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

Emera Incorporated (TSE:EMA) – Equities researchers at Scotiabank dropped their FY2026 EPS estimates for shares of Emera in a note issued to investors on Thursday, July 23rd. Scotiabank analyst A. Weisel now expects that the company will post earnings per share of $3.78 for the year, down from their prior 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.

A number of other research analysts have also recently weighed in on EMA. National Bank Financial upped their price objective on shares of Emera from C$69.00 to C$75.00 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Barclays set a C$72.00 target price on shares of Emera and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. TD lifted their price target on Emera from C$75.00 to C$77.00 and gave the company a “buy” rating in a research note on Monday, May 11th. BMO Capital Markets lifted their price target on Emera from C$76.00 to C$80.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Raymond James Financial upped their price target on Emera from C$74.50 to C$75.25 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$75.77.

Emera Price Performance

EMA stock opened at C$77.52 on Monday. The firm has a market cap of C$23.71 billion, a PE ratio of 23.71, a P/E/G ratio of 6.20 and a beta of 0.57. The company has a debt-to-equity ratio of 168.83, a quick ratio of 0.23 and a current ratio of 1.07. The firm’s fifty day moving average is C$74.16 and its 200 day moving average is C$71.74. Emera has a one year low of C$63.17 and a one year high of C$77.80.

Emera (TSE:EMA) last posted its earnings results on Friday, May 8th. The company reported C$1.37 earnings per share for the quarter. Emera had a net margin of 13.20% and a return on equity of 7.90%. The firm had revenue of C$2.81 billion during the quarter.

Insider Transactions at Emera

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

Emera Announces Dividend

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

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.