EMCOR Group - EME Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EMCOR Group in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EME shares.
View EME analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 12-month price objectives for EMCOR Group's stock. Their EME share price forecasts range from $137.00 to $165.00. On average, they predict the company's share price to reach $154.00 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price.
View analysts price targets for EME or view top-rated stocks among Wall Street analysts.

EMCOR Group's stock was trading at $148.11 at the beginning of 2023. Since then, EME stock has decreased by 1.4% and is now trading at $146.09.
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EMCOR Group saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 702,100 shares, a decrease of 5.2% from the December 15th total of 740,700 shares. Based on an average trading volume of 341,200 shares, the short-interest ratio is presently 2.1 days. Approximately 1.5% of the shares of the stock are sold short.
View EMCOR Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our EME earnings forecast.

EMCOR Group will be holding an earnings conference call on Thursday, February 23rd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

EMCOR Group, Inc. (NYSE:EME) announced its quarterly earnings results on Thursday, October, 28th. The construction company reported $1.85 EPS for the quarter, topping analysts' consensus estimates of $1.79 by $0.06. The construction company earned $2.52 billion during the quarter, compared to the consensus estimate of $2.36 billion. EMCOR Group had a trailing twelve-month return on equity of 18.65% and a net margin of 3.54%. The business's revenue was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.76 EPS.

EMCOR Group declared a quarterly dividend on Friday, January 6th. Shareholders of record on Tuesday, January 17th will be paid a dividend of $0.15 per share on Tuesday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Friday, January 13th.
Read our dividend analysis for EME.

EMCOR Group (NYSE:EME) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EME will have a dividend payout ratio of 6.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EME.

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

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).

EMCOR Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "EME."

EMCOR Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.51%), WCM Investment Management LLC (0.43%), New York State Common Retirement Fund (0.38%), Allspring Global Investments Holdings LLC (0.36%), Ceredex Value Advisors LLC (0.30%) and Retirement Systems of Alabama (0.30%). Insiders that own company stock include Anthony Guzzi, Carol P Lowe, John W Altmeyer, Mark A Pompa, Maxine Lum Mauricio, R Kevin Matz and William P Reid.
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Shares of EME stock 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.
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One share of EME stock can currently be purchased for approximately $146.09.

EMCOR Group (NYSE:EME) has a market capitalization of $6.96 billion and generates $9.90 billion in revenue each year. The construction company earns $383.53 million in net income (profit) each year or $7.43 on an earnings per share basis.

The company employs 34,000 workers across the globe.

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