EMCOR Group (NYSE:EME) Issues FY 2025 Earnings Guidance

EMCOR Group (NYSE:EME - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 22.650-24.000 for the period, compared to the consensus estimate of 23.560. The company issued revenue guidance of $16.1 billion-$16.9 billion, compared to the consensus revenue estimate of $16.4 billion.

EMCOR Group Trading Up 4.3 %

Shares of EME traded up $17.66 during midday trading on Friday, reaching $430.18. The stock had a trading volume of 678,549 shares, compared to its average volume of 466,376. The company has a market capitalization of $19.38 billion, a price-to-earnings ratio of 21.85 and a beta of 1.08. The company's 50-day moving average is $386.43 and its 200 day moving average is $442.71. EMCOR Group has a 12-month low of $319.49 and a 12-month high of $545.30.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The construction company reported $5.41 EPS for the quarter, beating analysts' consensus estimates of $4.57 by $0.84. The business had revenue of $3.87 billion for the quarter, compared to analysts' expectations of $3.78 billion. EMCOR Group had a net margin of 6.51% and a return on equity of 34.99%. The business's quarterly revenue was up 12.7% on a year-over-year basis. During the same period last year, the business earned $4.17 earnings per share. Research analysts forecast that EMCOR Group will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.23%. The ex-dividend date was Thursday, April 17th. EMCOR Group's dividend payout ratio is presently 4.42%.

EMCOR Group announced that its board has authorized a share repurchase plan on Wednesday, February 26th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on EME shares. StockNews.com lowered EMCOR Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. Stifel Nicolaus decreased their price objective on shares of EMCOR Group from $514.00 to $503.00 and set a "buy" rating on the stock in a research report on Thursday. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $494.50.

Insider Buying and Selling

In other EMCOR Group news, CAO Maxine Lum Mauricio sold 1,250 shares of the firm's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $370.07, for a total value of $462,587.50. Following the completion of the sale, the chief accounting officer now directly owns 27,642 shares in the company, valued at $10,229,474.94. This trade represents a 4.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.26% of the stock is currently owned by insiders.

About EMCOR Group

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.