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MYRG logo

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
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
438.230
Open
435.930
VWAP
434.59
Vol
205.05K
Mkt Cap
6.82B
Low
427.670
Amount
89.11M
EV/EBITDA(TTM)
25.51
Total Shares
15.57M
EV
6.67B
EV/OCF(TTM)
20.32
P/S(TTM)
1.79
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)
2026-04-29
16:20:00
Company Reports Q1 Revenue of $1.0B, Exceeding Expectations
select

News

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.
Newsfilter
9.5
04-15Newsfilter
MYR Group to Release Q1 2026 Results on April 29
  • Earnings Release Schedule: MYR Group plans to release its Q1 2026 financial results on April 29, 2026, after market close, which will showcase its performance in the electric utility and industrial construction sectors, potentially impacting investor confidence.
  • Conference Call Details: The company will hold a conference call on April 30, 2026, at 8 a.m. Mountain Time to discuss the results, requiring participants to register in advance to receive dial-in information, ensuring smooth communication of key financial insights.
  • Webcast Availability: The call will be simultaneously webcast, allowing investors to access the audio live through MYR Group's website, with a replay available for seven days, enhancing transparency and investor engagement.
  • Company Background Overview: MYR Group operates as a leading electrical contractor, offering a wide range of services including transmission, distribution, and clean energy projects, serving utilities, government agencies, and industrial facilities, underscoring its significant market position.
CNBC
4.5
03-24CNBC
Industrials Post Best Start in 25 Years, Outlook Ahead
  • Strong Sector Performance: In 2026, industrials have emerged as a star in the stock market, with the State Street Industrial Select Sector SPDR ETF (XLI) rallying over 5% year-to-date, showcasing robust market demand among the S&P 500 sectors.
  • Significant Stock Gains: Among the top 20 stocks by market cap, 14 have risen this year, with GE Vernova up 37%, Caterpillar up 25%, and Lockheed Martin up 26%, reflecting a strong recovery in the sector and increased investor confidence.
  • Market Challenges Intensify: Despite the strong performance of industrials, the S&P 500 index has declined nearly 4% due to geopolitical risks and ongoing concerns in artificial intelligence and private credit, highlighting the complexity and uncertainty of the market environment.
  • Cautious Future Growth: Trivariate Research notes that industrials are trading at a forward price-to-earnings ratio of about 24, indicating high valuations, and future earnings revisions are necessary to sustain current performance, adding to investor scrutiny and challenges.
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
Stifel
Brian Brophy
Buy
maintain
$351 -> $503
AI Analysis
2026-05-04
Reason
Stifel
Brian Brophy
Price Target
$351 -> $503
AI Analysis
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.
Kansas City Capital
Jon Braatz
Outperform
to
Perform
downgrade
2026-05-04
Reason
Kansas City Capital
Jon Braatz
Price Target
2026-05-04
downgrade
Outperform
to
Perform
Reason
Kansas City Capital analyst Jon Braatz downgraded MYR Group to Perform from Outperform.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MYRG
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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 26.86. 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
26.86
Current PE
17.39
Overvalued PE
46.98
Undervalued PE
6.74

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
12.06
Current EV/EBITDA
18.48
Overvalued EV/EBITDA
16.15
Undervalued EV/EBITDA
7.97

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
0.66
Current PS
1.49
Overvalued PS
0.81
Undervalued PS
0.50

Financials

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Whales Holding MYRG

H
Hawk Ridge Capital Management LP
Holding
MYRG
+15.73%
3M Return
A
Algert Global LLC
Holding
MYRG
+13.40%
3M Return
N
Next Century Growth Investors LLC
Holding
MYRG
+9.03%
3M Return

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Frequently Asked Questions

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

The current price of MYRG is 437.86 USD — it has increased 2.45

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 10 2026.

What is MYR Group Inc (MYRG) market cap?

Today MYRG has the market capitalization of 6.82B USD.