Emera Incorporated

EMA

CA2908761018

Emera Incorporated is a Canada-based diverse energy and services company. The Company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. The Florida Electric Utility segment consists of Tampa Electric, a vertically integrated regulated electric utility in West Central Florida. The Canadian Electric Utilities segment includes Nova Scotia Power Inc., a vertically integrated regulated electric utility and the primary electricity supplier in Nova Scotia and Emera Newfoundland & Labrador Holdings Inc. consisting of two transmission investments related to an 824 megawatt (MW) hydroelectric generating facility. Its Gas Utilities and Infrastructure segment includes Peoples Gas System; New Mexico Gas Company, Inc.; Emera Brunswick Pipeline Company Limited; SeaCoast Gas Transmission, LLC, and 12.9 per cent interest Maritimes & Northeast Pipeline.

Sector

Electric Utilities

Calendar

2024-08-06 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Emera Incorporated

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

48.54 CAD

Average target price

52.17 CAD

Spread / Average Target

+7.47%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Electric Utilities

	1st Jan change	Capi.
EMERA INCORPORATED	-5.17%	10.2B
NEXTERA ENERGY	+27.64%	157B
SOUTHERN COMPANY	+10.58%	85.01B
IBERDROLA, S.A.	+2.36%	83.35B
DUKE ENERGY CORPORATION	+4.27%	78.85B
ENEL S.P.A.	-1.04%	73.46B
CONSTELLATION ENERGY CORPORATION	+97.85%	72.7B
GE VERNOVA INC.	0.00%	48.63B
AMERICAN ELECTRIC POWER COMPANY, INC.	+9.11%	46.9B
DOMINION ENERGY, INC.	+12.53%	44.25B

Other Electric Utilities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-28 pm EDT			5-day change	1st Jan Change
47.7 ^CAD	-1.73%		-5.41%	-5.17%

May. 28	KKR to buy Emera's stake in Canadian energy transmission project for $872 mln	RE
May. 28	Emera Entering into a Definitive Agreement Where KKR Will Buy Its Indirect Minority Equity interest in the Labrador Island Link	MT

KKR to buy Emera's stake in Canadian energy transmission project for $872 mln	May. 28	RE
Emera Entering into a Definitive Agreement Where KKR Will Buy Its Indirect Minority Equity interest in the Labrador Island Link	May. 28	MT
Emera Brief: Transaction Expected to close on or about June 4, 2024	May. 28	MT
Emera Brief: Proceeds from Transaction will be used to reduce Emera's corporate debt and support its investment opportunities in its regulated utility businesses	May. 28	MT
Emera Brief: Transaction value is C$1.19 billion, made up of C$957 million in cash and C$235 million for assuming Emera's obligation to fund the remaining initial capital investment	May. 28	MT
Emera Brief: Entering into a definitive agreement where KKR will acquire Its indirect minority equity interest in the Labrador Island Link (LIL)	May. 28	MT
Emera Maintained at Outperform at BMO as it Expects Asset Sales; Price Target Kept at C$55.00	May. 27	MT
Andrea Rosen Declines Re-Election to the Board of Emera Incorporated	May. 23	CI
Transcript : Emera Incorporated - Shareholder/Analyst Call	May. 23
Emera Price Target Lowered to $54 at TD	May. 14	MT
Emera Reports 23% Decline in Adjusted EPS; National Bank Maintains Sector Perform Rating, $49.00 Price Target	May. 13	MT
Transcript : Emera Incorporated, Q1 2024 Earnings Call, May 13, 2024	May. 13
Emera Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 13	CI
Emera Reports 23% Decline in Adjusted EPS	May. 13	MT
North American Morning Briefing : Stock Futures -2-	May. 13	DJ
Emera Brief: Quarterly adjusted earnings per share of $0.76 decreased $0.23 or 23% compared to $0.99 in Q1 2023	May. 13	MT
Emera's Board Maintains Quarterly Dividend	Apr. 12	MT
Emera Inc. Declares Quarterly Dividend, Payable on and After May 15, 2024	Apr. 12	CI
Emera Maintained at Neutral at UBS As Tampa Electric Files for Higher Rates; Price Target Kept at C$52.00	Apr. 03	MT
Emera Maintained at Outperform at BMO Following Management Meetings; Price Target Kept at C$55.00	Mar. 28	MT
S&P Maintains Negative Outlooks on Emera, Subsidiaries on Weak Financial Performance	Mar. 12	MT
Emera Incorporated Appoints Brian Porter to the Board of Directors	Mar. 06	CI
Emera Maintained at Outperform at BMO Following Q4 Results; Price Target Kept at C$55.00	Feb. 27	MT
National Bank of Canada Cuts Emera's Price Target	Feb. 27	MT
TD Lowers Price Target on Emera, Sees Slowing Dividend Growth	Feb. 27	MT

Emera Incorporated

Equities

EMA