NYSE:DY - Dycom Industries Stock Price, News, Headlines & Rumors

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

Dycom Industries declared that its board has authorized a share buyback plan on Wednesday, April 12th 2017, which permits the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Tuesday, May, 22nd. The construction company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.69 by $0.04. The construction company had revenue of $731.40 million for the quarter, compared to analysts' expectations of $734.89 million. Dycom Industries had a net margin of 4.44% and a return on equity of 14.59%. Dycom Industries's revenue was down 7.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 EPS. View Dycom Industries' Earnings History.

Dycom Industries is scheduled to release their next quarterly earnings announcement on Wednesday, August, 29th 2018. View Earnings Estimates for Dycom Industries.

Dycom Industries updated its FY19 earnings guidance on Monday, August, 13th. The company provided EPS guidance of $2.62-3.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.63. The company issued revenue guidance of $3.01-3.11 billion, compared to the consensus revenue estimate of $3.33 billion.Dycom Industries also updated its Q2 guidance to $1.05-1.08 EPS.

10 brokerages have issued 12-month target prices for Dycom Industries' shares. Their predictions range from $75.00 to $140.00. On average, they expect Dycom Industries' share price to reach $103.30 in the next twelve months. This suggests a possible upside of 35.5% from the stock's current price. View Analyst Price Targets for Dycom Industries.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dycom Industries.

Some companies that are related to Dycom Industries include MasTec (MTZ), Primoris Services (PRIM), Aegion (AEGN), MYR Group (MYRG) and Preformed Line Products (PLPC).

Press coverage about DY stock has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dycom Industries earned a daily sentiment score of 0.18 on Accern's scale. They also assigned news articles about the construction company an impact score of 46.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Dycom Industries.

Dycom Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include RE Advisers Corp (4.01%), Dimensional Fund Advisors LP (2.94%), Advisors Asset Management Inc. (2.52%), Schroder Investment Management Group (2.30%), Glenmede Trust Co. NA (2.03%) and Bank of New York Mellon Corp (1.51%). Company insiders that own Dycom Industries stock include Patricia Higgins, Rebecca Brightly Roach, Richard B Vilsoet 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 RE Advisers Corp, Waddell & Reed Financial Inc., Aristotle Capital Boston LLC, Keybank National Association OH, Maplelane Capital LLC, Scout Investments Inc., First Republic Investment Management Inc. and Carillon Tower Advisers Inc.. View Insider Buying and Selling for Dycom Industries.

DY stock was bought by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Schroder Investment Management Group, Zweig DiMenna Associates LLC, Delek Group Ltd., Glenmede Trust Co. NA, OppenheimerFunds Inc., American Century Companies Inc. and Chartwell Investment Partners LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of DY stock can currently be purchased for approximately $76.24.

Dycom Industries has a market capitalization of $2.80 billion and generates $3.07 billion in revenue each year. Dycom Industries employs 14,225 workers across the globe.

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]