Empire District Electric Co Company Profile (NYSE:EDE)

About Empire District Electric Co

Empire District Electric Co 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: $34.09
  • 50 Day Moving Average: $34.22
  • 200 Day Moving Average: $34.02
  • 52-Week Range: $26.20 - $34.49
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.91
  • P/E Growth: 4.61
  • Market Cap: $N/A
  • Beta: 0.11
Profitability:
  • Net Margins: 10.78%
  • Return on Equity: 8.13%
  • Return on Assets: 2.68%
Debt:
  • Debt-to-Equity Ratio: 1.00%
  • Current Ratio: 1.27%
  • Quick Ratio: 0.86%
Additional Links:
Companies Related to Empire District Electric Co:

Analyst Ratings

Consensus Ratings for Empire District Electric Co (NYSE:EDE) (?)
Ratings Breakdown: 3 Sell Ratings, 7 Hold Ratings
Consensus Rating:Hold (Score: 1.70)
Consensus Price Target: $22.00 (35.46% downside)

Analysts' Ratings History for Empire District Electric Co (NYSE:EDE)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016RBC Capital MarketsDowngradeSector Perform -> Underperform$18.00 -> $16.00View Rating Details
12/7/2016TD SecuritiesReiterated RatingReduce$18.00View Rating Details
12/5/2016Scotia Howard WeillReiterated RatingSector Perform$21.00View Rating Details
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
9/14/2016ScotiabankReiterated RatingSector Perform$23.00View Rating Details
6/23/2016Raymond James Financial, Inc.Reiterated RatingMarket Perform$26.00 -> $24.00View Rating Details
4/29/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> 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 GroupDowngradeNeutral -> Underperform$28.00 -> $24.00View Rating Details
12/11/2015CIBCReiterated RatingSector Perform$28.00 -> $27.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Empire District Electric Co (NYSE:EDE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/2/2017        
10/27/2016Q3$0.63$0.63$169.71 millionViewN/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 Co (NYSE:EDE)
Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $1.63 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.30$0.30$0.30
Q3 20161$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Empire District Electric Co (NYSE:EDE)
Annual Dividend:$1.04
Dividend Yield:3.05%
Dividend Growth:1.10% (3 Year Average)
Payout Ratio:75.36% (Based on Trailing 12 Months of Earnings)
70.27% (Based on Current Year Consensus EPS Estimate)
63.80% (Based on Next Year Consensus EPS Estimate)

Dividend History for Empire District Electric Co (NYSE:EDE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/28/2016quarterly$0.263.04%11/29/201612/1/201612/15/2016
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 Co (NYSE:EDE)
Insider Ownership Percentage: 0.67%
Institutional Ownership Percentage: 65.86%
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 Co (NYSE:EDE)
DateHeadline
News IconEmpire, parent make $1.5 million donation for weatherization assistance programs (NYSE:EDE)
www.joplinglobe.com - February 16 at 3:52 PM
News IconSwain Named President Empire District-Liberty Utilities Central (NYSE:EDE)
www.sekvoice.com - February 9 at 5:27 PM
News IconEmpire District Electric Co. Outlook Revised To Stable On Completed Acquisition By Algonquin Power & Utilities (NYSE:EDE)
www.thaipr.net - February 6 at 9:57 PM
News IconUtility donates building to Downtown Joplin Alliance; multiple uses planned (NYSE:EDE)
www.joplinglobe.com - February 4 at 3:18 AM
News IconSteering Attention Towards Earnings; Analysts Weigh in on Empire District Electric Company (The) (NYSE:EDE) Stock - Aiken Advocate (NYSE:EDE)
aikenadvocate.com - January 31 at 5:32 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Empire District Electric Company (The) (NYSE:EDE)? - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 31 at 5:32 PM
gurufocus.com logoMario Gabelli Comments on The Empire District Electric Company - GuruFocus.com (NYSE:EDE)
www.gurufocus.com - January 31 at 5:32 PM
finance.yahoo.com logoMario Gabelli Comments on The Empire District Electric Company (NYSE:EDE)
finance.yahoo.com - January 31 at 5:32 PM
News IconAre Analysts Predicting a Near-Term Upswing For Empire District Electric Company (The) (NYSE:EDE)? - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 27 at 11:35 PM
News IconConsensus Estimates on Earnings & Stock Price in Focus for Empire District Electric Company (The) (NYSE:EDE) Shares - Aiken Advocate (NYSE:EDE)
aikenadvocate.com - January 25 at 3:35 AM
News IconEarnings in Full Force, Analysts Take Aim at Empire District Electric Company (The) (NYSE:EDE) - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 25 at 3:35 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on Empire District ... - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 22 at 9:48 PM
News IconSchooner Investment Group. Cuts Position in General Electric Company (GE) (NYSE:EDE)
prensariotiretail.com - January 19 at 3:19 AM
News IconWill The Needle Move For Empire District Electric Company (The) (NYSE:EDE) Shares This Earnings Season? - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 17 at 8:07 AM
News IconWhat are Brokerage Firms Saying About Empire District Electric ... - Aiken Advocate (NYSE:EDE)
aikenadvocate.com - January 16 at 9:54 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Empire District Electric Company (The) (NYSE:EDE) - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - January 14 at 4:06 AM
streetinsider.com logoForm 15-12B EMPIRE DISTRICT ELECTRIC (NYSE:EDE)
www.streetinsider.com - January 13 at 5:39 PM
fool.com logoAlgonquin Power Completes Transformative Purchase of Empire District - Motley Fool (NYSE:EDE)
www.fool.com - January 10 at 5:50 PM
News IconShould You Sell Empire District Electric Company (The) Based On ... - NewsDen (NYSE:EDE)
newsden.net - January 8 at 3:49 AM
News IconLiberty Utilities acquires Empire District Electric Company (NYSE:EDE)
ijglobal.com - January 6 at 5:26 PM
biz.yahoo.com logoEMPIRE DISTRICT ELECTRIC CO Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisti (NYSE:EDE)
biz.yahoo.com - January 5 at 5:41 PM
News IconAcquisition and merger of Empire District Electric Company complete (NYSE:EDE)
www.fourstateshomepage.com - January 3 at 12:23 PM
News IconMerger of Empire District Electric Company Complete (NYSE:EDE)
www.ozarksfirst.com - January 3 at 12:23 PM
publicnow.com logoThe Empire District Electric Company Sets Payment Date and Amount of Special Pro-Rated Dividend (NYSE:EDE)
www.publicnow.com - January 1 at 4:47 PM
News IconROIC Focus on Shares of The Empire District Electric Company (NYSE:EDE) - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - December 31 at 3:19 AM
News IconThe Empire District Electric Company (NYSE:EDE)
www.scrapmonster.com - December 30 at 5:16 PM
News IconEmpire merger with Liberty receives approval (NYSE:EDE)
bolivarmonews.com - December 29 at 8:47 PM
News IconFollowing the Numbers for The Empire District Electric Company (NYSE:EDE) - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - December 29 at 2:56 AM
News IconDowntown Joplin Alliance to create 'four-season' market on Fourth Street (NYSE:EDE)
www.joplinglobe.com - December 27 at 5:03 PM
News IconCompany Shares in Review: The Empire District Electric Company ... - Wall Street Beacon (NYSE:EDE)
wsbeacon.com - December 26 at 11:24 AM
News IconEmpire strikes back (NYSE:EDE)
www.miamiok.com - December 25 at 11:18 AM
4-traders.com logoEmpire District Electric : seeks to raise rates for electric customers in northeastern corner of state (NYSE:EDE)
www.4-traders.com - December 23 at 5:09 PM
News IconWith rate case complete, Empire files for hike in Oklahoma (NYSE:EDE)
www.joplinglobe.com - December 23 at 3:07 AM
businesswire.com logoThe Empire District Electric Company Declares Pro-Rated Dividend - Business Wire (press release) (NYSE:EDE)
www.businesswire.com - December 22 at 10:05 PM
publicnow.com logoThe Empire District Electric Company Declares Pro-Rated Dividend (NYSE:EDE)
www.publicnow.com - December 22 at 10:05 PM
News IconAlgonquin Power & Utilities Corp. and The Empire District Electric Company Announce Kansas Corporation Commission Authorizati... (NYSE:EDE)
ih.advfn.com - December 22 at 5:04 PM
reuters.com logoBRIEF-Algonquin Power,Empire District announce Kansas Corporation Commission authorization of merger transaction (NYSE:EDE)
www.reuters.com - December 22 at 5:04 PM
streetinsider.com logoAlgonquin Power (AQN) and Empire District Electric (EDE) Announce KCC Authorization of Merger Transaction (NYSE:EDE)
www.streetinsider.com - December 22 at 5:04 PM
News IconMerger of The Empire District Electric Co. gets final OK (NYSE:EDE)
www.ky3.com - December 22 at 5:04 PM
us.rd.yahoo.com logo2:19 pm Empire District Elec and Algonquin Power & Utilities (AQN (NYSE:EDE)
us.rd.yahoo.com - December 22 at 5:04 PM
News IconEmpire files for change in Oklahoma rates (NYSE:EDE)
www.miamiok.com - December 21 at 10:42 PM
News IconInvestor Watch: Narrowing in on The Empire District Electric Company (NYSE:EDE) - Business Daily Leader (NYSE:EDE)
businessdailyleader.com - December 21 at 9:34 AM
capitalcube.com logoETFs with exposure to Empire District Electric Co. : December 16, 2016 (NYSE:EDE)
www.capitalcube.com - December 16 at 5:24 PM
News IconIs Empire District Electric Co (EDE) A Good Stock To Buy? (NYSE:EDE)
feedproxy.google.com - December 15 at 9:13 PM
News IconInvestor Chatter: Looking at Shares of The Empire District Electric Company (NYSE:EDE) - Business Daily Leader (NYSE:EDE)
businessdailyleader.com - December 14 at 5:56 PM
capitalcube.com logoEmpire District Electric Co. breached its 50 day moving average in a Bullish Manner : EDE-US : December 12, 2016 (NYSE:EDE)
www.capitalcube.com - December 12 at 11:58 AM
News IconJefferson students carol as Empire puts on book fair for their benefit (NYSE:EDE)
www.joplinglobe.com - December 8 at 10:34 PM
News IconInvestor Technical Review for Empire District Electric Co. (EDE) - StockTalk Daily (NYSE:EDE)
stocktalkdaily.com - December 8 at 9:39 AM
News IconEquity Focus: Looking at Shares of The Empire District Electric Company (NYSE:EDE) - Marion Business Daily (NYSE:EDE)
marionbusinessdaily.com - December 8 at 9:39 AM
News IconStock Momentum in Focus on Shares of Empire District Electric Co. (EDE) - StockTalk Daily (NYSE:EDE)
stocktalkdaily.com - December 3 at 8:54 AM

Social

What is Empire District Electric Co's stock symbol?

Empire District Electric Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDE."

How often does Empire District Electric Co pay dividends? What is the dividend yield for Empire District Electric Co?

Empire District Electric Co announced a quarterly dividend on Friday, October 28th. Stockholders of record on Thursday, December 1st will be given a dividend of $0.26 per share on Thursday, December 15th. This represents a $1.04 annualized dividend and a dividend yield of 3.05%. The ex-dividend date is Tuesday, November 29th.

Where is Empire District Electric Co's stock going? Where will Empire District Electric Co's stock price be in 2017?

10 brokers have issued 12 month target prices for Empire District Electric Co's stock. Their forecasts range from $16.00 to $34.00. On average, they expect Empire District Electric Co's stock price to reach $22.00 in the next year.

When will Empire District Electric Co announce their earnings?

Empire District Electric Co is scheduled to release their next quarterly earnings announcement on Thursday, February, 2nd 2017.

Who owns Empire District Electric Co stock?

Empire District Electric Co's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (0.00%), Gabelli Funds LLC (0.00%), CNH Partners LLC (0.00%), Renaissance Technologies LLC (0.00%), Dimensional Fund Advisors LP (0.00%) and State Street Corp (0.00%).

Who sold Empire District Electric Co stock? Who is selling Empire District Electric Co stock?

Empire District Electric Co's stock was sold by a variety of institutional investors in the last quarter, including CNH Partners LLC, Dimensional Fund Advisors LP, Guggenheim Capital LLC, Two Sigma Investments LP, State Board of Administration of Florida Retirement System, Metropolitan Life Insurance Co. NY and Symons Capital Management Inc..

Who bought Empire District Electric Co stock? Who is buying Empire District Electric Co stock?

Empire District Electric Co's stock was acquired by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Renaissance Technologies LLC, ARP Americas LLC, Gamco Investors INC. ET AL, FMR LLC, State Street Corp and Tudor Investment Corp Et Al.

How do I buy Empire District Electric Co stock?

Shares of Empire District Electric Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Empire District Electric Co stock cost?

One share of Empire District Electric Co stock can currently be purchased for approximately $34.09.

Empire District Electric Co (NYSE:EDE) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Empire District Electric Co (NYSE:EDE)

Earnings History Chart

Earnings by Quarter for Empire District Electric Co (NYSE:EDE)

Dividend History Chart

Dividend Payments by Quarter for Empire District Electric Co (NYSE:EDE)

Last Updated on 2/22/2017 by MarketBeat.com Staff