Desjardins Analysts Reduce Earnings Estimates for Emera

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) - Desjardins decreased their Q3 2025 earnings per share estimates for shares of Emera in a research note issued to investors on Wednesday, August 6th. Desjardins analyst B. Stadler now expects that the company will earn $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 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 FY2025 earnings at $3.52 EPS.

A number of other brokerages have also issued reports on EMA. CIBC increased their target price on Emera from C$63.00 to C$64.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Raymond James Financial reduced their price target on shares of Emera from C$64.00 to C$59.00 and set an "outperform" rating for the company in a research report on Thursday, April 17th. TD Securities raised shares of Emera to a "strong-buy" rating and set a C$69.00 price target on the stock in a research note on Friday, June 27th. Finally, BMO Capital Markets boosted their price objective on Emera from C$60.00 to C$65.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Emera currently has a consensus rating of "Moderate Buy" and a consensus target price of C$60.58.

Emera Stock Up 1.8%

Shares of EMA opened at C$66.11 on Friday. The firm has a market cap of C$19.38 billion, a P/E ratio of 25.62, a PEG ratio of 6.20 and a beta of 0.35. Emera has a 12 month low of C$48.53 and a 12 month high of C$66.17. The stock's 50 day moving average is C$62.46 and its two-hundred day moving average is C$60.10. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 15th will be given a $0.725 dividend. The ex-dividend date is Friday, August 1st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 4.4%. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.