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
Phone915-543-5711
Debt
Current Ratio0.98
Quick Ratio0.72
Price-To-Earnings
Sales & Book Value
Annual Sales$916.80 million
Price / Sales2.18
Price / Cash Flow7.86
Price / Book1.75
Profitability
Net Income$98.26 million
Net Margins11.67%
Return on Assets2.97%
Miscellaneous
Employees1,100
OptionableOptionable
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 declared a quarterly dividend on Wednesday, November 28th. Stockholders of record on Friday, December 14th will be given a dividend of $0.36 per share on Friday, December 28th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Thursday, December 13th. 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, November, 1st. The utilities provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.67 by $0.12. The utilities provider had revenue of $300.27 million for the quarter. El Paso Electric had a net margin of 11.67% and a return on equity of 9.19%. View El Paso Electric's Earnings History.
When is El Paso Electric's next earnings date?
What guidance has El Paso Electric issued on next quarter's earnings?
El Paso Electric issued an update on its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $2.20-2.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.45.
What price target have analysts set for EE?
3 brokerages have issued 1-year target prices for El Paso Electric's stock. Their predictions range from $49.00 to $58.00. On average, they anticipate El Paso Electric's share price to reach $52.6667 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Price Targets for El Paso Electric.
What is the consensus analysts' recommendation 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 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for El Paso Electric.
Has El Paso Electric been receiving favorable news coverage?
News headlines about EE stock have trended somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. El Paso Electric earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next few days.
Are investors shorting El Paso Electric?
El Paso Electric saw a drop in short interest in the month of December. As of December 14th, there was short interest totalling 671,905 shares, a drop of 46.3% from the November 30th total of 1,251,209 shares. Based on an average daily trading volume, of 402,349 shares, the short-interest ratio is presently 1.7 days. Currently, 1.7% of the company's stock are sold short. View El Paso Electric's Current Options Chain.
Who are some of El Paso Electric's key competitors?
Some companies that are related to El Paso Electric include OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Chile (ENIC), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), CEMIG (CIG), IDACORP (IDA), Enel Generacion Chile (EOCC), Portland General Electric (POR), Hawaiian Electric Industries (HE), Black Hills (BKH), PNM Resources (PNM), Clearway Energy (CWEN) and Ormat Technologies (ORA).
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 52)
- Mr. Nathan T. Hirschi CPA, Sr. VP & CFO (Age 56)
- Mr. Steven T. Buraczyk, Sr. VP of Operations (Age 52)
- Mr. Rocky R. Miracle, Sr. VP of Corp. Devel. & Chief Compliance Officer (Age 66)
- Mr. William A. Stiller, Sr. VP & Chief HR Officer (Age 67)
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Louisiana State Employees Retirement System (0.04%), State of Alaska Department of Revenue (0.03%) and Verity & Verity LLC (0.01%). View Institutional Ownership Trends for El Paso Electric.
Which major investors are selling El Paso Electric stock?
Which major investors are buying El Paso Electric stock?
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 $49.12.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $1.97 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.
What is El Paso Electric's official website?
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.
