Dycom Industries Stock Forecast, Price & News

Dycom Industries' stock was trading at $18.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DY shares have increased by 398.2% and is now trading at $89.88.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dycom Industries in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Dycom Industries stock.
View analyst ratings for Dycom Industries or view MarketBeat's top 5 stock picks.

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48 employees have rated Dycom Industries CEO Steven E. Nielsen on Glassdoor.com. Steven E. Nielsen has an approval rating of 59% among Dycom Industries' employees. This puts Steven E. Nielsen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Dycom Industries is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Dycom Industries.

Dycom Industries, Inc. (NYSE:DY) announced its quarterly earnings results on Monday, November, 23rd. The construction company reported $1.06 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.05 by $0.01. The construction company earned $810.26 million during the quarter, compared to analysts' expectations of $821.88 million. Dycom Industries had a net margin of 0.86% and a trailing twelve-month return on equity of 8.77%.
View Dycom Industries' earnings history.

8 brokerages have issued 12-month price targets for Dycom Industries' stock. Their forecasts range from $35.00 to $97.00. On average, they anticipate Dycom Industries' share price to reach $72.14 in the next year. This suggests that the stock has a possible downside of 19.7%.
View analysts' price targets for Dycom Industries or view Wall Street analyst' top-rated stocks.

Dycom Industries saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,640,000 shares, an increase of 16.3% from the December 15th total of 1,410,000 shares. Based on an average daily volume of 409,000 shares, the short-interest ratio is presently 4.0 days. Currently, 5.4% of the company's stock are sold short.
View Dycom Industries' Short Interest.

Some companies that are related to Dycom Industries include Jacobs Engineering Group (JEC), Quanta Services (PWR), AECOM (ACM), MasTec (MTZ), EMCOR Group (EME), KBR (KBR), Fluor (FLR), Ameresco (AMRC), Comfort Systems USA (FIX), Granite Construction (GVA), Primoris Services (PRIM), MYR Group (MYRG), Great Lakes Dredge & Dock (GLDD), Tutor Perini (TPC) and Argan (AGX).
View all of DY's competitors.

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), The Walt Disney (DIS), Micron Technology (MU), AT&T (T), Cisco Systems (CSCO) and Intel (INTC).

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

Dycom Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.78%), Peregrine Capital Management LLC (0.48%), Scout Investments Inc. (0.35%), Asset Advisors Investment Management LLC (0.08%), Sheets Smith Wealth Management (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Dycom Industries stock include Patricia Higgins, Steven E Nielsen 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 Peregrine Capital Management LLC, Smith Graham & Co. Investment Advisors LP, Pacer Advisors Inc., Crossmark Global Holdings Inc., and State of Alaska Department of Revenue. Company insiders that have sold Dycom Industries company stock in the last year include Patricia Higgins, Steven E Nielsen, and Timothy R Estes.
View insider buying and selling activity for Dycom Industries or view top insider-selling stocks.

DY stock was bought by a variety of institutional investors in the last quarter, including Sheets Smith Wealth Management, Kestra Advisory Services LLC, Scout Investments Inc., Asset Advisors Investment Management LLC, and International Assets Investment Management LLC.
View insider buying and selling activity for Dycom Industries or or view top insider-buying stocks.

Shares of DY 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.

One share of DY stock can currently be purchased for approximately $89.88.

Dycom Industries has a market capitalization of $2.87 billion and generates $3.34 billion in revenue each year. The construction company earns $57.22 million in net income (profit) each year or $2.27 on an earnings per share basis. Dycom Industries employs 15,230 workers across the globe.

The official website for Dycom Industries is 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]