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MYR Group Inc.MYRG
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Overview >
Market Cap
1.78B
Revenue (ttm)
3.36B
Net Income (ttm)
30.26M
Shares Out
16.14M
EPS (ttm)
1.83
PE Ratio
61.14
Forward PE
18.48
Dividend
n/a
Ex-Dividend Date
n/a
Volume
57,525
Open
111.01
Previous Close
111.89
Day's Range
108.51 - 111.50
52-Week Range
86.60 - 172.73
Beta
1.07
Analysts
Strong Buy
Price Target
147.83 (+33.95%)
Earnings Date
Apr 30, 2025
Description >

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada.

It operates in 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 limited gas construction services, as well as emergency restoration services in response to wildfire, ice, or other related damages.

This segment serves as a 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 and transportation control, and management systems..

This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers.

The company was founded in 1891 and is headquartered in Thornton, Colorado.

Latest News >
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Pound Sterling Faces Bank of England Test Nursing Losses against the Euro and Dollar
Pound Sterling Faces Bank of England Test Nursing Losses against the Euro and Dollar
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Pound Sterling to Stabilise Alongside Gas Prices and Broader Market
Pound Sterling to Stabilise Alongside Gas Prices and Broader Market
Mar 22, 2024
- GBP is worst performing major - UK energy crisis cited - Gas prices surge as Russia strangles supply - Declines exacerbated by Evergrande concerns Image © Adobe Images Market rates at publication: GBP/EUR: 1.1647 | GBP/USD: 1.3670Bank transfer rates: 1.1420 | 1.3390Specialist transfer rates: 1.1589 | 1.3600Get a bank-beating...
Pound Sterling to Push Higher against Euro says SEB
Pound Sterling to Push Higher against Euro says SEB
Mar 22, 2024
- GBP's strong 2021 is not done says SEB - BoE to propel further gains with May rate hike - But some economists warn of disappointment - See first rate hike as late as 2023 Image © Adobe Images Market rates at publication: GBP/EUR: 1.1698 | GBP/USD: 1.3705Bank transfer rates:...
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