Dycom Industries (DY) Expected to Announce Quarterly Earnings on Wednesday

Dycom Industries (NYSE:DY) will likely be posting its Q1 2026 quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect Dycom Industries to post earnings of $1.60 per share and revenue of $1.19 billion for the quarter.

Dycom Industries Stock Performance

Shares of NYSE:DY opened at $193.89 on Wednesday. The firm’s 50 day simple moving average is $159.44 and its 200 day simple moving average is $173.37. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.12 and a quick ratio of 2.93. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 25.51, a P/E/G ratio of 1.29 and a beta of 1.27. Dycom Industries has a fifty-two week low of $131.37 and a fifty-two week high of $207.20.

Dycom Industries announced that its board has authorized a stock buyback program on Wednesday, February 26th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the construction company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. began coverage on shares of Dycom Industries in a report on Monday, April 21st. They issued an “overweight” rating and a $200.00 target price on the stock. Raymond James raised their price objective on Dycom Industries from $210.00 to $215.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, February 4th. KeyCorp dropped their price target on Dycom Industries from $201.00 to $183.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. B. Riley dropped their price target on Dycom Industries from $234.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, March 19th. Finally, Wells Fargo & Company dropped their target price on shares of Dycom Industries from $215.00 to $200.00 and set an “overweight” rating on the stock in a report on Thursday, April 3rd. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $200.22.

Dycom Industries Company Profile

Dycom Industries, Inc provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. The company offers engineering services to telecommunications providers, including the planning and design of aerial, underground, and buried fiber optic, copper, and coaxial cable systems; wireless networks in connection with the deployment of macro cell and new small cell sites; and program and project management and inspection personnel.