MYR Group Company Profile (NASDAQ:MYRG)


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). The Company 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 and western Canada. The Company's T&D segment serves the T&D sector of the electric utility industry. The Company provides a range of services on electric transmission and distribution networks and substation facilities, such as design, engineering, procurement, construction and upgrade. The Company's C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, installation of traffic networks and the installation of bridge, roadway and tunnel lighting.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Smart Grid & Power Distribution Construction
  • Sub-Industry: Construction & Engineering
  • Symbol: NASDAQ:MYRG
  • CUSIP: 55405W10
  • Web:
  • Market Cap: $520.91 million
  • Outstanding Shares: 16,474,000
Average Prices:
  • 50 Day Moving Avg: $30.84
  • 200 Day Moving Avg: $35.93
  • 52 Week Range: $24.15 - $43.77
  • Trailing P/E Ratio: 25.45
  • Foreward P/E Ratio: 18.28
  • P/E Growth: 3.29
Sales & Book Value:
  • Annual Revenue: $1.19 billion
  • Price / Sales: 0.44
  • Book Value: $16.02 per share
  • Price / Book: 1.97
  • EBIDTA: $73.33 million
  • Net Margins: 1.74%
  • Return on Equity: 8.08%
  • Return on Assets: 3.94%
  • Debt-to-Equity Ratio: 0.16%
  • Current Ratio: 1.48%
  • Quick Ratio: 1.48%
  • Average Volume: 111,675 shs.
  • Beta: 0.35
  • Short Ratio: 1.71
Frequently Asked Questions for MYR Group (NASDAQ:MYRG)

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, May, 3rd. The company reported $0.07 EPS for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.22. The firm earned $300.13 million during the quarter, compared to analysts' expectations of $300.97 million. MYR Group had a net margin of 1.74% and a return on equity of 8.08%. View MYR Group's Earnings History.

Where is MYR Group's stock going? Where will MYR Group's stock price be in 2017?

5 brokers have issued twelve-month price targets for MYR Group's shares. Their forecasts range from $30.00 to $41.00. On average, they anticipate MYR Group's share price to reach $35.50 in the next twelve months. View Analyst Ratings for MYR Group.

Who are some of MYR Group's key competitors?

Who are MYR Group's key executives?

MYR Group's management team includes the folowing people:

  • William A. Koertner, Chairman of the Board
  • Richard S. Swartz Jr., President, Chief Executive Officer, Chief Operating Officer
  • Betty R. Johnson, Chief Financial Officer, Senior Vice President, Treasurer
  • Gerald B. Engen Jr., Senior Vice President, Chief Legal Officer, Secretary
  • Tod M. Cooper, Senior Vice President, Chief Operating Officer - T&D
  • William H. Green, Senior Vice President
  • Jeffrey J. Waneka, Senior Vice President, Chief Operating Officer - C&I
  • Gary R Johnson, Lead Independent Director
  • Bradley Thede Favreau, Director
  • Kenneth Michael Hartwick, Director

Who owns MYR Group stock?

MYR Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Thomson Horstmann & Bryant Inc. (1.85%), Acadian Asset Management LLC (0.60%), Fisher Asset Management LLC (0.57%), Shell Asset Management Co. (0.33%), Russell Investments Group Ltd. (0.32%) and Bank of Montreal Can (0.27%). Company insiders that own MYR Group stock include Gary Ronald Johnson, Gerald B Jr Engen, Henry W Fayne, Jack L Alexander, Kenneth Michael Hartwick, Larry F Altenbaumer, Richard S Jr Swartz, Tod M Cooper, William A Koertner, William H Green and William Patterson. View Institutional Ownership Trends for MYR Group.

Who sold MYR Group stock? Who is selling MYR Group stock?

MYR Group's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Bank of Montreal Can, Municipal Employees Retirement System of Michigan, Russell Investments Group Ltd. and Capstone Asset Management Co.. Company insiders that have sold MYR Group stock in the last year include Gary Ronald Johnson, Gerald B Jr Engen, Henry W Fayne, Jack L Alexander, Richard S Jr Swartz, Tod M Cooper, William A Koertner and William Patterson. View Insider Buying and Selling for MYR Group.

Who bought MYR Group stock? Who is buying MYR Group stock?

MYR Group's stock was purchased by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., Fisher Asset Management LLC, Aperio Group LLC, State of Alaska Department of Revenue, Strs Ohio and Louisiana State Employees Retirement System. View Insider Buying and Selling for MYR Group.

How do I buy MYR Group stock?

Shares of MYR Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MYR Group's stock price today?

One share of MYR Group stock can currently be purchased for approximately $31.62.

MarketBeat Community Rating for MYR Group (NASDAQ MYRG)
Community Ranking:  2.5 out of 5 (  )
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  255
MarketBeat's community ratings are surveys of what our community members think about MYR Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MYR Group (NASDAQ:MYRG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $35.50 (12.27% upside)

Analysts' Ratings History for MYR Group (NASDAQ:MYRG)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/16/2017FBR & CoReiterated RatingOutperform -> Outperform$45.00 -> $37.00MediumView Rating Details
5/15/2017Robert W. BairdUpgradeNeutral -> Outperform$41.00MediumView Rating Details
11/18/2016Avondale PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
11/3/2016Canaccord GenuityReiterated RatingBuy$34.00N/AView Rating Details
8/5/2016Maxim GroupBoost Price TargetBuy$28.00 -> $30.00N/AView Rating Details
1/5/2016Stifel NicolausReiterated RatingHoldN/AView Rating Details
11/9/2015DA DavidsonReiterated RatingNeutral$23.00N/AView Rating Details
10/2/2015BB&T CorporationDowngradeBuy -> HoldN/AView Rating Details
(Data available from 7/26/2015 forward)


Earnings History for MYR Group (NASDAQ:MYRG)
Earnings by Quarter for MYR Group (NASDAQ:MYRG)
Earnings History by Quarter for MYR Group (NASDAQ MYRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1 2017$0.29$0.07$300.97 million$300.13 millionViewListenView Earnings Details
3/9/2017Q4 2016$0.40$0.48$291.69 million$343.70 millionViewListenView Earnings Details
11/2/2016Q316$0.38$0.38$275.13 million$283.30 millionViewN/AView Earnings Details
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$0.40$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$0.33$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)


Earnings Estimates for MYR Group (NASDAQ:MYRG)
2017 EPS Consensus Estimate: $1.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.24$0.29$0.27
Q2 20173$0.30$0.42$0.34
Q3 20173$0.39$0.52$0.47
Q4 20173$0.37$0.45$0.42
(Data provided by Zacks Investment Research)


Dividend History for MYR Group (NASDAQ:MYRG)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for MYR Group (NASDAQ:MYRG)
Insider Ownership Percentage: 5.00%
Institutional Ownership Percentage: 88.80%
Insider Trades by Quarter for MYR Group (NASDAQ:MYRG)
Institutional Ownership by Quarter for MYR Group (NASDAQ:MYRG)
Insider Trades by Quarter for MYR Group (NASDAQ:MYRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/19/2017Gerald B Jr. EngenVPSell8,790$31.23$274,511.70View SEC Filing  
7/17/2017Gerald B Jr. EngenVPSell1,210$31.01$37,522.10View SEC Filing  
6/7/2017William PattersonDirectorSell3,482$30.10$104,808.20View SEC Filing  
6/2/2017Gerald B Jr. EngenVPSell10,000$30.00$300,000.00View SEC Filing  
6/2/2017Kenneth Michael HartwickDirectorBuy1,000$29.78$29,780.00View SEC Filing  
3/14/2017Gary Ronald JohnsonDirectorSell8,000$40.12$320,960.00View SEC Filing  
3/14/2017Gerald B Jr. EngenVPSell19,853$40.41$802,259.73View SEC Filing  
3/14/2017Tod M CooperCOOSell8,412$38.95$327,647.40View SEC Filing  
12/6/2016Gerald B Jr. EngenVPSell15,812$38.00$600,856.00View SEC Filing  
12/6/2016William A KoertnerChairmanSell8,679$38.01$329,888.79View SEC Filing  
12/5/2016Richard S Jr. SwartzCOOSell21,437$38.01$814,820.37View SEC Filing  
12/5/2016William A KoertnerChairmanSell10,000$38.15$381,500.00View SEC Filing  
12/1/2016William A KoertnerChairmanSell10,000$38.02$380,200.00View SEC Filing  
11/29/2016Henry W FayneDirectorSell2,760$38.17$105,349.20View SEC Filing  
11/14/2016Jack L AlexanderDirectorSell8,000$36.06$288,480.00View SEC Filing  
11/10/2016Richard S Jr. SwartzCOOSell32,000$33.70$1,078,400.00View SEC Filing  
11/10/2016William A KoertnerChairmanSell50,000$33.10$1,655,000.00View SEC Filing  
11/9/2016Gerald B Jr. EngenVPSell32,000$32.53$1,040,960.00View SEC Filing  
11/3/2016William A KoertnerChairmanSell10,000$31.00$310,000.00View SEC Filing  
9/28/2016William A KoertnerChairmanSell10,000$30.00$300,000.00View SEC Filing  
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)


Headline Trends for MYR Group (NASDAQ:MYRG)
Latest Headlines for MYR Group (NASDAQ:MYRG)
DateHeadline logoInsider Selling: MYR Group, Inc. (MYRG) VP Sells 8,790 Shares of Stock - July 21 at 7:31 PM logoGerald B. Jr. Engen Sells 1,210 Shares of MYR Group, Inc. (NASDAQ:MYRG) Stock - July 18 at 7:53 PM logoMYR Group (MYRG) & MasTec (MTZ) Head to Head Review - July 16 at 12:25 PM logoMYR Group, Inc. breached its 50 day moving average in a Bearish Manner : MYRG-US : July 11, 2017 - July 12 at 5:57 AM logoFinancial Survey: MYR Group (MYRG) & MasTec (MTZ) - July 12 at 12:06 AM logoMYR Group, Inc. (NASDAQ:MYRG) Receives Consensus Rating of "Buy" from Brokerages - July 11 at 5:34 PM logoComparing MYR Group (MYRG) & MasTec (MTZ) - July 10 at 2:20 PM logoZacks: Brokerages Expect MYR Group, Inc. (NASDAQ:MYRG) Will Post Quarterly Sales of $311.98 Million - July 6 at 11:20 AM logoMasTec (MTZ) vs. MYR Group (MYRG) Head-To-Head Survey - July 6 at 7:40 AM logoFinancial Contrast: MasTec (MTZ) versus MYR Group (MYRG) - July 3 at 8:19 AM logoMasTec (MTZ) versus MYR Group (MYRG) Critical Survey - June 25 at 7:37 AM logoMYR Group (MYRG) & MasTec (MTZ) Head-To-Head Survey - June 22 at 7:54 AM logoETFs with exposure to MYR Group, Inc. : June 19, 2017 - June 19 at 5:47 PM logoMYR Group, Inc. :MYRG-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017 - June 16 at 7:42 PM logoMYR Group, Inc. (MYRG) Receives Average Rating of "Buy" from Analysts - June 16 at 2:40 PM logoMYR Group Inc (MYRG) Expected to Announce Quarterly Sales of $311.98 Million - June 10 at 8:44 AM logoWilliam Patterson Sells 3,482 Shares of MYR Group Inc (MYRG) Stock - June 8 at 7:52 PM logoMYR Group (MYRG) & Comfort Systems USA (FIX) Head to Head Comparison - June 8 at 4:10 PM logoMYR Group Inc (MYRG) Expected to Announce Earnings of $0.34 Per Share - June 8 at 2:18 PM logoAnalyzing MYR Group (MYRG) & Quanta Services (PWR) - June 7 at 2:20 PM logoKenneth Michael Hartwick Purchases 1,000 Shares of MYR Group Inc (MYRG) Stock - June 5 at 8:26 PM logoMYR Group Inc (MYRG) VP Sells $300,000.00 in Stock - June 5 at 7:42 PM logoMYR Group Inc (MYRG) Downgraded to C at TheStreet - June 1 at 2:56 PM logoMYR Group Inc (MYRG) Lifted to "Outperform" at Robert W. Baird - May 29 at 9:53 AM logoMYR Group Inc (MYRG) Given Consensus Rating of "Buy" by Brokerages - May 22 at 2:17 PM logoZacks Investment Research Downgrades MYR Group Inc (MYRG) to Strong Sell - May 18 at 11:34 PM logoFBR & Co Analysts Cut Earnings Estimates for MYR Group Inc (MYRG) - May 18 at 10:38 AM logoMYR Group Inc to Post Q2 2017 Earnings of $0.30 Per Share, FBR & Co Forecasts (MYRG) - May 17 at 7:52 AM logoMYR Group Inc (MYRG) Price Target Cut to $37.00 by Analysts at FBR & Co - May 16 at 7:42 AM logo$316.96 Million in Sales Expected for MYR Group Inc (MYRG) This Quarter - May 14 at 9:44 AM logo Brokerages Anticipate MYR Group Inc (MYRG) Will Announce Earnings of $0.40 Per Share - May 12 at 12:30 PM logoZacks Investment Research Lowers MYR Group Inc (MYRG) to Hold - May 9 at 7:14 AM logoMYR Group, Inc. – Value Analysis (NASDAQ:MYRG) : May 8, 2017 - May 8 at 6:13 PM logoMYR Group Inc Forecasted to Post Q2 2017 Earnings of $0.30 Per Share (MYRG) - May 8 at 8:15 AM logoRobert W. Baird Upgrades MYR Group Inc (MYRG) to Outperform - May 6 at 4:32 PM logoMYR Group Shares Offer A Good Business At A Good Price - May 5 at 12:20 PM logoEdited Transcript of MYRG earnings conference call or presentation 4-May-17 2:00pm GMT - May 5 at 9:22 AM logoMYR Group, Inc. breached its 50 day moving average in a Bearish Manner : MYRG-US : May 5, 2017 - May 5 at 9:22 AM logoBloomberg Markets: Dave Wilson’s Stock of the Day for May 4 - May 4 at 11:50 PM logoWhy MYR Group Inc.'s Shares Plunged 20% Today - May 4 at 6:48 PM logoWhy MYR Group Inc.'s Shares Plunged 20% Today - May 4 at 3:45 PM logoInvestor Network: MYR Group Inc. to Host Earnings Call - May 4 at 11:28 AM logoMYR Group Inc. Announces First-Quarter 2017 Results - May 3 at 5:45 PM logoMYR misses Street 1Q forecasts - May 3 at 5:45 PM logoMYR Group (MYRG) Receiving Very Positive Media Coverage, Report Shows - May 3 at 11:52 AM logoFavorable Media Coverage Likely to Affect MYR Group (MYRG) Share Price - April 29 at 9:14 PM logoMYR Group Inc. Announces First-Quarter 2017 Earnings Release and Conference Call Schedule - April 26 at 6:34 PM logoMYR Group Inc (MYRG) Given Consensus Rating of "Buy" by Analysts - April 25 at 2:51 PM logoMYR Group (MYRG) Earns Daily Media Impact Score of 0.22 - April 25 at 1:52 PM logoMYR Group Inc (MYRG) Expected to Post Quarterly Sales of $300.97 Million - April 23 at 8:24 AM



MYR Group (MYRG) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by Staff