Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
MYRG 
MYR Group Inc (MYRG)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/12/2025: MYRG (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $209.6
1 Year Target Price $209.6
| 4 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 98.32% | Avg. Invested days 79 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.73B USD | Price to earnings Ratio 36.9 | 1Y Target Price 209.6 |
Price to earnings Ratio 36.9 | 1Y Target Price 209.6 | ||
Volume (30-day avg) 5 | Beta 1.19 | 52 Weeks Range 96.77 - 220.01 | Updated Date 09/14/2025 |
52 Weeks Range 96.77 - 220.01 | Updated Date 09/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.76 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 2.21% | Operating Margin (TTM) 4.35% |
Management Effectiveness
Return on Assets (TTM) 4.37% | Return on Equity (TTM) 12.56% |
Valuation
Trailing PE 36.9 | Forward PE - | Enterprise Value 2837086107 | Price to Sales(TTM) 0.79 |
Enterprise Value 2837086107 | Price to Sales(TTM) 0.79 | ||
Enterprise Value to Revenue 0.82 | Enterprise Value to EBITDA 15.02 | Shares Outstanding 15522800 | Shares Floating 15225106 |
Shares Outstanding 15522800 | Shares Floating 15225106 | ||
Percent Insiders 1.81 | Percent Institutions 101.07 |
Upturn AI SWOT
MYR Group Inc
Company Overview
History and Background
MYR Group Inc. was founded in 1891 as Hatfield Electric Company. It evolved through acquisitions and organic growth, becoming MYR Group Inc., a leading electrical contractor specializing in transmission and distribution infrastructure and commercial and industrial construction.
Core Business Areas
- Transmission and Distribution (T&D): Focuses on the design, engineering, procurement, construction, upgrade, and maintenance of high-voltage power delivery systems, including substations, transmission lines, and distribution networks. This segment accounts for a significant portion of MYR Group's revenue.
- Commercial and Industrial (C&I): Provides a range of electrical construction services for commercial buildings, industrial facilities, data centers, and renewable energy projects. This includes electrical wiring, lighting, power systems, and instrumentation.
Leadership and Structure
MYR Group is led by Richard S. Swartz as President and CEO. The company has a hierarchical organizational structure with regional operating subsidiaries reporting to the corporate headquarters.
Top Products and Market Share
Key Offerings
- Transmission Line Construction: Construction of high-voltage transmission lines and substations. The market is fragmented with competitors like Quanta Services (PWR) and MasTec (MTZ). Market share data not publicly disclosable.
- Distribution Network Upgrades: Modernization and expansion of electrical distribution networks. Competitors include Quanta Services (PWR) and MasTec (MTZ). Market share data not publicly disclosable.
- Electrical Construction for Data Centers: Providing electrical infrastructure for data center construction projects. Competitors include Rosendin Electric and other regional players. Market share data not publicly disclosable.
- Substation Construction and Maintenance: Substation construction and maintenance services, providing safe, reliable electrical grids to their customers. Competitors include Quanta Services (PWR) and MasTec (MTZ). Market share data not publicly disclosable.
Market Dynamics
Industry Overview
The electrical construction industry is driven by infrastructure investments, renewable energy growth, and the need to upgrade aging grid infrastructure. Factors such as government regulations, technological advancements, and economic cycles influence the industry.
Positioning
MYR Group is a well-established player with a strong reputation for technical expertise and project execution. It benefits from long-term relationships with utilities and industrial clients.
Total Addressable Market (TAM)
The TAM for electrical infrastructure services is estimated to be in the billions of dollars annually. MYR Group is well-positioned to capture a significant share of this market due to its expertise and geographic presence. An estimated market value is around $100 Billion.
Upturn SWOT Analysis
Strengths
- Strong track record of project execution
- Established relationships with key clients
- Technical expertise in transmission and distribution
- Diversified service offerings
Weaknesses
- Dependence on large projects
- Exposure to economic cycles
- Potential for project delays and cost overruns
- Highly competitive bidding environment
Opportunities
- Growth in renewable energy infrastructure
- Increased investment in grid modernization
- Expansion into new geographic markets
- Acquisition of smaller competitors
Threats
- Fluctuations in commodity prices
- Changes in government regulations
- Shortage of skilled labor
- Increased competition from larger players
Competitors and Market Share
Key Competitors
- PWR
- MTZ
- EMCOR
Competitive Landscape
MYR Group competes with larger players like Quanta Services and MasTec, as well as smaller regional contractors. Its advantages include a strong reputation for technical expertise and a diversified service offering. The disadvantage may include size compared to some others.
Major Acquisitions
Harlan Electric Company
- Year: 2012
- Acquisition Price (USD millions):
- Strategic Rationale: Expanded MYR Group's electrical construction capabilities and geographic presence.
Sturgeon Electric Company Inc.
- Year: 2007
- Acquisition Price (USD millions):
- Strategic Rationale: Strengthened transmission and distribution expertise and expanded into the western United States.
Growth Trajectory and Initiatives
Historical Growth: MYR Group has demonstrated steady growth driven by infrastructure investments and the expansion of its service offerings.
Future Projections: Future growth projections rely on analyst estimates and company guidance. Look for projections related to revenue growth, earnings per share, and capital expenditures.
Recent Initiatives: Recent strategic initiatives include acquisitions to expand service offerings and geographic reach.
Summary
MYR Group Inc. exhibits financial stability and steady growth within the electrical infrastructure industry. Its strong market position and focus on upgrading grid infrastructure and renewable energy projects drive revenue and net income growth. While it depends on large projects and a competitive environment, its commitment to long-term partnerships and strategic acquisitions creates a stable revenue backlog. However it needs to be aware of the threats of fluctuations in commodity prices and a shortage of skilled labor.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Financial News Outlets
- Analyst Reports
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share data is based on available estimates and may not be precise. Actual financial performance may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MYR Group Inc
Exchange NASDAQ | Headquaters Thornton, CO, United States | ||
IPO Launch date 2008-08-13 | President, CEO & Director Mr. Richard S. Swartz Jr. | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 8500 | Website https://www.myrgroup.com |
Full time employees 8500 | Website https://www.myrgroup.com | ||
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates through 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 electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages. This segment serves as 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, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.