FY2025 EPS Estimates for EMCOR Group Boosted by DA Davidson

EMCOR Group, Inc. (NYSE:EME - Free Report) - Investment analysts at DA Davidson boosted their FY2025 EPS estimates for shares of EMCOR Group in a research report issued to clients and investors on Friday, November 1st. DA Davidson analyst B. Thielman now anticipates that the construction company will post earnings of $22.22 per share for the year, up from their prior forecast of $21.50. DA Davidson currently has a "Buy" rating and a $430.00 target price on the stock. The consensus estimate for EMCOR Group's current full-year earnings is $19.50 per share.

Separately, StockNews.com upgraded EMCOR Group from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, October 9th.

EMCOR Group Price Performance

NYSE:EME traded up $8.29 during midday trading on Monday, hitting $461.50. The company's stock had a trading volume of 393,988 shares, compared to its average volume of 430,317. EMCOR Group has a fifty-two week low of $206.37 and a fifty-two week high of $468.59. The firm's 50 day moving average is $418.65 and its 200-day moving average is $387.11. The firm has a market cap of $21.53 billion, a P/E ratio of 23.02 and a beta of 1.07.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The construction company reported $5.80 earnings per share for the quarter, topping analysts' consensus estimates of $4.98 by $0.82. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. The business had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the previous year, the firm earned $3.61 earnings per share. The company's revenue was up 15.3% on a year-over-year basis.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 30th. Shareholders of record on Tuesday, October 15th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.00 dividend on an annualized basis and a yield of 0.22%. EMCOR Group's dividend payout ratio is currently 5.08%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets increased its stake in EMCOR Group by 92.8% during the 1st quarter. BNP Paribas Financial Markets now owns 102,516 shares of the construction company's stock worth $35,901,000 after buying an additional 49,346 shares in the last quarter. Montag A & Associates Inc. purchased a new stake in shares of EMCOR Group during the first quarter worth approximately $1,772,000. Cetera Advisors LLC raised its stake in EMCOR Group by 165.3% in the 1st quarter. Cetera Advisors LLC now owns 6,209 shares of the construction company's stock valued at $2,174,000 after purchasing an additional 3,869 shares during the last quarter. Sei Investments Co. lifted its holdings in EMCOR Group by 3.8% in the 1st quarter. Sei Investments Co. now owns 128,492 shares of the construction company's stock valued at $44,996,000 after purchasing an additional 4,647 shares in the last quarter. Finally, HBK Sorce Advisory LLC acquired a new stake in EMCOR Group during the 1st quarter worth $209,000. Hedge funds and other institutional investors own 92.59% of the company's stock.

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.