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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
MarketBeat Week in Review – 3/20 - 3/24
Modern Day Options Trading For Beginners! (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Chad nationalizes assets by oil giant Exxon, says government
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
MarketBeat Week in Review – 3/20 - 3/24
Modern Day Options Trading For Beginners! (Ad)pixel
Bank failures and rescue test Yellen's decades of experience
Chad nationalizes assets by oil giant Exxon, says government
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
The Bottom Is In For Accenture
Modern Day Options Trading For Beginners! (Ad)pixel
Jet pitched wildly, killing 1, amid cockpit warnings: NTSB
MarketBeat Week in Review – 3/20 - 3/24
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TSE:EMP.A

Empire - EMP.A Stock Forecast, Price & News

C$33.91
+0.06 (+0.18%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
C$33.69
C$34.00
50-Day Range
C$33.51
C$38.29
52-Week Range
C$33.09
C$46.04
Volume
466,864 shs
Average Volume
422,878 shs
Market Capitalization
C$5.37 billion
P/E Ratio
13.30
Dividend Yield
1.95%
Price Target
C$40.50

Empire MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
19.4% Upside
C$40.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.01mentions of Empire in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$264,960 Sold Last Quarter
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.

1.83 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.

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EMP.A Stock News Headlines

TD Securities Trims Empire (TSE:EMP.A) Target Price to C$42.00
Empire (TSE:EMP.A) PT Lowered to C$41.00 at Desjardins
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.
Empire (TSE:EMP.A) PT Lowered to C$41.00 at CIBC
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.
See More Headlines
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EMP.A Company Calendar

Ex-Dividend for 1/31 Dividend
1/12/2023
Dividend Payable
1/31/2023
Today
3/25/2023

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$40.50
High Stock Price Forecast
C$42.50
Low Stock Price Forecast
C$37.00
Forecasted Upside/Downside
+19.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$681.60 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$31.01 billion
Cash Flow
C$1.33 per share
Book Value
C$20.09 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.37 billion
Optionable
Not Optionable
Beta
0.43

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?

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