EMCOR Group (EME) to Release Quarterly Earnings on Wednesday

EMCOR Group (NYSE:EME) is projected to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect EMCOR Group to post earnings of $5.53 per share and revenue of $3.81 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $433.64 on Wednesday. The company has a market capitalization of $19.95 billion, a PE ratio of 22.02 and a beta of 1.11. The business has a fifty day moving average price of $469.45 and a two-hundred day moving average price of $445.97. EMCOR Group has a 1 year low of $248.31 and a 1 year high of $545.29.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

Analysts Set New Price Targets

A number of brokerages have issued reports on EME. Stifel Nicolaus began coverage on EMCOR Group in a research note on Friday, November 15th. They issued a “buy” rating and a $600.00 price objective for the company. The Goldman Sachs Group began coverage on EMCOR Group in a research note on Friday, November 22nd. They issued a “sell” rating and a $445.00 price objective for the company. Northcoast Research began coverage on EMCOR Group in a research note on Friday, November 22nd. They set a “buy” rating and a $600.00 price target for the company. Finally, StockNews.com downgraded EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $518.75.

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.