MYR Group (MYRG) Expected to Announce Quarterly Earnings on Wednesday

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

MYR Group (NASDAQ:MYRG) last posted its quarterly earnings data on Wednesday, July 29th. The utilities provider reported $3.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.55. The firm had revenue of $1.08 billion for 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 business’s quarterly revenue was up 20.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 EPS. 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 Stock Performance

MYR Group stock opened at $254.49 on Monday. The firm has a 50 day moving average of $293.94 and a 200 day moving average of $364.97. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 24.15 and a beta of 1.32. MYR Group has a 12-month low of $199.30 and a 12-month high of $503.57. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

Several brokerages have weighed in on MYRG. Wall Street Zen downgraded shares of MYR Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. Robert W. Baird set a $375.00 price objective on shares of MYR Group in a research note on Thursday, July 30th. Zacks Research downgraded shares of MYR Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 2nd. Stifel Nicolaus decreased their price objective 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, Jefferies Financial Group upgraded shares of MYR Group from a “hold” rating to a “buy” rating and lowered their target price for the company from $377.00 to $370.00 in a research note on Tuesday, October 6th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $406.60.

About MYR Group

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.