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 Electrical work
Sub-IndustryConstruction & Engineering
SectorConstruction
Phone203-849-7800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$9.17 billion
Profitability
Miscellaneous
Employees33,000
Next Earnings Date5/5/2020 (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 Tuesday, January 7th. Stockholders of record on Friday, January 17th will be given a dividend of $0.08 per share on Friday, January 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.42%. 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 announced that its Board of Directors 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 stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
How were Emcor Group's earnings last quarter?
Emcor Group Inc (NYSE:EME) announced its quarterly earnings results on Thursday, February, 27th. The construction company reported $1.54 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.50 by $0.04. The construction company earned $2.40 billion during the quarter, compared to analysts' expectations of $2.28 billion. Emcor Group had a net margin of 3.51% and a return on equity of 17.11%. The company's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $1.38 EPS. View Emcor Group's Earnings History.
When is Emcor Group's next earnings date?
What guidance has Emcor Group issued on next quarter's earnings?
Emcor Group updated its FY20 earnings guidance on Thursday, February, 27th. The company provided earnings per share guidance of $5.60-6.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.99. The company issued revenue guidance of $9.5-9.7 billion, compared to the consensus revenue estimate of $9.66 billion.
What price target have analysts set for EME?
3 brokerages have issued twelve-month price targets for Emcor Group's shares. 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 twelve months. This suggests a possible upside of 28.7% 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?
Press coverage about EME stock has trended very negative on Saturday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Emcor Group earned a coverage optimism score of -4.0 on InfoTrie's scale. They also gave news stories about the construction company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Emcor Group.
Are investors shorting Emcor Group?
Emcor Group saw a increase in short interest in February. As of February 14th, there was short interest totalling 858,200 shares, an increase of 7.9% from the January 30th total of 795,600 shares. Based on an average daily volume of 244,400 shares, the days-to-cover ratio is currently 3.5 days. Currently, 1.6% of the shares of the stock are short sold. View Emcor Group's Current Options Chain.
Who are some of Emcor Group's key competitors?
Some companies that are related to Emcor Group include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), MasTec (MTZ), KBR (KBR), Comfort Systems USA (FIX), Fluor Co. (NEW) (FLR), Ameresco (AMRC), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Tutor Perini (TPC), Argan (AGX), Aegion (AEGN) and Great Lakes Dredge & Dock (GLDD).
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 a number of 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%), Geode Capital Management LLC (2.17%) and AQR Capital Management LLC (2.05%). 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 Macquarie Group Ltd., William Blair Investment Management LLC, AQR Capital Management LLC, Public Sector Pension Investment Board, Man Group plc, Geode Capital Management LLC, Victory Capital Management Inc. and Victory Capital Management Inc.. 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 $76.92.
How big of a company is Emcor Group?
Emcor Group has a market capitalization of $4.32 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.View Additional Information About Emcor Group.
What is Emcor Group's official website?
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)
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.
