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: $2.31373 billion
  • Outstanding Shares: 40,591,000
Average Prices:
  • 50 Day Moving Avg: $55.80
  • 200 Day Moving Avg: $53.22
  • 52 Week Range: $43.12 - $58.70
P/E:
  • Trailing P/E Ratio: 20.65
  • Foreward P/E Ratio: 21.17
  • P/E Growth: 3.45
Sales & Book Value:
  • Annual Revenue: $934.44 million
  • Price / Sales: 2.48
  • Book Value: $26.75 per share
  • Price / Book: 2.14
Dividend:
  • Annual Dividend: $1.34
  • Dividend Yield: 2.4%
Profitability:
  • EBITDA: $360.31 million
  • Net Margins: 11.45%
  • Return on Equity: 9.95%
  • Return on Assets: 3.14%
Debt:
  • Debt-to-Equity Ratio: 1.10%
  • Current Ratio: 0.54%
  • Quick Ratio: 0.41%
Misc:
  • Average Volume: 182,958 shs.
  • Beta: 0.47
  • Short Ratio: 1.61
 

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 declared a quarterly dividend on Friday, May 26th. Stockholders of record on Friday, June 16th will be paid a dividend of $0.335 per share on Friday, June 30th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Wednesday, June 14th. This is a positive change from El Paso Electric Company's previous quarterly dividend of $0.31. View El Paso Electric Company's Dividend History.

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

El Paso Electric Company (NYSE:EE) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.14. The company had revenue of $251.84 million for the quarter. El Paso Electric Company had a return on equity of 9.95% and a net margin of 11.45%. During the same quarter in the prior year, the firm earned $0.55 EPS. 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 Wednesday, November, 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 brokerages have issued twelve-month price targets for El Paso Electric Company's stock. Their forecasts range from $48.00 to $57.00. On average, they anticipate El Paso Electric Company's stock price to reach $53.67 in the next year. 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 " (9/21/2017)
  • 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 are El Paso Electric Company's key executives?

El Paso Electric Company's management team includes the folowing people:

  • Charles A. Yamarone, Independent Chairman of the Board
  • Mary E. Kipp, President, Chief Executive Officer, Director
  • Edward Escudero, Independent Vice Chairman of the Board
  • Nathan T. Hirschi, Chief Financial Officer, Senior Vice President
  • William A. Stiller, Chief Human Resource Officer, Senior Vice President - Public and Customer Affairs
  • Rocky R. Miracle, Senior Vice President - Corporate Services, Chief Compliance Officer
  • Steven T. Buraczyk, Senior Vice President - Operations
  • Adrian J. Rodriguez, Vice President, General Counsel, Assistant Secretary
  • Russell G. Gibson, Vice President, Controller
  • Paul M. Barbas, Director

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.

What is El Paso Electric Company's stock price today?

One share of El Paso Electric Company stock can currently be purchased for approximately $57.15.


MarketBeat Community Rating for El Paso Electric Company (NYSE EE)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  121 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  357
MarketBeat's community ratings are surveys of what our community members think about El Paso Electric Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for El Paso Electric Company (NYSE:EE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $53.67 (6.10% downside)
Consensus Price Target History for El Paso Electric Company (NYSE:EE)
Price Target History for El Paso Electric Company (NYSE:EE)
Analysts' Ratings History for El Paso Electric Company (NYSE:EE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Jefferies Group LLCDowngradeHold -> UnderperformN/AView Rating Details
10/4/2017MizuhoReiterated RatingHold$56.00MediumView Rating Details
1/11/2017Williams CapitalInitiated CoverageHold$48.00N/AView Rating Details
10/5/2016ArgusReiterated RatingHoldN/AView Rating Details
3/24/2016Bank of America CorporationUpgradeNeutral -> Buy$30.42N/AView Rating Details
(Data available from 10/18/2015 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
11/1/2017$1.70N/AView Earnings Details
8/2/2017Q2 2017$0.75$0.89$251.84 millionViewListenView Earnings Details
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: $2.23
2018 EPS Consensus Estimate: $2.50
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.10)$0.01($0.05)
Q2 20172$0.60$0.74$0.67
Q3 20172$1.46$1.54$1.50
Q4 20172$0.00$0.20$0.10
Q1 20181$0.00$0.00$0.00
Q2 20181$0.77$0.77$0.77
Q3 20181$1.63$1.63$1.63
Q4 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for El Paso Electric Company (NYSE:EE)
Most Recent Dividend:6/30/2017
Annual Dividend:$1.34
Dividend Yield:2.34%
Dividend Growth:5.40% (3 Year Average)
Payout Ratio:48.38% (Trailing 12 Months of Earnings)
52.14% (Based on This Year's Estimates)
49.63% (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
5/26/2017Quarterly$0.342.5%6/14/20176/16/20176/30/2017
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: 97.96%
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
6/22/2017Charles YamaroneDirectorSell3,500$52.47$183,645.00View SEC Filing  
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 to Post FY2018 Earnings of $2.41 Per Share, Jefferies Group Forecasts (EE)
www.americanbankingnews.com - October 18 at 1:32 PM
finance.yahoo.com logoEl Paso Electric Third Quarter Earnings Release Date and Conference Call Notification
finance.yahoo.com - October 16 at 4:17 PM
americanbankingnews.com logoEl Paso Electric (EE) and Its Competitors Critical Survey
www.americanbankingnews.com - October 13 at 6:52 PM
americanbankingnews.com logoHead-To-Head Comparison: El Paso Electric (EE) & Its Peers
www.americanbankingnews.com - October 10 at 9:07 AM
americanbankingnews.com logoJefferies Group Weighs in on El Paso Electric Company's Q3 2017 Earnings (EE)
www.americanbankingnews.com - October 9 at 2:14 AM
americanbankingnews.com logoEl Paso Electric's (EE) "Hold" Rating Reaffirmed at Mizuho
www.americanbankingnews.com - October 8 at 8:34 PM
americanbankingnews.com logoJefferies Group LLC Reiterates "Hold" Rating for El Paso Electric Company (EE)
www.americanbankingnews.com - October 6 at 4:18 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - October 6 at 2:32 AM
finance.yahoo.com logoEl Paso Electric Co. : EE-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 4, 2017
finance.yahoo.com - October 4 at 10:29 AM
finance.yahoo.com logoETFs with exposure to El Paso Electric Co. : September 26, 2017
finance.yahoo.com - October 3 at 10:43 AM
americanbankingnews.com logoComparing El Paso Electric (EE) & Its Peers
www.americanbankingnews.com - October 2 at 10:06 PM
nasdaq.com logoEE Crosses Above Average Analyst Target
www.nasdaq.com - September 28 at 5:48 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for El Paso Electric Company (EE) Issued By Williams Capital
www.americanbankingnews.com - September 22 at 6:56 AM
americanbankingnews.com logoQ3 2018 EPS Estimates for El Paso Electric Company Cut by Williams Capital (EE)
www.americanbankingnews.com - September 21 at 12:52 PM
finance.yahoo.com logoEl Paso Electric and City of El Paso Agree in Principle on Terms of Settlement for Texas Rate Case Docket No. 46831
finance.yahoo.com - September 19 at 11:15 PM
americanbankingnews.com logoEl Paso Electric (EE) and Ormat Technologies (ORA) Critical Analysis
www.americanbankingnews.com - September 17 at 6:12 PM
americanbankingnews.com logo$1.57 Earnings Per Share Expected for El Paso Electric Company (EE) This Quarter
www.americanbankingnews.com - September 12 at 6:24 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 11 at 2:22 AM
finance.yahoo.com logoEl Paso Electric Co. :EE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 28 at 5:56 PM
americanbankingnews.com logoCritical Review: El Paso Electric (EE) & Otter Tail Corporation (OTTR)
www.americanbankingnews.com - August 28 at 4:20 PM
thestreet.com logoAdministrative Law Judges Issue Order To Abate Hearing In El Paso Electric Company's Texas Rate Case
www.thestreet.com - August 26 at 5:45 AM
finance.yahoo.com logoAdministrative Law Judges Issue Order to Abate Hearing in El Paso Electric Company’s Texas Rate Case
finance.yahoo.com - August 24 at 7:09 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Receives New Coverage from Analysts at Mizuho
www.americanbankingnews.com - August 17 at 7:46 AM
americanbankingnews.com logoBrokers Set Expectations for El Paso Electric Company's FY2018 Earnings (EE)
www.americanbankingnews.com - August 14 at 8:52 AM
americanbankingnews.com logoFY2017 EPS Estimates for El Paso Electric Company (NYSE:EE) Boosted by Williams Capital
www.americanbankingnews.com - August 14 at 5:50 AM
streetinsider.com logoEl Paso Electric Company (EE) PT Raised to $56 at Jefferies; Reiterates Hold
www.streetinsider.com - August 11 at 11:42 PM
americanbankingnews.com logoEl Paso Electric Company (EE) Given Hold Rating at Jefferies Group LLC
www.americanbankingnews.com - August 11 at 6:20 PM
americanbankingnews.com logoEl Paso Electric Company to Post Q3 2017 Earnings of $1.52 Per Share, Williams Capital Forecasts (NYSE:EE)
www.americanbankingnews.com - August 11 at 9:34 AM
americanbankingnews.com logoEl Paso Electric Company Forecasted to Earn Q3 2017 Earnings of $1.61 Per Share (EE)
www.americanbankingnews.com - August 7 at 7:08 AM
americanbankingnews.com logo El Paso Electric Company (NYSE:EE) Given $54.67 Average Price Target by Brokerages
www.americanbankingnews.com - August 6 at 10:42 AM
finance.yahoo.com logoEl Paso Electric Co. – Value Analysis (NYSE:EE) : August 4, 2017
finance.yahoo.com - August 4 at 6:24 PM
finance.yahoo.com logoEl Paso Electric Co. breached its 50 day moving average in a Bullish Manner : EE-US : August 3, 2017
finance.yahoo.com - August 3 at 3:28 PM
nasdaq.com logoEl Paso Electric Q2 Profit Rises
www.nasdaq.com - August 3 at 5:06 AM
seekingalpha.com logoEl Paso Electric's (EE) Management on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 3 at 5:06 AM
finance.yahoo.com logoEdited Transcript of EE earnings conference call or presentation 2-Aug-17 2:30pm GMT
finance.yahoo.com - August 3 at 12:05 AM
finance.yahoo.com logoEl Paso Electric Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 2 at 7:02 PM
finance.yahoo.com logoInvestor Network: EL PASO ELECTRIC CO /TX/ to Host Earnings Call
finance.yahoo.com - August 2 at 7:02 PM
americanbankingnews.com logoEl Paso Electric Company (NYSE:EE) Issues Earnings Results
www.americanbankingnews.com - August 2 at 4:53 PM
americanbankingnews.com logoEl Paso Electric Company Plans Quarterly Dividend of $0.34 (EE)
www.americanbankingnews.com - July 27 at 6:50 PM
finance.yahoo.com logoEl Paso Electric Announces Quarterly Dividend
finance.yahoo.com - July 27 at 6:41 PM
americanbankingnews.com logoEl Paso Electric Company (NYSE:EE) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 27 at 10:46 AM
americanbankingnews.com logoWilliams Capital Weighs in on El Paso Electric Company's Q4 2017 Earnings (EE)
www.americanbankingnews.com - July 24 at 9:10 AM
finance.yahoo.com logoEl Paso Electric Co. breached its 50 day moving average in a Bullish Manner : EE-US : July 21, 2017
finance.yahoo.com - July 21 at 8:00 PM
americanbankingnews.com logoBrokerages Expect El Paso Electric Company (EE) to Post $0.67 EPS
www.americanbankingnews.com - July 21 at 12:52 PM
americanbankingnews.com logoWilliams Capital Weighs in on El Paso Electric Company's Q2 2017 Earnings (NYSE:EE)
www.americanbankingnews.com - July 21 at 8:42 AM
americanbankingnews.com logoEl Paso Electric Company (EE) Expected to Announce Earnings of $0.67 Per Share
www.americanbankingnews.com - July 17 at 6:22 PM
finance.yahoo.com logoEl Paso Electric Second Quarter Earnings Release Date and Conference Call Notification
finance.yahoo.com - July 8 at 10:26 AM
seekingalpha.com logoEl Paso Electric Company (EE) Presents At Jefferies Small/Mid Cap Power Utilities Summit - Slideshow
seekingalpha.com - June 15 at 11:56 PM
seekingalpha.com logoEl Paso Electric Company (EE) Presents At West Coast Utilities 1x1 Conference - Slideshow
seekingalpha.com - June 5 at 4:56 PM
seekingalpha.com logoEl Paso Electric Co. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 4 at 10:29 AM

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Chart

El Paso Electric Company (EE) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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