National Bank Financial Lifts Earnings Estimates for Emera

Key Points

• National Bank Financial raised its FY2026 earnings per share estimate for Emera to $3.52, up from $3.45, reflecting increased confidence in the company's performance.
• The stock currently has a consensus rating of "Moderate Buy" with an average target price of C$64.33, indicating positive market sentiment despite mixed ratings from other brokerages.
• Emera recently announced a quarterly dividend of $0.725 per share, with an annualized dividend yield of 4.4%, showcasing its commitment to returning value to shareholders.

Emera Incorporated (TSE:EMA - Free Report) - Equities research analysts at National Bank Financial boosted their FY2026 earnings per share estimates for shares of Emera in a report released on Sunday, August 10th. National Bank Financial analyst P. Kenny now forecasts that the company will earn $3.52 per share for the year, up from their previous estimate of $3.45. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

A number of other research analysts have also issued reports on the company. BMO Capital Markets increased their target price on Emera from C$65.00 to C$68.00 in a research report on Monday, August 11th. TD Securities lifted their target price on shares of Emera from C$69.00 to C$74.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. National Bankshares upped their target price on shares of Emera from C$60.00 to C$62.00 and gave the stock a "sector perform" rating in a report on Monday, August 11th. Scotiabank upped their target price on shares of Emera from C$67.00 to C$70.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Finally, Royal Bank Of Canada upped their target price on shares of Emera from C$69.00 to C$70.00 and gave the stock an "outperform" rating in a report on Monday, August 11th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Emera currently has an average rating of "Moderate Buy" and a consensus price target of C$64.33.

Emera Stock Performance

Emera stock traded up C$0.51 during mid-day trading on Tuesday, hitting C$66.17. The company 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. Emera has a 12-month low of C$49.06 and a 12-month high of C$67.42. The company's fifty day moving average is C$62.94 and its 200-day moving average is C$60.57. The company has a market capitalization 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.

Emera Announces Dividend

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