NYSE:EME - Emcor Group Stock Price, Price Target & More

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

Emcor Group declared a quarterly dividend on Wednesday, April 4th. Investors of record on Monday, April 16th will be given a dividend of $0.08 per share on Monday, April 30th. This represents a $0.32 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Friday, April 13th. View Emcor Group's Dividend History.

Emcor Group declared that its Board of Directors has authorized a share repurchase plan on Thursday, October 26th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 2.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

Emcor Group Inc (NYSE:EME) announced its quarterly earnings results on Thursday, April, 26th. The construction company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The construction company earned $1.90 billion during the quarter, compared to analysts' expectations of $1.80 billion. Emcor Group had a net margin of 2.99% and a return on equity of 14.89%. The firm's revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.88 earnings per share. View Emcor Group's Earnings History.

Emcor Group is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Emcor Group.

Emcor Group updated its FY18 earnings guidance on Thursday, April, 26th. The company provided EPS guidance of $4.10-4.70 for the period, compared to the Thomson Reuters consensus estimate of $4.43. The company issued revenue guidance of $7.60-7.70 billion, compared to the consensus revenue estimate of $7.72 billion.

3 Wall Street analysts have issued 1 year target prices for Emcor Group's shares. Their forecasts range from $87.00 to $87.00. On average, they expect Emcor Group's stock price to reach $87.00 in the next twelve months. View Analyst Ratings for Emcor Group.

Emcor Group saw a decrease in short interest in May. As of May 31st, there was short interest totalling 505,217 shares, a decrease of 50.2% from the May 15th total of 1,014,568 shares. Based on an average daily volume of 348,839 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.9% of the shares of the company are short sold.

Some companies that are related to Emcor Group include HEIDELBERGCEMEN/ADR (HDELY), Vulcan Materials (VMC), Lennar (LEN), D. R. Horton (DHI), FERROVIAL S A/ADR (FRRVY), Martin Marietta Materials (MLM), Lennar Co. Class B (LEN.B), United Rentals (URI), Sekisui House (SKHSY), Masco (MAS), NVR (NVR), Rollins (ROL), PERSIMMON/ADR (PSMMY), Jacobs Engineering Group (JEC) and Cemex SAB de CV (CX).

News coverage about EME stock has trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emcor Group earned a coverage optimism score of 0.13 on Accern's scale. They also assigned news headlines about the construction company an impact score of 46.85 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Emcor Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.74%), Victory Capital Management Inc. (3.51%), Dimensional Fund Advisors LP (2.91%), Northern Trust Corp (2.63%), JPMorgan Chase & Co. (2.55%) and Prudential Financial Inc. (2.01%). Company insiders that own Emcor Group stock include David A B Brown, Jerry E Ryan, Maxine Lum Mauricio, Michael T Yonker and William P Reid. View Institutional Ownership Trends for Emcor Group.

EME stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Russell Investments Group Ltd., Dimensional Fund Advisors LP, Great Lakes Advisors LLC, Silvercrest Asset Management Group LLC, WINTON GROUP Ltd, Royal Bank of Canada and Millennium Management LLC. Company insiders that have sold Emcor Group company stock in the last year include Jerry E Ryan and William P Reid. View Insider Buying and Selling for Emcor Group.

EME stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, BNP Paribas Arbitrage SA, Caisse DE Depot ET Placement DU Quebec, The Manufacturers Life Insurance Company , Schwab Charles Investment Management Inc., Dupont Capital Management Corp and DekaBank Deutsche Girozentrale. View Insider Buying and Selling for 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.

One share of EME stock can currently be purchased for approximately $77.98.

Emcor Group has a market capitalization of $4.54 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.

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