Scotiabank Has Positive Outlook for Emera FY2026 Earnings

Emera Incorporated (TSE:EMA) – Scotiabank increased their FY2026 EPS estimates for shares of Emera in a report released on Thursday, February 26th. Scotiabank analyst A. Weisel now anticipates that the company will post earnings per share of $3.64 for the year, up from their previous forecast of $3.62. The consensus estimate for Emera’s current full-year earnings is $3.20 per share.

Several other research analysts also recently issued reports on EMA. Royal Bank Of Canada upped their price target on shares of Emera from C$70.00 to C$76.00 in a research report on Monday, November 10th. Canadian Imperial Bank of Commerce boosted their target price on shares of Emera from C$71.00 to C$72.00 in a research note on Monday, November 10th. BMO Capital Markets upped their target price on shares of Emera from C$72.00 to C$74.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Desjardins raised their price target on shares of Emera from C$68.00 to C$69.00 and gave the company a “hold” rating in a report on Tuesday, February 24th. Finally, Raymond James Financial boosted their price objective on shares of Emera from C$73.00 to C$74.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 24th. Five research 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, Emera presently has an average rating of “Moderate Buy” and a consensus target price of C$71.72.

Emera Price Performance

Shares of EMA stock opened at C$70.97 on Monday. Emera has a 52 week low of C$56.59 and a 52 week high of C$71.86. The stock has a market capitalization of C$21.41 billion, a PE ratio of 19.45, a PEG ratio of 6.20 and a beta of 0.59. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. The stock’s fifty day moving average is C$68.21 and its 200-day moving average is C$67.14.

Emera (TSE:EMA) last posted its quarterly earnings data on Monday, February 23rd. The company reported C$1.48 earnings per share for the quarter. Emera had a net margin of 10.51% and a return on equity of 6.06%. The company had revenue of C$2.01 billion during the quarter.

Insider Buying and Selling

In other news, insider Daniel Muldoon sold 8,000 shares of the company’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 sale, the insider owned 2,378 shares in the company, valued at C$159,326. This represents 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 completion of the sale, the director directly owned 7,733 shares of the company’s stock, valued at approximately C$523,910.75. The trade was a 56.39% decrease in their position. 0.09% of the stock is owned by company insiders.

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.