Total debt per share of MYR Group Inc. – HAN:MYP
This page from TradingView displays the total debt per share for MYR Group Inc. (HAN:MYP) on the Hannover Stock Exchange. The market was closed at the time of viewing, showing no trades. The content primarily serves as a financial data point for the company.
MYRG's T&D Segment 1H26 Revenues Up 10%: More Upside Ahead?
MYR Group Inc.'s Transmission & Distribution (T&D) segment saw a 10% year-over-year revenue increase to $1.06 billion in the first half of 2026, driven by rising investment in electric-grid infrastructure. The segment's operating income rose 32.6% to $101.7 million, with an expanding operating margin. Analysts expect strong earnings growth for MYRG in 2026 and 2027, with the stock currently holding a Zacks Rank #1.
MYRG's T&D Segment 1H26 Revenues Up 10%: More Upside Ahead?
MYR Group Inc.'s Transmission & Distribution (T&D) segment saw a 10% year-over-year revenue increase to $1.06 billion in the first half of 2026, driven by rising investment in electric-grid infrastructure. The segment's operating income rose 32.6% to $101.7 million, with an expanded operating margin of 9.6%. Structural trends like aging infrastructure, system reliability, and increased electricity demand from data centers are expected to continue supporting strong growth in the T&D sector, benefiting MYRG and its peers.
MYR Group: A Change In Revenue Types Is Benefitting Margins (NASDAQ:MYRG)
MYR Group (MYRG) is experiencing significant margin expansion and record backlog, largely driven by the surge in data center construction. The Commercial & Industrial segment is leading revenue growth and boosting overall profitability due to a shift towards more fixed-price contracts. The author rates MYRG a Buy, citing recurring revenue growth, robust demand, and improved margins, while acknowledging potential risks to margin sustainability.
What MYR Group (MYRG)'s Expanded Credit Facility Means For Shareholders
MYR Group recently secured an expanded US$690 million revolving credit facility, along with term loans, significantly increasing its borrowing capacity. This enhanced financial flexibility will allow the company to fund working capital, capital projects, and potential acquisitions without immediate reliance on equity issuance. The move strengthens MYR Group's position to capitalize on electrification demand and grid infrastructure projects, while also addressing risks related to labor markets and debt funding.
Squarepoint Ops LLC Trims Stock Position in MYR Group, Inc. $MYRG
Squarepoint Ops LLC significantly reduced its stake in MYR Group, Inc. (NASDAQ:MYRG) by 95.1% in the second quarter, selling 22,235 shares and retaining 1,141 shares valued at approximately $571,000. Despite this, institutional investors collectively own 88.9% of the company, and MYR Group reported strong quarterly results with EPS of $3.17 and revenue of $1.08 billion, exceeding analyst expectations. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $451.20, although the stock recently traded at $279.28.
Bank of America Corp DE Purchases Shares of 122,632 MYR Group, Inc. $MYRG
Bank of America Corp DE has acquired 122,632 shares of MYR Group, Inc. (NASDAQ:MYRG) in the second quarter, valuing its new stake at approximately $61.4 million. This purchase represents a 0.79% ownership of the utilities provider, whose stock is currently trading at $279.28, significantly below its 12-month high. MYR Group recently reported strong earnings, with EPS of $3.17 exceeding estimates and revenue increasing 20.1% year over year.
Day in the Life: Edward Finnegan, Regional Safety Manager at Sturgeon Electric California Sep 18, 2026
This article highlights Edward Finnegan's role as Regional Safety Manager at Sturgeon Electric California, emphasizing his teamwork-driven approach, which stems from his Marine Corps background. It notes that he has fostered a strong culture of collaboration during his three-and-a-half years with the company. The article is an abstract, requiring a click to access the full version.
MYR Group's Backlog Hits Record in Q2: Can the Growth Trend Continue?
MYR Group (MYRG) ended Q2 2026 with a record backlog of $3.16 billion, indicating strong future revenue potential driven by improving order activity and strategic acquisitions. The company benefits from investments in infrastructure, clean energy, and data centers, with its Transmission and Distribution (T&D) and Commercial and Industrial (C&I) segments showing robust growth. Despite potential risks, MYRG's accelerating revenue trend and strong market fundamentals, alongside a Zacks Rank #1 (Strong Buy), suggest continued top-line expansion, aligning with similar positive backlog reports from peers Quanta Services and MasTec.
MYR Group Gains 59% in a Year: Time to Buy, Sell or Hold the Stock?
MYR Group (MYRG) has seen its stock gain 58.7% in the past year, outperforming its industry and the broader market. The company delivered record revenues and backlog in Q2 2026, driven by its C&I segment, and maintains strong margins and a solid financial position. With attractive valuation, strong fundamentals, and favorable long-term growth trends in infrastructure and electrification, MYR Group currently holds a Zacks Rank #1 (Strong Buy).
MYR Group: The Pullback Has Made It Worth Watching But Not Buying Just Yet
MYR Group (MYRG) has shown strong performance with a 55% increase this year and robust Q2 results, but is currently valued at fair value rather than a bargain. While record backlog and acquisitions indicate future growth potential, a significant portion of revenue from new projects won't be realized until late 2027, and net debt has increased. The author maintains a "hold" rating, suggesting a further price pullback is needed before considering an upgrade to "buy."
MYR Group Inc. to Attend KeyBanc Taking Charge: Energy Transition Symposium in September
MYR Group Inc. announced it will attend the KeyBanc Taking Charge: Energy Transition Symposium on September 17, 2026, virtually. The company's CEO, CFO, and VP of Investor Relations and Treasurer will meet with institutional investors at the event, which is exclusively for KeyBanc clients. MYR Group specializes in electrical infrastructure services for utility and commercial/industrial markets.
MYR Group Inc. to Attend KeyBanc Taking Charge: Energy Transition Symposium in September
MYR Group Inc. announced it will attend the KeyBanc Taking Charge: Energy Transition Symposium virtually on September 17, 2026. The company's CEO, CFO, and VP of Investor Relations will meet with institutional investors at this event, which is exclusively for KeyBanc clients. MYR Group specializes in electrical contracting services for utility infrastructure and commercial/industrial markets across the US and Canada.
If You Invested $100 In MYR Group Stock 10 Years Ago, You Would Have This Much Today
MYR Group (NASDAQ: MYRG) has significantly outperformed the market over the last decade, with an annualized return of 26.29%. An initial investment of $100 in MYRG stock 10 years ago would now be worth $1,009.83, demonstrating the power of compounded returns. The company currently has a market capitalization of $4.47 billion.
Oversold MYR Group Surges Back on AI-Fueled Revival
MYR Group (MYRG) is experiencing a rebound after falling into oversold territory, driven by a new $9.8 million institutional investment from Palisade Capital Management and record quarterly revenues related to AI data center infrastructure demand. This recovery is supported by strong fundamentals and technical momentum. While the company has clear visibility into future projects and a strong balance sheet, investors should monitor cash conversion, execution risks, and potential project delays.
Are You Looking for a Top Momentum Pick? Why MYR Group (MYRG) is a Great Choice
MYR Group (MYRG) is identified as a strong momentum pick due to its B-grade Momentum Style Score and Zacks Rank #1 (Strong Buy). The article highlights MYRG's impressive short-term and long-term price performance, outperforming both its industry and the S&P 500, along with positive earnings estimate revisions. Investors seeking a stock with strong upward potential are encouraged to consider MYR Group.
MYR Group Inc (MYRG) Shares Fall 3.0% -- GF Value Says Still Overvalued
MYR Group Inc (MYRG) shares fell 3.0% to $296.20, continuing a downward trend, and are considered significantly overvalued according to GuruFocus' GF Value of $196.67. Despite a strong GF Score of 91/100, indicating high profitability and growth, the stock's low valuation rank and consistent insider selling raise concerns for investors. Gurus show mixed activity, but the disconnect between price and intrinsic value suggests potential for corrections.
U.S. Manufacturing Onshoring Stocks For Investors Watching Tariff Driven Factory Spending
This article identifies three U.S. industrial stocks—MYR Group (MYRG), Granite Construction (GVA), and EMCOR Group (EME)—that are positioned to benefit from the increasing trend of manufacturing onshoring, driven by new tariffs. These companies are involved in critical infrastructure, electrical, and mechanical contracting for new factories, data centers, and grid upgrades. The article highlights each company's operations, market cap, and specific opportunities and risks related to the onshoring trend.
Trillium Asset Management LLC Invests $20.95 Million in MYR Group, Inc. $MYRG
Trillium Asset Management LLC has invested approximately $20.95 million in MYR Group, Inc. by acquiring 41,875 shares, representing about 0.27% of the company. Other institutional investors like BlackRock Inc., Vanguard Group Inc., and Wellington Management Group LLP have also significantly increased their holdings in MYR Group. The company recently reported strong quarterly earnings, beating analyst estimates, but its stock opened down 2.5% on Friday, and two directors recently sold shares.
MYR Group, Inc. (NASDAQ:MYRG) Given Average Recommendation of "Moderate Buy" by Brokerages
MYR Group, Inc. (NASDAQ:MYRG) has received an average "Moderate Buy" rating from eight brokerages, with an average 12-month price target of $451.20. The company recently surpassed quarterly expectations, reporting $3.17 EPS against a $2.62 consensus and revenue of $1.08 billion, a 20.1% year-over-year increase. Despite recent insider selling by two directors totaling $8.17 million, institutional investors hold a significant 88.9% stake in the company.
BlackRock Inc. Makes New $1.23 Billion Investment in MYR Group, Inc. $MYRG
BlackRock Inc. has made a new investment of approximately $1.23 billion in MYR Group, Inc. (NASDAQ:MYRG), acquiring 2.46 million shares and holding a 15.82% stake. The investment comes as MYR Group reported strong quarterly earnings, surpassing analyst expectations for both EPS and revenue, though the stock has seen a slight decline recently. Wall Street analysts currently maintain a "Moderate Buy" consensus rating for MYR Group with an average price target of $451.20.
Abacus FCF Advisors LLC Acquires New Shares in MYR Group, Inc. $MYRG
Abacus FCF Advisors LLC has acquired a new position in MYR Group, Inc. (NASDAQ:MYRG), purchasing 23,526 shares valued at approximately $11.77 million, making it 2.2% of their portfolio. This comes as MYR Group reported strong quarterly earnings, beating estimates with $3.17 EPS and a 20.1% increase in revenue. Despite a "Moderate Buy" consensus from analysts, some directors have recently sold significant portions of their holdings.
Meeder Asset Management Inc. Makes New $2.75 Million Investment in MYR Group, Inc. $MYRG
Meeder Asset Management Inc. has acquired a new stake worth $2.75 million in MYR Group, Inc. (NASDAQ:MYRG) during the second quarter. Other institutional investors have also adjusted their holdings in the company, while insiders have recently sold shares. MYR Group reported strong quarterly earnings, beating analyst expectations, and has a "Moderate Buy" consensus rating from analysts.
MYR Group (MYRG) Could Be 25% Undervalued After Strong EPS Growth Outlook
MYR Group (MYRG) is considered undervalued by 25.2% according to Simply Wall St, despite a recent share price pullback. The company shows strong EPS growth, supported by share repurchases, high returns on capital, and a projected sales growth of 19.4%. The positive outlook is driven by increasing demand for power infrastructure services due to electrification trends, although labor costs and a shrinking renewables contribution pose potential challenges.
MYR Group Inc (MYRG) Stock Down 4.9% but Still Overvalued -- GF Score: 91/100
MYR Group Inc (MYRG) stock recently dropped by 4.9%, yet remains significantly overvalued according to GuruFocus's GF Value™, trading 65.4% above its estimated fair value. Despite a strong GF Score™ of 91/100, driven by excellent growth and profitability, the valuation rank is low, and insiders have been selling shares without buying. Investors are advised to exercise caution due to the overvaluation and insider selling.
TimesSquare Capital Management LLC Acquires New Stake in MYR Group, Inc. $MYRG
TimesSquare Capital Management LLC has acquired a new stake in MYR Group, Inc. (NASDAQ:MYRG), purchasing 52,507 shares valued at approximately $26.3 million, giving them a 0.34% ownership. This move comes as institutional investors collectively own 88.9% of the company, and analysts maintain a "Moderate Buy" rating with an average price target of $451.20. MYR Group recently reported strong quarterly results, exceeding revenue and earnings estimates, despite recent insider share sales by two directors.
Chase Investment Counsel Corp Makes New Investment in MYR Group, Inc. $MYRG
Chase Investment Counsel Corp has made a significant new investment in MYR Group, Inc. (NASDAQ:MYRG), purchasing 10,866 shares valued at approximately $5.4 million, making it their 27th largest holding. This comes as MYR Group reported strong quarterly results, beating earnings and revenue expectations. Despite positive analyst sentiment with a "Moderate Buy" rating, two company directors recently sold substantial portions of their shares.
MYR Group (NASDAQ:MYRG) Upgraded by Wall Street Zen to Strong-Buy Rating
Wall Street Zen has upgraded MYR Group (NASDAQ:MYRG) to a "strong-buy" rating from "buy." This upgrade aligns with a generally positive outlook from other analysts, resulting in a consensus "Moderate Buy" rating and an average price target of $451.20. The company recently exceeded earnings expectations, reporting $3.17 EPS on $1.08 billion in revenue, although recent insider trading showed directors selling shares.
Bull of the Day: MYR Group Inc. (MYRG)
MYR Group Inc. (MYRG) is highlighted as a strong buy-and-hold stock due to its position in the electrical construction sector, benefiting from megatrends like AI, energy, and electrification. The company has shown significant growth in revenue and earnings, with projections for continued strong performance. Despite a recent market dip, the stock is considered oversold and undervalued, offering potential upside for investors.
Bank of America Corp DE Has $39.70 Million Stock Position in MYR Group, Inc. $MYRG
Bank of America Corp DE increased its stake in MYR Group, Inc. (NASDAQ:MYRG) by 4.2% in the first quarter, now holding 140,611 shares valued at approximately $39.7 million. Institutional investors collectively own 88.9% of MYR Group. The company recently reported strong quarterly earnings with $3.17 EPS and revenue of $1.08 billion, beating analyst expectations, and maintains a "Moderate Buy" consensus rating among analysts despite recent insider share sales.
Does MYR Group’s Acquisition Push, Funded by MYRG’s Balance Sheet, Deepen the Long-Term Infrastructure Story?
MYR Group's Q2 2026 earnings highlight strong results and management's confidence in leveraging existing credit and cash flow for organic growth, acquisitions, and share repurchases. This strategy is driven by sustained demand for electrical infrastructure upgrades, electrification, renewables, and AI data centers. While growth prospects are appealing, investors should monitor execution risks and margin pressures on complex projects.
Assenagon Asset Management S.A. Has $3.51 Million Stock Position in MYR Group, Inc. $MYRG
Assenagon Asset Management S.A. significantly reduced its stake in MYR Group, Inc. by 63% in the second quarter, now holding 7,022 shares valued at $3.51 million. Despite insider selling by two directors totaling $8.17 million, institutional investors still collectively own 88.9% of the company, and analysts maintain a "Moderate Buy" rating with a $426.00 average price target. MYR Group reported strong quarterly earnings of $3.17 per share, surpassing estimates, with revenue rising 20.1% year-over-year to $1.08 billion.
Goldman Sachs lowers MYR Group stock price target to $422 on valuation
Goldman Sachs has reduced its price target for MYR Group (NASDAQ:MYRG) to $422 from $469, maintaining a Neutral rating due to a valuation multiple adjustment reflecting broader market trends. Despite the lowered target, MYR Group's PEG ratio suggests it may be undervalued relative to its near-term earnings growth. The firm adjusted its EBITDA estimates for 2027 and 2028, projecting a strong revenue CAGR for MYR Group's commercial and industrial business, driven by acquisitions and increasing construction starts.
Bull of the Day: MYR Group Inc. (MYRG)
MYR Group Inc. (MYRG) is highlighted as a "Bull of the Day" due to its strong position in the electrical construction sector, benefiting from megatrends in AI, energy, and electrification. The company has shown significant growth in revenue and earnings, with a strong backlog and positive earnings revisions, earning it a Zacks Rank #1 (Strong Buy). Despite recent market pullbacks, MYRG is seen as a long-term buy, especially given its crucial role in the expanding U.S. electrical infrastructure, data center build-out, and renewable energy projects.
Bull of the Day: MYR Group Inc. (MYRG)
MYR Group Inc. (MYRG) is highlighted as a strong buy-and-hold stock benefiting from megatrends like AI, energy, and electrification, with significant revenue and earnings growth projected. The specialty electrical contractor received a Zacks Rank #1 (Strong Buy) following strong quarterly results and upward earnings revisions. Despite recent market pullbacks, MYRG is seen as undervalued and poised for further growth due to increased infrastructure spending.
The Technical Signals Behind (MYRG) That Institutions Follow
Myr Group Inc. (NASDAQ: MYRG) is exhibiting weak near and mid-term sentiment which could challenge its positive long-term outlook, with no clear price positioning signal identified and elevated downside risk. Stock Traders Daily's AI models have generated three distinct trading strategies (Position, Momentum Breakout, and Risk Hedging) tailored to different risk profiles. The analysis indicates weak support in the near and mid-term, but strong support in the long-term.
MYR Group Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:MYRG) 2026-08-08
This article announces the publication of MYR Group Inc.'s slide deck in conjunction with their 2026 Q2 earnings call. The content was provided by SA Transcripts, Seeking Alpha's team dedicated to publishing earnings call transcripts. The article highlights the availability of this presentation for investors.
MYR Group, Inc. (MYRG) Stock Forecasts
Argus has lowered its target price for MYR Group Inc. (MYRG) to $357.00, citing the company's U.S.-based specialty electrical construction services. The stock is currently priced at $337.42. The article also lists related reports and market data.
MYR Group (NASDAQ:MYRG) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded MYR Group (NASDAQ:MYRG) from a "strong buy" to a "buy" rating, despite a broader analyst consensus of "Moderate Buy" and an average price target of $426. The company recently reported strong earnings, beating EPS estimates with $3.17 and achieving $1.08 billion in revenue, a 20.1% year-over-year increase. However, the stock opened below its 50-day moving average, and two directors sold a combined 18,175 shares in June.
Form 8K MYR Group Inc For: 7 August By Investing.com
This article from Investing.com reports that MYR Group Inc. filed a Form 8K on August 7th. The brief news item includes the company's stock symbol MYRG and its current price performance, showing a 1.90% increase. The article itself is very concise, serving primarily as an announcement of the SEC filing.
MYR Group posts updated investor presentation, reports record LTM revenue $4.01B and Q2 revenue $1.08B
MYR Group has released an updated investor presentation, highlighting record financial performance with last twelve months (LTM) revenue of $4.01 billion and Q2 revenue of $1.08 billion. The company also reported strong LTM net income of $165.3 million and diluted EPS of $10.54, with a backlog reaching $3.16 billion as of June 30, 2026. MYR Group further expanded its C&I footprint through the recent acquisitions of Valley Electric and Comet Electric.
MYR Group (NASDAQ: MYRG) shows record revenue, earnings and backlog
MYR Group Inc. reported record financial performance for Q2 2026, with revenues reaching $1.08 billion, net income of $49 million, and diluted EPS of $3.17. The company's total backlog grew to $3.16 billion. For the trailing twelve months ended June 30, 2026, MYR Group achieved record revenue of $4.01 billion, net income of $165 million, diluted EPS of $10.54, EBITDA of $293 million, and free cash flow of $193 million, demonstrating strong operational momentum and market demand.
MYR Group, Inc. $MYRG Shares Acquired by California State Teachers Retirement System
California State Teachers Retirement System increased its stake in MYR Group, Inc. by 23.9% in the first quarter, now owning 18,260 shares valued at approximately $5.16 million. Institutional investors hold 88.9% of the company, which recently reported strong quarterly results with EPS of $3.17 against a $2.62 consensus and revenue of $1.08 billion, a 20.1% year-over-year increase. Despite analyst sentiment being moderately bullish with a "Moderate Buy" rating, two directors sold a combined 18,175 shares in June.
Sei Investments Co. Has $4.94 Million Stake in MYR Group, Inc. $MYRG
Sei Investments Co. increased its stake in MYR Group, Inc. (NASDAQ:MYRG) by 68.8% in the first quarter, now holding 17,498 shares valued at $4.94 million. Institutional investors own 88.9% of the company, while two directors recently sold shares totaling approximately $8.17 million. MYR Group reported strong quarterly earnings, beating estimates with $3.17 EPS and $1.08 billion in revenue, and analysts maintain a "Moderate Buy" rating with a $426 consensus price target.
Royal Bank of Canada Sells 11,461 Shares of MYR Group, Inc. $MYRG
Royal Bank of Canada reduced its holdings in MYR Group, Inc. by 11.4% in the first quarter, selling 11,461 shares and retaining 89,192 shares valued at approximately $25.2 million. Other institutional investors also adjusted their positions, and institutional investors collectively own 88.90% of MYR Group's stock. The company reported strong second-quarter earnings, beating consensus estimates, and analysts maintain a "Moderate Buy" rating with an average price target of $426.00, despite recent insider share sales by two directors.
5 Insightful Analyst Questions From MYR Group’s Q2 Earnings Call
MYR Group reported strong Q2 results, exceeding analyst expectations in revenue, EPS, and EBITDA, driven by robust demand in T&D and C&I segments. The article highlights key analyst questions from the earnings call, focusing on the integration of recent acquisitions, cash flow management, backlog conversion, and resource capacity for new business. Future catalysts include integration pace, backlog conversion, margin trends, and sustained demand in core markets.
Analysts Conflicted on These Industrial Goods Names: MYR Group (MYRG), RBC Bearings (RBC) and Huntington Ingalls (HII)
This article discusses conflicting analyst ratings for three industrial goods companies: MYR Group (MYRG), RBC Bearings (RBC), and Huntington Ingalls (HII). Oppenheimer maintained a Hold rating on MYR Group, while RBC Bearings received a Buy rating from Truist Financial and KeyBanc. Goldman Sachs maintained a Buy rating on Huntington Ingalls.
Edgestream Partners L.P. Sells 20,648 Shares of MYR Group, Inc. $MYRG
Edgestream Partners L.P. significantly reduced its stake in MYR Group, Inc. (NASDAQ:MYRG) by selling 84.5% of its shares, retaining 3,791 shares valued at $1.07 million. This comes as MYR Group reported strong quarterly earnings, beating analyst estimates with EPS of $3.17 and a 20.1% increase in revenue. Despite some insider selling, analysts maintain a "Moderate Buy" consensus with a $426 price target for the company.
Is MYR Group (MYRG) Using Record Backlog and M&A Firepower to Redefine Its Infrastructure Role?
MYR Group Inc. reported strong Q2 2026 results with higher sales and net income, supported by a record backlog in Transmission & Distribution and Commercial & Industrial sectors. The company is actively seeking acquisitions and share repurchases, funded by its credit facility and operating cash flow, to expand capabilities and reinforce its position in infrastructure modernization. While a robust backlog and growth plans are positive, investors should consider potential risks like rising labor costs, M&A integration challenges, and earnings volatility.
Is MYR Group (MYRG) Using Record Backlog and M&A Firepower to Redefine Its Infrastructure Role?
MYR Group (MYRG) recently reported strong Q2 2026 results with increased sales, net income, and a record backlog, driven by demand in Transmission & Distribution and Commercial & Industrial sectors. The company also indicated plans for future acquisitions and share repurchases, leveraging its credit facility and operating cash flow to expand capabilities and strengthen its position in infrastructure modernization. This strategy aims to reinforce its role in long-term infrastructure upgrades, though investors should also consider risks like earnings volatility and M&A integration challenges.
