
eMagin Corporation (NYSE:EMA – Free Report) – Investment analysts at Scotiabank reduced their FY2026 EPS estimates for eMagin in a research report issued to clients and investors on Thursday, July 23rd. Scotiabank analyst A. Weisel now forecasts that the company will earn $2.68 per share for the year, down from their previous forecast of $2.77.
Several other analysts have also recently commented on the stock. Barclays lowered their target price on shares of eMagin from $53.00 to $52.00 and set an “equal weight” rating for the company in a research note on Monday, May 11th. Wall Street Zen upgraded eMagin from a “strong sell” rating to a “sell” rating in a report on Saturday, April 18th. Finally, Weiss Ratings downgraded shares of eMagin from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, eMagin has an average rating of “Hold” and a consensus price target of $60.00.
eMagin Stock Up 0.0%
EMA opened at $54.97 on Monday. The business’s fifty day simple moving average is $52.87 and its 200 day simple moving average is $51.84. eMagin has a 52 week low of $45.77 and a 52 week high of $55.49.
eMagin Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders 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 dividend yield of 5.3%. The ex-dividend date is Monday, August 3rd.
Institutional Investors Weigh In On eMagin
Several institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC lifted 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 worth $26,000 after purchasing an additional 288 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of eMagin by 1,375.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 708 shares of the company’s stock worth $35,000 after acquiring an additional 660 shares during the period. DGS Capital Management LLC acquired a new stake in eMagin in the first quarter worth approximately $349,000. Venturi Wealth Management LLC acquired a new stake in shares of eMagin in the fourth quarter valued at $356,000. Finally, Versant Capital Management Inc lifted its holdings in eMagin by 15.0% in the 2nd quarter. Versant Capital Management Inc now owns 7,396 shares of the company’s stock valued at $392,000 after acquiring an additional 963 shares during the last quarter.
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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