On 2016-07-22, El Paso Electric Company (NYSE:EE) confirmed the dividend disbursement of $0.31 a share to shareholders as on record 2016-09-14. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-12.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, El Paso Electric Company (NYSE:EE) paid a total of $0.31 per share in dividends. This figure stood at $0.31 a share in the same period a year ago indicating a deviation of 5.4299%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $52.25 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $52.5 and $52, respectively.
Taking the mathematical rating formula, the price for El Paso Electric Company (NYSE:EE) stands at 1.67. Earnings Review El Paso Electric Company (NYSE:EE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $1.9.
Coming to the quarter ending on 2015-12-31, El Paso Electric Company (NYSE:EE) recorded EPS of $0.55. The reported numbers came lower than the analysts’ estimates of $0.45, demonstrating a miss of $0.1 as against reported figures.
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