Raymond James Issues Optimistic Estimate for Emera Earnings

Emera Incorporated (TSE:EMA - Free Report) - Equities researchers at Raymond James boosted their Q3 2025 earnings estimates for shares of Emera in a note issued to investors on Friday, December 6th. Raymond James analyst T. Genzebu now anticipates that the company will post earnings per share of $0.76 for the quarter, up from their previous estimate of $0.75. Raymond James has a "Outperform" rating and a $57.00 price objective on the stock. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

A number of other analysts also recently commented on the stock. National Bankshares boosted their price objective on shares of Emera from C$54.00 to C$55.00 in a report on Thursday. Scotiabank lifted their target price on shares of Emera from C$55.00 to C$60.00 in a research report on Thursday. Royal Bank of Canada lifted their target price on shares of Emera from C$57.00 to C$60.00 and gave the stock an "outperform" rating in a research report on Thursday, October 3rd. BMO Capital Markets lifted their target price on shares of Emera from C$54.00 to C$58.00 in a research report on Thursday. Finally, Bank of America raised shares of Emera from a "neutral" rating to a "buy" rating and boosted their price objective for the company from C$55.00 to C$57.00 in a research report on Monday, November 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Emera presently has a consensus rating of "Moderate Buy" and an average price target of C$56.10.

Emera Stock Performance

EMA stock traded down C$0.55 during trading on Monday, reaching C$55.33. 292,322 shares of the company were exchanged, compared to its average volume of 1,276,796. The stock has a market cap of C$15.96 billion, a P/E ratio of 21.52, a P/E/G 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$56.20. The firm's 50 day moving average is C$52.27. 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 announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, November 15th were paid a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend was Friday, November 1st. Emera's dividend payout ratio (DPR) is currently 112.84%.

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.