TSE:EMP.A Empire - EMP.A Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Empire Company Limited Please log in to your account or sign up in order to add this asset to your watchlist. C$33.91 +0.06 (+0.18%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$33.69▼C$34.0050-Day RangeC$33.51▼C$38.2952-Week RangeC$33.09▼C$46.04Volume466,864 shsAverage Volume422,878 shsMarket CapitalizationC$5.37 billionP/E Ratio13.30Dividend Yield1.95%Price TargetC$40.50 ProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesSocial Media Empire MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside19.4% UpsideC$40.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.01Based on 3 Articles This WeekInsider TradingSelling SharesC$264,960 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 stars 2.4 Analyst's Opinion Consensus RatingEmpire has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$40.50, Empire has a forecasted upside of 19.4% from its current price of C$33.91.Amount of Analyst CoverageEmpire has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for EMP.A. Previous Next 1.7 Dividend Strength Dividend YieldEmpire pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmpire does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Empire is 25.88%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EMP.A. Previous Next 1.7 News and Social Media Coverage News SentimentEmpire has a news sentiment score of -0.01. 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 0.37 average news sentiment score of Consumer Defensive companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Empire this week, compared to 5 articles on an average week.Search Interest3 people have searched for EMP.A on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Empire insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$264,960.00 in company stock.Percentage Held by InsidersOnly 1.82% of the stock of Empire is held by insiders.Percentage Held by Institutions41.21% of the stock of Empire is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Empire is 13.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire is 13.30, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 252.96.Price to Earnings Growth RatioEmpire has a PEG Ratio of 16.20. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEmpire has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Empire (TSE:EMP.A) StockEmpire 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.Read More 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. Email Address EMP.A Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comTD Securities Trims Empire (TSE:EMP.A) Target Price to C$42.00March 20, 2023 | americanbankingnews.comEmpire (TSE:EMP.A) PT Lowered to C$41.00 at DesjardinsMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 20, 2023 | americanbankingnews.comEmpire (TSE:EMP.A) PT Lowered to C$41.00 at CIBCNovember 19, 2022 | finance.yahoo.comA Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)October 25, 2022 | theglobeandmail.comCanada’s competition watchdog to study grocery sector as inflation hits shoppersOctober 20, 2022 | finance.yahoo.comEmpire Company Limited's (TSE:EMP.A) largest shareholders are individual investors with 42% ownership, private companies own 36% - Yahoo FinanceOctober 19, 2022 | moodys.comMoody's assigns A3 to Mountain Empire USD, CA's GOULT Bonds, Election of 2018, Series 2022 - Moody'sMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.October 19, 2022 | businesswire.comEmpire Petroleum Expands Executive Management Team - Business WireOctober 19, 2022 | finance.yahoo.comEmpire State Realty Trust Achieves Top GRESB 5 Star Rating for Third Consecutive Year; Named Global, Americas Regional, and Americas Regional Listed Sector Leader for Office - Yahoo FinanceOctober 18, 2022 | thestreet.comCelebrity Chef Expands His Las Vegas Strip Empire - TheStreetOctober 18, 2022 | nasdaq.comKroger's Expanding Empire: Is This Warren Buffett Stock a No-Brainer Buy? - NasdaqOctober 18, 2022 | fool.comKroger's Expanding Empire: Is This Warren Buffett Stock a No-Brainer Buy? - The Motley FoolOctober 17, 2022 | finance.yahoo.comMurdoch Plan to Reunite Empire Pushes Fox Down Most Since 2020 - Yahoo FinanceOctober 16, 2022 | bbc.comAlex Jones: Will a huge legal award crush his Infowars empire? - BBCOctober 15, 2022 | washingtonpost.comRupert Murdoch mulls new merger of Fox Corp, News Corp - The Washington PostOctober 14, 2022 | wsj.comRupert Murdoch Explores Reuniting His Media Empire by Recombining Fox and News Corp - WSJ - The Wall Street JournalOctober 13, 2022 | foxnews.comNew York Republicans demand Garland investigate Empire State AG Letitia James over Nikki Haley group tax leak - Fox NewsOctober 13, 2022 | cnn.comAlex Jones' conspiracy empire hangs in the balance after jury's nearly $1 billion award to Sandy Hook families - CNNOctober 12, 2022 | reuters.comSam Mendes' 'Empire of Light' a love letter to movies and his mother - Reuters.comOctober 11, 2022 | latimes.comFlash flood warning issued for Inland Empire storm - Los Angeles TimesOctober 11, 2022 | finance.yahoo.comBang Billionaire’s Empire of Caffeine Crashes Into Bankruptcy - Yahoo FinanceOctober 10, 2022 | abcnews.go.comBooks on empire, migrant crisis up for Baillie Gifford prize - ABC NewsOctober 10, 2022 | fortune.comThe Renault Nissan empire once held together by fugitive Carlos Ghosn may slowly be unraveling - FortuneOctober 9, 2022 | businessinsider.comPutin power over post-Soviet areas wanes as Ukraine invasion flounders - Business InsiderOctober 8, 2022 | cnn.com'Bling Empire' is still shining in its third season - CNNSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address EMP.A Company Calendar Ex-Dividend for 1/31 Dividend1/12/2023Dividend Payable1/31/2023Today3/25/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Grocery Stores Sub-IndustryN/A SectorConsumer Defensive Current SymbolTSE:EMP.A CUSIPN/A CIKN/A Webwww.empireco.ca Phone+1-902-7554440FaxN/AEmployees125,000Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$40.50 High Stock Price ForecastC$42.50 Low Stock Price ForecastC$37.00 Forecasted Upside/Downside+19.4%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.55 Trailing P/E Ratio13.30 Forward P/E Ratio10.98 P/E Growth16.2Net IncomeC$681.60 million Net Margins2.20% Pretax MarginN/A Return on Equity14.35% Return on Assets4.75% Debt Debt-to-Equity Ratio136.32 Current Ratio0.79 Quick Ratio0.29 Sales & Book Value Annual SalesC$31.01 billion Price / Sales0.17 Cash FlowC$1.33 per share Price / Cash Flow25.50 Book ValueC$20.09 per share Price / Book1.69Miscellaneous Outstanding Shares158,270,000Free FloatN/AMarket CapC$5.37 billion OptionableNot Optionable Beta0.43 Key ExecutivesMr. Michael Bennett Medline (Age 56)CEO, Pres & Director Mr. Michael H. Vels (Age 57)CFO & Exec. VP Mr. Clinton David KeayExec. VP of Technology & Transformation ManagementMr. Simon GagnéExec. VP of HRMs. Lyne CastonguayExec. VP of Store ExperienceKey CompetitorsNorth WestTSE:NWCMetroTSE:MRUPrimo WaterTSE:PRMWGeorge WestonTSE:WNAlimentation Couche-TardTSE:ATD.AView All CompetitorsInsidersSimon GagneSold 7,360 sharesTotal: C$264,960.00 ($36.00/share)Michael Bennett MedlineBought 9,700 shares on 9/19/2022Total: C$348,191.20 ($35.90/share)Pierre St-LaurentBought 1,387 shares on 9/19/2022Total: C$49,875.13 ($35.96/share)Douglas Bigler NathansonSold 11,321 sharesTotal: C$510,124.26 ($45.06/share)Pierre St-LaurentSold 7,995 sharesTotal: C$359,854.95 ($45.01/share)View All Insider Transactions EMP.A Stock - Frequently Asked Questions Should I buy or sell Empire stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EMP.A shares. View EMP.A analyst ratings or view top-rated stocks. What is Empire's stock price forecast for 2023? 4 Wall Street analysts have issued 1-year price targets for Empire's shares. Their EMP.A share price forecasts range from C$37.00 to C$42.50. On average, they expect the company's share price to reach C$40.50 in the next twelve months. This suggests a possible upside of 19.4% 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 start of the year. Since then, EMP.A stock has decreased by 4.9% and is now trading at C$33.91. View the best growth stocks for 2023 here. How often does Empire pay dividends? What is the dividend yield for Empire? Empire declared a quarterly dividend on Thursday, January 12th. Shareholders of record on Tuesday, January 31st will be given a dividend of 0.165 per share on Tuesday, January 31st. This represents a $0.66 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Thursday, January 12th. Read our dividend analysis for EMP.A. 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 1.92%. The dividend payout ratio is 25.88%. 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$33.91. How much money does Empire make? Empire (TSE:EMP.A) has a market capitalization of C$5.37 billion and generates C$31.01 billion in revenue each year. The company earns C$681.60 million in net income (profit) each year or C$2.55 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 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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