Buy, Sell or Hold: Emera Inc (EMA-T) — Stock Predictions at Stockchase

TSE:EMA

55.89

0.10 (0.18%) 1d

Showing 1 to 15 of 322 entries

TOP PICK

Seasonality is September 13 - October 27. Utility sector has done extremely well in 2022. Over 95% regulated contracts. Sometimes boring is good. Should continue to perform well relative to the market, especially if we see more volatility in September and October. Yield is 4.35%. (Analysts’ price target is $65.00)

mngmnt / diversified

WEAK BUY

50% of revenues come from Florida. Growth profile is fairly solid. Very defensive, which he likes right now. He prefers AQN, with a more diversified footprint. Also BIP.UN, with diversification, global platform, and more attractive valuation. But nothing wrong with this name.

mngmnt / diversified

BUY

Allan Tong’s Discover Picks Rising rates will add to their debt service costs, though all utilities carry a lot of debt. Emera’s debt-to-capital of 61%. is in-line with the sector. The company can charge more to their customers. Over the past year, EMA has gradually climbed from $55 to $64 a share and given a little back in late April and May. However, its PE stands at nearly 27x, slightly lower than 2021’s 34.93x but far more than 15.5x in 2020. Read 3 dividend stocks to fight inflation for our full analysis.

mngmnt / diversified

BUY

The dividend is the attraction here. They have a track record of raising that. They have a leveraged balance sheet, like utilities do, so rising rates will raise their debt service costs. but inflation will allow Emera to charge more to customers. There's usually a lag between inflation and rate increases, though. The dividend is solid. A good stock for an RRSP.

mngmnt / diversified

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PAST TOP PICK

(A Top Pick Feb 25/21, Up 23%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with EMA is progressing well and has achieved our $62 objective. To remain disciplined, we recommend covering half the position and trailing up the stop (from $52) to $58.

mngmnt / diversified

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PAST TOP PICK

(A Top Pick Feb 25/21, Up 17.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with EMA is progressing well. We recommend trailing up the stop (from $45) to $52 at this time.

mngmnt / diversified

COMMENT

Has irreplaceable assets with electrification and there will be growing demand. Has to be bullish on companies that are supplying it. Has ambitious plans and they will raise stock. This is part of the game, however.

mngmnt / diversified

HOLD

EMA vs. CU Both are good and highly regulated. EMA is on the east coast, whereas CU is on the west. EMA is like a FTS-light. See his Top Picks for suggestions that are more attractively priced with more capital upside.

mngmnt / diversified

PAST TOP PICK

(A Top Pick Aug 28/20, Up 16%) A good return for a utility. A core part of the portfolio. Electricity demand will double and triple so must have exposure to a company like this.

mngmnt / diversified

COMMENT

Now an international operator with their acquisition in Florida. Diversified into natural gas in New Mexico too. A growth international utility. Ultimately, it trades as a utility. Interest rate sensitive. Interest rates going up will limit your upside.

mngmnt / diversified

BUY

EMA-T vs. FTS-T. Both companies distribute electricity. He has more FTS-T than EMA-T. You are looking at the growth in the size of the pie as well as the configuration. Both get paid a regulated rate of return. FTS-T has a little more exposure than EMA-T. Both stocks have bounced off the bottom this year. You are going to get dividend growth come to both of these. They are both a very long term hold.

mngmnt / diversified

BUY

The utilities have come off recently on the prospects of higher interest rates. They keep growing their dividend, now over 4%. Power demanding will grow in the next five years, and utilities will benefit. They are paid on a regulated basis at set rates. Utilities look very good and are set up to ride this energy increase.

mngmnt / diversified

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TOP PICK

Stockchase Research Editor: Michael O'Reilly EMA is an electric generation and transmission company, operating in east coast of Canada, with customers along the US seaboard and New Mexico. Trading at 13x earnings, it is good value compared to its Utility peers at 34x. It pays an excellent dividend, backed by a manageable payout ratio of 65% of cash flow. We would trade this with a stop loss at $45, looking to achieve $62 -- upside potential of over 18%. Yield 4.98% (Analysts’ price target is $61.20)

mngmnt / diversified

BUY

Canadian utilities are fantastic to own in a barbell strategy. Safe, with a regulated base. Attractive return over the next 4-5 years. You won't get the pop of other cyclicals, but eventually, it will gain traction. Dividend growth, low volatility. Undemanding valuation.

mngmnt / diversified

HOLD

Issue is if interest rates rise, owning utilities will not be great. Rate-based growth of 5-6%. Nothing wrong with the company. Use it as an income device. Dividend around 5%.

mngmnt / diversified

Showing 1 to 15 of 322 entries

Emera Inc(EMA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 6

Stockchase rating for Emera Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Emera Inc(EMA-T) Frequently Asked Questions

What is Emera Inc stock symbol?

Emera Inc is a Canadian stock, trading under the symbol EMA-T on the Toronto Stock Exchange (EMA-CT). It is usually referred to as TSX:EMA or EMA-T

Is Emera Inc a buy or a sell?

In the last year, 6 stock analysts published opinions about EMA-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Emera Inc.

Is Emera Inc a good investment or a top pick?

Emera Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Emera Inc.

Why is Emera Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Emera Inc worth watching?

6 stock analysts on Stockchase covered Emera Inc In the last year. It is a trending stock that is worth watching.

What is Emera Inc stock price?

On 2022-09-30, Emera Inc (EMA-T) stock closed at a price of $55.89.

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