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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMCOR Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EME shares.
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1 Wall Street analysts have issued twelve-month price targets for EMCOR Group's shares. Their EME share price targets range from $188.00 to $188.00. On average, they anticipate the company's share price to reach $188.00 in the next twelve months. This suggests that the stock has a possible downside of 12.4%.
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EMCOR Group's stock was trading at $148.11 at the start of the year. Since then, EME shares have increased by 45.0% and is now trading at $214.73.
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EMCOR Group saw a increase in short interest during the month of 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. Approximately 1.4% of the company's stock are sold short.
View EMCOR Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our EME earnings forecast.

EMCOR Group, Inc. (NYSE:EME) released its quarterly earnings data on Thursday, October, 26th. The construction company reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $2.71 by $0.90. The construction company had revenue of $3.21 billion for the quarter, compared to analyst estimates 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 business's revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.16 earnings per share.

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

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.

ETFs with the largest weight of EMCOR Group (NYSE:EME) stock in their portfolio include Pinnacle Focused Opportunities ETF (FCUS), First Trust RBA American Industrial Renaissance ETF (AIRR), Innovator IBD 50 ETF (FFTY), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Invesco Building & Construction ETF (PKB), Cambria Value and Momentum ETF (VAMO), SRH U.S. Quality ETF (SRHQ) and Running Oak Efficient Growth ETF (RUNN).

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 earnings per share estimate of $10.98. The company issued revenue guidance of ~$12.5 billion, compared to the consensus revenue estimate of $12.38 billion.

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.

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).

EMCOR Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders 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.

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.
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