Scotiabank Comments on Emera’s FY2026 Earnings (TSE:EMA)

Emera Incorporated (TSE:EMA) – Equities researchers at Scotiabank reduced their FY2026 EPS estimates for shares of Emera in a research report issued on Thursday, July 23rd. Scotiabank analyst A. Weisel now expects that the company will post earnings of $3.78 per share for the year, down from their previous forecast of $3.80. Scotiabank currently has a “Sector Outperform” rating and a $80.00 target price on the stock. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.

Emera (TSE:EMA) last issued its quarterly earnings data on Friday, May 8th. The company reported C$1.37 EPS for the quarter. The business had revenue of C$2.81 billion for the quarter. Emera had a return on equity of 7.90% and a net margin of 13.20%.

Other equities research analysts have also issued research reports about the company. Raymond James Financial raised their price target on Emera from C$74.50 to C$75.25 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. TD boosted their price objective on Emera from C$75.00 to C$77.00 and gave the company a “buy” rating in a research report on Monday, May 11th. National Bank Financial increased their target price on Emera from C$69.00 to C$75.00 and gave the stock a “sector perform” rating in a research note on Monday, June 1st. Desjardins increased their target price on Emera from C$70.00 to C$74.00 and gave the stock a “hold” rating in a research note on Monday, July 20th. Finally, Bank of America raised their target price on shares of Emera from C$73.00 to C$74.00 in a report on Wednesday, April 8th. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$75.77.

Emera Stock Down 1.0%

TSE:EMA opened at C$76.75 on Monday. Emera has a 1 year low of C$63.17 and a 1 year high of C$77.80. The company has a current ratio of 1.07, a quick ratio of 0.23 and a debt-to-equity ratio of 168.83. The stock has a market cap of C$23.48 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 6.20 and a beta of 0.57. The stock has a 50-day moving average price of C$74.27 and a two-hundred day moving average price of C$71.80.

Emera Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 17th will be issued a dividend of $0.7325 per share. This represents a $2.93 annualized dividend and a yield of 3.8%. The ex-dividend date is Friday, July 31st. Emera’s dividend payout ratio is presently 89.14%.

Insider Transactions at Emera

In related news, insider Richard Janega sold 16,500 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of C$74.25, for a total transaction of C$1,225,125.00. Following the completion of the transaction, the insider directly owned 19,642 shares of the company’s stock, valued at approximately C$1,458,418.50. This represents a 45.65% decrease in their ownership of the stock. Insiders own 0.09% of the company’s stock.

Emera Company Profile

Emera (TSX/NYSE: EMA) is a leading North American provider of energy services headquartered in Halifax, Nova Scotia, with investments in regulated electric and natural gas utilities, and related businesses and assets. The Emera family of companies delivers safe, reliable energy to approximately 2.7 million customers in the United States, Canada and the Caribbean. Our team of 7,800 employees is committed to our purpose of energizing modern life and delivering a cleaner energy future for all. Emera’s common and preferred shares are listed and trade on the Toronto Stock Exchange and its common shares are listed and trade on the New York Stock Exchange.