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

$87.76
-0.56 (-0.63 %)
(As of 12/15/2019 08:24 AM ET)
Today's Range
$87.44
Now: $87.76
$88.68
50-Day Range
$86.02
MA: $89.15
$93.05
52-Week Range
$57.29
Now: $87.76
$93.54
Volume236,347 shs
Average Volume219,003 shs
Market Capitalization$4.93 billion
P/E Ratio17.87
Dividend Yield0.36%
Beta1.1
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. Read More…

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$6.35 per share
Book Value$30.25 per share

Profitability

Net Income$283.53 million

Miscellaneous

Employees33,000
Market Cap$4.93 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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, October 7th. Investors of record on Friday, October 18th will be paid a dividend of $0.08 per share on Wednesday, October 30th. This represents a $0.32 annualized dividend and a yield of 0.36%. The ex-dividend date is Thursday, October 17th. View Emcor Group's Dividend History.

How will Emcor Group's stock buyback program work?

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

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) released its quarterly earnings results on Tuesday, October, 29th. The construction company reported $1.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.41 by $0.04. The construction company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.17 billion. Emcor Group had a net margin of 3.51% and a return on equity of 17.11%. The firm's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.36 earnings per share. 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 20th 2020. View Earnings Estimates for Emcor Group.

What price target have analysts set for EME?

3 Wall Street analysts have issued 12-month target prices for Emcor Group's shares. Their forecasts range from $95.00 to $107.00. On average, they anticipate Emcor Group's share price to reach $99.00 in the next twelve months. This suggests a possible upside of 12.8% 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. Maxim Group analysts commented, "After reviewing Comfort Systems USA’s (FIX – Not Rated) market comments from last Friday and organic backlog growth, we slightly increase our 2Q19 forecast for EME’s remaining purchase obligations (a proxy for backlog) to $4.2 billion (from $4 billion) and our 2021 EPS to $6.05 (from $5.82)." (7/30/2019)
  • 2. 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)

Has Emcor Group been receiving favorable news coverage?

News headlines about EME stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Emcor Group earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Emcor Group.

Are investors shorting Emcor Group?

Emcor Group saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 516,700 shares, an increase of 8.0% from the November 14th total of 478,600 shares. Based on an average daily volume of 282,500 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.9% of the shares of the company are short sold. View Emcor Group's Current Options Chain.

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

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 variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.24%), TimesSquare Capital Management LLC (1.86%), Voya Investment Management LLC (1.17%), Man Group plc (0.83%), Systematic Financial Management LP (0.60%) and Foundry Partners LLC (0.42%). 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 institutional investors are selling Emcor Group stock?

EME stock was sold by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Millennium Management LLC, Man Group plc, Voya Investment Management LLC, Systematic Financial Management LP, State Street Corp, Russell Investments Group Ltd. and Chicago Equity Partners LLC. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi and Mark A Pompa. View Insider Buying and Selling for Emcor Group.

Which institutional investors are buying Emcor Group stock?

EME stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Squarepoint Ops LLC, California Public Employees Retirement System, TimesSquare Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., Voloridge Investment Management LLC, Meritage Portfolio Management and Arabesque Asset Management Ltd. 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, Robinhood, Fidelity and Charles Schwab.

What is Emcor Group's stock price today?

One share of EME stock can currently be purchased for approximately $87.76.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $4.93 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.View Additional Information About Emcor Group.

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:  233 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  501
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 12/15/2019 by MarketBeat.com Staff

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