ECG

Everus Construction Group, Inc.

67.09 USD
+2.49
3.85%
At close Dec 20, 4:00 PM EST
After hours
67.09
+0.00
0.00%
1 day
3.85%
5 days
-1.83%
1 month
11.67%
3 months
24.93%
6 months
24.93%
Year to date
24.93%
1 year
24.93%
5 years
24.93%
10 years
24.93%
 

About: Everus Construction Group Inc is a construction solutions provider, offering specialty contracting services to a diverse set of end markets across the U.S. It operates across two segments, Electrical & Mechanical (E&M) and Transmission & Distribution (T&D), and delivers services through its subsidiaries. It generates the majority of revenue from the Electrical & Mechanical segment which offers a wide variety of specialty contracting services, including construction and maintenance of electrical and communication wiring, fire suppression systems, and mechanical piping and services, to customers in both the public and private sectors. Its T&D segment serves electric and natural gas utility customers, as well as customers in the transportation end market, in the West and Midwest regions.

Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$70
4%
upside
Avg. target
$74
10%
upside
High target
$78
16%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Brian Brophy
55% 1-year accuracy
6 / 11 met price target
16%upside
$78
Buy
Maintained
11 Dec 2024
Oppenheimer
Ian Zaffino
65% 1-year accuracy
20 / 31 met price target
4%upside
$70
Outperform
Initiated
4 Dec 2024

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
Everus Construction Group Shows Strength In First Quarter Of Independence
Even though it has only been trading publicly for a little over a month, the stock for Everus Construction Group is off to a strong start. In its first quarter of reporting as an independent company, Everus announced strong profit margins, a PE ratio below its peers, and a reasonable debt load. The company should benefit from a double-digit increase in capex for utility construction in 2025 and continued growth in various renewable energy segments.
Everus Construction Group Shows Strength In First Quarter Of Independence
Neutral
Business Wire
3 weeks ago
Everus to Participate in Wolfe Research Small and Mid-Cap Conference
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) CEO Jeff Thiede and CFO Max Marcy will participate in the Wolfe Research Small and Mid-Cap Conference.
Everus to Participate in Wolfe Research Small and Mid-Cap Conference
Neutral
Business Wire
1 month ago
Everus Reports Strong Third Quarter 2024 Results
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) today reported financial results for the quarter ended Sept. 30, 2024.
Everus Reports Strong Third Quarter 2024 Results
Neutral
Business Wire
1 month ago
Everus Construction Group to Hold Third Quarter 2024 Results Webcast Nov. 7
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) will issue third quarter 2024 results Nov. 6. Company leadership will host a webcast at 8:30 a.m. EST Nov. 7.
Everus Construction Group to Hold Third Quarter 2024 Results Webcast Nov. 7
Neutral
PRNewsWire
1 month ago
MDU Resources Completes Spinoff of Everus Construction Group
BISMARCK, N.D. , Nov. 1, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the successful completion of the spinoff of its construction services subsidiary, Everus Construction Group (NYSE: ECG).
MDU Resources Completes Spinoff of Everus Construction Group
Neutral
Business Wire
1 month ago
Everus Construction Group Completes Spinoff From MDU Resources
BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) today announced the successful completion of its spinoff from MDU Resources Group, Inc. (NYSE: MDU).
Everus Construction Group Completes Spinoff From MDU Resources
Neutral
PRNewsWire
1 month ago
Everus Construction Group Set to Join S&P SmallCap 600
NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Everus Construction Group Inc. (NYSE: ECG) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 1, replacing Clearwater Paper Corp. (NYSE: CLW), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 4. S&P SmallCap 600 constituent MDU Resources Group Inc. (NYSE: MDU) is spinning off Everus Construction Group in a transaction expected to be completed on November 1.
Everus Construction Group Set to Join S&P SmallCap 600
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