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.
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Industry, Sector and Symbol
Industry Water, sewer, & utility lines
Sub-IndustryConstruction & Engineering
SectorUtilities
Phone847-290-1891
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.53 billion
Profitability
Miscellaneous
Employees5,500
Next Earnings Date10/30/2019 (Estimated)
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 were MYR Group's earnings last quarter?
MYR Group Inc (NASDAQ:MYRG) posted its quarterly earnings results on Wednesday, July, 31st. The utilities provider reported $0.43 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.17. The utilities provider earned $448.80 million during the quarter, compared to analysts' expectations of $445.20 million. MYR Group had a net margin of 1.88% and a return on equity of 10.15%. The company's quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. View MYR Group's Earnings History.
When is MYR Group's next earnings date?
What price target have analysts set for MYRG?
6 brokerages have issued 1 year price targets for MYR Group's stock. Their forecasts range from $34.00 to $39.00. On average, they anticipate MYR Group's stock price to reach $36.33 in the next year. This suggests a possible upside of 17.4% 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?
News stories about MYRG stock have trended negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MYR Group earned a coverage optimism score of -2.8 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 press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for MYR Group.
Are investors shorting MYR Group?
MYR Group saw a increase in short interest in September. As of September 30th, there was short interest totalling 318,900 shares, an increase of 24.4% from the August 30th total of 256,400 shares. Based on an average daily volume of 65,800 shares, the days-to-cover ratio is currently 4.8 days. Approximately 2.0% of the shares of the stock are short sold. View MYR Group's Current Options Chain.
Who are some of MYR Group's key competitors?
What other stocks do shareholders of MYR Group own?
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 shareholders include State of Alaska Department of Revenue (0.08%). 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 major investors are buying MYR Group stock?
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 $30.96.
How big of a company is MYR Group?
MYR Group has a market capitalization of $513.94 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?
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)
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.
