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TSE:EMA
Emera Inc (EMA.TO)
Financials 
Technical Analysis 
Jun 11, 2026, 12:00 amThis summary was created by AI, based on 10 opinions in the last 12 months.
Emera Inc (EMA-T) is recognized as a solid utility company with strong operational footprints in both Canada and the US, particularly in regions like Nova Scotia and Florida. Analysts appreciate its consistent dividend growth and the favorable regulatory environment in areas of operation. Despite concerns regarding past leverage and payout ratios, current reviews indicate a more stable financial standing, with prospects for growth driven by an increasing customer base and potential solar project expansions in Florida. The stock has seen significant price appreciation but is at all-time highs, making it a bit challenging to enter at current levels. Still, the general sentiment leans towards holding or cautiously accumulating shares due to its reliable income generation capabilities and promising long-term growth.
Favours this over Fortus for growth in Labrador and Newfoundland, will be better dividend growth and value growth.
Norman LevineGoing to be a couple of years before there is an impact on the production out of Newfoundland that they are sharing in. Stock will probably be going sideways but he has no concern about the dividend. This will be a longer-term growth story.
David CockfieldLikes this one but valuation does not offer a compelling rate of return at this point. Has a safe, stable dividend but upside is probably capped.
Dennis Mitchell, CFAGood growth in the area but at these levels it looks expensive. Likes the dividend. Good solid company.
David CockfieldAt what time does a red flag go up when you are looking at a utility sector, regarding the PE multiples? What do you think of the utility sectors going forward? In the dividend camp, the utilities are probably going to be the most staid of the group. You are not looking for big upside. You are looking for some appreciation and your dividend yield. It may well be that dividend payers continue to be expensive on a relative basis if the alternatives of government bonds or term deposits don’t cut it for investors.
A utility. Mostly Nova Scotia Power but has some other operations in Maine and other places. Was an exciting stock when interest rates were collapsing and its very attractive yield stood out and the stock went up 50% in one year. Still a very attractive utility with a very attractive dividend that will grow. Has the bonus of participating in the Lower Churchill project so there is some really good growth ahead of it. If you are looking for safety and income, this is pretty good.
Norman LevineHave electrical transmission, generation and distribution mainly in the Northeast US, Atlantic Canada and the Caribbean. Great management. Balance sheet is in great shape. Probably worth around $36, so wouldn’t add at these levels. Buy below $34. 3.9% dividend.
Dennis Mitchell, CFA
David Cockfield
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He is only warm to the utility companies in Canada. Not exciting but will continue to grow.