TSE:EMP.A Empire (EMP.A) Stock Price, News & Analysis → AI Bubble Now at Critical Mass (From Porter & Company) (Ad) Free EMP.A Stock Alerts C$32.98 -0.12 (-0.36%) (As of 01:56 PM ET) Add Compare Share Share Today's RangeC$32.87▼C$33.3150-Day RangeC$32.68▼C$35.8652-Week RangeC$32.12▼C$40.69Volume269,738 shsAverage Volume418,433 shsMarket CapitalizationC$4.81 billionP/E Ratio10.92Dividend Yield2.21%Price TargetC$38.86 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendHeadlinesInsider Trades Get Empire alerts: Email Address Empire MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside17.8% UpsideC$38.86 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.11Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.10 out of 5 stars 3.2 Analyst's Opinion Consensus RatingEmpire 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.Price Target Upside/DownsideAccording to analysts' consensus price target of C$38.86, Empire has a forecasted upside of 17.8% from its current price of C$32.98.Amount of Analyst CoverageEmpire has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for EMP.A. Previous Next 1.7 Dividend Strength Dividend YieldEmpire pays a meaningful dividend of 2.22%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEmpire does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Empire is 24.17%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EMP.A. Previous Next 1.7 News and Social Media Coverage News SentimentEmpire has a news sentiment score of 0.11. 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 0.35 average news sentiment score of Consumer Defensive companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Empire this week, compared to 2 articles on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Empire insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.96% of the stock of Empire is held by insiders.Percentage Held by Institutions42.93% of the stock of Empire is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Empire is 10.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Empire is 10.92, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 280.80.Price to Earnings Growth RatioEmpire has a PEG Ratio of 16.20. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEmpire has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyAI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.Simply click here now to read The Big AI Die-Up. About Empire Stock (TSE:EMP.A)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.Read More EMP.A Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EMP.A Stock News HeadlinesMarch 27, 2024 | reuters.comBaltimore bridge collapse: What happened and what do we know about the ship?March 26, 2024 | ca.finance.yahoo.comStocks in play: Empire CompanyMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 24, 2024 | americanbankingnews.comEmpire Company Limited (TSE:EMP.A) Given Average Recommendation of "Hold" by BrokeragesMarch 17, 2024 | uk.finance.yahoo.comEmpire Third Quarter 2024 Earnings: Misses ExpectationsMarch 15, 2024 | theglobeandmail.comEmpowering Lives: The Trusted Support of ABI Resources in Brain Injury RecoveryMarch 15, 2024 | theglobeandmail.comSobeys parent sees comparable sales growth, declining adjusted profits as shoppers feel inflationMarch 14, 2024 | msn.comSobeys parent sees earnings rise 8.5 per cent as shoppers continue seeking dealsMarch 28, 2024 | Crypto 101 Media (Ad)Top Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.March 14, 2024 | ca.finance.yahoo.comGrocer Empire records $134.2M in Q3 net earnings, up 8.5% from year agoMarch 14, 2024 | finance.yahoo.comEmpire Reports Fiscal 2024 Third Quarter ResultsMarch 13, 2024 | markets.businessinsider.comEmpire Yachts Sets Sail with Exclusive Themed Cruise NightsMarch 3, 2024 | finance.yahoo.comIs There An Opportunity With Empire Company Limited's (TSE:EMP.A) 25% Undervaluation?February 29, 2024 | ca.finance.yahoo.comMEDIA ADVISORY - Empire Company Limited Advisory of Q3 Fiscal 2024 Results Conference CallFebruary 23, 2024 | msn.comOpinion: Who is winning? Gen. Petraeus on Ukraine war, two years inFebruary 23, 2024 | yahoo.comEmpire Season 1 Streaming: Watch & Stream Online via HuluFebruary 18, 2024 | msn.com‘The Empire’ Review: Bruno Dumont’s Self-Consciously Daft Sci-Fi Bauble Isn’t Quite as Amusing as It ThinksFebruary 15, 2024 | msn.comPutin’s plans for space nukes should wake up the left and rightFebruary 15, 2024 | msn.com'END OF THE AMERICAN EMPIRE?': Robert Kiyosaki warns the S&P 500 is 'about to crash by 70%' — compares the US economy to the fall of ancient Rome and says 'stupidity repeats ...February 12, 2024 | finance.yahoo.comPrivate companies own 38% of Empire Company Limited (TSE:EMP.A) shares but individual investors control 39% of the companyFebruary 11, 2024 | msn.comStar Wars Prequel Cast Revisits The Trilogy 25 Years Later In Empire’s Anniversary Issue – ExclusiveFebruary 9, 2024 | msn.comEmpire Magazine reveals 25 years of Prequel Trilogy anniversary coversFebruary 9, 2024 | msn.comEmpire Magazine reveals 25 years of Prequel Trilogy anniversary coversFebruary 9, 2024 | nypost.comChannel a classic rom-com with Valentine’s Day dinner on top of the Empire State Building — for $10,000February 9, 2024 | seekingalpha.comEmpire: 2024 Upside From Valuation NormalizingFebruary 6, 2024 | msn.comEmpire Falls Season 1 Streaming: Watch & Stream Online via HBO MaxFebruary 5, 2024 | finance.yahoo.comJapan’s Wage Data Likely Solid Enough to Keep BOJ on TrackSee More Headlines Receive EMP.A Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Empire and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/31 Dividend1/12/2024Dividend Payable1/31/2024Today3/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorConsumer Defensive Industry Grocery Stores Sub-IndustryN/A Current SymbolTSE:EMP.A CUSIPN/A CIKN/A Webwww.empireco.ca Phone+1-902-7554440FaxN/AEmployees125,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$38.86 High Stock Price TargetC$43.00 Low Stock Price TargetC$35.00 Potential Upside/Downside+17.8%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.02 Trailing P/E Ratio10.92 Forward P/E Ratio11.03 P/E Growth16.2Net IncomeC$759.20 million Net Margins2.46% Pretax MarginN/A Return on Equity14.81% Return on Assets4.47% Debt Debt-to-Equity Ratio133.75 Current Ratio0.80 Quick Ratio0.29 Sales & Book Value Annual SalesC$30.82 billion Price / Sales0.16 Cash FlowC$1.29 per share Price / Cash Flow25.50 Book ValueC$21.72 per share Price / Book1.52Miscellaneous Outstanding Shares145,980,000Free FloatN/AMarket CapC$4.81 billion OptionableNot Optionable Beta0.47 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Michael Bennett Medline (Age 56)CEO, Pres & Director Mr. Michael H. Vels (Age 57)CFO & Exec. VP Mr. Clinton David KeayExec. VP of Technology & Transformation ManagementMr. Simon GagnéExec. VP of HRMs. Lyne CastonguayExec. VP of Store ExperienceKey CompetitorsNorth WestTSE:NWCMetroTSE:MRUPrimo WaterTSE:PRMWPremium BrandsTSE:PBHMaple Leaf FoodsTSE:MFIView All CompetitorsInsidersWilliam LintonBought 875 shares on 12/20/2023Total: C$30,126.25 ($34.43/share)Pierre St-LaurentSold 1,387 sharesTotal: C$53,468.85 ($38.55/share)Pierre St-LaurentSold 5,000 sharesTotal: C$190,000.00 ($38.00/share)Michael John Charles VentonSold 776 sharesTotal: C$28,712.00 ($37.00/share)View All Insider Transactions EMP.A Stock Analysis - Frequently Asked Questions Should I buy or sell Empire stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Empire in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EMP.A shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EMP.A, but not buy additional shares or sell existing shares. View EMP.A analyst ratings or view top-rated stocks. What is Empire's stock price target for 2024? 7 analysts have issued 1 year price objectives for Empire's stock. Their EMP.A share price targets range from C$35.00 to C$43.00. On average, they predict the company's share price to reach C$38.86 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View analysts price targets for EMP.A or view top-rated stocks among Wall Street analysts. How have EMP.A shares performed in 2024? Empire's stock was trading at C$35.05 at the start of the year. Since then, EMP.A stock has decreased by 5.9% and is now trading at C$32.98. View the best growth stocks for 2024 here. How often does Empire pay dividends? What is the dividend yield for Empire? Empire declared a quarterly dividend on Friday, January 12th. Shareholders of record on Wednesday, January 31st will be paid a dividend of 0.1825 per share on Wednesday, January 31st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date is Friday, January 12th. Read our dividend analysis for EMP.A. Is Empire a good dividend stock? Empire (TSE:EMP.A) pays an annual dividend of C$0.73 per share and currently has a dividend yield of 2.22%. The dividend payout ratio is 24.17%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for EMP.A. How do I buy shares of Empire? 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. This page (TSE:EMP.A) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchForget Bitcoin. 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