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

Posted by Francis Steltz on Jul 31st, 2026

EMCOR Group (NYSE:EME – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 32.000-33.250 for the period, compared to the consensus EPS estimate of 29.310. The company issued revenue guidance of $20.0 billion-$20.5 billion, compared to the consensus revenue estimate of $19.0 billion.

EMCOR Group Trading Up 1.2%

NYSE EME traded up $9.59 on Friday, reaching $811.96. 235,370 shares of the stock were exchanged, compared to its average volume of 400,932. EMCOR Group has a one year low of $564.92 and a one year high of $951.96. The firm has a market capitalization of $36.08 billion, a PE ratio of 27.27 and a beta of 1.13. The company’s 50-day simple moving average is $802.08 and its two-hundred day simple moving average is $787.69.

EMCOR Group (NYSE:EME – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts forecast that EMCOR Group will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is currently 5.37%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EME. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. UBS Group reiterated a “buy” rating and issued a $1,065.00 price target on shares of EMCOR Group in a research note on Friday. Finally, Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $898.75.

Check Out Our Latest Report on EME

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director William P. Reid sold 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total value of $1,851,560.00. Following the completion of the sale, the director owned 10,149 shares of the company’s stock, valued at approximately $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.73% of the company’s stock.

Key Stories Impacting EMCOR Group

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

Positive Sentiment: Q2 results significantly exceeded expectations. EMCOR reported record revenue of $5.15 billion, up approximately 19.8% year over year, and earnings of $9.06 per share versus the $7.23 consensus estimate and $6.72 a year earlier. EMCOR Group Second Quarter 2026 Results
Positive Sentiment: Management raised its 2026 forecast. Full-year EPS guidance is now $32.00-$33.25, above the previous outlook and the roughly $29.31 analyst consensus. Revenue guidance of $20.0-$20.5 billion also exceeds the approximately $19.0 billion consensus, providing a favorable signal for future growth. EME Q2 Earnings Beat Estimates
Positive Sentiment: Data-center demand and backlog are strengthening the outlook. The company highlighted robust data-center activity, a record backlog and broad-based growth across its businesses. These factors support visibility into future revenue and helped drive the higher guidance. EME Earnings Call Highlights
Neutral Sentiment: Acquisitions remain a potential growth lever. EMCOR is reportedly seeking acquisition opportunities, which could expand its capabilities and revenue base, although deal timing, valuation and integration risks remain uncertain. EMCOR Group Seeking Acquisitions

Institutional Trading of EMCOR Group

A number of large investors have recently made changes to their positions in EME. State Street Corp boosted its position in EMCOR Group by 2.2% in the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock valued at $1,158,603,000 after buying an additional 40,801 shares during the period. Invesco Ltd. increased its position in shares of EMCOR Group by 10.5% during the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after acquiring an additional 75,692 shares during the period. AQR Capital Management LLC raised its stake in shares of EMCOR Group by 6.4% during the fourth quarter. AQR Capital Management LLC now owns 667,698 shares of the construction company’s stock valued at $408,491,000 after acquiring an additional 40,191 shares in the last quarter. First Trust Advisors LP raised its stake in shares of EMCOR Group by 12.6% during the fourth quarter. First Trust Advisors LP now owns 587,457 shares of the construction company’s stock valued at $359,400,000 after acquiring an additional 65,737 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of EMCOR Group by 425.8% in the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock valued at $342,894,000 after purchasing an additional 453,876 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Company Profile

(Get Free Report)

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.