MYRG icon

MYR Group

112.72 USD
-0.37
0.33%
Updated Apr 1, 3:03 PM EDT
1 day
-0.33%
5 days
-12.52%
1 month
-6.99%
3 months
-23.78%
6 months
9.91%
Year to date
-23.78%
1 year
-35.79%
5 years
361.21%
10 years
263.61%
0
Funds holding %
of 7,398 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] → $2.3B (+$755M) [Q4]

22% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 83

3.43% more ownership

Funds ownership: 90.03% [Q3] → 93.46% (+3.43%) [Q4]

5% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 43

2% less funds holding

Funds holding: 268 [Q3] → 263 (-5) [Q4]

Research analyst outlook

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

Low target
$136
21%
upside
Avg. target
$148
31%
upside
High target
$159
41%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Keybanc
Sangita Jain
18% 1-year accuracy
7 / 40 met price target
21%upside
$136
Overweight
Upgraded
14 Mar 2025
Baird
Justin Hauke
13% 1-year accuracy
1 / 8 met price target
41%upside
$159
Outperform
Maintained
27 Feb 2025

Financial journalist opinion

Positive
Seeking Alpha
1 month ago
MYR Group Can See Large Tailwinds From AI Data Center Expansions
MYR Group Inc. faced a -7.73% YOY revenue decline in FY24 due to renewable energy project challenges but is poised for growth with data center construction and manufacturing reshoring catalysts. MYR Group may realize improved revenue growth operating margins going forward following the mechanical completion of these renewable projects. Management issued a $75mm MYRG share repurchase program in Q4 '24 with the expectations of improved free cash flow in eFY25.
MYR Group Can See Large Tailwinds From AI Data Center Expansions
Neutral
Seeking Alpha
1 month ago
MYR Group Inc. (MYRG) Q4 2024 Earnings Call Transcript
MYR Group Inc. (NASDAQ:MYRG ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants David Gutierrez - Dresner Corporate Services Rick Swartz - President & Chief Executive Officer Kelly Huntington - Senior Vice President & Chief Financial Officer Brian Stern - Senior Vice President and Chief Operating Officer, Transmission & Distribution Segment Don Egan - Senior Vice President & Chief Operating Officer, Commercial & Industrial Segment Conference Call Participants Sangita Jain - KeyBanc Justin Hauke - Baird Ati Modak - Goldman Sachs Jon Braatz - KCCA Brian Brophy - Stifel Operator Good morning, everyone, and welcome to the MYR Group Fourth Quarter 2024 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.
MYR Group Inc. (MYRG) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
MYR Group (MYRG) Q4 Earnings Beat Estimates
MYR Group (MYRG) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $1.43 per share a year ago.
MYR Group (MYRG) Q4 Earnings Beat Estimates
Neutral
GlobeNewsWire
1 month ago
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Results
THORNTON, Colo., Feb. 26, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR” or the "Company") (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 fourth quarter and full year 2024 financial results, and a new share repurchase program (“Repurchase Program”).
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Results
Neutral
GlobeNewsWire
1 month 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.
MYR Group Inc. to Participate in Sidoti Small-Cap Virtual Conference in March
Neutral
GlobeNewsWire
1 month 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.
MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Schedule
Neutral
GlobeNewsWire
1 month 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.
MYR Group Inc. to Attend Cantor Global Technology Conference in March
Neutral
GlobeNewsWire
3 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.
MYR Group Inc. to Attend Goldman Sachs Energy, CleanTech & Utilities Conference in January
Neutral
GlobeNewsWire
4 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.
MYR Group Inc. to Participate in Oppenheimer Midwest Virtual Summit Investor Conference in December
Neutral
GlobeNewsWire
4 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.
MYR Group Inc. to Attend Janney Annual Clean Energy Investment Symposium Investor Conference in December
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