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NYSE:EMEEmcor Group Stock Price, Forecast & News

$63.55
-1.79 (-2.74 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$63.20
Now: $63.55
$64.75
50-Day Range
$55.92
MA: $61.49
$69.84
52-Week Range
$41.85
Now: $63.55
$93.54
Volume426,159 shs
Average Volume459,670 shs
Market Capitalization$3.49 billion
P/E Ratio10.90
Dividend Yield0.49%
Beta1.02
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.86 out of 5 stars


Industry, Sector and Symbol

Industry Electrical work
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP29084Q10
Phone203-849-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$9.17 billion
Cash Flow$7.23 per share
Book Value$36.97 per share

Profitability

Net Income$325.14 million

Miscellaneous

Employees36,000
Market Cap$3.49 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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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 (WHO). Since then, EME stock has decreased by 5.5% and is now trading at $63.55. 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) posted its quarterly earnings results on Thursday, April, 30th. The construction company reported $1.35 earnings per share for the quarter, meeting the consensus estimate of $1.35. The construction company earned $2.30 billion during the quarter, compared to the consensus estimate of $2.31 billion. Emcor Group had a return on equity of 16.51% and a net margin of 3.53%. The business's revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $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 declared a quarterly dividend on Tuesday, April 7th. Shareholders of record on Friday, April 17th will be given a dividend of $0.08 per share on Thursday, April 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Thursday, April 16th. View Emcor Group's dividend history.

How will Emcor Group's stock buyback program work?

Emcor Group announced that its board has initiated a stock buyback program on Thursday, October 25th 2018, which allows the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

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

Emcor Group issued an update on its first quarter earnings guidance on Tuesday, April, 21st. The company provided EPS guidance of ~$1.35 for the period, compared to the Thomson Reuters consensus EPS 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 Wall Street analysts have issued 1-year target prices for Emcor Group's shares. Their forecasts range from $60.00 to $95.00. On average, they expect Emcor Group's share price to reach $75.00 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View analysts' price targets for Emcor Group.

Has Emcor Group been receiving favorable news coverage?

News headlines about EME stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest 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 effect on the stock's share price in the next several days. View the latest news aboutEmcor Group.

Are investors shorting Emcor Group?

Emcor Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 993,700 shares, an increase of 40.5% from the April 30th total of 707,300 shares. Based on an average daily trading volume, of 510,100 shares, the short-interest ratio is presently 1.9 days. Approximately 1.9% of the company's shares are short sold. 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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.88%), State Street Corp (3.36%), Victory Capital Management Inc. (2.81%), Victory Capital Management Inc. (2.81%), Geode Capital Management LLC (2.19%) and Nuveen Asset Management LLC (1.92%). 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 major investors are selling Emcor Group stock?

EME stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Silvercrest Asset Management Group LLC, Federated Hermes Inc., AJO LP, Robeco Institutional Asset Management B.V., Thrivent Financial for Lutherans, APG Asset Management N.V., and APG Asset Management N.V.. 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 activity for Emcor Group.

Which major investors are buying Emcor Group stock?

EME stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Fuller & Thaler Asset Management Inc., TimesSquare Capital Management LLC, Assenagon Asset Management S.A., Reinhart Partners Inc., Wedge Capital Management L L P NC, Victory Capital Management Inc., and Victory Capital Management Inc.. 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 $63.55.

How big of a company is Emcor Group?

Emcor Group has a market capitalization of $3.49 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 5/30/2020 by MarketBeat.com Staff

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