Emcor Group Inc(NYSE:EME) Declares Dividend of $0.0800.

Emcor Group Inc (NYSE:EME) had declared a cash dividend of $0.0800 on Oct 3, 2016. The shares will quote ex-dividend on Oct 13, 2016 and the record date has been fixed for Oct 17, 2016. On Oct 3, 2016 share price, the yield comes out to be 0.5364%. The dividend payable date has been fixed on Oct 28, 2016.

In a different note, On Jul 19, 2016, KeyBanc said it Downgrades its rating on Emcor Group Inc. The shares have been rated ‘Sector Weight’ by the firm.

Emcor Group Inc (EME) shares turned negative on Fridays trading session with the shares closing down -0.9 points or -1.50% at a volume of 4,56,257. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $59.91. The peak price level was also seen at $59.91 while the days lowest was $58.56. Finally the shares closed at $59. The 52-week high of the shares is $60.56 while the 52-week low is $40.9803. According to the latest information available, the market cap of the company is $3,587 M.

Emcor Group Inc(EME) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.93B. Analysts had an estimated revenue of $1.75B. Earnings per share were $0.95. Analysts had estimated an EPS of $0.71.

Several Insider Transactions has been reported to the SEC. On Aug 5, 2016, Maxine Lum Mauricio (SVP and General Counsel) sold 1,386 shares at $56.35 per share price.Also, On Aug 5, 2016, David A B Brown (director) sold 5,851 shares at $55.31 per share price.On Aug 3, 2016, Jerry E Ryan (director) sold 6,202 shares at $55.42 per share price, according to the Form-4 filing with the securities and exchange commission.

EMCOR Group Inc. (EMCOR) is an electrical and mechanical construction and facilities services firm in the United States. The Company provides a number of building services and industrial services. Its services are provided to a range of commercial industrial utility and institutional customers through approximately 70 operating subsidiaries and joint venture entities. It specializes in providing construction services relating to electrical and mechanical systems in all types of non-residential and certain residential facilities and in providing various services relating to the operation maintenance and management of facilities including refineries and petrochemical plants. The Company operates in segments: 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Emcor Group Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Emcor Group Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.