MYR Group/$MYRG

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About MYR Group

MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution networks and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

Ticker

$MYRG
Primary listing

Industry

Construction & Engineering

Employees

8,500

ISIN

US55405W1045

MYR Group Metrics

BasicAdvanced
$2.9B
86.78
$2.12
1.19
-

What the Analysts think about MYR Group

Analyst ratings (Buy, Hold, Sell) for MYR Group stock.

Bulls say / Bears say

MYR Group's Q1 2025 results exceeded expectations, with a significant 18.9% stock price surge following the announcement, indicating strong operational performance and investor confidence. (gurufocus.com)
The company's backlog increased by 9% in Q1 2025, suggesting robust demand and improved sales predictability for future quarters. (gurufocus.com)
Analysts maintain a 'Buy' rating on MYR Group, with Stifel setting a price target of $131, reflecting confidence in the company's growth prospects despite recent stock price adjustments. (investing.com)
As of January 31, 2025, MYR Group's P/E ratio stood at 74, significantly higher than industry peers, indicating potential overvaluation concerns. (marketsmojo.com)
The company's net income declined by 60% year-over-year, raising questions about profitability and operational efficiency. (fullratio.com)
MYR Group's debt increased by 68% year-over-year, which could impact financial flexibility and increase risk exposure. (fullratio.com)
Data summarised monthly by Lightyear AI. Last updated on 10 Jul 2025.

MYR Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MYR Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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 sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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