EMCOR Group (EME) Scheduled to Post Earnings on Thursday

EMCOR Group (NYSE:EME) will post its quarterly earnings results before the market opens on Thursday, October 31st. Analysts expect EMCOR Group to post earnings of $4.99 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

EMCOR Group Stock Performance

NYSE EME opened at $436.77 on Wednesday. EMCOR Group has a twelve month low of $203.57 and a twelve month high of $456.16. The stock has a market cap of $20.53 billion, a price-to-earnings ratio of 28.81 and a beta of 1.07. The firm’s 50 day moving average price is $413.23 and its two-hundred day moving average price is $384.40.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 30th. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.23%. The ex-dividend date is Tuesday, October 15th. EMCOR Group’s payout ratio is 6.60%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on EME shares. DA Davidson lifted their price objective on shares of EMCOR Group from $410.00 to $430.00 and gave the stock a “buy” rating in a research report on Friday, July 26th. StockNews.com upgraded shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 9th.

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.