MG

MYR Group

MYRG
NASDAQIndustrials
$445.72
USD
+20.64(+4.86%)
At close: Jun 12, 20:00 UTC

Open

$445.01

Prev. Close

$445.75

High

$446.49

Low

$445.01

Market Snapshot

Market Cap

$6.93B

P/E Ratio

48.8

EPS

1.85

Revenue

$3.36B

Why MYRG moved

MYR Group benefits from improved supply chain conditions, contributing to its strong year-to-date performance in the infrastructure and renewable energy sectors.

About

MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. The company is headquartered in Thornton, Colorado and currently employs 9,000 full-time employees. The company went IPO on 2008-09-09. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. The company operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. The company also provides restoration services in response to hurricanes, ice storms or other storm related events. Its C&I segment provides services including design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting, signalization and electric vehicle charging infrastructure.

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