
TSE:EMA
This summary was created by AI, based on 9 opinions in the last 12 months.
Emera Inc (EMA) has garnered positive reviews from various experts, highlighting its reliable dividend yield and defensive characteristics, making it a preferred choice for income-focused investors. While it is at all-time highs, many believe there is still growth potential, especially with expansion efforts in the U.S. markets, such as Florida. The company is seen as fundamentally sound, with ongoing projects in solar energy and a favorable regulatory environment expected to boost earnings. Despite past concerns regarding leverage, the current financial standing seems stable, allowing for further dividend growth. Some analysts express caution regarding current share prices but generally view EMA as a solid long-term hold, especially amid increasing demand in the utility sector.
(A Top Pick Oct 15/19, Up 3%) Similar to FTS. Moving to a larger renewable, regulated base. Steady revenue and dividend growth. Will see steady multiple expansion.
Utilities have bounced, but as the market has rallied significantly, a lot of these names have underperformed and that's a good time to buy. Likes it, as well as Fortis, Attco, and BIP.UN. You could buy 3 or 4 and build yourself a little defensive portfolio with income and potential growth. Still upside, good core holdings, won't get you into too much trouble.
EMA vs. FTS Emera reported pretty good numbers. Both have foreign exposure. Both have growth to them and over 4% yield. Operating risk, but not political risk per se. Both are fine holds.