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Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
Would Buffett Approve of This Growth Strategy? (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
Would Buffett Approve of This Growth Strategy? (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
TSE:EMA

Emera (EMA) Stock Forecast, Price & News

C$50.58
+0.11 (+0.22%)
(As of 09/22/2023 08:53 PM ET)
Compare
Today's Range
C$49.92
C$50.72
50-Day Range
C$49.50
C$55.40
52-Week Range
C$48.63
C$61.11
Volume
531,572 shs
Average Volume
1.14 million shs
Market Capitalization
C$13.81 billion
P/E Ratio
11.02
Dividend Yield
5.46%
Price Target
C$58.64

Emera MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
15.9% Upside
C$58.64 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Emera in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars


EMA stock logo

About Emera (TSE:EMA) Stock

Emera Incorporated, an energy and services company, 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 coal-fired, natural gas and/or oil, hydro, wind, solar, petroleum coke, and biomass-fueled 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, 2022, the company's electric utilities served approximately 827,000 customers in West Central Florida; 541,000 customers in Nova Scotia; 133,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 468,000 customers across Florida and 545,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

EMA Price History

EMA Stock News Headlines

Emera (TSE:EMA) Given New C$57.00 Price Target at Scotiabank
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Emera Inc Pref E (EMA_pe)
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
Closing Bell: Emera Incorporated down on Thursday (EMA)
Closing Bell: Emera Inc down on Monday (EMA-PR-J)
3 Top TSX Stocks I’d Hold Forever
Better Buy: Fortis Stock or Emera?
See More Headlines
Receive EMA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Emera and its competitors with MarketBeat's FREE daily newsletter.

EMA Company Calendar

Ex-Dividend for 8/15 Dividend
7/31/2023
Last Earnings
8/11/2023
Dividend Payable
8/15/2023
Today
9/25/2023
Next Earnings (Estimated)
11/10/2023

Industry, Sector and Symbol

Industry
Utilities—Regulated Electric
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
7,122
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$58.64
High Stock Price Forecast
C$64.00
Low Stock Price Forecast
C$55.00
Forecasted Upside/Downside
+15.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
C$1.24 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$8.04 billion
Cash Flow
C$1.87 per share
Book Value
C$37.24 per share

Miscellaneous

Free Float
N/A
Market Cap
C$13.81 billion
Optionable
Not Optionable
Beta
0.24
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Key Executives

  • Mr. Scott Carlyle Balfour (Age 59)
    CEO, Pres & Director
    Comp: $2.22M
  • Mr. Gregory W. Blunden F.C.A. (Age 58)
    FCPA, Chief Financial Officer
    Comp: $1.1M
  • Mr. Bruce A. Marchand
    Chief Risk & Sustainability Officer
  • Ms. Karen E. Hutt
    Exec. VP of Bus. Devel. & Strategy
  • Mr. Dave Bezanson
    VP of Investor Relations & Pensions
  • Mr. Michael R. Barrett B.Com.
    L.L.B., M.B.A., Exec. VP, Legal & Gen. Counsel
  • Ms. Lisa Merrithew
    VP of Communications & Corp. Affairs
  • Mr. R. Michael Roberts
    Chief HR Officer
  • Mr. Daniel P. Muldoon
    Exec. VP of Project Devel. & Operations Support
  • Mr. Scott Hastings
    Sr. Director of Capital Markets













EMA Stock - Frequently Asked Questions

Should I buy or sell Emera stock right now?

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.

What is Emera's stock price forecast for 2023?

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.

How have EMA shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

When is Emera's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 10th 2023.
View our EMA earnings forecast
.

How were Emera's earnings last quarter?

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%.

How often does Emera pay dividends? What is the dividend yield for Emera?

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
.

Is Emera a good dividend stock?

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.

What other stocks do shareholders of Emera own?
What is Emera's stock symbol?

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

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 is Emera's stock price today?

One share of EMA stock can currently be purchased for approximately C$50.58.

How much money does Emera make?

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.

How many employees does Emera have?

The company employs 7,122 workers across the globe.

How can I contact Emera?

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.

This page (TSE:EMA) was last updated on 9/25/2023 by MarketBeat.com Staff

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