NASDAQ:MYRG - MYR Group Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $27.88 -0.54 (-1.90 %) (As of 12/14/2018 04:00 PM ET)Previous Close$27.88Today's Range$27.73 - $28.4552-Week Range$27.73 - $40.81Volume35,475 shsAverage Volume61,449 shsMarket Capitalization$470.77 millionP/E Ratio18.58Dividend YieldN/ABeta0.36 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 Phone847-290-1891 Debt Debt-to-Equity Ratio0.28 Current Ratio1.69 Quick Ratio1.69 Price-To-Earnings Trailing P/E Ratio18.58 Forward P/E Ratio16.02 P/E GrowthN/A Sales & Book Value Annual Sales$1.40 billion Price / Sales0.33 Cash Flow$3.0943 per share Price / Cash Flow9.01 Book Value$17.44 per share Price / Book1.60 Profitability 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$470.77 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 allows the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows 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) announced its quarterly earnings results on Wednesday, October, 31st. The utilities provider reported $0.48 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.06. The utilities provider earned $399.50 million during 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%. MYR Group's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $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 Wall Street analysts have issued 1 year target prices for MYR Group's stock. Their predictions range from $36.00 to $42.00. On average, they expect MYR Group's share price to reach $39.50 in the next year. This suggests a possible upside of 41.7% 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? Press coverage about MYRG stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. MYR Group earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate 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 54)Ms. Betty R. Johnson, Sr. VP, CFO & Treasurer (Age 60)Mr. Gerald B. Engen Jr., Sr. VP, Chief Legal Officer & Sec. (Age 67)Mr. William A. Koertner M.B.A., Director (Age 68)Mr. Tod M. Cooper, Sr. VP & COO of Transmission and Distribution (Age 53) Who are MYR Group's major shareholders? MYR Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.23%), Victory Capital Management Inc. (8.65%), Dimensional Fund Advisors LP (8.40%), Macquarie Group Ltd. (7.70%), Vanguard Group Inc. (5.81%) and Vanguard Group Inc (5.81%). 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 major investors are selling MYR Group stock? MYRG stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., State Board of Administration of Florida Retirement System, JPMorgan Chase & Co., JPMorgan Chase & Co., Fisher Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., First Trust Advisors LP and Prudential Financial Inc.. 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 major investors are buying MYR Group stock? MYRG stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Victory Capital Management Inc., BlackRock Inc., Putnam Investments LLC, Wells Fargo & Company MN, Citadel Advisors LLC, Renaissance Technologies LLC and ClariVest Asset Management LLC. 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 $27.88. How big of a company is MYR Group? MYR Group has a market capitalization of $470.77 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: 2.4 out of 5 ( )Outperform Votes: 241 (Vote Outperform)Underperform Votes: 271 (Vote Underperform)Total Votes: 512MarketBeat'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 12/15/2018 by MarketBeat.com StaffFeatured Article: What are earnings reports?