El 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
- Market Cap: $2.21835 billion
- Outstanding Shares: 40,591,000
- 50 Day Moving Avg: $54.54
- 200 Day Moving Avg: $52.24
- 52 Week Range: $42.49 - $56.58
Sales & Book Value:
- Trailing P/E Ratio: 19.74
- Foreward P/E Ratio: 19.95
- P/E Growth: 3.26
- Annual Revenue: $934.44 million
- Price / Sales: 2.37
- Book Value: $26.75 per share
- Price / Book: 2.04
- Annual Dividend: $1.34
- Dividend Yield: 2.5%
- EBIDTA: $360.31 million
- Net Margins: 11.45%
- Return on Equity: 9.95%
- Return on Assets: 3.14%
- Debt-to-Equity Ratio: 1.10%
- Current Ratio: 0.54%
- Quick Ratio: 0.41%
- Average Volume: 166,342 shs.
- Beta: 0.48
- 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. Investors 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 2.45%. The ex-dividend date of this dividend 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) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.75 by $0.14. The company earned $251.84 million during the quarter. El Paso Electric Company had a net margin of 11.45% and a return on equity of 9.95%. During the same period last year, the business earned $0.55 EPS. View El Paso Electric Company's Earnings History.
When will El Paso Electric Company make its next earnings announcement?
Where is El Paso Electric Company's stock going? Where will El Paso Electric Company's stock price be in 2017?
4 analysts have issued twelve-month target prices for El Paso Electric Company's stock. Their predictions range from $48.00 to $56.00. On average, they anticipate El Paso Electric Company's share price to reach $53.00 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?
Some companies that are related to El Paso Electric Company include IDACORP (IDA), Portland General Electric Company (POR), Allete (ALE), Hawaiian Electric Industries (HE), NRG Yield (NYLD), PNM Resources, Inc. (Holding Co.) (PNM), Ormat Technologies (ORA), UIL Holdings (UIL), NorthWestern Corporation (NWE), Capital Power Corp (CPX), Companhia Paranaense de Energia (COPEL) (ELP), MGE Energy (MGEE), Atlantica Yield PLC (ABY), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), Otter Tail Corporation (OTTR), Dynegy (DYN), Kenon Holdings (KEN) and UNITIL Corporation (UTL).
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
Who owns El Paso Electric Company stock?
El Paso Electric Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.88%), Vanguard Group Inc. (9.59%), FMR LLC (4.92%), Gabelli Funds LLC (4.63%), Gamco Investors INC. ET AL (3.91%) and Jennison Associates LLC (3.74%). Company insiders that own El Paso Electric Company stock include Charles Yamarone and John Robert Brown. View Institutional Ownership Trends for El Paso Electric Company.
Who sold El Paso Electric Company stock? Who is selling El Paso Electric Company stock?
El Paso Electric Company's stock was sold by a variety of institutional investors in the last quarter, including Commonwealth Bank of Australia, BlackRock Inc., BlueCrest Capital Management Ltd, JPMorgan Chase & Co., Prudential Financial Inc., Russell Investments Group Ltd., Gamco Investors INC. ET AL and Victory Capital Management Inc.. Company insiders that have sold El Paso Electric Company stock in the last year include Charles Yamarone and John Robert Brown. View Insider Buying and Selling for El Paso Electric Company.
Who bought El Paso Electric Company stock? Who is buying El Paso Electric Company stock?
El Paso Electric Company's stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Dalton Greiner Hartman Maher & Co., AHL Partners LLP, Renaissance Technologies LLC, Macquarie Group Ltd., Channing Capital Management LLC, Northern Trust Corp and Ameriprise Financial Inc.. View Insider Buying and Selling for El Paso Electric Company.
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?
MarketBeat Community Rating for El Paso Electric Company (NYSE EE)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.
One share of El Paso Electric Company stock can currently be purchased for approximately $54.65.
Earnings History for El Paso Electric Company (NYSE:EE)Earnings History by Quarter for El Paso Electric Company (NYSE EE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.75||$0.89||$251.84 million||View||Listen|
|5/3/2017||Q1 2017||($0.05)||($0.10)||$171.34 million||View||Listen|
|11/2/2016||Q316||$1.90||$1.84||$289.71 million||$323.23 million||View||N/A|
|8/3/2016||Q216||$0.44||$0.55||$219.50 million||$217.87 million||View||N/A|
|5/4/2016||Q116||($0.07)||($0.14)||$114.80 million||$113.80 million||View||N/A|
|2/24/2016||Q415||$0.02||$126.65 million||$125.73 million||View||Listen|
|8/5/2015||Q215||$0.60||$0.52||$164.00 million||$157.95 million||View||Listen|
|5/6/2015||Q115||$0.10||$0.09||$116.00 million||$163.75 million||View||Listen|
|2/25/2015||Q414||$0.10||$0.10||$190.31 million||$126.65 million||View||N/A|
|11/5/2014||Q314||$1.25||$1.30||$299.30 million||$195.10 million||View||N/A|
|8/6/2014||Q214||$0.65||$0.75||$244.80 million||$255.21 million||View||N/A|
|5/7/2014||Q114||$0.11||$0.11||$173.17 million||$116.00 million||View||N/A|
|2/24/2014||Q413||$0.12||$0.03||$125.90 million||$122.50 million||View||N/A|
|11/6/2013||Q313||$1.29||$1.26||$273.76 million||$196.00 million||View||N/A|
|8/6/2013||Q2 2013||$0.74||$0.73||$248.10 million||View||Listen|
|5/1/2013||Q1 2013||$0.10||$0.19||$116.59 million||$120.01 million||View||Listen|
|2/19/2013||Q4 2012||$0.15||$0.12||$191.74 million||$125.91 million||View||Listen|
Earnings Estimates for El Paso Electric Company (NYSE:EE)
2017 EPS Consensus Estimate: $2.30
2018 EPS Consensus Estimate: $2.50
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for El Paso Electric Company (NYSE:EE)
|Most Recent Dividend:||6/30/2017|
|Dividend Growth:||5.40% (3 Year Average)|
|Payout Ratio:||48.38% (Trailing 12 Months of Earnings) |
53.39% (Based on This Year's Estimates)
48.91% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for El Paso Electric Company (NYSE EE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for El Paso Electric Company (NYSE:EE)
Insider Ownership Percentage: 1.33%Insider Trades by Quarter for El Paso Electric Company (NYSE:EE)
Institutional Ownership Percentage: 97.96%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/22/2017||Charles Yamarone||Director||Sell||3,500||$52.47||$183,645.00|| |
|12/13/2016||John Robert Brown||Director||Sell||10,500||$47.74||$501,270.00|| |
|5/11/2016||Charles Yamarone||Director||Sell||5,500||$45.16||$248,380.00|| |
|11/13/2014||John Robert Brown||Director||Sell||6,000||$38.14||$228,840.00|| |
|8/13/2014||Charles Yamarone||Director||Sell||5,000||$36.62||$183,100.00|| |
|8/11/2014||James W Harris||Director||Sell||2,000||$36.66||$73,320.00|| |
|6/27/2014||David G Carpenter||EVP||Sell||15,000||$39.05||$585,750.00|| |
|5/12/2014||Hector Puente||EVP||Sell||1,950||$37.00||$72,150.00|| |
|5/23/2013||James W Harris||Director||Sell||2,000||$36.30||$72,600.00|| |
|5/6/2013||Woody L Hunt||Director||Buy||3,000||$38.39||$115,170.00|| |
|11/19/2012||David G Carpenter||CFO||Buy||2,000||$30.80||$61,600.00|| |
Headline Trends for El Paso Electric Company (NYSE:EE)
Latest Headlines for El Paso Electric Company (NYSE:EE)
El Paso Electric Company (EE) Chart for Sunday, September, 24, 2017