Raymond James Issues Positive Outlook for Emera Earnings

Emera Incorporated (TSE:EMA) – Equities researchers at Raymond James lifted their Q1 2025 EPS estimates for Emera in a report released on Sunday, November 10th. Raymond James analyst D. Quezada now anticipates that the company will post earnings of $1.04 per share for the quarter, up from their prior estimate of $1.03. Raymond James currently has a “Outperform” rating and a $57.00 target price on the stock. The consensus estimate for Emera’s current full-year earnings is $3.20 per share. Raymond James also issued estimates for Emera’s Q3 2025 earnings at $0.75 EPS.

A number of other research analysts also recently commented on the stock. Royal Bank of Canada raised their target price on shares of Emera from C$57.00 to C$60.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. JPMorgan Chase & Co. boosted their price target on Emera from C$45.00 to C$46.00 in a research note on Thursday, July 25th. Scotiabank boosted their target price on shares of Emera from C$52.00 to C$55.00 and gave the company an “outperform” rating in a research report on Tuesday, August 20th. CIBC reduced their price objective on Emera from C$51.00 to C$50.00 and set a “neutral” rating for the company in a research note on Monday, July 22nd. Finally, National Bankshares upped their target price on Emera from C$49.00 to C$54.00 and gave the stock a “sector perform” rating in a research note on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$52.10.

Emera Stock Up 0.1 %

Shares of TSE EMA opened at C$50.44 on Wednesday. The company has a debt-to-equity ratio of 155.62, a quick ratio of 0.23 and a current ratio of 0.79. The stock has a 50 day moving average price of C$51.98 and a 200 day moving average price of C$49.24. The firm has a market capitalization of C$14.55 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 6.20 and a beta of 0.35. Emera has a 52-week low of C$44.13 and a 52-week high of C$54.19.

Emera Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 15th will be given a $0.725 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.90 annualized dividend and a dividend yield of 5.75%. Emera’s dividend payout ratio (DPR) is presently 112.84%.

About Emera

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.