Should I buy or sell Emera stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emera in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

9 brokerages have issued 12-month price targets for Emera's shares. Their EMA share price targets range from C$48.00 to C$60.00. On average, they expect the company's share price to reach C$55.20 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View analysts price targets for EMA or view top-rated stocks among Wall Street analysts .

How have EMA shares performed in 2024?

Emera's stock was trading at C$50.30 at the start of the year. Since then, EMA shares have decreased by 6.8% and is now trading at C$46.86. View the best growth stocks for 2024 here .

When is Emera's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our EMA earnings forecast .

How were Emera's earnings last quarter?

Emera Incorporated (TSE:EMA) released its quarterly earnings data on Monday, February, 26th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.08. The company earned $1.97 billion during the quarter, compared to analyst estimates of $1.97 billion. Emera had a net margin of 13.80% and a trailing twelve-month return on equity of 8.88%.

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

Emera declared a quarterly dividend on Friday, April 12th. Investors of record on Wednesday, May 1st will be paid a dividend of 0.717 per share on Wednesday, May 15th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date is Tuesday, April 30th. Read our dividend analysis for EMA .

Is Emera a good dividend stock?

Emera (TSE:EMA) pays an annual dividend of C$2.87 per share and currently has a dividend yield of 6.06%. EMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.39%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Emera investors own include Freehold Royalties (FRU) , Bank of Nova Scotia (BNS) , Timbercreek Financial (TF) , Pembina Pipeline (PPL) , Canoe EIT Income Fund (ENDTF) , Enbridge (ENB) , Royal Bank of Canada (RY) , Bank of Nova Scotia (BNS) , Fortis (FTS) and Toronto-Dominion Bank (TD) .

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 .

TSE:EMA

Emera (EMA) Stock Price, News & Analysis

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Free EMA Stock Alerts

C$46.86

+0.46 (+0.99%)

(As of 01:08 PM ET)

Compare

Today's Range: C$46.28
▼
C$46.91
50-Day Range: C$46.34
▼
C$48.87
52-Week Range: C$43.67
▼
C$59.52

Volume: 237,071 shs
Average Volume: 1.16 million shs
Market Capitalization: C$13.39 billion

P/E Ratio: 13.13
Dividend Yield: 6.12%
Price Target: C$55.20

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get Emera alerts:

Emera MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 17.8% Upside
C$55.20 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.44
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.79 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
Emera has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Emera has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for EMA.

1.7

Dividend Strength

Dividend Leadership
Emera is a leading dividend payer. It pays a dividend yield of 6.06%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Emera does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Emera is 80.39%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EMA.

1.9

News and Social Media Coverage

News Sentiment
Emera has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Emera this week, compared to 1 article on an average week.
Search Interest
Only 7 people have searched for EMA on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Emera to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Emera insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.09% of the stock of Emera is held by insiders.
Percentage Held by Institutions
Only 30.68% of the stock of Emera is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Emera is 13.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of Emera is 13.13, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 79.11.
Price to Earnings Growth Ratio
Emera has a PEG Ratio of 2.77. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Emera has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Emera Stock (TSE:EMA)

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. It generates electricity through natural gas, solar, hydroelectricity, coal, and biomass 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, 2023, the company's electric utilities served approximately 840,000 customers in West Central Florida; 549,000 customers in Nova Scotia; 134,000 customers in the island of Barbados; 19,000 customers in the Grand Bahama Island; and gas utilities and infrastructure served approximately 490,000 customers across Florida and 540,000 customers in New Mexico. The company was incorporated in 1998 and is headquartered in Halifax, Canada.

EMA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EMA Stock News Headlines

April 14, 2024 | msn.com

Emera Incorporated 1ST PFD SER E declares CAD 0.2812 dividend

April 12, 2024 | seekingalpha.com

Emera Incorporated CUM PFD-B FLT declares CAD 0.4242 dividend

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 12, 2024 | seekingalpha.com

Emera Incorporated CUM PFD 5 YR declares CAD 0.1364 dividend

April 12, 2024 | financialpost.com

Emera Declares Quarterly Dividends

April 9, 2024 | investing.com

Emera Inc Pref B (EMA_pb)

April 9, 2024 | investing.com

Emera Inc Pref F (EMA_pf)

April 8, 2024 | finance.yahoo.com

Investors Met With Slowing Returns on Capital At Emera (TSE:EMA)

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 17, 2024 | seekingalpha.com

EMA:CA Emera Incorporated

March 15, 2024 | investing.com

Emera Inc Pref A (EMA_pa)

March 14, 2024 | ca.news.yahoo.com

Grande Prairie MLA wants faster recognition for foreign credentials

March 12, 2024 | msn.com

For a Shot at $5,000 in Annual Passive Income, Buy 1,741 Shares of This Stock

March 7, 2024 | theglobeandmail.com

Brian Porter

March 1, 2024 | uk.finance.yahoo.com

Emera Full Year 2023 Earnings: EPS Beats Expectations

February 26, 2024 | finance.yahoo.com

Emera Insiders Placed Bullish Bets Worth CA$3.13m

February 5, 2024 | finance.yahoo.com

Emera Incorporated (TSE:EMA) Delivered A Better ROE Than Its Industry

January 30, 2024 | fool.ca

2024 Tax Planning: 3 Critical CRA Benefits You Shouldn’t Overlook

January 23, 2024 | wsj.com

Emera Inc.

January 17, 2024 | seekingalpha.com

Emera: Asset Sales Would Dial Down Risk, But Valuation Looks Rich

January 12, 2024 | msn.com

Emera Incorporated 4.9% PFD SER H declares CAD 0.3952 dividend

December 28, 2023 | theglobeandmail.com

Closing Bell: Emera Inc. down on Wednesday (EMA-PR-L)

December 19, 2023 | investing.com

EMA_pc Historical Data

December 17, 2023 | finance.yahoo.com

Investing in Emera (TSE:EMA) five years ago would have delivered you a 45% gain

November 23, 2023 | finance.yahoo.com

Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 34%?

November 10, 2023 | finance.yahoo.com

Emera Reports 2023 Third Quarter Financial Results and $8.9 billion Three Year Capital Outlook

November 7, 2023 | investing.com

Emera Srs C Cum Rr Prf (EMA_pc)

See More Headlines

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Company Calendar

Ex-Dividend for 2/15 Dividend: 1/31/2024
Dividend Payable: 2/15/2024
Last Earnings: 2/26/2024
Today: 4/19/2024
Ex-Dividend for 5/15 Dividend: 4/30/2024
Next Earnings (Confirmed): 5/13/2024
Dividend Payable: 5/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Utilities
Industry: Utilities - Regulated Electric
Sub-Industry: N/A
Current Symbol: TSE:EMA
CUSIP: N/A
CIK: N/A
Web: www.emera.com
Phone: +1-902-4500507
Fax: N/A
Employees: 7,366
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$55.20
High Stock Price Target: C$60.00
Low Stock Price Target: C$48.00
Potential Upside/Downside: +19.0%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.57
Trailing P/E Ratio: 13.00
Forward P/E Ratio: 14.15
P/E Growth: 2.77
Net Income: C$977.70 million
Net Margins: 13.80%
Pretax Margin: N/A
Return on Equity: 8.88%
Return on Assets: 2.89%

Debt

Debt-to-Equity Ratio: 164.26
Current Ratio: 0.82
Quick Ratio: 0.23

Sales & Book Value

Annual Sales: C$7.56 billion
Price / Sales: 1.75
Cash Flow: C$1.71 per share
Price / Cash Flow: 27.11
Book Value: C$37.49 per share
Price / Book: 1.24

Miscellaneous

Outstanding Shares: 285,800,000
Free Float: N/A
Market Cap: C$13.26 billion
Optionable: Not Optionable
Beta: 0.28

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Key Executives

Mr. Scott Carlyle Balfour (Age 60)
CEO, President & Director
Comp: $2.48M
Mr. Gregory W. Blunden F.C.A. (Age 59)
FCPA, Chief Financial Officer
Comp: $1.22M
Mr. Bruce A. Marchand
Chief Risk & Sustainability Officer
Ms. Karen E. Hutt
Executive Vice President of Business Development & Strategy
Mr. Archibald D. Collins
President & CEO of Tampa Electric
Mr. Dave Bezanson
Vice President of Investor Relations & Pensions
Mr. Michael R. Barrett B.Com.
L.L.B., M.B.A., Executive VP, Legal & General Counsel
Mr. R. Michael Roberts CA
Chief Human Resources Officer
Mr. Daniel P. Muldoon
Executive Vice President of Project Development & Operations Support
Mr. Chris Heck
Chief Digital Officer

Key Competitors

View All Competitors

EMA Stock Analysis - Frequently Asked Questions

Should I buy or sell Emera stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Emera in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 9 brokerages have issued 12-month price targets for Emera's shares. Their EMA share price targets range from C$48.00 to C$60.00. On average, they expect the company's share price to reach C$55.20 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for EMA or view top-rated stocks among Wall Street analysts.
How have EMA shares performed in 2024?: Emera's stock was trading at C$50.30 at the start of the year. Since then, EMA shares have decreased by 6.8% and is now trading at C$46.86.
View the best growth stocks for 2024 here.
When is Emera's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our EMA earnings forecast.
How were Emera's earnings last quarter?: Emera Incorporated (TSE:EMA) released its quarterly earnings data on Monday, February, 26th. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by $0.08. The company earned $1.97 billion during the quarter, compared to analyst estimates of $1.97 billion. Emera had a net margin of 13.80% and a trailing twelve-month return on equity of 8.88%.

How often does Emera pay dividends? What is the dividend yield for Emera?: Emera declared a quarterly dividend on Friday, April 12th. Investors of record on Wednesday, May 1st will be paid a dividend of 0.717 per share on Wednesday, May 15th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date is Tuesday, April 30th.
Read our dividend analysis for EMA.
Is Emera a good dividend stock?: Emera (TSE:EMA) pays an annual dividend of C$2.87 per share and currently has a dividend yield of 6.06%. EMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 80.39%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Emera investors own include Freehold Royalties (FRU), Bank of Nova Scotia (BNS), Timbercreek Financial (TF), Pembina Pipeline (PPL), Canoe EIT Income Fund (ENDTF), Enbridge (ENB), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Fortis (FTS) and Toronto-Dominion Bank (TD).
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.

This page (TSE:EMA) was last updated on 4/19/2024 by MarketBeat.com Staff

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Emera (EMA) Stock Price, News & Analysis

Emera MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Emera Stock (TSE:EMA)

EMA Stock Price History

EMA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

EMA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™