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
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)
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
8-K
MYR Group Inc. Announces Fourth-Quarter and Full Year 2023 Results
28 Feb 24
8-K
MYR Group Inc. Announces Senior Leadership Succession Plan
25 Jan 24
UPLOAD
Letter from SEC
13 Dec 23
CORRESP
Correspondence with SEC
7 Dec 23
UPLOAD
Letter from SEC
13 Nov 23
8-K
MYR Group Inc. Announces New $75 Million Share Repurchase Program
1 Nov 23
Transcripts
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
MYRG
Earnings call transcript
2021 Q4
24 Feb 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
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 30.47 mm | 30.47 mm | 30.47 mm | 30.47 mm | 30.47 mm | 30.47 mm |
Cash burn (monthly) | (no burn) | 441.33 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 3.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 27.42 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 62.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
84.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 257 |
Opened positions | 43 |
Closed positions | 32 |
Increased positions | 81 |
Reduced positions | 94 |
13F shares | Current |
---|---|
Total value | 1.89 tn |
Total shares | 14.12 mm |
Total puts | 26.20 k |
Total calls | 20.80 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.99 mm | $403.49 bn |
Vanguard | 1.26 mm | $169.24 bn |
Dimensional Fund Advisors | 859.93 k | $115.89 bn |
MCQEF Macquarie | 706.27 k | $95.18 bn |
PFG Principal Financial Group Inc - Registered Shares | 661.21 k | $89.10 bn |
STT State Street | 598.85 k | $80.70 bn |
Millennium Management | 465.39 k | $62.72 bn |
Geode Capital Management | 347.19 k | $46.79 bn |
JPM JPMorgan Chase & Co. | 256.78 k | $34.60 bn |
Victory Capital Management | 248.74 k | $33.52 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
Stifel Maintains Buy on MYR Group, Lowers Price Target to $184
16 Apr 24
Where MYR Group Stands With Analysts
1 Mar 24
Stifel Maintains Buy on MYR Group, Raises Price Target to $185
1 Mar 24
Recap: MYR Group Q4 Earnings
28 Feb 24
MYR Group Q4 2023 GAAP EPS $1.43 Misses $1.49 Estimate, Sales $1.00B Beat $904.76M Estimate
28 Feb 24
Press releases
MYR Group Inc. to Attend KeyBanc Capital Markets Industrials & Basic Materials Investor Conference in May
23 Apr 24
MYR Group Inc. Announces First-Quarter 2024 Earnings Release and Conference Call Schedule
17 Apr 24
MYR Group Inc. to Participate in Oppenheimer Investor Conference in May
9 Apr 24
MYR Group Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule
14 Feb 24
MYR Group Inc. to Participate in Sidoti Small-Cap Investor Conference in March
7 Feb 24