Scotiabank Has Positive Outlook for Emera FY2026 Earnings

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

Emera (TSE:EMA) last announced its quarterly earnings data on Monday, February 23rd. The company reported C$1.48 earnings per share (EPS) for the quarter. Emera had a return on equity of 8.11% and a net margin of 13.11%.The company had revenue of C$2.01 billion for the quarter.

A number of other research analysts also recently commented on the stock. Raymond James Financial lifted their price objective on shares of Emera from C$73.00 to C$74.50 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Royal Bank Of Canada raised their target price on shares of Emera from C$70.00 to C$76.00 in a research note on Monday, November 10th. Desjardins lifted their price target on Emera from C$68.00 to C$69.00 and gave the stock a “hold” rating in a report on Tuesday, February 24th. Canadian Imperial Bank of Commerce upped their price objective on Emera from C$71.00 to C$72.00 in a research note on Monday, November 10th. Finally, BMO Capital Markets raised their price objective on Emera from C$72.00 to C$74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$71.72.

Emera Price Performance

Shares of EMA opened at C$70.23 on Monday. The company has a current ratio of 0.66, a quick ratio of 0.23 and a debt-to-equity ratio of 161.69. The company’s fifty day simple moving average is C$68.28 and its 200 day simple moving average is C$67.18. Emera has a 1-year low of C$56.59 and a 1-year high of C$71.86. The company has a market cap of C$21.19 billion, a price-to-earnings ratio of 19.24, a PEG ratio of 6.20 and a beta of 0.59.

Insider Activity

In other Emera news, insider Daniel Muldoon sold 8,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of C$67.00, for a total value of C$536,000.00. Following the transaction, the insider directly owned 2,378 shares of the company’s stock, 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 firm’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 owned 7,733 shares of the company’s stock, valued at C$523,910.75. This trade represents a 56.39% decrease in their ownership of the stock. 0.09% of the stock is owned by corporate insiders.

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.