MYR Group (MYRG) Stock Price, News & Analysis

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MYR Group in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MYRG shares.
View MYRG analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month target prices for MYR Group's stock. Their MYRG share price targets range from $164.00 to $184.00. On average, they anticipate the company's stock price to reach $170.75 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for MYRG or view top-rated stocks among Wall Street analysts.

MYR Group's stock was trading at $144.63 at the start of the year. Since then, MYRG shares have increased by 10.5% and is now trading at $159.78.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our MYRG earnings forecast.

MYR Group will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

MYR Group Inc. (NASDAQ:MYRG) issued its quarterly earnings data on Wednesday, February, 28th. The utilities provider reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.02. The utilities provider earned $1 billion during the quarter, compared to the consensus estimate of $904.76 million. MYR Group had a trailing twelve-month return on equity of 14.80% and a net margin of 2.50%. The firm's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.46 earnings per share.

ETFs with the largest weight of MYR Group (NASDAQ:MYRG) stock in their portfolio include SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG), Invesco Dorsey Wright Industrials Momentum ETF (PRN), Invesco WilderHill Clean Energy ETF (PBW), Invesco S&P SmallCap Industrials ETF (PSCI), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Janus Henderson Small Cap Growth Alpha ETF (JSML) and Inspire Fidelis Multi Factor ETF (FDLS).

15 employees have rated MYR Group Chief Executive Officer Richard Swartz on Glassdoor.com. Richard Swartz has an approval rating of 92% among the company's employees. This puts Richard Swartz in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other MYR Group investors own include Alibaba Group (BABA), The Ensign Group (ENSG), Innovative Industrial Properties (IIPR), Walt Disney (DIS), Alphabet (GOOG), Gilead Sciences (GILD), JPMorgan Chase & Co. (JPM), Avid Technology (AVID), Bank of America (BAC) and Applied Materials (AMAT).

MYR Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.28%), Los Angeles Capital Management LLC (0.03%), Bridge City Capital LLC (0.03%), First Bank & Trust (0.01%), Contravisory Investment Management Inc. (0.01%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Betty R Johnson, Betty R Wynn, Jeffrey J Waneka, Jennifer Elaine Lowry, Marc Prieur, Maurice E Moore, Richard S Jr Swartz, Tod M Cooper, William A Koertner and William Fry.
View institutional ownership trends.

Shares of MYRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.