Raymond James Analysts Raise Earnings Estimates for Emera

Emera Incorporated (TSE:EMA) – Stock analysts at Raymond James increased their Q1 2025 earnings per share (EPS) estimates for shares of Emera in a note issued to investors on Sunday, November 10th. Raymond James analyst D. Quezada now anticipates that the company will post earnings of $1.04 per share for the quarter, up from their prior forecast of $1.03. Raymond James currently has a “Outperform” rating and a $57.00 target price 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.

Several other equities analysts have also recently weighed in on the stock. Bank of America set a C$55.00 target price on shares of Emera and gave the company a “neutral” rating in a research note on Friday, September 20th. JPMorgan Chase & Co. lifted their target price on Emera from C$45.00 to C$46.00 in a report on Thursday, July 25th. CIBC dropped their price target on Emera from C$51.00 to C$50.00 and set a “neutral” rating for the company in a research note on Monday, July 22nd. Royal Bank of Canada lifted their price objective on Emera from C$57.00 to C$60.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, National Bankshares increased their target price on Emera from C$49.00 to C$54.00 and gave the company a “sector perform” rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$52.10.

Emera Stock Performance

TSE:EMA opened at C$50.44 on Wednesday. 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 has a 12-month low of C$44.13 and a 12-month high of C$54.19. The stock has a 50-day moving average price of C$51.98 and a 200 day moving average price of C$49.24. The stock has a market capitalization of C$14.55 billion, a P/E ratio of 19.63, a P/E/G ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 15th will be given a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date of this dividend is Friday, November 1st. Emera’s dividend payout ratio (DPR) is 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.