MYR Group/MYRG

$166.38

-1.76%
-
1D1W1MYTD1YMAX

About MYR Group

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, wildfire, ice 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.

Ticker

MYRG

Sector

Industrials

Trading on

NASDAQ

Industry

Construction Services

CEO

Richard Swartz

Employees

9,000

Headquarters

Thornton, United States

MYR Group Metrics

BasicAdvanced
$2.83B
Market cap
31.34
P/E ratio
$5.40
EPS
1.09
Beta
-
Dividend rate
$2.83B
1.09415
$181.02
$110.87
138.69K
1.373
4.53
5.927
43.563
30.83%
6.11%
15.02%
11.64%
31.34
0.778
4.339
6.29
21.12%
9.59%
17.48%
15.81%

What the Analysts think about MYR Group

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 4 analysts.
8.64% upside
High $188.00
Low $165.00
$166.38
Current price
$180.75
Average price target

MYR Group Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
2.39% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1B
6.89%
Net income
$24M
11.63%
Profit margin
2.39%
4.82%

MYR Group Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 4.54%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.38
$1.33
$1.28
$1.43
-
Expected
$1.01
$1.28
$1.30
$1.50
$1.21
Surprise
36.3%
3.91%
-1.79%
-4.54%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for MYR Group stock?

MYR Group (MYRG) has a market cap of $2.83B as of April 15, 2024.

What is the P/E ratio for MYR Group stock?

The price to earnings (P/E) ratio for MYR Group (MYRG) stock is 31.34 as of April 15, 2024.

Does MYR Group stock pay dividends?

No, MYR Group (MYRG) stock does not pay dividends to its shareholders as of April 15, 2024.

When is the next MYR Group dividend payment date?

MYR Group (MYRG) stock does not pay dividends to its shareholders.

What is the beta indicator for MYR Group?

MYR Group (MYRG) has a beta rating of 1.09. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the MYR Group stock price target?

The target price for MYR Group (MYRG) stock is $180.75, which is 8.64% above the current price of $166.38. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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