MYR Group Inc. (MYRG) Stock Price & Analysis
MYR Group Inc. (MYRG) closed at USD 254.97 on Thursday, October 22, 2026, down 7.35% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 275.21; the Oct 22, 2026 session ranged USD 252.03–267.77 on volume of 254,116 shares. Market capitalization is $3.97B, with a 52-week range of USD 199.13–503.57 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MYRG.md
Key facts (MYRG)
- Last four reported quarters (through Jun 30, 2026): revenue $4.01B, net income $165M (4.1% margin), free cash flow $193M (SEC filings).
- Valuation: P/E 24.0x (avg 45.7x at the last 3 fiscal year-ends), EV/EBITDA 13.0x, net cash $129M.
- 1 of 80 tracked superinvestors hold MYRG (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $10.5M; 4 not under a Rule 10b5-1 plan ($10.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.43 on a 1–5 scale) (7 analysts), mean target USD 382 (range 331–441).
- Total return with dividends: 1Y +21.9% vs S&P 500 +14.9%; 5Y +131.8% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 2.98, revenue estimate $1.15B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MYRG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.50B | $3.01B | $3.64B | $3.36B | $3.66B | $4.01B |
| Gross profit | $325M | $344M | $364M | $290M | $424M | — |
| Operating income | $119M | $115M | $129M | $54.1M | $167M | $225M |
| Net income | $85.0M | $83.4M | $91.0M | $30.3M | $118M | $165M |
| EPS (diluted) | $4.95 | $4.91 | $5.40 | $1.83 | $7.53 | — |
| Free cash flow | $84.9M | $90.4M | -$13.7M | $11.2M | $232M | $193M |
| Gross margin | 13.0% | 11.4% | 10.0% | 8.6% | 11.6% | — |
| Operating margin | 4.7% | 3.8% | 3.5% | 1.6% | 4.6% | 5.6% |
| Net margin | 3.4% | 2.8% | 2.5% | 0.9% | 3.2% | 4.1% |
| Revenue growth | +11.2% | +20.4% | +21.1% | -7.7% | +8.8% | — |
| Cash + short-term investments | $82.1M | $51.0M | $24.9M | $3.5M | $150M | — |
| Total debt | $4.5M | $40.6M | $36.2M | $74.4M | $59.0M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MYRG)
P/E 24.0x · P/S 1.0x · EV/EBITDA 13.0x · EV/Sales 1.0x · P/FCF 20.5x · P/B 5.3x · FCF yield 4.87% · Earnings yield 4.16% · Buyback yield (TTM) 0.00% · Net cash $129M · EV $3.84B
P/E at fiscal year-ends: Dec 2025 29.0x, Dec 2024 81.2x, Dec 2023 26.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (MYRG)
1 of 80 tracked investors hold MYRG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Third Avenue Management | 1.05% | $6.5M | Reduced -54.7% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MYRG)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-03 | Lucky Donald C.I. | Director | 14,675 | $6.6M | 72.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-03 | Hartwick Kenneth Michael | Director | 3,500 | $1.6M | 15.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-01 | Huntington Kelly Michelle | Senior VP and CFO | 2,000 | $915K | 29.9% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-06-01 | O'Connor Shirin | Director | 3,159 | $1.4M | 43.8% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MYRG)
Consensus Buy (mean 2.43 on a 1–5 scale), 7 analysts; mean target USD 382 (low 331, high 441).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-08 | Stifel | Target lowered | Buy | $445 → $393 |
| 2026-10-06 | Jefferies | Upgrade | Hold → Buy | $377 → $370 |
| 2026-08-13 | Goldman Sachs | Target lowered | Neutral | $469 → $422 |
Total return (dividends reinvested) (MYRG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +21.9% | +131.8% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +22.0% | +18.3% |
| Volatility (annualized) | 49.5% | 44.1% |
| Max drawdown | -49.1% (Jun 2026→Oct 2026) | -50.3% (Apr 2024→Sep 2024) |
MYRG revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| C&I | $557.7M | 51.6% | +41.5% |
| T&D | $524.0M | 48.4% | +3.5% |
| Total revenue | $1.08B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MYRG customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 10.8% of revenue, per the company's 10-Q filed Jul 29, 2026. The company does not name it.
MYRG company outlook (results filed Jul 29, 2026)
- “With strong market fundamentals, a growing portfolio of capabilities, and a disciplined approach to project selection and execution, we believe we are well positioned to deliver continued growth and create long-term value for our shareholders." Second Quarter Results MYR reported second-quarter 2026 revenues of $1.08 billion, an increase of $181.4 million, compared to the second quarter of 2025.”
- “Changes in estimates of gross profit on certain projects resulted in a net gross margin increase of 0.9 percent for the second quarter of 2026, compared to a net gross margin decrease of 1.0 percent for the second quarter of 2025.”
- “Gross margin was also positively impacted during the first half of 2026, by a larger portion of our projects progressing at higher contractual margins, some of which are nearing or are at completion.”
- “Changes in estimates of gross profit on certain projects resulted in a net gross margin increase of 0.7 percent for the first half of 2026, compared to a net gross margin decrease of 1.2 percent for the first half of 2025.”
Quoted word-for-word from the SEC 8-K results press release.
MYRG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.98 | $2.95 | +1.0% | $1.15B | 6 |
| Next quarter (ends Dec 2026) | $3.00 | $2.90 | +3.3% | $1.15B | 6 |
| Current fiscal year (ends Dec 2026) | $12.13 | $11.47 | +5.7% | $4.39B | 6 |
| Next fiscal year (ends Dec 2027) | $14.44 | $13.47 | +7.1% | $5.07B | 6 |
MYRG options: expected move
Options price a move of about ±13.7% (±$35.00) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±7.8% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 60.7% | ±13.7% |
| Dec 18, 2026 | 56 | 55.7% | ±18.2% |
| Jan 15, 2027 | 84 | 54.6% | ±20.4% |
| Apr 16, 2027 | 175 | 54.8% | ±30.0% |
30-day implied volatility 58.8% vs 48.2% realized over the last 30 trading days. Put/call ratio (volume) 0.33. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:38 UTC)
| Price | USD 254.97 |
|---|---|
| Change | ▼ 7.35% (down) |
| Previous Close | USD 275.21 |
| Open | USD 265.84 |
| Day Range | USD 252.03 – 267.77 |
| 52-Week Range | USD 199.13 – 503.57 |
| Volume | 254,116 shares |
| Market Cap | $3.97B |
| Exchange | NMS |
Technical Analysis (MYRG)
Nexqual's technical model rates MYRG "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 30.2 (neutral) |
| vs SMA50 | Below (USD 296.35) |
| MACD | -7.49 (negative) |
Analyst Ratings (MYRG)
Wall Street analysts rate MYRG "Buy" based on 7 analysts, with a mean price target of USD 382 (range USD 331–441), per Nexqual as of October 23, 2026 at 10:38 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 382 |
| High Target | USD 441 |
| Low Target | USD 331 |
| Buy / Hold / Sell | 4 / 3 / 0 |
Earnings (MYRG)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 2.98 |
| Revenue Estimate | $1.15B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.17 vs est 2.64 ▲ beat |
| 2026-03-31 | USD 2.99 vs est 2.05 ▲ beat |
| 2025-12-31 | USD 2.33 vs est 1.86 ▲ beat |
| 2025-09-30 | USD 2.05 vs est 1.92 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financials & Fundamentals (MYRG)
| Total Revenue | $4.01B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +20.10% |
| Gross Margin | +12.49% |
| Operating Margin | +6.20% |
| Profit Margin | +4.13% |
| ROE | +24.71% |
| Debt / Equity | 0.09 |
| Current Ratio | 1.4 |
| Total Cash | $137.87M |
| Total Debt | $67.10M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $193.36M (4.8% of revenue) |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financial Health Score (MYRG)
Nexqual rates MYR Group Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 10:38 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 12%, operating 6% (last 12 months) |
| Balance Sheet | Strong — $138M cash and investments vs $9M debt (Jun 2026, SEC), net cash |
| Cash Flow | Mixed — FCF $193M (last 4 quarters to Jun 2026, SEC), slim 4.8% margin |
| Efficiency | Strong — ROE 25%, ROA 8.5% |
Ownership (MYRG)
| Insider Ownership | +1.86% |
|---|---|
| Institutional Ownership | +103.90% |
| Shares Outstanding | 15.57M |
| Float | 15.30M |
| Short % of Float | +5.24% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Leadership (MYRG)
MYR Group Inc. is led by Richard S. Swartz, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:38 UTC.
| President, CEO & Director | Richard S. Swartz |
|---|---|
| Senior VP & CFO | Kelly Michelle Huntington C.F.A. |
| Senior VP and COO of Commercial & Industrial | Don A. Egan |
| Senior VP & COO of Transmission & Distribution | Brian K. Stern |
| Vice President of Accounting | Marisa A. Owens |
Major Backers & Investors (MYRG)
Notable institutional backers of MYR Group Inc. include Fisher Asset Management, LLC, Price (T.Rowe) Associates Inc, Massachusetts Financial Services Co., according to Nexqual as of October 23, 2026 at 10:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Fisher Asset Management, LLC | 3.05% |
| Price (T.Rowe) Associates Inc | 2.89% |
| Massachusetts Financial Services Co. | 2.08% |
| American Century Companies Inc | 2.07% |
| Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund | 1.76% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.82% |
| Vanguard Group | 9.77% |
| State Street | 4.02% |
| Geode Capital | 3.63% |
| Dimensional Fund Advisors | 2.19% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
From MYR Group Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- A major competitive factor in our C&I segment is the individual relationships that we have developed with general contractors who typically manage the bid process, along with the willingness to be an exclusive partner with the general contractor on pursuits requiring the complete finance, design and construction services for the project.
- We are one of the largest U.S. contractors servicing the T&D sector of the electric utility industry.
- The standardization of our equipment allows us to streamline training, maintenance and parts costs.
- Our ability to internally service our fleet allows us to reduce repair costs and the time equipment is out of service by eliminating both the need to ship equipment long distances for repair and dependence on third party maintenance providers.
Legal & Regulatory Risks (Item 1A, quoted)
- Current and future legislative or regulatory actions may impact demand for our services, require utilities to meet reliability standards, and encourage installation of new electric transmission, distribution and clean energy generation facilities. However, it is unclear whether these initiatives will create sufficient incentives for projects or result in increased demand for our services.
- We have in the past and may in the future incur liabilities and suffer negative financial or reputational impacts relating to occupational health and safety matters, including those related to environmental hazards such as wildfires and other natural disasters.
- Our failure to comply with environmental and other laws and regulations could result in significant liabilities.
- Our business may be affected by seasonal and other variations, including severe weather conditions and the nature of our work environment.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KBR | KBR, Inc. | USD 39.53 | ▲ 5.95% |
| ROAD | Construction Partners, Inc. | USD 83.93 | ▼ 1.19% |
| AGX | Argan, Inc. | USD 330.3 | ▼ 4.5% |
| GVA | Granite Construction Incorporat | USD 107.45 | ▼ 2.08% |
| ECG | Everus Construction Group, Inc. | USD 97.05 | ▼ 8.44% |
| FLR | Fluor Corporation | USD 43.42 | ▼ 6.44% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt