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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:EME

EMCOR Group (EME) Stock Price, News & Analysis

$336.11
-3.09 (-0.91%)
(As of 04/18/2024 ET)
Today's Range
$334.88
$342.77
50-Day Range
$242.00
$364.91
52-Week Range
$155.14
$369.53
Volume
383,521 shs
Average Volume
415,018 shs
Market Capitalization
$15.82 billion
P/E Ratio
25.25
Dividend Yield
0.30%
Price Target
$375.00

EMCOR Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
11.6% Upside
$375.00 Price Target
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of EMCOR Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$1.92 M Sold Last Quarter
Proj. Earnings Growth
8.62%
From $14.50 to $15.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Construction Sector

42nd out of 100 stocks

Electrical Work Industry

3rd out of 4 stocks

EME stock logo

About EMCOR Group Stock (NYSE:EME)

EMCOR Group, Inc. provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that covers commercial and government site-based operations and maintenance; facility management, maintenance, and services; energy efficiency retrofit services; military base operations support services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; modification and retrofit projects; and other building services, including reception, security, and catering services. In addition, it offers refinery turnaround planning and engineering; welding; overhaul and maintenance; instrumentation and electrical; and renewable energy services. The company was incorporated in 1987 and is headquartered in Norwalk, Connecticut.

EME Stock Price History

EME Stock News Headlines

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Several Reasons to Hold EMCOR Group (EME)
EMCOR Group Inc.
EME Nov 2024 380.000 call
EME Apr 2024 380.000 call
Decoding EMCOR Group Inc (EME): A Strategic SWOT Insight
EME Mar 2024 290.000 call
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Company Calendar

Ex-Dividend for 1/31 Dividend
1/12/2024
Dividend Payable
1/31/2024
Last Earnings
2/28/2024
Ex-Dividend for 4/30 Dividend
4/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/25/2024
Dividend Payable
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electrical work
Sub-Industry
Construction & Engineering
CUSIP
29084Q10
Employees
38,300
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$375.00
High Stock Price Target
$375.00
Low Stock Price Target
$375.00
Potential Upside/Downside
+11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$632.99 million
Pretax Margin
6.94%

Debt

Sales & Book Value

Annual Sales
$12.58 billion
Cash Flow
$15.60 per share
Book Value
$52.52 per share

Miscellaneous

Free Float
46,312,000
Market Cap
$15.82 billion
Optionable
Optionable
Beta
1.10

Social Links

12 Stocks Corporate Insiders are Abandoning Cover

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EME Stock Analysis - Frequently Asked Questions

Should I buy or sell EMCOR Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EMCOR Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EME shares.
View EME analyst ratings
or view top-rated stocks.

What is EMCOR Group's stock price target for 2024?

2 brokers have issued 12 month price objectives for EMCOR Group's shares. Their EME share price targets range from $375.00 to $375.00. On average, they predict the company's stock price to reach $375.00 in the next year. This suggests a possible upside of 11.6% from the stock's current price.
View analysts price targets for EME
or view top-rated stocks among Wall Street analysts.

How have EME shares performed in 2024?

EMCOR Group's stock was trading at $215.43 at the beginning of the year. Since then, EME shares have increased by 56.0% and is now trading at $336.11.
View the best growth stocks for 2024 here
.

Are investors shorting EMCOR Group?

EMCOR Group saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 358,500 shares, a decline of 31.9% from the March 15th total of 526,600 shares. Based on an average daily trading volume, of 417,800 shares, the short-interest ratio is presently 0.9 days. Currently, 0.8% of the company's stock are sold short.
View EMCOR Group's Short Interest
.

When is EMCOR Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our EME earnings forecast
.

How can I listen to EMCOR Group's earnings call?

EMCOR Group will be holding an earnings conference call on Thursday, April 25th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were EMCOR Group's earnings last quarter?

EMCOR Group, Inc. (NYSE:EME) posted its quarterly earnings data on Wednesday, February, 28th. The construction company reported $4.47 EPS for the quarter, beating analysts' consensus estimates of $3.51 by $0.96. The construction company had revenue of $3.44 billion for the quarter, compared to analysts' expectations of $3.36 billion. EMCOR Group had a trailing twelve-month return on equity of 28.41% and a net margin of 5.03%. The company's quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.63 earnings per share.

How often does EMCOR Group pay dividends? What is the dividend yield for EMCOR Group?

EMCOR Group declared a quarterly dividend on Thursday, April 4th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.25 per share on Tuesday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Monday, April 15th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for EME
.

Is EMCOR Group a good dividend stock?

EMCOR Group (NYSE:EME) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.29%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EME will have a dividend payout ratio of 6.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EME.

What guidance has EMCOR Group issued on next quarter's earnings?

EMCOR Group issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 14.000-15.000 for the period, compared to the consensus estimate of 13.130. The company issued revenue guidance of $13.5 billion-$14.0 billion, compared to the consensus revenue estimate of $13.5 billion.

What is Anthony J. Guzzi's approval rating as EMCOR Group's CEO?

47 employees have rated EMCOR Group Chief Executive Officer Anthony J. Guzzi on Glassdoor.com. Anthony J. Guzzi has an approval rating of 62% among the company's employees. This puts Anthony J. Guzzi in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EMCOR Group own?
Who are EMCOR Group's major shareholders?

EMCOR Group's stock is owned by a number of retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (1.18%), Allspring Global Investments Holdings LLC (0.92%), Los Angeles Capital Management LLC (0.71%), Hennessy Advisors Inc. (0.30%), Congress Wealth Management LLC DE (0.15%) and Running Oak Capital LLC (0.10%). Insiders that own company stock include Anthony Guzzi, Carol P Lowe, Mark A Pompa, Maxine Lum Mauricio and R Kevin Matz.
View institutional ownership trends
.

How do I buy shares of EMCOR Group?

Shares of EME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does EMCOR Group have any subsidiaries?
The following companies are subsidiares of EMCOR Group: Ardent Services, Bahnson Holdings, Batchelor & Kimball, Consolidated Engineering Services, Dyn Specialty Contracting Inc., EMCOR (UK) Limited, EMCOR Construction Services Inc., EMCOR Facilities Services Inc., EMCOR Group (UK) plc, EMCOR International Inc., EMCOR Mechanical/Electrical Services (East) Inc., EMCOR-CSI Holding Co., FR X Ohmstede Acquisitions Co., Fluidics, MES Holdings Corporation, Newcomb and Co., Ohmstede, Rabalais Constructors, RepconStrickland, RepconStrickland Inc., S.A. Comunale, Scalise Industries, and USM Services.
Read More
This page (NYSE:EME) was last updated on 4/19/2024 by MarketBeat.com Staff

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