Raymond James Financial Raises Earnings Estimates for Emera

Emera Incorporated (TSE:EMA - Free Report) - Research analysts at Raymond James Financial upped their FY2025 earnings estimates for Emera in a report released on Tuesday, July 22nd. Raymond James Financial analyst T. Genzebu now forecasts that the company will earn $3.41 per share for the year, up from their prior estimate of $3.37. Raymond James Financial has a "Outperform" rating and a $59.00 price target on the stock. The consensus estimate for Emera's current full-year earnings is $3.20 per share. Raymond James Financial also issued estimates for Emera's Q1 2026 earnings at $1.13 EPS, Q2 2026 earnings at $0.55 EPS and FY2026 earnings at $3.42 EPS.

Other equities research analysts have also recently issued reports about the company. Desjardins set a C$62.00 target price on Emera and gave the company a "hold" rating in a research report on Tuesday, May 6th. BMO Capital Markets increased their price target on Emera from C$60.00 to C$65.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. TD Securities upgraded Emera to a "strong-buy" rating and set a C$69.00 price objective for the company in a research report on Friday, June 27th. Finally, CIBC upped their target price on Emera from C$63.00 to C$64.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of C$60.58.

Emera Price Performance

Shares of Emera stock traded up C$0.36 during trading hours on Thursday, reaching C$64.04. The stock had a trading volume of 413,834 shares, compared to its average volume of 1,279,761. The stock's 50 day moving average is C$61.92 and its 200 day moving average is C$59.36. 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 twelve month low of C$48.53 and a twelve month high of C$64.25. The firm has a market capitalization of C$18.78 billion, a PE ratio of 24.82, a PEG ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 1st will be paid a $0.725 dividend. This represents a $2.90 annualized dividend and a yield of 4.53%. The ex-dividend date 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.