Equities Analysts Offer Predictions for Emera Q1 Earnings

Emera Incorporated (TSE:EMA - Free Report) - Equities research analysts at National Bank Financial issued their Q1 2025 earnings estimates for shares of Emera in a report released on Tuesday, April 22nd. National Bank Financial analyst P. Kenny anticipates that the company will post earnings per share of $1.05 for the quarter. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

A number of other research firms also recently weighed in on EMA. Raymond James reduced their price target on shares of Emera from C$64.00 to C$59.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. CIBC lifted their target price on shares of Emera from C$63.00 to C$64.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Royal Bank of Canada upped their price target on shares of Emera from C$60.00 to C$63.00 in a research report on Monday, February 24th. BMO Capital Markets lifted their price target on shares of Emera from C$58.00 to C$60.00 in a report on Monday, February 24th. Finally, UBS Group lifted their price target on shares of Emera from C$54.00 to C$59.00 in a report on Friday, March 21st. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$58.64.

Emera Price Performance

Shares of EMA traded up C$0.10 during mid-day trading on Thursday, reaching C$61.18. The company had a trading volume of 123,506 shares, compared to its average volume of 1,422,443. The company's 50 day simple moving average is C$59.32 and its 200 day simple moving average is C$55.47. Emera has a 1-year low of C$44.13 and a 1-year high of C$63.13. 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 company has a market capitalization of C$17.94 billion, a price-to-earnings ratio of 23.71, a P/E/G ratio of 6.20 and a beta of 0.35.

Emera Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be paid a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Thursday, May 1st. Emera's dividend payout ratio is presently 112.40%.

About Emera

Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.