El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. It generates electricity through nuclear fuel, natural gas, and coal, as well as solar photovoltaic panels and wind turbines with a generating capability of approximately 2,082 megawatts. The company also sources electricity from purchased power. The company owns and has ownership interests in four 345 kilovolt (kv) transmission lines in New Mexico and Arizona; and three 500 kV lines in Arizona. It serves approximately 417,900 residential, commercial, and public authority customers; and distributes electricity to retail customers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:EE
CUSIP28367785
Phone915-543-5711
Debt
Debt-to-Equity Ratio1.22
Current Ratio0.84
Quick Ratio0.61
Price-To-Earnings
Trailing P/E Ratio26.36
Forward P/E Ratio26.30
P/E Growth5.58
Sales & Book Value
Annual Sales$916.80 million
Price / Sales2.84
Cash Flow$6.2281 per share
Price / Cash10.26
Book Value$28.14 per share
Price / Book2.27
Profitability
EPS (Most Recent Fiscal Year)$2.42
Net Income$98.26 million
Net Margins10.21%
Return on Equity8.12%
Return on Assets2.62%
Miscellaneous
Employees1,100
Outstanding Shares40,690,000
Market Cap$2.58 billion
El Paso Electric (NYSE:EE) Frequently Asked Questions
What is El Paso Electric's stock symbol?
El Paso Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "EE."
How often does El Paso Electric pay dividends? What is the dividend yield for El Paso Electric?
El Paso Electric announced a quarterly dividend on Thursday, July 19th. Shareholders of record on Friday, September 14th will be paid a dividend of $0.36 per share on Friday, September 28th. This represents a $1.44 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Thursday, September 13th. View El Paso Electric's Dividend History.
How were El Paso Electric's earnings last quarter?
El Paso Electric (NYSE:EE) released its quarterly earnings results on Thursday, August, 2nd. The utilities provider reported $0.76 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.88 by $0.12. The utilities provider had revenue of $236.80 million for the quarter. El Paso Electric had a net margin of 10.21% and a return on equity of 8.12%. During the same quarter last year, the firm posted $0.89 EPS. View El Paso Electric's Earnings History.
When is El Paso Electric's next earnings date?
What price target have analysts set for EE?
4 equities research analysts have issued twelve-month price targets for El Paso Electric's shares. Their forecasts range from $49.00 to $58.00. On average, they expect El Paso Electric's stock price to reach $53.75 in the next twelve months. This suggests that the stock has a possible downside of 15.9%. View Analyst Price Targets for El Paso Electric.
What is the consensus analysts' recommendation for El Paso Electric?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for El Paso Electric in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for El Paso Electric.
Who are some of El Paso Electric's key competitors?
Some companies that are related to El Paso Electric include NRG Energy (NRG), Huaneng Power International (HNP), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), CPFL Energia (CPL), CENTRAIS ELETRI/S (EBR), Enel Chile (ENIC), IDACORP (IDA) and Algonquin Power & Utilities (AQN).
Who are El Paso Electric's key executives?
El Paso Electric's management team includes the folowing people:
- Ms. Mary E. Kipp, Pres, CEO & Director (Age 51)
- Mr. Nathan T. Hirschi CPA, Sr. VP & CFO (Age 55)
- Mr. Steven T. Buraczyk, Sr. VP of Operations (Age 51)
- Mr. Rocky R. Miracle, Sr. VP of Corp. Devel. & Chief Compliance Officer (Age 65)
- Mr. William A. Stiller, Sr. VP & Chief HR Officer (Age 66)
Has El Paso Electric been receiving favorable news coverage?
Media coverage about EE stock has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. El Paso Electric earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media coverage about the utilities provider an impact score of 45.52 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for El Paso Electric.
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.28%), Fuller & Thaler Asset Management Inc. (5.02%), FMR LLC (4.93%), Gabelli Funds LLC (4.68%), Millennium Management LLC (4.04%) and Jennison Associates LLC (3.89%). Company insiders that own El Paso Electric stock include Charles Yamarone and John Robert Brown. View Institutional Ownership Trends for El Paso Electric.
Which major investors are selling El Paso Electric stock?
EE stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Renaissance Technologies LLC, Macquarie Group Ltd., Bank of America Corp DE, Investment Counselors of Maryland LLC, Wells Fargo & Company MN, First Trust Advisors LP and Russell Investments Group Ltd.. View Insider Buying and Selling for El Paso Electric.
Which major investors are buying El Paso Electric stock?
EE stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., FMR LLC, Covalis Capital LLP, Verition Fund Management LLC, Luminus Management LLC, Point72 Asset Management L.P. and Bank of Montreal Can. View Insider Buying and Selling for El Paso Electric.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is El Paso Electric's stock price today?
One share of EE stock can currently be purchased for approximately $63.90.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $2.58 billion and generates $916.80 million in revenue each year. The utilities provider earns $98.26 million in net income (profit) each year or $2.42 on an earnings per share basis. El Paso Electric employs 1,100 workers across the globe.
How can I contact El Paso Electric?
El Paso Electric's mailing address is STANTON TOWER 100 NORTH STANTON, EL PASO TX, 79901. The utilities provider can be reached via phone at 915-543-5711 or via email at [email protected]
MarketBeat Community Rating for El Paso Electric (NYSE EE)
MarketBeat's community ratings are surveys of what our community members think about El Paso Electric and other stocks. Vote "Outperform" if you believe EE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EE will underperform the S&P 500 over the long term. You may vote once every thirty days.
