National Bank Financial Comments on Emera Q4 Earnings

Emera Incorporated (TSE:EMA - Free Report) - Research analysts at National Bank Financial issued their Q4 2024 EPS estimates for Emera in a research report issued on Tuesday, January 28th. National Bank Financial analyst P. Kenny expects that the company will earn $0.77 per share for the quarter. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

Emera (TSE:EMA - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported C$0.81 EPS for the quarter, topping analysts' consensus estimates of C$0.77 by C$0.04. Emera had a return on equity of 6.60% and a net margin of 10.83%.

Several other research analysts have also recently weighed in on EMA. JPMorgan Chase & Co. upgraded shares of Emera from an "underperform" rating to a "neutral" rating and boosted their price objective for the stock from C$51.00 to C$56.00 in a research report on Thursday, December 12th. Wells Fargo & Company boosted their target price on Emera from C$51.00 to C$56.00 in a research report on Monday, December 9th. CIBC upgraded Emera from a "neutral" rating to an "outperform" rating and raised their price target for the company from C$54.00 to C$58.00 in a report on Monday, December 2nd. Royal Bank of Canada boosted their price objective on Emera from C$57.00 to C$60.00 and gave the stock an "outperform" rating in a report on Thursday, October 3rd. Finally, National Bankshares lifted their price target on shares of Emera from C$54.00 to C$55.00 in a research report on Thursday, December 5th. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$57.10.

Emera Price Performance

TSE:EMA traded up C$0.65 during mid-day trading on Thursday, reaching C$55.18. 461,089 shares of the company were exchanged, compared to its average volume of 1,444,963. Emera has a 12 month low of C$44.13 and a 12 month high of C$56.20. The company has a fifty day moving average of C$53.72 and a 200 day moving average of C$51.72. The stock has a market cap of C$15.91 billion, a PE ratio of 21.47, a PEG ratio of 6.20 and a beta of 0.35. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 155.62.

Emera Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 14th will be issued a $0.725 dividend. This represents a $2.90 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend is Friday, January 31st. Emera's dividend payout ratio (DPR) is 112.84%.

About Emera

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.