National Bank Financial Boosts 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) - Investment analysts at National Bank Financial upped their FY2026 earnings per share estimates for shares of Emera in a research report issued on Sunday, August 10th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings of $3.52 per share for the year, up from their prior estimate of $3.45. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

Several other brokerages also recently commented on EMA. Royal Bank Of Canada upped their price objective on Emera from C$69.00 to C$70.00 and gave the company an "outperform" rating in a research report on Monday. CIBC downgraded Emera from an "outperform" rating to a "neutral" rating and increased their price target for the stock from C$65.00 to C$68.00 in a research report on Monday. Desjardins set a C$62.00 price target on Emera and gave the stock a "hold" rating in a research report on Tuesday, May 6th. Cibc World Mkts downgraded Emera from a "strong-buy" rating to a "hold" rating in a research report on Monday. Finally, BMO Capital Markets increased their price target on Emera from C$65.00 to C$68.00 in a research report on Monday. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$64.33.

Emera Stock Performance

TSE EMA opened at C$65.86 on Tuesday. The company has a market cap of C$19.31 billion, a P/E ratio of 25.53, a P/E/G ratio of 6.20 and a beta of 0.35. 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 business's 50 day moving average price is C$62.61 and its 200-day moving average price is C$60.36. Emera has a fifty-two week low of C$48.68 and a fifty-two week high of C$67.42.

Emera Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 15th will be given a dividend of $0.725 per share. This represents a $2.90 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 1st. Emera's dividend payout ratio is currently 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.

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