El Paso Electric Company Company Profile (NYSE:EE)

About El Paso Electric Company

El Paso Electric Company logoEl 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
Key Metrics:
  • 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
Profitability:
  • Net Margins: 10.48%
  • Return on Equity: 8.95%
  • Return on Assets: 2.79%
Debt:
  • Debt-to-Equity Ratio: 1.11%
  • Current Ratio: 0.65%
  • Quick Ratio: 0.49%
Additional Links:
Companies Related to El Paso Electric Company:

Analyst Ratings

Consensus Ratings for El Paso Electric Company (NYSE:EE) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $42.31 (12.86% downside)

Analysts' Ratings History for El Paso Electric Company (NYSE:EE)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017Jefferies Group LLCReiterated RatingHold$48.50View Rating Details
1/11/2017Williams CapitalInitiated CoverageHold$48.00View Rating Details
10/5/2016ArgusReiterated RatingHoldView Rating Details
3/24/2016Bank of America CorpUpgradeNeutral -> Buy$30.42View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for El Paso Electric Company (NYSE:EE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/23/2017Q416$0.07$0.14$188.00 millionViewN/AView Earnings Details
11/2/2016Q316$1.90$1.84$289.71 million$323.23 millionViewN/AView Earnings Details
8/3/2016Q216$0.44$0.55$219.50 million$217.87 millionViewN/AView Earnings Details
5/4/2016Q116($0.07)($0.14)$114.80 million$113.80 millionViewN/AView Earnings Details
2/24/2016Q415$0.02$126.65 million$125.73 millionViewListenView Earnings Details
11/4/2015Q315$1.30$1.40$209.39 millionViewListenView Earnings Details
8/5/2015Q215$0.60$0.52$164.00 million$157.95 millionViewListenView Earnings Details
5/6/2015Q115$0.12$0.09$116.00 million$163.75 millionViewListenView Earnings Details
2/25/2015Q414$0.11$0.10$190.31 million$126.65 millionViewN/AView Earnings Details
11/5/2014Q314$1.31$1.30$299.30 million$195.10 millionViewN/AView Earnings Details
8/6/2014Q214$0.72$0.75$244.80 million$255.21 millionViewN/AView Earnings Details
5/7/2014Q114$0.11$0.11$173.17 million$116.00 millionViewN/AView Earnings Details
2/24/2014Q413$0.12$0.03$125.90 million$122.50 millionViewN/AView Earnings Details
11/6/2013Q313$1.29$1.26$273.76 million$196.00 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.74$0.73$248.10 millionViewListenView Earnings Details
5/1/2013Q1 2013$0.10$0.19$116.59 million$120.01 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.15$0.12$191.74 million$125.91 millionViewListenView Earnings Details
11/1/2012Q312$1.31$1.29$298.26 millionViewN/AView Earnings Details
8/1/2012$0.72$0.77ViewN/AView Earnings Details
5/2/2012$0.12$0.08ViewN/AView Earnings Details
2/22/2012$0.19$0.13ViewN/AView Earnings Details
11/2/2011$1.35$1.40ViewN/AView Earnings Details
8/3/2011$0.63$0.78ViewN/AView Earnings Details
5/3/2011$0.29$0.26ViewN/AView Earnings Details
2/22/2011$0.17$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for El Paso Electric Company (NYSE:EE)
Current Year EPS Consensus Estimate: $2.51 EPS
Next Year EPS Consensus Estimate: $2.74 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.10)($0.10)($0.10)
Q2 20161$0.45$0.45$0.45
Q3 20161$1.90$1.90$1.90
Q4 20162$0.05$0.06$0.06
Q1 20171$0.01$0.01$0.01
Q2 20171$0.73$0.73$0.73
Q3 20171$1.54$1.54$1.54
Q4 20171$0.07$0.07$0.07
Q1 20181$0.07$0.07$0.07
Q2 20181$0.83$0.83$0.83
Q3 20181$1.70$1.70$1.70
Q4 20181$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for El Paso Electric Company (NYSE:EE)
Annual Dividend:$1.24
Dividend Yield:2.55%
Dividend Growth:5.40% (3 Year Average)
Payout Ratio:54.63% (Based on Trailing 12 Months of Earnings)
49.40% (Based on Current Year Consensus EPS Estimate)
45.26% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for El Paso Electric Company (NYSE:EE)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.312.76%3/15/20173/17/20173/31/2017
11/17/2016quarterly$0.312.8%12/12/201612/14/201612/30/2016
7/22/2016quarterly$0.312.58%9/12/20169/14/20169/30/2016
5/26/2016quarterly$0.312.78%6/13/20166/15/20166/30/2016
1/28/2016quarterly$0.302.88%3/11/20163/15/20163/31/2016
12/4/2015quarterly$0.303.16%12/11/201512/15/201512/30/2015
7/23/2015quarterly$0.303.4%9/14/20159/16/20159/30/2015
5/28/2015quarterly$0.303.24%6/12/20156/16/20156/30/2015
1/30/2015quarterly$0.282.8%3/12/20153/16/20153/31/2015
11/21/2014quarterly$0.282.94%12/10/201412/12/201412/30/2014
7/31/2014quarterly$0.283.03%9/11/20149/15/20149/30/2014
5/29/2014quarterly$0.282.97%6/11/20146/13/20146/30/2014
1/23/2014quarterly$0.272.9%3/12/20143/14/20143/31/2014
11/21/2013quarterly$0.273%12/11/201312/13/201312/30/2013
8/7/2013quarterly$0.272.79%9/11/20139/13/20139/30/2013
5/9/2013quarterly$0.272.82%6/11/20136/13/20136/28/2013
1/17/2013quarterly$0.252.99%3/12/20133/14/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for El Paso Electric Company (NYSE:EE)
Insider Ownership Percentage: 1.33%
Institutional Ownership Percentage: 94.96%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/13/2016John Robert BrownDirectorSell10,500$47.74$501,270.00View SEC Filing  
5/11/2016Charles YamaroneDirectorSell5,500$45.16$248,380.00View SEC Filing  
11/13/2014John Robert BrownDirectorSell6,000$38.14$228,840.00View SEC Filing  
8/13/2014Charles YamaroneDirectorSell5,000$36.62$183,100.00View SEC Filing  
8/11/2014James W HarrisDirectorSell2,000$36.66$73,320.00View SEC Filing  
6/27/2014David G CarpenterEVPSell15,000$39.05$585,750.00View SEC Filing  
5/12/2014Hector PuenteEVPSell1,950$37.00$72,150.00View SEC Filing  
5/23/2013James W HarrisDirectorSell2,000$36.30$72,600.00View SEC Filing  
5/6/2013Woody L HuntDirectorBuy3,000$38.39$115,170.00View SEC Filing  
11/19/2012David G CarpenterCFOBuy2,000$30.80$61,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for El Paso Electric Company (NYSE:EE)
DateHeadline
rttnews.com logoEl Paso Electric Co Q4 Earnings Rise 771% (NYSE:EE)
www.rttnews.com - February 24 at 5:39 PM
seekingalpha.com logoEl Paso Electric Company's (EE) CEO Mary Kipp on Q4 2016 Results - Earnings Call Transcript (NYSE:EE)
seekingalpha.com - February 24 at 5:39 PM
biz.yahoo.com logoEL PASO ELECTRIC CO /TX/ Files SEC form 10-K, Annual Report (NYSE:EE)
biz.yahoo.com - February 24 at 5:39 PM
finance.yahoo.com logoEdited Transcript of EE earnings conference call or presentation 23-Feb-17 3:30pm GMT (NYSE:EE)
finance.yahoo.com - February 24 at 11:41 AM
us.rd.yahoo.com logoEl Paso Electric Announces Fourth Quarter and Annual 2016 Financial Results (NYSE:EE)
us.rd.yahoo.com - February 23 at 4:54 PM
us.rd.yahoo.com logo6:55 am El Paso Electric beats by $0.08 (NYSE:EE)
us.rd.yahoo.com - February 23 at 4:54 PM
biz.yahoo.com logoQ4 2016 El Paso Electric Co Earnings Release - Before Market Open (NYSE:EE)
us.rd.yahoo.com - February 23 at 4:54 PM
biz.yahoo.com logoEL PASO ELECTRIC CO /TX/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:EE)
biz.yahoo.com - February 23 at 4:54 PM
finance.yahoo.com logoShould You Sell El Paso Electric (EE) Before Earnings? (NYSE:EE)
finance.yahoo.com - February 22 at 5:10 PM
finance.yahoo.com logoNiSource (NI): Will it Disappoint this Earnings Season? (NYSE:EE)
finance.yahoo.com - February 20 at 4:31 PM
capitalcube.com logoEl Paso Electric Co. breached its 50 day moving average in a Bullish Manner : EE-US : February 17, 2017 (NYSE:EE)
www.capitalcube.com - February 17 at 10:49 AM
News IconGeneral Electric Company (GE) Position Maintained by Brookfield Asset Management Inc (NYSE:EE)
mundoaguaysaneamiento.net - February 16 at 4:01 PM
News IconEl Paso Electric Company (EE) Rating Reiterated by Jefferies Group LLC (NYSE:EE)
fairydetox.org - February 16 at 4:01 PM
seekingalpha.com logoEl Paso Electric (EE) Texas Rate Case Special Call - Slideshow (NYSE:EE)
seekingalpha.com - February 16 at 4:01 PM
marketexclusive.com logoAnalyst Activity – Jefferies Group LLC Reiterates Hold on El Paso Electric Company (NYSE:EE) (NYSE:EE)
marketexclusive.com - February 14 at 10:48 PM
News IconUnusual Volume Spikes For: Emerson Electric Co. (EMR) (NYSE:EE)
techknowbits.com - February 13 at 5:42 PM
finance.yahoo.com logoEl Paso Electric Files 2017 Texas Rate Case (NYSE:EE)
finance.yahoo.com - February 13 at 5:42 PM
News IconJackson Wealth Management adds Portland General Electric Company (POR) by $1714789 (NYSE:EE)
mlbinjurynews.com - February 10 at 3:30 AM
News IconEPS Forecast Revision Trends: General Electric Company (GE) (NYSE:EE)
cote-ivoire.com - February 10 at 3:30 AM
4-traders.com logoEl Paso Electric : to Upgrade Phone System Saturday, Feb. 11 (NYSE:EE)
www.4-traders.com - February 8 at 10:25 PM
capitalcube.com logoEl Paso Electric Co. : EE-US: Dividend Analysis : December 14th, 2016 (record date) : By the numbers : January 31, 2017 (NYSE:EE)
www.capitalcube.com - January 31 at 5:34 PM
News IconBroker Outlook For The Week Ahead El Paso Electric Company (NYSE:EE) (NYSE:EE)
flapship.com - January 25 at 11:11 PM
News IconCBS 58 - El Paso Electric Fourth Quarter Earnings Release Date and Confer (NYSE:EE)
www.cbs58.com - January 23 at 10:16 PM
finance.yahoo.com logoEl Paso Electric Fourth Quarter Earnings Release Date and Conference Call Notification (NYSE:EE)
finance.yahoo.com - January 23 at 10:16 PM
News Icon(NYSE:EMR) topped earnings-per-share estimates 50% of the time (NYSE:EE)
diariocatolico.net - January 23 at 5:14 PM
News IconWhat Analyst recommend about Stock? Emerson Electric Co.'s (EMR) (NYSE:EE)
lasignare.com - January 23 at 5:14 PM
4-traders.com logoEl Paso Electric : Thousands lose power as wind gusts hit El Paso (NYSE:EE)
www.4-traders.com - January 22 at 2:55 AM
News IconThousands lose power as wind gusts hit El Paso (NYSE:EE)
www.elpasotimes.com - January 21 at 9:53 PM
News IconMost Recent analysts Ratings: General Electric Company (NYSE:GE) (NYSE:EE)
larampadinapoli.com - January 18 at 3:47 AM
seekingalpha.com logoEl Paso Electric started at Hold by Williams Capital (NYSE:EE)
seekingalpha.com - January 11 at 10:26 PM
marketexclusive.com logoAnalyst Activity – Williams Capital Initiates Coverage On El Paso Electric Company (NYSE:EE) With a Hold (NYSE:EE)
marketexclusive.com - January 11 at 10:26 PM
finance.yahoo.com logoCoverage initiated on El Paso Electric by Williams Capital Group (NYSE:EE)
finance.yahoo.com - January 11 at 5:26 PM
capitalcube.com logoEl Paso Electric Co. – Value Analysis (NYSE:EE) : January 11, 2017 (NYSE:EE)
www.capitalcube.com - January 11 at 5:26 PM
biz.yahoo.com logoEL PASO ELECTRIC CO /TX/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NYSE:EE)
biz.yahoo.com - January 10 at 5:49 PM
capitalcube.com logoEl Paso Electric Co. breached its 50 day moving average in a Bearish Manner : EE-US : January 10, 2017 (NYSE:EE)
www.capitalcube.com - January 10 at 5:49 PM
publicnow.com logoTX Fuel Charge Increase Approved, Rate Cases to be Filed in 2017 (NYSE:EE)
www.publicnow.com - January 4 at 6:02 PM
publicnow.com logoEP Electric Crews Working to Restore Power Caused by High Winds (NYSE:EE)
www.publicnow.com - December 17 at 5:10 PM
News IconIs El Paso Electric Company (EE) Worthy of Your Portfolio? (NYSE:EE)
feedproxy.google.com - December 12 at 7:16 PM
4-traders.com logoEL PASO ELECTRIC COMPANY : ex-dividend day (NYSE:EE)
www.4-traders.com - December 12 at 5:08 PM
stocksdaily.net logoEl Paso Electric Company (NYSE:EE) Held $8.149 In Cash And Short-Term ... (NYSE:EE)
www.stocksdaily.net - December 7 at 10:21 PM
stocksdaily.net logoWill El Paso Electric Company (NYSE:EE) Surprise Analysts This Quarter? (NYSE:EE)
www.stocksdaily.net - December 6 at 10:05 PM
capitalcube.com logoETFs with exposure to El Paso Electric Co. : December 2, 2016 (NYSE:EE)
www.capitalcube.com - December 2 at 5:13 PM
stocksdaily.net logoQuarterly Accrued Expenses Of El Paso Electric Company (NYSE:EE) At $19.349 Millions (NYSE:EE)
www.stocksdaily.net - December 2 at 9:07 AM
capitalcube.com logoEl Paso Electric Co. breached its 50 day moving average in a Bearish Manner : EE-US : December 1, 2016 (NYSE:EE)
www.capitalcube.com - December 1 at 5:01 PM
streetinsider.com logoEl Paso Electric (EE) Declares $0.31 Quarterly Dividend; 2.8% Yield (NYSE:EE)
www.streetinsider.com - November 18 at 4:08 PM
stocksdaily.net logoAnalysts Have EPS Target Of $0.05 For El Paso Electric Company (NYSE:EE) (NYSE:EE)
www.stocksdaily.net - November 18 at 4:08 PM
publicnow.com logoEl Paso Electric Announces Quarterly Dividend (NYSE:EE)
www.publicnow.com - November 17 at 9:55 PM
stocksdaily.net logoEl Paso Electric Company (NYSE:EE) Cash Holdings/Investments At $8.149 (NYSE:EE)
www.stocksdaily.net - November 16 at 4:54 PM
publicnow.com logoEPE Begins Construction of New Solar Facility, Announces Community Solar Pilot Program (NYSE:EE)
www.publicnow.com - November 15 at 11:06 PM
capitalcube.com logoETFs with exposure to El Paso Electric Co. : November 15, 2016 (NYSE:EE)
www.capitalcube.com - November 15 at 5:10 PM

Social

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.

El Paso Electric Company (NYSE:EE) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for El Paso Electric Company (NYSE:EE)

Earnings History Chart

Earnings by Quarter for El Paso Electric Company (NYSE:EE)

Dividend History Chart

Dividend Payments by Quarter for El Paso Electric Company (NYSE:EE)

Last Updated on 2/26/2017 by MarketBeat.com Staff