Emera FY2025 EPS Forecast Lowered by National Bank Financial

Emera Incorporated (TSE:EMA - Free Report) - Analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Emera in a report issued on Sunday, February 23rd. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $3.25 for the year, down from their previous forecast of $3.37. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

EMA has been the subject of several other reports. CIBC raised their price target on Emera from C$58.00 to C$59.00 in a research report on Monday, February 24th. Cibc World Mkts upgraded Emera from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 2nd. Scotiabank lifted their target price on Emera from C$60.00 to C$62.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. National Bankshares lifted their target price on Emera from C$54.00 to C$55.00 in a report on Thursday, December 5th. Finally, Wells Fargo & Company lifted their target price on Emera from C$51.00 to C$56.00 in a report on Monday, December 9th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$58.10.

Emera Trading Up 0.7 %

EMA stock traded up C$0.42 during midday trading on Wednesday, hitting C$57.86. 2,424,168 shares of the company's stock were exchanged, compared to its average volume of 1,596,739. The business has a 50-day simple moving average of C$54.81 and a two-hundred day simple moving average of C$52.99. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23. The stock has a market capitalization of C$16.97 billion, a PE ratio of 22.43, a P/E/G ratio of 6.20 and a beta of 0.35. Emera has a 1-year low of C$44.13 and a 1-year high of C$58.73.

Remove Ads

Emera Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were paid a $0.725 dividend. This represents a $2.90 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend was Friday, January 31st. Emera's dividend payout ratio is presently 112.40%.

Emera Company Profile

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.