Goldman initiated coverage on MYR Group with a new price target
$MYRG
Water Sewer Pipeline Comm & Power Line Construction
Industrials
Goldman initiated coverage of MYR Group with a rating of Buy and set a new price target of $164.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/6/2025 | Buy → Neutral | Goldman | |
| 4/8/2025 | $124.00 | Neutral | Piper Sandler |
| 3/14/2025 | $136.00 | Sector Weight → Overweight | KeyBanc Capital Markets |
| 2/26/2024 | $165.00 | Buy → Neutral | Sidoti |
| 1/10/2024 | Sector Weight | KeyBanc Capital Markets | |
| 12/15/2023 | $164.00 | Buy | Goldman |
| 11/16/2023 | $144.00 | Buy | Stifel |
| 10/17/2023 | Neutral → Buy | Sidoti |
THORNTON, Colo., July 16, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its second quarter 2025 results on Wednesday, July 30, 2025, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, July 31, 2025, at 8 a.m. Mountain Time. To participate via telephone and join the call live, please register in advance here: https://register-conf.media-server.com/register/BI77f3a6
THORNTON, Colo., July 14, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced that an MYR Group subsidiary has executed a five-year Design-Build Electric Distribution Master Service Agreement (MSA) with Xcel Energy Inc. (Xcel Energy). The MSA includes turnkey, design-build distribution services including, permitting, right of way, public outreach, design and construction in Xcel Energy's service territories across multiple states. The contract is effective through 2029, and it is anticipate
THORNTON, Colo., May 12, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the 2025 Wells Fargo Industrials & Materials investor conference. MYR Group's Chief Executive Officer, Rick Swartz, and Chief Financial Officer, Kelly Huntington, will meet with institutional investors during the 2025 Wells Fargo Industrials & Materials Conference on Thursday, June 12, 2025, in Chicago. This event is only available to Wells Fargo clients. About MYR Group Inc.MYR Group is a holding c
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4 - MYR GROUP INC. (0000700923) (Issuer)
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THORNTON, Colo., July 16, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its second quarter 2025 results on Wednesday, July 30, 2025, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, July 31, 2025, at 8 a.m. Mountain Time. To participate via telephone and join the call live, please register in advance here: https://register-conf.media-server.com/register/BI77f3a6
THORNTON, Colo., April 30, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its first quarter 2025 financial results. Highlights for First Quarter 2025 Quarterly revenues of $833.6 millionQuarterly net income of $23.3 million, or $1.45 per diluted shareQuarterly EBITDA of $50.2 millionBacklog of $2.64 billion Management CommentsRick Swartz, MYR Group's President and CEO, said, "We achieved solid financial results in the first quarter of 2025, with increases in revenue, net incom
THORNTON, Colo., April 16, 2025 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will release its first quarter 2025 results on Wednesday, April 30, 2025, after the market closes. In conjunction with the release, MYR Group has scheduled a conference call and simultaneous webcast to discuss results on Thursday, May 1, 2025, at 8 a.m. Mountain Time. To participate via telephone and join the call live, please register in advance here: https://register-conf.media-server.com/register/BI7b1171e
Goldman downgraded MYR Group from Buy to Neutral
Piper Sandler initiated coverage of MYR Group with a rating of Neutral and set a new price target of $124.00
KeyBanc Capital Markets upgraded MYR Group from Sector Weight to Overweight and set a new price target of $136.00
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8-K - MYR GROUP INC. (0000700923) (Filer)
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SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (NASDAQ:TPIC) announced today that Jennifer Lowry will be appointed to its board of directors, effective as of November 13, 2024. Ms. Lowry also will serve on the Audit Committee of the Board. Ms. Lowry brings many years of broad finance experience in the electric power industry. "We are excited to have Jen join our board," said Bill Siwek, TPI's President and CEO. "We will greatly benefit from Jen's experience in the electric power industry to help support our long-term strategy." Ms. Lowry currently serves as an independent director of Clearway Energy, Inc. (NYSE:CWEN) since February 2022 and MYR Group Inc.
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
THORNTON, Colo., March 27, 2023 (GLOBE NEWSWIRE) -- MYR Group Inc. ("MYR Group" or the "Company") (NASDAQ:MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today that as part of a planned leadership succession process, Jeffrey J. "Jeff" Waneka notified the Company of his decision to retire as Senior Vice President and Chief Operating Officer of MYR Group's Commercial and Industrial ("C&I") segment, effective May 1, 2023. Mr. Waneka will remain in an advisory role with the Company to assist with an orderly transition of his duties. Mr. Waneka will b
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