Desjardins Comments on Emera’s FY2025 Earnings (TSE:EMA)

Emera Incorporated (TSE:EMA) – Research analysts at Desjardins issued their FY2025 earnings per share estimates for shares of Emera in a report released on Monday, May 5th. Desjardins analyst B. Stadler anticipates that the company will post earnings of $3.36 per share for the year. Desjardins currently has a “Hold” rating and a $62.00 target price on the stock. The consensus estimate for Emera’s current full-year earnings is $3.20 per share. Desjardins also issued estimates for Emera’s FY2026 earnings at $3.49 EPS, FY2027 earnings at $3.51 EPS and FY2029 earnings at $3.85 EPS.

EMA has been the subject of several other reports. Royal Bank of Canada increased their price objective on Emera from C$60.00 to C$63.00 in a research report on Monday, February 24th. UBS Group boosted their price target on shares of Emera from C$54.00 to C$59.00 in a research note on Friday, March 21st. BMO Capital Markets increased their price objective on shares of Emera from C$58.00 to C$60.00 in a research report on Monday, February 24th. Raymond James cut their target price on Emera from C$64.00 to C$59.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th. Finally, CIBC lifted their price objective on Emera from C$63.00 to C$64.00 and gave the company an “outperform” rating in a research note on Thursday, April 24th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$58.92.

Emera Stock Performance

TSE EMA opened at C$61.35 on Wednesday. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. The stock’s fifty day moving average is C$59.85 and its two-hundred day moving average is C$55.97. The firm has a market capitalization of C$17.99 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 6.20 and a beta of 0.35. Emera has a fifty-two week low of C$44.13 and a fifty-two week high of C$63.13.

Emera Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th will be given a $0.725 dividend. This represents a $2.90 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend is Thursday, May 1st. Emera’s dividend payout ratio is presently 112.40%.

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.