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
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNYSE:EE
CUSIP28367785
Phone915-543-5711
Debt
Debt-to-Equity Ratio1.07
Current Ratio0.38
Quick Ratio0.25
Price-To-Earnings
Trailing P/E Ratio24.50
Forward P/E Ratio22.62
P/E Growth4.43
Sales & Book Value
Annual Sales$916.80 million
Price / Sales2.61
Cash Flow$6.17 per share
Price / Cash9.53
Book Value$28.14 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)$2.42
Net Income$98.26 million
Net Margins9.76%
Return on Equity8.20%
Return on Assets2.63%
Miscellaneous
Employees1,100
Outstanding Shares40,670,000
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, May 24th. Shareholders of record on Friday, June 15th will be given a dividend of $0.36 per share on Friday, June 29th. This represents a $1.44 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Thursday, June 14th. This is a positive change from El Paso Electric's previous quarterly dividend of $0.34. View El Paso Electric's Dividend History.
How were El Paso Electric's earnings last quarter?
El Paso Electric (NYSE:EE) released its earnings results on Thursday, May, 3rd. The utilities provider reported ($0.12) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.05. The utilities provider earned $175.71 million during the quarter. El Paso Electric had a net margin of 9.76% and a return on equity of 8.20%. 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 brokerages have issued 1 year target prices for El Paso Electric's shares. Their forecasts range from $49.00 to $57.00. On average, they anticipate El Paso Electric's stock price to reach $52.75 in the next year. 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 Pinnacle West Capital (PNW), OGE Energy (OGE), Great Plains Energy (GXP), CPFL Energia (CPL), Enel Generacion Chile (EOCC), ENGIE BRASIL EN/S (EGIEY), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), CENTRAIS ELETRI/S (EBR), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), Pampa Energia (PAM) and Black Hills (BKH).
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 stories about EE stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. El Paso Electric earned a news impact score of 0.22 on Accern's scale. They also assigned news coverage about the utilities provider an impact score of 47.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.52%), Gamco Investors INC. ET AL (3.66%), Northern Trust Corp (3.18%), Millennium Management LLC (2.50%), Dimensional Fund Advisors LP (2.45%) and JPMorgan Chase & Co. (1.73%). Company insiders that own El Paso Electric stock include Charles Yamarone and John Robert Brown. View Institutional Ownership Trends for El Paso Electric.
Which institutional investors are selling El Paso Electric stock?
EE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., PNC Financial Services Group Inc., California Public Employees Retirement System, Federated Investors Inc. PA, Wedge Capital Management L L P NC, Gamco Investors INC. ET AL, Aperio Group LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for El Paso Electric.
Which institutional investors are buying El Paso Electric stock?
EE stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Victory Capital Management Inc., Guggenheim Capital LLC, Wells Fargo & Company MN, BlackRock Inc., Massachusetts Financial Services Co. MA, Russell Investments Group Ltd. and Nuveen Asset Management LLC. 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 $58.80.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $2.39 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 (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.
