DA Davidson Estimates EMCOR Group's Q1 Earnings (NYSE:EME)

EMCOR Group, Inc. (NYSE:EME - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of EMCOR Group in a research note issued on Thursday, February 27th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings per share of $4.73 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.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The construction company reported $6.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.53 by $0.79. EMCOR Group had a net margin of 6.51% and a return on equity of 34.99%. The firm had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $3.81 billion.

A number of other equities research analysts also recently commented on the company. The Goldman Sachs Group initiated coverage on EMCOR Group in a research report on Friday, November 22nd. They issued a "sell" rating and a $445.00 target price on the stock. Northcoast Research assumed coverage on EMCOR Group in a report on Friday, November 22nd. They set a "buy" rating and a $600.00 price objective on the stock. StockNews.com downgraded EMCOR Group from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. Finally, Stifel Nicolaus reduced their price target on shares of EMCOR Group from $600.00 to $514.00 and set a "buy" rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $497.25.

EMCOR Group Stock Down 3.2 %

EME stock traded down $13.18 during mid-day trading on Monday, hitting $395.73. The company had a trading volume of 560,355 shares, compared to its average volume of 517,509. The company has a 50-day moving average price of $458.38 and a 200 day moving average price of $449.73. EMCOR Group has a 12-month low of $313.48 and a 12-month high of $545.29. The company has a market capitalization of $18.00 billion, a price-to-earnings ratio of 20.10 and a beta of 1.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EME. Norges Bank bought a new stake in shares of EMCOR Group during the 4th quarter worth approximately $299,855,000. Invesco Ltd. increased its stake in EMCOR Group by 28.0% in the 4th quarter. Invesco Ltd. now owns 1,318,494 shares of the construction company's stock worth $598,465,000 after buying an additional 288,765 shares during the period. World Investment Advisors LLC bought a new stake in EMCOR Group during the 3rd quarter valued at about $100,282,000. Ameriprise Financial Inc. boosted its position in EMCOR Group by 94.2% in the 4th quarter. Ameriprise Financial Inc. now owns 306,999 shares of the construction company's stock valued at $139,349,000 after buying an additional 148,915 shares during the period. Finally, Nordea Investment Management AB grew its stake in EMCOR Group by 2,246.2% in the 4th quarter. Nordea Investment Management AB now owns 142,578 shares of the construction company's stock worth $65,036,000 after acquiring an additional 136,501 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Announces Dividend

The business also recently declared 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. The ex-dividend date was Thursday, January 16th. This represents a $1.00 annualized dividend and a yield of 0.25%. EMCOR Group's payout ratio is presently 4.64%.

EMCOR Group announced that its board has authorized a stock buyback plan on Wednesday, February 26th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the construction company to buy up to 2.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board 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.