Desjardins Weighs in on Emera's FY2025 Earnings (TSE:EMA)

Emera Incorporated (TSE:EMA - Free Report) - Investment analysts at Desjardins issued their FY2025 earnings estimates for shares of Emera in a research report issued on Monday, May 5th. Desjardins analyst B. Stadler anticipates that the company will post earnings of $3.36 per share for the year. 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 FY2026 earnings at $3.49 EPS, FY2027 earnings at $3.51 EPS and FY2029 earnings at $3.85 EPS.

Other equities research analysts also recently issued reports about the company. BMO Capital Markets lifted their price objective on Emera from C$60.00 to C$65.00 and gave the stock an "outperform" rating in a report on Friday. Royal Bank of Canada upped their price target on shares of Emera from C$60.00 to C$63.00 in a report on Monday, February 24th. UBS Group increased their price objective on shares of Emera from C$54.00 to C$59.00 in a research note on Friday, March 21st. Scotiabank upped their target price on shares of Emera from C$60.00 to C$62.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Finally, CIBC lifted their price target on Emera from C$63.00 to C$64.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Four analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Emera has an average rating of "Moderate Buy" and an average target price of C$59.33.

Emera Stock Down 2.6%

Shares of TSE:EMA traded down C$1.58 during trading on Wednesday, hitting C$59.95. The company's stock had a trading volume of 452,322 shares, compared to its average volume of 1,468,512. The company has a market capitalization of C$17.58 billion, a PE ratio of 23.24, a PEG ratio of 6.20 and a beta of 0.35. Emera has a fifty-two week low of C$44.13 and a fifty-two week high of C$63.13. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. The stock's 50-day moving average price is C$59.95 and its two-hundred day moving average price is C$56.09.

Emera Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date is Thursday, May 1st. Emera's payout ratio is 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.