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Raymond James Issues Positive Forecast for Emera Earnings

Emera logo with Utilities background

Emera Incorporated (TSE:EMA - Free Report) - Stock analysts at Raymond James upped their Q1 2025 earnings estimates for shares of Emera in a research report issued to clients and investors on Sunday, November 10th. Raymond James analyst D. Quezada now anticipates that the company will earn $1.04 per share for the quarter, up from their previous estimate of $1.03. Raymond James currently has a "Outperform" rating and a $57.00 price target on the stock. The consensus estimate for Emera's current full-year earnings is $3.20 per share. Raymond James also issued estimates for Emera's Q3 2025 earnings at $0.75 EPS.

Other equities research analysts have also issued research reports about the stock. CIBC lowered their price target on shares of Emera from C$51.00 to C$50.00 and set a "neutral" rating on the stock in a report on Monday, July 22nd. Scotiabank lifted their price objective on Emera from C$52.00 to C$55.00 and gave the company an "outperform" rating in a report on Tuesday, August 20th. JPMorgan Chase & Co. raised their price objective on shares of Emera from C$45.00 to C$46.00 in a report on Thursday, July 25th. Bank of America set a C$55.00 target price on shares of Emera and gave the stock a "neutral" rating in a research note on Friday, September 20th. Finally, National Bankshares upped their price target on Emera from C$49.00 to C$54.00 and gave the company a "sector perform" rating in a research note on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$52.10.

View Our Latest Analysis on Emera

Emera Stock Performance

EMA traded down C$0.76 during midday trading on Wednesday, reaching C$49.68. The company's stock had a trading volume of 1,000,271 shares, compared to its average volume of 1,261,897. The stock has a market cap of C$14.33 billion, a P/E ratio of 19.33, a PEG ratio of 6.20 and a beta of 0.35. Emera has a twelve month low of C$44.13 and a twelve month high of C$54.19. The company has a fifty day simple moving average of C$51.96 and a 200 day simple moving average of C$49.26. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 155.62.

Emera Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a dividend yield of 5.84%. The ex-dividend date is Friday, November 1st. Emera's dividend payout ratio (DPR) is presently 112.84%.

About Emera

(Get Free Report)

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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Earnings History and Estimates for Emera (TSE:EMA)

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