Emera (EMA) Stock Forecast, Price & News

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

8 Wall Street research analysts have issued twelve-month price objectives for Emera's shares. Their EMA share price forecasts range from C$55.00 to C$64.00. On average, they predict the company's share price to reach C$58.64 in the next year. This suggests a possible upside of 15.9% 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 at the start of the year. Since then, EMA shares have decreased by 2.3% and is now trading at C$50.58.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 10th 2023.
View our EMA earnings forecast.

Emera Incorporated (TSE:EMA) issued its earnings results on Friday, August, 11th. The company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.84 billion. Emera had a net margin of 16.19% and a trailing twelve-month return on equity of 11.81%.

Emera announced a quarterly dividend on Monday, July 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of 0.69 per share on Tuesday, August 15th. This represents a $2.76 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date of this dividend is Monday, July 31st.
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 5.33%. EMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 60.13%. This payout ratio is at a healthy, sustainable level, below 75%.
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$50.58.

Emera (TSE:EMA) has a market capitalization of C$13.81 billion and generates C$8.04 billion in revenue each year. The company earns C$1.24 billion in net income (profit) each year or C$4.59 on an earnings per share basis.

The company employs 7,122 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.