MYR Group (MYRG) Projected to Post Earnings on Wednesday

MYR Group (NASDAQ:MYRG) is projected to release its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect MYR Group to post earnings of $1.92 per share and revenue of $931.7160 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 30, 2025 at 10:00 AM ET.

MYR Group (NASDAQ:MYRG) last announced its quarterly earnings data on Wednesday, July 30th. The utilities provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.14. The company had revenue of $900.33 million during the quarter, compared to the consensus estimate of $828.20 million. MYR Group had a net margin of 2.21% and a return on equity of 13.16%. MYR Group’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.91) EPS. On average, analysts expect MYR Group to post $1 EPS for the current fiscal year and $6 EPS for the next fiscal year.

MYR Group Stock Up 5.0%

Shares of MYR Group stock opened at $219.63 on Monday. The company has a market cap of $3.41 billion, a P/E ratio of 45.85 and a beta of 1.19. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.33 and a current ratio of 1.33. MYR Group has a one year low of $97.72 and a one year high of $221.17. The firm has a fifty day moving average of $192.07 and a two-hundred day moving average of $174.13.

Institutional Investors Weigh In On MYR Group

Large investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. boosted its stake in shares of MYR Group by 200.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,755 shares of the utilities provider’s stock worth $316,000 after purchasing an additional 1,171 shares during the last quarter. Public Sector Pension Investment Board boosted its position in MYR Group by 3.5% during the second quarter. Public Sector Pension Investment Board now owns 52,919 shares of the utilities provider’s stock worth $9,602,000 after acquiring an additional 1,774 shares during the last quarter. FORA Capital LLC purchased a new stake in MYR Group in the 2nd quarter worth approximately $229,000. Evergreen Capital Management LLC acquired a new position in MYR Group in the 2nd quarter valued at $203,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of MYR Group by 558.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,606 shares of the utilities provider’s stock worth $473,000 after purchasing an additional 2,210 shares during the period. 88.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on MYRG shares. Wall Street Zen cut shares of MYR Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of MYR Group in a research note on Saturday. The Goldman Sachs Group upped their price target on shares of MYR Group from $168.00 to $205.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Jefferies Financial Group started coverage on shares of MYR Group in a research note on Friday, August 15th. They set a “hold” rating and a $202.00 price target on the stock. Finally, Stifel Nicolaus upped their price target on shares of MYR Group from $210.00 to $226.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, MYR Group currently has a consensus rating of “Hold” and a consensus price target of $194.50.

MYR Group Company Profile

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 electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice, or other related damages.