MYR GroupMYRG
MYRG
About: 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.
Employees: 8,500
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
123% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $791K
0% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 39
2% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 97
1% less funds holding
Funds holding: 265 [Q4 2024] → 262 (-3) [Q1 2025]
1.93% less ownership
Funds ownership: 95.7% [Q4 2024] → 93.77% (-1.93%) [Q1 2025]
21% less capital invested
Capital invested by funds: $2.3B [Q4 2024] → $1.82B (-$475M) [Q1 2025]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 2 (-2) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$153
17%
downside
Avg. target
$172
7%
downside
High target
$204
11%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
Stifel Brian Brophy | 11%upside $204 | Buy Maintained | 11 Jul 2025 |
Goldman Sachs Ati Modak | 9%downside $168 | Neutral Downgraded | 6 Jun 2025 |
Piper Sandler Kashy Harrison | 17%downside $153 | Neutral Maintained | 27 May 2025 |
Keybanc Sangita Jain | 11%downside $163 | Overweight Maintained | 2 May 2025 |
Baird Justin Hauke | 7%downside $170 | Outperform Maintained | 1 May 2025 |
Financial journalist opinion
Based on 3 articles about MYRG published over the past 30 days
Positive
Zacks Investment Research
1 week ago
3 Top Artificial Intelligence (AI) Stocks to Buy Not Named Nvidia
Digging into three highly-ranked Zacks stocks benefiting directly from the artificial intelligence spending boom to consider buying in July, not named Nvidia.
Positive
Zacks Investment Research
2 weeks ago
4 Stock Market Winners Now With Relative Price Strength
PEGA, MYRG, DAVE and FERG are standing out with strong relative price strength and bullish earnings revisions.
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in MYR Group Stock?
Investors need to pay close attention to MYRG stock based on the movements in the options market lately.
Positive
Zacks Investment Research
1 month ago
What Makes MYR (MYRG) a New Strong Buy Stock
MYR (MYRG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Zacks Investment Research
1 month ago
New Strong Buy Stocks for June 9th
SSP, MYRG, SWDBY, PSTL and PKST have been added to the Zacks Rank #1 (Strong Buy) List on June 9, 2025.
Neutral
GlobeNewsWire
1 month ago
MYR Group Inc. to Attend 2025 Wells Fargo Industrials & Materials Conference in June
THORNTON, Colo., May 12, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the 2025 Wells Fargo Industrials & Materials investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the 2025 Wells Fargo Industrials & Materials Conference on Thursday, June 12, 2025, in Chicago. This event is only available to Wells Fargo clients.
Neutral
GlobeNewsWire
2 months ago
MYR Group Inc. to Attend Stifel 2025 Boston Cross Sector 1x1 Conference in June
THORNTON, Colo., May 05, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Stifel 2025 Boston Cross Sector 1x1 investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Stifel 2025 Boston Cross Sector 1x1 Conference on Tuesday, June 3, 2025, in Boston. This event is only available to Stifel clients.
Neutral
GlobeNewsWire
2 months ago
MYR Group Inc. to Attend Bernstein's Annual Strategic Decisions Conference in May
THORNTON, Colo., May 01, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend Bernstein's Annual Strategic Decisions investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during Bernstein's 41st Annual Strategic Decisions Conference on Friday, May 30, 2025, in New York City. This event is only available to Bernstein clients.
Neutral
Seeking Alpha
2 months ago
MYR Group Inc. (MYRG) Q1 2025 Earnings Call Transcript
MYR Group Inc. (NASDAQ:MYRG ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Jennifer Harper - Vice President, Investor Relations Rick Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President & Chief Financial Officer Brian Stern - Senior Vice President & Chief Operating Officer, Transmission & Distribution Segment Don Egan - Senior Vice President & Chief Operating Officer, Commercial & Industrial Segment Conference Call Participants Atidrip Modak - Goldman Sachs Sangita Jain - KeyBanc Jonathan Braatz - KCCA Justin Hauke - Baird Brian Brophy - Stifel Operator Good morning, everyone and welcome to the MYR Group First Quarter 2025 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
2 months ago
MYR Group (MYRG) Q1 Earnings and Revenues Surpass Estimates
MYR Group (MYRG) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.12 per share a year ago.
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