EMCOR Group, Inc. (NYSE:EME – Free Report) – Analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of EMCOR Group in a research note issued on Thursday, February 27th. DA Davidson analyst B. Thielman expects that the construction company will earn $4.73 per share for the quarter. The consensus estimate for EMCOR Group’s current full-year earnings is $20.74 per share. DA Davidson also issued estimates for EMCOR Group’s FY2025 earnings at $23.60 EPS and FY2026 earnings at $26.40 EPS.
A number of other analysts have also recently weighed in on EME. The Goldman Sachs Group started coverage on EMCOR Group in a research report on Friday, November 22nd. They issued a “sell” rating and a $445.00 price target on the stock. StockNews.com lowered shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th. Northcoast Research assumed coverage on shares of EMCOR Group in a report on Friday, November 22nd. They set a “buy” rating and a $600.00 price target for the company. Finally, Stifel Nicolaus decreased their price objective on shares of EMCOR Group from $600.00 to $514.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $497.25.
EMCOR Group Trading Down 1.9 %
Shares of EME opened at $388.31 on Monday. The stock has a market cap of $17.66 billion, a PE ratio of 19.72 and a beta of 1.11. EMCOR Group has a 1 year low of $313.48 and a 1 year high of $545.29. The stock has a 50 day simple moving average of $455.52 and a 200-day simple moving average of $450.05.
EMCOR Group (NYSE:EME – Get Free Report) last posted its earnings results on Wednesday, February 26th. The construction company reported $6.32 earnings per share for the quarter, beating analysts’ consensus estimates of $5.53 by $0.79. The business had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.81 billion. EMCOR Group had a net margin of 6.51% and a return on equity of 34.99%.
Institutional Investors Weigh In On EMCOR Group
A number of hedge funds have recently added to or reduced their stakes in EME. Continuum Advisory LLC lifted its position in shares of EMCOR Group by 53.7% during the fourth quarter. Continuum Advisory LLC now owns 83 shares of the construction company’s stock worth $38,000 after purchasing an additional 29 shares in the last quarter. Dogwood Wealth Management LLC bought a new position in EMCOR Group in the 4th quarter worth approximately $40,000. Summit Securities Group LLC acquired a new position in EMCOR Group during the 4th quarter worth $45,000. True Wealth Design LLC boosted its position in EMCOR Group by 3,466.7% in the 3rd quarter. True Wealth Design LLC now owns 107 shares of the construction company’s stock valued at $46,000 after buying an additional 104 shares during the last quarter. Finally, Park Square Financial Group LLC acquired a new stake in shares of EMCOR Group in the 4th quarter valued at $48,000. Institutional investors own 92.59% of the company’s stock.
EMCOR Group Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.26%. EMCOR Group’s dividend payout ratio is 4.64%.
EMCOR Group declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 26th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 2.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.
About EMCOR Group
EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.
Featured Stories
- Five stocks we like better than EMCOR Group
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- GitLab: Get In While It’s Down—Big Rebound Ahead
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Tesla Stock: Finding a Bottom May Take Time
- Investing in Commodities: What Are They? How to Invest in Them
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.com's FREE daily email newsletter.