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Weekly 52-Week Low (or 52-Week High): EMA-T, AGI-T, CMG-T, CIA-T and More 52-Week Highs and Lows (Mar 05-11)Most Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Weekly 52-Week Low (or 52-Week High): BB-T, AEM-T, DOO-T, TSU-T and More 52-Week Highs and Lows (Jan 29-Feb 04)This summary was created by AI, based on 20 opinions in the last 12 months.
Emera Inc (EMA) has garnered positive sentiments among experts for its stable business model and attractive dividend yield, which exceeds 5%. While growth is on the slower side, analysts view the utility as a reliable income vehicle, particularly in a declining interest rate environment. Many recommend maintaining positions and highlight the potential for capital appreciation through asset sales and an improving valuation. The company's focus on transitioning to low-carbon energy sources is seen as beneficial for long-term growth. Despite some concerns about near-term pressures due to market volatility and the impact of recent hurricanes, the consensus remains optimistic about the company's ability to navigate these challenges effectively.
Bumps along the road, but the price has appreciated. Utilities are always levered, so as rates go up, there's more interest expense on the balance sheet and less profit hits the bottom line. Rates coming down have helped EMA's profit. Over time, expectation is that it will be the better choice. Yield is north of 5%.
Utilities are her largest sector weight. Defensive, regulated earnings. Secular trend as we transition off fossil fuels. Long-term growth opportunities. Biggest asset is in Florida, a good jurisdiction. Stock came off due to hurricanes. Yield is 5.5%, grows at a small rate.
(Note short timeframe.) Defensive. Will benefit from interest rates coming down. Asset base should grow ~7% a year, dividend by 4-5% a year. Doing what they say they will. Additional asset sales to bring debt down; with interest rates coming down, may not need to sell as much.
Operates in Florida, which has one of the fastest-growing populations.
Near term, lots of $$ coming into utilities partly because of rate cuts. That's fine. Saw generational low interest rates in 2020, and we're going to see rates ratchet slowly higher for next 15-20 years. So inflation and rates are going to be stickier, making bond proxies harder longer term.
So you need to make sure you have dividend growth. Lean toward dividend growth, rather than high dividend but low growth. He'd prefer CPX, a smaller company with better record of dividend growth, technically a lot better.
Some asset sales. Next asset sale should be a catalyst, as will interest rate cuts. Lower dividend outlook hurt, growth only 1%. Stock rose in July with the rotation and bond yields coming down. He likes power names with price to growth of about 1. This one doesn't, but 5-7% EPS growth plus dividend ~6% gives you that at a lot cheaper than H or FTS.
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
In the last year, 17 stock analysts published opinions about EMA-T. 13 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.
Emera Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Emera Inc.
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.
17 stock analysts on Stockchase covered Emera Inc In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Emera Inc (EMA-T) stock closed at a price of $60.99.
Volatility in last month has been great for all the utilities. Not a lot of growth, only ~7%. He looks for a bit more growth. Great place to shelter for defensive positioning, plus 4.9% yield.