Brokers Offer Predictions for Emera Incorporated's FY2025 Earnings (TSE:EMA)

Emera Incorporated (TSE:EMA - Free Report) - Equities researchers at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Emera in a research report issued to clients and investors on Monday, May 13th. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $3.38 for the year, down from their prior forecast of $3.68. The consensus estimate for Emera's current full-year earnings is $3.24 per share.

Emera (TSE:EMA - Get Free Report) last posted its earnings results on Monday, February 26th. The company reported C$0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.71 by C($0.08). Emera had a net margin of 13.80% and a return on equity of 8.88%. The business had revenue of C$1.97 billion during the quarter, compared to analyst estimates of C$1.97 billion.

Other analysts have also recently issued research reports about the company. National Bankshares reduced their price target on Emera from C$50.00 to C$49.00 in a research report on Tuesday, February 27th. Scotiabank lowered their price target on Emera from C$56.00 to C$52.00 and set an "outperform" rating on the stock in a report on Monday, April 22nd. Royal Bank of Canada reduced their price objective on shares of Emera from C$62.00 to C$60.00 and set an "outperform" rating for the company in a research note on Tuesday, February 27th. TD Securities decreased their price objective on shares of Emera from C$57.00 to C$54.00 and set a "buy" rating for the company in a report on Tuesday. Finally, Raymond James cut their target price on shares of Emera from C$55.00 to C$54.00 in a research report on Thursday, April 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of C$54.09.

Emera Stock Up 1.7 %

TSE:EMA traded up C$0.83 during trading hours on Thursday, reaching C$50.17. The company's stock had a trading volume of 913,134 shares, compared to its average volume of 1,243,350. The company has a debt-to-equity ratio of 164.26, a current ratio of 0.82 and a quick ratio of 0.23. The company has a market cap of C$14.36 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 2.77 and a beta of 0.28. Emera has a one year low of C$43.67 and a one year high of C$57.93. The business's 50-day moving average is C$47.48 and its 200-day moving average is C$48.27.

Emera Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th were given a dividend of $0.717 per share. The ex-dividend date of this dividend was Tuesday, April 30th. This represents a $2.87 annualized dividend and a dividend yield of 5.72%. Emera's dividend payout ratio (DPR) is currently 80.39%.

Emera Company Profile

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.