MYR Group, Inc. MYRG

MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.

• Zacks Investment Research 1 oct

  Are Utilities Stocks Lagging Iberdrola (IBDRY) This Year?

  Iberdrola S.A. (IBDRY) has returned 7.9% year-to-date, outperforming the Utilities sector average of -6.4%. The stock holds a Zacks Rank #2 (Buy) with improving analyst sentiment, as consensus earnings estimates have risen 2.1% over the past 90 days. MYR Group (MYRG) has also outperformed significantly with 33.9% year-to-date returns and a Zacks Rank #1 (Strong Buy).

  

• Zacks Investment Research 30 sept

  MYR (MYRG) Upgraded to Strong Buy: What Does It Mean for the Stock?

  MYR Group (MYRG) has been upgraded to Zacks Rank #1 (Strong Buy) due to upward trends in earnings estimates. The electrical construction services provider is expected to earn $12.43 per share for fiscal year 2026, with analysts raising consensus estimates by 8.7% over the past three months. The upgrade positions the stock in the top 5% of Zacks-covered stocks, suggesting potential near-term price appreciation.

  

• Zacks Investment Research 30 sept

  MYRG's T&D Segment 1H26 Revenues Up 10%: More Upside Ahead?

  MYR Group's Transmission & Distribution segment reported 10% revenue growth to $1.06B in H1 2026 with operating income jumping 32.6%, driven by strong demand for grid upgrades, electrification, and data center infrastructure. The company maintains a $1.27B backlog and benefits from structural trends supporting long-term T&D spending. Industry peers Quanta Services and MasTec also reported strong growth in their respective power/electric segments.

  

• Zacks Investment Research 21 sept

  Argan vs. MYR Group: Which Power Infrastructure Stock Is a Better Buy?

  Both Argan (AGX) and MYR Group (MYRG) are positioned to benefit from growing investment in power and electrical infrastructure driven by electrification, data center development, and grid modernization. Argan offers greater exposure to power generation and data center opportunities with a strong project pipeline, while MYR Group benefits from record revenues and a substantial backlog. Argan holds a Zacks Rank #1 (Strong Buy) compared to MYR Group's Rank #2 (Buy), making Argan the preferred choice for investors seeking power infrastructure exposure.

  

• Zacks Investment Research 15 sept

  MYR Group's Backlog Hits Record in Q2: Can the Growth Trend Continue?

  MYR Group achieved a record backlog of $3.16 billion in Q2 2026, up 19.6% year-over-year, driven by strong demand in transmission/distribution and commercial/industrial segments. The company's recent acquisitions of Valley Electric and Comet Electric are expected to expand capabilities and geographic reach. Strong end-market fundamentals in power infrastructure support continued growth, though project execution and cost pressures remain risks.