MYR Group, Inc. (NASDAQ:MYRG) Receives Consensus Rating of “Moderate Buy” from Brokerages

MYR Group, Inc. (NASDAQ:MYRG) has been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are currently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $218.7143.

A number of analysts recently weighed in on the stock. Zacks Research downgraded shares of MYR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Clear Str raised shares of MYR Group to a “strong-buy” rating in a research note on Monday, December 15th. Weiss Ratings upgraded shares of MYR Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, January 22nd. The Goldman Sachs Group lifted their price target on shares of MYR Group from $205.00 to $248.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Finally, Stifel Nicolaus upped their price objective on shares of MYR Group from $237.00 to $262.00 and gave the company a “buy” rating in a research report on Monday, January 26th.

MYR Group Stock Down 0.6%

NASDAQ:MYRG opened at $272.47 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.11. MYR Group has a 12-month low of $97.72 and a 12-month high of $290.87. The stock’s fifty day simple moving average is $248.03 and its 200-day simple moving average is $219.55. The firm has a market capitalization of $4.23 billion, a P/E ratio of 36.18 and a beta of 1.17.

MYR Group (NASDAQ:MYRG) last released its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $2.33 EPS for the quarter, beating analysts’ consensus estimates of $1.73 by $0.60. MYR Group had a return on equity of 20.31% and a net margin of 3.24%.The business had revenue of $973.54 million during the quarter, compared to the consensus estimate of $897.73 million. During the same quarter in the prior year, the company posted $0.99 earnings per share. The firm’s revenue was up 17.3% on a year-over-year basis. Equities research analysts expect that MYR Group will post 1.16 earnings per share for the current year.

Institutional Investors Weigh In On MYR Group

Hedge funds have recently modified their holdings of the business. Wellington Management Group LLP grew its position in shares of MYR Group by 63.5% in the 4th quarter. Wellington Management Group LLP now owns 1,021,293 shares of the utilities provider’s stock valued at $223,153,000 after purchasing an additional 396,502 shares during the period. Massachusetts Financial Services Co. MA bought a new position in MYR Group in the fourth quarter valued at approximately $47,012,000. Bank of New York Mellon Corp lifted its stake in MYR Group by 97.4% in the second quarter. Bank of New York Mellon Corp now owns 350,478 shares of the utilities provider’s stock valued at $63,594,000 after buying an additional 172,962 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of MYR Group by 14.7% in the third quarter. Vanguard Group Inc. now owns 1,225,288 shares of the utilities provider’s stock valued at $254,897,000 after buying an additional 157,157 shares during the period. Finally, Invesco Ltd. increased its position in shares of MYR Group by 59.9% during the third quarter. Invesco Ltd. now owns 245,435 shares of the utilities provider’s stock worth $51,058,000 after acquiring an additional 91,923 shares in the last quarter. Institutional investors and hedge funds own 88.90% of the company’s stock.

Key Stories Impacting MYR Group

Here are the key news stories impacting MYR Group this week:

• Positive Sentiment: Q4 beat — MYR reported better-than-expected Q4 results (revenue and EPS ahead of consensus), with meaningful margin and operating cash improvements that strengthen near-term profitability outlook. MYR Group Inc. Announces Fourth-Quarter and Full Year 2025 Results
• Positive Sentiment: Backlog and guidance — Management outlined a roughly $2.8B backlog and a ~10% revenue growth target, driven by accelerating electrification demand (supporting multi-year organic growth). MYR Group outlines 10% revenue growth target and $2.8B backlog as electrification demand accelerates
• Positive Sentiment: Investor takeaways from the call — Management emphasized project demand across utility and C&I markets and cited improving operating leverage; the earnings call transcript provides color on margin drivers and backlog conversion. MYR Group Inc. (MYRG) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Valuation watch — Analysts and commentators are re‑examining valuation after the beat; median analyst targets are roughly in the current neighborhood, so upside from here depends on execution and continued backlog conversion. A Look At MYR Group (MYRG) Valuation After Earnings Beat And Strong Backlog Update
• Negative Sentiment: Insider and institutional selling — Recent filings show insider sales and large institutional reductions from some major holders, which can create near-term selling pressure even after a beat. MYR Group (MYRG) Releases Q4 2025 Earnings: Revenue and EPS Surge
• Negative Sentiment: Near-term pullback risk — The stock is trading down today on elevated volume; that suggests profit-taking or position adjustments following the run-up to earnings despite the fundamentally positive print. MYR Group (NASDAQ:MYRG) Delivers Strong Q4 CY2025 Numbers

About MYR Group

MYR Group Inc (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services.