Wall Street analyst estimates for MYR Group Inc. (MYRG): consensus price target and buy/hold/sell recommendations.
Operating across the United States and Canada, MYR Group Inc. is a leading provider of electrical construction services, delivered through its two core divisions: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution division specializes in comprehensive services for electrical transmission and distribution grids, as well as substation infrastructure.
Consensus price target
$399.80 (+43 % vs price $279.92)
between $331.00 and $530.00 · 5 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 10 |
| Hold | 12 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 22 |
| Avg rating (−2 sell to +2 buy) | 0.46 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-28 | $2.97 | ||
| 2026-07-29 | $3.17 | $2.62 | +21.0% |
| 2026-04-29 | $2.99 | $2.09 | +43.1% |
| 2026-02-25 | $2.33 | $1.73 | +34.7% |
| 2025-10-29 | $2.05 | $1.82 | +12.6% |
| 2025-07-30 | $1.70 | $1.56 | +9.0% |
| 2025-04-30 | $1.45 | $1.23 | +17.9% |
| 2025-02-26 | $0.99 | $0.75 | +32.0% |
Valuation Ratios
| P/E Ratio | 26.58 |
| Price / Book | 5.50 |
| EV / EBITDA | 13.84 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.40B | $1.53B | $2.07B | $2.25B | $2.50B | $3.01B | $3.64B | $3.36B | $3.66B |
| Cost of Revenue | $1.01B | $1.28B | $1.36B | $1.86B | $1.97B | $2.17B | $2.66B | $3.28B | $3.07B | $3.24B |
| Gross Profit | $134.7M | $125.0M | $167.1M | $214.2M | $275.9M | $325.0M | $344.0M | $364.4M | $290.3M | $419.0M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $96.4M | $98.6M | $118.7M | $156.7M | $188.5M | $207.2M | $222.4M | $234.6M | $238.2M | $256.4M |
| Operating Expenses | $97.3M | $99.1M | $120.6M | $157.0M | $189.3M | $206.4M | $229.1M | $235.3M | $236.2M | $256.4M |
| Operating Income | $38.8M | $29.6M | $50.3M | $57.2M | $86.5M | $118.6M | $114.9M | $129.1M | $54.1M | $162.6M |
| EBITDA | $76.5M | $64.5M | $86.4M | $101.2M | $132.4M | $164.3M | $175.9M | $189.1M | $118.2M | $233.4M |
| Interest Expense | $1.3M | $2.6M | $3.7M | $6.2M | $4.6M | $1.8M | $3.6M | $4.9M | $6.5M | $5.6M |
| Pre-tax Income | $38.3M | $24.6M | $43.1M | $50.4M | $81.4M | $116.3M | $114.2M | $125.0M | $46.5M | $161.3M |
| Income Tax | $16.9M | $3.5M | $11.8M | $14.2M | $22.6M | $31.3M | $30.8M | $34.0M | $16.2M | $42.9M |
| Net Income | $21.4M | $21.2M | $31.1M | $37.7M | $58.8M | $85.0M | $83.4M | $91.0M | $30.3M | $118.4M |
| EPS | $1.25 | $1.30 | $1.89 | $2.27 | $3.52 | $5.05 | $4.97 | $5.45 | $1.84 | $7.57 |
| EPS (Diluted) | $1.23 | $1.28 | $1.87 | $2.26 | $3.48 | $4.95 | $4.91 | $5.40 | $1.83 | $7.53 |
| Shares Outstanding (Diluted) | 17.5 M | 16.5 M | 16.6 M | 16.7 M | 16.9 M | 17.2 M | 17.0 M | 16.8 M | 16.5 M | 15.7 M |
Price
| Price | $279.92 (closing price, October 28, 2026) |
| Market Cap | $4.4B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Industrials · Engineering & Construction
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