EMCOR Group, Inc logo

EMCOR Group, IncNYSE: EME

Industrials · Construction & Engineering

$840.11

+1.52%

Vol: 369K

Research Digest

Friday, June 19, 2026

Neutral

No significant overnight updates

No material news in the last 48 hours.

Price 50d 200d

Previous Market Intelligence

13 days
Jun 18Cantor Fitzgerald reiterated an Overweight rating and $1,123 price target on EMCOR on June 16, framing the bull case as execution and mix rather than demand.Positive

On June 16, 2026, Cantor Fitzgerald analyst Manish Somaiya reiterated an Overweight rating on EMCOR Group with a $1,123 price target, saying the investor debate has shifted from validating demand to conversion, mix, and resource allocation. The note cited continued broad demand, strong visibility, and record remaining performance obligations, supported by data-center and mission-critical electrical-construction work. It follows EMCOR's strong Q1 2026 report (record revenue up ~19.7%, EPS up ~30%) and raised full-year guidance of $18.5B-$19.25B revenue and $28.25-$29.75 diluted EPS. Management has flagged electrical construction as its primary M&A focus, targeting low- and medium-voltage contractors. The risk is that the elevated valuation leaves little room if backlog conversion or margins disappoint. The reiteration is incremental confirmation rather than a new rating change.

Jun 17No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 16No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 15No significant overnight updatesNeutral

No material news in the last 48 hours.

Jun 14No significant overnight updatesNeutral

No material news in the last 48 hours.

May 21EMCOR director sells $1.85M of stock; firm announces investor conference lineupPositive

Director William P. Reid sold 2,000 EME shares on May 11 at a weighted average price of $925.78 ($1.85M total). On May 18, EMCOR announced CEO Tony Guzzi and CFO Jason Nalbandian will participate in the KeyBanc Industrials Conference (May 28) and William Blair Growth Stock Conference (June 2). Stock around $854 after recent all-time high of $951.96 on May 6, supported by AI infrastructure tailwinds.

May 20EMCOR announced on May 18, 2026 that its CEO and CFO will present at KeyBanc's Industrials Conference (May 28) and William Blair's Growth Stock Conference (June 2).Positive

EMCOR Group disclosed that Chairman/CEO Tony Guzzi and CFO Jason Nalbandian will participate in two upcoming investor events: the KeyBanc Capital Markets Industrials & Basic Materials Conference in Boston on May 28, 2026, and the William Blair 46th Annual Growth Stock Conference in Chicago on June 2, 2026. The announcement keeps EMCOR visible to institutional investors as the stock rides momentum from a record Q1 2026 (revenue +19.7% YoY to $4.63B) driven by AI/data center infrastructure demand. Management could use these venues to reiterate or refresh guidance, which would be the key risk if commentary disappoints. The stock has nearly doubled over the past year on AI infrastructure spending, so expectations heading into the events are elevated. Risk is more in tone than substance, given no new financial disclosures are scheduled.

May 19EMCOR announced participation in three upcoming investor conferences on May 18, with CEO and CFO set to present.Positive

On May 18, 2026, EMCOR Group announced that Chairman/CEO Tony Guzzi and CFO Jason Nalbandian will present at three upcoming investor events: KeyBanc Industrials & Basic Materials Conference (May 28, Boston), William Blair 46th Annual Growth Stock Conference (June 2, Chicago), and Stifel 2026 Boston Cross Sector 1x1 Conference (June 3). The schedule follows strong Q1 results showing record $15.62B RPO (up 32.9% YoY), with EPS of $6.84 vs $5.90 estimate, driving Stifel and Baird PT increases. Bear case: heavy data-center concentration exposes EMCOR to AI-capex cycle risk if hyperscaler spending decelerates.

May 18EMCOR director sold 2,000 shares for $1.85M on May 11-13 as the stock trades near its early-May all-time high on data center demand.Mixed

EMCOR Group director William P. Reid sold 2,000 shares for $1,851,560 in an open-market transaction reported May 11-13, 2026. On May 15, EME traded between $894.09 and $915.07, near its all-time high of $951.96 set May 6. The backdrop is record Q1 2026 results with EPS of $6.84 beating the $5.90 estimate by 16% and revenue of $4.63B versus $4.20B expected, driven by strong data center and AI-related demand. Cantor Fitzgerald raised its price target to $1,123 from $848 maintaining Overweight, while Stifel and Baird also lifted targets after the print. Record $15.6B Remaining Performance Obligations support strong revenue visibility for 2026.

May 15EMCOR director sold 2,000 shares at $925.78 on May 11 as stock trades near $923 with multiple firms raising PTs after record Q1 2026 revenue of $4.63B.Positive

EMCOR Group reported Q1 2026 record revenue of $4.63B (+19.7% YoY) and diluted EPS of $6.84 (vs $5.26 prior year), prompting the company to raise FY2026 EPS guidance to $28.25-$29.75 from $27.25-$29.25. Strong demand from data centers and core sectors drove RPOs to a record $15.62B. Baird raised PT to $900 from $808 and UBS raised PT to $945 from $900, both maintaining Outperform/Buy. Director William P. Reid disclosed an open-market sale of 2,000 shares on May 11 at a weighted average price of $925.78, a modest insider signal investors will watch. Risk: any data center capex slowdown could pressure backlog growth at current 31x P/E.

May 14EMCOR raised its full-year 2026 revenue guidance to $18.5-$19.25B and hit an all-time high of $951.96 on May 6 after Q1 revenue surged 19.7% to $4.63B with record $15.6B RPO.Positive

EMCOR reported Q1 2026 revenue of $4.63B (up 19.7% YoY, beating estimates by 10.24%) and EPS of $6.84 (beating $5.90 forecast by 15.93%). Growth was driven by Electrical Construction (+33.1%) and Mechanical Construction (+28.9%). Management raised full-year 2026 revenue guidance to $18.5-$19.25B from the prior $17.75-$18.50B range, supported by record Remaining Performance Obligations of $15.6B. The stock hit an all-time high of $951.96 on May 6, closing around $923 mid-May. 2026 and 2027 estimates have moved upward in the past 30 days, implying 10.8% and 9.3% YoY growth. Director William P. Reid sold 2,000 shares at $925.78 on May 11. EME carries a Zacks Rank #2 (Buy).

May 13EMCOR Group was profiled on May 12 as a strong contender in the construction sector trading near $929 amid data center-driven momentum.Positive

EMCOR Group was featured on May 12, 2026 as a strong contender in the construction sector. The stock traded between $906 and $936.43 on May 12, closing at $924.90 near its 52-week high after a 109% one-year gain. The bullish narrative is anchored by Q1 2026 results showing 19.7% YoY revenue growth to $4.63 billion and EPS of $6.84 beating forecasts by 16%. Electrical construction segment revenue grew 33.1% and mechanical construction rose 28.9%, with network and communications data center operations leading. Cantor Fitzgerald raised its price target to $1,123 from $848 on May 5 with an Overweight rating, citing broad-based demand not solely dependent on data centers. Insiders made high-value stock sales in early May.

May 12EMCOR Q1 26 EPS beats by 16% on data center demand; analysts raise PTs to $900-918 as Hill York signs Inter Miami stadium HVAC dealPositive

EMCOR Q1 2026 EPS of $6.84 beat forecast of $5.90 by 15.9%; revenue of $4.63B up 19.7% YoY and beat estimates by 10.24%. Net income climbed to $305.5M (+30% YoY diluted EPS growth). Updated Q2/Q3 guidance: EPS of $7.23 and $7.42, with continued strength in network communications and data center markets. Stifel raised PT to $918 from $901; Baird raised to $900 from $808. EMCOR subsidiary Hill York Service named official HVAC partner for Inter Miami CF Nu Stadium. Stock trading ~$921-$946 range.

Sector Peers

CompanyPriceDay1MFwd P/EBetaMkt Cap
PWRQUANTA$704.73-1.42%-1.1%42.7x1.22$105.4B
FIXCOMFORT$1,974.07+2.19%+7.2%36.8x1.67$69.2B
EMEEMCOR$840.11+1.52%-1.9%25.6x1.12$37.3B
JJACOBS$121.22-1.33%+6.3%14.6x0.68$14.3B
CATCATERPILLAR$991.23+3.69%+13.0%32.8x1.60$454.1B
GEGENERAL$359.14+0.59%+19.1%41.2x1.38$373.7B

Key Fundamentals

Market Cap$37.3B
P/E (TTM)28.1
Forward P/E25.6
Beta1.12
Div Yield16.00%
Prev Close$827.50

RSI (14-Day)

18Oversold
0305070100

52-Week Range

$478.16$840.11$951.96
From High-11.7%
From Low+75.7%

Moving Averages

50d SMA
$816.02+3.0%
200d SMA
$703.44+19.4%

Price above both MAs — bullish structure.

Historical Returns

1W
-1.5%
1M
-2.3%
3M
+3.4%
6M
+36.8%
1Y
+78.0%
YTD
+31.6%

Volume

Today369K
20d Avg379K
Ratio0.97x