MYR GroupMYRG
MYRG
About: MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.
Employees: 9,000
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
125% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $1.07M
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
49% more capital invested
Capital invested by funds: $1.54B [Q3] → $2.29B (+$752M) [Q4]
18% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 84
5.56% more ownership
Funds ownership: 90.05% [Q3] → 95.61% (+5.56%) [Q4]
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
3% less funds holding
Funds holding: 268 [Q3] → 261 (-7) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$172
43%
upside
Avg. target
$172
43%
upside
High target
$172
43%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Stifel Brian Brophy 19% 1-year accuracy 3 / 16 met price target | 43%upside $172 | Buy Maintained | 11 Dec 2024 |
Financial journalist opinion
Based on 3 articles about MYRG published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
MYR Group Inc. to Participate in Sidoti Small-Cap Virtual Conference in March
THORNTON, Colo., Feb. 19, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will participate in the Sidoti Small-Cap virtual investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the Sidoti Small-Cap Virtual Conference on Wednesday, March 19, 2025. This event is only available to Sidoti clients.
Neutral
GlobeNewsWire
1 week ago
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule
THORNTON, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its fourth quarter and full year 2024 results on Wednesday, Feb. 26, 2025, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, Feb. 27, 2025, at 8 a.m. Mountain time.
Neutral
GlobeNewsWire
1 week ago
MYR Group Inc. to Attend Cantor Global Technology Conference in March
THORNTON, Colo., Feb. 11, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Cantor Global Technology Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the inaugural Global Technology Conference on Wednesday, March 12, 2025, in New York. This event is only available to Cantor clients.
Neutral
GlobeNewsWire
2 months ago
MYR Group Inc. to Attend Goldman Sachs Energy, CleanTech & Utilities Conference in January
THORNTON, Colo., Dec. 09, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Goldman Sachs Energy, CleanTech & Utilities Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Goldman Sachs Energy, CleanTech & Utilities Conference on Tuesday, Jan. 7, 2025, in Aventura, Fla. This event is only available to Goldman Sachs clients.
Neutral
GlobeNewsWire
3 months ago
MYR Group Inc. to Participate in Oppenheimer Midwest Virtual Summit Investor Conference in December
THORNTON, Colo., Nov. 13, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will participate in the Oppenheimer Midwest Virtual Summit. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will virtually meet with institutional investors during the Oppenheimer Midwest Virtual Summit investor conference on Wednesday, Dec. 11, 2024. This event is only available to Oppenheimer clients.
Neutral
GlobeNewsWire
3 months ago
MYR Group Inc. to Attend Janney Annual Clean Energy Investment Symposium Investor Conference in December
THORNTON, Colo., Nov. 07, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the Janney 2nd Annual Clean Energy Investment Symposium. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the Janney Clean Energy Investment Symposium investor conference on Thursday, Dec. 5, 2024, in New Orleans. This event is only available to Janney clients.
Neutral
GlobeNewsWire
3 months ago
MYR Group Inc. to Attend UBS Global Industrials and Transportation Conference in December
THORNTON, Colo., Nov. 06, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the UBS Global Industrials and Transportation Conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the UBS Global Industrials and Transportation investor conference on Wednesday, Dec. 4, 2024, in Palm Beach, Fla. This event is only available to UBS clients.
Neutral
Seeking Alpha
3 months ago
MYR Group Inc (MYRG) Q3 2024 Earnings Call Transcript
MYR Group Inc (NASDAQ:MYRG ) Q3 2024 Results Conference Call October 31, 2024 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Richard Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President and Chief Financial Officer Brian Stern - SVP and Chief Operating Officer, Transmission and Distribution Segment Don Egan - SVP and Chief Operating Officer, Commercial and Industrial Segment Conference Call Participants Atidrip Modak - Goldman Sachs Sangita Jain - KeyBanc Capital Markets Justin Hauke - Baird Brian Brophy - Stifel Jon Braatz - Kansas City Capital Operator Good day, and thank you for standing by. Welcome to the MYR Group Third Quarter 2024 Conference Call.
Positive
Zacks Investment Research
3 months ago
MYR Group (MYRG) Q3 Earnings Top Estimates
MYR Group (MYRG) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $1.28 per share a year ago.
Neutral
GlobeNewsWire
3 months ago
MYR Group Inc. Announces Third-Quarter and First Nine-Months 2024 Results
THORNTON, Colo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its third-quarter and first nine-months 2024 financial results.
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