Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Emera Incorporated (TSE:EMA)
TSX:EMA
Emera (EMA) Stock Price & Analysis
489 Followers
EMA Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$42.36 - C$57.00
Previous CloseC$46.36
Volume1.20M
Average Volume (3M)1.23M
Market Cap
C$13.17B
Enterprise ValueC$32.58B
Total Cash (Recent Filing)C$567.00M
Total Debt (Recent Filing)C$19.97B
Price to Earnings (P/E)13.0
Beta0.52
Next Earnings
May 13, 2024EPS Estimate
C$0.91Next Dividend Ex-Date
Apr 30, 2024Dividend Yield6.2%
Share Statistics
EPS (TTM)3.58
Shares Outstanding285,800,000
10 Day Avg. Volume1,947,427
30 Day Avg. Volume1,226,588
Standard Deviation0.04
R-Squared0.12
Alpha0.00195
Financial Highlights & Ratios
Price to Book (P/B)2.78
Price to Sales (P/S)8.24
Price to Cash Flow (P/CF)7.80
P/FCF Ratio5.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$54.13Price Target Upside16.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Emera News
PremiumCompany Announcements
Emera Prepares for 2024 Shareholders Meeting
PremiumCompany Announcements
Emera Reports Dips in Earnings, Strong Investment
Bulls Say, Bears Say
Bulls Say
Earnings GrowthManagement noted that earnings per share would track above its dividend growth guidance, with a significant portion of long-term compensation driven by achieving a 3-year EPS CAGR target.
Financial FlexibilityPotential asset sale announcements could fetch significant equity proceeds, enhancing financial flexibility.
Investment PotentialAnalyst maintains an Outperform rating based on EMA's high-quality asset base, attractive rate base growth through 2026, and potential 23% return to target price.
Bears Say
Dividend ConcernsThe 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 MissEMA 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's Q4 results showed a delay in reaching its FFO/debt target of 12%+, despite an increase in cash flows.
---
Options Prices
Currently, No data available
---
Ownership Overview
0.24% Insiders
4.14% Mutual Funds
9.87% Other Institutional Investors
85.75% 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$42.36 and its highest was C$57.00 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 May 13, 2024 which is in 24 days.
How were Emera Incorporated’s earnings last quarter?
Emera Incorporated released its earnings results on Feb 26, 2024. The company reported C$0.63 earnings per share for the quarter, missing the consensus estimate of C$0.701 by -C$0.071.
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 6.2%. See more information on Emera Incorporated dividends here
What is Emera Incorporated’s EPS estimate?
Emera Incorporated’s EPS estimate is C$0.91.
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$0.63 in its last earnings report, missing expectations of C$0.701. Following the earnings report the stock price went down -3.418%.
Which hedge fund is a major shareholder of Emera Incorporated?
Currently, no hedge funds are holding shares in TSE:EMA
---
Emera Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$54.13 (16.66% Upside)
C$54.13 (16.66% Upside)
Blogger Sentiment
Neutral
TSE:EMA Sentiment 50%
Sector Average 73%
Sector Average 73%
Insider Transactions
Bought Shares
Worth $129.4K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.49%
12-Months-Change
Fundamentals
Return on Equity
8.77%
Trailing 12-Months
Asset Growth
2.08%
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.
---
EMA Company Deck
---
EMA Earnings Call
Q4 2024
0:00 / 0:00
---
EMA Stock 12 Months Forecast
Average Price Target
C$54.13
▲(16.66% Upside)
Technical Analysis
Best Analysts Covering EMA
1 Year
1 Year Success Rate
14/24 ratings generated profit
1 Year Average Return
+10.54%
reiterated a buy rating 24 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +10.54% per trade.
---