National Bank Financial Forecasts Lower Earnings for Emera

Emera Incorporated (TSE:EMA) – Equities research analysts at National Bank Financial lowered their FY2026 earnings per share estimates for Emera in a report released on Sunday, February 23rd. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $3.44 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 analysts also recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of Emera from C$51.00 to C$56.00 in a report on Monday, December 9th. Raymond James upped their target price on Emera from C$57.00 to C$59.00 in a research note on Monday. Bank of America upgraded Emera from a “neutral” rating to a “buy” rating and lifted their price target for the company from C$55.00 to C$57.00 in a research note on Monday, November 25th. Royal Bank of Canada upped their price objective on Emera from C$60.00 to C$63.00 in a research report on Monday. Finally, National Bankshares raised their price objective on Emera from C$54.00 to C$55.00 in a research note on Thursday, December 5th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Emera has a consensus rating of “Moderate Buy” and an average target price of C$58.10.

Emera Stock Down 1.2 %

Shares of Emera stock opened at C$57.00 on Tuesday. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. Emera has a 12-month low of C$44.13 and a 12-month high of C$57.93. The firm has a market capitalization of C$16.71 billion, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35. The business’s 50-day moving average price is C$54.50.

Emera Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.725 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.90 annualized dividend and a yield of 5.09%. Emera’s payout ratio is 112.40%.

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.