S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Senate rules referee weakens Dem drug plan in economic bill
Dems push Biden climate, health priorities toward Senate OK
China July exports rise, with trade surplus at record-high
NYSE:EME

EMCOR Group (EME) Stock Forecast, Price & News

$114.40
-0.03 (-0.03%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$112.92
$114.65
50-Day Range
$96.26
$117.05
52-Week Range
$95.64
$135.98
Volume
185,188 shs
Average Volume
247,957 shs
Market Capitalization
$5.65 billion
P/E Ratio
16.07
Dividend Yield
0.45%
Price Target
$138.75

EMCOR Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
21.3% Upside
$138.75 Price Target
Short Interest
Healthy
1.74% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.34mentions of EMCOR Group in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$202,536 Sold Last Quarter
Proj. Earnings Growth
13.99%
From $7.72 to $8.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Construction Sector

28th out of 124 stocks

Electrical Work Industry

2nd out of 4 stocks

EMCOR Group logo

About EMCOR Group (NYSE:EME) Stock

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services. The company also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services; outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; small modification and retrofit projects; and other building services. It offers industrial services to oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.

EMCOR Group Trading Down 0.0 %

NYSE:EME traded down $0.03 during trading hours on Friday, reaching $114.40. 185,188 shares of the stock were exchanged, compared to its average volume of 247,957. EMCOR Group has a twelve month low of $95.64 and a twelve month high of $135.98. The business has a 50-day moving average of $105.20 and a two-hundred day moving average of $110.24. The company has a market capitalization of $5.65 billion, a price-to-earnings ratio of 16.07 and a beta of 1.15. The company has a quick ratio of 1.26, a current ratio of 1.30 and a debt-to-equity ratio of 0.13.

EMCOR Group (NYSE:EME - Get Rating) last posted its earnings results on Thursday, July 28th. The construction company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.31. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.60 billion. EMCOR Group had a return on equity of 17.70% and a net margin of 3.59%. EMCOR Group's revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.78 EPS. On average, equities analysts predict that EMCOR Group will post 7.72 EPS for the current year.

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Tuesday, October 18th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, October 17th. This is a positive change from EMCOR Group's previous quarterly dividend of $0.13. This represents a $0.60 dividend on an annualized basis and a yield of 0.52%. EMCOR Group's dividend payout ratio (DPR) is 7.30%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Sidoti raised EMCOR Group from a "neutral" rating to a "buy" rating and set a $137.00 target price for the company in a research note on Monday, May 16th. KeyCorp raised their price objective on EMCOR Group from $125.00 to $135.00 and gave the stock an "overweight" rating in a research report on Monday, August 1st. Finally, StockNews.com raised shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a research report on Sunday, July 31st. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $138.75.

Insider Buying and Selling

In other news, Director Carol P. Lowe sold 1,975 shares of EMCOR Group stock in a transaction dated Monday, June 13th. The stock was sold at an average price of $102.55, for a total value of $202,536.25. Following the completion of the transaction, the director now owns 16,722 shares in the company, valued at approximately $1,714,841.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.70% of the stock is currently owned by insiders.

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EME Stock News Headlines

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EMCOR Group (NYSE:EME) Stock Rating Upgraded by StockNews.com
EMCOR Group Q2 Profit Tops Estimates
EMCOR Group (EME) Set to Announce Earnings on Thursday
EMCOR Group (NYSE:EME) Downgraded by StockNews.com
Emcore Corporation: It Is Darkest Before Dawn
EMCOR Group Inc - Stock Ownership EME
EMCOR Group Inc - Stock Financials EME
EMCOR Group Inc - Stock Quote EME
Relative Strength Alert For EMCOR Group
See More Headlines

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EME Company Calendar

Ex-Dividend for 7/29 Dividend
7/15/2022
Last Earnings
7/28/2022
Dividend Payable
7/29/2022
Today
8/07/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electrical work
Sub-Industry
Construction & Engineering
CUSIP
29084Q10
Employees
34,000
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$138.75
High Stock Price Forecast
$142.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+21.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$383.53 million
Pretax Margin
4.94%

Debt

Sales & Book Value

Annual Sales
$9.90 billion
Cash Flow
$9.29 per share
Book Value
$39.57 per share

Miscellaneous

Free Float
48,509,000
Market Cap
$5.65 billion
Optionable
Optionable
Beta
1.15

Social Links


Key Executives














EME Stock - Frequently Asked Questions

Should I buy or sell EMCOR Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EMCOR Group in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EMCOR Group stock.
View analyst ratings for EMCOR Group
or view top-rated stocks.

What is EMCOR Group's stock price forecast for 2022?

4 equities research analysts have issued 1-year price objectives for EMCOR Group's shares. Their EME stock forecasts range from $135.00 to $142.00. On average, they expect EMCOR Group's share price to reach $138.75 in the next twelve months. This suggests a possible upside of 21.3% from the stock's current price.
View analysts' price targets for EMCOR Group
or view top-rated stocks among Wall Street analysts.

How has EMCOR Group's stock performed in 2022?

EMCOR Group's stock was trading at $127.39 at the start of the year. Since then, EME stock has decreased by 10.2% and is now trading at $114.40.
View the best growth stocks for 2022 here
.

When is EMCOR Group's next earnings date?

EMCOR Group is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for EMCOR Group
.

How were EMCOR Group's earnings last quarter?

EMCOR Group, Inc. (NYSE:EME) released its quarterly earnings data on Thursday, July, 28th. The construction company reported $1.99 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.31. The construction company earned $2.71 billion during the quarter, compared to analyst estimates of $2.60 billion. EMCOR Group had a net margin of 3.59% and a trailing twelve-month return on equity of 17.70%. The company's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.78 earnings per share.

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

EMCOR Group announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Tuesday, October 18th will be given a dividend of $0.15 per share on Monday, October 31st. This represents a $0.60 annualized dividend and a yield of 0.52%. The ex-dividend date is Monday, October 17th. This is an increase from EMCOR Group's previous quarterly dividend of $0.13.
View EMCOR Group's dividend history
.

Is EMCOR Group a good dividend stock?

EMCOR Group(NYSE:EME) pays an annual dividend of $0.52 per share and currently has a dividend yield of 0.45%. EMCOR Group does not yet have a strong track record of dividend growth. The dividend payout ratio of EMCOR Group is 7.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EMCOR Group will have a dividend payout ratio of 5.91% next year. This indicates that EMCOR Group will be able to sustain or increase its dividend.
View EMCOR Group's dividend history.

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

EMCOR Group issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $7.30-$7.80 for the period, compared to the consensus estimate of $7.59. The company issued revenue guidance of $10.80 billion-$10.80 billion, compared to the consensus revenue estimate of $10.68 billion.

What is Anthony J. Guzzi's approval rating as EMCOR Group's CEO?

47 employees have rated EMCOR Group CEO Anthony J. Guzzi on Glassdoor.com. Anthony J. Guzzi has an approval rating of 62% among EMCOR Group's employees. This puts Anthony J. Guzzi in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), Micron Technology (MU), ALJ Regional (ALJJ), Transocean (RIG) and Gran Tierra Energy (GTE).

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 many different institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (3.10%), TimesSquare Capital Management LLC (1.50%), Ceredex Value Advisors LLC (0.59%), Reinhart Partners Inc. (0.39%), Allspring Global Investments Holdings LLC (0.37%) and Hallmark Capital Management Inc. (0.30%). Company insiders that own EMCOR Group stock include Anthony Guzzi, Carol P Lowe, John W Altmeyer, R Kevin Matz and William P Reid.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EMCOR Group's stock price today?

One share of EME stock can currently be purchased for approximately $114.40.

How much money does EMCOR Group make?

EMCOR Group (NYSE:EME) has a market capitalization of $5.65 billion and generates $9.90 billion in revenue each year. The construction company earns $383.53 million in net income (profit) each year or $7.12 on an earnings per share basis.

How many employees does EMCOR Group have?

EMCOR Group employs 34,000 workers across the globe.

Does EMCOR Group have any subsidiaries?

The following companies are subsidiares of EMCOR Group: Ardent Services, Bahnson Holdings, Batchelor & Kimball, Consolidated Engineering Services, Dyn Specialty Contracting Inc., EMCOR (UK) Limited, EMCOR Construction Services Inc., EMCOR Facilities Services Inc., EMCOR Group (UK) plc, EMCOR International Inc., EMCOR Mechanical/Electrical Services (East) Inc., EMCOR-CSI Holding Co., FR X Ohmstede Acquisitions Co., Fluidics, MES Holdings Corporation, Newcomb and Co., Ohmstede, Rabalais Constructors, RepconStrickland, RepconStrickland Inc., S.A. Comunale, Scalise Industries, and USM Services.
Read More

When was EMCOR Group founded?

EMCOR Group was founded in 1994.

How can I contact EMCOR Group?

EMCOR Group's mailing address is 301 MERRITT SEVEN, NORWALK CT, 06851. The official website for EMCOR Group is www.emcorgroup.com. The construction company can be reached via phone at (203) 849-7800 or via fax at 203-849-7900.

This page (NYSE:EME) was last updated on 8/7/2022 by MarketBeat.com Staff

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