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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
274.270
Open
267.810
VWAP
268.89
Vol
353.52K
Mkt Cap
4.16B
Low
264.505
Amount
95.06M
EV/EBITDA(TTM)
17.74
Total Shares
15.54M
EV
4.07B
EV/OCF(TTM)
12.45
P/S(TTM)
1.15
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 a range of 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 emergency restoration services in response to, ice storms or other damage. Its C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting and signalization in the United States and western Canada.
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Events Timeline

(ET)
2026-02-25
16:30:00
MYR Reports Q4 Revenue of $973.5M, Beating Expectations
select

News

CNBC
8.0
03-08CNBC
Gen Z Shifts Towards Blue-Collar Careers Amid Job Market Changes
  • Attraction to Blue-Collar Jobs: An increasing number of young individuals, like James Vandall, are gravitating towards trades such as electrical work due to a newfound appreciation for hands-on careers, reflecting a reassessment of traditional college education amid rising higher education costs.
  • Surge in Electrician Demand: According to the U.S. Bureau of Labor Statistics, the median annual salary for electricians is $62,350, with a projected employment growth rate of 9% over the next decade, indicating strong demand and job stability in this sector.
  • Retirement Crisis Impact: Ian Andrews, VP of the National Electrical Contractors Association, highlights that approximately 20,000 electricians retire annually, while only 80,000 openings exist, leading to an unprecedented demand for skilled labor and driving wage increases.
  • Growth in Vocational Training: Enrollment at Rosedale Technical College has risen by 36% over the past five years, and apprenticeship applications have surged by 70% since 2022, demonstrating a growing interest among youth in short-term vocational training programs and recognition of blue-collar careers.
seekingalpha
9.5
02-26seekingalpha
MYR Group Inc. Reports Strong Q4 2025 Earnings and Growth Outlook
  • Strong Financial Performance: MYR Group reported Q4 2025 revenues of $974 million, a 17% increase year-over-year, with full-year revenues reaching $3.7 billion and net income of $118 million, highlighting robust demand for electrification infrastructure.
  • Healthy Backlog: The company's backlog stood at $2.8 billion at the end of 2025, driven by a healthy bidding environment and ongoing infrastructure investments, ensuring revenue stability for the coming years.
  • Margin Improvement: The gross margin for Q4 was 11.4%, up from 10.4% in the same period last year, primarily due to enhanced productivity and favorable project closeouts, demonstrating effective cost control and operational efficiency.
  • Positive Growth Outlook: Management anticipates approximately 10% revenue growth in 2026, emphasizing strategic investments in selective clients and diversified markets to mitigate potential risks from weather and project timing.
NASDAQ.COM
2.0
02-26NASDAQ.COM
MYR Group (MYRG) Q4 2025 Earnings Call Transcript
seekingalpha
9.5
02-25seekingalpha
MYR Group Q4 Earnings Exceed Expectations
  • Earnings Beat: MYR Group reported a Q4 GAAP EPS of $2.33, exceeding expectations by $0.55, which highlights the company's strong profitability and boosts investor confidence.
  • Significant Revenue Growth: The company achieved revenue of $973.54 million, a 17.3% year-over-year increase, surpassing market expectations by $75.81 million, indicating robust demand in the electrical infrastructure sector.
  • Positive Stock Reaction: Following the earnings report, MYR Group's shares rose by 2.7%, reflecting market optimism about the company's future growth potential and likely attracting more investor interest.
  • Strategic Value Drivers: MYR Group's strategic investments in expanding U.S. energy infrastructure are seen as value drivers, and while the valuation appears elevated, it still indicates potential for profit growth in the electrical contracting business.
Newsfilter
9.5
02-11Newsfilter
MYR Group to Release Q4 2025 Results on February 25, 2026
  • Earnings Release Schedule: MYR Group plans to announce its Q4 2025 financial results on February 25, 2026, after market close, demonstrating the company's commitment to transparency and investor communication.
  • Conference Call Details: The company will hold a conference call on February 26, 2026, at 8 a.m. Mountain Time to discuss the financial results, enhancing interaction with shareholders.
  • Participation Method: Investors must register in advance to join the conference call, receiving a confirmation email with dial-in numbers and a unique passcode, ensuring smooth participation.
  • Webcast Replay Availability: The audio-only webcast will be accessible from MYR Group's investor page, with a replay available for seven days, further improving information accessibility for stakeholders.
Globenewswire
1.0
2025-12-09Globenewswire
MYR Group to Attend 2026 Goldman Sachs Energy Conference
  • Goldman Sachs Conference Participation: MYR Group's CEO Rick Swartz and CFO Kelly Huntington will attend the Goldman Sachs Energy, CleanTech & Utilities Conference on January 7, 2026, in Aventura, Florida, aiming to connect with institutional investors and enhance market confidence.
  • Diverse Business Segments: MYR Group operates in the U.S. and Canada, providing specialized contracting services in electric utility infrastructure, commercial, and industrial construction through its Transmission & Distribution (T&D) and Commercial & Industrial (C&I) segments, ensuring competitiveness in the power industry.
  • Varied Clientele: The T&D and C&I segments serve a diverse clientele, including investor-owned utilities, cooperatives, private developers, and government-funded utilities, showcasing MYR Group's extensive influence in the electric infrastructure sector.
  • Integrated Technology and Services: MYR Group offers comprehensive services including design, engineering, procurement, construction, upgrades, maintenance, and repairs, ensuring a technological edge in clean energy projects and electric vehicle charging infrastructure, aligning with market demands for sustainability.
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
Buy
maintain
$262 -> $305
AI Analysis
2026-03-03
Reason
Stifel
Price Target
$262 -> $305
AI Analysis
2026-03-03
maintain
Buy
Reason
Stifel raised the firm's price target on MYR Group to $305 from $262 and keeps a Buy rating on the shares. The firm, which updated its estimates following Q4 earnings, believes large transmission awards could be a catalyst for the shares.
Goldman Sachs
Neutral
maintain
$248 -> $296
2026-03-03
Reason
Goldman Sachs
Price Target
$248 -> $296
2026-03-03
maintain
Neutral
Reason
Goldman Sachs raised the firm's price target on MYR Group to $296 from $248 and keeps a Neutral rating on the shares. Approximately 10% revenue growth is projected for 2026, with 10%-11% annual growth expected through 2030, supported by rising utility grid investment in T&D and expanding data center construction in C&I, the analyst tells investors in a research note. Margin expansion toward the high end of long-term targets is anticipated as operating leverage improves, with potential upside from large transmission awards, though much of the medium-term growth outlook appears reflected in the current valuation pending greater visibility on long-term guidance and major project timing, the firm says.
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Valuation Metrics

The current forward P/E ratio for MYR Group Inc (MYRG.O) is 26.54, compared to its 5-year average forward P/E of 27.24. 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
27.24
Current PE
26.54
Overvalued PE
47.63
Undervalued PE
6.86

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
11.64
Current EV/EBITDA
13.82
Overvalued EV/EBITDA
15.69
Undervalued EV/EBITDA
7.58

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
0.63
Current PS
0.92
Overvalued PS
0.74
Undervalued PS
0.51

Financials

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Whales Holding MYRG

H
Hawk Ridge Capital Management LP
Holding
MYRG
+6.69%
3M Return

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Frequently Asked Questions

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

The current price of MYRG is 267.9 USD — it has increased 0.22

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 a range of 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 emergency restoration services in response to, ice storms or other damage. Its C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting and signalization in the United States and western Canada.

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 973.54M USD, increased 17.32

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 2.33 USD, increased 135.35

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

MYR Group Inc (MYRG) has 9000 emplpoyees as of March 11 2026.

What is MYR Group Inc (MYRG) market cap?

Today MYRG has the market capitalization of 4.16B USD.