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Investor Insights

This summary was created by AI, based on 14 opinions in the last 12 months.

Emera Inc. is a geographically diverse energy and services company with significant assets in Canada, the United States, and the Caribbean. The company is focusing on the transformation from high carbon to low carbon energy sources. Despite concerns about debt and asset replacement costs, Emera's strong dividend, defensive nature, and potential for growth in the U.S. market make it an attractive option for investors seeking stability and income.

Consensus
Hold
Valuation
Fair Value
BUY
Emera Inc

It has struggled and has more debt than others in the sector. He is expecting them to sell off some of their assets which should help, along with rate cuts. The dividend is safe. It is at a good entry point.

Utilities
DON'T BUY
Emera Inc

Return on capital predictable, but replacement cost of assets very high. Good for defensive investors, but not going to appreciate capital at high rate. Lots of capital required to grow business creates situation of low returns. Politicians and consumers putting pressure on margins of business. Falling interest rates good for the business (high debt load in business). Overall, better options for investors out there. 

Utilities
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TOP PICK
Emera Inc

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $38 billion in assets and 2022 revenues of more than $7.5 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedarplus.ca. Social media mentions are up 500% in the past 24h.

Utilities
WATCH
Emera Inc

Could hold for dividend. Technically, can't argue with the downtrend. Hopefully, stock will find support around $45. If yes, there's consolidation and maybe downtrend is over. Wouldn't jump all over it, there's perhaps hope if doesn't break $45.

Utilities
BUY
Emera Inc

Editor's Note: The question was on utilities and her response included Fortis and Emera. Utilities are lower volatility in the long term and come with a nice yield. There is more growth ahead that we haven't seen for the past 5 to 10 years. Rising rates give a better ROE. She likes Fortis and Emera with Emera showing a little more growth and a yield of 6%.

Utilities
TOP PICK
Emera Inc

It is a different company now with more assets in the U.S. than in Canada. In Florida they can ask for higher rates just based on its population growth. They are targeting 7% rate-based growth and 4 to 5% dividend growth. It is defensive in nature and there is a big opportunity because of its very low valuation.        Buy 8  Hold 6  Sell 2

(Analysts’ price target is $53.93)
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TOP PICK
Emera Inc

Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $38 billion in assets and 2022 revenues of more than $7.5 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments in Canada, the United States and in three Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F, EMA.PR.H, EMA.PR.J and EMA.PR.L. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional information can be accessed at www.emera.com or at www.sedarplus.ca. Social media mentions are up 50% in the past 24h.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Emera Inc
(A Top Pick Nov 23/23, Up 5.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with EMA is progressing well.  To remain disciplined, we recommend trailing up the stop (from $42) to $46 at this time. 

Utilities
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Emera Inc
Stockchase Research Editor: Michael O'Reilly

EMA is Nova Scotia's largest utility, operating across Canada and the north east US.  Operating income has grown over 11% annually for the past five years and EPS has grown by 40%.  It trades at 1.3x book and pays a good dividend, backed by a payout ratio under 60% of cash flow.  We recommend placing a stop at $42, looking to achieve $57 -- upside potential of 16%.  Yield 5.6%

(Analysts’ price target is $57.00)
Utilities
STRONG BUY
Emera Inc

All utilities have seen share prices fall since the spring, being bond proxies given rising interest rates. People are buying bonds, and selling utilities. Now is a good entry point at 15x PE, and pays over a 6% dividend yield, which has grown 17 straight years. Low risk, because 95% of their business are regulated and there's little cyclicality (recession-resilient).

Utilities
PARTIAL BUY
Emera Inc

All energy stocks, from renewables to this one, are down. Pays a roughly 6% dividend, and it's safe. Generally, you can start to buy these. It's all about interest rates, which continue to rise. Dividend stocks are competing with GICs and other bank deposits offering 6% yields. Doubts that any utilities will cut dividends, but the share prices may come down further. You can buy a tranche, cautiously.

Utilities
BUY ON WEAKNESS
Emera Inc

Great Canadian company.
Hard assets, but current share price too high.
Waiting for share price to fall ~$10.
Very safe dividend. 

Utilities
TOP PICK
Emera Inc

Electricity demand in North America continues to rise. Emera will sort out issues in Nova Scotia. Their New Meico and Tampa centres are growing, needing more electricity. It pays over a 5% dividend.

(Analysts’ price target is $59.31)
Utilities
HOLD
Emera Inc
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EMA will experience lower earnings this year, with a recovery in 2024. Growth is relatively low, but this is common for the industry. The Q1 was fine and exceeded expectations. We see nothing overly wrong with the company. Payout ratio is about 73%, so there is not huge room for dividend increases, but this may change next year. We think it is mostly a sector and higher-interest-rates rate problem. The stock is up 4% this year, more or les inline with the TSX's return. 
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COMMENT
Emera Inc

The big question is: What will happen to interest rates? These stocks are sensitive to them. Rates have to rise above inflation in order to slow the latter. We are not there yet. If inflation takes off (50/50 chance), then Emera won't do well. This is worth $39. 

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Showing 1 to 15 of 345 entries

Emera Inc(EMA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

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, 8 stock analysts published opinions about EMA-T. 6 analysts recommended to BUY the stock. 1 analyst 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?

8 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 2024-04-12, Emera Inc (EMA-T) stock closed at a price of $47.07.