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
Stock Exchange NYSE
Industry Electric services
Sub-IndustryN/A
SectorUtilities
SymbolNYSE:EDN
CUSIPN/A
Phone54-11-4346-5510
Debt
Debt-to-Equity Ratio4.54
Current Ratio0.92
Quick Ratio0.89
Price-To-Earnings
Trailing P/E Ratio-28.50
Forward P/E Ratio5.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales0.87
Cash FlowN/A
Price / CashN/A
Book Value$1.43 per share
Price / Book19.93
Profitability
EPS (Most Recent Fiscal Year)($1.00)
Net Income$41.20 million
Net Margins5.16%
Return on Equity118.79%
Return on Assets6.19%
Miscellaneous
Employees4,692
Outstanding Shares44,850,000
Market Cap$1.35 billion
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 target prices for Empresa Distribuidora y Cmrz Nrt's stock. Their predictions range from $26.50 to $26.50. On average, they expect Empresa Distribuidora y Cmrz Nrt's share price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Empresa Distribuidora y Cmrz Nrt.
What is the consensus analysts' recommendation for Empresa Distribuidora y Cmrz Nrt?
Who are some of Empresa Distribuidora y Cmrz Nrt's key competitors?
Some companies that are related to Empresa Distribuidora y Cmrz Nrt include Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), NRG Yield Inc Class C (NYLD), Black Hills (BKH), PNM Resources (PNM), Ormat Technologies (ORA), Pampa Energia (PAM), El Paso Electric (EE), Nextera Energy Partners (NEP), Atlantica Yield (AY), Otter Tail (OTTR) and Dynegy (DYN).
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 60)
- Mr. Leandro Carlos Montero, Chief Financial Officer (Age 42)
- Mr. Eduardo Maggi, Director of Operations (Age 63)
- Mr. Victor Augusto Ruiz, Principal Accounting Officer (Age 59)
- Mr. Daniel Eduardo Flaks, Technical Director (Age 54)
Has Empresa Distribuidora y Cmrz Nrt been receiving favorable news coverage?
News articles about EDN stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Empresa Distribuidora y Cmrz Nrt earned a news and rumor sentiment score of 0.11 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 46.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Empresa Distribuidora y Cmrz Nrt.
Who are Empresa Distribuidora y Cmrz Nrt's major shareholders?
Empresa Distribuidora y Cmrz Nrt's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Newfoundland Capital Management (2.89%), PointState Capital LP (1.36%), Wells Fargo & Company MN (1.07%), Dorsey Wright & Associates (1.00%), Columbus Hill Capital Management L.P. (1.00%) and BlackRock Inc. (0.30%).
Which institutional investors are selling Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was sold by a variety of institutional investors in the last quarter, including Columbus Hill Capital Management L.P., PointState Capital LP, Wells Fargo & Company MN, Global X Management Co LLC and BB&T Securities LLC.
Which institutional investors are buying Empresa Distribuidora y Cmrz Nrt stock?
EDN stock was purchased by a variety of institutional investors in the last quarter, including Newfoundland Capital Management, Millennium Management LLC, Dorsey Wright & Associates, BlackRock Inc., CarVal Investors LLC and Atria Investments LLC.
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 $28.50.
How big of a company is Empresa Distribuidora y Cmrz Nrt?
Empresa Distribuidora y Cmrz Nrt has a market capitalization of $1.35 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 4,692 workers across the globe.
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.
