DA Davidson Issues Positive Outlook for EMCOR Group Earnings

EMCOR Group, Inc. (NYSE:EME) – Equities researchers at DA Davidson raised their FY2025 earnings per share (EPS) estimates for EMCOR Group in a research note issued to investors on Friday, November 1st. DA Davidson analyst B. Thielman now forecasts that the construction company will earn $22.22 per share for the year, up from their previous forecast of $21.50. DA Davidson has a “Buy” rating and a $430.00 price target 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 report on Wednesday, October 9th.

EMCOR Group Trading Up 1.8 %

Shares of EME stock opened at $461.50 on Monday. EMCOR Group has a 12-month low of $206.37 and a 12-month high of $468.59. The company has a market cap of $21.53 billion, a price-to-earnings ratio of 23.44 and a beta of 1.07. The stock has a 50 day simple moving average of $420.33 and a 200-day simple moving average of $387.99.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, October 31st. The construction company reported $5.80 EPS for the quarter, beating the consensus estimate of $4.98 by $0.82. The firm had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.77 billion. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. The firm’s revenue was up 15.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.61 EPS.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its position in shares of EMCOR Group by 92.8% during the first quarter. BNP Paribas Financial Markets now owns 102,516 shares of the construction company’s stock worth $35,901,000 after acquiring an additional 49,346 shares during the last quarter. Montag A & Associates Inc. acquired a new position in EMCOR Group in the first quarter valued at approximately $1,772,000. Cetera Advisors LLC boosted its stake in EMCOR Group by 165.3% in the first quarter. Cetera Advisors LLC now owns 6,209 shares of the construction company’s stock valued at $2,174,000 after acquiring an additional 3,869 shares during the period. Sei Investments Co. boosted its stake in EMCOR Group by 3.8% in the first quarter. Sei Investments Co. now owns 128,492 shares of the construction company’s stock valued at $44,996,000 after acquiring an additional 4,647 shares during the period. Finally, HBK Sorce Advisory LLC acquired a new position in EMCOR Group in the first quarter valued at approximately $209,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 30th. Investors of record on Tuesday, October 15th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date was Tuesday, October 15th. EMCOR Group’s payout ratio is currently 5.08%.

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.