Desjardins Issues Optimistic Estimate for Emera Earnings

Key Points

• Analysts from Desjardins have raised Emera's Q3 2025 earnings estimate to $0.95 per share, up from $0.92, while maintaining a "Hold" rating and a price target of $62.00.
• Various financial institutions have adjusted their price targets for Emera, with TD Securities increasing their target to C$74.00 and Scotiabank raising theirs to C$70.00, while also providing positive ratings.
• Emera has declared a quarterly dividend of $0.725 per share, which represents an annualized yield of 4.4%.

Emera Incorporated (TSE:EMA - Free Report) - Equities researchers at Desjardins lifted their Q3 2025 earnings estimates for Emera in a research note issued to investors on Sunday, August 10th. Desjardins analyst B. Stadler now expects that the company will post earnings of $0.95 per share for the quarter, up from their prior estimate of $0.92. Desjardins has a "Hold" rating and a $62.00 price target on the stock. The consensus estimate for Emera's current full-year earnings is $3.20 per share.

A number of other equities analysts also recently weighed in on EMA. TD Securities boosted their target price on shares of Emera from C$69.00 to C$74.00 and gave the stock a "buy" rating in a report on Monday. BMO Capital Markets boosted their target price on shares of Emera from C$65.00 to C$68.00 in a report on Monday. CIBC downgraded shares of Emera from an "outperform" rating to a "neutral" rating and boosted their target price for the stock from C$65.00 to C$68.00 in a report on Monday. National Bankshares boosted their target price on shares of Emera from C$60.00 to C$62.00 and gave the company a "sector perform" rating in a research report on Monday. Finally, Royal Bank Of Canada boosted their target price on shares of Emera from C$69.00 to C$70.00 and gave the company an "outperform" rating in a research report on Monday. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$64.33.

Emera Stock Up 1.4%

EMA traded up C$0.88 during trading on Wednesday, reaching C$65.66. 1,244,960 shares of the stock were exchanged, compared to its average volume of 1,279,771. The stock has a market cap of C$19.25 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35. Emera has a twelve month low of C$49.06 and a twelve month high of C$67.42. The stock's 50 day moving average price is C$62.82 and its two-hundred day moving average price is C$60.49. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72.

Emera Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be given a dividend of $0.725 per share. This represents a $2.90 dividend on an annualized basis and a 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.