MYR Group, Inc. (NASDAQ:MYRG) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of MYR Group, Inc. (NASDAQ:MYRG) have earned a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $218.7143.

MYRG has been the subject of several research reports. Stifel Nicolaus raised their price target on shares of MYR Group from $237.00 to $262.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Clear Str upgraded shares of MYR Group to a “strong-buy” rating in a report on Monday, December 15th. Zacks Research lowered shares of MYR Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Wall Street Zen raised shares of MYR Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 21st. Finally, Cantor Fitzgerald began coverage on shares of MYR Group in a research note on Friday, January 23rd. They set an “overweight” rating and a $285.00 price objective for the company.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its stake in shares of MYR Group by 20.8% during the 1st quarter. Royal Bank of Canada now owns 12,791 shares of the utilities provider’s stock worth $1,447,000 after purchasing an additional 2,205 shares in the last quarter. AQR Capital Management LLC raised its position in MYR Group by 124.5% during the first quarter. AQR Capital Management LLC now owns 10,898 shares of the utilities provider’s stock worth $1,232,000 after acquiring an additional 6,044 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in MYR Group by 0.7% in the first quarter. Goldman Sachs Group Inc. now owns 203,356 shares of the utilities provider’s stock valued at $22,998,000 after acquiring an additional 1,437 shares during the last quarter. Ethic Inc. bought a new position in shares of MYR Group in the 2nd quarter valued at about $301,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in shares of MYR Group in the 2nd quarter valued at about $218,000. 88.90% of the stock is currently owned by institutional investors.

MYR Group Stock Performance

MYRG opened at $272.47 on Friday. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 36.18 and a beta of 1.17. The business’s 50-day moving average price is $248.03 and its two-hundred day moving average price is $219.55. MYR Group has a 1 year low of $97.72 and a 1 year high of $290.87. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.33 and a quick ratio of 1.33.

MYR Group (NASDAQ:MYRG) last posted its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $2.33 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.60. MYR Group had a return on equity of 20.31% and a net margin of 3.24%.The company had revenue of $973.54 million during the quarter, compared to analysts’ expectations of $897.73 million. During the same period in the prior year, the firm earned $0.99 earnings per share. MYR Group’s revenue for the quarter was up 17.3% compared to the same quarter last year. Equities analysts expect that MYR Group will post 1.16 EPS for the current fiscal year.

Key MYR Group News

Here are the key news stories impacting MYR Group this week:

• Positive Sentiment: Q4 beat — MYR reported better-than-expected Q4 results (revenue and EPS ahead of consensus), with meaningful margin and operating cash improvements that strengthen near-term profitability outlook. MYR Group Inc. Announces Fourth-Quarter and Full Year 2025 Results
• Positive Sentiment: Backlog and guidance — Management outlined a roughly $2.8B backlog and a ~10% revenue growth target, driven by accelerating electrification demand (supporting multi-year organic growth). MYR Group outlines 10% revenue growth target and $2.8B backlog as electrification demand accelerates
• Positive Sentiment: Investor takeaways from the call — Management emphasized project demand across utility and C&I markets and cited improving operating leverage; the earnings call transcript provides color on margin drivers and backlog conversion. MYR Group Inc. (MYRG) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Valuation watch — Analysts and commentators are re‑examining valuation after the beat; median analyst targets are roughly in the current neighborhood, so upside from here depends on execution and continued backlog conversion. A Look At MYR Group (MYRG) Valuation After Earnings Beat And Strong Backlog Update
• Negative Sentiment: Insider and institutional selling — Recent filings show insider sales and large institutional reductions from some major holders, which can create near-term selling pressure even after a beat. MYR Group (MYRG) Releases Q4 2025 Earnings: Revenue and EPS Surge
• Negative Sentiment: Near-term pullback risk — The stock is trading down today on elevated volume; that suggests profit-taking or position adjustments following the run-up to earnings despite the fundamentally positive print. MYR Group (NASDAQ:MYRG) Delivers Strong Q4 CY2025 Numbers

MYR Group Company Profile

MYR Group Inc (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services.