Emera (TSE:EMA) Given New C$74.50 Price Target at Raymond James Financial

Emera (TSE:EMA) had its target price hoisted by Raymond James Financial from C$73.00 to C$74.50 in a report issued on Tuesday morning,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock.

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

Emera Stock Down 0.4%

Shares of TSE EMA opened at C$69.85 on Tuesday. The company’s 50 day moving average price is C$68.00 and its 200-day moving average price is C$67.04. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. Emera has a 52-week low of C$56.59 and a 52-week high of C$71.86. The company has a market capitalization of C$21.08 billion, a P/E ratio of 19.14, a price-to-earnings-growth ratio of 6.20 and a beta of 0.59.

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

Insider Activity at Emera

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

Key Headlines Impacting Emera

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

Emera Company Profile

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.