Emera FY2025 EPS Forecast Lowered by National Bank Financial

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

EMA has been the subject of a number of other reports. Wells Fargo & Company raised their price target on Emera from C$51.00 to C$56.00 in a report on Monday, December 9th. JPMorgan Chase & Co. raised Emera from an “underperform” rating to a “neutral” rating and lifted their price target for the company from C$51.00 to C$56.00 in a report on Thursday, December 12th. Bank of America upgraded shares of Emera from a “neutral” rating to a “buy” rating and upped their price target for the stock from C$55.00 to C$57.00 in a research report on Monday, November 25th. BMO Capital Markets raised their price objective on shares of Emera from C$58.00 to C$60.00 in a research report on Monday. Finally, Scotiabank upped their target price on shares of Emera from C$60.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Three equities research 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’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$58.10.

Emera Stock Performance

TSE:EMA opened at C$57.28 on Wednesday. The stock has a market capitalization of C$16.80 billion, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23. Emera has a 1 year low of C$44.13 and a 1 year high of C$57.93. The firm has a 50 day moving average of C$54.56 and a 200-day moving average of C$52.85.

Emera Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 14th were given a $0.725 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.90 annualized dividend and a dividend yield of 5.06%. Emera’s dividend payout ratio is currently 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.