Raymond James Issues Positive Outlook for Emera Earnings

Emera Incorporated (TSE:EMA) – Raymond James upped their Q1 2025 earnings per share (EPS) estimates for Emera in a note issued to investors on Sunday, November 10th. Raymond James analyst D. Quezada now expects that the company will post earnings of $1.04 per share for the quarter, up from their prior forecast of $1.03. Raymond James has a “Outperform” rating and a $57.00 price objective 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 also recently weighed in on EMA. National Bankshares lifted 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. Royal Bank of Canada lifted their price objective on shares of Emera from C$57.00 to C$60.00 and gave the company an “outperform” rating in a report on Thursday, October 3rd. Bank of America set a C$55.00 target price on shares of Emera and gave the stock a “neutral” rating in a report on Friday, September 20th. CIBC dropped their price target on shares of 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. Finally, Scotiabank upped their price objective on Emera from C$52.00 to C$55.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 20th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of C$52.10.

Emera Trading Down 1.5 %

Shares of TSE EMA opened at C$49.68 on Wednesday. The stock has a fifty day simple moving average of C$51.96 and a 200-day simple moving average of C$49.26. Emera has a twelve month low of C$44.13 and a twelve month high of C$54.19. The company has a current ratio of 0.79, a quick ratio of 0.23 and a debt-to-equity ratio of 155.62. The stock has a market capitalization of C$14.33 billion, a PE ratio of 19.33, a PEG ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 15th will be issued a $0.725 dividend. This represents a $2.90 annualized dividend and a yield of 5.84%. The ex-dividend date is Friday, November 1st. Emera’s dividend payout ratio (DPR) is presently 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.