What is Scotiabank’s Forecast for eMagin FY2027 Earnings?

eMagin Corporation (NYSE:EMA) – Stock analysts at Scotiabank decreased their FY2027 earnings estimates for shares of eMagin in a research report issued to clients and investors on Thursday, July 23rd. Scotiabank analyst A. Weisel now expects that the company will post earnings per share of $2.52 for the year, down from their prior estimate of $2.59.

EMA has been the subject of several other reports. Wall Street Zen upgraded eMagin from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. Barclays reduced their price target on eMagin from $53.00 to $52.00 and set an “equal weight” rating for the company in a report on Monday, May 11th. Finally, Weiss Ratings lowered eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $60.00.

eMagin Trading Up 0.3%

Shares of EMA stock opened at $54.97 on Friday. eMagin has a 12 month low of $45.77 and a 12 month high of $55.49. The company’s fifty day moving average price is $52.87 and its two-hundred day moving average price is $51.82.

eMagin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a $0.7325 dividend. This represents a $2.93 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend is Monday, August 3rd.

Institutional Trading of eMagin

Institutional investors have recently added to or reduced their stakes in the business. Rathbones Group PLC lifted its position in shares of eMagin by 0.3% in the 1st quarter. Rathbones Group PLC now owns 58,900 shares of the company’s stock worth $3,043,000 after buying an additional 200 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of eMagin by 130.9% in the 1st quarter. Parallel Advisors LLC now owns 508 shares of the company’s stock valued at $26,000 after buying an additional 288 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of eMagin by 54.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,093 shares of the company’s stock valued at $57,000 after buying an additional 385 shares during the last quarter. Venturi Wealth Management LLC grew its position in shares of eMagin by 12.1% during the 1st quarter. Venturi Wealth Management LLC now owns 8,111 shares of the company’s stock valued at $421,000 after buying an additional 877 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in eMagin by 15.0% during the second quarter. Versant Capital Management Inc now owns 7,396 shares of the company’s stock worth $392,000 after acquiring an additional 963 shares during the period.

About eMagin

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.