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MYR Group NasdaqGS:MYRG Stock Report

Last Price

US$140.12

Market Cap

US$2.3b

7D

0.8%

1Y

5.4%

Updated

23 Jun, 2024

Data

Company Financials +

MYRG Stock Overview

Through its subsidiaries, provides electrical construction services in the United States and Canada.

MYRG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health6/6
Dividends0/6

MYR Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MYR Group
Historical stock prices
Current Share PriceUS$140.12
52 Week HighUS$181.02
52 Week LowUS$110.87
Beta1.04
11 Month Change-12.05%
3 Month Change-16.46%
1 Year Change5.36%
33 Year Change58.76%
5 Year Change275.15%
Change since IPO762.28%

Recent News & Updates

Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

Jun 07
Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance

May 08
Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance

When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?

May 03
When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?

Recent updates

Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

Jun 07
Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio

Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance

May 08
Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance

When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?

May 03
When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?

It Looks Like Shareholders Would Probably Approve MYR Group Inc.'s (NASDAQ:MYRG) CEO Compensation Package

Apr 19
It Looks Like Shareholders Would Probably Approve MYR Group Inc.'s (NASDAQ:MYRG) CEO Compensation Package

Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)

Apr 11
Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)

MYR Group: Demand Tailwinds And EPS Growth

Apr 01

MYR Group's (NASDAQ:MYRG) Returns On Capital Are Heading Higher

Mar 26
MYR Group's (NASDAQ:MYRG) Returns On Capital Are Heading Higher

Earnings Update: Here's Why Analysts Just Lifted Their MYR Group Inc. (NASDAQ:MYRG) Price Target To US$171

Mar 02
Earnings Update: Here's Why Analysts Just Lifted Their MYR Group Inc. (NASDAQ:MYRG) Price Target To US$171

Here's Why We Think MYR Group (NASDAQ:MYRG) Might Deserve Your Attention Today

Feb 24
Here's Why We Think MYR Group (NASDAQ:MYRG) Might Deserve Your Attention Today

Is MYR Group (NASDAQ:MYRG) A Risky Investment?

Feb 10
Is MYR Group (NASDAQ:MYRG) A Risky Investment?

Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

Jan 29
Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 44% Discount?

Jan 04
Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 44% Discount?

The Price Is Right For MYR Group Inc. (NASDAQ:MYRG)

Dec 18
The Price Is Right For MYR Group Inc. (NASDAQ:MYRG)

Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?

Nov 20
Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?

Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly

Oct 23
Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly

MYR Group (NASDAQ:MYRG) Is Experiencing Growth In Returns On Capital

Sep 25
MYR Group (NASDAQ:MYRG) Is Experiencing Growth In Returns On Capital

Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

Jul 12
Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

MYR Group (NASDAQ:MYRG) Is Doing The Right Things To Multiply Its Share Price

Jun 07
MYR Group (NASDAQ:MYRG) Is Doing The Right Things To Multiply Its Share Price

Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)

May 25
Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)

These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely

May 10
These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely

Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$119?

Mar 16
Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$119?

Returns On Capital Are Showing Encouraging Signs At MYR Group (NASDAQ:MYRG)

Feb 24
Returns On Capital Are Showing Encouraging Signs At MYR Group (NASDAQ:MYRG)

MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet

Feb 06
MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet

Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

Nov 30
Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?

There's Been No Shortage Of Growth Recently For MYR Group's (NASDAQ:MYRG) Returns On Capital

Nov 12
There's Been No Shortage Of Growth Recently For MYR Group's (NASDAQ:MYRG) Returns On Capital

Should You Be Adding MYR Group (NASDAQ:MYRG) To Your Watchlist Today?

Oct 24
Should You Be Adding MYR Group (NASDAQ:MYRG) To Your Watchlist Today?

Is MYR Group (NASDAQ:MYRG) A Risky Investment?

Oct 12
Is MYR Group (NASDAQ:MYRG) A Risky Investment?

MYR Group: Best Near-Term Electrical Infrastructure Cap-Gain Wealth-Builder

Sep 28

Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 46% Discount?

Sep 25
Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 46% Discount?

Should You Think About Buying MYR Group Inc. (NASDAQ:MYRG) Now?

Aug 31
Should You Think About Buying MYR Group Inc. (NASDAQ:MYRG) Now?

The Return Trends At MYR Group (NASDAQ:MYRG) Look Promising

Aug 02
The Return Trends At MYR Group (NASDAQ:MYRG) Look Promising

MYR GAAP EPS of $1.15 in-line, revenue of $708.1M beats by $26.95M

Jul 27

With EPS Growth And More, MYR Group (NASDAQ:MYRG) Makes An Interesting Case

Jun 28
With EPS Growth And More, MYR Group (NASDAQ:MYRG) Makes An Interesting Case

Is MYR Group Inc. (NASDAQ:MYRG) Potentially Undervalued?

May 25
Is MYR Group Inc. (NASDAQ:MYRG) Potentially Undervalued?

MYR Group: Best Infrastructure Contractor Seen By Market-Makers

May 17

Are Investors Undervaluing MYR Group Inc. (NASDAQ:MYRG) By 41%?

May 10
Are Investors Undervaluing MYR Group Inc. (NASDAQ:MYRG) By 41%?

MYR Group (NASDAQ:MYRG) Might Have The Makings Of A Multi-Bagger

Apr 29
MYR Group (NASDAQ:MYRG) Might Have The Makings Of A Multi-Bagger

Here's Why I Think MYR Group (NASDAQ:MYRG) Is An Interesting Stock

Mar 23
Here's Why I Think MYR Group (NASDAQ:MYRG) Is An Interesting Stock

MYR Group: Here Identifying Likely Near-Term Capital Gains Seen By Institutions, Market-Makers

Feb 27

Is It Time To Consider Buying MYR Group Inc. (NASDAQ:MYRG)?

Feb 02
Is It Time To Consider Buying MYR Group Inc. (NASDAQ:MYRG)?

These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely

Jan 18
These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely

Shareholder Returns

MYRGUS ConstructionUS Market
7D0.8%0.9%0.5%
1Y5.4%39.6%23.9%

Return vs Industry: MYRG underperformed the US Construction industry which returned 37.7% over the past year.

Return vs Market: MYRG underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is MYRG's price volatile compared to industry and market?
MYRG volatility
MYRG Average Weekly Movement5.1%
Construction Industry Average Movement5.5%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.8%

Stable Share Price: MYRG's share price has been volatile over the past 3 months.

Volatility Over Time: MYRG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18919,000Rick Swartzwww.myrgroup.com

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.

MYR Group Inc. Fundamentals Summary

How do MYR Group's earnings and revenue compare to its market cap?
MYRG fundamental statistics
Market capUS$2.35b
Earnings (TTM)US$86.77m
Revenue (TTM)US$3.65b

27.1x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MYRG income statement (TTM)
RevenueUS$3.65b
Cost of RevenueUS$3.28b
Gross ProfitUS$366.25m
Other ExpensesUS$279.48m
EarningsUS$86.77m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.18
Gross Margin10.04%
Net Profit Margin2.38%
Debt/Equity Ratio5.7%

How did MYRG perform over the long term?

See historical performance and comparison
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