MYR GroupMYRG
MYRG
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
125% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $1.07M
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
51% more capital invested
Capital invested by funds: $1.52B [Q3] → $2.3B (+$778M) [Q4]
22% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 83
4.75% more ownership
Funds ownership: 88.64% [Q3] → 93.4% (+4.75%) [Q4]
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
2% less funds holding
Funds holding: 268 [Q3] → 263 (-5) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$124
1%
upside
Avg. target
$139
14%
upside
High target
$159
30%
upside
5 analyst ratings
4 positive
80%
1 neutral
20%
0 negative
0%
Goldman Sachs Ati Modak 50% 1-year accuracy 2 / 4 met price target | 19%upside $145 | Buy Maintained | 24 Apr 2025 |
Stifel Brian Brophy 41% 1-year accuracy 12 / 29 met price target | 7%upside $131 | Buy Maintained | 9 Apr 2025 |
Piper Sandler Kashy Harrison 33% 1-year accuracy 13 / 40 met price target | 1%upside $124 | Neutral Initiated | 8 Apr 2025 |
Keybanc Sangita Jain 36% 1-year accuracy 17 / 47 met price target | 11%upside $136 | Overweight Upgraded | 14 Mar 2025 |
Baird Justin Hauke 50% 1-year accuracy 4 / 8 met price target | 30%upside $159 | Outperform Maintained | 27 Feb 2025 |
Financial journalist opinion
Based on 8 articles about MYRG published over the past 30 days
Positive
Zacks Investment Research
3 hours 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.

Neutral
GlobeNewsWire
6 hours ago
MYR Group Inc. Announces First Quarter 2025 Results
THORNTON, Colo., April 30, 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 today its first quarter 2025 financial results.

Neutral
GlobeNewsWire
1 day ago
MYR Group Inc. to Attend Bank of America Power, Utilities & Alternative Energy Conference in May
THORNTON, Colo., April 29, 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 Bank of America Power, Utilities & Alternative Energy investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Bank of America Power, Utilities & Alternative Energy Conference on Thursday, May 29, 2025, in New York City. This event is only available to Bank of America clients.

Neutral
GlobeNewsWire
2 days ago
MYR Group Inc. to Attend KeyBanc Industrials & Basic Materials Conference in May
THORNTON, Colo., April 28, 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 KeyBanc Industrials & Basic Materials investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the KeyBanc Industrials & Basic Materials Conference on Wednesday, May 28, 2025, in Boston. This event is only available to KeyBanc clients.

Positive
Zacks Investment Research
1 week ago
MYR Group (MYRG) Earnings Expected to Grow: Should You Buy?
MYR (MYRG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Positive
Zacks Investment Research
1 week ago
Why MYR (MYRG) is Poised to Beat Earnings Estimates Again
MYR (MYRG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Neutral
GlobeNewsWire
2 weeks ago
MYR Group Inc. Announces First Quarter 2025 Earnings Release and Conference Call Schedule
THORNTON, Colo., April 16, 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 release its first quarter 2025 results on Wednesday, April 30, 2025, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, May 1, 2025, at 8 a.m. Mountain Time.

Neutral
GlobeNewsWire
2 weeks ago
MYR Group Inc. to Participate in Oppenheimer Annual Industrial Growth Conference in May
THORNTON, Colo., April 15, 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 participate in the Oppenheimer Annual Industrial Growth investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the Oppenheimer 20th Annual Industrial Growth Conference on Tuesday, May 6, 2025. This event is only available to Oppenheimer clients.

Positive
Seeking Alpha
2 months ago
MYR Group Can See Large Tailwinds From AI Data Center Expansions
MYR Group Inc. faced a -7.73% YOY revenue decline in FY24 due to renewable energy project challenges but is poised for growth with data center construction and manufacturing reshoring catalysts. MYR Group may realize improved revenue growth operating margins going forward following the mechanical completion of these renewable projects. Management issued a $75mm MYRG share repurchase program in Q4 '24 with the expectations of improved free cash flow in eFY25.

Neutral
Seeking Alpha
2 months ago
MYR Group Inc. (MYRG) Q4 2024 Earnings Call Transcript
MYR Group Inc. (NASDAQ:MYRG ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President & Chief Financial Officer Brian Stern - Senior Vice President and Chief Operating Officer, Transmission & Distribution Segment Don Egan - Senior Vice President & Chief Operating Officer, Commercial & Industrial Segment Conference Call Participants Sangita Jain - KeyBanc Justin Hauke - Baird Ati Modak - Goldman Sachs Jon Braatz - KCCA Brian Brophy - Stifel Operator Good morning, everyone, and welcome to the MYR Group Fourth Quarter 2024 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.

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