Emera (EMRAF) Stock Price, News & Analysis

Company Overview

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. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company's electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Key Stats

• Today's Range: $37.09 to $37.59
• 50-Day Range: $35.46 to $39.59
• 52-Week Range: $32.00 to $40.00
• Volume: 16,522 shs
• Average Volume: 31,895 shs
• Market Capitalization: N/A
• P/E Ratio: 18.98
• Dividend Yield: 3.89%
• Price Target: $54.00
• Consensus Rating: Buy

Emera Stock Analysis - MarketRank™

Emera scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Emera has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Emera has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Emera is 18.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Emera is 18.98, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 95.36.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Emera has a short interest ratio ("days to cover") of 31, which indicates bearish sentiment.

Change versus previous month

Short interest in Emera has recently decreased by 14.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Emera is a leading dividend payer. It pays a dividend yield of 4.24%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Emera does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Emera is 73.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Emera has a short interest ratio ("days to cover") of 31, which indicates bearish sentiment.

Change versus previous month

Short interest in Emera has recently decreased by 14.09%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.59

News Sentiment

Emera has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Emera this week, compared to 1 article on an average week.

Search Interest

1 people have searched for EMRAF on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Emera insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 23.75% of the stock of Emera is held by institutions.

EMRAF Stock Analysis - Frequently Asked Questions

How have EMRAF shares performed this year?

Emera's stock was trading at $37.79 on January 1st, 2024. Since then, EMRAF shares have decreased by 1.3% and is now trading at $37.30.
View the best growth stocks for 2024 here.

How were Emera's earnings last quarter?

Emera Incorporated (OTCMKTS:EMRAF) announced its quarterly earnings results on Monday, February, 10th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.08.

How do I buy shares of Emera?

Shares of EMRAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 2/10/2014
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Utilities
• Industry: Utilities - Regulated Electric
• Sub-Industry: Utilities
• Current Symbol: OTCMKTS:EMRAF
• CUSIP: N/A
• CIK: 1127248
• Web: www.emera.com
• Phone: (902) 450-0507
• Fax: N/A
• Employees: 7,366
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $54.00
• High Stock Price Target: $54.00
• Low Stock Price Target: $54.00
• Potential Upside/Downside: +44.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 18.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A