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 has authorized a stock buyback program on Wednesday, April 12th 2017, which allows the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

Dycom Industries, Inc. (NYSE:DY) posted its earnings results on Tuesday, May, 22nd. The construction company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.04. The construction company earned $731.40 million during 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 company's quarterly revenue was down 7.0% on a year-over-year basis. During the same period last 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 EPS guidance of $4.26-5.15 for the period, compared to the Thomson Reuters consensus 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 Wall Street analysts have issued twelve-month price objectives for Dycom Industries' stock. Their forecasts range from $100.00 to $140.00. On average, they anticipate Dycom Industries' share price to reach $115.40 in the next year. 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).

Media stories about DY stock have trended somewhat positive this week, Accern reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Dycom Industries earned a media sentiment score of 0.08 on Accern's scale. They also gave media stories about the construction company an impact score of 45.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Dycom Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders 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 $95.37.

Dycom Industries has a market capitalization of $3.05 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]