National Bank Financial Predicts Emera FY2025 Earnings

Emera Incorporated (TSE:EMA) – Research analysts at National Bank Financial cut their FY2025 EPS estimates for shares of Emera in a note issued to investors on Sunday, February 23rd. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.25 per share for the year, down from their previous forecast of $3.37. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.

EMA has been the topic of several other reports. Bank of America raised Emera from a “neutral” rating to a “buy” rating and lifted their price objective for the company from C$55.00 to C$57.00 in a research note on Monday, November 25th. Scotiabank lifted their price target on shares of Emera from C$60.00 to C$62.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. CIBC boosted their price objective on shares of Emera from C$58.00 to C$59.00 in a research note on Monday. Raymond James raised their target price on shares of Emera from C$57.00 to C$59.00 in a research note on Monday. Finally, Cibc World Mkts raised shares of Emera from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of C$58.10.

Emera Price Performance

Shares of Emera stock opened at C$58.10 on Wednesday. The business’s fifty day moving average price is C$54.65 and its 200 day moving average price is C$52.88. Emera has a twelve month low of C$44.13 and a twelve month high of C$58.73. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23. The stock has a market capitalization of C$17.04 billion, a P/E ratio of 22.52, a PEG ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 14th were issued a $0.725 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.90 dividend on an annualized basis and a yield of 4.99%. Emera’s dividend payout ratio is currently 112.40%.

About Emera

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.