EMCOR Group (NYSE:EME) Updates FY 2026 Earnings Guidance

EMCOR Group (NYSE:EME) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 27.250-29.250 for the period, compared to the consensus earnings per share estimate of 27.610. The company issued revenue guidance of $17.8 billion-$18.5 billion, compared to the consensus revenue estimate of $17.8 billion.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $800.62 on Thursday. EMCOR Group has a 52-week low of $320.89 and a 52-week high of $835.00. The firm has a fifty day moving average of $703.51 and a 200 day moving average of $662.81. The firm has a market capitalization of $35.84 billion, a PE ratio of 32.19 and a beta of 1.17.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $9.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.68 by $2.98. The firm had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a return on equity of 37.04% and a net margin of 6.96%.EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, sell-side analysts forecast that EMCOR Group will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were paid a $0.40 dividend. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 6.43%.

EMCOR Group declared that its board has approved a stock buyback plan on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts have issued reports on EME shares. Robert W. Baird set a $713.00 price target on shares of EMCOR Group in a research report on Friday, October 31st. DA Davidson increased their target price on EMCOR Group from $725.00 to $800.00 and gave the company a “buy” rating in a report on Friday, October 31st. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus lifted their target price on shares of EMCOR Group from $713.00 to $754.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus target price of $698.83.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC bought a new stake in EMCOR Group during the 2nd quarter valued at about $459,000. Pinnacle Financial Partners Inc. purchased a new stake in shares of EMCOR Group during the third quarter valued at approximately $203,000. EP Wealth Advisors LLC purchased a new stake in shares of EMCOR Group during the second quarter valued at approximately $251,000. Diversify Advisory Services LLC bought a new stake in shares of EMCOR Group during the second quarter valued at approximately $278,000. Finally, Great Lakes Advisors LLC raised its holdings in EMCOR Group by 32.3% in the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after acquiring an additional 144 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors.

About EMCOR Group

EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.

EMCOR’s service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.