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TSE:EMA
This 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.
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.