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

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$81.86 -1.48 (-1.78 %)
(As of 05/22/2019 02:38 PM ET)
Previous Close$83.34
Today's Range$81.71 - $83.31
52-Week Range$57.29 - $84.75
Volume73,638 shs
Average Volume389,170 shs
Market Capitalization$4.59 billion
P/E Ratio16.67
Dividend Yield0.39%
Beta1.2
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 and food processing, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, controls and filtration, central plant heating and cooling, plumbing, process, and piping systems; roadway and transit lighting, and fiber-optic lines; and heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems, as well as offers crane, rigging, and millwright; and steel fabrication, erection, and welding services. It also offers building services to commercial and government site-based operations and maintenance; facility maintenance and services; 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; building systems installation and support; modification and retrofit; infrastructure and building projects; and energy systems program development, management, and maintenance services. 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 technical services; and critical process unit overhaul and maintenance. EMCOR Group, Inc. 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$8.13 billion
Cash Flow$6.4461 per share
Book Value$32.30 per share

Profitability

Net Income$283.53 million

Miscellaneous

Employees33,000
Market Cap$4.59 billion
Next Earnings Date7/25/2019 (Estimated)
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 declared a quarterly dividend on Thursday, April 4th. Investors of record on Thursday, April 18th will be paid a dividend of $0.08 per share on Tuesday, April 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Wednesday, April 17th. View Emcor Group's Dividend History.

How will Emcor Group's stock buyback program work?

Emcor Group announced that its board has initiated a stock repurchase program on Thursday, October 25th 2018, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) issued its earnings results on Tuesday, April, 30th. The construction company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.23. The construction company earned $2.16 billion during the quarter, compared to analyst estimates of $1.98 billion. Emcor Group had a return on equity of 17.18% and a net margin of 3.58%. The company's quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.94 EPS. 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, July 25th 2019. View Earnings Estimates for Emcor Group.

What guidance has Emcor Group issued on next quarter's earnings?

Emcor Group issued an update on its FY 2019 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of $5.00-5.50 for the period, compared to the Thomson Reuters consensus estimate of $5.27. The company issued revenue guidance of $8.5-8.6 billion, compared to the consensus revenue estimate of $8.36 billion.Emcor Group also updated its FY19 guidance to $5.00-$5.50 EPS.

What price target have analysts set for EME?

2 equities research analysts have issued 12-month price objectives for Emcor Group's stock. Their predictions range from $73.00 to $83.00. On average, they anticipate Emcor Group's share price to reach $78.00 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Emcor Group.

What is the consensus analysts' recommendation for Emcor Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emcor Group in the last year. There are currently 1 hold rating and 1 buy rating 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, "EMCOR reported stellar first-quarter 2019 results, wherein both the top and bottom lines surpassed the respective Zacks Consensus Estimate by 21.9% and 9.5%. In fact, this marked the ninth consecutive earnings beat for the company. Earnings grew 36.2% on 13.6% year-over-year revenue growth. Organically, revenues grew 11.0%, courtesy of solid growth across the business — including double-digit improvement in its U.S. Electrical Construction, U.S. Building Services and U.S. Industrial Services segments — backed by higher project activity within health care, commercial and transportation markets. Also, EMCOR’s prospects in non-residential markets remain quite impressive. It expects continued growth in the markets, and decent demand for government and commercial site-based services. Overall, robust construction activity — mainly in non-residential markets — and accretive acquisitions will help EMCOR to drive profit." (5/2/2019)
  • 2. Maxim Group analysts commented, "We increase our 2019 EPS to $5.43 (from $5.32) and 2020 to $5.61 (from $5.53) after EME indicated multiple new project opportunities and increased 2019 revenue and EPS guidance." (4/26/2019)

Has Emcor Group been receiving favorable news coverage?

News stories about EME stock have trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Emcor Group earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Emcor Group's key competitors?

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), Aegean Marine Petroleum Network (ANW), BlackRock (BLK), ALJ Regional (ALJJ), Gran Tierra Energy (GTE), Hudson Technologies (HDSN) and Micron Technology (MU).

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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.94%), Victory Capital Management Inc. (3.48%), FMR LLC (2.57%), TimesSquare Capital Management LLC (2.45%), Dimensional Fund Advisors LP (2.44%) and AJO LP (2.36%). Company insiders that own Emcor Group stock include Anthony Guzzi, Jerry E Ryan, Mark A Pompa, 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 Morgan Stanley, Voya Investment Management LLC, Goldman Sachs Group Inc., BlackRock Inc., Renaissance Technologies LLC, Systematic Financial Management LP, ClariVest Asset Management LLC and Victory Capital Management Inc.. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi, Jerry E Ryan, Mark A Pompa, 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 purchased by a variety of institutional investors in the last quarter, including Man Group plc, Wells Fargo & Company MN, Hsbc Holdings PLC, Marshall Wace LLP, Geode Capital Management LLC, Charles Schwab Investment Management Inc., WCM Investment Management LLC and State of Wisconsin Investment Board. 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 $81.8650.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $4.59 billion and generates $8.13 billion in revenue each year. The construction company earns $283.53 million in net income (profit) each year or $4.91 on an earnings per share basis. Emcor Group employs 33,000 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:  204 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  440
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 5/22/2019 by MarketBeat.com Staff

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