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TSE:EMA

Emera (EMA) Stock Price, News & Analysis

C$49.01
+0.09 (+0.18%)
(As of 07/26/2024 ET)
Today's Range
C$48.95
C$49.30
50-Day Range
C$44.55
C$50.43
52-Week Range
C$43.67
C$55.49
Volume
506,988 shs
Average Volume
1.22 million shs
Market Capitalization
C$14.05 billion
P/E Ratio
21.98
Dividend Yield
5.86%
Price Target
C$50.44

Emera MarketRank™ Stock Analysis

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
2.9% Upside
C$50.44 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.10mentions of Emera in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.87 out of 5 stars

EMA stock logo

About Emera Stock (TSE:EMA)

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. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass power plants. The company is also involved in the purchase, transmission, distribution, and sale of natural gas; and the provision of energy marketing, trading, and other energy asset management services. In addition, it transports re-gasified liquefied natural gas from Saint John, New Brunswick to consumers in the northeastern United States through its 145-kilometer pipeline. As of December 31, 2023, the company's electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

EMA Stock Price History

EMA Stock News Headlines

Emera Inc. stock rises Friday, still underperforms market
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Emera (TSE:EMA) PT Lowered to C$50.00 at CIBC
Closing Bell: Emera Inc. up on Tuesday (EMA-PR-L)
Collapse of the Petrodollar
The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.
See More Headlines
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Company Calendar

Ex-Dividend for 5/15 Dividend
4/30/2024
Last Earnings
5/13/2024
Dividend Payable
5/15/2024
Today
7/26/2024
Ex-Dividend for 8/15 Dividend
8/01/2024
Next Earnings (Confirmed)
8/09/2024
Dividend Payable
8/15/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Utilities - Regulated Electric
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,366
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$50.44
High Stock Price Target
C$60.00
Low Stock Price Target
C$37.00
Potential Upside/Downside
+2.4%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
C$624.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.15 billion
Cash Flow
C$1.82 per share
Book Value
C$38.43 per share

Miscellaneous

Free Float
N/A
Market Cap
C$14.12 billion
Optionable
Not Optionable
Beta
0.28
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Key Executives

  • Mr. Scott Carlyle Balfour (Age 60)
    CEO, President & Director
    Comp: $2.48M
  • Mr. Gregory W. Blunden F.C.A. (Age 59)
    FCPA, Chief Financial Officer
    Comp: $1.22M
  • Mr. Bruce A. Marchand
    Chief Risk & Sustainability Officer
  • Ms. Karen E. Hutt
    Executive Vice President of Business Development & Strategy
  • Mr. Archibald D. Collins
    President & CEO of Tampa Electric
  • Mr. Dave Bezanson
    Vice President of Investor Relations & Pensions
  • Mr. Michael R. Barrett B.Com.
    L.L.B., M.B.A., Executive VP, Legal & General Counsel
  • Mr. R. Michael Roberts CA
    Chief Human Resources Officer
  • Mr. Daniel P. Muldoon
    Executive Vice President of Project Development & Operations Support
  • Mr. Chris Heck
    Chief Digital Officer

EMA Stock Analysis - Frequently Asked Questions

How have EMA shares performed this year?

Emera's stock was trading at C$50.30 at the beginning of the year. Since then, EMA stock has decreased by 2.6% and is now trading at C$49.01.
View the best growth stocks for 2024 here
.

How were Emera's earnings last quarter?

Emera Incorporated (TSE:EMA) issued its quarterly earnings results on Monday, May, 13th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.79 by $0.03. The firm earned $2.02 billion during the quarter, compared to the consensus estimate of $2.04 billion. Emera had a net margin of 9.69% and a trailing twelve-month return on equity of 5.71%.

How do I buy shares of Emera?

Shares of EMA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Emera own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Emera investors own include Freehold Royalties (FRU), Bank of Nova Scotia (BNS), Timbercreek Financial (TF), Pembina Pipeline (PPL), Canoe EIT Income Fund (ENDTF), Enbridge (ENB) and Royal Bank of Canada (RY).

This page (TSE:EMA) was last updated on 7/26/2024 by MarketBeat.com Staff

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