Log in

NYSE:EMEEmcor Group Stock Price, Forecast & News

$60.82
+0.37 (+0.61 %)
(As of 07/14/2020 04:00 PM ET)
Add
Compare
Today's Range
$59.87
Now: $60.82
$62.32
50-Day Range
$59.26
MA: $64.21
$71.75
52-Week Range
$41.85
Now: $60.82
$93.54
Volume216,000 shs
Average Volume436,790 shs
Market Capitalization$3.34 billion
P/E Ratio10.43
Dividend Yield0.53%
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.
Read More
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$7.47 per share
Book Value$36.65 per share

Profitability

Net Income$325.14 million

Miscellaneous

Employees36,000
Market Cap$3.34 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

Receive EME News and Ratings via Email

Sign-up to receive the latest news and ratings for EME and its competitors with MarketBeat's FREE daily newsletter.

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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EME shares have decreased by 9.6% and is now trading at $60.82. 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) announced its earnings results on Thursday, April, 30th. The construction company reported $1.35 earnings per share for the quarter, hitting analysts' consensus estimates of $1.35. The construction company earned $2.30 billion during the quarter, compared to analysts' expectations of $2.31 billion. Emcor Group had a net margin of 3.53% and a return on equity of 16.51%. The company's revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $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 announced a quarterly dividend on Thursday, July 9th. Stockholders of record on Monday, July 20th will be paid a dividend of $0.08 per share on Thursday, July 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date 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 authorized a share repurchase program on Thursday, October 25th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are 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 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 analysts have issued twelve-month target prices for Emcor Group's stock. Their forecasts range from $60.00 to $95.00. On average, they anticipate Emcor Group's stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 23.3% 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?

News articles about EME stock have been trending somewhat positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Emcor Group earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Emcor Group.

Are investors shorting Emcor Group?

Emcor Group saw a drop in short interest in June. As of June 15th, there was short interest totaling 663,500 shares, a drop of 23.0% from the May 31st total of 861,500 shares. Based on an average daily trading volume, of 526,900 shares, the short-interest ratio is currently 1.3 days. Approximately 1.2% of the shares of the stock 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), 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 many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.39%), Reinhart Partners Inc. (0.38%), Envestnet Asset Management Inc. (0.12%), Diligent Investors LLC (0.01%), Wesbanco Bank Inc. (0.01%) and Diversified Trust Co (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 institutional investors are selling Emcor Group stock?

EME stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Diligent Investors LLC. View insider buying and selling activity for Emcor Group.

Which institutional investors are buying Emcor Group stock?

EME stock was acquired 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 $60.82.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $3.34 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

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.