El Paso Electric Company Company Profile (NYSE:EE)

About El Paso Electric Company (NYSE:EE)

El Paso Electric Company logoEl Paso Electric Company is a public utility company. As of December 31, 2016, the Company was 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. As of December 31, 2016, the Company owned or had ownership interests in several electrical generating facilities providing it with a generating capability of approximately 2,080 megawatts (MW). The Company's energy sources consists of nuclear fuel, natural gas, coal, purchased power and generated by Company-owned solar photovoltaic panels. As of December 31, 2016, the Company had power purchase agreements for 107 MW from solar photovoltaic generation facilities. As of December 31, 2016, the Company served approximately 411,100 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.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NYSE:EE
  • CUSIP: 28367785
  • Web: www.epelectric.com
Capitalization:
  • Market Cap: $2.18 billion
  • Outstanding Shares: 40,557,000
Average Prices:
  • 50 Day Moving Avg: $51.62
  • 200 Day Moving Avg: $48.17
  • 52 Week Range: $42.49 - $53.90
P/E:
  • Trailing P/E Ratio: 22.09
  • Foreward P/E Ratio: 19.44
  • P/E Growth: 3.28
Sales & Book Value:
  • Annual Revenue: $900.46 million
  • Price / Sales: 2.42
  • Book Value: $26.21 per share
  • Price / Book: 2.05
Dividend:
  • Annual Dividend: $1.24
  • Dividend Yield: 2.3%
Profitability:
  • EBIDTA: $340.22 million
  • 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%
Misc:
  • Average Volume: 182,821 shs.
  • Beta: 0.42
  • Short Ratio: 2.11
 

Frequently Asked Questions for El Paso Electric Company (NYSE:EE)

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 paid a dividend of $0.31 per share on Friday, March 31st. This represents a $1.24 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date of this dividend is Wednesday, March 15th. View El Paso Electric Company's Dividend History.

How were El Paso Electric Company's earnings last quarter?

El Paso Electric Company (NYSE:EE) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.05. The company earned $171.34 million during the quarter. El Paso Electric Company had a return on equity of 8.95% and a net margin of 10.48%. During the same quarter in the prior year, the business earned ($0.14) earnings per share. View El Paso Electric Company's Earnings History.

When will El Paso Electric Company make its next earnings announcement?

El Paso Electric Company is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for El Paso Electric Company.

Where is El Paso Electric Company's stock going? Where will El Paso Electric Company's stock price be in 2017?

3 analysts have issued 1 year price objectives for El Paso Electric Company's shares. Their forecasts range from $48.00 to $52.00. On average, they anticipate El Paso Electric Company's stock price to reach $50.00 in the next twelve months. View Analyst Ratings for El Paso Electric Company.

What are analysts saying about El Paso Electric Company stock?

Here are some recent quotes from research analysts about El Paso Electric Company stock:

  • 1. 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 " (5/8/2017)
  • 2. 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)

Who are some of El Paso Electric Company's key competitors?

Who owns El Paso Electric Company stock?

El Paso Electric Company's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.19%), Vanguard Group Inc. (9.59%), FMR LLC (4.89%), Gabelli Funds LLC (4.64%), Gamco Investors INC. ET AL (4.09%) and Jennison Associates LLC (3.79%). Company insiders that own El Paso Electric Company stock include Charles Yamarone and John Robert Brown. View Institutional Ownership Trends for El Paso Electric Company.

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, Russell Investments Group Ltd., JPMorgan Chase & Co., Morgan Stanley, Jennison Associates LLC, Wedge Capital Management L L P NC, SG Americas Securities LLC and Nordea Investment Management AB. View Insider Buying and Selling for El Paso Electric Company.

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 BlackRock Inc., Vanguard Group Inc., BlueCrest Capital Management Ltd, Martingale Asset Management L P, Renaissance Technologies LLC, Bank of America Corp DE, Massachusetts Financial Services Co. MA and Piermont Capital Management Inc.. View Insider Buying and Selling for El Paso Electric Company.

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 $53.65.

Analyst Ratings

Consensus Ratings for El Paso Electric Company (NYSE:EE) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $50.00 (6.80% downside)

Analysts' Ratings History for El Paso Electric Company (NYSE:EE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/4/2017Jefferies Group LLCBoost Price TargetHold$48.50 -> $52.00LowView Rating Details
1/11/2017Williams CapitalInitiated CoverageHold$48.00N/AView Rating Details
10/5/2016ArgusReiterated RatingHoldN/AView Rating Details
3/24/2016Bank of America CorpUpgradeNeutral -> Buy$30.42N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for El Paso Electric Company (NYSE:EE)
Earnings by Quarter for El Paso Electric Company (NYSE:EE)
Earnings History by Quarter for El Paso Electric Company (NYSE:EE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
5/3/2017Q1 2017($0.05)($0.10)$171.34 millionViewListenView Earnings Details
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$0.10$0.09$116.00 million$163.75 millionViewListenView Earnings Details
2/25/2015Q414$0.10$0.10$190.31 million$126.65 millionViewN/AView Earnings Details
11/5/2014Q314$1.25$1.30$299.30 million$195.10 millionViewN/AView Earnings Details
8/6/2014Q214$0.65$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)
2017 EPS Consensus Estimate: $2.51
2018 EPS Consensus Estimate: $2.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.10)$0.01($0.05)
Q2 20172$0.60$0.73$0.67
Q3 20172$1.59$1.80$1.70
Q4 20172$0.10$0.29$0.20
Q1 20181($0.02)($0.02)($0.02)
Q2 20181$0.83$0.83$0.83
Q3 20181$1.79$1.79$1.79
Q4 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for El Paso Electric Company (NYSE:EE)
Most Recent Dividend:3/31/2017
Annual Dividend:$1.24
Dividend Yield:2.31%
Dividend Growth:5.40% (3 Year Average)
Payout Ratio:54.63% (Trailing 12 Months of Earnings)
49.60% (Based on This Year's Estimates)
44.93% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for El Paso Electric Company (NYSE:EE)

Dividend History by Quarter 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 and Institutional Ownership History for El Paso Electric Company (NYSE:EE)
Insider Ownership Percentage: 1.33%
Institutional Ownership Percentage: 94.96%
Insider Trades by Quarter for El Paso Electric Company (NYSE:EE)
Institutional Ownership by Quarter for El Paso Electric Company (NYSE:EE)
Insider Trades by Quarter for El Paso Electric Company (NYSE:EE)
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

Headline Trends for El Paso Electric Company (NYSE:EE)
Latest Headlines for El Paso Electric Company (NYSE:EE)
Source:
DateHeadline
americanbankingnews.com logoEl Paso Electric Company (EE) Expected to Announce Earnings of $0.67 Per Share
www.americanbankingnews.com - May 26 at 10:24 AM
americanbankingnews.com logoZacks: El Paso Electric Company (EE) Receives Consensus Recommendation of "" from Analysts
www.americanbankingnews.com - May 25 at 7:40 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - May 8 at 10:52 PM
americanbankingnews.com logoEl Paso Electric Company to Post Q3 2017 Earnings of $1.59 Per Share, Williams Capital Forecasts (EE)
www.americanbankingnews.com - May 8 at 9:02 AM
americanbankingnews.com logoAnalysts Set Expectations for El Paso Electric Company's Q2 2017 Earnings (EE)
www.americanbankingnews.com - May 8 at 8:21 AM
finance.yahoo.com logoEdited Transcript of EE earnings conference call or presentation 3-May-17 2:30pm GMT
finance.yahoo.com - May 5 at 5:07 PM
americanbankingnews.com logo Brokerages Set $51.00 Target Price for El Paso Electric Company (EE)
www.americanbankingnews.com - May 5 at 4:39 PM
americanbankingnews.com logoEl Paso Electric Company Expected to Earn Q4 2017 Earnings of $0.29 Per Share (EE)
www.americanbankingnews.com - May 5 at 4:17 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - May 4 at 12:24 PM
seekingalpha.com logoEl Paso Electric Co. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 4 at 10:29 AM
streetinsider.com logoEl Paso Electric Company (EE) PT Raised to $52 at Jefferies
www.streetinsider.com - May 4 at 10:29 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Releases Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - May 3 at 8:28 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Getting Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - May 3 at 1:26 PM
rttnews.com logoEARNINGS SUMMARY: Details of El Paso Electric Co Q1 Earnings Report
www.rttnews.com - May 3 at 9:13 AM
nasdaq.com logoEl Paso Electric Q1 Loss Narrows - Quick Facts
www.nasdaq.com - May 3 at 9:13 AM
finance.yahoo.com logoEl Paso Electric Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 3 at 9:13 AM
marketbeat.com logoEl Paso Electric reports 1Q loss
marketbeat.com - May 3 at 6:42 AM
americanbankingnews.com logo-$0.05 EPS Expected for El Paso Electric Company (EE) This Quarter
www.americanbankingnews.com - May 3 at 1:07 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Receives Daily Coverage Optimism Rating of 0.56
www.americanbankingnews.com - April 27 at 8:56 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 26 at 8:26 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Receives Media Impact Rating of -0.04
www.americanbankingnews.com - April 24 at 3:38 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for El Paso Electric Company's Q1 2017 Earnings (EE)
www.americanbankingnews.com - April 24 at 7:26 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Receiving Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 21 at 6:04 PM
americanbankingnews.com logoZacks: El Paso Electric Company (EE) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 20 at 6:06 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Earning Somewhat Critical News Coverage, Report Shows
www.americanbankingnews.com - April 15 at 12:57 PM
americanbankingnews.com logoZacks: Brokerages Expect El Paso Electric Company (EE) Will Post Earnings of $0.01 Per Share
www.americanbankingnews.com - April 11 at 10:21 PM
finance.yahoo.com logoEl Paso Electric First Quarter Earnings Release Date and Conference Call Notification
finance.yahoo.com - April 10 at 11:47 AM
finance.yahoo.com logoEl Paso Electric Co. : EE-US: Dividend Analysis : March 17th, 2017 (record date) : By the numbers : April 6, 2017
finance.yahoo.com - April 7 at 9:32 AM
americanbankingnews.com logo Analysts Set $49.83 Target Price for El Paso Electric Company (EE)
www.americanbankingnews.com - April 5 at 6:04 PM
seekingalpha.com logoEl Paso Electric Company (EE) Presents At Williams Capital Group West Coast Seminar - Slideshow
seekingalpha.com - March 23 at 3:05 AM
finance.yahoo.com logoEl Paso Electric Plans to Seek Delay of 2017 New Mexico Rate Case
finance.yahoo.com - March 22 at 5:04 PM
finance.yahoo.com logo12:01 pm El Paso Electric plans to seek a delay of its 2017 rate case filing in New Mexico
finance.yahoo.com - March 22 at 5:04 PM
americanbankingnews.com logoZacks: El Paso Electric Company (EE) Given Consensus Rating of "" by Analysts
www.americanbankingnews.com - March 21 at 11:16 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - March 20 at 1:01 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - March 14 at 9:27 PM
seekingalpha.com logoEl Paso Electric (EE) Presents At UBS Utilities and Natural Gas One-on-One Conference
seekingalpha.com - March 2 at 5:08 PM
finance.yahoo.com logoEL PASO ELECTRIC CO /TX/ Financials
finance.yahoo.com - March 2 at 5:08 PM
rttnews.com logoEl Paso Electric Co Q4 Earnings Rise 771%
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
seekingalpha.com - February 24 at 5:39 PM
biz.yahoo.com logoEL PASO ELECTRIC CO /TX/ Files SEC form 10-K, Annual Report
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
finance.yahoo.com - February 24 at 11:41 AM
us.rd.yahoo.com logoEl Paso Electric Announces Fourth Quarter and Annual 2016 Financial Results
us.rd.yahoo.com - February 23 at 4:54 PM
us.rd.yahoo.com logo6:55 am El Paso Electric beats by $0.08
us.rd.yahoo.com - February 23 at 4:54 PM
biz.yahoo.com logoQ4 2016 El Paso Electric Co Earnings Release - Before Market Open
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
biz.yahoo.com - February 23 at 4:54 PM
finance.yahoo.com logoShould You Sell El Paso Electric (EE) Before Earnings?
finance.yahoo.com - February 22 at 5:10 PM
finance.yahoo.com logoNiSource (NI): Will it Disappoint this Earnings Season?
finance.yahoo.com - February 20 at 4:31 PM
seekingalpha.com logoEl Paso Electric (EE) Texas Rate Case Special Call - Slideshow
seekingalpha.com - February 16 at 4:01 PM
finance.yahoo.com logoEl Paso Electric Files 2017 Texas Rate Case
finance.yahoo.com - February 13 at 5:42 PM
finance.yahoo.com logoEl Paso Electric Fourth Quarter Earnings Release Date and Conference Call Notification
finance.yahoo.com - January 23 at 10:16 PM

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Chart

El Paso Electric Company (EE) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff