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MYR Group Inc - MYRG STOCK NEWS

Welcome to our dedicated news page for MYR Group (Ticker: MYRG), a resource for investors and traders seeking the latest updates and insights on MYR Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MYR Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MYR Group's position in the market.

Rhea-AI Summary
MYR Group Inc. announced its fourth-quarter and full year 2023 financial results, showcasing record revenues, net income, and EBITDA. The company reported strong performance with a steady backlog of $2.51 billion, indicating growth potential in the electric utility infrastructure and construction markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.74%
Tags
earnings
-
Rhea-AI Summary
MYR Group Inc. announces the release of its fourth quarter and full year 2023 results on Feb. 28, 2024, followed by a conference call on Feb. 29, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
Tags
earnings
-
Rhea-AI Summary
MYR Group Inc. will attend the Sidoti Small-Cap virtual investor conference, with the CEO and CFO meeting with institutional investors. The event is exclusive to Sidoti clients and will take place on March 13, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
conferences
Rhea-AI Summary
MYR Group Inc. announced the retirement of Tod M. Cooper as Senior Vice President and Chief Operating Officer of the Transmission & Distribution segment, with Brian K. Stern taking over the role. Cooper will remain in a senior role with a focus on leadership development, strategic initiatives, and client development. MYR Group's President and CEO, Rick Swartz, expressed gratitude for Cooper's contributions and announced Stern's promotion as part of the long-term succession planning process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
none
-
Rhea-AI Summary
MYR Group Inc. (NASDAQ: MYRG) will attend the Goldman Sachs Energy, CleanTech & Utilities investor conference. CEO Rick Swartz and CFO Kelly Huntington will meet with institutional investors on Jan. 4, 2024, in Miami.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.01%
Tags
conferences
-
Rhea-AI Summary
MYR Group Inc. will participate in the Sidoti Small-Cap virtual investor conference on December 6, 2023. The company's CEO and CFO will meet with institutional investors during the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
conferences
Rhea-AI Summary
MYR Group Inc. announces a new share repurchase program, authorizing the repurchase of up to $75.0 million of its outstanding shares of common stock. The program will be funded with cash on hand and through borrowings under its credit facility. The previous repurchase program is scheduled to expire on November 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
Tags
buyback
-
Rhea-AI Summary
MYR Group Inc. will attend the annual UBS Industrials Summit investor conference. CEO and CFO will meet with institutional investors on Nov. 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
conferences
-
Rhea-AI Summary
MYR Group Inc. reports record quarterly revenues of $939.5 million in Q3 2023, an increase of 17.5% compared to Q3 2022. Net income for the quarter was $21.5 million, a 16.7% increase. Backlog stands at $2.62 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.42%
Tags
earnings
Rhea-AI Summary
MYR Group Inc. to attend Baird Global Industrial investor conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
conferences
MYR Group Inc

Nasdaq:MYRG

MYRG Rankings

MYRG Stock Data

2.93B
16.44M
2.49%
94.92%
3.44%
Water and Sewer Line and Related Structures Construction
Construction
Link
US
Rolling Meadows

About MYRG

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