• CIK: 700923
• Web: www.myrgroup.com
• Phone: (303) 286-8000
• Fax: 847-290-1892
• Employees: 9,000
• Year Founded: 1995

Price Target and Rating

• Average Price Target for MYR Group: $451.20
• High Price Target: $564.00
• Low Price Target: $375.00
• Potential Upside/Downside: +57.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.54
• Trailing P/E Ratio: 27.18
• Forward P/E Ratio: 23.07
• 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: 1.40

Sales & Book Value

• Annual Sales: $3.66 billion
• Price / Sales: 1.22
• Cash Flow: $12.23 per share
• Price / Cash Flow: 23.44
• Book Value: $42.54 per share
• Price / Book: 6.74

Miscellaneous

• Outstanding Shares: 15,570,000
• Free Float: 15,273,000
• Market Cap: $4.46 billion
• Optionable: Optionable
• Beta: 1.31