EMCOR Group, Inc. (NYSE:EME) Stock to Pay Quarterly Dividend of $0.40

Key Points

• EMCOR Group declared a quarterly dividend of $0.40 per share, payable October 30 to shareholders of record on October 15. The dividend implies an annualized payout of $1.60 and a 0.2% yield.
• The company has raised its dividend for five consecutive years, while its low 6.3% payout ratio indicates substantial earnings coverage; analysts expect a future payout ratio of approximately 4.3%.
• EMCOR reported quarterly earnings of $9.06 per share and revenue of $5.15 billion, exceeding analyst estimates, with revenue up 19.7% year over year. Shares recently traded at $787.56.

EMCOR Group, Inc. (NYSE:EME - Get Free Report) declared a quarterly dividend on Friday, October 2nd. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.40 per share by the construction company on Friday, October 30th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th.

EMCOR Group has increased its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. EMCOR Group has a dividend payout ratio of 6.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect EMCOR Group to earn $37.23 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 4.3%.

EMCOR Group Price Performance

Shares of EME stock traded up $18.53 on Friday, hitting $787.56. The company's stock had a trading volume of 369,924 shares, compared to its average volume of 393,717. The stock has a market capitalization of $34.74 billion, a price-to-earnings ratio of 24.50 and a beta of 1.12. EMCOR Group has a fifty-two week low of $564.92 and a fifty-two week high of $951.96. The firm's fifty day moving average price is $771.46 and its 200-day moving average price is $799.86.

EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping analysts' consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $4.71 billion. During the same quarter in the previous year, the firm earned $6.72 earnings per share. The business's quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Analysts predict that EMCOR Group will post 32.98 EPS for the current fiscal year.

About EMCOR Group

EMCOR Group, Inc is a specialty construction and facilities services company headquartered in Norwalk, Connecticut. The company provides mechanical and electrical construction, building services, industrial services, energy infrastructure, and related maintenance solutions for commercial, industrial, institutional, governmental, and utility customers.

Its activities include designing and installing heating, ventilation, and air-conditioning systems; electrical power and communications infrastructure; plumbing and piping systems; fire protection; process systems; and building automation technologies.

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