Emera Inc Expected to Post FY2018 Earnings of $3.19 Per Share (EMA)

Emera Inc (TSE:EMA) – Equities researchers at National Bank Financial issued their FY2018 earnings estimates for shares of Emera in a note issued to investors on Tuesday. National Bank Financial analyst P. Kenny expects that the firm will post earnings per share of $3.19 for the year. National Bank Financial has a “Sector Perform” rating and a $53.00 price target on the stock.

“Emera Inc Expected to Post FY2018 Earnings of $3.19 Per Share (EMA)” was originally posted by Web Breaking News and is the sole property of of Web Breaking News. If you are accessing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this report can be read at http://www.webbreakingnews.com/2017/02/17/emera-inc-expected-to-post-fy2018-earnings-of-3-19-per-share-ema-2.html.

Earnings History and Estimates for Emera (TSE:EMA)

EMA has been the topic of a number of other research reports. Scotiabank set a C$50.00 price objective on shares of Emera and gave the stock a “sector perform” rating in a report on Monday. Raymond James Financial, Inc. set a C$51.50 price objective on shares of Emera and gave the stock a “market perform” rating in a report on Monday. TD Securities boosted their price objective on shares of Emera from C$52.00 to C$55.00 and gave the stock a “buy” rating in a report on Wednesday, November 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a C$62.00 price objective (up previously from C$60.00) on shares of Emera in a report on Tuesday, November 8th. Finally, Barclays PLC cut their price objective on shares of Emera from C$52.00 to C$51.00 and set an “overweight” rating on the stock in a report on Monday, December 19th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$53.77.

Emera (TSE:EMA) traded down 0.18% during trading on Thursday, hitting $45.33. The company had a trading volume of 201,385 shares. Emera has a 12 month low of $43.76 and a 12 month high of $50.19. The company has a market cap of $9.52 billion and a PE ratio of 34.31. The company’s 50 day moving average price is $45.57 and its 200-day moving average price is $46.30.

“Emera Inc Expected to Post FY2018 Earnings of $3.19 Per Share (EMA)” was originally posted by Web Breaking News and is the sole property of of Web Breaking News. If you are accessing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The correct version of this report can be read at http://www.webbreakingnews.com/2017/02/17/emera-inc-expected-to-post-fy2018-earnings-of-3-19-per-share-ema-2.html.

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. Stockholders of record on Wednesday, February 15th were paid a $0.5225 dividend. The ex-dividend date was Monday, January 30th. This represents a $2.09 dividend on an annualized basis and a dividend yield of 4.60%.

About Emera

Emera Incorporated is an energy and services company that invests in electricity generation, transmission and distribution, as well as gas transmission and utility services. The Company operates through six segments: NSPI; Emera Maine; Emera Caribbean, which includes Emera (Caribbean) Incorporated and its subsidiaries, which includes The Barbados Light & Power Company Limited, Dominica Electricity Services Ltd., Grand Bahama Power Company Limited, Emera Utility Services (Bahamas) Limited and an equity investment in St.

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