EMCOR Group (EME) to Release Earnings on Wednesday

EMCOR Group (NYSE:EMEGet Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $4.57 per share and revenue of $3.78 billion for the quarter. EMCOR Group has set its FY 2025 guidance at 22.250-24.000 EPS.

EMCOR Group (NYSE:EMEGet Free Report) last released its earnings results on Wednesday, February 26th. The construction company reported $6.32 EPS for the quarter, topping analysts’ consensus estimates of $5.53 by $0.79. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. The firm had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.81 billion. On average, analysts expect EMCOR Group to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.

EMCOR Group Trading Up 0.1 %

NYSE EME opened at $410.54 on Tuesday. EMCOR Group has a 12 month low of $319.49 and a 12 month high of $545.30. The stock has a market cap of $18.50 billion, a P/E ratio of 20.85 and a beta of 1.08. The stock’s fifty day moving average price is $385.65 and its 200-day moving average price is $443.60.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Thursday, April 17th will be paid a $0.25 dividend. The ex-dividend date is Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.24%. EMCOR Group’s dividend payout ratio is currently 4.64%.

EMCOR Group announced that its board has approved a share repurchase program on Wednesday, February 26th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

EME has been the subject of a number of recent analyst reports. StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th. Stifel Nicolaus decreased their price objective on shares of EMCOR Group from $600.00 to $514.00 and set a “buy” rating for the company in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus price target of $497.25.

Read Our Latest Analysis on EMCOR Group

Insider Activity at EMCOR Group

In other EMCOR Group news, CAO Maxine Lum Mauricio sold 1,250 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $370.07, for a total value of $462,587.50. Following the completion of the transaction, the chief accounting officer now directly owns 27,642 shares in the company, valued at $10,229,474.94. This represents a 4.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.26% of the stock is currently owned by company insiders.

EMCOR Group Company Profile

(Get Free Report)

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.

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Earnings History for EMCOR Group (NYSE:EME)

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