S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.46 (-0.40%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.46 (-0.40%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.46 (-0.40%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.46 (-0.40%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
TSE:EMA

Emera - EMA Stock Forecast, Price & News

C$60.46
+1.02 (+1.72%)
(As of 08/8/2022 03:45 PM ET)
Add
Compare
Today's Range
C$59.67
C$60.67
50-Day Range
C$57.71
C$63.57
52-Week Range
C$56.87
C$65.23
Volume
537,619 shs
Average Volume
1.20 million shs
Market Capitalization
C$15.91 billion
P/E Ratio
26.52
Dividend Yield
4.46%
Price Target
C$64.46
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, 2021, the company's electric utilities served approximately 810,600 customers in West Central Florida; 536,000 customers in Nova Scotia; 132,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and 35,700 customers in the island of Dominica, as well as gas utilities and infrastructure served approximately 445,000 customers across Florida and 542,000 customers in New Mexico. It also provides insurance and reinsurance services to Emera and its affiliates, as well as offers financing services. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

Emera Trading Down 1.1 %

EMA opened at C$59.44 on Monday. The company has a debt-to-equity ratio of 156.73, a current ratio of 0.66 and a quick ratio of 0.29. The company's 50 day simple moving average is C$60.58 and its two-hundred day simple moving average is C$61.19. Emera has a 1-year low of C$56.87 and a 1-year high of C$65.23. The firm has a market capitalization of C$15.64 billion and a price-to-earnings ratio of 26.07.

Emera (TSE:EMA - Get Rating) last posted its quarterly earnings results on Friday, May 13th. The company reported C$0.92 EPS for the quarter, topping the consensus estimate of C$0.91 by C$0.01. The business had revenue of C$2.02 billion during the quarter, compared to analyst estimates of C$1.58 billion. Analysts expect that Emera will post 3.25 EPS for the current fiscal year.

Emera Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Shareholders of record on Tuesday, August 2nd will be paid a $0.663 dividend. This is an increase from Emera's previous quarterly dividend of $0.66. The ex-dividend date is Friday, July 29th. This represents a $2.65 annualized dividend and a dividend yield of 4.46%. Emera's payout ratio is 114.04%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EMA. CIBC lifted their price target on Emera from C$64.00 to C$66.00 in a research note on Thursday, April 21st. CSFB upped their price target on Emera from C$63.00 to C$66.00 in a research report on Wednesday, April 13th. JPMorgan Chase & Co. decreased their target price on Emera from C$63.00 to C$59.00 in a research note on Tuesday, July 26th. Royal Bank of Canada increased their price objective on Emera from C$66.00 to C$72.00 and gave the company an "outperform" rating in a research report on Tuesday, May 17th. Finally, Scotiabank increased their target price on Emera from C$65.00 to C$69.00 in a report on Tuesday, April 19th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of C$64.46.

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 Stock News Headlines

Emera (TSE:EMA) Price Target Cut to C$59.00
Stocks in play: Emera Inc
Emera Inc Pref Series H stock eased on Friday.
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 5/16 Dividend
4/29/2022
Last Earnings
5/13/2022
Dividend Payable
5/16/2022
Ex-Dividend for 8/15 Dividend
7/29/2022
Today
8/08/2022
Next Earnings (Estimated)
8/10/2022
Dividend Payable
8/15/2022

Industry, Sector and Symbol

Industry
Utilities - Diversified
Sub-Industry
N/A
Sector
Utilities
CIK
N/A
Fax
N/A
Employees
7,523
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$64.46
High Stock Price Forecast
C$72.00
Low Stock Price Forecast
C$58.00
Forecasted Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.17 billion
Cash Flow
C$1.45 per share
Book Value
C$33.73 per share

Miscellaneous

Free Float
N/A
Market Cap
C$15.91 billion
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Scott Carlyle Balfour (Age 58)
    CEO, Pres & Director
    Comp: $2.42M
  • Mr. Gregory W. Blunden F.C.A. (Age 57)
    FCPA, Chief Financial Officer
    Comp: $1.16M
  • Mr. Bruce A. Marchand
    Chief Legal & Compliance Officer
  • Mr. Richard C. Janega P.Eng.
    COO of Electric Utilities, Canada & Caribbean and CEO of Emera Newfoundland & Labrador
  • Ms. Karen E. Hutt
    Exec. VP of Bus. Devel. & Strategy
  • Mr. Scott LaFleur
    Acting Mang., Investor Relations
  • 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?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Emera in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EMA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EMA, but not buy additional shares or sell existing shares.
View EMA analyst ratings
or view top-rated stocks.

What is Emera's stock price forecast for 2022?

11 equities research analysts have issued 1-year target prices for Emera's stock. Their EMA stock forecasts range from C$58.00 to C$72.00. On average, they expect the company's share price to reach C$64.46 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
View analysts price targets for EMA
or view top-rated stocks among Wall Street analysts.

How has Emera's stock price performed in 2022?

Emera's stock was trading at C$63.22 at the beginning of 2022. Since then, EMA shares have decreased by 4.6% and is now trading at C$60.33.
View the best growth stocks for 2022 here
.

When is Emera's next earnings date?

Emera is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our EMA earnings forecast
.

How were Emera's earnings last quarter?

Emera Incorporated (TSE:EMA) posted its quarterly earnings results on Friday, May, 13th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.01. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.58 billion.

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

Emera announced a quarterly dividend on Monday, July 11th. Investors of record on Tuesday, August 2nd will be paid a dividend of 0.663 per share on Monday, August 15th. This represents a $2.65 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date is Friday, July 29th. This is a boost from the stock's previous quarterly dividend of C$0.66.
Read our dividend analysis for EMA
.

Is Emera a good dividend stock?

Emera (TSE:EMA) pays an annual dividend of C$2.60 per share and currently has a dividend yield of 4.46%. EMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 114.04%. Payout ratios above 75% are not desirable because they may not be sustainable.
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$60.33.

How much money does Emera make?

Emera (TSE:EMA) has a market capitalization of C$15.87 billion and generates C$6.17 billion in revenue each year.

How many employees does Emera have?

Emera employs 7,523 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 8/8/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.