QQQ   290.66 (-1.89%)
AAPL   143.00 (-2.01%)
MSFT   243.47 (-1.89%)
META   147.16 (-3.02%)
GOOGL   97.10 (-2.28%)
AMZN   100.55 (-1.65%)
TSLA   167.51 (-5.84%)
NVDA   192.52 (-5.47%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   62.04 (-2.87%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.92 (-2.33%)
NFLX   353.86 (-1.92%)
QQQ   290.66 (-1.89%)
AAPL   143.00 (-2.01%)
MSFT   243.47 (-1.89%)
META   147.16 (-3.02%)
GOOGL   97.10 (-2.28%)
AMZN   100.55 (-1.65%)
TSLA   167.51 (-5.84%)
NVDA   192.52 (-5.47%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   62.04 (-2.87%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.92 (-2.33%)
NFLX   353.86 (-1.92%)
QQQ   290.66 (-1.89%)
AAPL   143.00 (-2.01%)
MSFT   243.47 (-1.89%)
META   147.16 (-3.02%)
GOOGL   97.10 (-2.28%)
AMZN   100.55 (-1.65%)
TSLA   167.51 (-5.84%)
NVDA   192.52 (-5.47%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   62.04 (-2.87%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.92 (-2.33%)
NFLX   353.86 (-1.92%)
QQQ   290.66 (-1.89%)
AAPL   143.00 (-2.01%)
MSFT   243.47 (-1.89%)
META   147.16 (-3.02%)
GOOGL   97.10 (-2.28%)
AMZN   100.55 (-1.65%)
TSLA   167.51 (-5.84%)
NVDA   192.52 (-5.47%)
NIO   12.02 (-5.43%)
BABA   111.20 (-6.07%)
AMD   72.45 (-3.91%)
T   20.16 (+1.05%)
MU   62.04 (-2.87%)
F   12.89 (-2.86%)
CGC   2.84 (-3.07%)
GE   80.83 (-2.88%)
DIS   107.59 (-1.78%)
AMC   5.01 (-9.07%)
PFE   43.55 (-0.55%)
PYPL   79.92 (-2.33%)
NFLX   353.86 (-1.92%)
NASDAQ:MYRG

MYR Group - MYRG Stock Forecast, Price & News

$96.25
-1.03 (-1.06%)
(As of 01/30/2023 04:21 PM ET)
Add
Compare
Today's Range
$96.23
$98.06
50-Day Range
$86.40
$100.89
52-Week Range
$74.77
$102.03
Volume
51,603 shs
Average Volume
67,995 shs
Market Capitalization
$1.60 billion
P/E Ratio
20.70
Dividend Yield
N/A
Price Target
$101.33

MYR Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
4.1% Upside
$101.33 Price Target
Short Interest
Healthy
1.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.19mentions of MYR Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.86%
From $4.51 to $5.18 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Utilities Sector

57th out of 85 stocks

Water, Sewer, & Utility Lines Industry

4th out of 5 stocks


MYRG stock logo

About MYR Group (NASDAQ:MYRG) Stock

MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. It operates through the Transmission and Distribution (T&D) and Commercial and Industrial (C&I) segments. The T&D segment offers a range of services on electric transmission and distribution networks and substation facilities. The C&I segment includes the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway, and tunnel lighting. The company was founded in 1995 and is headquartered in Thornton, CO.

Receive MYRG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MYR Group and its competitors with MarketBeat's FREE daily newsletter.

MYRG Stock News Headlines

MYR Group (NASDAQ:MYRG) Sees Unusually-High Trading Volume
Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
Is MYR Group Inc. (NASDAQ:MYRG) Potentially Undervalued?
What Makes MYR (MYRG) a Good Fit for 'Trend Investing'
Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
Baird Upgrades MYR Group to Outperform
MYR Group: Q3 Earnings Insights
MYR Group: Q2 Earnings Insights
See More Headlines
Receive MYRG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MYR Group and its competitors with MarketBeat's FREE daily newsletter.

MYRG Company Calendar

Last Earnings
10/27/2021
Today
1/30/2023
Next Earnings (Estimated)
2/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
Sector
Utilities
Current Symbol
NASDAQ:MYRG
CUSIP
55405W10
Employees
7,600
Year Founded
1891

Price Target and Rating

Average Stock Price Forecast
$101.33
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$95.00
Forecasted Upside/Downside
+5.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$85.01 million
Pretax Margin
3.87%

Debt

Sales & Book Value

Annual Sales
$2.50 billion
Cash Flow
$7.69 per share
Book Value
$30.77 per share

Miscellaneous

Free Float
16,136,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.04

Social Links


Key Executives

  • Richard S. SwartzRichard S. Swartz
    President, Chief Executive Officer & Director
  • Tod M. Cooper
    COO-Transmission & Distribution, Senior VP
  • Jeffrey J. Waneka
    COO-Commercial & Industrial, Senior VP
  • Betty R. Johnson
    Chief Financial Officer & Senior Vice President
  • Kelly M. Huntington
    Senior Vice President













MYRG Stock - Frequently Asked Questions

Should I buy or sell MYR Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MYR Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MYRG shares.
View MYRG analyst ratings
or view top-rated stocks.

What is MYR Group's stock price forecast for 2023?

2 brokerages have issued 1-year price objectives for MYR Group's shares. Their MYRG share price forecasts range from $95.00 to $110.00. On average, they anticipate the company's stock price to reach $101.33 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for MYRG
or view top-rated stocks among Wall Street analysts.

How have MYRG shares performed in 2023?

MYR Group's stock was trading at $92.07 at the beginning of the year. Since then, MYRG stock has increased by 6.4% and is now trading at $97.94.
View the best growth stocks for 2023 here
.

When is MYR Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our MYRG earnings forecast
.

How were MYR Group's earnings last quarter?

MYR Group Inc. (NASDAQ:MYRG) issued its quarterly earnings data on Wednesday, October, 27th. The utilities provider reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.16. The utilities provider had revenue of $610.18 million for the quarter, compared to the consensus estimate of $645.95 million. MYR Group had a trailing twelve-month return on equity of 14.98% and a net margin of 2.85%. The business's revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the company posted $1.02 earnings per share.

What is Richard Swartz's approval rating as MYR Group's CEO?

15 employees have rated MYR Group Chief Executive Officer Richard Swartz on Glassdoor.com. Richard Swartz has an approval rating of 92% among the company's employees. This puts Richard Swartz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of MYR Group own?
What is MYR Group's stock symbol?

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

Who are MYR Group's major shareholders?

MYR Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.67%), Ziegler Capital Management LLC (0.47%), Assenagon Asset Management S.A. (0.23%), Rice Hall James & Associates LLC (0.19%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.06%). Insiders that own company stock include Betty R Johnson, Marc Prieur, Richard S Jr Swartz, Tod M Cooper and William A Koertner.
View institutional ownership trends
.

How do I buy shares of MYR Group?

Shares of MYRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MYR Group's stock price today?

One share of MYRG stock can currently be purchased for approximately $97.94.

How much money does MYR Group make?

MYR Group (NASDAQ:MYRG) has a market capitalization of $1.63 billion and generates $2.50 billion in revenue each year. The utilities provider earns $85.01 million in net income (profit) each year or $4.65 on an earnings per share basis.

How many employees does MYR Group have?

The company employs 7,600 workers across the globe.

Does MYR Group have any subsidiaries?
The following companies are subsidiares of MYR Group: CSI Electrical Contractors Inc., E.S. Boulos Company, GSW Integrated Services LLC, Great Southwestern Construction Inc., Harlan Electric Company, High Country Line Construction Inc., Huen Electric Inc., MYR Energy Services Inc., MYR Equipment LLC, MYR Group Construction Canada Ltd., MYR Real Estate Holdings Alaska LLC, MYR Real Estate Holdings LLC, MYR Transmission Services Canada Ltd., Northern Transmission Services Ltd., Powerline Plus Ltd., Sturgeon Electric California LLC, Sturgeon Electric Company Inc., The L. E. Myers Co., and Western Pacific Enterprises Ltd..
Read More
How can I contact MYR Group?

MYR Group's mailing address is 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL, 60008. The official website for the company is www.myrgroup.com. The utilities provider can be reached via phone at (303) 286-8000, via email at investorinfo@myrgroup.com, or via fax at 847-290-1892.

This page (NASDAQ:MYRG) was last updated on 1/30/2023 by MarketBeat.com Staff