Empire District Electric Company Profile (NYSE:EDE)

About Empire District Electric

Empire District Electric logoThe Empire District Electric Company is a regulated utility company. The Company is engaged in the generation, purchase, transmission, distribution and sale of electricity. It provides services with in Missouri, Kansas, Oklahoma and Arkansas. The Company operates its businesses in three segments: electric, gas and other. As part of its electric segment, the Company provides water service to over three towns in Missouri. The Company through its subsidiary, The Empire District Gas Company (EDG), is engaged in the distribution of natural gas in Missouri. The Company's other segment consists of fiber optics business. It supplies electric service at retail to approximately 120 incorporated communities and to various unincorporated areas, and at wholesale to over four municipally owned distribution systems. Its gas operations serve customers in northwest, north central and west central Missouri. It serves a group of customers, including residential, commercial and industrial customers.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Exchange: NYSE
  • Symbol: EDE
  • CUSIP: 29164110
Key Metrics:
  • Previous Close: $34.14
  • 50 Day Moving Average: $33.97
  • 200 Day Moving Average: $33.68
  • 52-Week Range: $21.40 - $34.27
  • Trailing P/E Ratio: 25.69
  • Foreward P/E Ratio: 21.88
  • P/E Growth: 4.64
  • Market Cap: $1.50B
  • Outstanding Shares: 44,038,000
  • Beta: 0.2
Profitability:
  • Net Margins: 11.47%
  • Return on Equity: 7.90%
  • Return on Assets: 2.59%
Debt:
  • Debt-to-Equity Ratio: 1.03%
  • Current Ratio: 1.10%
  • Quick Ratio: 0.72%
Additional Links:
Companies Related to Empire District Electric:

Analyst Ratings

Consensus Ratings for Empire District Electric (NYSE:EDE) (?)
Ratings Breakdown: 2 Sell Ratings, 9 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.92)
Consensus Price Target: $24.15 (29.25% downside)

Analysts' Ratings History for Empire District Electric (NYSE:EDE)
Show:
DateFirmActionRatingPrice TargetDetails
9/23/2016Dundee SecuritiesReiterated RatingNeutral$20.00View Rating Details
9/19/2016BMO Capital MarketsReiterated RatingMarket Perform$21.00View Rating Details
9/19/2016Barclays PLCReiterated RatingUnderweight$19.00 -> $18.00View Rating Details
9/16/2016RBC Capital MarketsReiterated RatingSector Perform$22.00View Rating Details
9/15/2016TD SecuritiesReiterated RatingHold$20.00View Rating Details
9/14/2016ScotiabankReiterated RatingSector Perform$23.00View Rating Details
6/23/2016Raymond James Financial Inc.Reiterated RatingMarket Perform$26.00 -> $24.00View Rating Details
4/29/2016Ladenburg ThalmannDowngradeBuy -> NeutralView Rating Details
3/14/2016National Bank FinancialReiterated RatingSector Perform$31.00 -> $25.00View Rating Details
2/22/2016KeyCorpDowngradeOverweight -> Sector Weight$34.00View Rating Details
12/13/2015Credit Suisse Group AGDowngradeNeutral -> Underperform$28.00 -> $24.00View Rating Details
12/11/2015CIBCReiterated RatingSector Perform$28.00 -> $27.00View Rating Details
12/11/2015Scotia Howard WeillReiterated RatingOutperform$31.50View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Empire District Electric (NYSE:EDE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q2$0.23$0.27ViewN/AView Earnings Details
4/28/2016Q116$0.30$0.38ViewN/AView Earnings Details
2/4/2016Q415$0.28$0.23$170.94 millionViewN/AView Earnings Details
10/29/2015Q315$0.59$0.58$161.57 millionViewListenView Earnings Details
7/30/2015Q215$0.24$0.15$151.58 millionViewListenView Earnings Details
4/30/2015Q115$0.34$0.34$173.60 million$142.50 millionViewN/AView Earnings Details
2/5/2015Q414$0.26$0.26$99.90 million$134.10 millionViewN/AView Earnings Details
10/30/2014Q314$0.44$0.55$153.93 million$164.50 millionViewN/AView Earnings Details
7/31/2014Q413$0.27$0.26$137.06 million$140.80 millionViewN/AView Earnings Details
5/1/2014$0.41$0.48ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Empire District Electric (NYSE:EDE)
Current Year EPS Consensus Estimate: $1.47 EPS
Next Year EPS Consensus Estimate: $1.56 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Empire District Electric (NYSE:EDE)
Annual Dividend:$1.04
Dividend Yield:3.05%
Dividend Growth:1.30% (3 Year Average)
Payout Ratio:77.61% (Based on Trailing 12 Months of Earnings)
70.75% (Based on Current Year Consensus EPS Estimate)
66.67% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Empire District Electric (NYSE:EDE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/1/2016quarterly$0.263.1%8/30/20169/1/20169/15/2016
4/29/2016quarterly$0.263.09%5/27/20166/1/20166/15/2016
2/5/2016quarterly$0.263.62%2/26/20163/1/20163/15/2016
10/30/2015quarterly$0.264.61%11/27/201512/1/201512/15/2015
7/31/2015quarterly$0.264.52%8/28/20159/1/20159/15/2015
5/1/2015quarterly$0.264.42%5/28/20156/1/20156/15/2015
2/6/2015quarterly$0.263.75%2/26/20153/2/20153/16/2015
10/30/2014quarterly$0.263.66%11/26/201412/1/201412/15/2014
8/1/2014quarterly$0.264.12%8/28/20149/2/20149/15/2014
5/1/2014quarterly$0.264.3%5/29/20146/2/20146/16/2014
2/6/2014quarterly$0.264.45%2/27/20143/3/20143/17/2014
11/1/2013quarterly$0.264.54%11/27/201312/2/201312/16/2013
7/25/2013quarterly$0.254.22%8/29/20139/3/20139/16/2013
4/25/2013quarterly$0.254.39%5/30/20136/3/20136/17/2013
2/7/2013quarterly$0.254.67%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Empire District Electric (NYSE:EDE)
Insider Ownership Percentage: 0.67%
Institutional Ownership Percentage: 64.00%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/26/2015William L GipsonDirectorSell2,698$25.84$69,716.32View SEC Filing  
6/11/2014William L GipsonDirectorSell1,558$24.17$37,656.86View SEC Filing  
3/11/2014Bonnie Cruickshank LindDirectorBuy2,000$23.50$47,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Empire District Electric (NYSE:EDE)
DateHeadline
News IconEmpire announces retirement of Vicki Williams (NYSE:EDE)
www.sekvoice.com - September 30 at 5:07 PM
News IconEmpire announces retirement of Vicki Williams - Wellington Daily News (NYSE:EDE)
www.wellingtondailynews.com - September 29 at 4:43 PM
News IconEmpire announces retirement of Vicki Williams - Leavenworth Times (NYSE:EDE)
www.leavenworthtimes.com - September 29 at 9:47 AM
News IconCurrent Price Targets For Empire District Electric Company (The) (NYSE:EDE) - NewsDen (NYSE:EDE)
newsden.net - September 28 at 4:38 PM
News IconEmpire announces retirement of Vicki Williams - Sek Voice.com (NYSE:EDE)
www.sekvoice.com - September 28 at 4:38 PM
4-traders.com logoEmpire District Electric : Fairland School Board assess lightning damages (NYSE:EDE)
www.4-traders.com - September 27 at 4:47 PM
mysmartrend.com logoUptrend Call Working As Empire District Electric Stock Rises 37.4% (EDE) (NYSE:EDE)
www.mysmartrend.com - September 27 at 4:47 PM
News IconAnalysts Take: Empire District Electric Company (The) (NYSE:EDE) Projected Earnings & Price Targets - Frisco Fastball (NYSE:EDE)
friscofastball.com - September 26 at 4:54 PM
News IconPower Restored to Empire Electric Customers in North Branson (NYSE:EDE)
www.hometowndailynews.com - September 23 at 4:33 PM
publicnow.com logo09-23-16 - Call Before You Dig - Gas (NYSE:EDE)
www.publicnow.com - September 23 at 4:33 PM
News IconEmpire District Electric Upgraded at Ladenburg Thalmann (EDE) - Petro Global News 24 (NYSE:EDE)
petroglobalnews24.com - September 23 at 9:47 AM
News IconStock Update: Estimates & Target in Focus for Empire District Electric Company (The) (NYSE:EDE) - Frisco Fastball (NYSE:EDE)
friscofastball.com - September 23 at 9:47 AM
publicnow.com logo09-21-16 - EVOLVe Initiative Ozark Charging Station (NYSE:EDE)
www.publicnow.com - September 21 at 5:18 PM
News IconElectric car charging stations come to Ozark (NYSE:EDE)
www.ky3.com - September 21 at 9:03 AM
News IconShares Have Ticked Up Over the Last Five Trading Sessions: The Empire District Electric Company (NYSE:EDE) - Post News (NYSE:EDE)
www.kentuckypostnews.com - September 20 at 8:30 AM
News IconShares With Gains Over the Past Half Year: The Empire District Electric Company (NYSE:EDE) - Post News (NYSE:EDE)
www.kentuckypostnews.com - September 19 at 9:26 AM
businesswire.com logoThe Empire District Electric Company Files for New Kansas Electric Rates - Business Wire (press release) (NYSE:EDE)
www.businesswire.com - September 17 at 4:38 PM
mysmartrend.com logoEmpire District Electric Up 37.3% Since SmarTrend Uptrend Call (EDE) (NYSE:EDE)
www.mysmartrend.com - September 17 at 9:27 AM
publicnow.com logoThe Empire District Electric Company Files for New Kansas Electric Rates (NYSE:EDE)
www.publicnow.com - September 17 at 9:27 AM
feeds.reuters.com logoBRIEF-Empire District Electric files for new Kansas electric rates (NYSE:EDE)
feeds.reuters.com - September 16 at 6:49 PM
News IconEmpire District Electric Co. (NYSE: EDE) Sector Perform Rating Reiterated at Scotiabank - BNB Daily (blog) (NYSE:EDE)
www.baseball-news-blog.com - September 16 at 8:29 AM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Empire District Electric Company (The) (NYSE:EDE) Shares - Frisco Fastball (NYSE:EDE)
friscofastball.com - September 14 at 9:57 PM
News IconEmpire Electric/Liberty merger is approved (NYSE:EDE)
buffaloreflex.com - September 14 at 4:50 PM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Empire District Electric Company (The) (NYSE:EDE) Stock - Frisco Fastball (NYSE:EDE)
friscofastball.com - September 14 at 8:55 AM
News IconEmpire District Electric Co. (NYSE: EDE) Sector Perform Rating Reiterated at RBC Capital Markets - BNB Daily (blog) (NYSE:EDE)
www.baseball-news-blog.com - September 12 at 9:39 AM
News IconEmpire District Electric Company (The) (NYSE:EDE) From The Analysts Point of View - National Daily Press (NYSE:EDE)
www.nationaldailypress.com - September 10 at 9:22 AM
News IconAlgonquin Power & Utilities Corp. & The Empire District Electric Company Announce Missouri Public Service Commission Authoriz... (NYSE:EDE)
www.advfn.com - September 9 at 9:35 AM
finance.yahoo.com logoAlgonquin Power & Utilities Corp. and The Empire District Electric Company Announce Missouri Public Service … (NYSE:EDE)
finance.yahoo.com - September 9 at 9:35 AM
benzinga.com logoAlgonquin Power & Utilities Corp. and The... (NYSE:EDE)
www.benzinga.com - September 9 at 9:35 AM
4-traders.com logoEmpire District Electric : Missouri PSC approves Empire merger (NYSE:EDE)
www.4-traders.com - September 9 at 9:35 AM
mysmartrend.com logoEmpire District Electric Up 37.2% Since SmarTrend Uptrend Call (EDE) (NYSE:EDE)
www.mysmartrend.com - September 9 at 9:35 AM
businesswire.com logoAlgonquin Power & Utilities Corp. and The Empire District Electric Company Announce Missouri Public Service Commission Authorization of Merger Transaction; Motion to Amend ... (NYSE:EDE)
www.businesswire.com - September 9 at 9:35 AM
News IconMissouri regulators approve Empire merger; deal expected to close in first quarter of 2017 (NYSE:EDE)
www.joplinglobe.com - September 8 at 4:41 PM
News IconEmpire Electric Unveils New Branson Vehicle Charging Station (NYSE:EDE)
www.hometowndailynews.com - September 7 at 8:03 AM
News IconStock in Review: Taking a Closer Look at Empire District Electric Company (The) (NYSE:EDE) Shares - Post News (NYSE:EDE)
www.kentuckypostnews.com - September 2 at 4:41 PM
kcregister.com logoTrending Tickers: PCM, Inc. (NASDAQ:PCMI), The Empire District Electric Company (NYSE:EDE), Friedman Industries ... - KC Register (NYSE:EDE)
www.kcregister.com - August 30 at 12:22 PM
investornewswire.com logoCan Shares Of Empire District Electric Company (The) (NYSE:EDE) Get To $34? - Investor Newswire (NYSE:EDE)
www.investornewswire.com - August 29 at 3:47 PM
nasdaq.com logoEmpire District Electric Company (EDE) Ex-Dividend Date Scheduled for August 30, 2016 - Nasdaq (NYSE:EDE)
www.nasdaq.com - August 29 at 3:47 PM
4-traders.com logoEmpire District Electric : With all parties satisfied, PSC cancels hearings on Empire merger (NYSE:EDE)
www.4-traders.com - August 27 at 8:57 AM
mysmartrend.com logo36.8% Return Seen to Date on SmarTrend Empire District Electric Call (EDE) (NYSE:EDE)
www.mysmartrend.com - August 25 at 9:42 AM
investornewswire.com logoEmpire District Electric Company (The) (NYSE:EDE) Gets 0 Recommendations To Sell - Investor Newswire (NYSE:EDE)
www.investornewswire.com - August 23 at 9:00 AM
News IconStock Gaining Over the Past Six Months: The Empire District Electric Company (NYSE:EDE) - Post News (NYSE:EDE)
www.kentuckypostnews.com - August 22 at 9:24 AM
News IconShare Valuation Review for The Empire District Electric Company (NYSE:EDE) - Post News (NYSE:EDE)
www.kentuckypostnews.com - August 20 at 8:12 AM
News IconPSC approves agreement reached in Empire District Electric rate case (NYSE:EDE)
buffaloreflex.com - August 18 at 7:26 AM
mysmartrend.com logoEmpire District Electric Shares Up 36.6% Since SmarTrend's Buy Recommendation (EDE) (NYSE:EDE)
www.mysmartrend.com - August 17 at 4:57 PM
finance.yahoo.com logoEMPIRE DISTRICT ELECTRIC CO Financials (NYSE:EDE)
finance.yahoo.com - August 16 at 4:48 PM
investornewswire.com logoWill Empire District Electric Company (The) (NYSE:EDE) Hit $34 Price Target? - Investor Newswire (NYSE:EDE)
www.investornewswire.com - August 15 at 10:14 PM
News IconPSC approves Empire rates; increase begins Sept. 14 (NYSE:EDE)
www.joplinglobe.com - August 13 at 7:52 AM
News IconPSC approves Empire rate case agreement (NYSE:EDE)
themissouritimes.com - August 12 at 4:46 PM
News IconPSC approves Empire rate case agreement (NYSE:EDE)
themissouritimes.com - August 12 at 4:46 PM

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Empire District Electric (NYSE:EDE) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff