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Emcor Group Inc - EME STOCK NEWS

Welcome to our dedicated page for Emcor Group news (Ticker: EME), a resource for investors and traders seeking the latest updates and insights on Emcor Group stock.

Company Overview

Emcor Group Inc (EME) is a specialty contracting powerhouse predominantly active in the United States, renowned for providing robust mechanical construction, electrical construction, and facilities services. The company excels in planning, installing, operating, maintaining, and protecting critical infrastructure systems tailored for a diverse clientele spanning commercial, technology, manufacturing, industrial, healthcare, utility, and institutional sectors. With a structure comprising approximately 100 operating subsidiaries, Emcor has mastered the art of combining broad national reach with the precision of local operational expertise.

Core Business & Operational Segments

The fundamental business of Emcor Group Inc revolves around the delivery of integrated systems designed to ensure the smooth functioning of modern facilities. Its core segments include:

  • United States Mechanical Construction and Facilities Services: This segment is pivotal, focusing on the installation and maintenance of mechanical systems such as HVAC, lighting, and heating.
  • United States Electrical Construction and Facilities Services: Emphasizing the critical aspects of electrical installations, power generation, and essential building infrastructure.
  • United States Building Services: Dedicated to comprehensive facility management, including fire protection and security systems, ensuring that buildings operate safely and efficiently.
  • United States Industrial Services: Encompassing a broad array of services that cater to complex industrial environments, these offerings support the demands of technology-driven and manufacturing sectors.
  • United Kingdom Building Services: Extending its model internationally, this segment reflects the company’s adaptability in addressing diverse regulatory and operational requirements.

Market Position & Industry Significance

Emcor Group Inc stands as a significant entity in the construction and facilities services industry. Its business model is built on offering integrated solutions that combine design, installation, and maintenance, ensuring that both new structures and existing facilities operate seamlessly. This dual approach of constructing new critical infrastructure while supporting the upkeep of historical buildings showcases the company’s versatility. Emcor’s strategic execution across various market segments not only addresses the evolving utilities landscape but also underscores its commitment to operational excellence and safety. Its ability to integrate comprehensive facility services with specialized construction expertise has earned the company recognition in major business publications, a testament to its robust operational strategy and skilled workforce.

Expertise in Infrastructure Solutions

Central to Emcor's value proposition is its deep-seated knowledge in integrating complex infrastructure systems. The company’s seasoned approach, underpinned by relentless focus on safety, operational continuity, and technical excellence, positions it as an expert in managing sophisticated environments. Through layers of quality control and meticulous planning, Emcor ensures that all installations of electrical, mechanical, and building services meet demanding industry standards.

Competitive Landscape & Differentiation

Within a competitive landscape that includes other specialty contractors, Emcor differentiates itself by combining expansive national resources with localized expertise. This rare blend allows for both a broad service offering and custom-tailored project execution. Competitors may match on specific service lines, but Emcor’s integrated service model and comprehensive project lifecycle management provide a distinctive advantage, making it a trusted provider of critical infrastructure in diverse settings. The company’s operational agility and precise understanding of local regulatory environments further enhance its market relevance.

Customer-Centric Approach & Execution Excellence

Emcor Group Inc serves a wide range of customers, from large commercial enterprises to government agencies. Its customer-centric strategy is reflected in a business philosophy that prioritizes tailored solutions, high-quality execution, and robust maintenance support. The firm’s expansive presence across the United States, illustrated by its numerous operational locations, ensures that local needs are met with professionalism and care. The emphasis on team expertise and advanced technical capabilities cements its reputation as a reliable partner in creating and sustaining essential built environments.

In Summary

Emcor Group Inc embodies a balanced blend of operational depth and market breadth in the realm of mechanical and electrical construction and facilities services. With a focus on creating resilient infrastructure in the United States and select international markets, the company represents a critical facet of the broader construction ecosystem. Its structured approach to managing complex projects and commitment to quality and safety establish it as a valued entity in the core sectors it serves.

Rhea-AI Summary

EMCOR Group, Inc. (NYSE: EME) has finalized its acquisition of Dallas Mechanical Group, LLC (DMG), a prominent provider of mechanical construction services located in Dallas, TX. This acquisition enhances EMCOR’s Building Services segment, allowing for expanded energy-efficient installation, maintenance, and repair services across North Texas. DMG services various sectors, including commercial, healthcare, and government. EMCOR's leadership anticipates increased capabilities and synergies with DMG, aiming to broaden their innovative service offerings in the region.

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Shambaugh & Son, a subsidiary of EMCOR Group, has completed a state-of-the-art cheese processing and whey drying facility for MWC, LLC. This facility, recognized with a 2021 Manufacturing Innovation Award, can process 25% of Michigan's milk and produces 850,000 pounds of cheese daily. The project involved significant technological advancements and a billion-dollar investment in the Michigan dairy industry. MWC is a joint venture of Glanbia plc, Select Milk Producers, and Dairy Farmers of America. The construction utilized advanced methods, integrating models from multiple vendors for seamless execution.

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EMCOR Group, Inc. (NYSE: EME) has promoted Maxine Lum Mauricio to Executive Vice President, effective immediately. She will continue to serve as General Counsel and Corporate Secretary, overseeing legal, cybersecurity, and diversity initiatives. CEO Anthony J. Guzzi praised Mauricio's leadership and her critical role in strategic decision-making. She has been with the company since 2002 and held various positions, including Deputy General Counsel and General Counsel. Mauricio is also a board member of Novanta Inc. and holds degrees from Dartmouth College and Harvard Law School.

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EMCOR Group, Inc. (NYSE: EME) reported its fourth quarter and full-year financial results for 2020, showing net income of $79.8 million, down from $86.9 million in Q4 2019. Revenue for Q4 decreased by 5.1% to $2.28 billion. Despite challenges, non-GAAP net income rose to $102.8 million. The company's operating income improved to $137.6 million, or 6.0% of revenues. Full-year revenues declined 4.1% to $8.80 billion. Looking ahead, EMCOR expects 2021 revenues between $9.2 billion and $9.4 billion and EPS of $6.20 to $6.70, reflecting cautious optimism.

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EMCOR Group, Inc. (NYSE: EME) announced the election of Major General (U.S. Army, Retired) Ronald L. Johnson to its Board of Directors, effective March 1, 2021. With over 40 years of leadership experience, Johnson is Professor of Practice at Georgia Tech and has a background in the NBA as Senior Vice President, Referee Operations. His extensive military career includes serving as Deputy Commanding General in the U.S. Army. CEO Anthony J. Guzzi praised Johnson's strategic expertise, anticipating his contributions to growth and shareholder value.

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EMCOR Group, Inc. (NYSE: EME) will announce its fourth quarter 2020 results on February 25, 2021. The conference call will start at 10:30 AM EST and will be hosted by CEO Tony Guzzi and CFO Mark Pompa, among others. The call will be available live via a webcast on their website, with a replay accessible two hours post-call until March 25, 2021. EMCOR is known for its capabilities in mechanical and electrical construction, industrial and energy infrastructure, and building services.

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EMCOR Group, Inc. (NYSE: EME) has announced a regular quarterly cash dividend of $0.13 per common share, which will be disbursed on January 29, 2021. Stockholders of record as of January 19, 2021 will be eligible for this dividend. EMCOR Group is recognized as a Fortune 500 leader in mechanical and electrical construction services, along with industrial and energy infrastructure.

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EMCOR Group, Inc. (NYSE: EME) has announced an increase in its quarterly dividend from $0.08 to $0.13 per share, effective January 29, 2021, for shareholders of record by January 19, 2021. The company projects an annualized dividend of $0.52 per share. CEO Tony Guzzi expressed confidence in EMCOR's financial strength and strategic investments for long-term growth. The firm emphasizes its strong balance sheet and consistent cash flow, which supports returning cash to shareholders while pursuing growth opportunities.

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EMCOR Group, Inc. (NYSE: EME) invites investors to join a live Fire Side Chat at the Credit Suisse 8th Annual Industrials Virtual Conference on December 3rd at 3:10 p.m. ET. The chat will feature Chairman, President and CEO Tony Guzzi, Executive Vice President and CFO Mark Pompa, and Executive Vice President Kevin Matz. Interested parties can tune in via a webcast on the Company's website. An archived version of the chat will also be available for two weeks after the event.

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Progressive Pipe Fabricators, part of Shambaugh & Son L.P., has opened a new 82,000-square-foot facility in Trinity, Alabama. The plant will produce over 20,000 individual sprinklers weekly and ship more than 1 million pounds of fabricated sprinkler pipe. This expansion enhances their sustainability efforts while creating 60 new jobs in the local community. The facility aims to serve a wider geographic area, reducing fuel consumption and improving market speed. The opening event attracted notable attendees from Alabama and the National Fire Sprinkler Association.

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FAQ

What is the current stock price of Emcor Group (EME)?

The current stock price of Emcor Group (EME) is $354.54 as of April 3, 2025.

What is the market cap of Emcor Group (EME)?

The market cap of Emcor Group (EME) is approximately 17.9B.

What is the core business of Emcor Group Inc?

Emcor Group Inc is primarily engaged in mechanical and electrical construction and facilities services. It provides integrated solutions that encompass planning, installing, operating, and maintaining critical infrastructure systems.

Which operational segments does Emcor Group Inc operate in?

The company operates through several segments including United States mechanical construction and facilities services, electrical construction and facilities services, building services, industrial services, as well as building services in the United Kingdom.

How does Emcor generate revenue?

Emcor generates revenue by providing comprehensive contracting services across various sectors. Its diversified portfolio includes installation, maintenance, and operational management of complex infrastructure systems for a wide range of clients.

What industries does Emcor Group Inc serve?

Emcor serves a broad spectrum of industries including commercial, technology, manufacturing, industrial, healthcare, utilities, and institutional sectors, ensuring reliable infrastructure support across these markets.

How does Emcor ensure localized excellence in its projects?

Emcor combines national resources with a local execution model, leveraging its extensive network of operating subsidiaries. This approach ensures that each project is tailored to regional demands and regulatory requirements.

What sets Emcor apart from other specialty contractors?

Emcor stands out due to its integrated service model that covers the full lifecycle of a project—from construction to maintenance. Its focus on both mechanical and electrical systems, coupled with a customer-centric approach, underscores its distinct market position.

How does Emcor maintain technical and operational expertise?

The company invests in a skilled workforce and comprehensive training initiatives, ensuring that its teams are well-versed in the latest industry practices. This commitment to quality helps maintain high standards across all its service offerings.

What are the market segments that contribute to Emcor's operations?

Emcor’s operations are segmented into mechanical construction, electrical construction, building services, and industrial services. Each segment is focused on delivering specialized support tailored to the unique demands of its respective market.
Emcor Group Inc

NYSE:EME

EME Rankings

EME Stock Data

17.88B
44.85M
1.54%
95.03%
2.06%
Engineering & Construction
Electrical Work
Link
United States
NORWALK