EMCOR Group, Inc. (NYSE:EME) Stock Has Consensus Target Price of $982.86

Shares of EMCOR Group, Inc. (NYSE:EME) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $998.57.

EME has been the topic of several research reports. The Goldman Sachs Group cut their target price on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 20th. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. DA Davidson set a $1,047.00 price objective on EMCOR Group in a research note on Monday, August 10th. Cantor Fitzgerald decreased their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Finally, UBS Group reissued a “buy” rating and set a $1,065.00 target price (up from $975.00) on shares of EMCOR Group in a research report on Friday, October 9th.

EMCOR Group Stock Down 0.4%

Shares of NYSE:EME opened at $677.08 on Monday. The company has a market cap of $29.64 billion, a P/E ratio of 19.56 and a beta of 1.16. EMCOR Group has a 52 week low of $564.92 and a 52 week high of $951.96. The business has a fifty day simple moving average of $742.75 and a 200-day simple moving average of $779.57.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, October 29th. The construction company reported $9.60 earnings per share for the quarter, topping the consensus estimate of $8.37 by $1.23. EMCOR Group had a return on equity of 36.65% and a net margin of 7.78%. The firm had revenue of $5.54 billion for the quarter, compared to the consensus estimate of $5.19 billion. During the same period in the prior year, the business posted $6.57 earnings per share. The firm’s revenue for the quarter was up 28.8% compared to the same quarter last year. Sell-side analysts expect that EMCOR Group will post 35.00 earnings per share for the current fiscal year.

EMCOR Group declared that its Board of Directors has approved a share buyback plan on Thursday, October 29th that allows the company to buy back $500 million in outstanding shares. This repurchase authorization allows the construction company to reacquire up to 1.7% of its stock through open market purchases. Share repurchase plans are often an indication that the company’s board believes its stock is undervalued.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were given a $0.40 dividend. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 4.62%.

Institutional Trading of EMCOR Group

Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of EMCOR Group in the second quarter worth about $3,416,412,000. Deutsche Bank AG acquired a new position in EMCOR Group during the 2nd quarter worth approximately $342,273,000. Bank of America Corp DE acquired a new position in EMCOR Group during the 2nd quarter worth approximately $282,509,000. Bank of New York Mellon Corp acquired a new position in shares of EMCOR Group during the second quarter worth $207,597,000. Finally, Legal & General Group Plc purchased a new position in shares of EMCOR Group in the second quarter valued at $168,025,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting EMCOR Group

Here are the key news stories impacting EMCOR Group this week:

• Positive Sentiment: Record Q3 results beat expectations. EMCOR reported adjusted earnings of $9.60 per share, exceeding the $8.37 consensus estimate, while revenue rose 28.8% year over year to a quarterly record of $5.54 billion, above the $5.19 billion forecast. EMCOR Group Reports Record Third Quarter 2026 Results
• Positive Sentiment: EMCOR raised its 2026 guidance. The company now expects adjusted earnings of $34.50 to $35.50 per share, well above the FactSet consensus of $32.99. The improved outlook reflects stronger margins, record project backlogs and continued execution. EMCOR Raises 2026 Earnings Outlook
• Positive Sentiment: Data-center demand remains a major growth driver. Management highlighted surging demand for data-center infrastructure, along with a sizable backlog, as support for sustained revenue growth and improving profitability. EME Q3 Earnings Call Highlights
• Positive Sentiment: A $500 million share-repurchase authorization allows EMCOR to buy back up to approximately 1.7% of its shares. The program may support earnings per share and signals that management views the stock as attractively valued. EMCOR Share Repurchase Program
• Neutral Sentiment: Analysts noted that non-GAAP profit measures were stronger than GAAP results, creating some uncertainty about the quality and sustainability of the earnings improvement even though the quarter produced another substantial beat. Why EMCOR Group Stock Popped
• Negative Sentiment: The pullback may reflect profit-taking after the earnings-driven advance. At roughly $677, EMCOR trades below its 50-day and 200-day moving averages, suggesting near-term investors remain cautious despite the improved fundamentals.

EMCOR Group Company Profile

EMCOR Group, Inc provides construction, engineering, and building services through a network of specialty contracting businesses. Its core activities include electrical and mechanical construction, energy infrastructure, building systems, facilities services, and industrial maintenance. The company serves commercial, institutional, industrial, manufacturing, healthcare, education, government, and infrastructure customers.

Its services cover the design, installation, operation, maintenance, and upgrading of electrical, heating, ventilation, air-conditioning, plumbing, fire protection, and building automation systems.