
eMagin Corporation (NYSE:EMA – Free Report) – Stock analysts at Scotiabank reduced their FY2026 earnings estimates for eMagin in a research report issued on Thursday, July 23rd. Scotiabank analyst A. Weisel now forecasts that the company will post earnings of $2.68 per share for the year, down from their prior estimate of $2.77.
A number of other brokerages also recently commented on EMA. Weiss Ratings downgraded eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Barclays dropped their target price on shares of eMagin from $53.00 to $52.00 and set an “equal weight” rating on the stock in a report on Monday, May 11th. Finally, Wall Street Zen raised eMagin from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 18th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.00.
eMagin Trading Up 0.0%
eMagin stock opened at $54.97 on Monday. The firm’s 50 day moving average price is $52.87 and its two-hundred day moving average price is $51.84. eMagin has a twelve month low of $45.77 and a twelve month high of $55.49.
eMagin Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be given a $0.7325 dividend. This represents a $2.93 annualized dividend and a yield of 5.3%. The ex-dividend date is Monday, August 3rd.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. State of Tennessee Department of Treasury acquired a new position in eMagin in the second quarter valued at approximately $7,749,000. Russell Investments Group Ltd. grew its holdings in eMagin by 26.7% during the third quarter. Russell Investments Group Ltd. now owns 107,611 shares of the company’s stock valued at $5,164,000 after purchasing an additional 22,654 shares during the period. Venturi Wealth Management LLC bought a new stake in eMagin in the fourth quarter valued at approximately $356,000. EverSource Wealth Advisors LLC increased its stake in eMagin by 1,375.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 708 shares of the company’s stock valued at $35,000 after purchasing an additional 660 shares in the last quarter. Finally, DGS Capital Management LLC acquired a new stake in eMagin in the first quarter worth $349,000.
eMagin Company Profile
eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards.
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