S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
TSE:EMP.A

Empire (EMP.A) Stock Forecast, Price & News

C$36.66
-0.32 (-0.87%)
(As of 09/21/2023 ET)
Compare
Today's Range
C$36.62
C$37.23
50-Day Range
C$34.44
C$37.23
52-Week Range
C$33.09
C$38.36
Volume
352,897 shs
Average Volume
382,614 shs
Market Capitalization
C$5.57 billion
P/E Ratio
12.39
Dividend Yield
1.99%
Price Target
C$42.43

Empire MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.7% Upside
C$42.43 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Empire in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

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

1.87 out of 5 stars


EMP.A stock logo

About Empire (TSE:EMP.A) Stock

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises approximately 1,500 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawtons Drugs; and approximately 350 retail fuel locations. It also owns interest in Crombie Real Estate Investment Trust, an open-ended Canadian real estate investment trust to sell and leaseback a portfolio of 19 retail properties; and various equity accounted interests in Genstar real estate partnerships that develop residential real estate properties in Ontario, Western Canada, and the United States. The company was founded in 1907 and is headquartered in Stellarton, Canada.

EMP.A Price History

EMP.A Stock News Headlines

Empire (TSE:EMP.A) Price Target Raised to C$42.00 at Desjardins
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Empire (TSE:EMP.A) PT Raised to C$43.00
Scotiabank Raises Empire (TSE:EMP.A) Price Target to C$43.00
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Empire (TSE:EMP.A) PT Set at C$39.00 by BMO Capital Markets
Empire Co Cl A NV (EMP.A) Gets a Hold Rating from RBC Capital
Empire Co Cl A NV (EMP.A) Receives a Buy from Scotiabank
Grocer Empire reports Q1 profit and sales up from year ago
Empire Reports Fiscal 2024 First Quarter Results
Empire reports first-quarter profit and sales up from year ago
Closing Bell: Empire Company Ltd flat on Tuesday (EMP-A)
Empire Co Cl A NV (EMP.A) Gets a Hold Rating from BMO Capital
Canadian Market Flat In Cautious Trade
See More Headlines
Receive EMP.A Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Empire and its competitors with MarketBeat's FREE daily newsletter.

EMP.A Company Calendar

Ex-Dividend for 7/31 Dividend
7/13/2023
Dividend Payable
7/31/2023
Today
9/21/2023

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
125,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$42.43
High Stock Price Forecast
C$44.00
Low Stock Price Forecast
C$39.00
Forecasted Upside/Downside
+15.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$759.50 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$30.83 billion
Cash Flow
C$1.44 per share
Book Value
C$21.08 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.57 billion
Optionable
Not Optionable
Beta
0.45
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Michael Bennett Medline (Age 56)
    CEO, Pres & Director
  • Mr. Michael H. Vels (Age 57)
    CFO & Exec. VP
  • Mr. Clinton David Keay
    Exec. VP of Technology & Transformation Management
  • Mr. Simon Gagné
    Exec. VP of HR
  • Ms. Lyne Castonguay
    Exec. VP of Store Experience













EMP.A Stock - Frequently Asked Questions

Should I buy or sell Empire stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" EMP.A shares.
View EMP.A analyst ratings
or view top-rated stocks.

What is Empire's stock price forecast for 2023?

6 brokers have issued 12 month target prices for Empire's shares. Their EMP.A share price forecasts range from C$39.00 to C$44.00. On average, they predict the company's stock price to reach C$42.43 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts price targets for EMP.A
or view top-rated stocks among Wall Street analysts.

How have EMP.A shares performed in 2023?

Empire's stock was trading at C$35.66 at the beginning of 2023. Since then, EMP.A shares have increased by 2.8% and is now trading at C$36.66.
View the best growth stocks for 2023 here
.

How often does Empire pay dividends? What is the dividend yield for Empire?

Empire announced a quarterly dividend on Thursday, July 13th. Shareholders of record on Monday, July 31st will be paid a dividend of 0.1825 per share on Monday, July 31st. This represents a $0.73 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, July 13th. This is an increase from the stock's previous quarterly dividend of C$0.17.
Read our dividend analysis for EMP.A
.

Is Empire a good dividend stock?

Empire (TSE:EMP.A) pays an annual dividend of C$0.73 per share and currently has a dividend yield of 1.99%. The dividend payout ratio is 24.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EMP.A.

What is Empire's stock symbol?

Empire trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EMP.A."

How do I buy shares of Empire?

Shares of EMP.A stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Empire's stock price today?

One share of EMP.A stock can currently be purchased for approximately C$36.66.

How much money does Empire make?

Empire (TSE:EMP.A) has a market capitalization of C$5.57 billion and generates C$30.83 billion in revenue each year. The company earns C$759.50 million in net income (profit) each year or C$2.96 on an earnings per share basis.

How many employees does Empire have?

The company employs 125,000 workers across the globe.

How can I contact Empire?

Empire's mailing address is 115 King Street, STELLARTON, NS B0K 1S0, Canada. The official website for the company is www.empireco.ca. The company can be reached via phone at +1-902-7554440.

This page (TSE:EMP.A) was last updated on 9/22/2023 by MarketBeat.com Staff

My Account -