Scotiabank Comments on Emera’s FY2026 Earnings (TSE:EMA)

Emera Incorporated (TSE:EMA) – Research analysts at Scotiabank lifted their FY2026 EPS estimates for shares of Emera in a report released on Thursday, May 14th. Scotiabank analyst A. Weisel now anticipates that the company will post earnings of $3.80 per share for the year, up from their previous forecast of $3.71. The consensus estimate for Emera’s current full-year earnings is $3.20 per share. Scotiabank also issued estimates for Emera’s FY2027 earnings at $3.55 EPS.

Emera (TSE:EMA) last announced its quarterly earnings data on Friday, May 8th. The company reported C$1.37 earnings per share (EPS) for the quarter. The company had revenue of C$2.81 billion for the quarter. Emera had a net margin of 13.20% and a return on equity of 7.90%.

Other equities analysts have also recently issued research reports about the stock. TD lifted their price objective on shares of Emera from C$75.00 to C$77.00 and gave the stock a “buy” rating in a research note on Monday. Desjardins lifted their price objective on shares of Emera from C$69.00 to C$70.00 and gave the stock a “hold” rating in a research note on Tuesday, April 28th. National Bank Financial lifted their price objective on shares of Emera from C$67.00 to C$68.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 24th. Bank of America lifted their price objective on shares of Emera from C$73.00 to C$74.00 in a research note on Wednesday, April 8th. Finally, Barclays set a C$72.00 price objective on shares of Emera and gave the stock an “equal weight” rating in a research note on Tuesday, April 28th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$73.75.

Emera Stock Performance

Shares of EMA opened at C$71.80 on Friday. The firm’s 50 day moving average is C$71.92 and its 200-day moving average is C$69.22. The stock has a market capitalization of C$21.96 billion, a P/E ratio of 21.96, a P/E/G ratio of 6.20 and a beta of 0.58. The company has a debt-to-equity ratio of 168.83, a current ratio of 1.07 and a quick ratio of 0.23. Emera has a 12-month low of C$59.81 and a 12-month high of C$74.80.

Emera Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 15th will be given a $0.7325 dividend. This represents a $2.93 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, May 1st. Emera’s dividend payout ratio (DPR) is 89.14%.

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.