MYR Group (MYRG) Projected to Announce Earnings on Wednesday

Posted by on Jul 22nd, 2026

MYR Group (NASDAQ:MYRG – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to post earnings of $2.61 per share and revenue of $995.7350 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

MYR Group (NASDAQ:MYRG – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.90. The business had revenue of $1 billion during the quarter, compared to the consensus estimate of $932.45 million. MYR Group had a return on equity of 22.14% and a net margin of 3.71%.The company’s revenue was up 20.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.45 earnings per share. On average, analysts expect MYR Group to post $11 EPS for the current fiscal year and $13 EPS for the next fiscal year.

MYR Group Stock Performance

Shares of MYRG opened at $400.10 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.01. The firm has a market cap of $6.23 billion, a PE ratio of 44.11 and a beta of 1.31. The company’s 50 day simple moving average is $445.48 and its 200-day simple moving average is $342.58. MYR Group has a 12-month low of $171.51 and a 12-month high of $503.57.

Insider Activity

In other MYR Group news, Director Kenneth Michael Hartwick sold 3,500 shares of MYR Group stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $450.50, for a total value of $1,576,750.00. Following the sale, the director owned 18,631 shares of the company’s stock, valued at approximately $8,393,265.50. The trade was a 15.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald C.I. Lucky sold 14,675 shares of MYR Group stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $449.53, for a total value of $6,596,852.75. Following the completion of the sale, the director owned 5,579 shares in the company, valued at approximately $2,507,927.87. This trade represents a 72.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On MYR Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FORA Capital LLC acquired a new stake in shares of MYR Group in the 2nd quarter worth approximately $229,000. Fieldview Capital Management LLC acquired a new position in shares of MYR Group during the 4th quarter worth $226,000. Cibc World Markets Corp acquired a new stake in MYR Group in the 4th quarter valued at about $223,000. Cetera Investment Advisers purchased a new position in MYR Group during the 2nd quarter valued at about $221,000. Finally, SkyView Investment Advisors LLC purchased a new stake in shares of MYR Group in the fourth quarter valued at about $219,000. Institutional investors and hedge funds own 88.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MYRG. Weiss Ratings reiterated a “buy (b-)” rating on shares of MYR Group in a research note on Friday. Oppenheimer reaffirmed a “market perform” rating on shares of MYR Group in a research note on Thursday, June 11th. Jefferies Financial Group set a $392.00 price objective on MYR Group in a research report on Friday, July 10th. Stifel Nicolaus set a $503.00 target price on MYR Group in a report on Monday, May 4th. Finally, Cantor Fitzgerald upped their price target on MYR Group from $311.00 to $564.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, MYR Group presently has an average rating of “Moderate Buy” and an average price target of $389.83.

Get Our Latest Report on MYRG

MYR Group Company Profile

(Get Free Report)

MYR Group Inc (NASDAQ: MYRG) is a specialty electrical contractor that provides a broad array of construction, maintenance and emergency restoration services to utility, commercial, industrial and renewable energy customers. The company was formed in 1995 through the consolidation of several regional specialty contractors and has since expanded its capabilities to support complex transmission and distribution projects, substation installations, communication and wireless infrastructure, as well as renewable power interconnections.

Through a network of operating subsidiaries, MYR Group delivers turnkey solutions that include overhead and underground line construction, substation and switchgear installation, substation maintenance and testing, and storm restoration services.

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Earnings History for MYR Group (NASDAQ:MYRG)

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