MYR Group (MYRG)
Builds utility grids and complex electrical systems across the United States and Canada.
Something off on this page? Send us feedback.
Builds and maintains transmission lines, substations, distribution networks, and electrical systems for data centers, transportation, healthcare, manufacturing, and other commercial or industrial facilities across the United States and Canada. Earns contract revenue through utility projects and largely fixed-price commercial work, with results tied to bid discipline and project execution.
Builds, upgrades, and maintains electrical infrastructure through two contracting segments. Transmission and Distribution covers high-voltage lines, substations, lower-voltage networks, clean-energy projects, EV charging infrastructure, and emergency restoration for utilities and power producers across the United States and Ontario.
Commercial and Industrial designs, installs, maintains, and repairs wiring for data centers, transportation systems, hospitals, manufacturing and processing facilities, and other complex sites across the United States and western Canada. The Valley acquisition broadened this operation in the western United States.
Competes through local customer relationships, technical and project-management expertise, a centralized specialized-equipment fleet, safety performance, and bonding capacity. Revenue depends on competitively bid projects and utility or construction spending; fixed-price work exposes margins to labor, materials, scheduling, and cost-estimation errors, while many contracts can be terminated on short notice.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 13, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $124 | Target: $422 |
| Jul 30, 2026 | Robert W. Baird | Target | Target: $450 | Target: $375 |
| Jul 20, 2026 | Industrial Alliance Securities | Target | Target: — | Target: $530 |
| Jul 10, 2026 | Jefferies | Target | Target: — | Target: $392 |
| May 4, 2026 | Stifel Nicolaus | Target | Target: $351 | Target: $503 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $137.9M · Total debt $67.1M · Total assets $1.67B · Shareholders' equity $754.4M
- Revenue
- $1.08B
- Operating income
- $67.9M
- Net income
- $49.9M
No dividends on record.
| Institutions | ≈ 99.02% | 15.42M shares | |
|---|---|---|---|
| 479 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.87% | 290.4K shares | |
| 13 holders · as of Sep 4, 2026 | |||
| Adds to | 100.89% | ||
15.57M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 100.89%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.82% | 2.46M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.34% | 831,902 | as of Jun 30, 2026 |
Victory Capital Management Inc.Institution | 4.98% | 775,145 | filed Jan 30, 2020 |
Vanguard Capital Management LLCInstitution | 4.43% | 689,324 | as of Jun 30, 2026 |
State Street CorpInstitution | 4.02% | 625,221 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 3, 2026 | Kenneth Michael Hartwick | director | −3,500 | $450.50 |
| Jun 3, 2026 | Donald C.i. Lucky | director | −14,675 | $449.53 |
| Jun 1, 2026 | Shirin O'Connor | director | −3,159 | $447.19 |
| Jun 1, 2026 | Kelly Michelle Huntington | officer: Senior VP and CFO | −2,000 | $457.66 |
| Nov 4, 2025 | Don A. Egan | officer: SVP and COO C&I | −2,900 | $233.40 |
- Quanta Services
Largest U.S. T&D specialty contractor; named in MYRG 10-K.
- MasTec
Named T&D rival in MYRG 10-K; power delivery and clean energy.
- EMCOR Group
Top U.S. mechanical/electrical C&I contractor; outranks MYRG.
- Primoris Services
Closest utility/energy peer; overlaps on distribution and T&D.
- Comfort Systems USA
National MEP contractor; C&I overlap in industrial and data centers.
- IES
Electrical contractor near MYRG in rankings; C&I and data center.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MYR Group | $289.05 | +0.00% | $4.49B | 27.4 | 22.5 | 1.1 | +20.2% |
| Quanta Services | $637.84 | −0.76% | $96.61B | 73.6 | 35.7 | 2.9 | +41.1% |
| MasTec | $223.00 | +0.65% | $17.90B | 35.6 | 20.0 | 1.1 | +23.4% |
| EMCOR Group | $756.50 | +0.01% | $33.42B | 23.7 | 21.7 | 1.8 | +19.8% |
| Primoris Services | $76.32 | −0.04% | $4.17B | 30.3 | 19.2 | 0.6 | −10.7% |
| Comfort Systems USA | $1,613.45 | −0.70% | $57.46B | 40.2 | 30.8 | 5.1 | +50.3% |
| IES | $320.40 | −0.15% | $12.82B | 28.6 | 25.5 | 3.2 | +39.6% |
| Median | 32.9 | 23.6 | 2.4 | +31.5% |