Empresa Distribuidora y Comercializadora Norte Sociedad Anónima, a public service company, engages in the distribution and sale of electricity in Argentina. It serves approximately 8.5 million people in the northwestern part of the greater Buenos Aires metropolitan area and the northern part of the City of Buenos Aires through the concession of 4,637 square kilometers. The company was formerly known as Empresa Distribuidora Norte Sociedad Anónima and changed its name to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima in June 1996. The company was founded in 1992 and is based in Buenos Aires, Argentina. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is a subsidiary of Electricidad Argentina S.A.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryN/A
SectorUtilities
Phone54-11-4346-5510
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.47 billion
Profitability
Miscellaneous
Employees4,789
OptionableNot Optionable
Empresa Distribuidora y Cmrz Nrt (NYSE:EDN) Frequently Asked Questions
What is Empresa Distribuidora y Cmrz Nrt's stock symbol?
Empresa Distribuidora y Cmrz Nrt trades on the New York Stock Exchange (NYSE) under the ticker symbol "EDN."
When is Empresa Distribuidora y Cmrz Nrt's next earnings date?
What price target have analysts set for EDN?
1 Wall Street analysts have issued 12 month price targets for Empresa Distribuidora y Cmrz Nrt's shares. Their forecasts range from $26.50 to $26.50. On average, they anticipate Empresa Distribuidora y Cmrz Nrt's stock price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 8.6%. View Analyst Price Targets for Empresa Distribuidora y Cmrz Nrt.
What is the consensus analysts' recommendation for Empresa Distribuidora y Cmrz Nrt?
Has Empresa Distribuidora y Cmrz Nrt been receiving favorable news coverage?
News articles about EDN stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Empresa Distribuidora y Cmrz Nrt earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of Empresa Distribuidora y Cmrz Nrt's key competitors?
Some companies that are related to Empresa Distribuidora y Cmrz Nrt include Brookfield Renewable Partners (BEP), Enel Chile (ENIC), IDACORP (IDA), CEMIG (CIG), Enel Generacion Chile (EOCC), Portland General Electric (POR), Black Hills (BKH), Hawaiian Electric Industries (HE), PNM Resources (PNM), Ormat Technologies (ORA), Pampa Energia (PAM), CENTRAIS ELETRI/S (EBR.B), Clearway Energy (CWEN), TerraForm Power (TERP) and Companhia Paranaense de Energia (ELP).
Who are Empresa Distribuidora y Cmrz Nrt's key executives?
Empresa Distribuidora y Cmrz Nrt's management team includes the folowing people:
- Mr. Ricardo Alejandro Torres, Chairman & CEO (Age 61)
- Mr. Leandro Carlos Montero, Chief Financial Officer (Age 43)
- Mr. Eduardo Maggi, Director of Operations (Age 64)
- Mr. Victor Augusto Ruiz, Principal Accounting Officer (Age 60)
- Mr. Daniel Eduardo Flaks, Technical Director (Age 55)
Who are Empresa Distribuidora y Cmrz Nrt's major shareholders?
Empresa Distribuidora y Cmrz Nrt's stock is owned by a number of of retail and institutional investors. Top institutional investors include Newfoundland Capital Management (4.03%), BlackRock Inc. (0.29%), Millennium Management LLC (0.15%), Eaton Vance Management (0.04%), Legal & General Group Plc (0.04%) and Mirae Asset Global Investments Co. Ltd. (0.03%).
Which major investors are selling Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was sold by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Mirae Asset Global Investments Co. Ltd., BlackRock Inc. and Millennium Management LLC.
Which major investors are buying Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was acquired by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Northern Trust Corp and Eaton Vance Management.
How do I buy shares of Empresa Distribuidora y Cmrz Nrt?
Shares of EDN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Empresa Distribuidora y Cmrz Nrt's stock price today?
One share of EDN stock can currently be purchased for approximately $29.00.
How big of a company is Empresa Distribuidora y Cmrz Nrt?
Empresa Distribuidora y Cmrz Nrt has a market capitalization of $1.31 billion and generates $1.47 billion in revenue each year. The utilities provider earns $41.20 million in net income (profit) each year or ($1.00) on an earnings per share basis. Empresa Distribuidora y Cmrz Nrt employs 4,789 workers across the globe.
What is Empresa Distribuidora y Cmrz Nrt's official website?
How can I contact Empresa Distribuidora y Cmrz Nrt?
Empresa Distribuidora y Cmrz Nrt's mailing address is AV. DEL LIBERTADOR 6363, BUENOS AIRES C1, C1428ARG. The utilities provider can be reached via phone at 54-11-4346-5510 or via email at [email protected]
MarketBeat Community Rating for Empresa Distribuidora y Cmrz Nrt (NYSE EDN)
MarketBeat's community ratings are surveys of what our community members think about Empresa Distribuidora y Cmrz Nrt and other stocks. Vote "Outperform" if you believe EDN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EDN will underperform the S&P 500 over the long term. You may vote once every thirty days.
