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TSE:EMP.A

Empire (EMP.A) Stock Price, News & Analysis

Empire logo
C$39.98
-0.19 (-0.47%)
(As of 11/1/2024 ET)

About Empire Stock (TSE:EMP.A)

Key Stats

Today's Range
C$39.79
C$40.41
50-Day Range
C$37.53
C$41.33
52-Week Range
C$31.45
C$41.48
Volume
487,800 shs
Average Volume
411,750 shs
Market Capitalization
C$5.61 billion
P/E Ratio
14.59
Dividend Yield
2.00%
Price Target
C$43.14
Consensus Rating
Hold

Company Overview

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.

Empire Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
34th Percentile Overall Score

EMP.A MarketRank™: 

Empire scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Empire has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Empire has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Empire's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Empire is 14.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Empire is 14.59, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 206.76.

  • Price to Earnings Growth Ratio

    Empire has a PEG Ratio of 16.20. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Empire has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for EMP.A.
  • Dividend Yield

    Empire pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Empire does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Empire is 29.20%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Empire's dividend.
  • Short Interest

    There is no current short interest data available for EMP.A.
  • News Sentiment

    Empire has a news sentiment score of 0.08. 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 0.36 average news sentiment score of Consumer Defensive companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Empire this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Empire insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$526,583.00 in company stock.

  • Percentage Held by Insiders

    Only 2.18% of the stock of Empire is held by insiders.

  • Percentage Held by Institutions

    40.86% of the stock of Empire is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Empire's insider trading history.
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EMP.A Stock News Headlines

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EMP.A Stock Analysis - Frequently Asked Questions

Empire's stock was trading at C$35.05 at the start of the year. Since then, EMP.A stock has increased by 14.1% and is now trading at C$39.98.
View the best growth stocks for 2024 here
.

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.

Company Calendar

Ex-Dividend for 10/31 Dividend
10/15/2024
Dividend Payable
10/31/2024
Today
11/02/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
Misc.
CIK
N/A
Fax
N/A
Employees
125,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$43.14
High Stock Price Target
C$47.00
Low Stock Price Target
C$36.00
Potential Upside/Downside
+7.9%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
C$672 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$30.87 billion
Cash Flow
C$1.57 per share
Book Value
C$22.51 per share

Miscellaneous

Free Float
N/A
Market Cap
C$5.61 billion
Optionable
Not Optionable
Beta
0.48
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This page (TSE:EMP.A) was last updated on 11/2/2024 by MarketBeat.com Staff
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