EMCOR Group (EME) to Release Quarterly Earnings on Wednesday

EMCOR Group (NYSE:EME) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $5.53 per share and revenue of $3.81 billion for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

EMCOR Group Stock Up 1.7 %

Shares of NYSE:EME opened at $433.64 on Wednesday. EMCOR Group has a twelve month low of $248.31 and a twelve month high of $545.29. The stock’s 50 day moving average is $469.45 and its 200-day moving average is $445.97. The firm has a market capitalization of $19.95 billion, a price-to-earnings ratio of 22.02 and a beta of 1.11.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Thursday, January 16th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date was Thursday, January 16th. EMCOR Group’s payout ratio is 5.08%.

Analyst Upgrades and Downgrades

EME has been the topic of a number of research reports. StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 12th. Stifel Nicolaus started coverage on EMCOR Group in a research report on Friday, November 15th. They set a “buy” rating and a $600.00 target price on the stock. The Goldman Sachs Group started coverage on EMCOR Group in a report on Friday, November 22nd. They set a “sell” rating and a $445.00 price target for the company. Finally, Northcoast Research started coverage on EMCOR Group in a report on Friday, November 22nd. They set a “buy” rating and a $600.00 price target for the company. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Based on data from MarketBeat, EMCOR Group presently 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.