About El Paso Electric (NYSE:EE)
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
Industry UTIL-ELEC PWR
Trailing P/E Ratio20.3925619834711
Forward P/E Ratio19.15
Sales & Book Value
Annual Sales$916.80 million
Price / Sales2.19
Cash Flow$6.17 per share
Price / Cash8.01
Book Value$28.14 per share
Price / Book1.76
Net Income$98.26 million
Return on Equity8.39%
Return on Assets2.68%
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 announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 16th will be paid a dividend of $0.335 per share on Friday, March 30th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Thursday, March 15th. 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 data on Tuesday, February, 27th. The utilities provider reported $0.16 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.06. The utilities provider earned $196.10 million during the quarter, compared to analyst estimates of $234.32 million. El Paso Electric had a return on equity of 8.39% and a net margin of 10.13%. The company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. View El Paso Electric's Earnings History.
When will El Paso Electric make its next earnings announcement?
What guidance has El Paso Electric issued on next quarter's earnings?
El Paso Electric updated its FY18 earnings guidance on Tuesday, February, 27th. The company provided earnings per share guidance of $2.30-$2.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.63.
Where is El Paso Electric's stock going? Where will El Paso Electric's stock price be in 2018?
3 Wall Street analysts have issued twelve-month target prices for El Paso Electric's shares. Their predictions range from $54.00 to $62.00. On average, they expect El Paso Electric's stock price to reach $57.67 in the next year. View Analyst Ratings for El Paso Electric.
Who are some of El Paso Electric's key competitors?
Some companies that are related to El Paso Electric include Hawaiian Electric Industries (HE), ALLETE (ALE), Portland General Electric (POR), Avista (AVA), Companhia Energetica de Minas Gers CEMIG (CIG), NRG Yield, Inc. Class C (NYLD), PNM Resources (PNM), Black Hills (BKH), NorthWestern (NWE), Empresa Distribuidora y Cmrz Nrt (EDN), Companhia Paranaense de Energia (ELP), Atlantica Yield (AY), MGE Energy (MGEE), Dynegy (DYN), Pattern Energy Group (PEGI), Otter Tail (OTTR), TerraForm Power, Inc. New (TERP) and TransAlta (TAC).
Who are El Paso Electric's key executives?
El Paso Electric's management team includes the folowing people:
- Charles A. Yamarone, Independent Chairman of the Board (Age 58)
- Mary E. Kipp, President, Chief Executive Officer, Director (Age 49)
- Edward Escudero, Independent Vice Chairman of the Board (Age 46)
- Nathan T. Hirschi, Chief Financial Officer, Senior Vice President (Age 53)
- William A. Stiller, Chief Human Resource Officer, Senior Vice President - Public and Customer Affairs (Age 65)
- Rocky R. Miracle, Senior Vice President - Corporate Services, Chief Compliance Officer (Age 64)
- Steven T. Buraczyk, Senior Vice President - Operations (Age 49)
- Adrian J. Rodriguez, Vice President, General Counsel, Assistant Secretary (Age 39)
- Russell G. Gibson, Vice President, Controller (Age 64)
- Paul M. Barbas, Director (Age 60)
Has El Paso Electric been receiving favorable news coverage?
News coverage about EE stock has trended somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. El Paso Electric earned a media sentiment score of 0.09 on Accern's scale. They also gave news headlines about the utilities provider an impact score of 45.20 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.37%), Gabelli Funds LLC (4.69%), Jennison Associates LLC (4.25%), Gamco Investors INC. ET AL (3.73%), Macquarie Group Ltd. (2.82%) and Renaissance Technologies LLC (2.76%). 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 Millennium Management LLC, Martingale Asset Management L P, Bank of New York Mellon Corp, Gamco Investors INC. ET AL, Cornercap Investment Counsel Inc., Bessemer Group Inc., Boston Partners and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for El Paso Electric.
Which major investors are buying El Paso Electric stock?
EE stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Jennison Associates LLC, APG Asset Management N.V., BlackRock Inc., Deutsche Bank AG, Arizona State Retirement System, Peregrine Capital Management LLC and Wells Fargo & Company MN. 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 $49.40.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $2.01 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.
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 (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 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.
El Paso Electric (NYSE:EE) Earnings History and Estimates Chart
El Paso Electric (NYSE EE) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018||Q4 2017||$0.22||$0.16||$234.32 million||$196.10 million||View||N/A|
|11/1/2017||Q3 2017||$1.70||$1.47||$310.00 million||$297.47 million||View||N/A|
|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||$162.77 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|
El Paso Electric (NYSE:EE) Earnings Estimates
2018 EPS Consensus Estimate: $2.50
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
El Paso Electric (NYSE:EE) Dividend Information
|Dividend Growth:||6.00% (3 Year Average)|
|Payout Ratio:||55.37% (Trailing 12 Months of Earnings) |
51.94% (Based on This Year's Estimates)
50.57% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
El Paso Electric (NYSE:EE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
El Paso Electric (NYSE EE) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.29%
Institutional Ownership Percentage: 97.41%
El Paso Electric (NYSE EE) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|6/22/2017||Charles Yamarone||Director||Sell||3,500||$52.47||$183,645.00||10,000|| |
|12/13/2016||John Robert Brown||Director||Sell||10,500||$47.74||$501,270.00||35,000|| |
|5/11/2016||Charles Yamarone||Director||Sell||5,500||$45.16||$248,380.00||6,500|| |
|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||19,838|| |
|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|| |
El Paso Electric (NYSE EE) News Headlines
|Edited Transcript of EE earnings conference call or presentation 27-Feb-18 4:30pm GMT|
finance.yahoo.com - March 18 at 10:41 AM
|Financial Analysis: SCANA (SCG) versus El Paso Electric (EE)|
www.americanbankingnews.com - March 15 at 7:24 PM
|Research Analysts Issue Forecasts for El Paso Electric's FY2018 Earnings (EE)|
www.americanbankingnews.com - March 5 at 6:42 AM
|El Paso Electric (EE) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - March 5 at 1:48 AM
|Equities Analysts Offer Predictions for El Paso Electric's FY2020 Earnings (EE)|
www.americanbankingnews.com - March 2 at 5:10 PM
|El Paso Electric (EE) Holdings Lifted by Arizona State Retirement System|
www.americanbankingnews.com - March 1 at 4:34 AM
|Martingale Asset Management L P Has $4.76 Million Holdings in El Paso Electric (EE)|
www.americanbankingnews.com - February 28 at 11:12 AM
|El Paso Electric Announces Fourth Quarter and Annual 2017 Financial Results|
finance.yahoo.com - February 27 at 10:54 AM
|El Paso Electric Company to Host Earnings Call|
finance.yahoo.com - February 27 at 10:54 AM
|El Paso Electric (EE) Releases FY18 Earnings Guidance|
www.americanbankingnews.com - February 27 at 9:12 AM
|El Paso Electric (EE) Announces Earnings Results|
www.americanbankingnews.com - February 27 at 8:48 AM
|El Paso Electric (EE) Shares Bought by Schwab Charles Investment Management Inc.|
www.americanbankingnews.com - February 25 at 5:38 AM
|El Paso Electric (EE) Holdings Lifted by First Trust Advisors LP|
www.americanbankingnews.com - February 24 at 5:44 AM
|Fiat Chrysler (FCAU) and El Paso Electric (EE): Today's Bull & Bear|
www.msn.com - February 22 at 3:48 PM
|El Paso Electric (EE) Expected to Announce Earnings of $0.22 Per Share|
www.americanbankingnews.com - February 21 at 8:49 AM
|El Paso Electric (EE) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - February 20 at 1:56 AM
|El Paso Electric (EE) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - February 8 at 1:48 AM
|El Paso Electric (EE) Declares $0.335 Quarterly Dividend; 2.6% Yield|
www.streetinsider.com - February 3 at 5:25 PM
|El Paso Electric (EE) Plans Quarterly Dividend of $0.34|
www.americanbankingnews.com - February 1 at 4:38 PM
|El Paso Electric (EE) Lifted to Hold at Zacks Investment Research|
www.americanbankingnews.com - January 23 at 11:28 PM
|Report: Exploring Fundamental Drivers Behind The Chefs' Warehouse, Iridium Communications, MoSys, Milacron, El Paso Electric, and Taubman Centers — New Horizons, Emerging Trends, and Upcoming Developments|
finance.yahoo.com - January 17 at 9:07 AM
|El Paso Electric (EE) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - January 14 at 1:52 AM
|El Paso Electric Fourth Quarter Earnings Release Date and Conference Call Notification|
finance.yahoo.com - January 10 at 5:28 PM
|El Paso Electric (EE) Given Hold Rating at Mizuho|
www.americanbankingnews.com - January 10 at 8:20 AM
|EE Crosses Below Key Moving Average Level|
www.nasdaq.com - January 4 at 9:17 AM
|El Paso Electric Company (EE)|
finance.yahoo.com - January 4 at 9:17 AM
|El Paso Electric (EE) Lowered to "Hold" at ValuEngine|
www.americanbankingnews.com - December 29 at 10:54 PM
|Head-To-Head Analysis: Enel Americas (ENIA) and El Paso Electric (EE)|
www.americanbankingnews.com - December 27 at 1:20 PM
|Zacks Investment Research Downgrades El Paso Electric (EE) to Sell|
www.americanbankingnews.com - December 25 at 10:08 PM
|Contrasting El Paso Electric (EE) and CPFL Energia (CPL)|
www.americanbankingnews.com - December 22 at 11:32 AM
|El Paso Electric (EE) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - December 20 at 1:58 AM
|El Paso Electric Co. : EE-US: Dividend Analysis : December 15th, 2017 (record date) : By the numbers : December 18, 2017|
finance.yahoo.com - December 18 at 5:29 PM
|Public Utility Commission of Texas Approves Final Order in El Paso Electric Company’s Texas Rate Case Docket No. 46831|
finance.yahoo.com - December 14 at 6:02 PM
|ETFs with exposure to El Paso Electric Co. : December 14, 2017|
finance.yahoo.com - December 14 at 6:02 PM
|El Paso Electric Co. breached its 50 day moving average in a Bearish Manner : EE-US : December 13, 2017|
finance.yahoo.com - December 13 at 9:33 AM
|El Paso Electric Company (EE) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - November 25 at 2:14 AM
|El Paso Electric Company (EE) Downgraded by Bank of America Corporation|
www.americanbankingnews.com - November 22 at 8:20 AM
|El Paso Electric (EE) vs. Cleco Corporate Holdings (CNL) Financial Survey|
www.americanbankingnews.com - November 18 at 3:32 PM
|El Paso Electric Company (EE) Raised to "Buy" at ValuEngine|
www.americanbankingnews.com - November 11 at 7:00 PM
|El Paso Electric Co. 2017 Q3 - Results - Earnings Call Slides|
seekingalpha.com - November 10 at 7:10 PM
|One of the state’s largest utilities teams up with German co. to power nearly 2,000 homes|
finance.yahoo.com - November 10 at 7:10 PM
|Construction Begins on New Utility-Scale Solar Facility at Holloman Air Force Base|
finance.yahoo.com - November 9 at 1:27 AM
|El Paso Electric (EE) Presents At EEI Financial Conference - Slideshow|
seekingalpha.com - November 7 at 12:43 AM
|El Paso Electric Co. – Value Analysis (NYSE:EE) : November 6, 2017|
finance.yahoo.com - November 6 at 7:42 PM
|El Paso Electric Reaches Analyst Target Price|
www.thestreet.com - November 3 at 1:21 PM
|El Paso Electric Co. breached its 50 day moving average in a Bullish Manner : EE-US : November 3, 2017|
finance.yahoo.com - November 3 at 1:21 PM
|El Paso Electric Files Unopposed Settlement in Texas Rate Case Docket No. 46831|
finance.yahoo.com - November 2 at 7:14 PM
|El Paso Electric (EE) Misses Q3 EPS by 7c, Miss on Revenues; Offers FY17 EPS Outlook Below Consensus|
www.streetinsider.com - November 2 at 12:15 AM
|El Paso Electric Co Bottom Line Retreats 20% In Q3|
www.rttnews.com - November 2 at 12:15 AM
|El Paso Electric's (EE) CEO Mary Kipp on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 2 at 12:15 AM
El Paso Electric (NYSE:EE) SEC Filings
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El Paso Electric (NYSE:EE) Income Statement, Balance Sheet and Cash Flow Statement
El Paso Electric (NYSE EE) Stock Chart for Wednesday, March, 21, 2018