MYR Group Company Profile (NASDAQ:MYRG)

About MYR Group

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). 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
Key Metrics:
  • Previous Close: $29.29
  • 50 Day Moving Average: $28.71
  • 200 Day Moving Average: $25.62
  • 52-Week Range: $16,053,000.00 - $17.77
  • Trailing P/E Ratio: 29.59
  • Foreward P/E Ratio: 19.66
  • P/E Growth: 3.73
  • Market Cap: $470.19M
  • Outstanding Shares: 16,053,000
  • Beta: 0.67
Profitability:
  • Net Margins: 1.85%
  • Return on Equity: 6.40%
  • Return on Assets: 3.79%
Debt:
  • Debt-to-Equity Ratio: 0.10%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.36%
Additional Links:
Companies Related to MYR Group:

Analyst Ratings

Consensus Ratings for MYR Group (NASDAQ:MYRG) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $28.50 (2.70% downside)

Analysts' Ratings History for MYR Group (NASDAQ:MYRG)
Show:
DateFirmActionRatingPrice TargetDetails
8/12/2016Robert W. BairdDowngradeOutperform -> Neutral$27.00 -> $30.00View Rating Details
8/7/2016Canaccord GenuityReiterated RatingBuy$32.00View Rating Details
8/5/2016Maxim GroupBoost Price TargetBuy$28.00 -> $30.00View Rating Details
5/10/2016FBR & CoReiterated RatingHoldView Rating Details
3/24/2016Avondale PartnersReiterated RatingOutperform$29.00View Rating Details
1/5/2016Stifel NicolausReiterated RatingHoldView Rating Details
11/9/2015DA DavidsonReiterated RatingNeutral$23.00View Rating Details
10/2/2015BB&T Corp.DowngradeBuy -> HoldView Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for MYR Group (NASDAQ:MYRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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$0.41$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$0.32$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)
Current Year EPS Consensus Estimate: $1.14 EPS
Next Year EPS Consensus Estimate: $1.49 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.25$0.30$0.28
Q2 20165$0.28$0.40$0.34
Q3 20164$0.35$0.43$0.39
Q4 20164$0.30$0.42$0.36
(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 History for MYR Group (NASDAQ:MYRG)
Insider Ownership Percentage: 10.40%
Institutional Ownership Percentage: 90.39%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for MYR Group (NASDAQ:MYRG)
DateHeadline
4-traders.com logoMYR Group Inc. : Awarded Contract with Cross Texas Transmission to Construct Approximately 68 Miles of 345kV Transmission Line (NASDAQ:MYRG)
www.4-traders.com - September 21 at 5:57 PM
publicnow.com logoMYR Group Inc. Awarded Contract with Cross Texas Transmission to Construct Approximately 68 Miles of 345kV Transmission Line (NASDAQ:MYRG)
www.publicnow.com - September 19 at 6:20 PM
News IconInvestor News: MYR Group Inc (NASDAQ:MYRG) under Investigation over possible Wrongdoing (NASDAQ:MYRG)
www.groundreport.com - September 17 at 5:54 PM
sbwire.com logoInvestor Investigation over Potential Wrongdoing at MYR Group Inc (NASDAQ:MYRG) (NASDAQ:MYRG)
www.sbwire.com - September 1 at 6:15 PM
publicnow.com logoMYR Group Inc. Announces Promotion of COO Richard Swartz to Executive Vice President (NASDAQ:MYRG)
www.publicnow.com - September 1 at 6:15 PM
capitalcube.com logoETF’s with exposure to MYR Group, Inc. : August 31, 2016 (NASDAQ:MYRG)
www.capitalcube.com - September 1 at 9:29 AM
News IconZhejiang Longsheng Group Co.,Ltd (600352) - Financial and Strategic SWOT Analysis Review (NASDAQ:MYRG)
reports.pr-inside.com - August 17 at 9:29 AM
tmcnet.com logoMYR GROUP (MYRG) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating MYR Group Inc. For Potential Breaches of Fiduciary Duty (NASDAQ:MYRG)
www.tmcnet.com - August 17 at 9:29 AM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:MYRG)
biz.yahoo.com - August 16 at 6:31 PM
News IconNew Market Report: PTGi Holding, Inc. (HCHC) - Financial and Strategic SWOT Analysis Review (NASDAQ:MYRG)
reports.pr-inside.com - August 16 at 9:39 AM
4-traders.com logoMYR : MYRG) Andrews & Springer LLC Is Investigating MYR Group Inc. For Potential Breaches of Fiduciary Duty (NASDAQ:MYRG)
www.4-traders.com - August 15 at 8:34 AM
finance.yahoo.com logoMYR GROUP (MYRG) SHAREHOLDER ALERT – Andrews & Springer LLC Is Investigating MYR Group Inc. For Potential Breaches of Fiduciary Duty (NASDAQ:MYRG)
finance.yahoo.com - August 15 at 8:34 AM
capitalcube.com logoMYR Group, Inc. :MYRG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NASDAQ:MYRG)
www.capitalcube.com - August 10 at 6:48 PM
finance.yahoo.com logoEdited Transcript of MYRG earnings conference call or presentation 4-Aug-16 2:00pm GMT (NASDAQ:MYRG)
finance.yahoo.com - August 5 at 6:33 PM
sg.finance.yahoo.com logoMYR misses Street 2Q forecasts (NASDAQ:MYRG)
sg.finance.yahoo.com - August 3 at 6:42 PM
biz.yahoo.com logoQ2 2016 MYR Group Inc Earnings Release - After Market Close (NASDAQ:MYRG)
biz.yahoo.com - August 3 at 9:39 AM
publicnow.com logoMYR Group Inc. Announces Second-Quarter 2016 Earnings Release and Conference Call Schedule (NASDAQ:MYRG)
www.publicnow.com - July 27 at 4:08 PM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat (NASDAQ:MYRG)
biz.yahoo.com - July 7 at 4:39 PM
capitalcube.com logoMYR Group, Inc. breached its 50 day moving average in a Bullish Manner : MYRG-US : July 5, 2016 (NASDAQ:MYRG)
www.capitalcube.com - July 5 at 8:07 AM
capitalcube.com logoMYR Group, Inc. breached its 50 day moving average in a Bullish Manner : MYRG-US : June 24, 2016 (NASDAQ:MYRG)
www.capitalcube.com - June 24 at 9:03 AM
capitalcube.com logoETF’s with exposure to MYR Group, Inc. : June 23, 2016 (NASDAQ:MYRG)
www.capitalcube.com - June 23 at 1:46 PM
capitalcube.com logoMYR Group, Inc. :MYRG-US: Earnings Analysis: Q1, 2016 By the Numbers : June 7, 2016 (NASDAQ:MYRG)
www.capitalcube.com - June 7 at 11:30 AM
capitalcube.com logoMYR Group, Inc. breached its 50 day moving average in a Bullish Manner : MYRG-US : June 7, 2016 (NASDAQ:MYRG)
www.capitalcube.com - June 7 at 8:17 AM
capitalcube.com logoMYR Group, Inc. breached its 50 day moving average in a Bearish Manner : MYRG-US : May 6, 2016 (NASDAQ:MYRG)
www.capitalcube.com - May 6 at 8:52 AM
thestreet.com logoMYR Group (MYRG) Shares Cross Below 200 DMA (NASDAQ:MYRG)
www.thestreet.com - May 5 at 7:13 PM
biz.yahoo.com logoQ1 2016 MYR Group Inc Earnings Release - Before Market Open (NASDAQ:MYRG)
biz.yahoo.com - May 5 at 7:07 AM
sg.finance.yahoo.com logoMYR misses Street 1Q forecasts (NASDAQ:MYRG)
sg.finance.yahoo.com - May 4 at 5:46 PM
publicnow.com logoMYR Group Inc. Announces First-Quarter 2016 Results (NASDAQ:MYRG)
www.publicnow.com - May 4 at 4:20 PM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: MYR Group, Coty, Kellogg, HCA Holdings and Emergent BioSolutions (NASDAQ:MYRG)
finance.yahoo.com - May 2 at 9:30 AM
4-traders.com logoMYR : Announces Appointment of New Board Member (NASDAQ:MYRG)
www.4-traders.com - April 30 at 6:49 PM
publicnow.com logoMyr Group Announces Appointment of New Board Member (NASDAQ:MYRG)
www.publicnow.com - April 29 at 3:30 PM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Secu (NASDAQ:MYRG)
biz.yahoo.com - April 29 at 3:15 PM
finance.yahoo.com logo5 Sturdy Stocks to Play Weakest Growth in 2 Years (NASDAQ:MYRG)
finance.yahoo.com - April 29 at 9:56 AM
publicnow.com logoMYR Group Inc. Announces First-Quarter 2016 Earnings Release and Conference Call Schedule (NASDAQ:MYRG)
www.publicnow.com - April 27 at 4:27 PM
finance.yahoo.com logoCoverage initiated on MYR Group by Canaccord Genuity (NASDAQ:MYRG)
finance.yahoo.com - April 12 at 8:31 AM
fidaily.com logoCanaccord Genuity Begins Coverage on MYR Group, Inc. ( MYRG ) Setting A Rating Of “Buy” (NASDAQ:MYRG)
www.fidaily.com - April 11 at 7:01 PM
capitalcube.com logoMYR Group, Inc. :MYRG-US: Earnings Analysis: 2015 By the Numbers (NASDAQ:MYRG)
www.capitalcube.com - April 6 at 9:34 AM
thestreet.com logoMYR Group Breaks Below 200-Day Moving Average - Notable for MYRG (NASDAQ:MYRG)
www.thestreet.com - April 5 at 7:02 PM
benzinga.com logoNo More Proxy Fight For MYR Group (NASDAQ:MYRG)
www.benzinga.com - March 23 at 12:04 PM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal Offic (NASDAQ:MYRG)
biz.yahoo.com - March 23 at 6:06 AM
publicnow.com logoMYR Group Announces Agreement With Engine Capital (NASDAQ:MYRG)
www.publicnow.com - March 22 at 5:28 PM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:MYRG)
biz.yahoo.com - March 8 at 9:07 AM
fxpips.com logoMarket Stocks Gapping Down – ABIL, MYRG, CVU, NDLS, PRGN, SSI, HABT, BANC, CIEN, KR (NASDAQ:MYRG)
www.fxpips.com - March 4 at 10:59 AM
finance.yahoo.com logoEdited Transcript of MYRG earnings conference call or presentation 3-Mar-16 2:00pm GMT (NASDAQ:MYRG)
finance.yahoo.com - March 3 at 4:01 PM
sg.finance.yahoo.com logoMYR misses 4Q profit forecasts (NASDAQ:MYRG)
sg.finance.yahoo.com - March 3 at 8:49 AM
biz.yahoo.com logoMYR GROUP INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:MYRG)
biz.yahoo.com - March 3 at 8:31 AM
finance.yahoo.com logoMYR Group Inc. Announces Fourth-Quarter and Full-Year 2015 Results (NASDAQ:MYRG)
finance.yahoo.com - March 3 at 8:30 AM
biz.yahoo.com logoQ4 2015 MYR Group Inc Earnings Release - Before Market Open (NASDAQ:MYRG)
biz.yahoo.com - March 3 at 7:07 AM
nasdaq.com logoMYR Group Inc. Announces Fourth-Quarter 2015 Earnings Release and Conference Call Schedule (NASDAQ:MYRG)
www.nasdaq.com - February 24 at 5:45 PM
thestreet.com logoAdd Up The Parts: AIRR Could Be Worth $18 (NASDAQ:MYRG)
www.thestreet.com - February 23 at 10:30 AM

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MYR Group (NASDAQ:MYRG) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff