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NYSE:ELP

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

Companhia Paranaense de Energia - COPEL logo
$5.89 +0.03 (+0.51%)
(As of 05:10 PM ET)

About Companhia Paranaense de Energia - COPEL Stock (NYSE:ELP)

Key Stats

Today's Range
$5.86
$5.91
50-Day Range
$5.76
$7.09
52-Week Range
$5.72
$8.91
Volume
91,813 shs
Average Volume
305,446 shs
Market Capitalization
$3.22 billion
P/E Ratio
10.91
Dividend Yield
2.89%
Price Target
N/A
Consensus Rating
N/A

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.

Companhia Paranaense de Energia - COPEL Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
47th Percentile Overall Score

ELP MarketRank™: 

Companhia Paranaense de Energia - COPEL scored higher than 47% of companies evaluated by MarketBeat, and ranked 70th out of 92 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

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

  • 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 10.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Companhia Paranaense de Energia - COPEL is 10.91, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.82.

  • 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.

  • Percentage of Shares Shorted

    0.54% 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 1.4, 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 26.22%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Companhia Paranaense de Energia - COPEL pays a meaningful dividend of 2.90%, 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.

  • Read more about Companhia Paranaense de Energia - COPEL's dividend.
  • Percentage of Shares Shorted

    0.54% 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 1.4, 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 26.22%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Companhia Paranaense de Energia - COPEL has a news sentiment score of -0.16. 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 0.55 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.
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ELP Stock News Headlines

After New Years, price goes back up 4,800%
When was the last time you bought something for a buck? I don’t even think you can buy anything at McDonalds for a dollar anymore!
COPEL Reinforces Regulatory Compliance with Latest SEC Report
Copel and Eletrobras Engage in Strategic Asset Swap
Copel Secures 30-Year Renewal for Key Hydroelectric Plants
See More Headlines

ELP Stock Analysis - Frequently Asked Questions

Companhia Paranaense de Energia - COPEL's stock was trading at $8.48 at the beginning of the year. Since then, ELP stock has decreased by 30.5% and is now trading at $5.89.
View the best growth stocks for 2024 here
.

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

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

Top institutional shareholders of Companhia Paranaense de Energia - COPEL 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%).

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.

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
12/24/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/02/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Utilities
Employees
5,954
Year Founded
N/A

Profitability

Net Income
$452.44 million
Pretax Margin
15.48%

Debt

Sales & Book Value

Annual Sales
$22.20 billion
Cash Flow
$1.17 per share
Book Value
$8.85 per share

Miscellaneous

Free Float
547,311,000
Market Cap
$3.22 billion
Optionable
Optionable
Beta
1.00
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This page (NYSE:ELP) was last updated on 12/24/2024 by MarketBeat.com Staff
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