MYR Group Future Growth
Future criteria checks 2/6
MYR Group is forecast to grow earnings and revenue by 18.6% and 6.6% per annum respectively. EPS is expected to grow by 18% per annum. Return on equity is forecast to be 15.9% in 3 years.
Key information
18.6%
Earnings growth rate
18.0%
EPS growth rate
| Construction earnings growth | 24.9% |
| Revenue growth rate | 6.6% |
| Future return on equity | 15.9% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
It Looks Like Shareholders Would Probably Approve MYR Group Inc.'s (NASDAQ:MYRG) CEO Compensation Package
Apr 19
Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
Apr 11MYR Group: Demand Tailwinds And EPS Growth
Apr 01MYR Group's (NASDAQ:MYRG) Returns On Capital Are Heading Higher
Mar 26Earnings Update: Here's Why Analysts Just Lifted Their MYR Group Inc. (NASDAQ:MYRG) Price Target To US$171
Mar 02Here's Why We Think MYR Group (NASDAQ:MYRG) Might Deserve Your Attention Today
Feb 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Feb 10Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jan 29Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 44% Discount?
Jan 04The Price Is Right For MYR Group Inc. (NASDAQ:MYRG)
Dec 18Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?
Nov 20Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly
Oct 23MYR Group (NASDAQ:MYRG) Is Experiencing Growth In Returns On Capital
Sep 25Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jul 12MYR Group (NASDAQ:MYRG) Is Doing The Right Things To Multiply Its Share Price
Jun 07Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
May 25These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
May 10Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$119?
Mar 16Returns On Capital Are Showing Encouraging Signs At MYR Group (NASDAQ:MYRG)
Feb 24MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet
Feb 06Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Nov 30There's Been No Shortage Of Growth Recently For MYR Group's (NASDAQ:MYRG) Returns On Capital
Nov 12Should You Be Adding MYR Group (NASDAQ:MYRG) To Your Watchlist Today?
Oct 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Oct 12MYR Group: Best Near-Term Electrical Infrastructure Cap-Gain Wealth-Builder
Sep 28Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 46% Discount?
Sep 25Should You Think About Buying MYR Group Inc. (NASDAQ:MYRG) Now?
Aug 31The Return Trends At MYR Group (NASDAQ:MYRG) Look Promising
Aug 02MYR GAAP EPS of $1.15 in-line, revenue of $708.1M beats by $26.95M
Jul 27With EPS Growth And More, MYR Group (NASDAQ:MYRG) Makes An Interesting Case
Jun 28Is MYR Group Inc. (NASDAQ:MYRG) Potentially Undervalued?
May 25MYR Group: Best Infrastructure Contractor Seen By Market-Makers
May 17Are Investors Undervaluing MYR Group Inc. (NASDAQ:MYRG) By 41%?
May 10MYR Group (NASDAQ:MYRG) Might Have The Makings Of A Multi-Bagger
Apr 29Here's Why I Think MYR Group (NASDAQ:MYRG) Is An Interesting Stock
Mar 23MYR Group: Here Identifying Likely Near-Term Capital Gains Seen By Institutions, Market-Makers
Feb 27Is It Time To Consider Buying MYR Group Inc. (NASDAQ:MYRG)?
Feb 02These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
Jan 18Is MYR Group Inc. (NASDAQ:MYRG) Expensive For A Reason? A Look At Its Intrinsic Value
Jan 06MYR Group (NASDAQ:MYRG) Might Have The Makings Of A Multi-Bagger
Dec 21MYR Group: Here To Do It Again To Produce Near-Term Capital Gains As Seen By Market-Makers
Dec 11Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?
Dec 09Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,497 | N/A | N/A | N/A | 1 |
| 12/31/2025 | 4,164 | 133 | 107 | 208 | 5 |
| 12/31/2024 | 3,914 | 108 | 89 | 175 | 6 |
| 12/31/2023 | 3,644 | 91 | -14 | 71 | N/A |
| 9/30/2023 | 3,504 | 92 | 30 | 122 | N/A |
| 6/30/2023 | 3,364 | 88 | 35 | 123 | N/A |
| 3/31/2023 | 3,184 | 86 | 101 | 183 | N/A |
| 12/31/2022 | 3,009 | 83 | 90 | 167 | N/A |
| 9/30/2022 | 2,791 | 80 | 35 | 103 | N/A |
| 6/30/2022 | 2,601 | 84 | 47 | 109 | N/A |
| 3/31/2022 | 2,542 | 86 | 40 | 99 | N/A |
| 12/31/2021 | 2,498 | 85 | 85 | 137 | N/A |
| 9/30/2021 | 2,460 | 82 | 105 | 155 | N/A |
| 6/30/2021 | 2,458 | 77 | 117 | 166 | N/A |
| 3/31/2021 | 2,321 | 69 | 157 | 199 | N/A |
| 12/31/2020 | 2,247 | 59 | 131 | 175 | N/A |
| 9/30/2020 | 2,210 | 53 | 116 | 162 | N/A |
| 6/30/2020 | 2,186 | 46 | 109 | 155 | N/A |
| 3/31/2020 | 2,122 | 40 | 51 | 108 | N/A |
| 12/31/2019 | 2,071 | 38 | 7 | 65 | N/A |
| 9/30/2019 | 1,946 | 36 | 8 | 58 | N/A |
| 6/30/2019 | 1,763 | 33 | -4 | 47 | N/A |
| 3/31/2019 | 1,654 | 33 | 8 | 55 | N/A |
| 12/31/2018 | 1,531 | 31 | 34 | 85 | N/A |
| 9/30/2018 | 1,458 | 34 | 26 | 71 | N/A |
| 6/30/2018 | 1,432 | 31 | -21 | 17 | N/A |
| 3/31/2018 | 1,449 | 26 | -36 | 0 | N/A |
| 12/31/2017 | 1,403 | 21 | -40 | -9 | N/A |
| 9/30/2017 | 1,373 | 15 | N/A | -8 | N/A |
| 6/30/2017 | 1,283 | 16 | N/A | 27 | N/A |
| 3/31/2017 | 1,189 | 21 | N/A | 53 | N/A |
| 12/31/2016 | 1,142 | 21 | N/A | 54 | N/A |
| 9/30/2016 | 1,070 | 20 | N/A | 73 | N/A |
| 6/30/2016 | 1,057 | 20 | N/A | 80 | N/A |
| 3/31/2016 | 1,071 | 22 | N/A | 56 | N/A |
| 12/31/2015 | 1,062 | 27 | N/A | 43 | N/A |
| 9/30/2015 | 1,041 | 35 | N/A | 32 | N/A |
| 6/30/2015 | 1,020 | 38 | N/A | 60 | N/A |
| 3/31/2015 | 972 | 37 | N/A | 65 | N/A |
| 12/31/2014 | 944 | 36 | N/A | 55 | N/A |
| 9/30/2014 | 948 | 32 | N/A | 57 | N/A |
| 6/30/2014 | 932 | 32 | N/A | 61 | N/A |
| 3/31/2014 | 917 | 34 | N/A | 74 | N/A |
| 12/31/2013 | 903 | 34 | N/A | 95 | N/A |
| 9/30/2013 | 896 | 34 | N/A | 79 | N/A |
| 6/30/2013 | 914 | 35 | N/A | 58 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MYRG's forecast earnings growth (18.6% per year) is above the savings rate (2.3%).
Earnings vs Market: MYRG's earnings (18.6% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: MYRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: MYRG's revenue (6.6% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: MYRG's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MYRG's Return on Equity is forecast to be low in 3 years time (15.9%).