About MYR Group
MYR Group Inc. is a holding company. The Company, through its subsidiaries, provides specialty electrical construction services. The Company performs construction services in two segments: Transmission and Distribution (T&D), and Commercial and Industrial (C&I). T&D customers include investor-owned utilities, cooperatives, private developers government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. The Company provides a range of services, which include design, engineering, procurement, construction, upgrade, maintenance and repair services, with a particular focus on construction, maintenance and repair. The Company also provides C&I electrical contracting services to general contractors, commercial and industrial facility owners, local governments and developers in the western and northeastern United States.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: General Contractors
- Sub-Industry: Construction & Engineering
- Exchange: NASDAQ
- Symbol: MYRG
- CUSIP: 55405W10
- Previous Close: $39.22
- 50 Day Moving Average: $38.41
- 200 Day Moving Average: $33.95
- 52-Week Range: $20.96 - $41.42
- Trailing P/E Ratio: 36.90
- Foreward P/E Ratio: 24.21
- P/E Growth: 4.72
- Market Cap: $630.03M
- Outstanding Shares: 16,064,000
- Beta: 0.53
- Net Margins: 1.82%
- Return on Equity: 6.91%
- Return on Assets: 3.90%
Companies Related to MYR Group:
- Debt-to-Equity Ratio: 0.15%
- Current Ratio: 1.44%
- Quick Ratio: 1.44%
What is MYR Group's stock symbol?
MYR Group trades on the NASDAQ under the ticker symbol "MYRG."
Where is MYR Group's stock going? Where will MYR Group's stock price be in 2017?
5 equities research analysts have issued 12 month price objectives for MYR Group's shares. Their predictions range from $29.00 to $45.00. On average, they expect MYR Group's share price to reach $33.60 in the next year.
When will MYR Group announce their earnings?
MYR Group is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.
What are analysts saying about MYR Group stock?
Here are some recent quotes from research analysts about MYR Group stock:
According to Zacks Investment Research, "MYR GROUP INC. is a holding Company of specialty construction service providers. Through subsidiaries dating back to 1891, MYR is one of the largest national contractors servicing the transmission and distribution sector of the United States electric utility industry. Transmission and distribution customers include electric utilities, cooperatives and municipalities. The Company also provides commercial and industrial electrical contracting services to facility owners and general contractors in the Western United States. MYR Group's comprehensive services include turn-key construction and maintenance services for the nation's electrical infrastructure. " (2/8/2017)
Robert W. Baird analysts commented, "We have long held that MYRG’s intrinsic valuation is substantially higher from that implied in public markets, a point made clear by the LBO of PIKE yesterday for 8.3x FTM EBITDA. While we typically try to avoid valuation-focused rating changes in E&Cs, we believe MYRG’s platform is attractive to both strategic and financial buyers, and over time should be better reflected in its stock." (3/23/2016)
Who owns MYR Group stock?
MYR Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (9.27%), Numeric Investors LLC (2.77%), State Street Corp (2.44%), AQR Capital Management LLC (1.82%), Renaissance Technologies LLC (1.48%) and Loomis Sayles & Co. L P (0.89%). Company insiders that own MYR Group stock include Gerald B Jr Engen, Henry W Fayne, Jack L Alexander, Larry F Altenbaumer, Richard S Jr Swartz, Tod M Cooper, William A Koertner and William H Green.
Who sold MYR Group stock? Who is selling MYR Group stock?
MYR Group's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, Guggenheim Capital LLC, Oxford Asset Management, Two Sigma Investments LP, Third Avenue Management LLC and Systematic Financial Management LP. Company insiders that have sold MYR Group stock in the last year include Gerald B Jr Engen, Henry W Fayne, Jack L Alexander, Larry F Altenbaumer, Richard S Jr Swartz, Tod M Cooper and William A Koertner.
Who bought MYR Group stock? Who is buying MYR Group stock?
MYR Group's stock was purchased by a variety of institutional investors in the last quarter, including Numeric Investors LLC, Russell Investments Group Ltd., AQR Capital Management LLC, Renaissance Technologies LLC, Bogle Investment Management L P DE, O Shaughnessy Asset Management LLC, Martingale Asset Management L P and A.R.T. Advisors LLC.
How do I buy MYR Group stock?
Shares of MYR Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MYR Group stock cost?
One share of MYR Group stock can currently be purchased for approximately $39.22.