FY2025 EPS Estimates for EMCOR Group Lifted by DA Davidson

EMCOR Group, Inc. (NYSE:EME - Free Report) - Research analysts at DA Davidson upped their FY2025 earnings per share estimates for EMCOR Group in a report released on Thursday, May 1st. DA Davidson analyst B. Thielman now anticipates that the construction company will earn $23.67 per share for the year, up from their previous forecast of $23.60. The consensus estimate for EMCOR Group's current full-year earnings is $20.74 per share. DA Davidson also issued estimates for EMCOR Group's FY2026 earnings at $26.54 EPS.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The construction company reported $5.41 EPS for the quarter, topping the consensus estimate of $4.57 by $0.84. EMCOR Group had a net margin of 6.51% and a return on equity of 34.99%. The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the prior year, the firm earned $4.17 earnings per share. The company's quarterly revenue was up 12.7% on a year-over-year basis.

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

EMCOR Group Stock Up 1.3 %

EMCOR Group stock traded up $5.69 during trading hours on Friday, hitting $435.88. 551,404 shares of the company traded hands, compared to its average volume of 467,257. The firm's 50-day simple moving average is $386.43 and its two-hundred day simple moving average is $442.60. The firm has a market cap of $19.64 billion, a P/E ratio of 22.14 and a beta of 1.08. EMCOR Group has a 1-year low of $319.49 and a 1-year high of $545.30.

EMCOR Group Announces Dividend

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

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

Insider Buying and Selling

In other news, CAO Maxine Lum Mauricio sold 1,250 shares of the 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 transaction, the chief accounting officer now owns 27,642 shares in the company, valued at $10,229,474.94. This represents a 4.33 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robin A. Walker-Lee sold 947 shares of the company's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $412.83, for a total transaction of $390,950.01. Following the completion of the sale, the director now owns 7,094 shares of the company's stock, valued at $2,928,616.02. This represents a 11.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.26% of the company's stock.

Institutional Trading of EMCOR Group

Several large investors have recently made changes to their positions in EME. BankPlus Trust Department lifted its stake in shares of EMCOR Group by 200.0% in the first quarter. BankPlus Trust Department now owns 72 shares of the construction company's stock worth $27,000 after buying an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of EMCOR Group in the first quarter valued at about $28,000. Hazlett Burt & Watson Inc. acquired a new position in shares of EMCOR Group during the 1st quarter worth about $30,000. Continuum Advisory LLC boosted its stake in EMCOR Group by 53.7% during the 4th quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock valued at $38,000 after purchasing an additional 29 shares during the period. Finally, Dogwood Wealth Management LLC acquired a new stake in EMCOR Group in the 4th quarter valued at approximately $40,000. Institutional investors own 92.59% of the company's stock.

EMCOR Group Company Profile

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.