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Emera Incorporated (TSE:EMA)
TSX:EMA
Emera (EMA) Stock Price & Analysis
516 Followers
EMA Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$41.71 - C$54.63
Previous CloseC$49.34
Volume916.84K
Average Volume (3M)1.30M
Market Cap
C$14.02B
Enterprise ValueC$33.43B
Total Cash (Recent Filing)C$567.00M
Total Debt (Recent Filing)C$19.97B
Price to Earnings (P/E)22.1
Beta0.53
Next Earnings
Aug 07, 2024EPS Estimate
C$0.63Last Dividend Ex-Date
Apr 30, 2024Dividend Yield5.85%
Share Statistics
EPS (TTM)2.24
Shares Outstanding285,800,000
10 Day Avg. Volume1,358,027
30 Day Avg. Volume1,302,868
Standard Deviation0.04
R-Squared0.12
Alpha0.00172
Financial Highlights & Ratios
Price to Book (P/B)2.92
Price to Sales (P/S)8.78
Price to Cash Flow (P/CF)8.30
P/FCF Ratio5.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$53.49Price Target Upside6.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Emera News
PremiumCompany Announcements
Emera Incorporated Q1 2024 Financial Overview
PremiumCompany Announcements
Emera Reports Decline in Q1 2024 Earnings
PremiumCompany Announcements
Emera Prepares for 2024 Shareholders MeetingBulls Say, Bears Say
Bulls Say
Financial StrategyPotential asset sale announcements by the end of Q2 could fetch significant equity proceeds, enhancing financial flexibility.
Growth PotentialEMA reaffirmed its 2024-2026 base capex plan with potential optionality that could drive rate base growth.
ValuationAttractive relative valuation with a lower P/E ratio compared to industry peer average.
Bears Say
Dividend SustainabilityThe market is not currently rewarding EMA for its dividend growth, creating incremental market concerns around dividend sustainability due to the elevated EPS payout ratio.
Earnings PerformanceEMA reported Q4/23 adj. EPS of $0.63, below $0.70 consensus and the analyst's expectation of $0.66, indicating performance fell short of market expectations.
Financial TargetsEMA shares came under pressure likely due to the 10% EPS miss to consensus and not meeting FFO/debt targets, combined with rising long bond yields.
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Options Prices
Currently, No data available
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Ownership Overview
0.24% Insiders
4.10% Mutual Funds
9.89% Other Institutional Investors
85.77% Public Companies and
Individual Investors
EMA FAQ
What was Emera Incorporated’s price range in the past 12 months?
Emera Incorporated lowest stock price was C$41.71 and its highest was C$54.63 in the past 12 months.
What is Emera Incorporated’s market cap?
Currently, no data Available
When is Emera Incorporated’s upcoming earnings report date?
Emera Incorporated’s upcoming earnings report date is Aug 07, 2024 which is in 82 days.
How were Emera Incorporated’s earnings last quarter?
Emera Incorporated released its earnings results on May 13, 2024. The company reported C$0.76 earnings per share for the quarter, missing the consensus estimate of C$0.815 by -C$0.055.
Is Emera Incorporated overvalued?
According to Wall Street analysts Emera Incorporated’s price is currently Undervalued.
Does Emera Incorporated pay dividends?
Emera Incorporated pays a Quarterly dividend of C$0.72 which represents an annual dividend yield of 5.85%. See more information on Emera Incorporated dividends here
What is Emera Incorporated’s EPS estimate?
Emera Incorporated’s EPS estimate is C$0.63.
How many shares outstanding does Emera Incorporated have?
Emera Incorporated has 284,117,520 shares outstanding.
What happened to Emera Incorporated’s price movement after its last earnings report?
Emera Incorporated reported an EPS of C$0.76 in its last earnings report, missing expectations of C$0.815. Following the earnings report the stock price went down -1.276%.
Which hedge fund is a major shareholder of Emera Incorporated?
Currently, no hedge funds are holding shares in TSE:EMA
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Emera Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$53.49 (6.62% Upside)
C$53.49 (6.62% Upside)
Blogger Sentiment
Neutral
TSE:EMA Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $131.0K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.67%
12-Months-Change
Fundamentals
Return on Equity
5.70%
Trailing 12-Months
Asset Growth
3.14%
Trailing 12-Months
Company Description
Emera Incorporated
Emera, Inc. is an energy and services company, which invests in electricity generation, transmission and distribution and gas transmission and distribution. The company was founded on July 23, 1998 and is headquartered in Halifax, Canada.
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EMA Company Deck
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EMA Earnings Call
Q1 2024
0:00 / 0:00
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EMA Stock 12 Month Forecast
Average Price Target
C$53.49
▲(6.62% Upside)
Technical Analysis
Best Analysts Covering EMA
1 Year
1 Year Success Rate
19/25 ratings generated profit
1 Year Average Return
+12.04%
reiterated a buy rating 4 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 76.00% of your transactions generating a profit, with an average return of +12.04% per trade.
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