MYR Group Inc. logo MYRG - MYR Group Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
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| PRICE TARGET: $407.50 DETAILS
HIGH: $503.00
LOW: $285.00
MEDIAN: $421.00
CONSENSUS: $407.50
DOWNSIDE: 2.82%

About MYR Group Inc. (https://www.myrgroup.com)

Operating across the United States and Canada, MYR Group Inc. is a leading provider of electrical construction services, delivered through its two core divisions: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution division specializes in comprehensive services for electrical transmission and distribution grids, as well as substation infrastructure. These offerings span design, engineering, procurement, construction, enhancements, upkeep, and repairs, primarily targeting clients within the electric utility sector. Key activities include building and maintaining high-voltage transmission lines, substations, and both underground and overhead lower-voltage distribution systems. The segment also handles renewable power installations, some gas construction projects, and critical emergency restoration following natural disasters like hurricanes or ice storms. As a prime contractor, MYR serves a diverse client base, including investor-owned utilities, cooperatives, private developers, government-funded entities, independent power producers, transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial division delivers a variety of services, encompassing the design, installation, maintenance, and repair of electrical wiring for commercial and industrial settings. This also extends to installing traffic control networks and lighting systems for bridges, roadways, and tunnels. Their expertise is applied across a wide array of venues, such as airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy sites, manufacturing and processing plants, wastewater treatment facilities, mining operations, and transportation management systems. Clients for this segment include general contractors, commercial and industrial property owners, government agencies, and developers. Established in 1891, MYR Group Inc. maintains its corporate headquarters in Henderson, Colorado.

Key Executives

NAME TITLE DOB SALARY
Richard S. Swartz Jr. President, Chief Executive Officer & Director 1964 $2,549,375 USD
Kelly Michelle Huntington Senior Vice President & Chief Financial Officer 1975 $1,144,062 USD
Brian Stern Senior Vice President and Chief Operating Officer of Transmission & Distribution 1969 $1,059,288 USD
William F. Fry Senior Vice President, Chief Legal Officer & Secretary 1975 $1,037,700 USD
Don A. Egan Senior Vice President & Chief Operating Officer of Commercial and Industrial 1971 $1,036,887 USD
A. James Barrett Vice President of Human Resources
Jennifer L. Harper Vice President of Investor Relations & Treasurer
Joesph Anderson Vice President & General Counsel
Marisa A. Owens Vice President of Accounting
R. Clay Thomson President of High Country Line Construction, Inc

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