MYR Group (MYRG) Stock Price, News & Analysis

Company Overview

MYR Group Inc. (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services. The company’s workforce is trained to deploy advanced equipment and adhere to stringent safety and regulatory standards, enabling it to work on projects ranging from urban transmission rebuilds to rural distribution extensions and large-scale solar, wind and battery storage interconnection systems.

Headquartered in Henderson, Colorado, MYR Group serves customers across the United States and Canada, with regional offices and field locations that provide local responsiveness and operational flexibility. The company is led by President and Chief Executive Officer Clive H. Lewin, whose tenure has focused on strategic growth through selective acquisitions and investment in technology, workforce development and safety programs. MYR Group continues to pursue opportunities in evolving energy markets while maintaining its emphasis on reliable delivery and long-term customer relationships.

Key Stats

• Today's Range: $436.87 to $453.47
• 50-Day Range: $267.10 to $478.93
• 52-Week Range: $158.48 to $484.71
• Volume: 177,295 shs
• Average Volume: 234,865 shs
• Market Capitalization: $6.94 billion
• P/E Ratio: 49.14
• Dividend Yield: N/A
• Price Target: $358.17
• Consensus Rating: Moderate Buy

MYR Group Stock Analysis - MarketRank™

MYR Group scored higher than 37% of companies evaluated by MarketBeat, and ranked 82nd out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MYR Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 2 strong buy ratings, 3 buy ratings, 3 hold ratings, and no sell ratings.

Downside Risk

MYR Group has a consensus price target of $358.17, representing about 19.6% downside from its current price of $445.66.

Amount of Analyst Coverage

MYR Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -0.19%

Earnings Growth

Earnings for MYR Group are expected to decrease by -0.19% in the coming year, from $10.59 to $10.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MYR Group is 49.14, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of MYR Group is 49.14, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 20.36.

Price to Book Value per Share Ratio

MYR Group has a P/B Ratio of 10.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.57% of the float of MYR Group has been sold short.

Short Interest Ratio / Days to Cover

MYR Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MYR Group has recently decreased by 14.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MYR Group does not currently pay a dividend.

Dividend Growth

MYR Group does not have a long track record of dividend growth.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.13

News Sentiment

MYR Group has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for MYR Group this week, compared to 4 articles on an average week.

Search Interest

9 people have searched for MYRG on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

4 people have added MYR Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MYR Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,173,603.00 in company stock.

Percentage Held by Insiders

1.90% of the stock of MYR Group is held by insiders.

Percentage Held by Institutions

88.90% of the stock of MYR Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 4/29/2026
• Today: 6/05/2026
• Next Earnings (Estimated): 7/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: ELECT CONSTUCTION
• Sub-Industry: Construction & Engineering
• Current Symbol: NASDAQ:MYRG
• CIK: 700923
• Web: www.myrgroup.com
• Phone: (303) 286-8000
• Fax: 847-290-1892
• Employees: 9,000
• Year Founded: 1995

Price Target and Rating

• Average Price Target for MYR Group: $358.17
• High Price Target: $564.00
• Low Price Target: $202.00
• Potential Upside/Downside: -19.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $9.07
• Trailing P/E Ratio: 49.14
• Forward P/E Ratio: 42.08
• P/E Growth: N/A
• Net Income: $118.42 million
• Net Margins: 3.71%
• Pretax Margin: 5.03%
• Return on Equity: 22.14%
• Return on Assets: 8.67%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.31
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $3.66 billion
• Price / Sales: 1.90
• Cash Flow: $11.76 per share
• Price / Cash Flow: 37.89
• Book Value: $42.54 per share
• Price / Book: 10.48

Miscellaneous

• Outstanding Shares: 15,570,000
• Free Float: 15,275,000
• Market Cap: $6.94 billion
• Optionable: Optionable
• Beta: 1.32