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 Video: What is a Stock Split?
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| EMCOR Group is a specialty contractor in the U.S. and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Co. provides construction services and building services directly to corporations, municipalities and federal and state governmental entities, owners/developers, and tenants of buildings. Co. also provides its construction services indirectly by acting as a subcontractor to general contractors, systems suppliers, construction managers, developers, property managers, and other subcontractors. Co.'s industrial services are generally provided directly to refineries and petrochemical plants. According to our EME split history records, EMCOR Group has had 3 splits. | |
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EMCOR Group (EME) has 3 splits in our EME split history database. The first split for EME took place on February 02, 2006. EME's second split took place on February 13, 2006. This was a 2 for 1 split, meaning for each share of EME owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. EME's third split took place on July 10, 2007. This was a 2 for 1 split, meaning for each share of EME owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as EMCOR Group splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the EME split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into EMCOR Group shares, starting with a $10,000 purchase of EME, presented on a split-history-adjusted basis factoring in the complete EME split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
04/23/2024 |
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| Start price/share: |
$45.28 |
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| End price/share: |
$338.08 |
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| Starting shares: |
220.85 |
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| Ending shares: |
232.10 |
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| Dividends reinvested/share: |
$4.26 |
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| Total return: |
684.70% |
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| Average Annual Total Return: |
22.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$78,470.00 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/25/2014 |
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| End date: |
04/23/2024 |
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| Start price/share: |
$45.28 |
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| End price/share: |
$338.08 |
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| Dividends collected/share: |
$4.26 |
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| Total return: |
656.05% |
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| Average Annual Total Return: |
22.41% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$75,580.47 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 02/02/2006 | 1 for 1 | | 02/13/2006 | 2 for 1 | | 07/10/2007 | 2 for 1 |
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