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

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$73.16 -0.42 (-0.57 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$73.16
Today's Range$73.03 - $74.11
52-Week Range$57.29 - $82.04
Volume704,621 shs
Average Volume416,397 shs
Market Capitalization$4.10 billion
P/E Ratio14.90
Dividend Yield0.43%
Beta1.15
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$6.3507 per share
Book Value$30.25 per share

Profitability

Net Income$283.53 million

Miscellaneous

Employees33,000
Market Cap$4.10 billion
Next Earnings Date4/25/2019 (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 Monday, January 7th. Stockholders of record on Friday, January 18th will be paid a dividend of $0.08 per share on Wednesday, January 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Thursday, January 17th. View Emcor Group's Dividend History.

How will Emcor Group's stock buyback program work?

Emcor Group declared that its board has authorized a stock buyback plan on Thursday, October 25th 2018, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were Emcor Group's earnings last quarter?

Emcor Group Inc (NYSE:EME) issued its quarterly earnings results on Thursday, February, 21st. The construction company reported $1.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.03. The construction company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.05 billion. Emcor Group had a return on equity of 16.51% and a net margin of 3.49%. Emcor Group's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.13 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, April 25th 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 Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $4.70-5.40 for the period, compared to the Thomson Reuters consensus estimate of $5.19. The company issued revenue guidance of $8.3-8.4 billion, compared to the consensus revenue estimate of $8.18 billion.Emcor Group also updated its FY 2019 guidance to $4.70-5.40 EPS.

What price target have analysts set for EME?

2 brokers have issued 1 year price objectives for Emcor Group's stock. Their predictions range from $73.00 to $83.00. On average, they anticipate Emcor Group's stock price to reach $78.00 in the next year. This suggests a possible upside of 6.6% from the stock's current price. 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, "Shares of EMCOR have outperformed the industry in the past year. Robust construction activity, mainly in the non-residential markets is likely to boost profitability. EMCOR expects continued growth in the non-residential construction market and decent demand for government and commercial site-based services. Encouraged by robust performance so far, accretive acquisitions and increasing traction in the U.S. construction space, EMCOR’s management raised its revenue as well as earnings guidance for 2018. Moreover, ongoing industry trends hold tremendous potential for EMCOR, going forward. The company is also expanding the ambit of its Industrial business line beyond traditional shop-related operations to explore other profitable works in areas like food processing and power. Meanwhile, earnings estimate for 2018 and 2019 have remained stable over the past 60 days." (1/31/2019)
  • 2. Maxim Group analysts commented, "Although EME can work on more government projects in a U.S. recession, we believe EME’s stock price may struggle to achieve meaningful upside as the stock market prices in the end of the current streak of impressive macroeconomic growth." (12/13/2018)

Has Emcor Group been receiving favorable news coverage?

News coverage about EME stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. 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 impact score of -2.5 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several 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), Chipotle Mexican Grill (CMG), CA (CA), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), BlackRock (BLK), Micron Technology (MU), ALJ Regional (ALJJ), Gran Tierra Energy (GTE) and Apache (APA).

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 shareholders include BlackRock Inc. (11.90%), Victory Capital Management Inc. (3.52%), FMR LLC (2.60%), Dimensional Fund Advisors LP (2.40%), Prudential Financial Inc. (2.17%) and Bank of New York Mellon Corp (2.02%). Company insiders that own Emcor Group stock include Anthony Guzzi, Jerry E Ryan, 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 FMR LLC, First Quadrant L P CA, Impax Asset Management Group plc, Bank of New York Mellon Corp, Victory Capital Management Inc., Barclays PLC, SG Americas Securities LLC and Advisors Asset Management Inc.. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi, Jerry E Ryan, 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 acquired by a variety of institutional investors in the last quarter, including Norges Bank, Fiera Capital Corp, BlackRock Inc., Thrivent Financial for Lutherans, Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and Eaton Vance Management. 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 $73.16.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $4.10 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:  196 (Vote Outperform)
Underperform Votes:  228 (Vote Underperform)
Total Votes:  424
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 3/23/2019 by MarketBeat.com Staff

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