About El Paso Electric Company
El Paso Electric Company is engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. The Company owns or has ownership interests in several electrical generating facilities providing it with a generating capability of over 2,055 Megawatts. The Company's energy sources consists of approximately 47% nuclear fuel, 34% natural gas, 6% coal, 13% purchased power and 1% generated by Company-owned solar photovoltaic panels and wind turbines. The Company has power purchase agreements for over 107 Megawatts from solar photovoltaic generation facilities. The Company serves approximately 404,500 residential, commercial, industrial, public authority and wholesale customers. The Company distributes electricity to retail customers principally in El Paso, Texas and Las Cruces, New Mexico. In addition, its wholesale sales include sales for resale to other electric utilities and power marketers.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Electric Utilities
- Sub-Industry: Electric Utilities
- Exchange: NYSE
- Symbol: EE
- CUSIP: 28367785
- Previous Close: $48.55
- 50 Day Moving Average: $46.26
- 200 Day Moving Average: $45.86
- 52-Week Range: $40,522,000.00 - $39.37
- Trailing P/E Ratio: 20.31
- Foreward P/E Ratio: 17.72
- P/E Growth: 2.98
- Market Cap: $N/A
- Outstanding Shares: 40,522,000
- Beta: 0.42
- Net Margins: 10.48%
- Return on Equity: 8.95%
- Return on Assets: 2.79%
Companies Related to El Paso Electric Company:
- Debt-to-Equity Ratio: 1.11%
- Current Ratio: 0.65%
- Quick Ratio: 0.49%
What is El Paso Electric Company's stock symbol?
El Paso Electric Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "EE."
How often does El Paso Electric Company pay dividends? What is the dividend yield for El Paso Electric Company?
El Paso Electric Company announced a quarterly dividend on Friday, January 27th. Investors of record on Friday, March 17th will be given a dividend of $0.31 per share on Friday, March 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Wednesday, March 15th.
Where is El Paso Electric Company's stock going? Where will El Paso Electric Company's stock price be in 2017?
4 equities research analysts have issued twelve-month price targets for El Paso Electric Company's shares. Their predictions range from $30.42 to $48.50. On average, they expect El Paso Electric Company's share price to reach $42.31 in the next twelve months.
When will El Paso Electric Company announce their earnings?
El Paso Electric Company is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about El Paso Electric Company stock?
Here are some recent quotes from research analysts about El Paso Electric Company stock:
- Jefferies Group LLC analysts commented, "As expected, El Paso Electric filed for new rates in its Texas jurisdiction requesting a $42.5 million increase predicated on a 10.5% ROE, 48.35% equity ratio, and $2.18B rate base. We find it interesting that the utility is requesting a 28% increase for solar/DG customers, who last time delayed the rate proceeding several months, challenging their fixed monthly charge." (2/14/2017)
According to Zacks Investment Research, "El Paso Electric Co is a public utility engaged in the generation, transmission & distribution of electricity in an area of west Texas & southern New Mexico. El Paso also serves wholesale customers in Texas, New Mexico, California & Mexico. El Paso owns or has significant ownership interests in five electrical generating facilities providing it with a total capacity of approximately 1,500 MW. El Paso serves residential, commercial, industrial & wholesale customers. El Paso distributes electricity to retail customers principally in El Paso, Texas & the City of Las Cruces, New Mexico " (1/2/2017)
Who owns El Paso Electric Company stock?
El Paso Electric Company's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FMR LLC (5.17%), Gabelli Funds LLC (4.64%), Gamco Investors INC. ET AL (4.15%), State Street Corp (2.46%), Dimensional Fund Advisors LP (2.38%) and Thompson Siegel & Walmsley LLC (1.34%). Company insiders that own El Paso Electric Company stock include Charles Yamarone and John Robert Brown.
Who sold El Paso Electric Company stock? Who is selling El Paso Electric Company stock?
El Paso Electric Company's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, AQR Capital Management LLC, Gamco Investors INC. ET AL, Century Capital Management LLC, Guggenheim Capital LLC, Gabelli Funds LLC and Two Sigma Investments LP. Company insiders that have sold El Paso Electric Company stock in the last year include Charles Yamarone and John Robert Brown.
Who bought El Paso Electric Company stock? Who is buying El Paso Electric Company stock?
El Paso Electric Company's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, State Street Corp, Blackstart Capital LP, Comerica Bank, Thompson Siegel & Walmsley LLC, Menta Capital LLC and Employees Retirement System of Texas.
How do I buy El Paso Electric Company stock?
Shares of El Paso Electric Company 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 El Paso Electric Company stock cost?
One share of El Paso Electric Company stock can currently be purchased for approximately $48.55.