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

$85.71
-0.95 (-1.10 %)
(As of 09/22/2019 02:27 PM ET)
Today's Range
$85.45
Now: $85.71
$87.05
50-Day Range
$80.04
MA: $84.30
$87.75
52-Week Range
$57.29
Now: $85.71
$89.54
Volume646,046 shs
Average Volume374,321 shs
Market Capitalization$4.81 billion
P/E Ratio17.46
Dividend Yield0.37%
Beta1.14
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$6.3161 per share
Book Value$30.25 per share

Profitability

Net Income$283.53 million

Miscellaneous

Employees33,000
Market Cap$4.81 billion
Next Earnings Date10/24/2019 (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, July 8th. Stockholders of record on Friday, July 19th will be paid a dividend of $0.08 per share on Tuesday, July 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, July 18th. View Emcor Group's Dividend History.

How will Emcor Group's stock buyback program work?

Emcor Group announced that its Board of Directors has approved a stock repurchase plan 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 repurchase up to 5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) released its quarterly earnings results on Tuesday, July, 30th. The construction company reported $1.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.30 by $0.19. The construction company earned $2.32 billion during the quarter, compared to analysts' expectations of $2.12 billion. Emcor Group had a net margin of 3.58% and a return on equity of 17.47%. Emcor Group's revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.21 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, October 24th 2019. View Earnings Estimates for Emcor Group.

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

Emcor Group updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $5.50-5.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.50. The company issued revenue guidance of $8.8-8.9 billion, compared to the consensus revenue estimate of $8.67 billion.

What price target have analysts set for EME?

3 equities research analysts have issued twelve-month price targets for Emcor Group's shares. Their forecasts range from $83.00 to $95.00. On average, they anticipate Emcor Group's share price to reach $87.6667 in the next year. This suggests a possible upside of 2.3% 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 this week, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -1.3 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Emcor Group.

Are investors shorting Emcor Group?

Emcor Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 660,800 shares, an increase of 34.7% from the July 31st total of 490,500 shares. Based on an average trading volume of 306,900 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.2% of the company's shares are sold short. 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), 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. (11.48%), BlackRock Inc. (11.48%), Vanguard Group Inc. (9.76%), Victory Capital Management Inc. (3.20%), Prudential Financial Inc. (2.59%) and York Capital Management Global Advisors LLC (2.11%). 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 TimesSquare Capital Management LLC, BlackRock Inc., BlackRock Inc., Bank of America Corp DE, Victory Capital Management Inc., Bogle Investment Management L P DE, Renaissance Technologies LLC and Dupont Capital Management Corp. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi, Jerry E Ryan, Mark A Pompa and William P Reid. View Insider Buying and Selling for Emcor Group.

Which major investors are buying Emcor Group stock?

EME stock was acquired by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Nuveen Asset Management LLC, Prudential Financial Inc., Carlson Capital L P, AQR Capital Management LLC, Canada Pension Plan Investment Board, Vanguard Group Inc. and UBS Asset Management Americas Inc.. 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 $85.71.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $4.81 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:  220 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  472
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 9/22/2019 by MarketBeat.com Staff

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