EMCOR Group (NYSE:EME - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Wednesday, April 30th. Analysts expect EMCOR Group to post earnings of $4.57 per share and revenue of $3.78 billion for the quarter. EMCOR Group has set its FY 2025 guidance at 22.250-24.000 EPS.
EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The construction company reported $6.32 earnings per share for the quarter, beating analysts' consensus estimates of $5.53 by $0.79. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. The business had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $3.81 billion. On average, analysts expect EMCOR Group to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.
EMCOR Group Stock Performance
EME stock traded up $10.23 during trading on Tuesday, hitting $372.94. The stock had a trading volume of 370,563 shares, compared to its average volume of 464,365. EMCOR Group has a 1-year low of $319.49 and a 1-year high of $545.30. The stock has a market cap of $16.96 billion, a price-to-earnings ratio of 18.94 and a beta of 1.08. The company's 50 day moving average price is $387.91 and its two-hundred day moving average price is $444.78.
EMCOR Group announced that its Board of Directors has authorized a share repurchase program on Wednesday, February 26th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to repurchase up to 2.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.
EMCOR Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. EMCOR Group's payout ratio is 4.64%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. StockNews.com downgraded shares of EMCOR Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. Stifel Nicolaus dropped their price objective on shares of EMCOR Group from $600.00 to $514.00 and set a "buy" rating on the stock in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $497.25.
Get Our Latest Stock Analysis on EME
Insider Activity
In other EMCOR Group news, CAO Maxine Lum Mauricio sold 1,250 shares of EMCOR Group stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $370.07, for a total transaction of $462,587.50. Following the sale, the chief accounting officer now owns 27,642 shares in the company, valued at $10,229,474.94. The trade was a 4.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.26% of the stock is currently owned by insiders.
About EMCOR Group
(
Get Free Report)
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.
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