Emera (EMA) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emera in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EMA shares.
View EMA analyst ratings or view top-rated stocks.

8 equities research analysts have issued 1-year price objectives for Emera's stock. Their EMA share price forecasts range from C$55.00 to C$68.99. On average, they anticipate the company's share price to reach C$61.00 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for EMA or view top-rated stocks among Wall Street analysts.

Emera's stock was trading at C$51.75 on January 1st, 2023. Since then, EMA shares have increased by 8.9% and is now trading at C$56.38.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our EMA earnings forecast.

Emera announced a quarterly dividend on Friday, April 28th. Stockholders of record on Monday, May 15th will be given a dividend of 0.69 per share on Monday, May 15th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Friday, April 28th.
Read our dividend analysis for EMA.

Emera (TSE:EMA) pays an annual dividend of C$2.76 per share and currently has a dividend yield of 4.84%. EMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 77.75%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for EMA.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Fortis (FTS) and Toronto-Dominion Bank (TD).

Emera trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EMA."

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.
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One share of EMA stock can currently be purchased for approximately C$56.38.

Emera (TSE:EMA) has a market capitalization of C$15.30 billion and generates C$7.59 billion in revenue each year. The company earns C$945.10 million in net income (profit) each year or C$3.55 on an earnings per share basis.

The company employs 7,523 workers across the globe.

Emera's mailing address is 1223 Lower Water St, HALIFAX, NS B3J 3S8, Canada. The official website for the company is www.emera.com. The company can be reached via phone at +1-902-4500507.