EMCOR Group (NYSE:EME) Announces Earnings Results

EMCOR Group (NYSE:EME) announced its earnings results on Wednesday. The construction company reported $6.32 EPS for the quarter, topping the consensus estimate of $5.53 by $0.79, Zacks reports. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. EMCOR Group updated its FY 2025 guidance to 22.250-24.000 EPS.

EMCOR Group Stock Up 5.8 %

Shares of EME stock opened at $420.92 on Thursday. EMCOR Group has a 12-month low of $272.29 and a 12-month high of $545.29. The firm has a fifty day moving average of $460.76 and a 200-day moving average of $448.49. The firm has a market capitalization of $19.36 billion, a price-to-earnings ratio of 21.38 and a beta of 1.11.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date was Thursday, January 16th. EMCOR Group’s dividend payout ratio is currently 5.08%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Northcoast Research started coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They issued a “buy” rating and a $600.00 price objective for the company. The Goldman Sachs Group initiated coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They issued a “sell” rating and a $445.00 price objective for the company. StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Finally, Stifel Nicolaus started coverage on shares of EMCOR Group in a research report on Friday, November 15th. They set a “buy” rating and a $600.00 price target for the company. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $518.75.

EMCOR Group declared that its Board of Directors has authorized a share repurchase program on Wednesday, February 26th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase up to 2.6% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is 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.