Emera (TSE:EMA – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, May 13th. Analysts expect the company to announce earnings of C$0.99 per share for the quarter.
Emera (TSE:EMA – Get Free Report) last released its quarterly earnings data on Monday, February 26th. The company reported C$0.63 EPS for the quarter, missing analysts’ consensus estimates of C$0.71 by C($0.08). Emera had a return on equity of 8.88% and a net margin of 13.80%. The firm had revenue of C$1.97 billion for the quarter, compared to analyst estimates of C$1.97 billion.
Emera Price Performance
Shares of Emera stock opened at C$46.94 on Monday. The business’s fifty day moving average price is C$47.34 and its 200 day moving average price is C$48.11. Emera has a twelve month low of C$43.67 and a twelve month high of C$59.52. The company has a current ratio of 0.82, a quick ratio of 0.23 and a debt-to-equity ratio of 164.26. The stock has a market capitalization of C$13.42 billion, a P/E ratio of 13.15, a PEG ratio of 2.77 and a beta of 0.28.
Emera Dividend Announcement
Wall Street Analysts Forecast Growth
EMA has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Emera from C$50.00 to C$48.00 and set an “underweight” rating for the company in a research report on Monday, January 22nd. Scotiabank cut their target price on shares of Emera from C$56.00 to C$52.00 and set an “outperform” rating on the stock in a research note on Monday, April 22nd. Royal Bank of Canada decreased their price target on shares of Emera from C$62.00 to C$60.00 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. CIBC cut their price objective on Emera from C$53.00 to C$51.00 and set a “neutral” rating on the stock in a research report on Friday, April 19th. Finally, National Bankshares decreased their target price on Emera from C$50.00 to C$49.00 in a research report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of C$54.50.
Read Our Latest Research Report on EMA
About Emera
Emera Incorporated, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company operates through Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, Gas Utilities and Infrastructure, and Other segments.
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