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.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryConstruction & Engineering
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees33,000
Next Earnings Date2/27/2020 (Confirmed)
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 announced a quarterly dividend on Tuesday, January 7th. Investors of record on Friday, January 17th will be paid a dividend of $0.08 per share on Friday, January 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, January 16th. View Emcor Group's Dividend History.
How will Emcor Group's stock buyback program work?
Emcor Group declared that its board has initiated a share repurchase plan 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 plans are generally an indication that the company's board believes its shares are undervalued.
How were Emcor Group's earnings last quarter?
Emcor Group Inc (NYSE:EME) posted its earnings results on Tuesday, October, 29th. The construction company reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.41 by $0.04. The construction company had revenue of $2.29 billion for the quarter, compared to analysts' expectations of $2.17 billion. The business's revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.36 EPS. View Emcor Group's Earnings History.
When is Emcor Group's next earnings date?
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 $95.00 to $107.00. On average, they anticipate Emcor Group's stock price to reach $99.00 in the next year. This suggests a possible upside of 13.2% 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 coverage about EME stock has been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press 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 five, with scores closest to five being the most favorable. Emcor Group earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Emcor Group.
Who are some of Emcor Group's key competitors?
Some companies that are related to Emcor Group include Jacobs Engineering Group (JEC), Ameresco (AMRC), Aecom (ACM), Aegion (AEGN), Argan (AGX), Comfort Systems USA (FIX), Dycom Industries (DY), Fluor Co. (NEW) (FLR), Granite Construction (GVA), Great Lakes Dredge & Dock (GLDD), KBR (KBR), MasTec (MTZ), MYR Group (MYRG), Northwest Pipe (NWPX) and Orion Group (ORN).
What other stocks do shareholders of Emcor Group own?
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 many different of institutional and retail investors. Top institutional shareholders include State Street Corp (3.22%), Prudential Financial Inc. (2.82%), Victory Capital Management Inc. (2.63%), Victory Capital Management Inc. (2.62%), AQR Capital Management LLC (2.05%) and FMR LLC (1.98%). 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 institutional investors are selling Emcor Group stock?
EME stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Chicago Equity Partners LLC, DekaBank Deutsche Girozentrale, Bank of America Corp DE, Bank of New York Mellon Corp, Lord Abbett & CO. LLC, Fiera Capital Corp and Prudential Financial Inc.. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi and Mark A Pompa. View Insider Buying and Selling for Emcor Group.
Which institutional investors are buying Emcor Group stock?
EME stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, AQR Capital Management LLC, Public Sector Pension Investment Board, Victory Capital Management Inc., Victory Capital Management Inc., UBS Group AG, Jacobs Levy Equity Management Inc. and State of New Jersey Common Pension Fund D. 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 $87.46.
MarketBeat Community Rating for Emcor Group (NYSE EME)
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.
