MYR Group Inc

MYR Group Inc Stock Forecast & Price Prediction

Live MYR Group Inc Stock (MYRG) Price
$154.12

3

Ratings

  • Buy 3
  • Hold 0
  • Sell 0
Disclaimer : The analyst ratings and price forecast data are provided by Tradefeeds. The data is sourced from Wall Street analysts and other experienced experts. The figures presented are solely a forecast and not a guarantee of future price performance. The information presented is not a recommendation to buy or sell the stock.

Stock Price

$154.12

P/E Ratio

P/E Ratio not available for MYRG

Volume Traded Today

$61,500

Dividend

Dividends not available for MYRG

52 Week High/low

159.79/96.55

MYR Group Inc Market Cap

$2.58B

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MYRG Summary

The MYR Group Inc (MYRG) share price is expected to increase by 9.65% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered MYRG. Price targets range from $164.00 at the low end to $175.00 at the high end. The current analyst consensus for MYRG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

MYRG Analyst Ratings

About 3 Wall Street analysts have assignedMYRG 3 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect MYR Group Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MYRG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MYRG stock forecast by analyst

Analyst/Firm

Rating

Price Target

Change

Date

andrew wittmann
Robert W. Baird

Buy

$175.0

maintained

Jan 16, 2024
sangita jain
KeyBanc

Hold

None

initiatedcoverage

Jan 10, 2024
brian brophy
Stifel Nicolaus

Buy

$168.0

maintained

Dec 19, 2023
atidrip modak
Goldman Sachs

Buy

$164.0

initiatedcoverage

Dec 15, 2023
justin hauke
Robert W. Baird

Buy

$153.0

rated

Oct 25, 2023
brian russo
Sidoti

Buy

None

upgraded

Oct 17, 2023
noelle dilts
Stifel Nicolaus

Buy

$140.0

maintained

Feb 24, 2023
sean eastman
KeyBanc

Hold

None

downgraded

Jan 17, 2023
jon braatz
Kansas City Capital

Hold

None

downgraded

Mar 5, 2021
alex rygiel
B.Riley Financial

Hold

$27.0

reiterated

May 1, 2020
abhishek nigam
Nomura

Buy

None

upgraded

Dec 11, 2018
george choi
Citigroup

Sell

None

downgraded

Nov 5, 2018
robert burleson
Canaccord Genuity

Hold

None

rated

Aug 31, 2018
tahira afzal
KeyBanc

Hold

None

reiterated

Nov 19, 2017
daniel mannes
Avondale

Hold

None

downgraded

Nov 18, 2016
william bremer
Maxim Group

Buy

$30.0

reiterated

Aug 5, 2016
john b. rogers
D.A. Davidson

Hold

$26.0

reiterated

Aug 4, 2016
craig irwin
Roth Capital

Hold

$23.0

downgraded

May 9, 2013

MYRG Company Information

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 limited gas construction services, as well as emergency restoration services in response to wildfire, ice, or other related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities and transportation control, and management systems.. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Thornton, Colorado.

MYRG
MYR Group Inc (MYRG)

When did it IPO

2008

Staff Count

8,500

Country

United States

Sector/Industry

Industrials/Engineering & Construction

CEO

Mr. Richard S. Swartz Jr.

Market Cap

$2.58B

MYR Group Inc(MYRG) Financial Data

In 2023, MYRG generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MYRG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2019

N/A

Revenue From 2020

N/A

0.00 %
From Previous Year

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year
  • Revenue TTM $3.50B
  • Operating Margin TTM 0.03%
  • Gross profit TTM $344.0M
  • Return on assets TTM 0.05%
  • Return on equity TTM 0.16%
  • Profit margin 0.02612%
  • Book value 37.43%
  • Market capitalisation $2.58B
  • Revenue for 2020 N/A
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • EPS this year 5.44
  • EPS next year N/A

MYR Group Inc(MYRG) Latest News

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MYRG Frequently asked questions

The highest forecasted price for MYRG is $175.00 from andrew wittmann at Robert W. Baird.

The lowest forecasted price for MYRG is $164.00 from atidrip modak from Goldman Sachs

The MYRG analyst ratings consensus are 3 buy ratings, 0 hold ratings, and 0 sell ratings.