EMCOR Group, Inc. (NYSE:EME) Stock Has Consensus Price Target of $965.86 According to Analysts

Shares of EMCOR Group, Inc. (NYSE:EME) have been given an average recommendation of “Buy” by the eight brokerages that are covering the company, Marketbeat reports. Seven equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $1,014.17.

A number of analysts recently weighed in on the company. Weiss Ratings downgraded EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. Oppenheimer increased their price target on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, July 31st. UBS Group raised their price objective on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Cantor Fitzgerald decreased their price objective on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Finally, DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a research report on Monday, August 10th.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $783.16 on Thursday. EMCOR Group has a one year low of $564.92 and a one year high of $951.96. The company has a market cap of $34.55 billion, a P/E ratio of 24.36 and a beta of 1.12. The firm has a fifty day moving average of $777.63 and a two-hundred day moving average of $801.46.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the prior year, the company posted $6.72 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, equities analysts predict that EMCOR Group will post 32.98 earnings per share for the current year.

EMCOR Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th. EMCOR Group’s payout ratio is 4.98%.

Hedge Funds Weigh In On EMCOR Group

Several hedge funds have recently added to or reduced their stakes in EME. NBH Bank purchased a new position in shares of EMCOR Group during the 2nd quarter worth approximately $27,000. Ascentis Independent Advisors purchased a new stake in EMCOR Group in the 1st quarter valued at approximately $27,000. Clearstead Trust LLC acquired a new stake in EMCOR Group during the 2nd quarter valued at $38,000. Orion Capital Management LLC purchased a new position in EMCOR Group during the second quarter worth $39,000. Finally, Basecamp Wealth Advisors LLC raised its holdings in shares of EMCOR Group by 4,700.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock worth $35,000 after acquiring an additional 47 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Company Profile

EMCOR Group, Inc is a specialty construction and facilities services company headquartered in Norwalk, Connecticut. The company provides mechanical and electrical construction, building services, industrial services, energy infrastructure, and related maintenance solutions for commercial, industrial, institutional, governmental, and utility customers.

Its activities include designing and installing heating, ventilation, and air-conditioning systems; electrical power and communications infrastructure; plumbing and piping systems; fire protection; process systems; and building automation technologies.