NYSE:ELP

Companhia Paranaense de Energia - COPEL (ELP) Stock Forecast, Price & News

$8.77

+0.09 (+1.04%)

(As of 09/29/2023 ET)

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Today's Range: $8.72
▼
$8.89
50-Day Range: $8.30
▼
$9.24
52-Week Range: $5.78
▼
$9.30

Volume: 2.23 million shs
Average Volume: 700,594 shs
Market Capitalization: $4.80 billion

P/E Ratio: N/A
Dividend Yield: 1.25%
Price Target: N/A

Companhia Paranaense de Energia - COPEL MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.38% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.17
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.02%
From $0.57 to $0.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.58 out of 5 stars

Utilities Sector

83rd out of 88 stocks

Electric Services Industry

41st out of 42 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Companhia Paranaense de Energia - COPEL.

3.0

Short Interest

Percentage of Shares Shorted
0.38% of the float of Companhia Paranaense de Energia - COPEL has been sold short.
Short Interest Ratio / Days to Cover
Companhia Paranaense de Energia - COPEL has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Companhia Paranaense de Energia - COPEL has recently increased by 5.88%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Companhia Paranaense de Energia - COPEL pays a meaningful dividend of 1.23%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Companhia Paranaense de Energia - COPEL has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, Companhia Paranaense de Energia - COPEL will have a dividend payout ratio of 18.03% next year. This indicates that Companhia Paranaense de Energia - COPEL will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ELP.

2.3

News and Social Media Coverage

News Sentiment
Companhia Paranaense de Energia - COPEL has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Companhia Paranaense de Energia - COPEL this week, compared to 1 article on an average week.
Search Interest
3 people have searched for ELP on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Companhia Paranaense de Energia - COPEL insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 3.98% of the stock of Companhia Paranaense de Energia - COPEL is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Companhia Paranaense de Energia - COPEL are expected to grow by 7.02% in the coming year, from $0.57 to $0.61 per share.
Price to Earnings Growth Ratio
Companhia Paranaense de Energia - COPEL has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Companhia Paranaense de Energia - COPEL has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Companhia Paranaense de Energia - COPEL (NYSE:ELP) Stock

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments. It is also involved in the piped natural gas distribution. The company operates hydroelectric, wind, and thermoelectric plants; and owns and operates transmission and distribution lines. It holds concessions to distribute electricity in municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.Companhia Paranaense de Energia - COPEL Operates as a subsidiary of Governo Do Estado Do Parana.

ELP Price History

30 days | 90 days | 365 days | Advanced Chart

ELP Stock News Headlines

September 22, 2023 | msn.com

Não há perspectivas de receitas com Copel entrarem no fiscal de 2023, diz secretária do Tesouro

September 22, 2023 | msn.com

Para analistas, Copel deve continuar ganhando eficiência com foco em energia elétrica

September 30, 2023 | Behind the Markets (Ad)

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September 21, 2023 | americanbankingnews.com

Companhia Paranaense de Energia - COPEL (NYSE:ELP) Sets New 12-Month High at $9.30

September 21, 2023 | msn.com

Copel aprova contratação de assessoria para desinvestimento na Compagas

September 5, 2023 | msn.com

Eletrobras vende participação na Copel

September 4, 2023 | msn.com

Eletrobras confirma venda de participação total na Copel por R$ 125,3 milhões

September 4, 2023 | msn.com

Eletrobras confirma venda de sua participação total na Copel por R$ 125,3 milhões

September 30, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

August 25, 2023 | msn.com

Copel lança PDV com orçamento máximo de R$ 300 milhões

August 25, 2023 | msn.com

Copel lança programa de demissão voluntária com orçamento de até R$ 300 milhões em indenizações

August 10, 2023 | finance.yahoo.com

Here's Why Momentum in Paranaense de Energia (ELP) Should Keep going

August 9, 2023 | msn.com

Copel avança com processo de privatização

August 8, 2023 | finance.yahoo.com

Brazil State to Sell Copel’s Control in $1.1 Billion Offer

August 3, 2023 | msn.com

TCU aprova pagamento de R$ 3,7 bi pela Copel para renovação de concessões e destrava privatização

August 2, 2023 | finance.yahoo.com

Sale to Take Brazil’s Copel Private Draws Early Interest from GQG, Zimmer

July 26, 2023 | seekingalpha.com

Copel launches $1B privatization stock offering

July 21, 2023 | finance.yahoo.com

Here's What Could Help Paranaense de Energia (ELP) Maintain Its Recent Price Strength

July 20, 2023 | seekingalpha.com

ELP Companhia Paranaense de Energia - COPEL

July 5, 2023 | msn.com

Ministro do TCU pede vista e adia avaliação de bônus de outorga de usinas da Copel

July 4, 2023 | finance.yahoo.com

What Makes Paranaense de Energia (ELP) a Good Fit for 'Trend Investing'

June 20, 2023 | msn.com

Aneel aprova reajuste médio de 10,50% nas tarifas da Copel

May 11, 2023 | seekingalpha.com

Companhia Paranaense de Energia - COPEL (ELP) Q1 2023 Earnings Call Transcript

May 11, 2023 | seekingalpha.com

Companhia Paranaense de Energia - COPEL 2023 Q1 - Results - Earnings Call Presentation

April 25, 2023 | msn.com

CVM absolve dois ex-executivos da Copel em caso de suposto desenquadramento de fundos

April 11, 2023 | msn.com

Itaú e Paraná fecham acordo de R$1,7 bi no STF envolvendo Copel

April 11, 2023 | msn.com

Copel pagará R$ 3,7 bi para renovar concessão de 3 hidrelétricas

See More Headlines

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ELP Company Calendar

Last Earnings: 3/28/2017
Today: 9/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Electric services
Sub-Industry: N/A
Sector: Utilities
Current Symbol: NYSE:ELP
CUSIP: N/A
CIK: 924250
Web: www.copel.com
Phone: 554132222027
Fax: 55-41-3331-4145
Employees: 5,875
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.39
P/E Growth: 3.22
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 1.47
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $21.97 billion
Price / Sales: 0.22
Cash Flow: $0.90 per share
Price / Cash Flow: 9.78
Book Value: $7.48 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 547,311,000
Free Float: 547,311,000
Market Cap: $4.80 billion
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. Daniel Pimentel Slaviero (Age 43)
CEO & Member of Exec. Board

Mr. Adriano Rudek de Moura (Age 61)
Chief Financial & Investor Relations Officer and Member of Exec. Board

Mr. Vicente Loiacono Neto Neto (Age 40)
Chief Governance, Risk & Compliance Officer and Member of Exec. Board

Ms. Ana Leticia Feller (Age 46)
Chief Bus. Management Officer & Member of Exec. Board

Mr. Eduardo Vieira de Souza Barbosa (Age 41)
Chief Legal & Institutional Relations Officer and Member of Exec. Board

David Campos (Age 54)
Chief Assistant Communications Officer & Member of Exec. Board

Mr. Cassio Santana da Silva (Age 45)
Chief Bus. Devel. Officer & Member of Exec. Board

Ms. Denise Teixeira Gomes
Sec.

Maximiliano Andres Orfali
Chief Exec. Officer of Copel Distribuição S.A.

Moacir Carlos Bertol
CEO of Copel Geração e Transmissão SA

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ELP Stock - Frequently Asked Questions

Should I buy or sell Companhia Paranaense de Energia - COPEL stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Companhia Paranaense de Energia - COPEL in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELP shares.
View ELP analyst ratings or view top-rated stocks.
How have ELP shares performed in 2023?: Companhia Paranaense de Energia - COPEL's stock was trading at $7.19 at the beginning of 2023. Since then, ELP stock has increased by 22.0% and is now trading at $8.77.
View the best growth stocks for 2023 here.
Are investors shorting Companhia Paranaense de Energia - COPEL?: Companhia Paranaense de Energia - COPEL saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,260,000 shares, an increase of 5.9% from the August 31st total of 1,190,000 shares. Based on an average daily trading volume, of 522,700 shares, the short-interest ratio is presently 2.4 days. Approximately 0.4% of the shares of the stock are sold short.
View Companhia Paranaense de Energia - COPEL's Short Interest.
How were Companhia Paranaense de Energia - COPEL's earnings last quarter?: Companhia Paranaense de Energia - COPEL (NYSE:ELP) posted its quarterly earnings results on Tuesday, March, 28th. The utilities provider reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.53 by $0.62. The utilities provider had revenue of $1.04 billion for the quarter.
How often does Companhia Paranaense de Energia - COPEL pay dividends? What is the dividend yield for Companhia Paranaense de Energia - COPEL?: Companhia Paranaense de Energia - COPEL announced a quarterly dividend on Thursday, September 21st. Stockholders of record on Tuesday, October 3rd will be given a dividend of $0.119 per share on Monday, December 11th. This represents a $0.48 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend is Monday, October 2nd.
Read our dividend analysis for ELP.
What ETFs hold Companhia Paranaense de Energia - COPEL's stock?: ETFs with the largest weight of Companhia Paranaense de Energia - COPEL (NYSE:ELP) stock in their portfolio include Virtus Real Asset Income ETF (VRAI).SPDR S&P Kensho Clean Power ETF (CNRG).
Is Companhia Paranaense de Energia - COPEL a good dividend stock?: Companhia Paranaense de Energia - COPEL (NYSE:ELP) pays an annual dividend of $0.99 per share and currently has a dividend yield of 1.20%.
Read our dividend analysis for ELP.

What is Raul Munhoz Neto's approval rating as Companhia Paranaense de Energia - COPEL's CEO?: 1 employees have rated Companhia Paranaense de Energia - COPEL Chief Executive Officer Raul Munhoz Neto on Glassdoor.com. Raul Munhoz Neto has an approval rating of -100% among the company's employees. This puts Raul Munhoz Neto in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Companhia Paranaense de Energia - COPEL own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Companhia Paranaense de Energia - COPEL investors own include Gilead Sciences (GILD), Halliburton (HAL), JPMorgan Chase & Co. (JPM), Pfizer (PFE), CEMIG (CIG), General Electric (GE), Marathon Petroleum (MPC), Wells Fargo & Company (WFC), Adobe (ADBE) and Cleveland-Cliffs (CLF).
What is Companhia Paranaense de Energia - COPEL's stock symbol?: Companhia Paranaense de Energia - COPEL trades on the New York Stock Exchange (NYSE) under the ticker symbol "ELP."
How do I buy shares of Companhia Paranaense de Energia - COPEL?: Shares of ELP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Companhia Paranaense de Energia - COPEL's stock price today?: One share of ELP stock can currently be purchased for approximately $8.77.
How much money does Companhia Paranaense de Energia - COPEL make?: Companhia Paranaense de Energia - COPEL (NYSE:ELP) has a market capitalization of $4.80 billion and generates $21.97 billion in revenue each year.
How many employees does Companhia Paranaense de Energia - COPEL have?: The company employs 5,875 workers across the globe.
How can I contact Companhia Paranaense de Energia - COPEL?: Companhia Paranaense de Energia - COPEL's mailing address is RUA CORONEL DULCIDIO 800, CURITIBA D5, 80420. The official website for the company is www.copel.com. The utilities provider can be reached via phone at 554132222027, via email at ri@copel.com, or via fax at 55-41-3331-4145.

This page (NYSE:ELP) was last updated on 9/30/2023 by MarketBeat.com Staff

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