MYR Group (MYRG) Stock Price
MYR Group Price
Revenue has compounded at 10.6% per year over the past 19 years to 3.66 B USD. Earnings per share have grown at 13.8% per year over the last 19 years. MYR Group's net margin stands at 3.2%, broadly stable from 3.4% several years earlier. Analysts set a median price target of 422.00 USD, implying 44.2% above the current price. Of 15 analysts, 9 rate the stock a buy — an overall Buy consensus. The stock trades about 49% above its 52-week low.
MYR Group stock price
MYR Group business model & stock analysis
Frequently asked questions about MYR Group
The business model of MYR Group Inc revolves around providing electrical construction services to various sectors. As a leading specialty contractor in the electrical infrastructure industry, MYR Group Inc focuses on delivering reliable and cost-effective solutions to clients. With a strong emphasis on safety, quality, and customer satisfaction, the company offers a wide range of electrical construction services, including transmission and distribution, substation construction, renewable energy, and more. MYR Group Inc's expertise and comprehensive services make it a trusted partner for clients in the power line, commercial, and industrial markets.
MYR Group Inc is primarily active in the electrical construction industry.
MYR Group Inc faces competition from various companies in the market. Some of its main competitors include Quanta Services, Inc., MasTec, Inc., and MYR Group Inc. These companies offer similar services and solutions to clients and operate in the same industry as MYR Group Inc. However, MYR Group Inc maintains a strong competitive position due to its expertise, industry experience, and a proven track record of successfully completing projects.
MYR Group Inc is a leading electrical contractor providing specialty electrical construction services. With a rich history dating back to 1891, MYR Group has built a strong reputation for delivering quality projects across various sectors including transmission and distribution, commercial and industrial markets. The company is headquartered in Rolling Meadows, Illinois and operates through its subsidiaries, which include Sturgeon Electric, E.S. Boulos, and Harlan Electric. MYR Group Inc employs a team of highly skilled professionals who are dedicated to delivering safe, reliable, and cost-effective solutions to their clients. With a commitment to customer satisfaction and innovation, MYR Group continues to be a trusted partner in the electrical construction industry.
MYR Group Inc, a leading electrical contractor company, has achieved several significant milestones over the years. One notable accomplishment is their consistent growth and expansion across the United States. Through strategic acquisitions and organic growth, MYR Group Inc has established itself as a reputable player in the industry. Additionally, the company has successfully completed numerous high-profile projects, showcasing their expertise and commitment to delivering exceptional electrical construction services. MYR Group Inc's dedication to safety, innovation, and customer satisfaction are among the key factors contributing to their ongoing success and positioning them as a trusted partner in the electrical contracting market.
MYR Group Inc is primarily present in the United States.
MYR Group Inc represents strong values and a corporate philosophy focused on integrity, collaboration, and excellence. As a leading electrical contractor, MYR Group is committed to delivering high-quality services and exceeding customer expectations. With a dedicated team of professionals, the company strives for a culture of safety, innovation, and sustainability. MYR Group's reputation in the industry is built on a foundation of trust, reliability, and ethical practices. By consistently upholding these values, the company aims to create long-term value for its shareholders and contribute to the overall growth and success of the electrical construction industry.
Analysts currently set an average price target of 444.40 USD for the MYR Group stock (median: 422.00 USD), implying +51.9 % versus the latest price. The consensus is based on 15 analyst ratings.
15 analysts currently rate the MYR Group stock: 9 recommend buying, 6 holding and 0 selling. For 2026, analysts expect MYR Group to generate revenue of 4.40 B USD and earnings per share of 12.87 USD.
Converted at the current exchange rate, the MYR Group share trades at 256.74 EUR (292.58 USD).
The MYR Group share (MYRG) is listed on 3 stock exchanges, including: NASDAQ (MYRG), Düsseldorf (MYP.DU).
MYR Group Inc is a leading company in the USA specializing in providing electrical and mechanical construction services. MYR Group is divided into three main divisions: Electrical Construction, Industrial Construction, and Specialty Processes. The Electrical Construction division includes services such as installation and maintenance of medium and high voltage infrastructure, high mast lighting systems, energy analysis and audit services, as well as the renewal of existing power supply systems. MYR Group serves both public and private sectors. The Industrial Construction division of MYR Group specializes in performing construction of facilities and factories, providing construction projects in chemical processing or petrochemicals, as well as installing and maintaining services such as steel and sheet metal work, electromechanical work, processing plants, and hydraulic systems. The Specialty Processes and Technologies division of MYR Group includes the design and implementation of customized facilities and systems to meet specific customer needs. MYR Group also provides wireless and fiber-based networks that allow customers to collect and analyze real-time data to improve risk management and optimize productivity and efficiency. MYR Group also offers various products, including electrical apparatus and equipment needed for the installation of power infrastructure and supply systems, as well as construction materials. For industrial customers, MYR Group also provides special machinery, tools, and equipment that are often not available in the open market. The business model of MYR Group is based on high quality, safety, and environmental awareness. The company places a strong emphasis on training and certifying its employees to ensure that services can be provided at the highest level. MYR Group forms partnerships with other major companies within the industry to ensure that customers receive the highest quality products and services. MYR Group also leverages advanced technologies and processes to provide efficient services. MYR Group is working to improve its competitiveness by optimizing its costs and automating its processes and systems. The business model of MYR Group also relies on the strength and stability of the energy market. MYR Group is able to offer critical infrastructure projects and services through the use of specialized personnel and technologies, gaining the trust of customers and investors. Overall, the business model of MYR Group is focused on providing high-quality and efficient services, while adhering to high safety and environmental standards. The three main divisions, Electrical Construction, Industrial Construction, and Specialty Processes, offer customers a wide range of services. The company is committed to maximizing production costs, optimizing processes, and deploying technology to ensure customer satisfaction.
The expected revenue of MYR Group is 4.40 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of MYR Group is 201.58 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MYR Group is currently 22.73. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MYR Group stock.
The price-to-sales ratio (P/S) of MYR Group is currently 1.04. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MYR Group stock.
The Eulerpool Quality Score for MYR Group is 7/10.
The ISIN of MYR Group is US55405W1045. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of MYR Group is A0Q9UM. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of MYR Group is MYRG. The ticker symbol is used to trade MYR Group shares on the stock exchange.
MYR Group paid dividends every year for the past 0 years.
MYR Group is assigned to the 'Industry' sector.
The dividends of MYR Group are distributed in USD.
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All fundamentals and in-depth analysis of MYR Group
Our stock analysis for MYR Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MYR Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.