Emera Incorporated (TSE:EMA – Free Report) – Investment analysts at National Bank Financial issued their Q3 2024 earnings estimates for Emera in a research report issued on Wednesday, October 23rd. National Bank Financial analyst P. Kenny expects that the company will earn $0.77 per share for the quarter. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.
Emera (TSE:EMA – Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported C$0.53 earnings per share for the quarter, missing the consensus estimate of C$0.56 by C($0.03). Emera had a return on equity of 6.60% and a net margin of 10.83%. The business had revenue of C$1.62 billion during the quarter, compared to analysts’ expectations of C$1.67 billion.
Read Our Latest Research Report on EMA
Emera Stock Performance
Shares of EMA stock opened at C$53.13 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 155.62. The company has a 50 day moving average price of C$51.78 and a 200-day moving average price of C$48.93. Emera has a 52 week low of C$44.13 and a 52 week high of C$54.19. The firm has a market capitalization of C$15.32 billion, a PE ratio of 20.67, a P/E/G ratio of 6.20 and a beta of 0.35.
Emera Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be paid a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date of this dividend is Friday, November 1st. Emera’s dividend payout ratio (DPR) is 112.84%.
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.
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