S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
S&P 500   4,288.39
DOW   33,433.35
QQQ   361.26
Nvidia Stock, Christmas Comes Early If You’re On the Fence
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Here’s Why Cloudflare may be the Ultimate Cloud Stock to Own
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Peloton and Lululemon, Does the Deal Make Sense?
2 Seasonal Stocks to Warm Up Your Portfolio
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Fed's Powell gets an earful about inflation and interest rates from small businesses
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
NYSE:DY

Dycom Industries (DY) Stock Forecast, Price & News

$86.68
-2.32 (-2.61%)
(As of 10/2/2023 ET)
Compare
Today's Range
$85.76
▼
$88.39
50-Day Range
$86.68
▼
$106.17
52-Week Range
$77.33
▼
$122.13
Volume
232,407 shs
Average Volume
238,967 shs
Market Capitalization
$2.54 billion
P/E Ratio
13.56
Dividend Yield
N/A
Price Target
$120.40
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Dycom Industries MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
38.9% Upside
$120.40 Price Target
Short Interest
Healthy
6.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.01
Upright™ Environmental Score
News Sentiment
1.19mentions of Dycom Industries in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.70%
From $6.48 to $6.72 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Construction Sector

40th out of 102 stocks

Water, Sewer, & Utility Lines Industry

2nd out of 5 stocks

See Top Rated MarketRank™ Stocks Here

DY stock logo

About Dycom Industries (NYSE:DY) Stock

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 Price History

DY Stock News Headlines

September 29, 2023 | americanbankingnews.com
Dycom Industries (NYSE:DY) Downgraded by StockNews.com to "Hold"
September 26, 2023 | finance.yahoo.com
3 Stocks to Watch From a Thriving Heavy Construction Industry
October 3, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
September 22, 2023 | finance.yahoo.com
Dycom Industries (DY) Down 7.1% Since Last Earnings Report: Can It Rebound?
September 14, 2023 | finance.yahoo.com
Dycom Industries, Inc. to Present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference
September 11, 2023 | msn.com
Dycom Industries: Bigham Cable Construction Should Accelerate Growth
September 11, 2023 | msn.com
Dycom Industries: Economic Leverage Underreflected At Current Multiples, Rate Buy
September 4, 2023 | finance.yahoo.com
Why Dycom Industries (DY) is a Top Momentum Stock for the Long-Term
October 3, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 29, 2023 | seekingalpha.com
Dycom Industries, Inc. 2024 Q2 - Results - Earnings Call Presentation
August 25, 2023 | finance.yahoo.com
Dycom (DY) Benefited from Continued Growth in its Core Business
August 24, 2023 | finance.yahoo.com
Dycom Industries, Inc. (NYSE:DY) Q2 2024 Earnings Call Transcript
August 24, 2023 | finance.yahoo.com
Dycom's (DY) Q2 Earnings Top, Revenues Miss, Shares Up
August 24, 2023 | finance.yahoo.com
Dycom (DY) Acquires Bigham, Strengthens Telecom Business
August 24, 2023 | markets.businessinsider.com
D.A. Davidson Sticks to Its Buy Rating for Dycom (DY)
August 24, 2023 | markets.businessinsider.com
Dycom Industries, Inc. Announces Fiscal 2024 Second Quarter Results
August 24, 2023 | finance.yahoo.com
Q2 2024 Dycom Industries Inc Earnings Call
August 23, 2023 | seekingalpha.com
Dycom acquires Bigham Cable Construction in Southeast U.S.
August 23, 2023 | msn.com
Dycom Amplifies Rural Broadband Service Via Bigham Deal; Plans New $150M Stock Buyback
August 23, 2023 | finanznachrichten.de
Dycom Industries Inc: Dycom Industries, Inc. Announces Fiscal 2024 Second Quarter Results
August 23, 2023 | marketwatch.com
Dycom Buys Telco Contractor Bigham Cable Construction in Southeast U.S.
August 23, 2023 | markets.businessinsider.com
Dycom Industries Q2 Net Income Rises; Contract Revenues Up 7.1%
August 21, 2023 | markets.businessinsider.com
4 Analysts Have This to Say About Dycom Industries
August 18, 2023 | finance.yahoo.com
Dycom (DY) Gears Up to Post Q2 Earnings: What's in Store?
August 17, 2023 | finance.yahoo.com
Why Earnings Season Could Be Great for Dycom (DY)
August 16, 2023 | finance.yahoo.com
Dycom Industries (DY) Earnings Expected to Grow: What to Know Ahead of Q2 Release
August 16, 2023 | finance.yahoo.com
Dycom Industries, Inc. to Host Fiscal 2024 Second Quarter Results Conference Call
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.

DY Company Calendar

Last Earnings
8/23/2023
Today
10/03/2023
Next Earnings (Estimated)
11/28/2023
Fiscal Year End
1/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Water, sewer, & utility lines
Sub-Industry
Construction & Engineering
Sector
Construction
Current Symbol
NYSE:DY
CUSIP
26747510
CIK
67215
Web
www.dycomind.com
Phone
(561) 627-7171
Fax
561-627-7709
Employees
15,410
Year Founded
1969

Price Target and Rating

Average Stock Price Forecast
$120.40
High Stock Price Forecast
$127.00
Low Stock Price Forecast
$111.00
Forecasted Upside/Downside
+38.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.39
Trailing P/E Ratio
13.56
Forward P/E Ratio
13.38
P/E Growth
N/A
Net Income
$142.21 million
Net Margins
4.71%
Pretax Margin
6.15%
Return on Equity
20.89%
Return on Assets
8.04%

Debt

Debt-to-Equity Ratio
0.83
Current Ratio
3.38
Quick Ratio
3.13

Sales & Book Value

Annual Sales
$3.81 billion
Price / Sales
0.67
Cash Flow
$9.32 per share
Price / Cash Flow
9.30
Book Value
$29.49 per share
Price / Book
2.94

Miscellaneous

Outstanding Shares
29,330,000
Free Float
28,066,000
Market Cap
$2.54 billion
Optionable
Optionable
Beta
1.34

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover
Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

  • Mr. Steven E. Nielsen (Age 60)
    Chairman, Pres & CEO
    Comp: $3.77M
  • Mr. H. Andrew DeFerrari (Age 54)
    Sr. VP, CFO & Treasurer
    Comp: $1.13M
  • Mr. Daniel S. Peyovich (Age 47)
    Exec. VP & COO
    Comp: $1.96M
  • Mr. Ryan F. Urness (Age 51)
    VP, Gen. Counsel & Corp. Sec.
    Comp: $931.88k
  • Mr. Jason T. Lawson (Age 52)
    VP & Chief Human Resource Officer
    Comp: $284.73k
  • Ms. Sharon R. Villaverde (Age 48)
    VP & Chief Accounting Officer
  • Ms. Rebecca Brightly Roach (Age 48)
    VP of Bus. Process

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













DY Stock - Frequently Asked Questions

Should I buy or sell Dycom Industries stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DY shares.
View DY analyst ratings or view top-rated stocks.

What is Dycom Industries' stock price forecast for 2023?

6 brokerages have issued 1 year price targets for Dycom Industries' shares. Their DY share price forecasts range from $111.00 to $127.00. On average, they expect the company's stock price to reach $120.40 in the next twelve months. This suggests a possible upside of 38.9% 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 2023?

Dycom Industries' stock was trading at $93.60 at the start of the year. Since then, DY stock has decreased by 7.4% and is now trading at $86.68.
View the best growth stocks for 2023 here.

Are investors shorting Dycom Industries?

Dycom Industries saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,840,000 shares, a drop of 9.4% from the August 31st total of 2,030,000 shares. Based on an average daily trading volume, of 301,300 shares, the days-to-cover ratio is presently 6.1 days. Currently, 6.5% of the shares of the stock are sold short.
View Dycom Industries' Short Interest.

When is Dycom Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023.
View our DY earnings forecast.

How were Dycom Industries' earnings last quarter?

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings data on Wednesday, August, 23rd. The construction company reported $2.03 EPS for the quarter, beating analysts' consensus estimates of $1.66 by $0.37. The construction company earned $1.04 billion during the quarter, compared to analyst estimates of $1.03 billion. Dycom Industries had a net margin of 4.71% and a trailing twelve-month return on equity of 20.89%. Dycom Industries's revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.46 earnings per share.

What ETFs hold Dycom Industries' stock?

ETFs with the largest weight of Dycom Industries (NYSE:DY) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), Invesco S&P SmallCap Industrials ETF (PSCI), Fidelity Disruptive Communications ETF (FDCF), SPDR S&P 600 Small Cap ETF (SLY) and Vanguard S&P Small-Cap 600 ETF (VIOO).Schwab Fundamental U.S. Small Company Index ETF (FNDA) and

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).

What is Dycom Industries' stock symbol?

Dycom Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "DY."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Dycom Industries' stock price today?

One share of DY stock can currently be purchased for approximately $86.68.

How much money does Dycom Industries make?

Dycom Industries (NYSE:DY) has a market capitalization of $2.54 billion and generates $3.81 billion in revenue each year. The construction company earns $142.21 million in net income (profit) each year or $6.39 on an earnings per share basis.

How many employees does Dycom Industries have?

The company employs 15,410 workers across the globe.

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
How can I contact Dycom Industries?

Dycom Industries' mailing address is 11780 U.S. HIGHWAY 1 SUITE 600, PALM BEACH GARDENS FL, 33408. The official website for the company is www.dycomind.com. The construction company can be reached via phone at (561) 627-7171, via email at investorrelations@dycomind.com, or via fax at 561-627-7709.

This page (NYSE:DY) was last updated on 10/3/2023 by MarketBeat.com Staff

My Account -