EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, food processing, and mining industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, and fiber optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; fire protection 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. It also provides building services that cover commercial and government site-based operations and maintenance; facility management, maintenance, and services outage services to utilities and industrial plants; military base operations support services; mobile mechanical maintenance and services; services for indoor air quality; floor care and janitorial services; landscaping, lot sweeping, and snow removal; other building services; vendor management; 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; and small modification and retrofit projects. In addition, the company provides industrial services for oil, gas, and petrochemical industries. EMCOR Group, Inc. was incorporated in 1987 and is headquartered in Norwalk, Connecticut.
IPO Year:
Exchange: NYSE
Website: emcorgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/22/2024 | $600.00 | Buy | Northcoast |
| 11/22/2024 | $445.00 | Sell | Goldman |
| 11/15/2024 | $600.00 | Buy | Stifel |
| 1/10/2024 | Sector Weight | KeyBanc Capital Markets | |
| 1/17/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/16/2022 | $137.00 | Neutral → Buy | Sidoti |
| 2/25/2022 | Neutral → Buy | DA Davidson | |
| 11/8/2021 | $132.00 → $141.00 | Buy | Stifel |
| 7/30/2021 | $115.00 → $125.00 | Neutral | DA Davidson |
| 6/24/2021 | $146.00 | Sector Weight → Overweight | Keybanc |
8-K - EMCOR Group, Inc. (0000105634) (Filer)
10-Q - EMCOR Group, Inc. (0000105634) (Filer)
8-K - EMCOR Group, Inc. (0000105634) (Filer)
10-Q - EMCOR Group, Inc. (0000105634) (Filer)
8-K - EMCOR Group, Inc. (0000105634) (Filer)
SD - EMCOR Group, Inc. (0000105634) (Filer)
8-K/A - EMCOR Group, Inc. (0000105634) (Filer)
8-K - EMCOR Group, Inc. (0000105634) (Filer)
10-Q - EMCOR Group, Inc. (0000105634) (Filer)
ARS - EMCOR Group, Inc. (0000105634) (Filer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
4 - EMCOR Group, Inc. (0000105634) (Issuer)
EMCOR Group, Inc. (NYSE:EME) announced today that Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations, will participate in a fireside chat and conduct one-on-one meetings at the Baird 2024 Global Industrial Conference in Chicago, Illinois. Date: Tuesday, November 12th, 2024 Fire Side Chat Discussion Time: 9:30 a.m. EST Click here for live webcast The fireside chat discussion will be available via live audio webcast on the Home Page of the Company's website at http://www.emcorgroup.com and archived for replay through December 13, 2024. About EMCOR EMCOR Gro
Record Quarterly Revenues of $3.70 billion, 15.3% Increase Year-over-Year Record Quarterly Diluted EPS of $5.80, 62.5% Increase Year-over-Year Record Remaining Performance Obligations of $9.79 billion, 13.4% Increase Year-over-Year 2024 Revenue Guidance of at least $14.5 billion (previously $14.5 billion - $15.0 billion) 2024 Diluted EPS Guidance Range Increased to $20.50 - $21.00 (previously $19.00 - $20.00) EMCOR Group, Inc. (NYSE:EME) today reported results for the quarter ended September 30, 2024. Third Quarter 2024 Results of Operations For the third quarter of 2024, revenues totaled $3.70 billion, up 15.3% from the third quarter of 2023. Net income for the third quarter of 2024
EMCOR Group, Inc. (NYSE:EME) announced today that it will release its financial results for the third quarter ended September 30, 2024, on Thursday, October 31, 2024, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, October 31, 2024, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's web
EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on October 30, 2024 to stockholders of record as of October 15, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at www.emcorgroup.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241003106881/en/
EMCOR Group, Inc. (NYSE:EME) announced today that Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations, will participate in a fireside chat and conduct one-on-one meetings at the D.A. Davidson 23rd Annual Diversified Industrials & Services Conference in Nashville, Tennessee. Date: Thursday, September 19th, 2024 Fire Side Chat Discussion Time: 2:15 p.m. EDT Click here for live webcast The fireside chat discussion will also be available via live audio webcast on the Home Page of the Company's website at http://www.emcorgroup.com and archived for replay through
Record Quarterly Revenues of $3.67 billion, 20.4% Increase Year-over-Year Record Quarterly Diluted EPS of $5.25, 78.0% Increase Year-over-Year Remaining Performance Obligations of $9.0 billion, 8.6% Increase Year-over-Year Increases 2024 Revenue Guidance Range to $14.5 billion - $15.0 billion from $14.0 billion - $14.5 billion Increases 2024 Diluted EPS Guidance Range to $19.00 - $20.00 from $15.50 - $16.50 EMCOR Group, Inc. (NYSE:EME) today reported results for the quarter ended June 30, 2024. Second Quarter 2024 Results of Operations For the second quarter of 2024, revenues totaled $3.67 billion, an increase of 20.4%, compared to $3.05 billion for the second quarter of 2023.
EMCOR Group, Inc. (NYSE:EME) announced today that it will release its financial results for the second quarter ended June 30, 2024, on Thursday, July 25, 2024, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, July 25th, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's website at www
EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on July 30, 2024 to stockholders of record as of July 15, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at www.emcorgroup.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240703576914/en/
EMCOR Group, Inc. (NYSE:EME), announced today that its Board of Directors has authorized an additional $500 million for the purchase of shares of its outstanding common stock under its existing share repurchase program. Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR, commented, "Our long-term confidence in our business, strong free cash flow, solid financial position, and commitment to our shareholders is reflected by this increase to our share repurchase program. We remain excited about the opportunities within our resilient and growing end sectors and remain committed to a balanced capital allocation strategy, which includes pursuing organic investments, strategic
EMCOR Group, Inc. (NYSE:EME) announced today that Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations, will host one-on-one meetings at the following investor conferences: KeyBanc Industrials & Basic Materials Conference Date: Wednesday, May 29, 2024 Location: Boston, Massachusetts Interested investors should contact their KeyBanc representative directly to schedule a meeting. Stifel 2024 Cross Sector Insight Conference Date: Tuesday, June 4, 2024 Location: Boston, Massachusetts Interested investors should contact their Stifel representative directly to sche
Record Quarterly Revenues of $3.70 billion, 15.3% Increase Year-over-Year Record Quarterly Diluted EPS of $5.80, 62.5% Increase Year-over-Year Record Remaining Performance Obligations of $9.79 billion, 13.4% Increase Year-over-Year 2024 Revenue Guidance of at least $14.5 billion (previously $14.5 billion - $15.0 billion) 2024 Diluted EPS Guidance Range Increased to $20.50 - $21.00 (previously $19.00 - $20.00) EMCOR Group, Inc. (NYSE:EME) today reported results for the quarter ended September 30, 2024. Third Quarter 2024 Results of Operations For the third quarter of 2024, revenues totaled $3.70 billion, up 15.3% from the third quarter of 2023. Net income for the third quarter of 2024
EMCOR Group, Inc. (NYSE:EME) announced today that it will release its financial results for the third quarter ended September 30, 2024, on Thursday, October 31, 2024, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, October 31, 2024, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's web
EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on October 30, 2024 to stockholders of record as of October 15, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at www.emcorgroup.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20241003106881/en/
Record Quarterly Revenues of $3.67 billion, 20.4% Increase Year-over-Year Record Quarterly Diluted EPS of $5.25, 78.0% Increase Year-over-Year Remaining Performance Obligations of $9.0 billion, 8.6% Increase Year-over-Year Increases 2024 Revenue Guidance Range to $14.5 billion - $15.0 billion from $14.0 billion - $14.5 billion Increases 2024 Diluted EPS Guidance Range to $19.00 - $20.00 from $15.50 - $16.50 EMCOR Group, Inc. (NYSE:EME) today reported results for the quarter ended June 30, 2024. Second Quarter 2024 Results of Operations For the second quarter of 2024, revenues totaled $3.67 billion, an increase of 20.4%, compared to $3.05 billion for the second quarter of 2023.
EMCOR Group, Inc. (NYSE:EME) announced today that it will release its financial results for the second quarter ended June 30, 2024, on Thursday, July 25, 2024, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, July 25th, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's website at www
EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on July 30, 2024 to stockholders of record as of July 15, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at www.emcorgroup.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240703576914/en/
Quarterly Revenues of $3.43 billion, 18.7% Increase Year-over-Year Quarterly Diluted EPS of $4.17, 79.7% Increase Year-over-Year Record Remaining Performance Obligations of $9.18 billion, 16.5% Increase Year-over-Year Increases 2024 Revenue Guidance Range to $14.0 billion - $14.5 billion from $13.5 billion - $14.0 billion Increases 2024 Diluted EPS Guidance Range to $15.50 - $16.50 from $14.00 - $15.00 EMCOR Group, Inc. (NYSE:EME) today reported results for the first quarter ended March 31, 2024. For the first quarter of 2024, revenues totaled $3.43 billion, an increase of 18.7%, compared to $2.89 billion for the first quarter of 2023. Net income was $197.1 million, or $4.17 per
EMCOR Group, Inc. (NYSE:EME) announced today that it will release its financial results for the first quarter ended March 31, 2024, on Thursday, April 25, 2024, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, April 25th, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's website at w
EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on April 30, 2024 to stockholders of record as of April 16, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at www.emcorgroup.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240403914062/en/
Record Quarterly and Full-Year Revenues of $3.44 billion and $12.58 billion, respectively Record Quarterly and Full-Year Diluted EPS of $4.47 and $13.31, respectively Non-GAAP Full-Year Diluted EPS of $13.34 Record Remaining Performance Obligations of $8.85 billion, 18.6% Increase Year-over-Year 2024 Revenues and Diluted EPS Guidance of $13.5 billion - $14.0 billion and $14.00 - $15.00 Board Approves Increase in Quarterly Dividend to $0.25 per share from $0.18 per share EMCOR Group, Inc. (NYSE:EME) today reported results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Results of Operations For the fourth quarter of 2023, net income was $211.5 mil
Northcoast initiated coverage of EMCOR Group with a rating of Buy and set a new price target of $600.00
Goldman initiated coverage of EMCOR Group with a rating of Sell and set a new price target of $445.00
Stifel initiated coverage of EMCOR Group with a rating of Buy and set a new price target of $600.00
KeyBanc Capital Markets initiated coverage of EMCOR Group with a rating of Sector Weight
KeyBanc Capital Markets downgraded EMCOR Group from Overweight to Sector Weight
Sidoti upgraded EMCOR Group from Neutral to Buy and set a new price target of $137.00
DA Davidson upgraded EMCOR Group from Neutral to Buy
Stifel reiterated coverage of EMCOR Gr with a rating of Buy and set a new price target of $141.00 from $132.00 previously
DA Davidson reiterated coverage of EMCOR Gr with a rating of Neutral and set a new price target of $125.00 from $115.00 previously
Keybanc upgraded EMCOR Gr from Sector Weight to Overweight and set a new price target of $146.00
NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per common share. The dividend will be paid on January 29, 2021 to stockholders of record as of January 19, 2021. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company’s Website at www.emcorgroup.com.
EMCOR Group (NYSE:EME) reported quarterly earnings of $5.25 per share which beat the analyst consensus estimate of $3.76 by 39.63 percent. The company reported quarterly sales of $3.667 billion which beat the analyst consensus estimate of $3.522 billion by 4.13 percent. This is a 20.39 percent increase over sales of $3.046 billion the same period last year.
Financial giants have made a conspicuous bearish move on EMCOR Group. Our analysis of options history for EMCOR Group (NYSE:EME) revealed 11 unusual trades. Delving into the details, we found 45% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $184,750, and 8 were calls, valued at $500,020. Projected Price Targets Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $310.0 to $380.0 for EMCOR Group over the last 3 months. Analyzing Volume & Open Interest Assessing the volume and open interest is a strategic step in options trading. These
EMCOR Group (NYSE:EME) has outperformed the market over the past 15 years by 8.43% on an annualized basis producing an average annual return of 20.74%. Currently, EMCOR Group has a market capitalization of $17.42 billion. Buying $1000 In EME: If an investor had bought $1000 of EME stock 15 years ago, it would be worth $17,687.02 today based on a price of $370.72 for EME at the time of writing. EMCOR Group's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine
EMCOR Group's (NYSE:EME) short percent of float has risen 50.0% since its last report. The company recently reported that it has 817 thousand shares sold short, which is 2.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.61 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is
EMCOR Group (NYSE:EME) has outperformed the market over the past 20 years by 11.0% on an annualized basis producing an average annual return of 19.25%. Currently, EMCOR Group has a market capitalization of $16.72 billion. Buying $100 In EME: If an investor had bought $100 of EME stock 20 years ago, it would be worth $3,381.94 today based on a price of $355.78 for EME at the time of writing. EMCOR Group's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine an
EMCOR Group (NYSE:EME) has outperformed the market over the past 15 years by 9.19% on an annualized basis producing an average annual return of 22.03%. Currently, EMCOR Group has a market capitalization of $18.00 billion. Buying $1000 In EME: If an investor had bought $1000 of EME stock 15 years ago, it would be worth $20,170.09 today based on a price of $383.03 for EME at the time of writing. EMCOR Group's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine
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