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
Current SymbolNYSE:EE
Previous Symbol
CUSIP28367785
Phone915-543-5711
Debt
Debt-to-Equity Ratio1.16
Current Ratio0.98
Quick Ratio0.72
Price-To-Earnings
Trailing P/E Ratio23.55
Forward P/E Ratio23.46
P/E Growth5.16
Sales & Book Value
Annual Sales$916.80 million
Price / Sales2.53
Cash Flow$6.0063 per share
Price / Cash9.49
Book Value$29.42 per share
Price / Book1.94
Profitability
EPS (Most Recent Fiscal Year)$2.42
Net Income$98.26 million
Net Margins11.67%
Return on Equity9.19%
Return on Assets2.97%
Miscellaneous
Employees1,100
Outstanding Shares40,690,000
Market Cap$2.38 billion
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 Thursday, July 19th. Stockholders 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 annualized dividend and a dividend yield of 2.53%. The ex-dividend date 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) posted its quarterly earnings results on Thursday, November, 1st. The utilities provider reported $1.79 EPS for the quarter, topping the Zacks' 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 earnings per share estimate of $2.45.
What price target have analysts set for EE?
3 Wall Street analysts have issued 1 year price targets for El Paso Electric's stock. Their forecasts range from $49.00 to $58.00. On average, they expect El Paso Electric's share price to reach $52.6667 in the next year. This suggests that the stock has a possible downside of 7.6%. 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 stories about EE stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. El Paso Electric earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.
Who are some of El Paso Electric's key competitors?
Some companies that are related to El Paso Electric include Huaneng Power International (HNP), Enel Americas (ENIA), CHINA RESOURES/ADR (CRPJY), CENTRAIS ELETRI/S (EBR), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), Great Plains Energy (GXP), CPFL Energia (CPL), Brookfield Renewable Partners (BEP), IDACORP (IDA), Algonquin Power & Utilities (AQN), Enel Generacion Chile (EOCC), Enel Chile (ENIC), Portland General Electric (POR) and Hawaiian Electric Industries (HE).
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)
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Fuller & Thaler Asset Management Inc. (4.90%), Gabelli Funds LLC (4.66%), Jennison Associates LLC (3.65%), Gamco Investors INC. ET AL (3.50%) and FMR LLC (3.34%). 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 FMR LLC, Victory Capital Management Inc., Jennison Associates LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Alliancebernstein L.P., Congress Asset Management Co. MA and Fuller & Thaler Asset Management Inc.. View Insider Buying and Selling for El Paso Electric.
Which major investors are buying El Paso Electric stock?
EE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Assenagon Asset Management S.A., Man Group plc, Panagora Asset Management Inc., First Trust Advisors LP, Dalton Greiner Hartman Maher & Co., Bank of New York Mellon Corp and Dynamic Technology Lab Private Ltd. 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 $57.00.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $2.38 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.
