Emera (TSE:EMA – Free Report) had its price target raised by Raymond James Financial from C$66.00 to C$70.00 in a report released on Monday,BayStreet.CA reports. Raymond James Financial currently has an outperform rating on the stock. Raymond James Financial also issued estimates for Emera’s Q3 2025 earnings at $0.87 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $3.60 EPS, Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.86 EPS and FY2026 earnings at $3.46 EPS.
Several other brokerages have also commented on EMA. CIBC raised their price objective on Emera from C$63.00 to C$64.00 and gave the company an “outperform” rating in a report on Thursday, April 24th. TD Securities raised their price objective on Emera from C$69.00 to C$74.00 and gave the company a “buy” rating in a report on Monday. Scotiabank raised their price objective on Emera from C$67.00 to C$70.00 and gave the company an “outperform” rating in a report on Monday. Desjardins set a C$62.00 price objective on Emera and gave the company a “hold” rating in a report on Tuesday, May 6th. Finally, BMO Capital Markets lifted their price target on Emera from C$65.00 to C$68.00 in a research note on Monday. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$64.33.
Check Out Our Latest Stock Report on Emera
Emera Stock Down 0.7%
Emera Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be given a dividend of $0.725 per share. The ex-dividend date is Friday, August 1st. This represents a $2.90 dividend on an annualized basis and a yield of 4.5%. Emera’s dividend payout ratio (DPR) is presently 112.40%.
Emera Company Profile
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.
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