Research Analysts Set Expectations for Emera FY2025 Earnings

Key Points

• Desjardins has increased its FY2025 earnings per share estimate for Emera from $3.52 to $3.75, while maintaining a "Hold" rating and a price target of $62.00.
• The company recently declared a quarterly dividend of $0.725 per share, which translates to an annualized dividend of $2.90 and a yield of 4.4%.
• Despite the optimism from Desjardins, other analysts such as CIBC World Markets have downgraded Emera's rating from "strong-buy" to "hold."

Emera Incorporated (TSE:EMA - Free Report) - Desjardins lifted their FY2025 EPS estimates for Emera in a research note issued to investors on Sunday, August 10th. Desjardins analyst B. Stadler now forecasts that the company will post earnings per share of $3.75 for the year, up from their prior forecast of $3.52. Desjardins currently 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 Q4 2025 earnings at $0.73 EPS, FY2026 earnings at $3.61 EPS and FY2027 earnings at $3.60 EPS.

Other research analysts have also issued research reports about the stock. Cibc World Mkts lowered shares of Emera from a "strong-buy" rating to a "hold" rating in a research note on Monday. Royal Bank Of Canada raised their price objective on shares of Emera from C$69.00 to C$70.00 and gave the company an "outperform" rating in a research note on Monday. Scotiabank raised their price objective on shares of Emera from C$67.00 to C$70.00 and gave the company an "outperform" rating in a research note on Monday. National Bankshares raised their price objective on shares of Emera from C$60.00 to C$62.00 and gave the company a "sector perform" rating in a research note on Monday. Finally, Raymond James Financial raised their price objective on shares of Emera from C$66.00 to C$70.00 and gave the company an "outperform" rating in a research note on Monday. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$64.33.

Emera Stock Up 1.4%

Shares of TSE EMA traded up C$0.88 during midday trading on Tuesday, hitting C$65.66. The company's stock had a trading volume of 1,244,960 shares, compared to its average volume of 1,279,771. The business's fifty day simple moving average is C$62.82 and its two-hundred day simple moving average is C$60.49. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. Emera has a 1 year low of C$49.06 and a 1 year high of C$67.42. The firm has a market capitalization of C$19.25 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be paid a $0.725 dividend. The ex-dividend date is Friday, August 1st. This represents a $2.90 dividend on an annualized basis and a yield of 4.4%. Emera's payout ratio is currently 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.