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$8.13 billion
Profitability
Miscellaneous
Employees33,000
Next Earnings Date10/24/2019 (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 announced a quarterly dividend on Monday, July 8th. Stockholders of record on Friday, July 19th will be given a dividend of $0.08 per share on Tuesday, July 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Thursday, July 18th. View Emcor Group's Dividend History.
How will Emcor Group's stock buyback program work?
Emcor Group announced that its board has authorized a stock 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 usually a sign that the company's board of directors believes its shares are undervalued.
How were Emcor Group's earnings last quarter?
Emcor Group Inc (NYSE:EME) posted its earnings results on Tuesday, July, 30th. The construction company reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.30 by $0.19. The construction company had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.12 billion. Emcor Group had a return on equity of 17.47% and a net margin of 3.58%. Emcor Group's revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last year, the business posted $1.21 earnings per share. 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 issued an update on its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of $5.50-5.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.50. The company issued revenue guidance of $8.8-8.9 billion, compared to the consensus revenue estimate of $8.67 billion.
What price target have analysts set for EME?
3 brokers have issued twelve-month price objectives for Emcor Group's stock. Their forecasts range from $83.00 to $95.00. On average, they expect Emcor Group's share price to reach $87.6667 in the next twelve months. This suggests a possible upside of 7.1% 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?
Headlines about EME stock have trended negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Emcor Group earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Emcor Group.
Are investors shorting Emcor Group?
Emcor Group saw a increase in short interest in July. As of July 31st, there was short interest totalling 490,500 shares, an increase of 11.0% from the June 30th total of 442,000 shares. Based on an average trading volume of 301,800 shares, the short-interest ratio is currently 1.6 days. Approximately 0.9% of the company's shares are sold short. 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 D. R. Horton (DHI), Lennar (LEN), Martin Marietta Materials (MLM), CHINA RWY GRP L/ADR (CRWOY), CHINA RWY CONST/ADR (CWYCY), HEIDELBERGCEMEN/ADR (HDELY), NVR (NVR), Nippon Paint (NPCPF), Lennar (LEN.B), CHINA COMMUNICA/ADR (CCCGY), SEKISUI HOUSE L/S (SKHSY), Jacobs Engineering Group (JEC), Masco (MAS), Rollins (ROL) and Lennox International (LII).
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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.48%), Vanguard Group Inc. (9.76%), Victory Capital Management Inc. (3.20%), Prudential Financial Inc. (2.59%), York Capital Management Global Advisors LLC (2.11%) and Nuveen Asset Management LLC (2.11%). 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 major investors are selling Emcor Group stock?
EME stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, BlackRock Inc., Bank of America Corp DE, Victory Capital Management Inc., Bogle Investment Management L P DE, Renaissance Technologies LLC, Dupont Capital Management Corp and Silvercrest Asset Management Group LLC. Company insiders that have sold Emcor Group company stock in the last year include Anthony Guzzi, Jerry E Ryan, Mark A Pompa, R Kevin Matz and William P Reid. View Insider Buying and Selling for Emcor Group.
Which major investors are buying Emcor Group stock?
EME stock was purchased by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Nuveen Asset Management LLC, Prudential Financial Inc., Carlson Capital L P, AQR Capital Management LLC, Canada Pension Plan Investment Board, Vanguard Group Inc. and UBS Asset Management Americas 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, Scottrade, Fidelity and Charles Schwab.
What is Emcor Group's stock price today?
One share of EME stock can currently be purchased for approximately $81.85.
How big of a company is Emcor Group?
Emcor Group has a market capitalization of $4.59 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.
