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S&P 500   0.63 (+2.44%)
DOW   0.63 (+2.44%)
BA   187.94 (+4.43%)
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DOW   0.63 (+2.44%)
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NYSE:EMEEmcor Group Stock Price, Forecast & News

$62.09
+1.27 (+2.09 %)
(As of 07/15/2020 04:00 PM ET)
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Today's Range
$60.27
Now: $62.09
$62.19
50-Day Range
$59.26
MA: $64.18
$71.75
52-Week Range
$41.85
Now: $62.09
$93.54
Volume245,900 shs
Average Volume435,907 shs
Market Capitalization$3.41 billion
P/E Ratio10.65
Dividend Yield0.52%
Beta1.03
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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Emcor Group logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.17 billion
Cash Flow$7.43 per share
Book Value$36.65 per share

Profitability

Net Income$325.14 million

Miscellaneous

Employees36,000
Market Cap$3.41 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Emcor Group (NYSE:EME) Frequently Asked Questions

How has Emcor Group's stock been impacted by COVID-19 (Coronavirus)?

Emcor Group's stock was trading at $67.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EME stock has decreased by 7.7% and is now trading at $62.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Emcor Group?

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

When is Emcor Group's next earnings date?

Emcor Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Emcor Group.

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) posted its quarterly earnings data on Thursday, April, 30th. The construction company reported $1.35 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $1.35. The construction company had revenue of $2.30 billion for the quarter, compared to analysts' expectations of $2.31 billion. Emcor Group had a return on equity of 16.51% and a net margin of 3.53%. The business's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.28 earnings per share. View Emcor Group's earnings history.

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

Emcor Group declared a quarterly dividend on Thursday, July 9th. Stockholders of record on Monday, July 20th will be given a dividend of $0.08 per share on Thursday, July 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Friday, July 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 approved a share buyback plan on Thursday, October 25th 2018, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

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

Emcor Group updated its first quarter earnings guidance on Tuesday, April, 21st. The company provided earnings per share guidance of ~$1.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.23. The company issued revenue guidance of ~$2.3 billion, compared to the consensus revenue estimate of $2.26 billion.

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 $60.00 to $95.00. On average, they anticipate Emcor Group's share price to reach $75.00 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price. View analysts' price targets 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’s shares have outperformed the industry so far this year. Strong demand across geographies and end-markets served as well as disciplined project execution are driving the company. Its major segments, primarily the U.S. Mechanical and Electrical Construction segment, continued to display strength, backed by higher project activity. Notably, strength in healthcare and manufacturing markets also supports the growth. However, coronavirus-led economic slowdown, higher costs and expenses, as well as volatility in the oil and gas market are significant concerns for the company. Owing to uncertainty of economic disruption by the coronavirus, EMCOR withdrew its full-year 2020 guidance." (7/7/2020)
  • 2. 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)

Has Emcor Group been receiving favorable news coverage?

Media coverage about EME stock has been trending extremely negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Emcor Group earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned news articles about the construction company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next several days. View the latest news about Emcor Group.

Are investors shorting Emcor Group?

Emcor Group saw a decline in short interest in June. As of June 15th, there was short interest totaling 663,500 shares, a decline of 23.0% from the May 31st total of 861,500 shares. Based on an average daily trading volume, of 526,900 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.2% of the company's shares 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), Hudson Technologies (HDSN), Gran Tierra Energy (GTE) and Transocean (RIG).

Who are Emcor Group's key executives?

Emcor Group's management team includes the following 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

What is Emcor Group's stock symbol?

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

Who are Emcor Group's major shareholders?

Emcor Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.39%), Reinhart Partners Inc. (0.38%), Bridge City Capital LLC (0.12%), Envestnet Asset Management Inc. (0.12%), Diligent Investors LLC (0.01%) and Wesbanco Bank Inc. (0.01%). Company insiders that own Emcor Group stock include Anthony Guzzi, Jerry E Ryan, John W Altmeyer, 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 Bridge City Capital LLC, Envestnet Asset Management Inc., and Diligent Investors LLC. View insider buying and selling activity 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 Reinhart Partners Inc., Wedge Capital Management L L P NC, Wesbanco Bank Inc., and Diversified Trust Co. View insider buying and selling activity 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 $62.09.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $3.41 billion and generates $9.17 billion in revenue each year. The construction company earns $325.14 million in net income (profit) each year or $5.75 on an earnings per share basis. Emcor Group employs 36,000 workers across the globe.

What is Emcor Group's official website?

The official website for Emcor Group is 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.

This page was last updated on 7/15/2020 by MarketBeat.com Staff

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