Desjardins Issues Pessimistic Outlook for Emera Earnings

Key Points

• Desjardins has reduced its Q3 2025 earnings per share estimate for Emera from $0.97 to $0.92, maintaining a "Hold" rating with a price target of $62.00.
• Despite Desjardins' downgrade, other analysts have varied ratings, including TD Securities raising Emera to a "strong-buy" with a target of C$69.00.
• Emera declared a quarterly dividend of $0.725 per share, with a dividend yield of 4.4% and an annualized payout of $2.90.

Emera Incorporated (TSE:EMA - Free Report) - Stock analysts at Desjardins decreased their Q3 2025 earnings estimates for shares of Emera in a research report issued to clients and investors on Wednesday, August 6th. Desjardins analyst B. Stadler now forecasts that the company will post earnings of $0.92 per share for the quarter, down from their prior estimate of $0.97. Desjardins has a "Hold" rating and a $62.00 price objective 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 FY2025 earnings at $3.52 EPS.

EMA has been the subject of a number of other research reports. National Bankshares lifted their target price on shares of Emera from C$60.00 to C$62.00 and gave the stock a "sector perform" rating in a research report on Monday. Cibc World Mkts lowered Emera from a "strong-buy" rating to a "hold" rating in a research note on Monday. BMO Capital Markets upped their price objective on Emera from C$65.00 to C$68.00 in a research note on Monday. Raymond James Financial upped their price objective on Emera from C$66.00 to C$70.00 and gave the stock an "outperform" rating in a research note on Monday. Finally, TD Securities upped their price objective on Emera from C$69.00 to C$74.00 and gave the stock a "buy" rating in a research note on Monday. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$64.33.

Emera Stock Performance

TSE:EMA traded down C$0.46 during trading hours on Friday, reaching C$65.40. The company had a trading volume of 139,560 shares, compared to its average volume of 1,277,509. 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 52 week low of C$48.79 and a 52 week high of C$67.42. The firm has a market cap of C$19.18 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 6.20 and a beta of 0.35. The firm's 50 day moving average price is C$62.61 and its 200-day moving average price is C$60.36.

Emera Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 1st. Emera's dividend payout ratio is 112.40%.

Emera Company Profile

Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.