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MYRG logo MYRG
Upturn stock ratingUpturn stock rating
MYRG logo

MYR Group Inc (MYRG)

Upturn stock ratingUpturn stock rating
$205.98
Last Close (24-hour delay)
Profit since last BUY-0.46%
upturn advisory
Strong Buy
BUY since 12 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

10/14/2025: MYRG (3-star) is a STRONG-BUY. BUY since 12 days. Simulated Profits (-0.46%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $218

1 Year Target Price $218

Analysts Price Target For last 52 week
$218 Target price
52w Low $97.72
Current$205.98
52w High $220.01

Analysis of Past Performance

Type Stock
Historic Profit 97.41%
Avg. Invested days 66
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/14/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.20B USD
Price to earnings Ratio 43.28
1Y Target Price 218
Price to earnings Ratio 43.28
1Y Target Price 218
Volume (30-day avg) 5
Beta 1.19
52 Weeks Range 97.72 - 220.01
Updated Date 10/14/2025
52 Weeks Range 97.72 - 220.01
Updated Date 10/14/2025
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 2025-10-22
When -
Estimate 1.98
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 43.28
Forward PE -
Enterprise Value 3266292467
Price to Sales(TTM) 0.93
Enterprise Value 3266292467
Price to Sales(TTM) 0.93
Enterprise Value to Revenue 0.95
Enterprise Value to EBITDA 17.29
Shares Outstanding 15522834
Shares Floating 15225106
Shares Outstanding 15522834
Shares Floating 15225106
Percent Insiders 1.81
Percent Institutions 101.91

ai summary icon Upturn AI SWOT

MYR Group Inc

stock logo

Company Overview

overview logo History and Background

MYR Group Inc. was founded in 1891 as Hatfield Electric Company. Over time, it evolved through various acquisitions and expansions, ultimately becoming a leading specialty contractor serving the electrical infrastructure industry in the United States and Canada.

business area logo Core Business Areas

  • Transmission and Distribution (T&D): Provides engineering, procurement, and construction (EPC) services for high-voltage power delivery infrastructure, including substations, transmission lines, and distribution systems.
  • Commercial and Industrial (C&I): Offers electrical construction services for commercial, industrial, and institutional facilities, including renewable energy projects, data centers, and healthcare facilities.

leadership logo Leadership and Structure

MYR Group Inc. is led by a Board of Directors and an executive management team. The organizational structure is divided into the T&D and C&I segments, each with its own operational and management teams.

Top Products and Market Share

overview logo Key Offerings

  • High-Voltage Infrastructure: Includes construction and maintenance of transmission lines, substations, and distribution systems. While precise market share data is elusive, MYR Group is a significant player in this segment. Competitors include Quanta Services (PWR) and MasTec (MTZ).
  • Commercial Electrical Construction: Encompasses electrical construction for commercial buildings, data centers, and renewable energy projects. Market share varies by region and project type. Key competitors include Rosendin Electric and Cupertino Electric.

Market Dynamics

industry overview logo Industry Overview

The electrical infrastructure industry is experiencing growth driven by increasing demand for electricity, grid modernization efforts, and the expansion of renewable energy sources.

Positioning

MYR Group Inc. is a well-established player with a strong reputation for quality and safety. Its expertise in both T&D and C&I positions it favorably to capitalize on industry growth.

Total Addressable Market (TAM)

The total addressable market for electrical infrastructure construction and maintenance is estimated to be in the tens of billions of dollars annually. MYR Group is positioned to capture a portion of this TAM through its diverse service offerings and geographic reach.

Upturn SWOT Analysis

Strengths

  • Strong reputation and brand recognition
  • Diversified service offerings (T&D and C&I)
  • Experienced management team
  • National presence
  • Strong safety record

Weaknesses

  • Dependence on economic cycles
  • Project delays and cost overruns
  • Labor shortages
  • Competition for projects can be fierce and drive down margins.

Opportunities

  • Increasing demand for renewable energy infrastructure
  • Government investments in grid modernization
  • Expansion into new geographic markets
  • Acquisition of complementary businesses

Threats

  • Economic downturns
  • Fluctuations in commodity prices (e.g., copper)
  • Increased competition
  • Changes in government regulations

Competitors and Market Share

competitor logo Key Competitors

  • Quanta Services (PWR)
  • MasTec (MTZ)
  • Rosendin Electric
  • Cupertino Electric

Competitive Landscape

MYR Group Inc. competes with other specialty contractors on the basis of price, quality, safety, and expertise. Its diversified service offerings and strong reputation are key competitive advantages.

Major Acquisitions

Stellar Infrastructure

  • Year: 2019
  • Acquisition Price (USD millions): 37.5
  • Strategic Rationale: Expanded MYR Group's presence in the Southwest and added capabilities in fiber optic installation.

Growth Trajectory and Initiatives

Historical Growth: MYR Group Inc.'s growth has been driven by organic expansion and strategic acquisitions.

Future Projections: Future growth is projected to be driven by the factors mentioned above, particularly the demand for renewable energy and grid modernization.

Recent Initiatives: Recent strategic initiatives include expanding into new geographic markets and acquiring companies with complementary capabilities.

Summary

MYR Group is a stable company benefiting from increased demand for electrical infrastructure. Its strengths lie in its diverse services and reputation. However, it needs to manage project costs and labor challenges. Expansion into renewable energy projects presents significant opportunities for future growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • MYR Group Inc. Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Industry Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 8500

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.