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NYSE:EME

EMCOR Group (EME) Stock Price, News & Analysis

EMCOR Group logo
$510.12 +2.17 (+0.43%)
(As of 11/29/2024 ET)

About EMCOR Group Stock (NYSE:EME)

Key Stats

Today's Range
$509.97
$519.72
50-Day Range
$427.29
$527.16
52-Week Range
$209.31
$532.38
Volume
177,411 shs
Average Volume
483,980 shs
Market Capitalization
$23.47 billion
P/E Ratio
25.91
Dividend Yield
0.20%
Price Target
$518.75
Consensus Rating
Hold

Company Overview

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. The company also provides building services that covers commercial and government site-based operations and maintenance; facility management, maintenance, and services; energy efficiency retrofit services; military base operations support services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal services; vendor management and call center services; installation and support for building systems; program development, management, and maintenance for energy systems; technical consulting and diagnostic services; infrastructure and building projects; modification and retrofit projects; and other building services, including reception, security, and catering services. In addition, it offers refinery turnaround planning and engineering; welding; overhaul and maintenance; instrumentation and electrical; and renewable energy services. The company was incorporated in 1987 and is headquartered in Norwalk, Connecticut.

EMCOR Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
68th Percentile Overall Score

EME MarketRank™: 

EMCOR Group scored higher than 68% of companies evaluated by MarketBeat, and ranked 62nd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    EMCOR Group has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    EMCOR Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about EMCOR Group's stock forecast and price target.
  • Earnings Growth

    Earnings for EMCOR Group are expected to grow by 7.23% in the coming year, from $20.74 to $22.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of EMCOR Group is 25.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of EMCOR Group is 25.91, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 31.26.

  • Price to Book Value per Share Ratio

    EMCOR Group has a P/B Ratio of 8.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about EMCOR Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.16% of the float of EMCOR Group has been sold short.
  • Short Interest Ratio / Days to Cover

    EMCOR Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in EMCOR Group has recently decreased by 24.80%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    EMCOR Group has a dividend yield of 0.20%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    EMCOR Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of EMCOR Group is 5.08%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, EMCOR Group will have a dividend payout ratio of 4.50% next year. This indicates that EMCOR Group will be able to sustain or increase its dividend.

  • Read more about EMCOR Group's dividend.
  • Percentage of Shares Shorted

    1.16% of the float of EMCOR Group has been sold short.
  • Short Interest Ratio / Days to Cover

    EMCOR Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in EMCOR Group has recently decreased by 24.80%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    EMCOR Group has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.86 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 26 news articles for EMCOR Group this week, compared to 9 articles on an average week.
  • Search Interest

    21 people have searched for EME on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
  • MarketBeat Follows

    18 people have added EMCOR Group to their MarketBeat watchlist in the last 30 days. This is an increase of 157% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, EMCOR Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.26% of the stock of EMCOR Group is held by insiders.

  • Percentage Held by Institutions

    92.59% of the stock of EMCOR Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about EMCOR Group's insider trading history.
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EME Stock News Headlines

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Calculating The Intrinsic Value Of EMCOR Group, Inc. (NYSE:EME)
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See More Headlines

EME Stock Analysis - Frequently Asked Questions

EMCOR Group's stock was trading at $215.43 at the start of the year. Since then, EME stock has increased by 136.8% and is now trading at $510.12.
View the best growth stocks for 2024 here
.

EMCOR Group, Inc. (NYSE:EME) released its quarterly earnings data on Thursday, October, 31st. The construction company reported $5.80 earnings per share for the quarter, topping the consensus estimate of $4.98 by $0.82. The firm's revenue was up 15.3% compared to the same quarter last year.

EMCOR Group's board initiated a share buyback program on Friday, June 7th 2024, which authorizes the company to buy back $500,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

EMCOR Group subsidiaries include Batchelor & Kimball, Ardent Services, Rabalais Constructors, Newcomb and Co., RepconStrickland, USM Services, Bahnson Holdings, and more.

EMCOR Group's top institutional investors include FMR LLC (5.06%), State Street Corp (3.51%), Geode Capital Management LLC (2.17%) and Allspring Global Investments Holdings LLC (0.75%). Insiders that own company stock include Anthony Guzzi, R Kevin Matz, Mark A Pompa, Maxine Lum Mauricio, Carol P Lowe and Robin A Walker-Lee.
View institutional ownership trends
.

Shares of EME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that EMCOR Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Novo Nordisk A/S (NVO), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

Ex-Dividend for 10/30 Dividend
10/15/2024
Dividend Payable
10/30/2024
Last Earnings
10/31/2024
Today
11/30/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
Electrical work
Sub-Industry
Construction & Engineering
CUSIP
29084Q10
Employees
38,300
Year Founded
1994

Price Target and Rating

Average Stock Price Target
$518.75
High Stock Price Target
$600.00
Low Stock Price Target
$430.00
Potential Upside/Downside
+1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$632.99 million
Pretax Margin
8.93%

Debt

Sales & Book Value

Annual Sales
$14.24 billion
Cash Flow
$16.09 per share
Book Value
$59.98 per share

Miscellaneous

Free Float
45,422,000
Market Cap
$23.47 billion
Optionable
Optionable
Beta
1.07

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This page (NYSE:EME) was last updated on 12/1/2024 by MarketBeat.com Staff
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