Endesa, S.A.

BME:ELE Stock Report

Market Cap: €39.3b

Endesa Dividends and Buybacks

Dividend criteria checks 4/6

Endesa is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 10th July, 2026 with an ex-dividend date of 8th July, 2026.

Key information

4.2%

Dividend yield

1.3%

Buyback Yield

Total Shareholder Yield5.5%
Future Dividend Yield4.6%
Dividend Growth1.6%
Next dividend pay date10 Jul 26
Ex dividend date08 Jul 26
Dividend per sharen/a
Payout ratio76%

Recent dividend and buyback updates

Recent updates

Narrative Update May 05

ELE: Future Returns Will Depend On Execution Risks Despite Higher Price Optimism

Endesa's analyst price target has moved higher by several euros, with recent updates clustering around €30 to €34.50, as analysts point to refreshed views on the company's earnings profile and sector positioning. Analyst Commentary Recent research on Endesa has focused on how current earnings expectations and sector positioning compare with share valuation, with several large banks revisiting their price targets and ratings in quick succession.
Narrative Update Apr 21

ELE: Future Returns Will Depend On Execution Risks Despite Higher Street Optimism

Endesa's analyst fair value estimate has shifted from €32.19 to €32.89 as analysts factor in recent price target increases from several banks, along with modest adjustments to long term revenue growth, profit margin assumptions and future P/E expectations. Analyst Commentary Recent Street research on Endesa presents a mixed picture, with several price target lifts and upgrades set against at least one downgrade and a small price target trim.
Narrative Update Apr 06

ELE: Future Returns Will Depend On Persistent Execution Concerns Despite Higher Street Optimism

Narrative Update The analyst price target for Endesa is updated to €32.19 from €31.10. This reflects analysts' use of slightly higher revenue growth and profit margin assumptions, as well as a modestly higher future P/E multiple in their models, following a series of recent target increases from major banks.
Narrative Update Mar 23

ELE: Future Returns Will Depend On Divergent Views Of Execution Risk

The analyst price target for Endesa has been raised from about €30.20 to roughly €31.10, with analysts citing updated assumptions around revenue growth, profit margins and future P/E as the key drivers of the change. Analyst Commentary Recent research on Endesa shows a mix of optimism and caution, with several firms adjusting ratings and price targets in different directions.
Narrative Update Mar 07

ELE: Future Returns Will Depend On Execution Risks At Current Pricing

The analyst fair value estimate for Endesa has increased from €28.85 to €30.20, reflecting recent price target revisions in the range of €30 to €34.50 as analysts reassess revenue growth, profit margins and future P/E assumptions. Analyst Commentary Recent research opinions on Endesa are mixed, with several banks adjusting price targets into a range around €30 to €34.50 and revisiting their views on execution and valuation.
New Narrative Feb 26

Electrification And Grid Investment Will Support A Stronger Long Term Outlook

Catalysts About Endesa Endesa is a Spanish electricity utility focused on power generation, distribution networks and energy supply to retail and business customers. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 21

ELE: Fair Value And Split Research Views Will Shape Future Returns

Our updated analyst price target for Endesa remains at about €28.85, as analysts weigh offsetting Street moves, including a downgrade to Underperform with a €30 target and mixed price target revisions from other firms. Analyst Commentary Recent research on Endesa shows a split view, with some analysts lifting their price targets and others turning more cautious.
Narrative Update Feb 07

ELE: Margin Normalization And Diverging Research Views Will Shape Future Returns

Analysts have slightly raised their fair value estimate for Endesa from €28.62 to about €28.85, citing updated assumptions that reflect recent price target increases at Citi and Berenberg, along with revised views on discount rates, revenue growth, margins and future P/E multiples. Analyst Commentary Bullish and bearish analysts are reading the same Endesa story in very different ways, and that split is feeding directly into the range of price targets and fair value views you are seeing today.
Narrative Update Jan 21

ELE: Margin Normalization And Conflicting Research Will Shape Future Return Profile

Analysts have nudged their fair value estimate for Endesa higher from €27.85 to €28.62, citing updated assumptions around future pricing and margins, alongside mixed recent research that includes a higher price target from one firm and a downgrade with a lower target from another. Analyst Commentary Bullish Takeaways Bullish analysts see scope for higher fair value supported by updated assumptions around pricing and margins that, in their view, justify a higher price target.
Narrative Update Jan 07

ELE: Margin Normalization And Generator Downgrades Will Pressure Future Return Profile

Analysts have trimmed their fair value estimate for Endesa slightly, to €27.85 from €27.94, citing recent downgrades that highlight expectations for electricity and gas margins to normalize and a less preferred stance on generators within European utilities. Analyst Commentary Recent research points to a more cautious stance on Endesa, with downgrades reflecting concerns around current valuation and the outlook for its generation and supply businesses within the broader European utilities sector.
Analysis Article Dec 19

Endesa (BME:ELE) Might Have The Makings Of A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Dec 13

ELE: Margin Normalization And Sector Rotation Will Shape Future Return Profile

Analysts have nudged their fair value estimate for Endesa higher to approximately EUR 27.94 from about EUR 27.16, reflecting slightly stronger expected revenue growth and a modestly richer future earnings multiple, even as they factor in normalizing electricity and gas margins along with a less favorable stance on traditional generators. Analyst Commentary Recent research updates signal a more cautious stance on Endesa, with several valuation frameworks resetting to reflect normalizing commodity spreads and a less favorable view on conventional generation relative to renewables focused peers.
Analysis Article Dec 01

We Think Endesa (BME:ELE) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Nov 28

ELE: Margin Normalization And Network Spending Uncertainty Will Pressure Future Returns

Analysts have lowered their price target for Endesa to €27.16 from €26.95. They cite concerns over normalizing electricity and gas margins, as well as sector rotation among European utilities.
Narrative Update Nov 13

ELE: Uncertainty Around Network Investment Will Limit Upside Potential

Analysts have raised their fair value price target for Endesa to €26.95 from €26.52. This reflects improved revenue growth expectations despite recent sector downgrades and ongoing uncertainty around network investment.
Narrative Update Oct 29

Downgraded Sector Ratings Will Limit Network Investment Upside Ahead

Analysts have modestly increased their fair value price target for Endesa from €25.96 to €26.52. This change reflects a balance of improved profit margin expectations with ongoing uncertainties in network investment and sector preference.
Analysis Article Aug 19

We Think Endesa (BME:ELE) Can Stay On Top Of Its Debt

BME:ELE 1 Year Share Price vs Fair Value Explore Endesa's Fair Values from the Community and select yours Howard Marks...
Analysis Article Aug 01

Earnings Miss: Endesa, S.A. Missed EPS By 18% And Analysts Are Revising Their Forecasts

Endesa, S.A. ( BME:ELE ) came out with its interim results last week, and we wanted to see how the business is...
Analysis Article Jul 28

Endesa's (BME:ELE) Returns Have Hit A Wall

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Jul 10

Endesa, S.A.'s (BME:ELE) Prospects Need A Boost To Lift Shares

When close to half the companies in Spain have price-to-earnings ratios (or "P/E's") above 19x, you may consider...
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New Narrative Nov 07

Masdar Partnership And Renewable Expansion Powering Robust Growth And Profitability

Strategic partnerships and effective hedging stabilize revenues, enhance margins, and support future earnings growth by minimizing market volatility.

Upcoming Dividend Payment

TodayMay 07 2026Ex Dividend DateJul 08 2026Dividend Pay DateJul 10 20262 days from Ex DividendBuy in the next 61 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ELE's dividend payments have been volatile in the past 10 years.

Growing Dividend: ELE's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Endesa Dividend Yield vs Market
How does ELE dividend yield compare to the market?
SegmentDividend Yield
Company (ELE)4.2%
Market Bottom 25% (ES)1.9%
Market Top 25% (ES)5.1%
Industry Average (Electric Utilities)3.6%
Analyst forecast (ELE) (up to 3 years)4.6%

Notable Dividend: ELE's dividend (4.18%) is higher than the bottom 25% of dividend payers in the Spanish market (1.92%).

High Dividend: ELE's dividend (4.18%) is low compared to the top 25% of dividend payers in the Spanish market (5.12%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (75.5%), ELE's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.6%), ELE's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 12:30
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Endesa, S.A. is covered by 40 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBanco de Sabadell. S.A.
Bosco Muguiro EulateBanco Santander
José Ruiz FernandezBarclays