Q1 Earnings Forecast for EMCOR Group Issued By DA Davidson

EMCOR Group, Inc. (NYSE:EME) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for EMCOR Group in a report released 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.

Several other equities analysts have also issued reports on EME. Northcoast Research assumed coverage on shares of EMCOR Group in a report on Friday, November 22nd. They issued a “buy” rating and a $600.00 price target for the company. The Goldman Sachs Group initiated coverage on EMCOR Group in a research note on Friday, November 22nd. They issued a “sell” rating and a $445.00 target price for the company. Stifel Nicolaus dropped their price target on EMCOR Group from $600.00 to $514.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Finally, StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $497.25.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $388.31 on Monday. The company has a 50 day moving average price of $455.52 and a two-hundred day moving average price of $450.05. The company has a market capitalization of $17.66 billion, a PE ratio of 19.72 and a beta of 1.11. EMCOR Group has a 52 week low of $313.48 and a 52 week high of $545.29.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Wednesday, February 26th. The construction company reported $6.32 EPS for the quarter, beating 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 company had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.81 billion.

EMCOR Group declared that its board has authorized a share repurchase plan on Wednesday, February 26th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the construction company to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders 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 0.26%. The ex-dividend date of this dividend was Thursday, January 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 4.64%.

Institutional Trading of EMCOR Group

Several hedge funds and other institutional investors have recently modified their holdings of EME. State Street Corp grew its holdings in shares of EMCOR Group by 1.5% during the third quarter. State Street Corp now owns 1,612,782 shares of the construction company’s stock worth $694,351,000 after buying an additional 24,541 shares in the last quarter. Invesco Ltd. grew its stake in shares of EMCOR Group by 28.0% during the 4th quarter. Invesco Ltd. now owns 1,318,494 shares of the construction company’s stock worth $598,465,000 after acquiring an additional 288,765 shares in the last quarter. Select Equity Group L.P. raised its holdings in shares of EMCOR Group by 1.6% in the fourth quarter. Select Equity Group L.P. now owns 1,064,003 shares of the construction company’s stock valued at $482,951,000 after purchasing an additional 16,563 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of EMCOR Group by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 1,022,170 shares of the construction company’s stock worth $463,320,000 after purchasing an additional 25,502 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of EMCOR Group in the fourth quarter worth $299,855,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

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.