MYR Group Stock Price, News & Analysis (NASDAQ:MYRG)

$32.14
-0.20 (-0.62 %)
(As of 09/23/2019 11:11 AM ET)
Today's Range
$31.92
Now: $32.14
$32.28
50-Day Range
$27.35
MA: $29.33
$33.65
52-Week Range
$26.24
Now: $32.14
$38.14
Volume4,571 shs
Average Volume67,610 shs
Market Capitalization$533.52 million
P/E Ratio17.19
Dividend YieldN/A
Beta0.9
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 industry. Read More…

Industry, Sector and Symbol

Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorUtilities
Current SymbolNASDAQ:MYRG
CUSIP55405W10
Phone847-290-1891

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$4.3141 per share
Book Value$19.59 per share

Profitability

Net Income$31.09 million

Miscellaneous

Employees5,500
Market Cap$533.52 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 were MYR Group's earnings last quarter?

MYR Group Inc (NASDAQ:MYRG) released its earnings results on Wednesday, July, 31st. The utilities provider reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.17. The utilities provider had revenue of $448.80 million for the quarter, compared to the consensus estimate of $445.20 million. MYR Group had a return on equity of 10.15% and a net margin of 1.88%. The company's revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.41 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, October 30th 2019. View Earnings Estimates for MYR Group.

What price target have analysts set for MYRG?

6 Wall Street analysts have issued twelve-month price targets for MYR Group's stock. Their forecasts range from $34.00 to $39.00. On average, they anticipate MYR Group's share price to reach $36.3333 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Price Targets for MYR Group.

What is the consensus analysts' recommendation for MYR Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MYR Group in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MYR Group.

Has MYR Group been receiving favorable news coverage?

Media stories about MYRG stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MYR Group earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for MYR Group.

Are investors shorting MYR Group?

MYR Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 253,400 shares, an increase of 8.1% from the July 31st total of 234,500 shares. Based on an average trading volume of 61,200 shares, the short-interest ratio is currently 4.1 days. Approximately 1.6% of the company's shares are sold short. View MYR Group's Current Options Chain.

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).

What other stocks do shareholders of MYR Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MYR Group investors own include Mondi (MNDI), Gilead Sciences (GILD), Iridium Communications (IRDM), Visa (V), CarGurus (CARG), Celgene (CELG), Lincoln Electric (LECO), NeoGenomics (NEO), PRA Health Sciences (PRAH) and Paypal (PYPL).

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. Gerald B. Engen Jr., Sr. VP (Age 68)
  • Mr. Tod M. Cooper, Sr. VP & COO of Transmission and Distribution (Age 54)
  • Mr. Jeffrey J. Waneka, Sr. VP and COO of Commercial & Industrial (Age 57)

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. (16.15%), Victory Capital Management Inc. (8.20%), Vanguard Group Inc. (6.27%), Investment Counselors of Maryland LLC (4.22%), JPMorgan Chase & Co. (2.48%) and Wells Fargo & Company MN (1.73%). Company insiders that own MYR Group stock include Gary Ronald Johnson, Gerald B Jr Engen, Jeffrey J Waneka and William A Koertner. 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 Victory Capital Management Inc., Pinebridge Investments L.P., Charles Schwab Investment Management Inc., Phocas Financial Corp., Phocas Financial Corp., Citadel Advisors LLC, THB Asset Management and D. E. Shaw & Co. Inc.. Company insiders that have sold MYR Group company stock in the last year include Gary Ronald Johnson, Gerald B Jr Engen and William A Koertner. View Insider Buying and Selling for MYR Group.

Which institutional investors are buying MYR Group stock?

MYRG stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., Wells Fargo & Company MN, Rothschild & Co. Asset Management US Inc., Invesco Ltd., Captrust Financial Advisors, Morgan Stanley and Panagora Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is MYR Group's stock price today?

One share of MYRG stock can currently be purchased for approximately $32.14.

How big of a company is MYR Group?

MYR Group has a market capitalization of $533.52 million and generates $1.53 billion in revenue each year. The utilities provider earns $31.09 million in net income (profit) each year or $1.87 on an earnings per share basis. MYR Group employs 5,500 workers across the globe.View Additional Information About MYR Group.

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, 60008-4210. 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 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  321 (Vote Underperform)
Total Votes:  600
MarketBeat'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 9/23/2019 by MarketBeat.com Staff

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