Companhia Paranaense de Energia - COPEL (ELP) Stock Price, News & Analysis

Company Overview

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments. It is also involved in the piped natural gas distribution. The company operates hydroelectric, wind, and thermoelectric plants; and owns and operates transmission and distribution lines. It holds concessions to distribute electricity in municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. Companhia Paranaense de Energia COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.Companhia Paranaense de Energia - COPEL Operates as a subsidiary of Governo Do Estado Do Parana.

Key Stats

• Today's Range: $5.91 to $5.98
• 50-Day Range: $5.76 to $7.01
• 52-Week Range: $5.72 to $8.91
• Volume: 198,133 shs
• Average Volume: 304,419 shs
• Market Capitalization: $3.26 billion
• P/E Ratio: 11.02
• Dividend Yield: 2.86%
• Price Target: N/A
• Consensus Rating: N/A

Companhia Paranaense de Energia - COPEL Stock Analysis - MarketRank™

Companhia Paranaense de Energia - COPEL scored higher than 48% of companies evaluated by MarketBeat, and ranked 74th out of 90 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Companhia Paranaense de Energia - COPEL.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 8.33%

Earnings Growth

Earnings for Companhia Paranaense de Energia - COPEL are expected to grow by 8.33% in the coming year, from $0.12 to $0.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Companhia Paranaense de Energia - COPEL is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Companhia Paranaense de Energia - COPEL is 11.02, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.88.

Price to Book Value per Share Ratio

Companhia Paranaense de Energia - COPEL has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.74% of the float of Companhia Paranaense de Energia - COPEL has been sold short.

Short Interest Ratio / Days to Cover

Companhia Paranaense de Energia - COPEL has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Companhia Paranaense de Energia - COPEL has recently increased by 36.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Companhia Paranaense de Energia - COPEL pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Companhia Paranaense de Energia - COPEL does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Companhia Paranaense de Energia - COPEL is 31.48%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Companhia Paranaense de Energia - COPEL will have a dividend payout ratio of 130.77% in the coming year. This indicates that Companhia Paranaense de Energia - COPEL may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.74% of the float of Companhia Paranaense de Energia - COPEL has been sold short.

Short Interest Ratio / Days to Cover

Companhia Paranaense de Energia - COPEL has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Companhia Paranaense de Energia - COPEL has recently increased by 36.88%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: -0.50

News Sentiment

Companhia Paranaense de Energia - COPEL has a news sentiment score of -0.50. 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 0.51 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Companhia Paranaense de Energia - COPEL this week, compared to 1 article on an average week.

Search Interest

1 people have searched for ELP on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Companhia Paranaense de Energia - COPEL insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 3.80% of the stock of Companhia Paranaense de Energia - COPEL is held by institutions.

ELP Stock Analysis - Frequently Asked Questions

How have ELP shares performed this year?

Companhia Paranaense de Energia - COPEL's stock was trading at $8.48 at the beginning of the year. Since then, ELP shares have decreased by 29.8% and is now trading at $5.95.
View the best growth stocks for 2024 here.

How were Companhia Paranaense de Energia - COPEL's earnings last quarter?

Companhia Paranaense de Energia - COPEL (NYSE:ELP) issued its earnings results on Wednesday, November, 6th. The utilities provider reported $0.07 earnings per share for the quarter. The utilities provider earned $1.03 billion during the quarter. Companhia Paranaense de Energia - COPEL had a trailing twelve-month return on equity of 11.88% and a net margin of 14.20%.

When did Companhia Paranaense de Energia - COPEL's stock split?

Companhia Paranaense de Energia - COPEL's stock split before market open on Friday, December 29th 2023. The 5-4 split was announced on Friday, December 29th 2023. The newly minted shares were distributed to shareholders after the market closes on Friday, December 29th 2023. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

Who are Companhia Paranaense de Energia - COPEL's major shareholders?

Companhia Paranaense de Energia - COPEL's top institutional investors include Robeco Institutional Asset Management B.V. (0.28%), SPX Gestao de Recursos Ltda (0.17%), Jane Street Group LLC (0.04%) and Trium Capital LLP (0.02%).

How do I buy shares of Companhia Paranaense de Energia - COPEL?

Shares of ELP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Companhia Paranaense de Energia - COPEL own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Companhia Paranaense de Energia - COPEL investors own include Devon Energy (DVN), Petróleo Brasileiro S.A. - Petrobras (PBR), Mplx (MPLX), Pfizer (PFE), APA (APA), Sibanye Stillwater (SBSW) and Ares Capital (ARCC).

Company Calendar

• Ex-Dividend for 12/9 Dividend: 10/02/2024
• Last Earnings: 11/06/2024
• Dividend Payable: 12/09/2024
• Ex-Dividend for 1/2 Dividend: 12/13/2024
• Today: 12/27/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric services
• Sub-Industry: Utilities
• Current Symbol: NYSE:ELP
• CUSIP: N/A
• CIK: 924250
• Web: www.copel.com
• Phone: 554132222027
• Fax: 55-41-3331-4145
• Employees: 5,954
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.54
• Trailing P/E Ratio: 10.98
• Forward P/E Ratio: 49.42
• P/E Growth: N/A
• Net Income: $452.44 million
• Net Margins: 14.20%
• Pretax Margin: 15.48%
• Return on Equity: 11.88%
• Return on Assets: 5.26%

Debt

• Debt-to-Equity Ratio: 0.51
• Current Ratio: 1.45
• Quick Ratio: 1.43

Sales & Book Value

• Annual Sales: $22.20 billion
• Price / Sales: 0.15
• Cash Flow: $1.17 per share
• Price / Cash Flow: 5.05
• Book Value: $8.85 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 547,311,000
• Free Float: 547,311,000
• Market Cap: $3.25 billion
• Optionable: Optionable
• Beta: 1.00