NASDAQ:MYRGMYR Group Stock Price, Forecast & News

MYR Group's stock was trading at $25.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MYRG shares have increased by 27.7% and is now trading at $32.12. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MYR Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for MYR Group.

MYR Group is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for MYR Group.

MYR Group Inc (NASDAQ:MYRG) announced its quarterly earnings results on Wednesday, April, 29th. The utilities provider reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.07. The utilities provider earned $518.47 million during the quarter, compared to analyst estimates of $545.66 million. MYR Group had a net margin of 1.90% and a return on equity of 11.27%. View MYR Group's earnings history.

3 brokers have issued 12-month target prices for MYR Group's shares. Their forecasts range from $27.00 to $40.00. On average, they expect MYR Group's share price to reach $32.33 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View analysts' price targets for MYR Group.

Media stories about MYRG stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog 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 -2.4 on InfoTrie's scale. They also gave news articles 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 near future. View the latest news about MYR Group.

Some companies that are related to MYR Group include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Ameresco (AMRC), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Argan (AGX), Tutor Perini (TPC) and Great Lakes Dredge & Dock (GLDD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MYR Group investors own include Alibaba Group (BABA), The Ensign Group (ENSG), Innovative Industrial Properties (IIPR), Avid Technology (AVID), Alphabet (GOOG), Gilead Sciences (GILD), Bank of America (BAC), Walt Disney (DIS), JPMorgan Chase & Co. (JPM) and Aphria (APHA).

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

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.

One share of MYRG stock can currently be purchased for approximately $32.12.

MYR Group has a market capitalization of $536.08 million and generates $2.07 billion in revenue each year. The utilities provider earns $37.69 million in net income (profit) each year or $2.26 on an earnings per share basis. MYR Group employs 7,100 workers across the globe.

The official website for MYR Group is www.myrgroup.com.

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]