Emera (TSE:EMA) Price Target Raised to C$75.00 at TD Securities

Emera (TSE:EMA) had its target price hoisted by TD Securities from C$74.00 to C$75.00 in a research note issued to investors on Tuesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

A number of other research analysts have also recently weighed in on EMA. Canadian Imperial Bank of Commerce lifted their price objective on shares of Emera from C$71.00 to C$72.00 in a report on Monday, November 10th. BMO Capital Markets lifted their price target on Emera from C$68.00 to C$72.00 in a research note on Monday, November 10th. Scotiabank upped their price target on Emera from C$72.00 to C$78.00 in a report on Tuesday, December 16th. National Bank Financial increased their price target on Emera from C$63.00 to C$67.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 17th. Finally, Royal Bank Of Canada boosted their price objective on Emera from C$70.00 to C$76.00 in a research report on Monday, November 10th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$71.72.

Emera Stock Down 0.4%

Shares of EMA stock opened at C$69.85 on Tuesday. Emera has a twelve month low of C$56.59 and a twelve month high of C$71.86. The stock has a market cap of C$21.08 billion, a P/E ratio of 19.14, a P/E/G ratio of 6.20 and a beta of 0.59. The stock has a 50 day moving average of C$68.00 and a 200 day moving average of C$67.04. The company has a current ratio of 0.72, a quick ratio of 0.23 and a debt-to-equity ratio of 150.23.

Emera (TSE:EMA) last issued its quarterly earnings data on Monday, February 23rd. The company reported C$1.48 EPS for the quarter. The business had revenue of C$2.01 billion for the quarter. Emera had a net margin of 10.51% and a return on equity of 6.06%. As a group, sell-side analysts expect that Emera will post 3.1991627 EPS for the current year.

Insider Activity

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

Emera News Roundup

Here are the key news stories impacting Emera this week:

• Positive Sentiment: Q4 results beat expectations — Emera reported C$1.48 EPS on C$2.01B revenue with improved net margin (10.5%) and cited record net income and strategic investments, which supports the case for future cash flow and dividend stability. Earnings Call Highlights
• Positive Sentiment: Raymond James raised its price target to C$74.50 and maintained an “outperform” rating, signaling ~6.7% upside from current levels and offering an institutional vote of confidence. Raymond James Note
• Positive Sentiment: BMO Capital Markets lifted its target to C$74.00 with an “outperform” call, indicating mid-single-digit upside and reinforcing buy-side momentum. BMO Research
• Positive Sentiment: TD Securities increased its target to C$75.00 and kept a “buy” rating, the most bullish among the recent notes (~7.4% upside), which could attract investors seeking income-plus-growth exposure. TD Note
• Negative Sentiment: National Bank Financial raised its target modestly to C$68.00 but kept a “sector perform” view — the target sits slightly below current levels, suggesting limited near-term upside from this house. National Bank Note
• Negative Sentiment: Desjardins raised its target to C$69.00 and maintained a “hold” rating; the target implies marginal downside versus the current price, which may cap immediate buying interest. Desjardins Note

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.