MYR Group Company Profile (NASDAQ:MYRG)

About MYR Group (NASDAQ:MYRG)

MYR Group logoMYR 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). The Company 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 and western Canada. The Company's T&D segment serves the T&D sector of the electric utility industry. The Company provides a range of services on electric transmission and distribution networks and substation facilities, such as design, engineering, procurement, construction and upgrade. The Company's C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway and tunnel lighting.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: General Contractors
  • Sub-Industry: Construction & Engineering
  • Symbol: NASDAQ:MYRG
  • CUSIP: 55405W10
  • Web: www.myrgroup.com
Capitalization:
  • Market Cap: $488.95 million
  • Outstanding Shares: 16,474,000
Average Prices:
  • 50 Day Moving Avg: $36.19
  • 200 Day Moving Avg: $37.89
  • 52 Week Range: $21.84 - $43.77
P/E:
  • Trailing P/E Ratio: 23.94
  • Foreward P/E Ratio: 17.16
  • P/E Growth: 3.04
Sales & Book Value:
  • Annual Revenue: $1.19 billion
  • Price / Sales: 0.41
  • Book Value: $16.02 per share
  • Price / Book: 1.85
Profitability:
  • EBIDTA: $73.33 million
  • Net Margins: 1.82%
  • Return on Equity: 6.91%
  • Return on Assets: 3.90%
Debt:
  • Debt-to-Equity Ratio: 0.15%
  • Current Ratio: 1.44%
  • Quick Ratio: 1.44%
Misc:
  • Average Volume: 114,406 shs.
  • Beta: 0.53
  • Short Ratio: 1.82
 

Frequently Asked Questions for MYR Group (NASDAQ:MYRG)

What is MYR Group's stock symbol?

MYR Group trades on the NASDAQ under the ticker symbol "MYRG."

How were MYR Group's earnings last quarter?

MYR Group Inc (NASDAQ:MYRG) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.29 by $0.22. The business had revenue of $300.13 million for the quarter, compared to the consensus estimate of $300.97 million. MYR Group had a return on equity of 6.91% and a net margin of 1.82%. View MYR Group's Earnings History.

Where is MYR Group's stock going? Where will MYR Group's stock price be in 2017?

5 equities research analysts have issued 1-year target prices for MYR Group's shares. Their forecasts range from $30.00 to $41.00. On average, they anticipate MYR Group's stock price to reach $35.50 in the next year. View Analyst Ratings for MYR Group.

Who are some of MYR Group's key competitors?

Who owns MYR Group stock?

MYR Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.61%), Vanguard Group Inc. (5.36%), Macquarie Group Ltd. (4.16%), JPMorgan Chase & Co. (3.77%), Investment Counselors of Maryland LLC (3.75%) and State Street Corp (2.53%). Company insiders that own MYR Group stock include Gary Ronald Johnson, 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. View Institutional Ownership Trends for MYR Group.

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 Dimensional Fund Advisors LP, Russell Investments Group Ltd., Bogle Investment Management L P DE, Loomis Sayles & Co. L P, Renaissance Technologies LLC, Goldman Sachs Group Inc., Alliancebernstein L.P. and Oxford Asset Management. Company insiders that have sold MYR Group stock in the last year include Gary Ronald Johnson, Gerald B Jr Engen, Henry W Fayne, Jack L Alexander, Richard S Jr Swartz, Tod M Cooper and William A Koertner. View Insider Buying and Selling for MYR Group.

Who bought MYR Group stock? Who is buying MYR Group stock?

MYR Group's stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Macquarie Group Ltd., First Trust Advisors LP, Nordea Investment Management AB, Vanguard Group Inc., AQR Capital Management LLC, Fisher Asset Management LLC and Teachers Advisors LLC. View Insider Buying and Selling for MYR Group.

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 $29.68.

Analyst Ratings

Consensus Ratings for MYR Group (NASDAQ:MYRG) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $35.50 (19.61% upside)

Analysts' Ratings History for MYR Group (NASDAQ:MYRG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017FBR & CoReiterated RatingOutperform -> Outperform$45.00 -> $37.00MediumView Rating Details
5/15/2017Robert W. BairdUpgradeNeutral -> Outperform$41.00MediumView Rating Details
11/18/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
11/3/2016Canaccord GenuityReiterated RatingBuy$34.00N/AView Rating Details
8/5/2016Maxim GroupBoost Price TargetBuy$28.00 -> $30.00N/AView Rating Details
1/5/2016Stifel NicolausReiterated RatingHoldN/AView Rating Details
11/9/2015DA DavidsonReiterated RatingNeutral$23.00N/AView Rating Details
10/2/2015BB&T Co.DowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for MYR Group (NASDAQ:MYRG)
Earnings by Quarter for MYR Group (NASDAQ:MYRG)
Earnings History by Quarter for MYR Group (NASDAQ:MYRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.29$0.07$300.97 million$300.13 millionViewListenView Earnings Details
3/9/2017Q4 2016$0.40$0.48$291.69 million$343.70 millionViewListenView Earnings Details
11/2/2016Q316$0.38$0.38$275.13 million$283.30 millionViewN/AView Earnings Details
8/3/2016Q2$0.33$0.31$279.96 million$261.90 millionViewN/AView Earnings Details
5/4/2016Q116$0.28$0.10$262.48 million$253.63 millionViewN/AView Earnings Details
3/3/2016Q415$0.31$0.29$273.65 million$271.20 millionViewN/AView Earnings Details
11/4/2015Q3$0.42$0.29$279.90 million$269.90 millionViewN/AView Earnings Details
8/5/2015Q215$0.40$0.38$261.04 million$276.50 millionViewN/AView Earnings Details
5/6/2015Q115$0.30$0.34$221.50 million$244.10 millionViewN/AView Earnings Details
3/11/2015Q414$0.37$0.66$246.62 million$251.00 millionViewN/AView Earnings Details
11/5/2014Q314$0.38$0.39$235.30 million$248.50 millionViewN/AView Earnings Details
8/6/2014Q214$0.41$0.36$228.90 million$228.90 millionViewListenView Earnings Details
5/7/2014Q114$0.33$0.29$207.49 million$215.64 millionViewListenView Earnings Details
3/5/2014Q413$0.40$0.46$227.46 million$254.60 millionViewListenView Earnings Details
11/6/2013Q313$0.45$0.45$229.02 million$232.89 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.44$0.44$233.24 million$214.00 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.35$0.32$245.51 million$201.34 millionViewN/AView Earnings Details
3/6/2013Q4 2012$0.42$0.46$259.01 million$247.80 millionViewN/AView Earnings Details
11/7/2012Q312$0.44$0.41$259.45 million$250.60 millionViewN/AView Earnings Details
8/7/2012$0.33$0.45ViewN/AView Earnings Details
5/9/2012$0.22$0.29ViewN/AView Earnings Details
3/7/2012$0.26$0.28ViewN/AView Earnings Details
8/9/2011$0.19$0.18ViewN/AView Earnings Details
5/9/2011$0.16$0.21ViewN/AView Earnings Details
3/8/2011$0.18$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MYR Group (NASDAQ:MYRG)
2017 EPS Consensus Estimate: $1.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.24$0.29$0.27
Q2 20173$0.30$0.42$0.34
Q3 20173$0.39$0.52$0.47
Q4 20173$0.37$0.45$0.42
(Data provided by Zacks Investment Research)

Dividends

Dividend History for MYR Group (NASDAQ:MYRG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for MYR Group (NASDAQ:MYRG)
Insider Ownership Percentage: 10.40%
Institutional Ownership Percentage: 92.99%
Insider Trades by Quarter for MYR Group (NASDAQ:MYRG)
Institutional Ownership by Quarter for MYR Group (NASDAQ:MYRG)
Insider Trades by Quarter for MYR Group (NASDAQ:MYRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/14/2017Gary Ronald JohnsonDirectorSell8,000$40.12$320,960.00View SEC Filing  
3/14/2017Gerald B Jr. EngenVPSell19,853$40.41$802,259.73View SEC Filing  
3/14/2017Tod M CooperCOOSell8,412$38.95$327,647.40View SEC Filing  
12/6/2016Gerald B Jr. EngenVPSell15,812$38.00$600,856.00View SEC Filing  
12/6/2016William A KoertnerChairmanSell8,679$38.01$329,888.79View SEC Filing  
12/5/2016Richard S Jr. SwartzCOOSell21,437$38.01$814,820.37View SEC Filing  
12/5/2016William A KoertnerChairmanSell10,000$38.15$381,500.00View SEC Filing  
12/1/2016William A KoertnerChairmanSell10,000$38.02$380,200.00View SEC Filing  
11/29/2016Henry W FayneDirectorSell2,760$38.17$105,349.20View SEC Filing  
11/14/2016Jack L AlexanderDirectorSell8,000$36.06$288,480.00View SEC Filing  
11/10/2016Richard S Jr. SwartzCOOSell32,000$33.70$1,078,400.00View SEC Filing  
11/10/2016William A KoertnerChairmanSell50,000$33.10$1,655,000.00View SEC Filing  
11/9/2016Gerald B Jr. EngenVPSell32,000$32.53$1,040,960.00View SEC Filing  
11/3/2016William A KoertnerChairmanSell10,000$31.00$310,000.00View SEC Filing  
9/28/2016William A KoertnerChairmanSell10,000$30.00$300,000.00View SEC Filing  
9/22/2016William A KoertnerChairmanSell10,000$29.50$295,000.00View SEC Filing  
9/20/2016William A KoertnerChairmanSell30,000$28.58$857,400.00View SEC Filing  
8/18/2016Tod M CooperInsiderSell9,212$28.75$264,845.00View SEC Filing  
5/10/2016Larry F AltenbaumerDirectorSell8,000$23.97$191,760.00View SEC Filing  
9/11/2015William H GreenVPSell32,000$27.02$864,640.00View SEC Filing  
8/13/2015William H GreenVPSell11,000$29.25$321,750.00View SEC Filing  
3/26/2015William A KoertnerCEOSell19,732$32.00$631,424.00View SEC Filing  
3/25/2015William A KoertnerCEOSell15,000$31.00$465,000.00View SEC Filing  
3/23/2015William A KoertnerCEOSell15,000$30.00$450,000.00View SEC Filing  
12/11/2014John A FlussVPSell2,698$26.03$70,228.94View SEC Filing  
11/10/2014Richard S Jr. SwartzCOOSell11,265$27.50$309,787.50View SEC Filing  
8/14/2014Paul J EvansCFOBuy1,000$23.15$23,150.00View SEC Filing  
8/11/2014Maurice E MooreDirectorBuy2,000$23.37$46,740.00View SEC Filing  
7/3/2014William A KoertnerCEOSell10,000$27.00$270,000.00View SEC Filing  
5/13/2014William KoertnerCEOSell20,000$25.78$515,600.00View SEC Filing  
4/11/2014William KoertnerCEOSell10,000$24.02$240,200.00View SEC Filing  
11/29/2013Gregory WolfCAOSell5,000$25.61$128,050.00View SEC Filing  
10/18/2013William A KoertnerCEOSell10,000$26.00$260,000.00View SEC Filing  
10/11/2013William KoertnerCEOSell10,000$25.00$250,000.00View SEC Filing  
9/11/2013William KoertnerCEOSell10,000$24.50$245,000.00View SEC Filing  
9/9/2013William A KoertnerCEOSell20,000$23.25$465,000.00View SEC Filing  
8/26/2013Tod CooperSVPSell1,810$22.38$40,507.80View SEC Filing  
8/26/2013William GreenVPSell22,301$22.44$500,434.44View SEC Filing  
8/8/2013William KoertnerCEOSell10,000$22.50$225,000.00View SEC Filing  
7/22/2013William A KoertnerCEOSell30,000$21.50$645,000.00View SEC Filing  
7/11/2013William A KoertnerCEOSell9,900$20.09$198,891.00View SEC Filing  
12/4/2012William H GreenVPSell5,000$22.00$110,000.00View SEC Filing  
10/5/2012William A KoertnerCEOSell20,000$21.49$429,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MYR Group (NASDAQ:MYRG)
Latest Headlines for MYR Group (NASDAQ:MYRG)
Source:
DateHeadline
americanbankingnews.com logoMYR Group Inc (MYRG) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 22 at 2:17 PM
americanbankingnews.com logoZacks Investment Research Downgrades MYR Group Inc (MYRG) to Strong Sell
www.americanbankingnews.com - May 18 at 11:34 PM
americanbankingnews.com logoFBR & Co Analysts Cut Earnings Estimates for MYR Group Inc (MYRG)
www.americanbankingnews.com - May 18 at 10:38 AM
americanbankingnews.com logoMYR Group Inc to Post Q2 2017 Earnings of $0.30 Per Share, FBR & Co Forecasts (MYRG)
www.americanbankingnews.com - May 17 at 7:52 AM
americanbankingnews.com logoMYR Group Inc (MYRG) Price Target Cut to $37.00 by Analysts at FBR & Co
www.americanbankingnews.com - May 16 at 7:42 AM
americanbankingnews.com logo$316.96 Million in Sales Expected for MYR Group Inc (MYRG) This Quarter
www.americanbankingnews.com - May 14 at 9:44 AM
americanbankingnews.com logo Brokerages Anticipate MYR Group Inc (MYRG) Will Announce Earnings of $0.40 Per Share
www.americanbankingnews.com - May 12 at 12:30 PM
americanbankingnews.com logoZacks Investment Research Lowers MYR Group Inc (MYRG) to Hold
www.americanbankingnews.com - May 9 at 7:14 AM
finance.yahoo.com logoMYR Group, Inc. – Value Analysis (NASDAQ:MYRG) : May 8, 2017
finance.yahoo.com - May 8 at 6:13 PM
americanbankingnews.com logoMYR Group Inc Forecasted to Post Q2 2017 Earnings of $0.30 Per Share (MYRG)
www.americanbankingnews.com - May 8 at 8:15 AM
americanbankingnews.com logoRobert W. Baird Upgrades MYR Group Inc (MYRG) to Outperform
www.americanbankingnews.com - May 6 at 4:32 PM
feeds.benzinga.com logoMYR Group Shares Offer A Good Business At A Good Price
feeds.benzinga.com - May 5 at 12:20 PM
finance.yahoo.com logoEdited Transcript of MYRG earnings conference call or presentation 4-May-17 2:00pm GMT
finance.yahoo.com - May 5 at 9:22 AM
finance.yahoo.com logoMYR Group, Inc. breached its 50 day moving average in a Bearish Manner : MYRG-US : May 5, 2017
finance.yahoo.com - May 5 at 9:22 AM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for May 4
www.bloomberg.com - May 4 at 11:50 PM
finance.yahoo.com logoWhy MYR Group Inc.'s Shares Plunged 20% Today
finance.yahoo.com - May 4 at 6:48 PM
fool.com logoWhy MYR Group Inc.'s Shares Plunged 20% Today
www.fool.com - May 4 at 3:45 PM
finance.yahoo.com logoInvestor Network: MYR Group Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 11:28 AM
finance.yahoo.com logoMYR Group Inc. Announces First-Quarter 2017 Results
finance.yahoo.com - May 3 at 5:45 PM
finance.yahoo.com logoMYR misses Street 1Q forecasts
finance.yahoo.com - May 3 at 5:45 PM
americanbankingnews.com logoMYR Group (MYRG) Receiving Very Positive Media Coverage, Report Shows
www.americanbankingnews.com - May 3 at 11:52 AM
americanbankingnews.com logoFavorable Media Coverage Likely to Affect MYR Group (MYRG) Share Price
www.americanbankingnews.com - April 29 at 9:14 PM
finance.yahoo.com logoMYR Group Inc. Announces First-Quarter 2017 Earnings Release and Conference Call Schedule
finance.yahoo.com - April 26 at 6:34 PM
americanbankingnews.com logoMYR Group Inc (MYRG) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - April 25 at 2:51 PM
americanbankingnews.com logoMYR Group (MYRG) Earns Daily Media Impact Score of 0.22
www.americanbankingnews.com - April 25 at 1:52 PM
americanbankingnews.com logoMYR Group Inc (MYRG) Expected to Post Quarterly Sales of $300.97 Million
www.americanbankingnews.com - April 23 at 8:24 AM
americanbankingnews.com logoFavorable Media Coverage Somewhat Likely to Affect MYR Group (MYRG) Stock Price
www.americanbankingnews.com - April 22 at 12:31 PM
americanbankingnews.com logoMYR Group Inc (MYRG) Expected to Announce Earnings of $0.28 Per Share
www.americanbankingnews.com - April 21 at 7:31 PM
americanbankingnews.com logoShort Interest in MYR Group Inc (MYRG) Rises By 8.9%
www.americanbankingnews.com - April 19 at 6:56 PM
americanbankingnews.com logoMYR Group (MYRG) Given Media Impact Rating of 0.36
www.americanbankingnews.com - April 18 at 2:00 PM
americanbankingnews.com logoMYR Group (MYRG) Given News Impact Rating of 0.53
www.americanbankingnews.com - April 14 at 11:18 AM
finance.yahoo.com logoMYR Group (MYRG): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - April 3 at 9:55 AM
capitalcube.com logoMYR Group, Inc. :MYRG-US: Earnings Analysis: Q4, 2016 By the Numbers : March 17, 2017
us.rd.yahoo.com - March 17 at 6:53 PM
americanbankingnews.com logoGerald B. Jr. Engen Sells 19,853 Shares of MYR Group Inc (MYRG) Stock
www.americanbankingnews.com - March 15 at 7:45 PM
americanbankingnews.com logoInsider Selling: MYR Group Inc (MYRG) COO Sells 8,412 Shares of Stock
www.americanbankingnews.com - March 15 at 7:45 PM
americanbankingnews.com logoGary Ronald Johnson Sells 8,000 Shares of MYR Group Inc (MYRG) Stock
www.americanbankingnews.com - March 15 at 7:45 PM
capitalcube.com logoMYR Group, Inc. :MYRG-US: Earnings Analysis: 2016 By the Numbers : March 15, 2017
us.rd.yahoo.com - March 15 at 6:54 PM
americanbankingnews.com logoMYR Group Inc Expected to Earn Q1 2017 Earnings of $0.29 Per Share (MYRG)
www.americanbankingnews.com - March 15 at 10:11 AM
americanbankingnews.com logoFBR & Co Comments on MYR Group Inc’s Q1 2017 Earnings (MYRG)
www.americanbankingnews.com - March 15 at 10:11 AM
americanbankingnews.com logoMYR Group Inc (MYRG) Upgraded to “Hold” by Zacks Investment Research
www.americanbankingnews.com - March 11 at 10:27 PM
finance.yahoo.com logoEdited Transcript of MYRG earnings conference call or presentation 10-Mar-17 3:00pm GMT
finance.yahoo.com - March 11 at 1:06 AM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
us.rd.yahoo.com - March 9 at 11:34 PM
us.rd.yahoo.com logoMYR Group Inc. Announces Fourth-Quarter and Full-Year 2016 Results
us.rd.yahoo.com - March 9 at 11:34 PM
biz.yahoo.com logoQ4 2016 MYR Group Inc Earnings Release - After Market Close
biz.yahoo.com - March 9 at 8:31 AM
finance.yahoo.com logoShould You Buy MYR Group (MYRG) Ahead of Earnings?
finance.yahoo.com - March 8 at 9:44 AM
finance.yahoo.com logoMYR Group Inc. Announces Fourth-Quarter 2016 Earnings Release and Conference Call Schedule
finance.yahoo.com - March 2 at 6:56 PM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitive A
biz.yahoo.com - February 8 at 7:36 PM
us.rd.yahoo.com logoMYR Group Inc. Announces Resignation of John P. Schauerman from Board of Directors
us.rd.yahoo.com - November 30 at 11:31 AM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
us.rd.yahoo.com - November 30 at 11:31 AM
us.rd.yahoo.com logo4:05 pm MYR Group announces that effective November 23 John P. Schauerman has resigned from the co's Board of Directors to pursue other business opportunities
us.rd.yahoo.com - November 30 at 11:31 AM

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MYR Group (MYRG) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff