Raymond James Issues Optimistic Estimate for Emera Earnings

Emera Incorporated (TSE:EMA) – Stock analysts at Raymond James lifted their Q1 2025 earnings estimates for Emera in a note issued to investors on Sunday, February 23rd. Raymond James analyst T. Genzebu now expects that the company will post earnings of $1.08 per share for the quarter, up from their prior forecast of $1.02. The consensus estimate for Emera’s current full-year earnings is $3.20 per share. Raymond James also issued estimates for Emera’s Q2 2025 earnings at $0.49 EPS and Q3 2025 earnings at $0.76 EPS.

A number of other analysts also recently issued reports on EMA. Scotiabank raised their target price on Emera from C$60.00 to C$62.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. BMO Capital Markets lifted their price objective on Emera from C$58.00 to C$60.00 in a report on Monday. Cibc World Mkts raised shares of Emera from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. National Bankshares lifted their target price on shares of Emera from C$54.00 to C$55.00 in a research note on Thursday, December 5th. Finally, Royal Bank of Canada boosted their price target on shares of Emera from C$60.00 to C$63.00 in a research report on Monday. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Emera has a consensus rating of “Moderate Buy” and a consensus price target of C$58.10.

Emera Trading Down 1.1 %

TSE:EMA opened at C$57.44 on Wednesday. Emera has a 12 month low of C$44.13 and a 12 month high of C$58.73. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23. The firm’s 50 day moving average is C$54.73 and its 200 day moving average is C$52.94. The stock has a market capitalization of C$16.84 billion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35.

Emera Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a dividend of $0.725 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $2.90 annualized dividend and a yield of 5.05%. Emera’s dividend payout ratio is currently 112.40%.

Emera Company Profile

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.