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

El Paso Electric's stock was trading at $67.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EE shares have decreased by 0.7% and is now trading at $67.26. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for El Paso Electric in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for El Paso Electric.

El Paso Electric is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for El Paso Electric.

El Paso Electric (NYSE:EE) announced its quarterly earnings results on Wednesday, February, 26th. The utilities provider reported $0.12 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.12. The utilities provider earned $190.10 million during the quarter. El Paso Electric had a net margin of 14.27% and a return on equity of 7.73%. View El Paso Electric's earnings history.

El Paso Electric announced a quarterly dividend on Friday, February 28th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.385 per share on Tuesday, March 31st. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Monday, March 16th. View El Paso Electric's dividend history.

1 equities research analysts have issued 1-year price targets for El Paso Electric's stock. Their forecasts range from $58.00 to $58.00. On average, they anticipate El Paso Electric's stock price to reach $58.00 in the next twelve months. This suggests that the stock has a possible downside of 13.8%. View analysts' price targets for El Paso Electric.

Headlines about EE stock have trended positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. El Paso Electric earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutEl Paso Electric.

El Paso Electric saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,462,000 shares, an increase of 31.7% from the February 27th total of 1,110,000 shares. Based on an average daily volume of 302,200 shares, the days-to-cover ratio is currently 4.8 days. Approximately 3.6% of the company's stock are sold short. 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), Edison International (EIX), FirstEnergy (FE), Entergy (ETR), PPL (PPL), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Hawaiian Electric Industries (HE).

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

El Paso Electric's stock is owned by many different institutional and retail investors. Top institutional shareholders include Gabelli Funds LLC (4.49%), State Street Corp (3.33%), Renaissance Technologies LLC (3.21%), Macquarie Group Ltd. (2.72%), Macquarie Group Ltd. (2.72%) and CNH Partners LLC (1.98%). 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, Kennedy Capital Management Inc., Jennison Associates LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, Arizona State Retirement System, and Citigroup Inc.. 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 activity for El Paso Electric.

EE stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Candriam Luxembourg S.C.A., Beryl Capital Management LLC, State Street Corp, First Trust Advisors LP, Macquarie Group Ltd., Macquarie Group Ltd., and Credit Suisse AG. View insider buying and selling activity 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 $67.26.

El Paso Electric has a market capitalization of $2.74 billion and generates $861.99 million in revenue each year. The utilities provider earns $123.04 million in net income (profit) each year or $2.25 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]