National Bank Financial Cuts Earnings Estimates for Emera

Emera Incorporated (TSE:EMA) – Research analysts at National Bank Financial lowered their FY2026 earnings per share estimates for Emera in a note issued to investors on Sunday, February 23rd. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $3.44 for the year, down from their prior estimate of $3.57. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.

A number of other brokerages have also commented on EMA. JPMorgan Chase & Co. raised shares of Emera from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from C$51.00 to C$56.00 in a research report on Thursday, December 12th. Cibc World Mkts upgraded Emera from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Wells Fargo & Company upped their target price on Emera from C$51.00 to C$56.00 in a report on Monday, December 9th. CIBC raised their price target on Emera from C$58.00 to C$59.00 in a research note on Monday. Finally, BMO Capital Markets boosted their price target on Emera from C$58.00 to C$60.00 in a research report on Monday. Three 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 data from MarketBeat, Emera currently has an average rating of “Moderate Buy” and an average price target of C$58.10.

Emera Stock Performance

TSE EMA opened at C$57.00 on Tuesday. The company has a market cap of C$16.71 billion, a PE ratio of 22.09, a price-to-earnings-growth 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$57.93. The company has a 50 day moving average price of C$54.50. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23.

Emera Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 14th were paid a $0.725 dividend. This represents a $2.90 dividend on an annualized basis and a yield of 5.09%. 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.