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Emera Incorporated (EMRAF)
OTHER OTC:EMRAF
Emera (EMRAF) Stock Price & Analysis
56 Followers
EMRAF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.42 - $41.40
Previous Close$34.12
Volume629.00
Average Volume (3M)20.28K
Market Cap
$9.95B
Enterprise Value$24.14B
Total Cash (Recent Filing)C$258.00M
Total Debt (Recent Filing)C$19.98B
Price to Earnings (P/E)20.6
Beta0.67
Next Earnings
Aug 09, 2024EPS Estimate
$0.43Next Dividend Ex-Date
Aug 01, 2024Dividend Yield6.15%
Share Statistics
EPS (TTM)1.65
Shares Outstanding286,346,776
10 Day Avg. Volume3,686
30 Day Avg. Volume20,279
Standard Deviation0.05
R-Squared0.33
Alpha-0.00303
Financial Highlights & Ratios
Price to Book (P/B)2.56
Price to Sales (P/S)4.73
Price to Cash Flow (P/CF)5.60
P/FCF Ratio16.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$37.92Price Target Upside9.50% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Emera News
PremiumCompany Announcements
Emera Reveals Growth Strategy and Dividend Adjustment
PremiumCompany Announcements
Emera Sells Stake in Energy Project for $1.19B
PremiumCompany Announcements
Emera Incorporated Q1 2024 Financial Overview
PremiumCompany Announcements
Emera Reports Decline in Q1 2024 EarningsBulls Say, Bears Say
Bulls Say
Growth OutlookManagement reiterated its 6-8% long-term growth rate and would be disappointed if they were not able to deliver financial results at or near the top end of adjusted EPS expectations range through 2027.
Regulatory DevelopmentsNew Mexico and Tampa could be approved for base revenue increases of over US$300M.
Technological AdvantagesThe company showcased the technological and scale advantages at NextEra Energy Resources that should drive superior returns and a speed-to-market advantage in a dynamic demand environment.
Bears Say
EarningsEMA shares came under pressure likely due to the 7% EPS miss to consensus and the market's lack of confidence in the future earnings picture.
Earnings GuidanceDespite a strong power demand and pricing outlook, 2024-2026 EPS guidance ranges remained unchanged.
Renewable BacklogA slower-than-expected cadence for renewable backlog growth relative to more elevated expectations.
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Options Prices
Currently, No data available
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Ownership Overview
0.24% Insiders
4.17% Mutual Funds
9.90% Other Institutional Investors
85.70% Public Companies and
Individual Investors
EMRAF FAQ
What was Emera Incorporated’s price range in the past 12 months?
Emera Incorporated lowest stock price was $30.42 and its highest was $41.40 in the past 12 months.
What is Emera Incorporated’s market cap?
Currently, no data Available
When is Emera Incorporated’s upcoming earnings report date?
Emera Incorporated’s upcoming earnings report date is Aug 09, 2024 which is in 18 days.
How were Emera Incorporated’s earnings last quarter?
Emera Incorporated released its earnings results on May 13, 2024. The company reported $0.552 earnings per share for the quarter, missing the consensus estimate of $0.592 by -$0.04.
Is Emera Incorporated overvalued?
According to Wall Street analysts Emera Incorporated’s price is currently Undervalued.
Does Emera Incorporated pay dividends?
Emera Incorporated pays a Quarterly dividend of $0.52 which represents an annual dividend yield of 6.15%. See more information on Emera Incorporated dividends here
What is Emera Incorporated’s EPS estimate?
Emera Incorporated’s EPS estimate is $0.43.
How many shares outstanding does Emera Incorporated have?
Emera Incorporated has 286,600,000 shares outstanding.
What happened to Emera Incorporated’s price movement after its last earnings report?
Emera Incorporated reported an EPS of $0.552 in its last earnings report, missing expectations of $0.592. Following the earnings report the stock price went down -1.517%.
Which hedge fund is a major shareholder of Emera Incorporated?
Currently, no hedge funds are holding shares in EMRAF
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Emera Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$37.92 (9.50% Upside)
$37.92 (9.50% Upside)
Blogger Sentiment
Neutral
EMRAF Sentiment 100%
Sector Average 71%
Sector Average 71%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.34%
12-Months-Change
Fundamentals
Return on Equity
5.70%
Trailing 12-Months
Asset Growth
3.14%
Trailing 12-Months
Company Description
Emera Incorporated
Emera, Inc. is an energy and services company, which invests in electricity generation, transmission and distribution and gas transmission and distribution. The company was founded on July 23, 1998 and is headquartered in Halifax, Canada.
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EMRAF Company Deck
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EMRAF Earnings Call
Q1 2024
0:00 / 0:00
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EMRAF Stock 12 Month Forecast
Average Price Target
$37.92
▲(9.50% Upside)
Technical Analysis
Best Analysts Covering EMRAF
1 Year
1 Year Success Rate
16/26 ratings generated profit
1 Year Average Return
+10.27%
reiterated a buy rating 22 days ago
Copying Benjamin Pham's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +10.27% per trade.
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