myr group inc. is a leading specialty contractor serving the electrical infrastructure industry and commercial/industrial markets consisting the following subsidiaries: the l.e. myers co.; sturgeon electric company, inc.; harlan electric company; myr transmission services, inc.; great southwestern construction, inc.; e.s. boulos company and myr group construction canada, ltd. myr group construction canada, ltd. consists of two subsidiaries: northern transmission services, ltd. and myr transmission services canada, ltd. myr group has been a key player in the electrical industry, helping to build and maintain electric delivery infrastructure. our commitment to continuous improvement and superior customer service continues to make myr a leader in the industry. in addition to a broad presence, complete menu of services, highly skilled workforce, and an experienced management team, myr maintains one of the largest fleets of specialized transmission and distribution equipment in north amer
![MYR logo](/files/LOGO/700923-MYRG.png)
Company profile
Ticker
MYRG
Exchange
Website
CEO
Richard Swartz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MYERS L E CO GROUP, MYR GROUP INC
SEC CIK
Corporate docs
Subsidiaries
CSI Electrical Contractors, Inc. • E.S. Boulos Company • Great Southwestern Construction, Inc. • Harlan Electric Company • High Country Line Construction, Inc. • Huen Electric, Inc. • MYR Equipment, LLC • MYR Group Construction Canada, Ltd. • MYR Real Estate Holdings, LLC • MYR Real Estate Holdings ...
IRS number
363158643
MYRG stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
8 May 24
8-K
MYR Group Inc. Announces New $75 Million Share Repurchase Program
6 May 24
S-8
Registration of securities for employees
6 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
MYR Group Inc. Announces First-Quarter 2024 Results
1 May 24
8-K
Departure of Directors or Certain Officers
29 Apr 24
ARS
2023 FY
Annual report to shareholders
7 Mar 24
DEF 14A
Definitive proxy
6 Mar 24
8-K
Regulation FD Disclosure
5 Mar 24
10-K
2023 FY
Annual report
28 Feb 24
Transcripts
MYRG
Earnings call transcript
2024 Q1
2 May 24
MYRG
Earnings call transcript
2023 Q4
29 Feb 24
MYRG
Earnings call transcript
2023 Q3
26 Oct 23
MYRG
Earnings call transcript
2023 Q2
27 Jul 23
MYRG
Earnings call transcript
2023 Q2
27 Jul 23
MYRG
Earnings call transcript
2023 Q1
27 Apr 23
MYRG
Earnings call transcript
2022 Q4
23 Feb 23
MYRG
Earnings call transcript
2022 Q3
27 Oct 22
MYRG
Earnings call transcript
2022 Q2
28 Jul 22
MYRG
Earnings call transcript
2022 Q1
28 Apr 22
Latest ownership filings
4
Ajoy Hari Karna
26 Apr 24
4
William Patterson
26 Apr 24
4
Bradley Thede Favreau
26 Apr 24
4
Shirin O'Connor
26 Apr 24
4
Kenneth Michael Hartwick
26 Apr 24
4
Jennifer Elaine Lowry
26 Apr 24
4
DONALD C.I. LUCKY
26 Apr 24
4
DONALD C.I. LUCKY
22 Apr 24
4
Jennifer Elaine Lowry
22 Apr 24
4
Bradley Thede Favreau
22 Apr 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.91 mm | 3.91 mm | 3.91 mm | 3.91 mm | 3.91 mm | 3.91 mm |
Cash burn (monthly) | 7.00 mm | 3.59 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 27.05 mm | 13.89 mm | n/a | n/a | n/a | n/a |
Cash remaining | -23.13 mm | -9.98 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.3 | -2.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
89.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 239 |
Opened positions | 86 |
Closed positions | 30 |
Increased positions | 56 |
Reduced positions | 68 |
13F shares | Current |
---|---|
Total value | 2.55 tn |
Total shares | 14.93 mm |
Total puts | 2.80 k |
Total calls | 85.20 k |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.97 mm | $524.79 bn |
Vanguard | 1.21 mm | $213.71 bn |
Capital World Investors | 974.75 k | $172.29 bn |
MCQEF Macquarie | 688.00 k | $121.60 bn |
Dimensional Fund Advisors | 675.98 k | $119.48 bn |
STT State Street | 620.48 k | $109.67 bn |
PFG Principal Financial Group Inc - Registered Shares | 598.80 k | $105.84 bn |
IVZ Invesco | 458.64 k | $81.06 bn |
Victory Capital Management | 443.47 k | $78.38 bn |
Geode Capital Management | 376.30 k | $66.52 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Apr 24 | Ajoy Hari Karna | RSU Common Stock | Grant | Acquire A | No | No | 0 | 668 | 0.00 | 668 |
24 Apr 24 | Patterson William | RSU Common Stock | Grant | Acquire A | No | No | 0 | 668 | 0.00 | 668 |
24 Apr 24 | Favreau Bradley Thede | RSU Common Stock | Grant | Acquire A | No | No | 0 | 668 | 0.00 | 668 |
24 Apr 24 | Shirin O'Connor | RSU Common Stock | Grant | Acquire A | No | No | 0 | 668 | 0.00 | 668 |
24 Apr 24 | Hartwick Kenneth Michael | RSU Common Stock | Grant | Acquire A | No | No | 0 | 972 | 0.00 | 972 |
News
The Analyst Landscape: 4 Takes On MYR Group
2 May 24
Baird Maintains Outperform on MYR Group, Lowers Price Target to $180
2 May 24
MYR Group Q1 2024 GAAP EPS $1.12 Misses $1.19 Estimate, Sales $815.562M Miss $854.134M Estimate
1 May 24
AI Data Centers Drive Electricity Demand: Goldman Sachs Picks 16 Stocks To Play The Trend
29 Apr 24
Press releases
MYR Group Inc. Announces Second-Quarter 2024 Earnings Release and Conference Call Schedule
17 Jul 24
MYR Group Inc. to Participate in Sidoti Small Cap Investor Conference in June
15 May 24
MYR Group Inc. to Attend Wells Fargo Industrials Investor Conference in June
13 May 24
MYR Group Inc. to Attend Stifel Cross Sector Insight Investor Conference in June
9 May 24
MYR Group Inc. Announces New $75 Million Share Repurchase Program
6 May 24