James Daniel Eisenhauer Buys 5,000 Shares of Emera Inc (EMA) Stock

Emera Inc (TSE:EMA) Director James Daniel Eisenhauer bought 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 14th. The stock was purchased at an average price of C$39.36 per share, for a total transaction of C$196,800.00.

Emera Inc (EMA) traded down C$0.24 during trading on Wednesday, reaching C$39.69. The company’s stock had a trading volume of 1,803,856 shares, compared to its average volume of 866,240. Emera Inc has a 1-year low of C$39.08 and a 1-year high of C$49.48. The stock has a market cap of $9,070.00, a price-to-earnings ratio of 14.49 and a beta of -0.01.

Emera (TSE:EMA) last released its quarterly earnings data on Tuesday, November 14th. The company reported C$0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.74 by C($0.19). Emera had a return on equity of 5.43% and a net margin of 6.94%. The company had revenue of C$1.43 billion during the quarter, compared to analysts’ expectations of C$1.55 billion.

EMA has been the topic of a number of recent research reports. Scotiabank upped their target price on Emera from C$50.00 to C$51.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 6th. TD Securities set a C$53.00 target price on Emera and gave the company a “buy” rating in a research report on Friday, December 29th. National Bank Financial set a C$52.00 target price on Emera and gave the company a “sector perform” rating in a research report on Friday, December 29th. BMO Capital Markets dropped their target price on Emera from C$54.00 to C$52.00 in a research report on Tuesday, February 6th. Finally, Raymond James Financial upgraded Emera from a “market perform” rating to an “outperform” rating in a research report on Friday, February 9th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Emera currently has an average rating of “Buy” and an average price target of C$50.14.

TRADEMARK VIOLATION WARNING: This article was published by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/02/14/james-daniel-eisenhauer-buys-5000-shares-of-emera-inc-ema-stock.html.

Emera Company Profile

Emera Incorporated is an energy and services company, which invests in electricity generation, transmission and distribution, gas transmission and utility services. The Company operates through six segments: Emera Florida and New Mexico; Nova Scotia Power Inc (NSPI); Emera Maine; Emera Caribbean; Emera Energy, and Corporate and Other.

Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply