
TSE:EMA
This summary was created by AI, based on 9 opinions in the last 12 months.
Emera Inc (EMA-T) is recognized for its reliable service delivery, particularly in regions like Florida and Nova Scotia. Experts acknowledge the company’s steady growth, with a strong emphasis on dividend yield, though they anticipate a slower growth pace compared to recent highs. There are positive signs in Florida due to population growth and regulatory support, as well as potential in Nova Scotia from the unfreezing of rates. While some analysts express concerns about historical leverage and payouts, many highlight that the current financials appear stable. Overall, most agree that the company's diversified operations position it well for future growth, despite its current valuation being somewhat stretched compared to historical norms.
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.
(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.