EMCOR Group, Inc. (EME) To Go Ex-Dividend on April 16th

EMCOR Group, Inc. (NYSE:EME) announced a quarterly dividend on Thursday, April 2nd. Shareholders of record on Thursday, April 16th will be paid a dividend of 0.40 per share by the construction company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, April 16th.

EMCOR Group has raised its dividend by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. EMCOR Group has a payout ratio of 6.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect EMCOR Group to earn $22.24 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 7.2%.

EMCOR Group Price Performance

Shares of EME stock opened at $812.83 on Tuesday. The stock has a market cap of $36.20 billion, a P/E ratio of 28.79 and a beta of 1.11. The company has a fifty day moving average price of $756.16 and a two-hundred day moving average price of $690.91. EMCOR Group has a one year low of $356.97 and a one year high of $835.00.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, equities research analysts anticipate that EMCOR Group will post 20.74 EPS for the current fiscal year.

EMCOR Group announced that its board has initiated a share repurchase program on Thursday, December 18th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the construction company to reacquire up to 1.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

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.