NYSE:EME - Emcor Group Stock Price, News, & Analysis

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$68.04 +0.75 (+1.11 %)
(As of 02/18/2019 02:46 AM ET)
Previous Close$68.04
Today's Range$67.53 - $68.29
52-Week Range$57.29 - $82.04
Volume231,757 shs
Average Volume321,700 shs
Market Capitalization$3.92 billion
P/E Ratio16.76
Dividend Yield0.48%
Beta1.15
EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; and central plant heating and cooling systems, as well as offers cranes and rigging, millwrighting, and steel fabrication, erection, and welding services. It also offers building services to facilities, such as commercial and government site-based operations and maintenance; reception, security, and catering; outage services to utilities and industrial plants; military base operations support; mobile mechanical maintenance and services; floor care and janitorial; landscaping, lot sweeping, and snow removal; facilities and vendor management; call center; installation and support for building systems; small modification and retrofit; infrastructure and building projects; and program development, management, and maintenance services for energy systems. In addition, the company provides industrial services for refineries and petrochemical plants, such as on-site repair, maintenance, and service of heat exchangers, towers, vessels, and piping; design, manufacture, repair, and hydro blast cleaning of shell and tube heat exchangers and related equipment; refinery turnaround planning and engineering, specialty welding, and specialty technical services; and overhaul and maintenance of process units. EMCOR Group, Inc. was founded in 1966 and is headquartered in Norwalk, Connecticut.

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Industry, Sector and Symbol

Industry Electrical work
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP29084Q10
Phone203-849-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.69 billion
Cash Flow$5.7033 per share
Book Value$28.47 per share

Profitability

Net Income$227.19 million

Miscellaneous

Employees32,000
Market Cap$3.92 billion
OptionableOptionable

Emcor Group (NYSE:EME) Frequently Asked Questions

What is Emcor Group's stock symbol?

Emcor Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "EME."

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

Emcor Group announced a quarterly dividend on Monday, January 7th. Investors of record on Friday, January 18th will be paid a dividend of $0.08 per share on Wednesday, January 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date of this dividend is Thursday, January 17th. View Emcor Group's Dividend History.

How will Emcor Group's stock buyback program work?

Emcor Group announced that its board has authorized a share repurchase plan on Thursday, October 25th 2018, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) issued its quarterly earnings results on Thursday, October, 25th. The construction company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.12. The construction company earned $2.05 billion during the quarter, compared to analysts' expectations of $1.95 billion. Emcor Group had a return on equity of 15.96% and a net margin of 3.27%. View Emcor Group's Earnings History.

When is Emcor Group's next earnings date?

Emcor Group is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Emcor Group.

What price target have analysts set for EME?

3 Wall Street analysts have issued 12 month price objectives for Emcor Group's shares. Their forecasts range from $68.00 to $87.00. On average, they anticipate Emcor Group's stock price to reach $79.3333 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price. View Analyst Price Targets for Emcor Group.

What is the consensus analysts' recommendation for Emcor Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emcor Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Emcor Group.

What are Wall Street analysts saying about Emcor Group stock?

Here are some recent quotes from research analysts about Emcor Group stock:
  • 1. According to Zacks Investment Research, "Shares of EMCOR have outperformed the industry in the past year. Robust construction activity, mainly in the non-residential markets is likely to boost profitability. EMCOR expects continued growth in the non-residential construction market and decent demand for government and commercial site-based services. Encouraged by robust performance so far, accretive acquisitions and increasing traction in the U.S. construction space, EMCOR’s management raised its revenue as well as earnings guidance for 2018. Moreover, ongoing industry trends hold tremendous potential for EMCOR, going forward. The company is also expanding the ambit of its Industrial business line beyond traditional shop-related operations to explore other profitable works in areas like food processing and power. Meanwhile, earnings estimate for 2018 and 2019 have remained stable over the past 60 days." (1/31/2019)
  • 2. Maxim Group analysts commented, "Although EME can work on more government projects in a U.S. recession, we believe EME’s stock price may struggle to achieve meaningful upside as the stock market prices in the end of the current streak of impressive macroeconomic growth." (12/13/2018)

Has Emcor Group been receiving favorable news coverage?

News coverage about EME stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Emcor Group earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of Emcor Group's key competitors?

Who are Emcor Group's key executives?

Emcor Group's management team includes the folowing people:
  • Mr. Anthony J. Guzzi, Chairman, Pres & CEO (Age 55)
  • Mr. Mark A. Pompa, Exec. VP & CFO (Age 54)
  • Ms. Maxine Lum Mauricio, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. R. Kevin Matz, Exec. VP of Shared Services (Age 60)
  • Mr. Steven H. Fried, VP of Compliance

Who are Emcor Group's major shareholders?

Emcor Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.90%), Victory Capital Management Inc. (3.52%), Dimensional Fund Advisors LP (2.40%), Prudential Financial Inc. (2.17%), Bank of New York Mellon Corp (2.02%) and Northern Trust Corp (1.78%). Company insiders that own Emcor Group stock include Anthony Guzzi, Jerry E Ryan, R Kevin Matz and William P Reid. View Institutional Ownership Trends for Emcor Group.

Which major investors are selling Emcor Group stock?

EME stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Impax Asset Management Group plc, Bank of New York Mellon Corp, Victory Capital Management Inc., Barclays PLC, SG Americas Securities LLC, Advisors Asset Management Inc. and O Shaughnessy Asset Management LLC. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi, Jerry E Ryan, R Kevin Matz and William P Reid. View Insider Buying and Selling for Emcor Group.

Which major investors are buying Emcor Group stock?

EME stock was bought by a variety of institutional investors in the last quarter, including Fiera Capital Corp, BlackRock Inc., Thrivent Financial for Lutherans, Geode Capital Management LLC, Rhumbline Advisers, Eaton Vance Management, Millennium Management LLC and Two Sigma Investments LP. View Insider Buying and Selling for Emcor Group.

How do I buy shares of Emcor Group?

Shares of EME can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Emcor Group's stock price today?

One share of EME stock can currently be purchased for approximately $68.04.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $3.92 billion and generates $7.69 billion in revenue each year. The construction company earns $227.19 million in net income (profit) each year or $4.06 on an earnings per share basis. Emcor Group employs 32,000 workers across the globe.

What is Emcor Group's official website?

The official website for Emcor Group is http://www.emcorgroup.com.

How can I contact Emcor Group?

Emcor Group's mailing address is 301 MERRITT SEVEN, NORWALK CT, 06851. The construction company can be reached via phone at 203-849-7800.


MarketBeat Community Rating for Emcor Group (NYSE EME)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  409
MarketBeat's community ratings are surveys of what our community members think about Emcor Group and other stocks. Vote "Outperform" if you believe EME will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EME will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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