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Last $23.86 USD
Change Today +0.34 / 1.45%
Volume 250.7K
EDE On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

empire district electric co (EDE) Snapshot

Open
$23.58
Previous Close
$23.52
Day High
$24.14
Day Low
$23.54
52 Week High
01/28/15 - $31.49
52 Week Low
05/20/14 - $23.23
Market Cap
1.0B
Average Volume 10 Days
211.7K
EPS TTM
$1.41
Shares Outstanding
43.4M
EX-Date
05/28/15
P/E TM
16.9x
Dividend
$1.04
Dividend Yield
4.32%
Current Stock Chart for EMPIRE DISTRICT ELECTRIC CO (EDE)

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empire district electric co (EDE) Details

The Empire District Electric Company, together with its subsidiaries, generates, purchases, transmits, distributes, and sells electricity in Missouri, Kansas, Oklahoma, and Arkansas. It operates in three segments: Electric, Gas, and Other. The Electric segment generates electricity from coal, natural gas, and hydro plants; and provides water service to 3 towns in Missouri. As of December 31, 2014, this segment served approximately 170,000 customers, which comprise residential, commercial, industrial, wholesale on-system, and wholesale off-system, as well as public authorities. It owned generating facilities with an aggregate generating capacity of 1,326 megawatts; transmission system consisting of approximately 22 miles of 345 kV lines, 441 miles of 161 kV lines, 745 miles of 69 kV lines, and 81 miles of 34.5 kV lines; and distribution system comprising approximately 6,911 miles of lines. This segment also owns and operates water pumping facilities and distribution systems consisting of a total of approximately 96 miles of water mains in 3 communities in Missouri. The Gas segment distributes natural gas to 48 communities and 422 transportation customers in northwest, north central, and west central Missouri. This segment serves approximately 43,500 customers. As of December 31, 2014, its principal gas utility properties consisted of approximately 87 miles of transmission mains and approximately 1,175 miles of distribution mains. The Other segment is involved in leasing fiber optics cable and equipment. The Empire District Electric Company was founded in 1909 and is based in Joplin, Missouri.

751 Employees
Last Reported Date: 02/20/15
Founded in 1909

empire district electric co (EDE) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $510.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $290.0K
Chief Operating Officer of Electric and Vice ...
Total Annual Compensation: $295.0K
Chief Operating Officer of Gas and Vice Presi...
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2014.

empire district electric co (EDE) Key Developments

The Empire District Electric Company Declares Quarterly Dividend, Payable on June 15, 2015; Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for the Year 2015

The Empire District Electric Company announced that at the Board of Directors meeting of the company held on April 30, 2015, the Directors declared a quarterly dividend of $0.26 per share. The dividend is payable June 15, 2015, to holders of record as of June 1, 2015. The company announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, electric revenues were $142.6 million compared to $153.1 million a year ago. Operating income was $24.7 million compared to $29.5 million a year ago. Net income was $14.6 million or $0.34 per share compared to $20.9 million or $0.48 per share a year ago. The company estimates the net impact of the milder winter weather and other volumetric factors for electric segment compared to last year decreased revenue about $6.2 million, reducing margin by an estimated $0.06 per share. The volumetric change was driven by a combination of lower sales due to milder weather, offset by higher commercial and industrial sales, including positive impacts from the construction and opening of the new Mercy Hospital. The company’s full-year 2015 weather normal earnings guidance range of $1.30 to $1.45 per share, provided in February 2015, remains unchanged.

The Empire District Electric Company, Board Meeting, Apr 30, 2015

The Empire District Electric Company, Board Meeting, Apr 30, 2015. Agenda: To declared a quarterly dividend of $0.26 per share.

The Empire District Electric Company to Report Q1, 2015 Results on Apr 30, 2015

The Empire District Electric Company announced that they will report Q1, 2015 results at 8:36 PM, GMT Standard Time on Apr 30, 2015

 

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Industry Analysis

EDE

Industry Average

Valuation EDE Industry Range
Price/Earnings 16.7x
Price/Sales 1.6x
Price/Book 1.3x
Price/Cash Flow 7.5x
TEV/Sales 0.3x
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