BMO Capital Markets Issues Positive Forecast for Emera (TSE:EMA) Stock Price

Emera (TSE:EMA) had its target price upped by BMO Capital Markets from C$72.00 to C$74.00 in a research report report published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts also recently issued research reports about the company. Desjardins increased their price target on Emera from C$68.00 to C$69.00 and gave the stock a “hold” rating in a research note on Tuesday. Royal Bank Of Canada increased their target price on shares of Emera from C$70.00 to C$76.00 in a research report on Monday, November 10th. Scotiabank lifted their target price on shares of Emera from C$72.00 to C$78.00 in a research note on Tuesday, December 16th. TD Securities upped their price target on shares of Emera from C$74.00 to C$75.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, National Bank Financial raised their price objective on shares of Emera from C$63.00 to C$67.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 17th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Emera has an average rating of “Moderate Buy” and a consensus target price of C$71.72.

Emera Trading Down 0.4%

Shares of EMA stock opened at C$69.85 on Tuesday. The company has a quick ratio of 0.23, a current ratio of 0.72 and a debt-to-equity ratio of 150.23. The firm has a market cap of C$21.08 billion, a P/E ratio of 19.14, a PEG ratio of 6.20 and a beta of 0.59. The company has a 50 day moving average of C$68.00 and a 200-day moving average of C$67.04. Emera has a 12-month low of C$56.59 and a 12-month high of C$71.86.

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

Insider Buying and Selling

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

Key Emera News

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.