Emera Inc (TSE:EMA) – Equities research analysts at Raymond James issued their Q1 2019 earnings per share estimates for shares of Emera in a note issued to investors on Tuesday, March 26th. Raymond James analyst D. Quezada expects that the company will post earnings of $0.84 per share for the quarter. Raymond James currently has a “Outperform” rating and a $50.00 target price on the stock. Raymond James also issued estimates for Emera’s Q2 2019 earnings at $0.65 EPS, Q3 2019 earnings at $0.61 EPS, Q4 2019 earnings at $0.79 EPS, FY2019 earnings at $2.88 EPS and FY2020 earnings at $2.97 EPS.

Emera (TSE:EMA) last issued its quarterly earnings data on Tuesday, February 19th. The company reported C$0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.63 by C$0.08. The business had revenue of C$1.80 billion for the quarter, compared to analysts’ expectations of C$1.61 billion.

Several other brokerages have also commented on EMA. BMO Capital Markets boosted their price objective on Emera from C$48.00 to C$51.00 in a report on Tuesday. National Bank Financial boosted their price objective on Emera from C$50.00 to C$51.00 in a report on Tuesday. Royal Bank of Canada boosted their price objective on Emera from C$53.00 to C$56.00 and gave the stock an “outperform” rating in a report on Wednesday. UBS Group boosted their price objective on Emera from C$52.00 to C$55.00 in a report on Wednesday, March 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Emera from C$43.00 to C$45.00 in a report on Monday, March 4th. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of C$49.73.

Shares of TSE EMA opened at C$50.59 on Thursday. Emera has a 12 month low of C$38.09 and a 12 month high of C$51.05. The company has a quick ratio of 0.38, a current ratio of 0.62 and a debt-to-equity ratio of 198.58. The stock has a market cap of $11.86 billion and a PE ratio of 16.64.

About Emera

Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. The company is also involved in gas transmission and utility energy services businesses; and the provision of energy marketing, trading, and other energy asset management services.

Recommended Story: What is the return on assets (ROA) ratio?

Receive News & Ratings for Emera Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emera and related companies with MarketBeat.com's FREE daily email newsletter.