MYR Group (NASDAQ:MYRG) Sets New 12-Month High on Earnings Beat

MYR Group, Inc. (NASDAQ:MYRG) hit a new 52-week high on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $290.87 and last traded at $271.9580, with a volume of 41412 shares. The stock had previously closed at $274.01.

The utilities provider reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.60. The firm had revenue of $973.54 million for the quarter, compared to the consensus estimate of $897.73 million. MYR Group had a return on equity of 20.31% and a net margin of 3.24%.The company’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same period last year, the business posted $0.99 EPS.

More MYR Group News

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

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Cantor Fitzgerald began coverage on shares of MYR Group in a report on Friday, January 23rd. They issued an “overweight” rating and a $285.00 target price on the stock. Clear Str raised shares of MYR Group to a “strong-buy” rating in a research note on Monday, December 15th. Stifel Nicolaus lifted their target price on MYR Group from $237.00 to $262.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Wall Street Zen upgraded MYR Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Weiss Ratings raised shares of MYR Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $218.71.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. MAI Capital Management boosted its position in shares of MYR Group by 44.8% during the 2nd quarter. MAI Capital Management now owns 181 shares of the utilities provider’s stock valued at $33,000 after acquiring an additional 56 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of MYR Group by 212.2% during the 4th quarter. Farther Finance Advisors LLC now owns 153 shares of the utilities provider’s stock worth $33,000 after buying an additional 104 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in MYR Group in the second quarter valued at approximately $34,000. Elevation Point Wealth Partners LLC purchased a new position in MYR Group in the second quarter worth approximately $34,000. Finally, Salomon & Ludwin LLC acquired a new stake in MYR Group during the third quarter worth $34,000. Hedge funds and other institutional investors own 88.90% of the company’s stock.

MYR Group Price Performance

The stock has a 50-day simple moving average of $248.03 and a 200 day simple moving average of $219.55. The company has a market cap of $4.23 billion, a PE ratio of 36.18 and a beta of 1.17. 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 Company Profile

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.