Scotiabank Has Bullish Forecast for Emera FY2026 Earnings

Emera Incorporated (TSE:EMA) – Analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of Emera in a research note issued to investors on Thursday, February 26th. Scotiabank analyst A. Weisel now anticipates that the company will post earnings of $3.64 per share for the year, up from their previous estimate of $3.62. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.

EMA has been the topic of a number of other research reports. TD Securities upped their price target on shares of Emera from C$74.00 to C$75.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Royal Bank Of Canada boosted their price objective on Emera from C$70.00 to C$76.00 in a report on Monday, November 10th. Canadian Imperial Bank of Commerce increased their target price on Emera from C$71.00 to C$72.00 in a research note on Monday, November 10th. BMO Capital Markets lifted their price target on Emera from C$72.00 to C$74.00 and gave the stock an “outperform” rating in a report on Tuesday, February 24th. Finally, National Bank Financial boosted their price target on Emera from C$67.00 to C$68.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 24th. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$71.72.

Emera Price Performance

Shares of EMA opened at C$70.97 on Monday. The company’s 50-day moving average is C$68.21 and its 200-day moving average is C$67.14. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. The firm has a market capitalization of C$21.41 billion, a PE ratio of 19.45, a PEG ratio of 6.20 and a beta of 0.59. Emera has a fifty-two week low of C$56.59 and a fifty-two week high of C$71.86.

Emera (TSE:EMA) last posted its quarterly earnings results on Monday, February 23rd. The company reported C$1.48 earnings per share for the quarter. Emera had a return on equity of 6.06% and a net margin of 10.51%.The business had revenue of C$2.01 billion for the quarter.

Insider Buying and Selling at Emera

In other news, Director Scott Carlyle Balfour sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of C$67.75, for a total transaction of C$677,500.00. Following the completion of the transaction, the director owned 7,733 shares of the company’s stock, valued at approximately C$523,910.75. The trade was a 56.39% decrease in their position. Also, insider Daniel Muldoon sold 8,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of C$67.00, for a total value of C$536,000.00. Following the sale, the insider owned 2,378 shares of the company’s stock, valued at approximately C$159,326. This represents a 77.09% decrease in their ownership of the stock. 0.09% of the stock is owned by corporate insiders.

About Emera

Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.