S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
New CBOE “special perk” helps traders target income every weekend (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

EMCOR Group Stock Price, News & Analysis (NYSE:EME)

$214.32
+1.80 (+0.85%)
(As of 12/1/2023 ET)
Compare
Today's Range
$211.09
$215.31
50-Day Range
$191.80
$219.34
52-Week Range
$141.89
$227.49
Volume
197,203 shs
Average Volume
243,895 shs
Market Capitalization
$10.08 billion
P/E Ratio
18.69
Dividend Yield
0.34%
Price Target
$188.00

EMCOR Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.3% Downside
$188.00 Price Target
Short Interest
Healthy
1.43% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of EMCOR Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.45%
From $12.38 to $12.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Construction Sector

55th out of 99 stocks

Electrical Work Industry

2nd out of 4 stocks


EME stock logo

About EMCOR Group Stock (NYSE:EME)

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; 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 cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and 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; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. The company was incorporated in 1987 and is headquartered in Norwalk, Connecticut.

EME Stock Price History

EME Stock News Headlines

3 Industrial Stocks Targeting Gains in December
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Boise Cascade (BCC) Ceases Lumber Production in Chapman
Owens Corning (OC) Up 51% in a Year: Will the Trend Last?
EMCOR Group Inc EME
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
4 Must-Buy Momentum Stocks Using the Driehaus Strategy
Unlock the Strength of DuPont Analysis & Pick 5 Top Stocks
KBR's Frazer-Nash Extends Support for UK's Net Zero Drive
EMCOR's (EME) Q3 Earnings & Revenues Top, FY'23 Views Up
Q3 2023 EMCOR Group Inc Earnings Call
EMCOR Group Inc (EME) Reports Record Q3 2023 Earnings
EMCOR Group, Inc. Reports Third Quarter 2023 Results
EMCOR Group Q3 Profit, Revenue Rise; Raises Outlook
Earnings Preview For EMCOR Group
AZEK Inks Deal With Plaskolite to Sell Its Vycom Business
See More Headlines
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Company Calendar

Ex-Dividend for 10/30 Dividend
10/13/2023
Last Earnings
10/26/2023
Dividend Payable
10/30/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/22/2024

Industry, Sector and Symbol

Industry
Electrical work
Sub-Industry
Construction & Engineering
CUSIP
29084Q10
Employees
35,500
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$188.00
High Stock Price Target
$188.00
Low Stock Price Target
$188.00
Potential Upside/Downside
-12.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$406.12 million
Pretax Margin
6.24%

Debt

Sales & Book Value

Annual Sales
$11.08 billion
Cash Flow
$10.89 per share
Book Value
$48.46 per share

Miscellaneous

Free Float
46,291,000
Market Cap
$10.08 billion
Optionable
Optionable
Beta
1.09

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EME Stock Analysis - Frequently Asked Questions

Should I buy or sell EMCOR Group stock right now?

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

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

1 Wall Street research analysts have issued twelve-month target prices for EMCOR Group's stock. Their EME share price targets range from $188.00 to $188.00. On average, they expect the company's stock price to reach $188.00 in the next twelve months. This suggests that the stock has a possible downside of 12.3%.
View analysts price targets for EME
or view top-rated stocks among Wall Street analysts.

How have EME shares performed in 2023?

EMCOR Group's stock was trading at $148.11 at the start of the year. Since then, EME stock has increased by 44.7% and is now trading at $214.32.
View the best growth stocks for 2023 here
.

Are investors shorting EMCOR Group?

EMCOR Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 668,300 shares, an increase of 27.4% from the October 15th total of 524,600 shares. Based on an average daily trading volume, of 282,500 shares, the short-interest ratio is presently 2.4 days. Currently, 1.4% of the company's shares 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, February 22nd 2024.
View our EME earnings forecast
.

How were EMCOR Group's earnings last quarter?

EMCOR Group, Inc. (NYSE:EME) posted its quarterly earnings data on Thursday, October, 26th. The construction company reported $3.61 earnings per share for the quarter, topping analysts' consensus estimates of $2.71 by $0.90. The construction company had revenue of $3.21 billion for the quarter, compared to analysts' expectations of $3.15 billion. EMCOR Group had a trailing twelve-month return on equity of 26.05% and a net margin of 4.53%. The company's revenue for the quarter was up 13.5% on a year-over-year basis. During the same period last year, the firm posted $2.16 EPS.

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

EMCOR Group declared a quarterly dividend on Thursday, October 5th. Shareholders of record on Monday, October 16th will be paid a dividend of $0.18 per share on Monday, October 30th. This represents a $0.72 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date of this dividend is Friday, October 13th.
Read our dividend analysis for EME
.

Is EMCOR Group a good dividend stock?

EMCOR Group (NYSE:EME) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.34%. 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 6.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EME will have a dividend payout ratio of 5.73% 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 FY23 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $12.25-12.65 for the period, compared to the consensus estimate of $10.98. The company issued revenue guidance of ~$12.5 billion, compared to the consensus revenue estimate of $12.38 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other EMCOR Group investors own include Endologix (ELGX), CA (CA), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), ALJ Regional (ALJJ), Transocean (RIG) and Gran Tierra Energy (GTE).

Who are EMCOR Group's major shareholders?

EMCOR Group's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (7.55%), Kayne Anderson Rudnick Investment Management LLC (7.33%), Fuller & Thaler Asset Management Inc. (2.27%), Invesco Ltd. (1.95%), Lord Abbett & CO. LLC (1.74%) and Bank of New York Mellon Corp (1.39%). Insiders that own company stock include Anthony Guzzi, Carol P Lowe, Mark A Pompa, Maxine Lum Mauricio, R Kevin Matz and William P Reid.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/3/2023 by MarketBeat.com Staff

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