NYSE:DY - Dycom Industries Stock Price, Forecast & News

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

Dycom Industries announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 29th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Dycom Industries, Inc. (NYSE:DY) released its quarterly earnings data on Tuesday, November, 26th. The construction company reported $0.88 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.72 by $0.16. The construction company earned $884.10 million during the quarter, compared to analyst estimates of $848.19 million. Dycom Industries had a net margin of 1.68% and a return on equity of 9.87%. The firm's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.98 EPS. View Dycom Industries' Earnings History.

Dycom Industries is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Dycom Industries.

Dycom Industries will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokerages have issued twelve-month price objectives for Dycom Industries' shares. Their forecasts range from $50.00 to $65.00. On average, they expect Dycom Industries' stock price to reach $60.57 in the next twelve months. This suggests a possible upside of 41.8% from the stock's current price. View Analyst Price Targets for Dycom Industries.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dycom Industries.

Media coverage about DY stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dycom Industries earned a news impact score of 1.2 on InfoTrie's scale. They also gave press coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Dycom Industries.

Some companies that are related to Dycom Industries 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), Granite Construction (GVA), Primoris Services (PRIM), Ameresco (AMRC), Argan (AGX), Aegion (AEGN), Great Lakes Dredge & Dock (GLDD) and Tutor Perini (TPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Dycom Industries investors own include Broadcom (AVGO), Gilead Sciences (GILD), Micron Technology (MU), QUALCOMM (QCOM), NVIDIA (NVDA), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), Bank of America (BAC) and Lumentum (LITE).

Dycom Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Schroder Investment Management Group (2.27%), Geode Capital Management LLC (1.30%), Investment Counselors of Maryland LLC (1.22%), Charles Schwab Investment Management Inc. (1.16%), WCM Investment Management LLC (0.90%) and Chartwell Investment Partners LLC (0.85%). Company insiders that own Dycom Industries stock include Patricia Higgins and Richard K Sykes. View Institutional Ownership Trends for Dycom Industries.

DY stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Renaissance Technologies LLC, Phoenix Holdings Ltd., Chartwell Investment Partners LLC, Alliancebernstein L.P., Envestnet Asset Management Inc., Falcon Point Capital LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Dycom Industries.

DY stock was acquired by a variety of institutional investors in the last quarter, including Schonfeld Strategic Advisors LLC, Schroder Investment Management Group, WCM Investment Management LLC, Charles Schwab Investment Management Inc., Sei Investments Co., Aigen Investment Management LP, First Trust Advisors LP and Great West Life Assurance Co. Can. View Insider Buying and Selling for Dycom Industries.

Shares of DY 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 DY stock can currently be purchased for approximately $42.72.

Dycom Industries has a market capitalization of $1.35 billion and generates $3.13 billion in revenue each year. The construction company earns $62.91 million in net income (profit) each year or $2.78 on an earnings per share basis. Dycom Industries employs 14,920 workers across the globe.View Additional Information About Dycom Industries.

The official website for Dycom Industries is http://www.dycomind.com/.

Dycom Industries' mailing address is 11780 U.S. HIGHWAY 1 SUITE 600, PALM BEACH GARDENS FL, 33408. The construction company can be reached via phone at 561-627-7171 or via email at [email protected]