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Emera Incorporated (EMA.TO)

CAD76.08 +0.52 (+0.69%)
CA TSX Utilities Regulated Electric
Address 5151 Terminal Road B3J 1A1
Halifax, NS, CA
CEO Scott Carlyle Balfour
Website emera.com
IPO 1995-01-12
ISIN CA2908761018

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Also trades on New York Stock Exchange · EMA (USD) Other OTC · EMRAF (USD) Other OTC · ERRAF (USD) Toronto Stock Exchange · EMA-PC.TO (CAD) Toronto Stock Exchange · EMA-PH.TO (CAD) Toronto Stock Exchange · EMA.TO (CAD)
Description

Emera Incorporated operates as an energy and services enterprise, primarily involved in the generation, transmission, and distribution of electricity, alongside the purchase, transport, distribution, and sale of natural gas through its diverse subsidiaries. The company structures its operations into segments such as Florida Electric Utility, Canadian Electric Utilities, Other Electric Utilities, and Gas Utilities and Infrastructure. Electricity generation draws from a broad spectrum of sources, including coal, natural gas/oil, hydro, wind, solar, petroleum coke, and biomass. Beyond core utility provisions, Emera also offers energy marketing, trading, and comprehensive asset management services. A notable asset is its 145-kilometer pipeline, which delivers re-gasified liquefied natural gas from Saint John, New Brunswick, to consumers in the northeastern United States. By December 31, 2021, Emera's electric utilities served approximately 810,600 customers in West Central Florida; 536,000 in Nova Scotia; 132,000 in Barbados; 19,000 in Grand Bahama Island; and 35,700 in Dominica. Its gas utilities and infrastructure operations concurrently catered to roughly 445,000 customers across Florida and 542,000 in New Mexico. Furthermore, the company extends insurance and reinsurance coverage to itself and its affiliates, complemented by financing services. Established in 1998, Emera is headquartered in Halifax, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD76.08 +0.52 (+0.69%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.45
Float Shares
302.03M
Free Float %
98.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.31% -1.44% -1.06% +2.15% +5.54% +5.93% +19.78% +22.12% +28.15% +54.52% +543.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (4 ratings, all time) Buy
Price Targets & DCF
Current price
76.08
Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 2 0
Hold 8 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.71
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Electric: +9.0%
    +15.4% Q1'26: -7.6% (vs Q1'25)
  • EPS growth Regulated Electric: +12.7%
    +97.7% Q1'26: -5.6% (vs Q1'25)
  • FCF margin FCF growth · Regulated Electric: +35.5%
    -3.8% Q1'26: -5.8% (vs Q1'25)
  • EBIT margin Regulated Electric: +19.9%
    +18.7% Q1'26: +25.3% (vs Q1'25)
  • ROIC Regulated Electric: +4.4%
    +4.2% Q1'26: +5.7% (vs Q1'25)
  • Share dilution Regulated Electric: +0.0%
    +3.7% Q1'26: +2.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Electric: 4.23×
    7.58× Q1'26: 9.58× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.46) × ERP
WACC = 50% × Ke + 50% × Kd (4.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 76.08
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
4 EPS Ana.
Dec 2027
6 Rev. Ana.
7 EPS Ana.
Dec 2028
4 Rev. Ana.
1 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Revenue
1.55B
est: 1.51B (+2.7%)
2.06B
est: 1.62B (+27.7%)
2.06B
est: 2.00B (+3.0%)
2.23B
est: 2.24B (-0.4%)
2.94B
est: 2.87B (+2.3%)
2.79B
est: 2.81B (-0.9%)
4.28B
est: 4.42B (-3.3%)
6.23B
est: 6.52B (-4.5%)
6.52B
est: 6.54B (-0.2%)
6.11B
est: 6.15B (-0.6%)
5.51B
est: 5.96B (-7.6%)
5.77B
est: 5.71B (+1.0%)
7.59B
est: 6.86B (+10.7%)
7.56B
est: 7.35B (+2.9%)
7.20B
est: 7.71B (-6.6%)
8.31B
est: 8.43B (-1.5%)
8.62B
7.98B – 10.01B
+2.2% YoY
8.83B
8.19B – 10.15B
+2.5% YoY
10.15B
10.10B – 10.20B
+14.9% YoY
8.91B
8.26B – 10.30B
-12.2% YoY
EBITDA
521.10M
est: 278.74M (+87.0%)
602.20M
est: 217.48M (+176.9%)
607.50M
est: 399.74M (+52.0%)
685.50M
est: 403.62M (+69.8%)
1.01B
est: 596.30M (+69.6%)
917.00M
est: 794.53M (+15.4%)
1.15B
est: 1.40B (-17.9%)
2.27B
est: 403.97M (+461.7%)
2.30B
est: 775.46M (+196.5%)
2.29B
est: 1.12B (+105.0%)
2.08B
est: 1.08B (+91.8%)
1.85B
est: 1.10B (+68.5%)
2.69B
est: 1.16B (+131.5%)
2.89B
est: 2.57B (+12.4%)
2.51B
est: 2.74B (-8.5%)
2.85B
est: 2.95B (-3.2%)
3.01B
2.79B – 3.50B
+2.2% YoY
3.09B
2.87B – 3.55B
+2.5% YoY
3.55B
3.53B – 3.57B
+14.9% YoY
3.12B
2.89B – 3.60B
-12.2% YoY
EBIT
340.00M
est: 406.25M (-16.3%)
405.10M
est: 400.79M (+1.1%)
346.50M
est: 392.69M (-11.8%)
409.30M
est: 388.27M (+5.4%)
670.60M
est: 511.43M (+31.1%)
568.00M
est: 678.69M (-16.3%)
555.00M
est: 777.13M (-28.6%)
1.42B
est: 818.25M (+73.3%)
1.37B
est: 1.42B (-3.5%)
1.38B
est: 1.32B (+4.6%)
1.18B
est: 1.33B (-11.1%)
938.00M
est: 1.35B (-30.4%)
1.73B
est: 1.42B (+21.4%)
1.83B
est: 1.48B (+23.8%)
1.34B
est: 1.57B (-14.6%)
1.56B
est: 1.70B (-8.2%)
1.73B
1.60B – 2.01B
+2.2% YoY
1.78B
1.65B – 2.04B
+2.5% YoY
2.04B
2.03B – 2.05B
+14.9% YoY
1.79B
1.66B – 2.07B
-12.2% YoY
Net Income
194.20M
est: 186.71M (+4.0%)
247.70M
est: 207.44M (+19.4%)
220.80M
est: 306.36M (-27.9%)
236.80M
est: 259.86M (-8.9%)
432.90M
est: 304.06M (+42.4%)
427.00M
est: 440.29M (-3.0%)
255.00M
est: 654.37M (-61.0%)
294.00M
est: 375.95M (-21.8%)
746.00M
est: 294.55M (+153.3%)
708.00M
est: 703.68M (+0.6%)
983.00M
est: 700.61M (+40.3%)
560.00M
est: 710.56M (-21.2%)
1.01B
est: 1.24B (-18.6%)
1.04B
est: 725.70M (+43.9%)
567.00M
est: 875.60M (-35.2%)
1.09B
est: 993.00M (+9.7%)
1.10B
1.07B – 1.14B
+11.1% YoY
1.10B
1.06B – 1.15B
+0.1% YoY
1.29B
1.06B – 1.40B
+16.9% YoY
1.12B
1.02B – 1.35B
-12.9% YoY
SGA
est: 2.88M (-100.0%)
est: 3.07M (-100.0%)
est: 3.80M (-100.0%)
est: 4.26M (-100.0%)
est: 5.46M (-100.0%)
est: 5.35M (-100.0%)
est: 8.41M (-100.0%)
est: 12.39M (-100.0%)
27.00M
est: 12.43M (+117.2%)
2.00M
est: 11.69M (-82.9%)
2.00M
est: 11.33M (-82.4%)
est: 10.86M (-100.0%)
17.00M
est: 13.04M (+30.4%)
27.00M
est: 13.44M (+101.0%)
24.00M
est: 14.10M (+70.2%)
est: 15.42M (-100.0%)
15.76M
14.59M – 18.31M
+2.2% YoY
16.15M
14.98M – 18.56M
+2.5% YoY
18.56M
18.47M – 18.66M
+14.9% YoY
16.29M
15.11M – 18.83M
-12.2% YoY
EPS
1.67
est: 1.66 (+0.8%)
1.99
est: 1.64 (+21.0%)
1.77
est: 1.70 (+4.0%)
1.64
est: 1.76 (-6.7%)
2.84
est: 2.15 (+32.1%)
2.72
est: 2.30 (+18.2%)
1.33
est: 2.46 (-46.0%)
1.25
est: 2.49 (-49.9%)
3.20
est: 2.81 (+14.1%)
2.76
est: 2.61 (+5.6%)
3.79
est: 2.55 (+48.6%)
1.98
est: 2.81 (-29.6%)
3.56
est: 2.97 (+20.0%)
3.57
est: 2.58 (+38.2%)
1.71
est: 2.86 (-40.2%)
3.39
est: 3.52 (-3.6%)
3.67
3.56 – 3.80
+4.4% YoY
3.62
3.54 – 3.83
-1.5% YoY
3.90
3.53 – 4.68
+7.7% YoY
3.75
3.39 – 4.51
-3.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B- 3/5 1/5 3/5 3/5 2/5 3/5 3/5
2026-05-07 B- 3/5 1/5 3/5 3/5 2/5 3/5 3/5
2026-05-06 B- 3/5 1/5 3/5 3/5 2/5 3/5 3/5
2026-05-05 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-04 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-05-01 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-30 B 3/5 1/5 3/5 4/5 2/5 3/5 3/5
2026-04-29 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-28 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-27 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-24 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-23 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-22 B- 2/5 1/5 3/5 4/5 1/5 2/5 3/5
2026-04-21 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-20 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-17 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-16 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5
2026-04-15 C+ 2/5 1/5 2/5 4/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.03B
OE per share TTM
-3.41
Owner's Yield
-4.73%
Maintenance CapEx ratio
267.05%
Maint CapEx / Avg PPE
331.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
204.6K
Shares Outstanding
305.78M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Scott Carlyle Balfour Chief Executive Officer, President & Director 3M male
Archibald D. Collins President & Chief Executive Officer of Tampa Electric 2M male
Helen J. Wesley President & CEO of Peoples Gas 2M female
Gregory W. Blunden FCPA Executive Vice President of Finance - Emera USA 1M male
Karen E. Hutt Executive Vice President of Corporate Development 1M female
Jared Blake Green Chief Financial Officer 955.7K male
R. Michael Roberts Chief Human Resources Officer male
Roger Blackman Managing Director of Barbados Light & Power Company male
Dave Bezanson Vice President of Investor Relations & Pensions male
Chris Heck Chief Digital Officer male
Janelle Poole Vice President of Corporate Affairs female
Michael Barrett Executive Vice President & General Counsel male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits