US · Industrials · Engineering & Construction
EPS came in at 3.17 against a street estimate of 2.53 — a beat of 25.3%.
Analysts rate MYR Group Inc a strong buy (4 buy, 1 hold, 0 sell out of 5) with an average price target of $412.00.
CONFIDENT Record Q2 revenue of $1.08B (+20% YoY) and net income of $50M (+85%) driven by strong C&I growth (+42%) and better margins. Backlog hits record $3.16B. Valley/Comet acquisition closed July 1 adds ~$250M H2 revenue. Q2 2026 No regional breakdown provided; company operates across U.S. with focus on transmission (Xcel, Arizona, Texas, Colorado, Ohio, Pennsylvania) and C&I (New Jersey, Arizona, Colorado, California, New York). Analysts pressed on Valley integration speed (quick; C&I focus, systems to migrate), T&D resource constraints (none; planned for years), and C&I market mix beyond data centers (diversified: manufacturing, aerospace, hospitality). Management confident in execution and long-term visibility. 2026-07-30…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 15.50% |
| Vanguard Capital Management, LLC | 4.41% |
| State Street Corp | 3.83% |
| Vanguard Portfolio Management, LLC | 3.27% |
| Fisher Asset Management, LLC | 3.05% |
| Geode Capital Management, LLC | 2.79% |
| Delaware Management Holdings Inc | 2.38% |
| Dimensional Fund Advisors, Inc. | 2.19% |
| Document | Date |
|---|---|
| Material agreement · Q3 2026 MYR GROUP INC. - DOCUMENT SUMMARY HEADLINE NUMBERS • New credit facility total size: $690 million revolving + $150 million USD term loan + C$70 mill | 2026-09-10 |
| Reg FD disclosure · Q3 2026 MYR GROUP INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Document filed: August 7, 2026 (Form 8-K Current Report) • Company: MYR Group Inc. (Nasdaq tick | 2026-08-07 |
| Quarterly report · Q2 2026 MYR GROUP INC. - Q2 2026 SUMMARY HEADLINE NUMBERS • Contract revenues (6 months): $2,082,107 thousand (up 20.1% vs. $1,733,945 thousand in 2025) • N | 2026-07-29 |
| Results announced · Q3 2026 MYR GROUP INC. – Q2 2026 FINANCIAL SUMMARY HEADLINE NUMBERS • Q2 2026 revenues: $1.08 billion (up $181.4 million or 20.2% vs Q2 2025) • Q2 2026 net | 2026-07-29 |
| Reg FD disclosure · Q2 2026 MYR GROUP INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • Company announced acquisition of Valley Holdings I, Inc. and its subsidiaries on May 27, 2026 • | 2026-05-28 |
| Reg FD disclosure · Q2 2026 MYR GROUP INC. — FORM 8-K SUMMARY HEADLINE NUMBERS • Acquisition price: approximately $328.0 million for all issued and outstanding shares of Valley | 2026-05-27 |
| Quarterly report · Q1 2026 MYR GROUP INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Contract Revenues: $1,000.4 million (Q1 2026) vs. $833.6 million (Q1 2025) — +20% year-over | 2026-04-29 |
| Proxy statement · Q1 2026 MYR GROUP INC. PROXY STATEMENT SUMMARY CEO COMPENSATION • Richard S. Swartz (President and CEO) 2025 total compensation: $7.76 million • 2024 total | 2026-03-04 |
Readable in the app.
| Announcement | Date |
|---|---|
| Agreement to acquire all shares of Valley Holdings I Inc and subsidiaries MYR Group Inc. announced on May 27, 2026, that it has entered into an agreement to acquire all outstanding shares of Valley Holdings I, Inc. and its subsidiaries. The company posted updated | 2026-05-28 |
| Agreed to acquire Valley Holdings for approximately $328 million MYR Group Inc. announced on May 27, 2026, that it has agreed to acquire Valley Holdings I, Inc. and its subsidiaries (Valley), a full-service electrical contractor based in Everett, Washingt | 2026-05-27 |
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Google PlayApp StoreData updated 2026-09-18.