Research Analysts Offer Predictions for Emera Q1 Earnings

Emera Incorporated (TSE:EMA - Free Report) - Research analysts at National Bank Financial issued their Q1 2025 EPS estimates for shares of Emera in a report issued on Tuesday, April 22nd. National Bank Financial analyst P. Kenny expects that the company will post earnings per share of $1.05 for the quarter. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

Several other research firms have also recently issued reports on EMA. CIBC raised their price target on shares of Emera from C$63.00 to C$64.00 and gave the stock an "outperform" rating in a research note on Thursday. Raymond James cut their price target on Emera from C$64.00 to C$59.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. Royal Bank of Canada upped their target price on Emera from C$60.00 to C$63.00 in a research note on Monday, February 24th. Scotiabank lifted their price target on Emera from C$60.00 to C$62.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Finally, UBS Group increased their price objective on shares of Emera from C$54.00 to C$59.00 in a report on Friday, March 21st. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Emera presently has an average rating of "Moderate Buy" and a consensus target price of C$58.64.

Emera Price Performance

Shares of TSE:EMA traded up C$0.27 on Thursday, hitting C$61.41. The company had a trading volume of 759,400 shares, compared to its average volume of 1,436,578. 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 company has a market cap of C$18.01 billion, a PE ratio of 23.80, a PEG ratio of 6.20 and a beta of 0.35. Emera has a 52-week low of C$44.13 and a 52-week high of C$63.13. The business has a 50 day moving average of C$59.22 and a 200 day moving average of C$55.43.

Emera Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.725 dividend. The ex-dividend date is Thursday, May 1st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 4.72%. Emera's dividend payout ratio (DPR) is currently 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.