NYSE:EE - El Paso Electric Stock Price, Forecast & News

El Paso Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "EE."

El Paso Electric declared a quarterly dividend on Thursday, October 17th. Stockholders of record on Friday, December 13th will be given a dividend of $0.385 per share on Friday, December 27th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Thursday, December 12th. View El Paso Electric's Dividend History.

El Paso Electric (NYSE:EE) posted its quarterly earnings results on Wednesday, November, 6th. The utilities provider reported $1.83 earnings per share for the quarter. The utilities provider earned $294.45 million during the quarter. El Paso Electric had a return on equity of 7.85% and a net margin of 10.99%. View El Paso Electric's Earnings History.

El Paso Electric is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for El Paso Electric.

3 Wall Street analysts have issued 12-month price objectives for El Paso Electric's shares. Their forecasts range from $53.00 to $58.00. On average, they anticipate El Paso Electric's share price to reach $55.33 in the next twelve months. This suggests that the stock has a possible downside of 18.0%. View Analyst Price Targets for El Paso Electric.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for El Paso Electric in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for El Paso Electric.

Press coverage about EE stock has been trending somewhat negative on Monday, InfoTrie reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. El Paso Electric earned a news impact score of -1.6 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for El Paso Electric.

El Paso Electric saw a increase in short interest in November. As of November 15th, there was short interest totalling 1,480,000 shares, an increase of 26.5% from the October 31st total of 1,170,000 shares. Based on an average daily trading volume, of 229,200 shares, the days-to-cover ratio is currently 6.5 days. Approximately 3.7% of the company's stock are short sold. View El Paso Electric's Current Options Chain.

Some companies that are related to El Paso Electric include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE).

Based on aggregate information from My MarketBeat watchlists, some companies that other El Paso Electric investors own include General Electric (GE), Cisco Systems (CSCO), Altria Group (MO), AT&T (T), Verizon Communications (VZ), Kraft Heinz (KHC), PepsiCo (PEP), AvalonBay Communities (AVB), Bank of America (BAC) and Delta Air Lines (DAL).

El Paso Electric's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gabelli Funds LLC (4.83%), Gamco Investors INC. ET AL (3.42%), State Street Corp (3.01%), Millennium Management LLC (2.60%), First Trust Advisors LP (1.49%) and Wedge Capital Management L L P NC (0.95%). Company insiders that own El Paso Electric stock include Edward Escudero, Eric B Siegel and Stephen Wertheimer. View Institutional Ownership Trends for El Paso Electric.

EE stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, SG Americas Securities LLC, Comerica Bank, Russell Investments Group Ltd., Boston Partners, Gamco Investors INC. ET AL, Wedge Capital Management L L P NC and 6 Meridian. Company insiders that have sold El Paso Electric company stock in the last year include Edward Escudero, Eric B Siegel and Stephen Wertheimer. View Insider Buying and Selling for El Paso Electric.

EE stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Barclays PLC, Alpine Group USVI LLC and Alpine Group USVI LLC. View Insider Buying and Selling for El Paso Electric.

Shares of EE 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, Robinhood, Fidelity and Charles Schwab.

One share of EE stock can currently be purchased for approximately $67.48.

El Paso Electric has a market capitalization of $2.75 billion and generates $903.60 million in revenue each year. The utilities provider earns $84.32 million in net income (profit) each year or $2.33 on an earnings per share basis. El Paso Electric employs 1,100 workers across the globe.View Additional Information About El Paso Electric.

The official website for El Paso Electric is http://www.epelectric.com/.

El Paso Electric's mailing address is STANTON TOWER 100 NORTH STANTON STREET, EL PASO TX, 79901. The utilities provider can be reached via phone at 915-543-5711 or via email at [email protected]