Desjardins Issues Negative Outlook for Emera Earnings

Key Points

• Desjardins has revised its Q3 2025 earnings estimate for Emera down to $0.85 per share from a previous estimate of $0.95, maintaining a "Hold" rating with a price target of $68.00.
• Multiple analysts have increased their price targets for Emera, with TD Securities raising theirs to C$74.00 and Scotiabank adjusting theirs to C$72.00, signaling varied yet generally positive outlooks for the firm's stock.
• Insider selling has been notable, with Director Archibald Collins reducing his stake by 70.11% and Judy Ann Steele by 98.09%, reflecting potential concerns about the company's short-term performance.

Emera Incorporated (TSE:EMA - Free Report) - Equities research analysts at Desjardins decreased their Q3 2025 earnings per share estimates for Emera in a note issued to investors on Tuesday, October 21st. Desjardins analyst B. Stadler now forecasts that the company will earn $0.85 per share for the quarter, down from their previous estimate of $0.95. Desjardins has a "Hold" rating and a $68.00 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 Q4 2025 earnings at $0.70 EPS, FY2025 earnings at $3.62 EPS, FY2026 earnings at $3.51 EPS and FY2027 earnings at $3.59 EPS.

A number of other analysts have also recently issued reports on EMA. Scotiabank raised their price objective on Emera from C$70.00 to C$72.00 and gave the company an "outperform" rating in a research report on Monday, October 6th. CIBC raised their price objective on Emera from C$68.00 to C$71.00 in a research report on Tuesday. TD Securities raised their price objective on Emera from C$69.00 to C$74.00 and gave the company a "buy" rating in a research report on Monday, August 11th. National Bankshares raised their price objective on Emera from C$60.00 to C$62.00 and gave the company a "sector perform" rating in a research report on Monday, August 11th. Finally, Raymond James Financial raised their price objective on Emera from C$66.00 to C$70.00 and gave the company an "outperform" rating in a research report on Monday, August 11th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$65.25.

Emera Stock Performance

Shares of TSE EMA opened at C$69.06 on Friday. The stock has a 50 day moving average price of C$66.13 and a 200 day moving average price of C$63.34. Emera has a 52 week low of C$49.46 and a 52 week high of C$69.62. 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 has a market capitalization of C$20.67 billion, a PE ratio of 23.41, a price-to-earnings-growth ratio of 6.20 and a beta of 0.46.

Emera Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 15th were paid a dividend of $0.725 per share. The ex-dividend date was Friday, August 1st. This represents a $2.90 dividend on an annualized basis and a dividend yield of 4.2%. Emera's dividend payout ratio (DPR) is 98.05%.

Insider Buying and Selling

In other news, Director Archibald Collins sold 30,600 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of C$64.95, for a total transaction of C$1,987,470.00. Following the transaction, the director owned 13,045 shares in the company, valued at approximately C$847,272.75. This trade represents a 70.11% decrease in their ownership of the stock. Also, Director Judy Ann Steele sold 18,100 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of C$64.90, for a total value of C$1,174,690.00. Following the transaction, the director owned 352 shares in the company, valued at approximately C$22,844.80. This trade represents a 98.09% decrease in their position. In the last quarter, insiders have sold 49,494 shares of company stock worth $3,213,691. 0.09% of the stock is owned by corporate insiders.

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.

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