S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
China July exports rise, with trade surplus at record-high
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
China July exports rise, with trade surplus at record-high
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
China July exports rise, with trade surplus at record-high
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
China July exports rise, with trade surplus at record-high
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
Shift in war's front seen as ships cleared to leave Ukraine
Transit woes mount for Boston's beleaguered subway riders
TSE:EMP.A

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

C$38.26
-0.57 (-1.47%)
(As of 08/5/2022 12:00 AM ET)
Add
Compare
Today's Range
C$38.07
C$38.98
50-Day Range
C$37.22
C$41.45
52-Week Range
C$36.20
C$46.04
Volume
248,360 shs
Average Volume
392,735 shs
Market Capitalization
C$6.25 billion
P/E Ratio
13.66
Dividend Yield
1.73%
Price Target
C$47.44

Empire MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
24.0% Upside
C$47.44 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Empire in the last 14 days
Based on 8 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.

1.85 out of 5 stars

Empire 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.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets decreased their price target on Empire from C$46.00 to C$44.00 in a report on Friday, June 10th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$47.44.

Empire Trading Down 1.5 %

EMP.A traded down C$0.57 during midday trading on Friday, reaching C$38.26. 248,360 shares of the company were exchanged, compared to its average volume of 392,735. The company has a debt-to-equity ratio of 145.35, a quick ratio of 0.35 and a current ratio of 0.76. Empire has a one year low of C$36.20 and a one year high of C$46.04. The stock has a market capitalization of C$6.25 billion and a P/E ratio of 13.66. The stock's 50-day simple moving average is C$39.88 and its 200 day simple moving average is C$41.05.

Empire Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 29th. Shareholders of record on Friday, July 29th were issued a dividend of $0.165 per share. The ex-dividend date was Thursday, July 14th. This represents a $0.66 dividend on an annualized basis and a yield of 1.73%. This is a boost from Empire's previous quarterly dividend of $0.15. Empire's dividend payout ratio (DPR) is 23.57%.

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EMP.A Stock News Headlines

Athlete | Empire: Ndamukong Suh - Bloomberg
Athlete | Empire: Steve Young - Bloomberg
See More Headlines

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EMP.A Company Calendar

Ex-Dividend for 7/29 Dividend
7/14/2022
Dividend Payable
7/29/2022
Today
8/07/2022

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$47.44
High Stock Price Forecast
C$50.00
Low Stock Price Forecast
C$44.00
Forecasted Upside/Downside
+24.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$30.27 billion
Cash Flow
C$3.10 per share
Book Value
C$19.00 per share

Miscellaneous

Free Float
N/A
Market Cap
C$6.25 billion
Optionable
Not Optionable
Beta
N/A














EMP.A Stock - Frequently Asked Questions

Should I buy or sell Empire stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Empire in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Empire stock.
View analyst ratings for Empire
or view top-rated stocks.

What is Empire's stock price forecast for 2022?

7 brokers have issued twelve-month target prices for Empire's shares. Their EMP.A stock forecasts range from C$44.00 to C$50.00. On average, they predict Empire's share price to reach C$47.44 in the next year. This suggests a possible upside of 24.0% from the stock's current price.
View analysts' price targets for Empire
or view top-rated stocks among Wall Street analysts.

How has Empire's stock performed in 2022?

Empire's stock was trading at C$38.54 at the beginning of 2022. Since then, EMP.A shares have decreased by 0.7% and is now trading at C$38.26.
View the best growth stocks for 2022 here
.

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

Empire announced a quarterly dividend on Thursday, July 14th. Shareholders of record on Friday, July 29th will be given a dividend of 0.165 per share on Friday, July 29th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Thursday, July 14th. This is a boost from Empire's previous quarterly dividend of C$0.15.
View Empire's dividend history
.

Is Empire a good dividend stock?

Empire(TSE:EMP.A) pays an annual dividend of C$0.66 per share and currently has a dividend yield of 1.73%. The dividend payout ratio of Empire is 23.57%. This payout ratio is at a healthy, sustainable level, below 75%.
View Empire's dividend history.

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 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$38.26.

How much money does Empire make?

Empire (TSE:EMP.A) has a market capitalization of C$6.25 billion and generates C$30.27 billion in revenue each year.

How many employees does Empire have?

Empire 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 Empire is www.empireco.ca. The company can be reached via phone at +1-902-7554440.

This page (TSE:EMP.A) was last updated on 8/7/2022 by MarketBeat.com Staff

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