Latest news with #EMCORGroup
Globe and Mail
6 days ago
- Business
- Globe and Mail
EMCOR Group, Inc. Sets Second Quarter 2025 Earnings Release Date and Webcast
EMCOR Group, Inc. (NYSE: EME) announced today that it will release its financial results for the second quarter ended June 30, 2025, on Thursday, July 31, 2025, prior to the market open. In conjunction with this release, the Company will host an earnings conference call and webcast reviewing these results and its operations on Thursday, July 31, 2025, at 10:30 am EDT. The call will be hosted by Tony Guzzi, Chairman, President and Chief Executive Officer, Jason Nalbandian, Senior Vice President and Chief Financial Officer, and Andy Backman, Vice President, Investor Relations. The call can be accessed by all interested parties through a WEBCAST link on the Home Page of EMCOR's website at Please allow 10 minutes prior to the call to visit the site and download and install any necessary audio software. Additionally, investors can access a replay of the webcast through a REPLAY link two hours after the call on the Home Page of the Company's website. A replay of the call will be available through August 31, 2025. About EMCOR EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Web site at
Globe and Mail
03-07-2025
- Business
- Globe and Mail
EMCOR Group, Inc. Declares Regular Quarterly Dividend
EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on July 31, 2025 to stockholders of record as of July 15, 2025. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at
Associated Press
03-07-2025
- Business
- Associated Press
EMCOR Group, Inc. Declares Regular Quarterly Dividend
NORWALK, Conn.--(BUSINESS WIRE)--Jul 3, 2025-- EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.25 per common share. The dividend will be paid on July 31, 2025 to stockholders of record as of July 15, 2025. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services. This press release and other press releases may be viewed at the Company's Website at View source version on CONTACT: Andrew G. Backman Vice President Investor Relations 203-849-7938FTI Consulting Investors: Blake Mueller (718) 578-3706 KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT INDUSTRY KEYWORD: ENGINEERING CONSTRUCTION & PROPERTY BUILDING SYSTEMS MANUFACTURING SOURCE: EMCOR Group, Inc. Copyright Business Wire 2025. PUB: 07/03/2025 08:31 AM/DISC: 07/03/2025 08:31 AM
Yahoo
30-06-2025
- Business
- Yahoo
Can EMCOR's Data Center Expansion Fuel Long-Term Growth?
EMCOR Group, Inc. EME is gaining solid traction in the data center space, positioning itself to benefit from long-term demand in the digital infrastructure ecosystem. The company has significantly expanded its presence across U.S. data center markets, supported by both organic growth and strategic acquisitions. As of March 31, 2025, total remaining performance obligations were $11.75 billion, up 28.1% year over year. Of this, $3.6 billion was tied to the network and communications sector, which includes data center work, marking a 112% increase from the prior-year period and 28% growth is backed by elevated demand from hyperscale and enterprise clients, driven by the rapid adoption of cloud services and generative Artificial Intelligence (AI) workloads. According to the company, approximately 85% of the network and communications work is directly tied to data center construction. EMCOR now operates in more than 16 electrical and multiple mechanical geographies, serving this segment, up from just five years ago. The company also noted increasing project complexity and a growing mechanical scope due to the rising power and cooling needs of next-generation data its prefabrication and virtual design and construction capabilities, EMCOR is well equipped to handle large-scale, multi-phase data-center campuses. The company expects continued expansion in both new and existing markets, with strong client visibility extending into 2026. Backed by a record backlog and a positive 2025 outlook, EMCOR appears positioned to sustain growth as digital infrastructure continues to scale. Comfort Systems USA FIX and MasTec, Inc. MTZ are among the key competitors positioned to capitalize on the rising demand for data-center Systems is benefiting from strong demand for data center and semiconductor projects, driving record first-quarter 2025 results with earnings up more than 75% and revenues rising 19% year over year. Its backlog reached an all-time high of $6.9 billion, supported by robust bookings across mechanical and electrical work. While tariff pressures and hyperscaler spending shifts pose risks, record operating margins and heavy investment in modular capacity position Comfort Systems well to maintain momentum and capture growth in technology-driven is gaining strong traction from the rapid expansion of data-center development, which is driving demand for power infrastructure and fiber connectivity. The surge in artificial intelligence, cloud computing and high-performance data storage is fueling significant investments in new facilities, creating substantial growth opportunities. MasTec is well-positioned to benefit as companies prioritize the swift deployment of digital infrastructure to meet rising technological demands. EMCOR stock has risen 43.6% in the past three months compared with the Zacks Building Products - Heavy Construction industry's 39.5% rise. Image Source: Zacks Investment Research EME's stock is currently trading at a premium compared with the industry peers, with a forward 12-month price-to-earnings ratio of 21.64X. Image Source: Zacks Investment Research EMCOR's earnings estimates for 2025 and 2026 have remained unchanged over the past 30 days at $23.59 and $25.47 per share, respectively. These projections imply year-over-year growth of 9.6% for 2025 and 8% for 2026. Image Source: Zacks Investment Research EMCOR currently holds a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EMCOR Group, Inc. (EME) : Free Stock Analysis Report Comfort Systems USA, Inc. (FIX) : Free Stock Analysis Report MasTec, Inc. (MTZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
27-06-2025
- Business
- Business Insider
EMCOR Group (EME) Has a New Rating from Robert W. Baird
Robert W. Baird analyst Justin Hauke initiated coverage with a Buy rating on EMCOR Group (EME – Research Report) today and set a price target of $560.00. The company's shares closed today at $510.99. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Hauke is a 4-star analyst with an average return of 17.0% and a 69.01% success rate. Hauke covers the Industrials sector, focusing on stocks such as Custom Truck One Source, EMCOR Group, and MYR Group. EMCOR Group has an analyst consensus of Strong Buy, with a price target consensus of $536.50, representing a 4.99% upside. In a report released on June 12, UBS also initiated coverage with a Buy rating on the stock with a $570.00 price target. EME market cap is currently $22.49B and has a P/E ratio of 22.12. Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EME in relation to earlier this year. Earlier this month, Robert Peter Lind, the VP & Controller of EME sold 447.00 shares for a total of $216,960.39.
