NYSE:EE - El Paso Electric Stock Price, Forecast & News

El Paso Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "EE."

El Paso Electric declared a quarterly dividend on Thursday, October 17th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.385 per share on Friday, December 27th. This represents a $1.54 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, December 12th. View El Paso Electric's Dividend History.

El Paso Electric (NYSE:EE) posted its earnings results on Thursday, August, 2nd. The utilities provider reported $0.76 EPS for the quarter, missing analysts' consensus estimates of $0.88 by $0.12. The utilities provider had revenue of $236.80 million for the quarter. El Paso Electric had a net margin of 10.99% and a return on equity of 7.85%. During the same quarter last year, the company earned $0.89 earnings per share. View El Paso Electric's Earnings History.

El Paso Electric is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for El Paso Electric.

3 brokerages have issued twelve-month price targets for El Paso Electric's stock. Their forecasts range from $53.00 to $58.00. On average, they anticipate El Paso Electric's share price to reach $55.33 in the next year. This suggests that the stock has a possible downside of 19.0%. View Analyst Price Targets 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 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for El Paso Electric.

News articles about EE stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. El Paso Electric earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for El Paso Electric.

El Paso Electric saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,060,000 shares, an increase of 6.0% from the January 15th total of 1,000,000 shares. Based on an average trading volume of 243,600 shares, the days-to-cover ratio is presently 4.4 days. Currently, 2.6% of the shares of the company are short sold. View El Paso Electric's Current Options Chain.

Some companies that are related to El Paso Electric include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Portland General Electric (POR).

Based on aggregate information from My MarketBeat watchlists, some companies that other El Paso Electric investors own include Altria Group (MO), AT&T (T), Verizon Communications (VZ), General Electric (GE), Cisco Systems (CSCO), AbbVie (ABBV), Dominion Energy (D), Energy Transfer LP Unit (ET), Southern (SO) and Kraft Heinz (KHC).

El Paso Electric's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gabelli Funds LLC (4.49%), State Street Corp (3.33%), Renaissance Technologies LLC (3.21%), CNH Partners LLC (1.98%), First Trust Advisors LP (1.74%) and Bank of New York Mellon Corp (1.47%). Company insiders that own El Paso Electric stock include Edward Escudero, Eric B Siegel and Stephen Wertheimer. View Institutional Ownership Trends for El Paso Electric.

EE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Gabelli Funds LLC, Jennison Associates LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Arizona State Retirement System, Citigroup Inc. and Ontario Teachers Pension Plan Board. Company insiders that have sold El Paso Electric company stock in the last year include Edward Escudero, Eric B Siegel and Stephen Wertheimer. View Insider Buying and Selling for El Paso Electric.

EE stock was purchased by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Beryl Capital Management LLC, State Street Corp, First Trust Advisors LP, Credit Suisse AG, Great West Life Assurance Co. Can, Bank of America Corp DE and UBS Group AG. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of EE stock can currently be purchased for approximately $68.34.

El Paso Electric has a market capitalization of $2.78 billion and generates $903.60 million in revenue each year. The utilities provider earns $84.32 million in net income (profit) each year or $2.33 on an earnings per share basis. El Paso Electric employs 1,100 workers across the globe.View Additional Information About El Paso Electric.

The official website for El Paso Electric is http://www.epelectric.com/.

El Paso Electric's mailing address is STANTON TOWER 100 NORTH STANTON STREET, EL PASO TX, 79901. The utilities provider can be reached via phone at 915-543-5711 or via email at [email protected]