FY2025 Earnings Estimate for Emera Issued By Desjardins

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) - Investment analysts at Desjardins raised their FY2025 earnings per share (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 of $3.75 per share for the year, up from their previous 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.

A number of other analysts have also issued reports on EMA. TD Securities boosted their price target on Emera from C$69.00 to C$74.00 and gave the company a "buy" rating in a report on Monday, August 11th. Cibc World Mkts lowered Emera from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. BMO Capital Markets boosted their price target on Emera from C$65.00 to C$68.00 in a report on Monday, August 11th. CIBC lowered Emera from an "outperform" rating to a "neutral" rating and boosted their price target for the company from C$65.00 to C$68.00 in a report on Monday, August 11th. Finally, Raymond James Financial boosted their price target on Emera from C$66.00 to C$70.00 and gave the company an "outperform" rating in a report on Monday, August 11th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Emera currently has an average rating of "Moderate Buy" and a consensus target price of C$64.33.

Emera Trading Up 0.8%

Shares of TSE EMA traded up C$0.51 during trading hours on Tuesday, reaching C$66.17. The stock had a trading volume of 857,542 shares, compared to its average volume of 1,277,081. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23. The firm has a market cap of C$19.40 billion, a price-to-earnings ratio of 25.65, a P/E/G ratio of 6.20 and a beta of 0.35. The business's fifty day moving average price is C$62.94 and its two-hundred day moving average price is C$60.57. Emera has a 52-week low of C$49.06 and a 52-week high of C$67.42.

Emera Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 15th were paid a $0.725 dividend. The ex-dividend date of this dividend was Friday, August 1st. This represents a $2.90 dividend on an annualized basis and a yield of 4.4%. Emera's payout ratio is 112.40%.

About Emera

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.