EMCOR Group (NYSE:EME) Issues FY 2025 Earnings Guidance

EMCOR Group (NYSE:EME - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 22.250-24.000 for the period, compared to the consensus estimate of 23.060. The company issued revenue guidance of $16.1 billion-$16.9 billion, compared to the consensus revenue estimate of $15.8 billion.

EMCOR Group Trading Up 1.4 %

NYSE EME traded up $5.62 during trading on Friday, hitting $408.33. 676,820 shares of the company traded hands, compared to its average volume of 516,408. EMCOR Group has a 12 month low of $305.89 and a 12 month high of $545.29. The business has a fifty day simple moving average of $458.38 and a 200 day simple moving average of $448.53. The company has a market capitalization of $18.78 billion, a P/E ratio of 20.74 and a beta of 1.11.

EMCOR Group (NYSE:EME - Get Free Report) last announced its earnings results on Wednesday, February 26th. The construction company reported $6.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.53 by $0.79. The firm had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $3.81 billion. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. Equities research analysts predict that EMCOR Group will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a $0.25 dividend. The ex-dividend date was Thursday, January 16th. This represents a $1.00 annualized dividend and a yield of 0.24%. EMCOR Group's dividend payout ratio (DPR) is presently 5.08%.

EMCOR Group declared that its Board of Directors has approved a stock repurchase program on Wednesday, February 26th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the construction company to buy up to 2.6% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

EME has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on shares of EMCOR Group from $600.00 to $514.00 and set a "buy" rating on the stock in a report on Thursday. Northcoast Research began coverage on EMCOR Group in a research note on Friday, November 22nd. They set a "buy" rating and a $600.00 target price for the company. The Goldman Sachs Group began coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They set a "sell" rating and a $445.00 target price on the stock. Finally, StockNews.com lowered shares of EMCOR Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, EMCOR Group currently has an average rating of "Moderate Buy" and a consensus target price of $497.25.

EMCOR Group Company Profile

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.