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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-T) is perceived as a stable investment, particularly in the context of current economic conditions that favor utilities due to declining interest rates. Analysts note the company's attractive yield, which ranges from 5% to over 6%, and its ability to provide a steady dividend, albeit with slow growth. The company's geographic diversification, primarily focused in Canada and the U.S., allows it to navigate challenges like natural disasters better than some peers while capitalizing on long-term infrastructure opportunities. Furthermore, experts highlight the potential for asset sales to boost growth and reduce debt, with the stock trading at a reasonable valuation given its earnings growth projections. Despite some mixed sentiments about macroeconomic conditions affecting utilities, the general outlook remains cautiously optimistic for EMA as a defensive investment.
Very stable business that will hold up better in the face of tariffs. Canadian utility-type business. Slow but steady dividend growth. Not cheap, but dividends will be rock-solid and even more attractive with yields low in Canada.
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.
Likes it long term, but is enduring issues now.
There could be a space for utilities in a portfolio, given high dividends above 5% as interest rates decline. They have exposure to Tampa which the hurricane didn't hit badly. EMA is a good income vehicle.
It is well run and lower interest rates will be a catalyst for utility companies, There are issues with parts of the U.S. due to the effects of the recent hurricane which is really the latest in a series of hurricanes.
(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.
Lower rates will be favourable to it. Valuation should probably improve over remainder of the year and into 2025. Decent upside for growth, dividend safer than some higher ones. Yield is 5.5%, not excessively high.
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.
It is long term infrastructure opportunity. He likes transmission and utilities assets and is in Florida which is a high growth area. The dividend is still growing. In general buy stocks that have growth opportunities over the next decade.
They are good operators as a distribution utility. Lower rates are a tailwind. They are selling an asset later in the year to help pay down debt. Pays a 6 1/2% dividend.
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, 20 stock analysts published opinions about EMA-T. 3 analysts recommended to BUY the stock. 3 analysts 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.
20 stock analysts on Stockchase covered Emera Inc In the last year. It is a trending stock that is worth watching.
On 2025-03-28, Emera Inc (EMA-T) stock closed at a price of $60.32.
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.