Emera Incorporated (TSE:EMA - Free Report) - Stock analysts at Raymond James boosted their Q1 2025 earnings estimates for Emera in a research note issued to investors on Sunday, February 23rd. Raymond James analyst T. Genzebu now expects that the company will earn $1.08 per share for the quarter, up from their prior estimate of $1.02. The consensus estimate for Emera's current full-year earnings is $3.20 per share. Raymond James also issued estimates for Emera's Q2 2025 earnings at $0.49 EPS and Q3 2025 earnings at $0.76 EPS.
A number of other brokerages also recently weighed in on EMA. JPMorgan Chase & Co. raised shares of Emera from an "underperform" rating to a "neutral" rating and raised their target price for the company from C$51.00 to C$56.00 in a research note on Thursday, December 12th. Royal Bank of Canada raised their target price on shares of Emera from C$60.00 to C$63.00 in a research note on Monday, February 24th. Cibc World Mkts raised shares of Emera from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Bank of America raised shares of Emera from a "neutral" rating to a "buy" rating and raised their target price for the company from C$55.00 to C$57.00 in a research note on Monday, November 25th. Finally, CIBC raised their target price on shares of Emera from C$58.00 to C$59.00 in a research note on Monday, February 24th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$58.10.
Get Our Latest Analysis on EMA
Emera Price Performance
Shares of Emera stock traded up C$0.42 on Wednesday, reaching C$57.86. The stock had a trading volume of 2,424,168 shares, compared to its average volume of 1,596,739. Emera has a 1 year low of C$44.13 and a 1 year high of C$58.73. The company has a market cap of C$16.97 billion, a P/E ratio of 22.43, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35. 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 business's 50 day moving average is C$54.81 and its two-hundred day moving average is C$52.99.
Emera Dividend Announcement
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 dividend of $0.725 per share. This represents a $2.90 annualized dividend and a dividend yield of 5.01%. The ex-dividend date was Friday, January 31st. Emera's dividend payout ratio (DPR) is presently 112.40%.
About Emera
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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.
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