MYR Group (MYRG) Projected to Post Quarterly Earnings on Wednesday

MYR Group (NASDAQ:MYRG) is anticipated to release its Q3 2026 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $2.97 per share and revenue of $1.16 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 10:00 AM ET.

MYR Group (NASDAQ:MYRG) last released its quarterly earnings results on Wednesday, July 29th. The utilities provider reported $3.17 EPS for the quarter, beating analysts’ consensus estimates of $2.62 by $0.55. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $995.74 million. MYR Group had a return on equity of 24.17% and a net margin of 4.13%. The firm’s revenue was up 20.1% compared to the same quarter last year. During the same period last year, the business posted $1.70 earnings per share. On average, analysts expect MYR Group to post $12.43 EPS for the current fiscal year and $14.03 EPS for the next fiscal year.

MYR Group Price Performance

Shares of NASDAQ MYRG opened at $260.52 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market cap of $4.06 billion, a PE ratio of 24.72 and a beta of 1.32. The business has a 50-day simple moving average of $293.42 and a two-hundred day simple moving average of $332.40. MYR Group has a fifty-two week low of $199.30 and a fifty-two week high of $503.57.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group upgraded shares of MYR Group from a “hold” rating to a “buy” rating and cut their price objective for the company from $377.00 to $370.00 in a report on Tuesday, October 6th. Wall Street Zen cut shares of MYR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $331.00 target price on shares of MYR Group in a research note on Thursday. Stifel Nicolaus dropped their target price on shares of MYR Group from $445.00 to $393.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Finally, Robert W. Baird set a $375.00 price target on shares of MYR Group in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $406.60.

MYR Group Company Profile

MYR Group Inc is a holding company that operates specialty electrical infrastructure contracting businesses in the United States and Canada. Its companies provide construction, maintenance, repair and emergency restoration services for electric power infrastructure and other complex electrical systems.

MYR Group operates through two primary segments: Transmission and Distribution and Commercial and Industrial. Its transmission and distribution work includes overhead and underground power lines, substations and related utility infrastructure.