MYR Group (MYRG) Expected to Announce Earnings on Wednesday

MYR Group (NASDAQ:MYRG) is expected to be posting its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect the company to announce earnings of $1.92 per share and revenue of $931.7160 million for the quarter. Investors can check the company’s upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Thursday, October 30, 2025 at 10:00 AM ET.

MYR Group (NASDAQ:MYRG) last released its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.14. The business had revenue of $900.33 million during the quarter, compared to the consensus estimate of $828.20 million. MYR Group had a return on equity of 13.16% and a net margin of 2.21%.The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.91) EPS. On average, analysts expect MYR Group to post $1 EPS for the current fiscal year and $6 EPS for the next fiscal year.

MYR Group Trading Down 0.1%

Shares of MYRG opened at $219.44 on Tuesday. MYR Group has a twelve month low of $97.72 and a twelve month high of $223.79. The firm has a market capitalization of $3.41 billion, a P/E ratio of 45.81 and a beta of 1.19. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.14. The stock’s fifty day simple moving average is $192.79 and its 200 day simple moving average is $174.86.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System raised its position in MYR Group by 0.9% in the second quarter. California State Teachers Retirement System now owns 15,193 shares of the utilities provider’s stock valued at $2,757,000 after purchasing an additional 138 shares during the period. Quantinno Capital Management LP increased its position in shares of MYR Group by 12.4% during the second quarter. Quantinno Capital Management LP now owns 3,524 shares of the utilities provider’s stock worth $639,000 after acquiring an additional 390 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of MYR Group during the second quarter worth about $144,000. State of Tennessee Department of Treasury increased its position in shares of MYR Group by 18.9% during the second quarter. State of Tennessee Department of Treasury now owns 5,999 shares of the utilities provider’s stock worth $1,089,000 after acquiring an additional 955 shares during the last quarter. Finally, Evergreen Capital Management LLC purchased a new stake in shares of MYR Group during the second quarter worth about $203,000. 88.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on MYRG shares. KeyCorp reiterated a “sector weight” rating on shares of MYR Group in a report on Wednesday, October 1st. The Goldman Sachs Group lifted their target price on MYR Group from $168.00 to $205.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Wall Street Zen cut MYR Group from a “strong-buy” rating to a “buy” rating in a report on Friday, October 3rd. Stifel Nicolaus lifted their target price on MYR Group from $210.00 to $226.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of MYR Group in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, MYR Group has an average rating of “Hold” and a consensus price target of $194.50.

MYR Group Company Profile

MYR Group Inc, through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages.