TECO Energy, Inc. (TECO Energy) is a holding company for regulated utilities and other businesses. TECO Energy holds all of the common stock of Tampa Electric Company (TEC) and through its subsidiary, New Mexico Gas Intermediate, Inc. (NMGI), owns New Mexico Gas Company, Inc. (NMGC). The Company's segments include Tampa Electric, Peoples Gas System (PGS) and NMGC. Its Tampa Electric division is engaged in the generation, purchase, transmission, distribution and sale of electric energy. The retail territory served comprises an area of approximately 2,000 square miles in West Central Florida. PGS, the gas division of TEC, is engaged in the purchase, distribution and sale of natural gas for residential, commercial, industrial and electric power generation customers in the state of Florida. NMGC is engaged in the purchase, distribution and sale of natural gas for residential, commercial and industrial customers in the state of New Mexico.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Electric Utilities - NEC
- Sub-Industry: Multi-Utilities
- Symbol: NYSE:TE
- CUSIP: 87237510
- Web: www.tecoenergy.com/
- 50 Day Moving Avg: $27.60
- 200 Day Moving Avg: $27.39
- 52 Week Range: $17.95 - $27.83
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 21.43
- P/E Growth: 0.00
- Net Margins: 0.84%
- Return on Equity: 0.85%
- Return on Assets: 0.24%
- Average Volume: 2.21 million shs.
- Beta: 0.37
Frequently Asked Questions for TECO Energy (NYSE:TE)
What is TECO Energy's stock symbol?
TECO Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "TE."
How were TECO Energy's earnings last quarter?
TECO Energy, Inc. (NYSE:TE) issued its earnings results on Thursday, May, 5th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.04. The firm earned $659.50 million during the quarter, compared to the consensus estimate of $652.24 million. TECO Energy had a net margin of 0.84% and a return on equity of 0.85%. The business's quarterly revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 earnings per share. View TECO Energy's Earnings History.
Who are some of TECO Energy's key competitors?
Some companies that are related to TECO Energy include Duke Energy Corporation (DUK), Dominion Energy (D), Southern Company (The) (SO), Pacific Gas & Electric Co. (PCG), Exelon Corporation (EXC), American Electric Power Company (AEP), Korea Electric Power Corporation (KEP), Edison International (EIX), Consolidated Edison (ED), Xcel Energy (XEL), Public Service Enterprise Group Incorporated (PEG), WEC Energy Group (WEC), Eversource Energy (ES), DTE Energy Company (DTE), Sse Plc (SSE), FirstEnergy Corporation (FE), Entergy Corporation (ETR) and Enersis Americas S.A. (ENIA).
Who owns TECO Energy stock?
TECO Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Smith Shellnut Wilson LLC ADV (0.00%). Company insiders that own TECO Energy stock include Charles A Attal III, John B Ramil, Paul L Whiting, Phil L Barringer, Jr and Sherrill W Hudson. View Institutional Ownership Trends for TECO Energy.
Who bought TECO Energy stock? Who is buying TECO Energy stock?
How do I buy TECO Energy stock?
Shares of TECO Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TECO Energy's stock price today?
MarketBeat Community Rating for TECO Energy (NYSE TE)MarketBeat's community ratings are surveys of what our community members think about TECO Energy 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.
One share of TECO Energy stock can currently be purchased for approximately $27.64.
Consensus Ratings for TECO Energy (NYSE:TE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for TECO Energy (NYSE:TE)
(Data available from 7/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/8/2015||BMO Capital Markets||Reiterated Rating||Market Perform||$27.00||N/A|
|9/8/2015||Mizuho||Downgrade||Buy -> Neutral||$24.00 -> $27.50||N/A|
Earnings History for TECO Energy (NYSE:TE)Earnings History by Quarter for TECO Energy (NYSE TE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/5/2016||Q116||$0.27||$0.31||$652.24 million||$659.50 million||View||N/A|
|2/4/2016||Q415||$0.23||$0.23||$658.88 million||$676.10 million||View||N/A|
|11/5/2015||Q315||$0.33||$0.33||$689.39 million||$693.80 million||View||N/A|
|8/5/2015||Q215||$0.27||$0.26||$667.00 million||$680.60 million||View||Listen|
|4/28/2015||Q1||$0.28||$0.28||$647.07 million||$693.00 million||View||N/A|
|2/9/2015||Q414||$0.21||$0.19||$612.04 million||$695.50 million||View||N/A|
|10/31/2014||Q314||$0.32||$0.32||$853.40 million||$687.20 million||View||N/A|
|7/31/2014||Q214||$0.27||$0.28||$754.90 million||$726.30 million||View||Listen|
|4/29/2014||Q114||$0.23||$0.23||$680.82 million||$684.10 million||View||Listen|
|1/30/2014||Q413||$0.21||$0.21||$685.70 million||$688.40 million||View||Listen|
|10/31/2013||Q313||$0.33||$0.29||$818.70 million||$765.90 million||View||Listen|
|8/1/2013||Q2 2013||$0.26||$0.24||$726.15 million||$735.90 million||View||Listen|
|4/30/2013||Q1 2013||$0.17||$0.19||$685.59 million||$661.10 million||View||Listen|
|2/5/2013||Q4 2012||$0.20||$0.21||$711.32 million||$688.40 million||View||Listen|
|11/1/2012||Q312||$0.37||$0.42||$834.97 million||$858.60 million||View||N/A|
Earnings Estimates for TECO Energy (NYSE:TE)
2017 EPS Consensus Estimate: $1.29
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for TECO Energy (NYSE:TE)
|Most Recent Dividend:||8/26/2016|
|Dividend Growth:||-19.40% (3 Year Average)|
|Payout Ratio:||0.00% (Based on This Year's Estimates)|
0.00% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for TECO Energy (NYSE TE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TECO Energy (NYSE:TE)Insider Trades by Quarter for TECO Energy (NYSE:TE)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/16/2016||John B Ramil||CEO||Sell||117,286||$27.20||$3,190,179.20|| |
|2/9/2016||Sherrill W. Hudson||Director||Sell||138,200||$27.25||$3,765,950.00|| |
|2/8/2016||Phil L. Barringer, Jr.||VP||Sell||6,650||$27.25||$181,212.50|| |
|11/23/2015||Paul L Whiting||Director||Buy||2,100||$26.27||$55,167.00|| |
|11/10/2015||Charles A. Attal III||VP||Sell||8,900||$26.64||$237,096.00|| |
|7/16/2015||John B Ramil||CEO||Sell||72,450||$20.47||$1,483,051.50|| |
|6/16/2015||John B Ramil||CEO||Sell||21,770||$17.71||$385,546.70|| |
|3/13/2015||Clark Taylor||Insider||Sell||11,350||$18.77||$213,039.50|| |
|12/10/2013||Sandra Callahan||CFO||Sell||8,656||$17.08||$147,844.48|| |
|5/28/2013||Deirdre A Brown||VP||Buy||2,250||$17.75||$39,937.50|| |
|5/8/2013||Gordon L Gillette||Insider||Sell||50,000||$19.03||$951,500.00|| |
|5/7/2013||Deirdre A Brown||VP||Sell||14,750||$19.00||$280,250.00|| |
|5/7/2013||Paul L Whiting||Director||Sell||41,920||$18.99||$796,060.80|| |
Headline Trends for TECO Energy (NYSE:TE)
Latest Headlines for TECO Energy (NYSE:TE)
TECO Energy (TE) Chart for Wednesday, July, 26, 2017