S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Better Than Oil Stocks (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Better Than Oil Stocks (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Better Than Oil Stocks (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Better Than Oil Stocks (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Better Than Oil Stocks (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Better Than Oil Stocks (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Better Than Oil Stocks (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Better Than Oil Stocks (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
NYSE:DY

Dycom Industries (DY) Stock Price, News & Analysis

$119.89
+0.58 (+0.49%)
(As of 02/23/2024 ET)
Today's Range
$119.42
$122.38
50-Day Range
$109.02
$119.89
52-Week Range
$78.42
$122.38
Volume
258,496 shs
Average Volume
185,284 shs
Market Capitalization
$3.52 billion
P/E Ratio
16.18
Dividend Yield
N/A
Price Target
$121.86

Dycom Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1.6% Upside
$121.86 Price Target
Short Interest
Healthy
5.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
0.54mentions of Dycom Industries in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$231,563 Sold Last Quarter
Proj. Earnings Growth
-12.13%
From $7.50 to $6.59 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Construction Sector

40th out of 101 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 4 stocks


DY stock logo

About Dycom Industries Stock (NYSE:DY)

Dycom Industries, Inc. provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel. It also provides construction, maintenance, and installation services for telephone companies and cable multiple system operators, such as placement and splicing of fiber, copper, and coaxial cables; tower construction, lines and antenna installation, foundation and equipment pad construction, and small cell site placement for wireless carriers, as well as equipment installation and material fabrication, and site testing services; underground facility locating services comprising locating telephone, cable television, power, water, sewer, and gas lines; installation and maintenance of customer premise equipment, including digital video recorders, set top boxes, and modems for cable system operators; and construction and maintenance services for electric and gas utilities, and other customers. Dycom Industries, Inc. was incorporated in 1969 and is headquartered in Palm Beach Gardens, Florida.

DY Stock Price History

DY Stock News Headlines

Dycom Industries (DY) to Release Earnings on Wednesday
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Dycom Industries Inc.
DY Jun 2024 95.000 call
DY Sep 2024 90.000 put
DY Mar 2024 115.000 put
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
DY Jun 2024 45.000 put
Nasdaq DM ASPA Financial Servic (^NQDMASPA3020)
Analyst Ratings For Dycom Industries
Dycom (DY) Hits 52-Week High: What's Driving the Stock?
Dycom Industries (DY) Earnings Dates & Reports
Dycom Industries: A Strong Bet On The Telecom Boom
See More Headlines
Receive DY Stock News and Ratings via Email

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

Company Calendar

Last Earnings
11/21/2023
Today
2/24/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
CUSIP
26747510
Employees
15,410
Year Founded
1969

Price Target and Rating

Average Stock Price Target
$121.86
High Stock Price Target
$136.00
Low Stock Price Target
$101.00
Potential Upside/Downside
+1.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$142.21 million
Pretax Margin
7.05%

Debt

Sales & Book Value

Annual Sales
$3.81 billion
Cash Flow
$9.61 per share
Book Value
$29.49 per share

Miscellaneous

Free Float
28,091,000
Market Cap
$3.52 billion
Optionable
Optionable
Beta
1.32

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report














DY Stock Analysis - Frequently Asked Questions

Should I buy or sell Dycom Industries stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DY shares.
View DY analyst ratings
or view top-rated stocks.

What is Dycom Industries' stock price target for 2024?

8 equities research analysts have issued 1-year target prices for Dycom Industries' stock. Their DY share price targets range from $101.00 to $136.00. On average, they expect the company's share price to reach $121.86 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts price targets for DY
or view top-rated stocks among Wall Street analysts.

How have DY shares performed in 2024?

Dycom Industries' stock was trading at $115.09 at the beginning of 2024. Since then, DY shares have increased by 4.2% and is now trading at $119.89.
View the best growth stocks for 2024 here
.

Are investors shorting Dycom Industries?

Dycom Industries saw a decline in short interest during the month of January. As of January 31st, there was short interest totaling 1,620,000 shares, a decline of 7.4% from the January 15th total of 1,750,000 shares. Based on an average daily volume of 261,600 shares, the short-interest ratio is presently 6.2 days. Currently, 5.7% of the company's shares are short sold.
View Dycom Industries' Short Interest
.

When is Dycom Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our DY earnings forecast
.

How can I listen to Dycom Industries' earnings call?

Dycom Industries will be holding an earnings conference call on Wednesday, February 28th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) issued its quarterly earnings data on Tuesday, November, 21st. The construction company reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $1.75 by $1.07. The construction company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. Dycom Industries had a net margin of 5.32% and a trailing twelve-month return on equity of 23.29%. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 EPS.

What is Steven E. Nielsen's approval rating as Dycom Industries' CEO?

48 employees have rated Dycom Industries Chief Executive Officer Steven E. Nielsen on Glassdoor.com. Steven E. Nielsen has an approval rating of 59% among the company's employees. This puts Steven E. Nielsen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Dycom Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Gilead Sciences (GILD), QUALCOMM (QCOM), AbbVie (ABBV), NVIDIA (NVDA), Broadcom (AVGO), Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

Who are Dycom Industries' major shareholders?

Dycom Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Peconic Partners LLC (11.13%), Vanguard Group Inc. (10.85%), Dimensional Fund Advisors LP (3.44%), Principal Financial Group Inc. (3.36%), Southernsun Asset Management LLC (1.91%) and Charles Schwab Investment Management Inc. (1.43%). Insiders that own company stock include Dwight B Duke, H Andrew Deferrari, Jason T Lawson, Patricia Higgins, Richard K Sykes, Ryan F Urness, Sharon Villaverde and Steven E Nielsen.
View institutional ownership trends
.

How do I buy shares of Dycom Industries?

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

Does Dycom Industries have any subsidiaries?
The following companies are subsidiares of Dycom Industries: Ansco & Associates LLC, Arguss Communications Inc, Blair Park Services LLC, Broadband Express LLC, C-2 Utility Contractors LLC, CABLECOM LLC, CableCom LLC, Cavo Broadband Communications LLC, CertusView Technologies LLC, Communications Construction Group LLC, Dycom Capital Management Inc., Dycom Corporate Identity Inc., Dycom Identity LLC, Dycom Investments Inc., Engineering Associates LLC, Ervin Cable Construction LLC, Fiber Technologies Solutions LLC, Globe Communications LLC, Golden State Utility Co., Goodman Networks Inc, Installation Technicians Inc, Ivy H. Smith Company LLC, Kanaan Communications LLC, Lambert’s Cable Splicing Company LLC, Locating Inc., NeoCom Solutions, NeoCom Solutions LLC, Nichols Construction LLC, Niels Fugal Sons Company LLC, North Sky Communications LLC, Parkside Site & Utility Company Corporation, Parkside Utility Construction LLC, Pauley Construction LLC, Point To Point Communications, Precision Valley Communications of Vermont LLC, Prince Telecom Inc., Prince Telecom LLC, Professional Teleconcepts LLC, RJE Telecom LLC, Sage Telecommunications Corp. of Colorado LLC, Star Construction LLC, TCS Communications LLC, TelCom Construction, TelCom Construction LLC, Tesinc LLC, Texstar Enterprises LLC, Tjader & Highstrom Utility Services LLC, Trawick Construction Company LLC, Triple-D Communications LLC, UtiliQuest LLC, UtiliQuest LLC, VCI Construction LLC, VCI Utility Services LLC, and White Mountain Cable Construction LLC.
Read More
This page (NYSE:DY) was last updated on 2/24/2024 by MarketBeat.com Staff