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ELP

Companhia Paranaense de Energia - COPEL

https://www.copel.com

Industry

Diversified Utilities

Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and trading of energy to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. The company operates through Power generation and transmission, Power distribution, Gas, and Power sale segments. It is also involved in the piped natural gas distribution. As of December 31, 2021, the company operated 20 hydroelectric plants, 30 wind plants, and 1 thermoelectric plant with a total installed capacity of 5,957 megawatts; and owned and operated 3,638 km of transmission lines and 204,957 km of distribution lines. It holds concessions to distribute electricity in 394 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.

Open

6.39

Mkt cap

4.7B

Volume

261K

High

6.46

P/E Ratio

11.30

52-wk high

10.64

Low

6.37

Div yield

0.02

52-wk low

6.36

Cia Paranaense De Energia Inc.'s (NYSE:ELP) stock price is currently at $8.77, after a 0.11% decrease. However, the stock has increased by 6.68% over the past month and 14.53% over the past year. The company's P/E ratio of 63.37 is higher than the Electric Utilities industry average of 21.58, which could indicate that the stock is overvalued or expected to perform better than its industry group.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 8:00 pm

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years, producing an average annual return of 18.9%. If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $2,442.90 today.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 2:30 pm

Cia Paranaense De Energia's (NYSE:ELP) short percent of float has risen 40.0% since its last report, with 1.64 million shares sold short, which is 0.49% of all regular shares available for trading. It would take traders 3.04 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.24%.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 8:15 pm

OGE Energy (NYSE:OGE) is distributing a dividend payout of $0.42 per share, with an annualized dividend yield of 4.77%. The company has shown a steady increase in dividend per share from 2019 to 2022, and its earnings per share have also increased during this period. OGE Energy's dividend yield is in the middle range compared to its industry peers, with Cia Paranaense De Energia (NYSE:ELP) having the highest annualized dividend yield at 8.15%.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:05 pm

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years, producing an average annual return of 19.26%. If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $2,501.47 today.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:00 pm

Utilities stocks are trading lower due to a rise in Treasury yields, which could drive a rotation out of dividend-paying stocks.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 4:18 pm

Cia Paranaense De Energia's (NYSE:ELP) short percent of float has risen 5.56% since its last report, with 1.26 million shares sold short, which is 0.38% of all regular shares available for trading. It would take traders 2.1 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.25%.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:45 pm

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 5 years, producing an average annual return of 24.82%. If an investor had bought $1000 of ELP stock 5 years ago, it would be worth $3,335.24 today. The company currently has a market capitalization of $26.31 billion.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 5:30 pm

Cia Paranaense De Energia (NYSE:ELP) has outperformed the market over the past 20 years, producing an average annual return of 9.15%. If an investor had bought $100 of ELP stock 20 years ago, it would be worth $549.70 today. The company currently has a market capitalization of $27.06 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 7:00 pm

Cia Paranaense De Energia's (NYSE:ELP) short percent of float has risen 28.57% since its last report, with 1.19 million shares sold short, which is 0.36% of all regular shares available for trading. It would take traders 1.66 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.33%.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 2:00 pm

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