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Emera Incorporated

TSX:EMA Stock Report

Market Cap: CA$18.8b

Emera (EMA) Stock Overview

An energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. More details

EMA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance5/6
Financial Health1/6
Dividends3/6

Rewards

Trading at 26.2% below our estimate of its fair value

Earnings are forecast to grow 6.03% per year

Earnings grew by 39.2% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 4.61% is not well covered by earnings or free cash flows


EMA Community Fair Values

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See what 35 others think this stock is worth. Follow their fair value or set your own to get alerts.

EMA logo
Emera
AN
AnalystConsensusTarget
Consensus Narrative from 15 Analysts

Capital Reallocation Will Strengthen Balance Sheet And Reduce Cost Of Capital

Key Takeaways Strategic capital reallocation and asset sales aim to optimize financial structure, boost credit ratings, and improve net margins. Investments in solar, grid reliability, and decarbonization are expected to enhance operational efficiency and expand net margins.
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CA$64.81
FV
2.8% undervalued intrinsic discount
6.67%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
25users have followed this narrative
4 days ago author updated this narrative
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Emera Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Emera
Historical stock prices
Current Share PriceCA$62.97
52 Week HighCA$63.31
52 Week LowCA$46.10
Beta0.43
1 Month Change2.59%
3 Month Change6.10%
1 Year Change35.57%
3 Year Change3.28%
5 Year Change12.05%
Change since IPO499.71%

Recent News & Updates

Emera Incorporated's (TSE:EMA) Intrinsic Value Is Potentially 40% Above Its Share Price

Jun 23
Emera Incorporated's (TSE:EMA) Intrinsic Value Is Potentially 40% Above Its Share Price

Emera Incorporated's (TSE:EMA) Share Price Matching Investor Opinion

May 08
Emera Incorporated's (TSE:EMA) Share Price Matching Investor Opinion

Emera (TSE:EMA) Is Due To Pay A Dividend Of CA$0.725

Apr 17
Emera (TSE:EMA) Is Due To Pay A Dividend Of CA$0.725

Recent updates

Emera Incorporated's (TSE:EMA) Intrinsic Value Is Potentially 40% Above Its Share Price

Jun 23
Emera Incorporated's (TSE:EMA) Intrinsic Value Is Potentially 40% Above Its Share Price

Emera Incorporated's (TSE:EMA) Share Price Matching Investor Opinion

May 08
Emera Incorporated's (TSE:EMA) Share Price Matching Investor Opinion

Emera (TSE:EMA) Is Due To Pay A Dividend Of CA$0.725

Apr 17
Emera (TSE:EMA) Is Due To Pay A Dividend Of CA$0.725

Estimating The Intrinsic Value Of Emera Incorporated (TSE:EMA)

Mar 21
Estimating The Intrinsic Value Of Emera Incorporated (TSE:EMA)

Earnings Troubles May Signal Larger Issues for Emera (TSE:EMA) Shareholders

Feb 28
Earnings Troubles May Signal Larger Issues for Emera (TSE:EMA) Shareholders

Is Emera (TSE:EMA) A Risky Investment?

Feb 08
Is Emera (TSE:EMA) A Risky Investment?

Emera (TSE:EMA) Has Announced A Dividend Of CA$0.725

Jan 21
Emera (TSE:EMA) Has Announced A Dividend Of CA$0.725

Emera Incorporated's (TSE:EMA) Earnings Haven't Escaped The Attention Of Investors

Dec 01
Emera Incorporated's (TSE:EMA) Earnings Haven't Escaped The Attention Of Investors
author-image

Investor Day Unveils Growth With Storm Protection And Florida's Economic Surge Boosting Earnings

Infrastructure investments and new base rates are likely to enhance revenue growth and improve earnings for Emera.

There Are Reasons To Feel Uneasy About Emera's (TSE:EMA) Returns On Capital

Nov 04
There Are Reasons To Feel Uneasy About Emera's (TSE:EMA) Returns On Capital

Emera's (TSE:EMA) Dividend Will Be Increased To CA$0.725

Oct 14
Emera's (TSE:EMA) Dividend Will Be Increased To CA$0.725

Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

Sep 26
Does Emera (TSE:EMA) Have A Healthy Balance Sheet?

Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Sep 04
Are Investors Undervaluing Emera Incorporated (TSE:EMA) By 38%?

Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Aug 03
Investors Could Be Concerned With Emera's (TSE:EMA) Returns On Capital

Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Jul 16
Emera Incorporated's (TSE:EMA) P/E Still Appears To Be Reasonable

Shareholder Returns

EMACA Electric UtilitiesCA Market
7D1.4%0.6%0.3%
1Y35.6%14.8%16.9%

Return vs Industry: EMA exceeded the Canadian Electric Utilities industry which returned 15.7% over the past year.

Return vs Market: EMA exceeded the Canadian Market which returned 17.9% over the past year.

Price Volatility

Is EMA's price volatile compared to industry and market?
EMA volatility
EMA Average Weekly Movement1.7%
Electric Utilities Industry Average Movement2.7%
Market Average Movement8.8%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: EMA has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: EMA's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19987,605Scott Balfourwww.emera.com

Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is also involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities.

Emera Incorporated Fundamentals Summary

How do Emera's earnings and revenue compare to its market cap?
EMA fundamental statistics
Market capCA$18.76b
Earnings (TTM)CA$869.60m
Revenue (TTM)CA$7.86b
21.6x
P/E Ratio
2.4x
P/S Ratio

Is EMA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMA income statement (TTM)
RevenueCA$7.86b
Cost of RevenueCA$4.42b
Gross ProfitCA$3.44b
Other ExpensesCA$2.57b
EarningsCA$869.60m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 08, 2025

Earnings per share (EPS)2.92
Gross Margin43.80%
Net Profit Margin11.07%
Debt/Equity Ratio146.1%

How did EMA perform over the long term?

See historical performance and comparison

Dividends

4.6%
Current Dividend Yield
97%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/13 15:16
End of Day Share Price 2025/07/11 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Emera Incorporated is covered by 26 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Ross FowlerBarclays
Philip BassilBeacon Securities Limited