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

EMP.A Stock Overview

Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada.

About the company

EMP.A fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 5.6% below our estimate of its fair value

Earnings grew by 2% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Empire Company Limited Competitors

Metro

TSX:MRU

CA$15.9b

George Weston

TSX:WN

CA$22.3b

Loblaw Companies

TSX:L

CA$38.2b

North West

TSX:NWC

CA$1.7b

Price History & Performance

Summary of all time highs, changes and price drops for Empire
Historical stock prices
Current Share Price	CA$37.55
52 Week High	CA$40.69
52 Week Low	CA$33.22
Beta	0.44
1 Month Change	1.46%
3 Month Change	6.25%
1 Year Change	2.43%
3 Year Change	5.66%
5 Year Change	47.02%
Change since IPO	1,341.92%

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

Oct 04

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Aug 24

Recent updates

Empire Company Limited's (TSE:EMP.A) Intrinsic Value Is Potentially 23% Below Its Share Price

Aug 25

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Aug 01

Does Empire (TSE:EMP.A) Have A Healthy Balance Sheet?

Jul 20

Empire (TSE:EMP.A) Is Increasing Its Dividend To CA$0.17

Jun 26

Empire (TSE:EMP.A) Might Have The Makings Of A Multi-Bagger

Jun 10

Is Empire Company Limited (TSE:EMP.A) Expensive For A Reason? A Look At Its Intrinsic Value

May 15

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Apr 12

Is Empire (TSE:EMP.A) Using Too Much Debt?

Mar 14

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Feb 15

A Look At The Fair Value Of Empire Company Limited (TSE:EMP.A)

Jan 20

Is Now The Time To Put Empire (TSE:EMP.A) On Your Watchlist?

Jan 08

Is Empire (TSE:EMP.A) Using Too Much Debt?

Dec 14

Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down

Nov 16

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Sep 29

Is Empire Company Limited (TSE:EMP.A) Trading At A 24% Discount?

Sep 15

The Compensation For Empire Company Limited's (TSE:EMP.A) CEO Looks Deserved And Here's Why

Sep 03

We Think Empire (TSE:EMP.A) Can Stay On Top Of Its Debt

Sep 01

Returns On Capital At Empire (TSE:EMP.A) Have Hit The Brakes

Aug 05

Empire (TSE:EMP.A) Is Increasing Its Dividend To CA$0.15

Jun 26

Is Now The Time To Put Empire (TSE:EMP.A) On Your Watchlist?

Jun 06

Here's Why Empire (TSE:EMP.A) Can Manage Its Debt Responsibly

May 24

We Like These Underlying Return On Capital Trends At Empire (TSE:EMP.A)

Apr 29

Is Empire Company Limited (TSE:EMP.A) Popular Amongst Institutions?

Mar 21

Did Empire's (TSE:EMP.A) Share Price Deserve to Gain 59%?

Mar 06

Is Empire Company Limited (TSE:EMP.A) A Smart Choice For Dividend Investors?

Feb 22

Does Empire (TSE:EMP.A) Deserve A Spot On Your Watchlist?

Feb 12

Empire (TSE:EMP.A) Has A Pretty Healthy Balance Sheet

Feb 01

Will the Promising Trends At Empire (TSE:EMP.A) Continue?

Jan 21

Shareholder Returns

	EMP.A	CA Consumer Retailing	CA Market
7D	-3.1%	-0.09%	-1.2%
1Y	2.4%	9.1%	-3.7%

Return vs Industry: EMP.A underperformed the Canadian Consumer Retailing industry which returned 11.3% over the past year.

Return vs Market: EMP.A exceeded the Canadian Market which returned -4% over the past year.

Price Volatility

Is EMP.A's price volatile compared to industry and market?
EMP.A volatility
EMP.A Average Weekly Movement	2.7%
Consumer Retailing Industry Average Movement	4.0%
Market Average Movement	8.5%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	3.5%

Stable Share Price: EMP.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EMP.A's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1907	131,000	Mike Medline	https://www.empireco.ca

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 retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo’s, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com.

Empire Company Limited Fundamentals Summary

How do Empire's earnings and revenue compare to its market cap?
EMP.A fundamental statistics
Market Cap	CA$9.28b
Earnings (TTM)	CA$759.50m
Revenue (TTM)	CA$30.72b

12.3x

P/E Ratio

0.3x

P/S Ratio

Is EMP.A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMP.A income statement (TTM)
Revenue	CA$30.72b
Cost of Revenue	CA$22.73b
Gross Profit	CA$7.99b
Other Expenses	CA$7.23b
Earnings	CA$759.50m

Last Reported Earnings

Aug 05, 2023

Next Earnings Date

Dec 14, 2023

Earnings per share (EPS)	3.06
Gross Margin	26.01%
Net Profit Margin	2.47%
Debt/Equity Ratio	17.6%

How did EMP.A perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

23%

Payout Ratio

EMP.A Stock Overview

Rewards

Risk Analysis

Empire Company Limited Competitors

TSX:MRU

CA$15.9b

TSX:WN

CA$22.3b

TSX:L

CA$38.2b

TSX:NWC

CA$1.7b

Price History & Performance

Recent News & Updates

Chief Operating Officer recently sold CA$718k worth of stock

Upcoming dividend of CA$0.18 per share at 1.9% yield

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

First quarter 2024 earnings: EPS exceeds analyst expectations

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on October 31, 2023

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Recent updates

Chief Operating Officer recently sold CA$718k worth of stock

Upcoming dividend of CA$0.18 per share at 1.9% yield

Here's Why Empire (TSE:EMP.A) Has A Meaningful Debt Burden

First quarter 2024 earnings: EPS exceeds analyst expectations

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on October 31, 2023

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Empire Company Limited to Report Q2, 2024 Results on Dec 14, 2023

Upcoming dividend of CA$0.18 per share at 2.0% yield

Empire's (TSE:EMP.A) Dividend Will Be Increased To CA$0.1825

Empire Company Limited Declares Quarterly Dividend on Both the Non-Voting Class A Shares and the Class B Common Shares, Payable on July 31, 2023

Full year 2023 earnings: Revenues in line with analyst expectations

Empire (TSE:EMP.A) Has A Somewhat Strained Balance Sheet

The Returns At Empire (TSE:EMP.A) Aren't Growing

Upcoming dividend of CA$0.17 per share at 1.8% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Here's Why Empire (TSE:EMP.A) Can Manage Its Debt Responsibly

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Empire Company Limited to Report Q1, 2024 Results on Sep 14, 2023

Upcoming dividend of CA$0.17 per share

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

Empire Company Limited Declares Quarterly Dividend, Payable on January 31, 2023

Canadian Mobility Services Limited entered into definitive agreement to acquire 56 retail fuel sites in Western Canada from Empire Company Limited (TSX:EMP.A) for approximately CAD 100 million.

Second quarter 2023 earnings released

A Look At The Intrinsic Value Of Empire Company Limited (TSE:EMP.A)

Empire (TSE:EMP.A) Seems To Use Debt Quite Sensibly

Upcoming dividend of CA$0.17 per share

President recently bought CA$348k worth of stock

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

First quarter 2023 earnings released: EPS: CA$0.71 (vs CA$0.71 in 1Q 2022)

Empire Company Limited Declares Quarterly Dividend, Payable on October 31, 2022

Empire Company Limited's (TSE:EMP.A) Intrinsic Value Is Potentially 23% Below Its Share Price

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Does Empire (TSE:EMP.A) Have A Healthy Balance Sheet?

Upcoming dividend of CA$0.17 per share

Empire (TSE:EMP.A) Is Increasing Its Dividend To CA$0.17

Empire Company Limited to Report Fiscal Year 2022 Results on Jul 29, 2022

Full year 2022 earnings released: EPS: CA$2.84 (vs CA$2.61 in FY 2021)

Empire (TSE:EMP.A) Might Have The Makings Of A Multi-Bagger

Is Empire Company Limited (TSE:EMP.A) Expensive For A Reason? A Look At Its Intrinsic Value

Price target increased to CA$48.67

Executive VP & COO exercised options and sold CA$360k worth of stock

Do Empire's (TSE:EMP.A) Earnings Warrant Your Attention?

Upcoming dividend of CA$0.15 per share

Executive VP & COO exercised options and sold CA$365k worth of stock

Empire Company Limited to Report Q3, 2023 Results on Mar 16, 2023

Insider exercised options and sold CA$1.9m worth of stock

Price target increased to CA$48.67

Is Empire (TSE:EMP.A) Using Too Much Debt?

Third quarter 2022 earnings: Revenues in line with analyst expectations

Empire (TSE:EMP.A) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Fair Value Of Empire Company Limited (TSE:EMP.A)

Is Now The Time To Put Empire (TSE:EMP.A) On Your Watchlist?

Upcoming dividend of CA$0.15 per share

President recently bought CA$300k worth of stock

Is Empire (TSE:EMP.A) Using Too Much Debt?

Second quarter 2022 earnings: Revenues in line with analyst expectations

Returns At Empire (TSE:EMP.A) Appear To Be Weighed Down

Senior VP of Finance & CFO recently bought CA$93k worth of stock

Upcoming dividend of CA$0.15 per share