Desjardins Analysts Lower Earnings Estimates for Emera

Emera Incorporated (TSE:EMA - Free Report) - Stock analysts at Desjardins decreased their Q2 2025 earnings estimates for shares of Emera in a research report issued to clients and investors on Thursday, May 8th. Desjardins analyst B. Stadler now forecasts that the company will earn $0.55 per share for the quarter, down from their previous estimate of $0.59. Desjardins has a "Hold" rating and a $62.00 price target on the stock. The consensus estimate for Emera's current full-year earnings is $3.20 per share. Desjardins also issued estimates for Emera's Q3 2025 earnings at $0.97 EPS, Q4 2025 earnings at $0.67 EPS, FY2025 earnings at $3.47 EPS and FY2026 earnings at $3.50 EPS.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets boosted their price target on shares of Emera from C$60.00 to C$65.00 and gave the company an "outperform" rating in a research note on Friday. CIBC boosted their price target on shares of Emera from C$63.00 to C$64.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Royal Bank of Canada raised their target price on shares of Emera from C$60.00 to C$63.00 in a research report on Monday, February 24th. Raymond James lowered their target price on shares of Emera from C$64.00 to C$59.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Finally, UBS Group lifted their target price on shares of Emera from C$54.00 to C$59.00 in a report on Friday, March 21st. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of C$59.33.

Emera Price Performance

TSE EMA traded down C$0.40 during trading hours on Monday, hitting C$59.82. 1,425,292 shares of the company's stock traded hands, compared to its average volume of 1,489,317. Emera has a 52-week low of C$44.13 and a 52-week high of C$63.13. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. The firm's 50-day moving average is C$60.01 and its 200-day moving average is C$56.17. The company has a market capitalization of C$17.54 billion, a PE ratio of 23.19, a PEG ratio of 6.20 and a beta of 0.35.

Emera Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 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 4.85%. The ex-dividend date is Thursday, May 1st. Emera's 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.