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
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Phone915-543-5711
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$916.80 million
Profitability
Miscellaneous
Employees1,100
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 announced a quarterly dividend on Thursday, January 31st. Investors of record on Friday, March 15th will be given a dividend of $0.36 per share on Friday, March 29th. This represents a $1.44 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Thursday, March 14th. View El Paso Electric's Dividend History.
How were El Paso Electric's earnings last quarter?
El Paso Electric (NYSE:EE) issued its earnings results on Thursday, August, 2nd. The utilities provider reported $0.76 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.88 by $0.12. The utilities provider earned $236.80 million during the quarter. El Paso Electric had a return on equity of 9.19% and a net margin of 11.67%. During the same quarter in the previous year, the business earned $0.89 earnings per share. View El Paso Electric's Earnings History.
When is El Paso Electric's next earnings date?
What price target have analysts set for EE?
3 brokerages have issued twelve-month price targets for El Paso Electric's shares. Their forecasts range from $49.00 to $58.00. On average, they anticipate El Paso Electric's stock price to reach $52.6667 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. 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 headlines about EE stock have trended somewhat negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. El Paso Electric earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect 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 CPFL Energia (CPL), OGE Energy (OGE), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), IDACORP (IDA), CEMIG (CIG), Enel Generacion Chile (EOCC), Portland General Electric (POR), Black Hills (BKH), Hawaiian Electric Industries (HE), PNM Resources (PNM), Ormat Technologies (ORA), Clearway Energy (CWEN) and CENTRAIS ELETRI/S (EBR.B).
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 52)
- Mr. Nathan T. Hirschi CPA, Sr. VP & CFO (Age 56)
- Mr. Steven T. Buraczyk, Sr. VP of Operations (Age 52)
- Mr. Rocky R. Miracle, Sr. VP of Corp. Devel. & Chief Compliance Officer (Age 66)
- Mr. William A. Stiller, Sr. VP & Chief HR Officer (Age 67)
Who are El Paso Electric's major shareholders?
El Paso Electric's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.18%), Gabelli Funds LLC (4.64%), Jennison Associates LLC (3.58%), Gamco Investors INC. ET AL (3.48%), Dimensional Fund Advisors LP (2.47%) and Macquarie Group Ltd. (2.46%). 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, Northern Trust Corp, Victory Capital Management Inc., Bank of America Corp DE, Wedge Capital Management L L P NC, Citigroup Inc., QS Investors LLC and Martingale Asset Management L P. View Insider Buying and Selling for El Paso Electric.
Which major investors are buying El Paso Electric stock?
EE stock was bought by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., BlackRock Inc., Investment Counselors of Maryland LLC, First Trust Advisors LP, Yaupon Capital Management LP, SG Americas Securities LLC, Nuveen Asset Management LLC and Squarepoint Ops LLC. 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 $53.38.
How big of a company is El Paso Electric?
El Paso Electric has a market capitalization of $2.17 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.
