NYSE:DY - Dycom Industries Stock Price, Price Target & More

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

Dycom Industries declared that its Board of Directors has authorized a stock buyback program on Wednesday, April 12th 2017, which allows the company to repurchase $75,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

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

Dycom Industries is scheduled to release their next quarterly earnings announcement on Tuesday, August, 28th 2018. View Earnings Estimates for Dycom Industries.

Dycom Industries updated its FY19 earnings guidance on Tuesday, May, 22nd. The company provided earnings per share guidance of $4.26-5.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.71. The company issued revenue guidance of $3.23-3.43 billion, compared to the consensus revenue estimate of $3.39 billion.Dycom Industries also updated its Q2 guidance to $1.13-1.28 EPS.

10 brokerages have issued 12 month price objectives for Dycom Industries' stock. Their predictions range from $100.00 to $140.00. On average, they expect Dycom Industries' stock price to reach $115.40 in the next twelve months. 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 been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dycom Industries earned a coverage optimism score of 0.03 on Accern's scale. They also gave news stories about the construction company an impact score of 44.15 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Dycom Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include RE Advisers Corp (5.06%), Dimensional Fund Advisors LP (2.96%), Schroder Investment Management Group (1.76%), Northern Trust Corp (1.66%), 12th Street Asset Management Company LLC (1.26%) and OppenheimerFunds Inc. (1.20%). Company insiders that own Dycom Industries stock include H Andrew Deferrari, Kimberly L Dickens, Patricia Higgins, Rebecca Brightly Roach, Richard B Vilsoet, Richard K Sykes, Thomas G Baxter and Timothy R Estes. View Institutional Ownership Trends for Dycom Industries.

DY stock was sold by a variety of institutional investors in the last quarter, including Maplelane Capital LLC, RE Advisers Corp, Tygh Capital Management Inc., Guggenheim Capital LLC, Cortina Asset Management LLC, WCM Investment Management CA, PNC Financial Services Group Inc. and M&T Bank Corp. View Insider Buying and Selling for Dycom Industries.

DY stock was acquired by a variety of institutional investors in the last quarter, including Carillon Tower Advisers Inc., American Century Companies Inc., Schroder Investment Management Group, Next Century Growth Investors LLC, 12th Street Asset Management Company LLC, Oppenheimer Asset Management Inc., Point72 Asset Management L.P. and Schwab Charles Investment Management Inc.. 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 $97.70.

Dycom Industries has a market capitalization of $3.08 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]