What is Desjardins’ Forecast for Emera FY2025 Earnings?

Emera Incorporated (TSE:EMA) – Investment analysts at Desjardins cut their FY2025 earnings estimates for shares of Emera in a report issued on Sunday, November 9th. Desjardins analyst B. Stadler now expects that the company will post earnings per share of $3.59 for the year, down from their prior forecast of $3.62. Desjardins has a “Hold” rating and a $68.00 price objective on the stock. The consensus estimate for Emera’s current full-year earnings is $3.20 per share. Desjardins also issued estimates for Emera’s Q4 2025 earnings at $0.64 EPS.

Several other analysts have also recently issued reports on EMA. Raymond James Financial upped their target price on Emera from C$70.00 to C$73.00 and gave the company an “outperform” rating in a report on Friday, October 24th. TD Securities lifted their target price on shares of Emera from C$69.00 to C$74.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. BMO Capital Markets boosted their target price on shares of Emera from C$68.00 to C$72.00 in a report on Monday. National Bankshares lifted their price target on shares of Emera from C$60.00 to C$62.00 and gave the company a “sector perform” rating in a research report on Monday, August 11th. Finally, Scotiabank increased their price objective on Emera from C$70.00 to C$72.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$66.42.

Emera Price Performance

TSE:EMA opened at C$67.08 on Tuesday. Emera has a one year low of C$49.58 and a one year high of C$69.62. The stock has a market cap of C$20.08 billion, a PE ratio of 22.74, a P/E/G ratio of 6.20 and a beta of 0.57. The company has a debt-to-equity ratio of 150.23, a quick ratio of 0.23 and a current ratio of 0.72. The stock has a 50 day moving average price of C$66.50 and a 200 day moving average price of C$64.07.

Insider Buying and Selling at Emera

In related news, Director Judy Ann Steele sold 794 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of C$64.90, for a total transaction of C$51,530.60. Following the transaction, the director owned 352 shares of the company’s stock, valued at approximately C$22,844.80. This represents a 69.28% decrease in their position. Also, Director Archibald Collins sold 30,600 shares of Emera stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of C$64.95, for a total value of C$1,987,470.00. Following the completion of the transaction, the director directly owned 13,045 shares of the company’s stock, valued at approximately C$847,272.75. This represents a 70.11% decrease in their ownership of the stock. Insiders sold a total of 49,494 shares of company stock worth $3,213,691 in the last quarter. Company insiders own 0.09% of the company’s stock.

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.