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MYRG Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
479.100
Open
478.060
VWAP
467.30
Vol
316.96K
Mkt Cap
7.24B
Low
457.734
Amount
148.12M
EV/EBITDA(TTM)
27.96
Total Shares
15.57M
EV
7.30B
EV/OCF(TTM)
22.27
P/S(TTM)
1.96
MYR Group Inc. is a holding company. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. It operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. It also provides restoration services in response to hurricanes, ice storms or other storm related events. Its C&I segment provides services including design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting, signalization and electric vehicle charging infrastructure.
Show More

Events Timeline

(ET)
2026-05-27
16:30:00
Prospect Capital Sells Valley Electric for Approximately $328M
select
2026-05-27
16:20:00
MYR Group to Acquire Valley Holdings for Approximately $328M
select
2026-04-29 (ET)
2026-04-29
16:20:00
Company Reports Q1 Revenue of $1.0B, Exceeding Expectations
select

News

seekingalpha
8.5
05-27seekingalpha
MYR Group Acquires Valley Holdings for $328M
  • Acquisition Scale: MYR Group announced its agreement to acquire Valley Holdings and its subsidiaries, including Valley Electric and Comet Electric, for approximately $328 million, further solidifying its position in the electrical contracting market.
  • Market Leadership: Valley Electric is one of the largest full-service electrical contractors in the western U.S., with combined average annual revenues exceeding $400 million over the past two years, indicating strong market demand and business potential.
  • Business Expansion Strategy: The acquisition is expected to enhance MYR Group's commercial and industrial service capabilities, expand its geographic reach, and provide additional services to both new and existing customers, thereby improving market competitiveness.
  • Management Outlook: MYR Group President and CEO Rick Swartz stated that this acquisition will further strengthen the company's market position, reflecting confidence in future growth and strategic planning.
Yahoo Finance
6.5
05-21Yahoo Finance
Analysis of Potential and Risks in Small-Cap Stocks
  • ABM Company Risks: ABM Industries, with a market cap of $2.28 billion, has seen organic revenue growth fall short over the past two years, indicating a need for improvements in products, pricing, or go-to-market strategies, while its annual EPS decline of 2.4% raises concerns about future stock performance.
  • Cash Flow Pressure: With a free cash flow margin of only 1.9% over the last five years, ABM faces constraints in self-funding growth or returning capital to shareholders, increasing investment risks.
  • PAR Technology Challenges: PAR Technology, valued at $606.7 million, is experiencing significant cash burn, leading to negative returns on capital and a forward P/E ratio of 20, suggesting investors should proceed with caution.
  • MYR Group Outlook: MYR Group, with a market cap of $6.86 billion, boasts a 32.6% growth in EPS over the past two years and a 4.5 percentage point increase in free cash flow margin, indicating strong growth potential in the electrical construction sector, making it a stock to watch.
NASDAQ.COM
2.0
05-04NASDAQ.COM
MYR Group (MYRG) Q3 2025 Earnings Transcript
NASDAQ.COM
2.0
05-04NASDAQ.COM
MYR Group (MYRG) Q2 2025 Earnings Transcript
Yahoo Finance
9.5
05-03Yahoo Finance
MYR Group Shares Surge 5% After Strong Q1 2026 Financial Results
  • Strong Financial Performance: MYR Group's gross margin increased to 13.4% in Q1 2026 from 11.6% a year earlier, driven by undertaking more high-margin projects and better-than-expected productivity, indicating enhanced competitiveness in the market.
  • Improved Profitability Across Divisions: The Transmission & Distribution (T&D) operating income margin rose to 9.7% from 7.8%, while the Commercial & Industrial (C&I) margin increased from 4.7% to 8.1%, demonstrating significant profitability improvements across all business segments.
  • Positive Market Reaction: Despite MYR Group's stock being quite volatile with 17 moves greater than 5% in the past year, today's 5% increase indicates a positive market response to the earnings report, although it does not fundamentally alter perceptions of the company's business.
  • Significant Investment Returns: MYR Group's stock has surged 90% since the beginning of the year, reaching a new 52-week high of $430.79 per share, with investors who bought $1,000 worth of shares five years ago now seeing their investment grow to $5,295, reflecting the company's strong long-term growth potential.
seekingalpha
9.5
04-30seekingalpha
MYR Group Reports Record Q1 2026 Earnings with Increased Margin Targets
  • Significant Revenue Growth: MYR Group reported Q1 2026 revenues of $1 billion, reflecting a $167 million increase or 20% year-over-year, demonstrating strong performance in infrastructure investment and customer relationship expansion, thereby solidifying its market position.
  • Record Net Income: The first quarter net income reached $47 million, with a diluted earnings per share of $2.99, indicating the company's success in cost control and operational efficiency, which enhances investor confidence.
  • Historic Backlog: As of March 31, 2026, total backlog hit a record $2.84 billion, with $981 million in the T&D segment and $1.86 billion in the C&I segment, indicating substantial future growth potential.
  • Increased Margin Expectations: Management raised margin targets for C&I and T&D to 6%-9% and 8%-11%, respectively, forecasting approximately 12% overall revenue growth for 2026, reflecting a positive outlook on future market demand.
Wall Street analysts forecast MYRG stock price to rise
4 Analyst Rating
Wall Street analysts forecast MYRG stock price to rise
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
237.00
Averages
266.00
High
295.00
Current: 0.000
sliders
Low
237.00
Averages
266.00
High
295.00
Clear Street
Tim Moore
Buy
maintain
$400 -> $500
AI Analysis
2026-05-12
Reason
Clear Street
Tim Moore
Price Target
$400 -> $500
AI Analysis
2026-05-12
maintain
Buy
Reason
Clear Street analyst Tim Moore raised the firm's price target on MYR Group to $500 from $400 and keeps a Buy rating on the shares. MYR has "entered the largest growth cycle in the company's history," says the analyst, who argues that the company's growing backlog and additional phases of projects for recurring customers provides visibility into 2028.
Stifel
Brian Brophy
Buy
maintain
$351 -> $503
2026-05-04
Reason
Stifel
Brian Brophy
Price Target
$351 -> $503
2026-05-04
maintain
Buy
Reason
Stifel analyst Brian Brophy raised the firm's price target on MYR Group to $503 from $351 and keeps a Buy rating on the shares. The firm notes Q1 was above expectations, driven by a better-than-expected top line and, particularly, margin performance in both segments. Following strong margin performance, the company raised long-term expectations for margins in both segments, Stifel adds.
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Valuation Metrics

The current forward P/E ratio for MYR Group Inc (MYRG.O) is 17.39, compared to its 5-year average forward P/E of 26.84. For a more detailed relative valuation and DCF analysis to assess MYR Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
26.84
Current PE
17.39
Overvalued PE
46.97
Undervalued PE
6.71

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.19
Current EV/EBITDA
20.32
Overvalued EV/EBITDA
16.35
Undervalued EV/EBITDA
8.04

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.67
Current PS
1.63
Overvalued PS
0.85
Undervalued PS
0.49

Financials

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Whales Holding MYRG

H
Hawk Ridge Capital Management LP
Holding
MYRG
+16.26%
3M Return
A
Algert Global LLC
Holding
MYRG
+11.02%
3M Return

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Frequently Asked Questions

What is MYR Group Inc (MYRG) stock price today?

The current price of MYRG is 465.06 USD — it has decreased -2.9

What is MYR Group Inc (MYRG)'s business?

MYR Group Inc. is a holding company. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. It operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. It also provides restoration services in response to hurricanes, ice storms or other storm related events. Its C&I segment provides services including design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting, signalization and electric vehicle charging infrastructure.

What is the price predicton of MYRG Stock?

Wall Street analysts forecast MYRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MYRG is266.00 USD with a low forecast of 237.00 USD and a high forecast of 295.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MYR Group Inc (MYRG)'s revenue for the last quarter?

MYR Group Inc revenue for the last quarter amounts to 1.00B USD, increased 20.00

What is MYR Group Inc (MYRG)'s earnings per share (EPS) for the last quarter?

MYR Group Inc. EPS for the last quarter amounts to 2.99 USD, increased 106.21

How many employees does MYR Group Inc (MYRG). have?

MYR Group Inc (MYRG) has 9000 emplpoyees as of May 30 2026.

What is MYR Group Inc (MYRG) market cap?

Today MYRG has the market capitalization of 7.24B USD.