Emcor Group (NYSE:EME) is set to release its earnings data before the market opens on Wednesday, February 21st. Analysts expect Emcor Group to post earnings of $0.86 per share for the quarter.

Emcor Group (EME) opened at $75.44 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.41 and a current ratio of 1.44. Emcor Group has a one year low of $59.76 and a one year high of $85.08. The company has a market capitalization of $4,464.56, a P/E ratio of 21.07, a PEG ratio of 1.25 and a beta of 0.96.

Emcor Group declared that its Board of Directors has approved a stock buyback program on Thursday, October 26th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the construction company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 30th. Stockholders of record on Tuesday, January 16th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, January 12th. This represents a $0.32 annualized dividend and a dividend yield of 0.42%. Emcor Group’s dividend payout ratio is currently 8.94%.

Several brokerages have recently commented on EME. Stifel Nicolaus reiterated a “buy” rating and set a $88.00 target price (up from $75.00) on shares of Emcor Group in a research note on Thursday, October 26th. Zacks Investment Research upgraded Emcor Group from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Tuesday, October 31st. KeyCorp reiterated a “hold” rating on shares of Emcor Group in a research note on Friday, November 17th. Finally, ValuEngine downgraded Emcor Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $88.50.

In other news, Director William P. Reid sold 4,647 shares of Emcor Group stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $82.90, for a total transaction of $385,236.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.00% of the company’s stock.

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About Emcor Group

EMCOR Group, Inc is an electrical and mechanical construction, and facilities services firm in the United States. The Company provides building services and industrial services. Its segments are United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services, and United Kingdom building services.

Earnings History for Emcor Group (NYSE:EME)

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