NASDAQ:MYRG - MYR Group Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $35.07 +1.39 (+4.13 %) (As of 02/21/2019 09:03 AM ET)Previous Close$33.68Today's Range$33.85 - $35.2452-Week Range$26.24 - $40.81Volume58,992 shsAverage Volume31,857 shsMarket Capitalization$581.11 millionP/E Ratio43.30Dividend YieldN/ABeta0.54 ProfileDiscussionAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 and the renewable energy industries. Its services include construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems; and emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides services, such as design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting. This segment offers its services for airports, hospitals, data centers, hotels, stadiums, convention centers, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. It serves general contractors, commercial and industrial facility owners, local governments, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Rolling Meadows, Illinois. Receive MYRG News and Ratings via Email Sign-up to receive the latest news and ratings for MYRG and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Water, sewer, & utility lines Sub-IndustryConstruction & Engineering SectorUtilities Current SymbolNASDAQ:MYRG Previous Symbol CUSIP55405W10 Webwww.myrgroup.com Phone847-290-1891Debt Debt-to-Equity Ratio0.28 Current Ratio1.69 Quick Ratio1.69Price-To-Earnings Trailing P/E Ratio43.30 Forward P/E Ratio20.16 P/E GrowthN/A Sales & Book Value Annual Sales$1.40 billion Price / Sales0.41 Cash Flow$3.2837 per share Price / Cash Flow10.68 Book Value$17.44 per share Price / Book2.01Profitability EPS (Most Recent Fiscal Year)$0.81 Net Income$21.15 million Net Margins2.33% Return on Equity8.49% Return on Assets4.04%Miscellaneous Employees5,275 Outstanding Shares16,570,000Market Cap$581.11 million OptionableOptionable MYR Group (NASDAQ:MYRG) Frequently Asked Questions What is MYR Group's stock symbol? MYR Group trades on the NASDAQ under the ticker symbol "MYRG." How will MYR Group's stock buyback program work? MYR Group announced that its board has authorized a share buyback program on Thursday, August 3rd 2017, which permits the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued. How were MYR Group's earnings last quarter? MYR Group Inc (NASDAQ:MYRG) released its earnings results on Wednesday, October, 31st. The utilities provider reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.06. The utilities provider had revenue of $399.50 million for the quarter, compared to analyst estimates of $404.01 million. MYR Group had a return on equity of 8.49% and a net margin of 2.33%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business earned $0.31 EPS. View MYR Group's Earnings History. When is MYR Group's next earnings date? MYR Group is scheduled to release their next quarterly earnings announcement on Wednesday, March 6th 2019. View Earnings Estimates for MYR Group. What price target have analysts set for MYRG? 7 equities research analysts have issued 12 month price targets for MYR Group's stock. Their predictions range from $36.00 to $42.00. On average, they anticipate MYR Group's stock price to reach $39.50 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for MYR Group. What is the consensus analysts' recommendation for MYR Group? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MYR Group in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MYR Group. Has MYR Group been receiving favorable news coverage? Media stories about MYRG stock have trended somewhat negative on Thursday, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. MYR Group earned a news impact score of -1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. Who are some of MYR Group's key competitors? Some companies that are related to MYR Group include MasTec (MTZ), Dycom Industries (DY), Primoris Services (PRIM), Aegion (AEGN) and Preformed Line Products (PLPC). Who are MYR Group's key executives? MYR Group's management team includes the folowing people: Mr. Richard S. Swartz Jr., Pres & CEO (Age 55)Ms. Betty R. Johnson, Sr. VP, CFO & Treasurer (Age 61)Mr. William A. Koertner M.B.A., Director (Age 69)Mr. Gerald B. Engen Jr., Sr. VP (Age 68)Mr. Tod M. Cooper, Sr. VP & COO of Transmission and Distribution (Age 54) Who are MYR Group's major shareholders? MYR Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.93%), Victory Capital Management Inc. (9.39%), Macquarie Group Ltd. (8.27%), Investment Counselors of Maryland LLC (4.05%), Thomson Horstmann & Bryant Inc. (1.76%) and Bank of New York Mellon Corp (1.16%). Company insiders that own MYR Group stock include Gary Ronald Johnson, Gerald B Jr Engen, Jeffrey J Waneka, Kenneth Michael Hartwick, Tod M Cooper, William A Koertner and William Patterson. View Institutional Ownership Trends for MYR Group. Which institutional investors are selling MYR Group stock? MYRG stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, D. E. Shaw & Co. Inc., Thomson Horstmann & Bryant Inc., Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc., Two Sigma Advisers LP and ClariVest Asset Management LLC. Company insiders that have sold MYR Group company stock in the last year include Jeffrey J Waneka and William A Koertner. View Insider Buying and Selling for MYR Group. Which institutional investors are buying MYR Group stock? MYRG stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Macquarie Group Ltd., Municipal Employees Retirement System of Michigan, Bank of America Corp DE, Squarepoint Ops LLC, Investment Counselors of Maryland LLC, Geode Capital Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for MYR Group. How do I buy shares of MYR Group? Shares of MYRG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is MYR Group's stock price today? One share of MYRG stock can currently be purchased for approximately $35.07. How big of a company is MYR Group? MYR Group has a market capitalization of $581.11 million and generates $1.40 billion in revenue each year. The utilities provider earns $21.15 million in net income (profit) each year or $0.81 on an earnings per share basis. MYR Group employs 5,275 workers across the globe. What is MYR Group's official website? The official website for MYR Group is http://www.myrgroup.com. How can I contact MYR Group? MYR Group's mailing address is 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL, 60008. The utilities provider can be reached via phone at 847-290-1891 or via email at [email protected] MarketBeat Community Rating for MYR Group (NASDAQ MYRG)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 245 (Vote Outperform)Underperform Votes: 279 (Vote Underperform)Total Votes: 524MarketBeat's community ratings are surveys of what our community members think about MYR Group and other stocks. Vote "Outperform" if you believe MYRG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MYRG will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/21/2019 by MarketBeat.com StaffFeatured Article: How is a Moving Average Calculated?