NYSE:DY Dycom Industries - DY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dycom Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $87.60 -3.33 (-3.66%) (As of 02/6/2023 04:31 PM ET) Add Compare Share Share Today's Range$87.58▼$91.0150-Day Range$86.03▼$99.9552-Week Range$76.21▼$122.13Volume383,623 shsAverage Volume351,088 shsMarket Capitalization$2.58 billionP/E Ratio22.23Dividend YieldN/APrice Target$124.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Dycom Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside40.0% Upside$124.00 Price TargetShort InterestHealthy4.07% of Float Sold ShortDividend StrengthN/ASustainability-2.01Upright™ Environmental ScoreNews Sentiment1.49Based on 2 Articles This WeekInsider TradingSelling Shares$184,700 Sold Last QuarterProj. Earnings Growth27.87%From $4.09 to $5.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.81 out of 5 starsConstruction Sector4th out of 106 stocksWater, Sewer, & Utility Lines Industry1st out of 6 stocks 3.5 Analyst's Opinion Consensus RatingDycom Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $124.00, Dycom Industries has a forecasted upside of 40.0% from its current price of $88.58.Amount of Analyst CoverageDycom Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.07% of the float of Dycom Industries has been sold short.Short Interest Ratio / Days to CoverDycom Industries has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Dycom Industries has recently decreased by 12.12%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldDycom Industries does not currently pay a dividend.Dividend GrowthDycom Industries does not have a long track record of dividend growth. Previous Next 2.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDycom Industries has received a 16.93% net impact score from Upright. Dycom Industries seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Telecommunications network installation for wireless connections", "Construction of underground coaxial cable lines", "Telecommunications network engineering for mobile connections", and "Telecommunications network engineering for fixed connections" products. See details.Environmental SustainabilityThe Environmental Impact score for Dycom Industries is -2.01. Previous Next 2.5 News and Social Media Coverage News SentimentDycom Industries has a news sentiment score of 1.49. 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 higher news sentiment than the 0.55 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Dycom Industries this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for DY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Dycom Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dycom Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $184,700.00 in company stock.Percentage Held by InsidersOnly 4.32% of the stock of Dycom Industries is held by insiders.Percentage Held by Institutions92.82% of the stock of Dycom Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Dycom Industries are expected to grow by 27.87% in the coming year, from $4.09 to $5.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dycom Industries is 22.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Dycom Industries is 22.48, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.62.Price to Book Value per Share RatioDycom Industries has a P/B Ratio of 3.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Dycom Industries (NYSE:DY) StockDycom Industries, Inc. provides contracting services throughout the United States. Its services include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including other construction and maintenance services to electric and gas utilities, and others. The company was founded in 1969 and is headquartered in Palm Beach Gardens, FL.Read More 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. Email Address DY Stock News HeadlinesJanuary 28, 2023 | americanbankingnews.comDycom Industries (NYSE:DY) Upgraded by StockNews.com to BuyJanuary 25, 2023 | finance.yahoo.comShould Weakness in Dycom Industries, Inc.'s (NYSE:DY) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?February 6, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 24, 2023 | finance.yahoo.com2 Stocks to Buy From the Prosperous Heavy Construction IndustryJanuary 19, 2023 | finance.yahoo.comConstruction Activity Rebounds: 4 Picks From Building ProductsDecember 27, 2022 | finance.yahoo.comIf You Invested $1000 in Dycom Industries 10 Years Ago, This Is How Much You'd Have NowDecember 26, 2022 | finance.yahoo.comDycom Industries (NYSE:DY) Could Be At Risk Of Shrinking As A CompanyDecember 23, 2022 | finance.yahoo.comDycom Industries, Inc. (NYSE:DY) Q3 2023 Earnings Call TranscriptFebruary 6, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 22, 2022 | finance.yahoo.comDycom Industries (DY) Down 0.3% Since Last Earnings Report: Can It Rebound?December 21, 2022 | finance.yahoo.comDoes Dycom Industries (DY) Have the Potential to Rally 43% as Wall Street Analysts Expect?December 20, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights EMCOR Group, Dycom Industries, Altair Engineering, ChampionX and Cavco IndustriesDecember 19, 2022 | finance.yahoo.com5 Construction Stocks Wall Street Analysts Think Will Rally in 2023December 7, 2022 | finance.yahoo.comDycom Industries (NYSE:DY) shareholders have earned a 23% CAGR over the last three yearsNovember 29, 2022 | msn.comCramer explains why Dycom Industries stock is an enigmaNovember 23, 2022 | marketwatch.comDycom Industries Posts Higher 3Q Profit, RevenueNovember 23, 2022 | seekingalpha.comDycom Industries, Inc. (DY) Q3 2023 Earnings Call TranscriptNovember 23, 2022 | finance.yahoo.comDycom's (DY) Stock Down Despite Q3 Earnings & Revenue BeatNovember 23, 2022 | finance.yahoo.comDycom Industries Third Quarter 2023 Earnings: Beats ExpectationsNovember 23, 2022 | benzinga.comDollar Tree, Dycom Industries, Chico's FAS And Other Big Losers From TuesdayNovember 22, 2022 | msn.comSo What's Happening With Dycom Shares Nosediving Tuesday?November 22, 2022 | marketwatch.comDycom Industries Falls on Light 4Q GuidanceNovember 21, 2022 | finance.yahoo.comDycom (DY) to Report Earnings in Q3: What's in the Offing?November 21, 2022 | msn.comEarnings Preview: Dycom IndustriesNovember 21, 2022 | markets.businessinsider.comHere's what Wall Street expects from Dycom Industries's earningsNovember 15, 2022 | finance.yahoo.comDycom Industries, Inc. to Host Fiscal 2023 Third Quarter Results Conference CallNovember 15, 2022 | fool.comDycom Industries (NYSE: DY)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address DY Company Calendar Last Earnings11/22/2022Today2/06/2023Next Earnings (Estimated)3/01/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water, sewer, & utility lines Sub-IndustryConstruction & Engineering SectorConstruction Current SymbolNYSE:DY CUSIP26747510 CIK67215 Webwww.dycomind.com Phone(561) 627-7171Fax561-627-7709Employees15,024Year FoundedN/APrice Target and Rating Average Stock Price Forecast$124.00 High Stock Price Forecast$145.00 Low Stock Price Forecast$110.00 Forecasted Upside/Downside+41.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.94 Trailing P/E Ratio22.23 Forward P/E Ratio21.42 P/E GrowthN/ANet Income$48.57 million Net Margins3.24% Pretax Margin3.92% Return on Equity13.96% Return on Assets5.05% Debt Debt-to-Equity Ratio0.94 Current Ratio3.21 Quick Ratio2.98 Sales & Book Value Annual Sales$3.13 billion Price / Sales0.82 Cash Flow$6.51 per share Price / Cash Flow13.45 Book Value$25.13 per share Price / Book3.49Miscellaneous Outstanding Shares29,460,000Free Float28,185,000Market Cap$2.58 billion OptionableOptionable Beta1.27 Key ExecutivesSteven E. NielsenChairman, President & Chief Executive OfficerDaniel S. PeyovichChief Operating Officer & Executive Vice PresidentH. Andrew DeFerrariChief Financial Officer, Treasurer & SVPSharon VillaverdeChief Accounting Officer & Vice PresidentRyan F. UrnessSecretary, Vice President & General CounselKey CompetitorsPrimoris ServicesNASDAQ:PRIMMasTecNYSE:MTZArcosaNYSE:ACAM.D.C.NYSE:MDCEnvivaNYSE:EVAView All CompetitorsInsiders & InstitutionsHomestead Advisers CorpSold 8,500 shares on 2/3/2023Ownership: 0.059%D.A. Davidson & CO.Sold 260 shares on 2/3/2023Ownership: 0.021%Smith Graham & Co. Investment Advisors LPSold 453 shares on 2/2/2023Ownership: 0.473%SG Americas Securities LLCBought 2,266 shares on 2/2/2023Ownership: 0.024%ProShare Advisors LLCBought 732 shares on 2/2/2023Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions DY Stock - Frequently Asked Questions Should I buy or sell Dycom Industries stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last twelve months. There are currently 3 buy ratings 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 forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Dycom Industries' stock. Their DY share price forecasts range from $110.00 to $145.00. On average, they predict the company's stock price to reach $124.00 in the next twelve months. This suggests a possible upside of 39.8% 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 beginning of 2023. Since then, DY stock has decreased by 5.2% and is now trading at $88.70. View the best growth stocks for 2023 here. Are investors shorting Dycom Industries? Dycom Industries saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,160,000 shares, a decline of 12.1% from the December 31st total of 1,320,000 shares. Based on an average daily volume of 413,300 shares, the days-to-cover ratio is currently 2.8 days. Currently, 4.1% of the company's shares 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 Wednesday, March 1st 2023. View our DY earnings forecast. How were Dycom Industries' earnings last quarter? Dycom Industries, Inc. (NYSE:DY) released its earnings results on Tuesday, November, 22nd. The construction company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.41. The construction company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $974.11 million. Dycom Industries had a net margin of 3.24% and a trailing twelve-month return on equity of 13.96%. 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." Who are Dycom Industries' major shareholders? Dycom Industries' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.47%), Peregrine Capital Management LLC (0.37%), Scout Investments Inc. (0.36%), Assenagon Asset Management S.A. (0.26%), Pinnacle Associates Ltd. (0.23%) and Pinnacle Associates Ltd. (0.23%). Insiders that own company stock include Dwight B Duke, Patricia Higgins, Richard K Sykes, Sharon Villaverde, Steven E Nielsen and Timothy R Estes. 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 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 $88.70. How much money does Dycom Industries make? Dycom Industries (NYSE:DY) has a market capitalization of $2.61 billion and generates $3.13 billion in revenue each year. The construction company earns $48.57 million in net income (profit) each year or $3.94 on an earnings per share basis. How many employees does Dycom Industries have? The company employs 15,024 workers across the globe. 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 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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