National Bank Financial Predicts Reduced Earnings for Emera

Emera Incorporated (TSE:EMA - Free Report) - Equities research analysts at National Bank Financial reduced their FY2026 EPS estimates for Emera in a research note issued to investors on Sunday, February 23rd. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.44 per share for the year, down from their prior estimate of $3.57. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

A number of other equities research analysts have also issued reports on the stock. BMO Capital Markets upped their price objective on shares of Emera from C$58.00 to C$60.00 in a report on Monday. JPMorgan Chase & Co. upgraded shares of Emera from an "underperform" rating to a "neutral" rating and raised their price target for the stock from C$51.00 to C$56.00 in a report on Thursday, December 12th. Cibc World Mkts upgraded Emera from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Wells Fargo & Company raised their target price on Emera from C$51.00 to C$56.00 in a research note on Monday, December 9th. Finally, National Bankshares upped their price target on Emera from C$54.00 to C$55.00 in a research note on Thursday, December 5th. Three equities 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 stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$58.10.

Emera Trading Up 0.7 %

Shares of EMA traded up C$0.42 during midday trading on Tuesday, reaching C$57.86. The company 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 quick ratio of 0.23, a current ratio of 0.72 and a debt-to-equity ratio of 150.23. The firm has a 50 day simple moving average of C$54.73 and a 200-day simple moving average of C$52.94. The stock has a market cap of C$16.97 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35.

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Emera Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a yield of 5.01%. The ex-dividend date of this dividend was Friday, January 31st. Emera's payout ratio is 112.40%.

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.