MYRG icon

MYR Group

174.93 USD
-0.69
0.39%
At close Updated Sep 15, 12:05 PM EDT
1 day
-0.39%
5 days
-2.14%
1 month
-3.36%
3 months
6.57%
6 months
45.17%
Year to date
18.29%
1 year
76.77%
5 years
396.68%
10 years
551.51%
 

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 7,463 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

240% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 25

150% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 5 (+3) [Q2]

89% more call options, than puts

Call options by funds: $2.23M | Put options by funds: $1.18M

52% more capital invested

Capital invested by funds: $1.82B [Q1] → $2.77B (+$942M) [Q2]

21% more funds holding

Funds holding: 263 [Q1] → 318 (+55) [Q2]

4.27% more ownership

Funds ownership: 93.84% [Q1] → 98.11% (+4.27%) [Q2]

19% less repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 113

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$202
15% upside
Avg. target
$205
17% upside
High target
$211
21% upside

5 analyst ratings

positive
60%
neutral
40%
negative
0%
Jefferies
Julien Dumoulin-Smith
$202
Hold
Initiated
15 Aug 2025
Goldman Sachs
Ati Modak
$205
Neutral
Maintained
7 Aug 2025
Keybanc
Sangita Jain
$211
Overweight
Maintained
1 Aug 2025
Keybanc
Eric Heath
$205
Overweight
Maintained
16 Jul 2025
Stifel
Brian Brophy
$204
Buy
Maintained
11 Jul 2025

Financial journalist opinion

Based on 3 articles about MYRG published over the past 30 days

Neutral
GlobeNewsWire
19 days ago
MYR Group Inc. Announces Appointment of New Board Member
THORNTON, Colo., Aug. 26, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group” or the “Company”) (NASDAQ: MYRG), announced today the appointment of Aurelie Richard to the Company's Board of Directors (the “Board”), effective August 26, 2025. Ms. Richard will serve as a director and on the Board's Audit Committee.
MYR Group Inc. Announces Appointment of New Board Member
Neutral
GlobeNewsWire
25 days ago
MYR Group Inc. to Attend D.A. Davidson 24th Annual Diversified Industrials & Services Conference in September
THORNTON, Colo., Aug. 20, 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 D.A. Davidson 24th Annual Diversified Industrials & Services investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the D.A. Davidson 24th Annual Diversified Industrials & Services Conference on Friday, Sept. 19, 2025, in Nashville, Tenn. This event is only available to D.A. Davidson clients.
MYR Group Inc. to Attend D.A. Davidson 24th Annual Diversified Industrials & Services Conference in September
Neutral
GlobeNewsWire
27 days ago
MYR Group Inc. to Participate in KeyBanc Taking Charge: Energy Transition Symposium in September
THORNTON, Colo., Aug. 18, 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 KeyBanc Taking Charge: Energy Transition Symposium investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the KeyBanc Taking Charge: Energy Transition Symposium on Thursday, Sept. 18, 2025. This event is only available to KeyBanc clients.
MYR Group Inc. to Participate in KeyBanc Taking Charge: Energy Transition Symposium in September
Positive
Zacks Investment Research
1 month ago
Is MYR Group (MYRG) Stock Outpacing Its Utilities Peers This Year?
Here is how MYR Group (MYRG) and Telenor ASA (TELNY) have performed compared to their sector so far this year.
Is MYR Group (MYRG) Stock Outpacing Its Utilities Peers This Year?
Neutral
Seeking Alpha
1 month ago
MYR Group Inc. (MYRG) Q2 2025 Earnings Call Transcript
MYR Group Inc. (NASDAQ:MYRG ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Brian K. Stern - Senior VP & COO of Transmission & Distribution Don A.
MYR Group Inc. (MYRG) Q2 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
MYR Group (MYRG) Tops Q2 Earnings and Revenue Estimates
MYR Group (MYRG) came out with quarterly earnings of $1.7 per share, beating the Zacks Consensus Estimate of $1.56 per share. This compares to a loss of $0.91 per share a year ago.
MYR Group (MYRG) Tops Q2 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
MYR Group Inc. Announces Second Quarter and First Half 2025 Results
THORNTON, Colo., July 30, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR or the "Company”) (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 second quarter and first half 2025 financial results.
MYR Group Inc. Announces Second Quarter and First Half 2025 Results
Positive
Zacks Investment Research
1 month ago
MYR Group to Release Q2 Earnings: What's in Store for the Stock?
MYRG's second-quarter earnings per share are expected to increase by 271%, fueled by data centers, clean energy and expanding market momentum.
MYR Group to Release Q2 Earnings: What's in Store for the Stock?
Neutral
GlobeNewsWire
2 months ago
MYR Group Inc. Announces Second Quarter 2025 Earnings Release and Conference Call Schedule
THORNTON, Colo., July 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 second quarter 2025 results on Wednesday, July 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, July 31, 2025, at 8 a.m. Mountain Time.
MYR Group Inc. Announces Second Quarter 2025 Earnings Release and Conference Call Schedule
Neutral
GlobeNewsWire
2 months ago
MYR Group Inc. Subsidiary Awarded Design-Build Electric Distribution Master Service Agreement with Xcel Energy
THORNTON, Colo., July 14, 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 that an MYR Group subsidiary has executed a five-year Design-Build Electric Distribution Master Service Agreement (MSA) with Xcel Energy Inc. (Xcel Energy). The MSA includes turnkey, design-build distribution services including, permitting, right of way, public outreach, design and construction in Xcel Energy's service territories across multiple states. The contract is effective through 2029, and it is anticipated that work under this MSA will be in excess of $500 million over the five-year period.
MYR Group Inc. Subsidiary Awarded Design-Build Electric Distribution Master Service Agreement with Xcel Energy
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