Raymond James Issues Optimistic Estimate for Emera Earnings

Emera Incorporated (TSE:EMA) – Analysts at Raymond James increased their Q1 2025 EPS estimates for shares of Emera in a research note issued on Sunday, February 23rd. Raymond James analyst T. Genzebu now expects that the company will earn $1.08 per share for the quarter, up from their prior estimate 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.

Several other analysts have also commented on the company. JPMorgan Chase & Co. raised Emera from an “underperform” rating to a “neutral” rating and boosted their price target for the company from C$51.00 to C$56.00 in a research note on Thursday, December 12th. Bank of America raised shares of Emera from a “neutral” rating to a “buy” rating and upped their target price for the stock from C$55.00 to C$57.00 in a report on Monday, November 25th. Cibc World Mkts raised shares of Emera from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. 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. Finally, BMO Capital Markets raised their price objective on shares of Emera from C$58.00 to C$60.00 in a report on Monday. Three 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of C$58.10.

Emera Stock Up 0.5 %

Shares of EMA opened at C$57.28 on Wednesday. Emera has a 12 month low of C$44.13 and a 12 month high of C$57.93. The stock has a market cap of C$16.80 billion, a price-to-earnings ratio of 22.20, a P/E/G ratio of 6.20 and a beta of 0.35. The company has a 50-day moving average price of C$54.56 and a two-hundred day moving average price of C$52.85. The company has a quick ratio of 0.23, a current ratio of 0.72 and a debt-to-equity ratio of 150.23.

Emera Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were given a $0.725 dividend. This represents a $2.90 annualized dividend and a yield of 5.06%. The ex-dividend date was Friday, January 31st. Emera’s dividend payout ratio (DPR) is presently 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.