Key Points
- Insider sale: Director Daniel Muldoon sold 8,000 shares on December 17 at C$67.00 for C$536,000, cutting his holding by 77.09% to 2,378 shares (≈C$159,326).
- Analyst sentiment: Multiple brokers have raised targets recently (RBC to C$76, several to C$72–73), leaving an average target of C$71.00 and a consensus rating of "Moderate Buy" (five Buys, four Holds).
- Company fundamentals and price: Emera has a market cap of C$20.17B and a P/E of 18.12; last quarter EPS was C$0.88 on C$2.11B revenue, and the stock trades near C$66.85 with a 1‑year range of C$51.23–C$69.62.
Emera Incorporated (TSE:EMA - Get Free Report) insider Daniel Muldoon sold 8,000 shares of the business's stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of C$67.00, for a total value of C$536,000.00. Following the completion of the sale, the insider directly owned 2,378 shares of the company's stock, valued at approximately C$159,326. This trade represents a 77.09% decrease in their position.
Emera Price Performance
EMA opened at C$66.85 on Friday. The company has a debt-to-equity ratio of 150.23, a current ratio of 0.72 and a quick ratio of 0.23. The stock's 50 day simple moving average is C$67.45 and its 200 day simple moving average is C$65.14. The firm has a market cap of C$20.17 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 6.20 and a beta of 0.57. Emera Incorporated has a 1 year low of C$51.23 and a 1 year high of C$69.62.
Emera (TSE:EMA - Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported C$0.88 earnings per share for the quarter. The firm had revenue of C$2.11 billion during the quarter. Emera had a return on equity of 6.06% and a net margin of 10.51%. As a group, analysts predict that Emera Incorporated will post 3.1991627 earnings per share for the current year.
Analyst Upgrades and Downgrades
EMA has been the topic of several recent analyst reports. BMO Capital Markets raised their target price on Emera from C$68.00 to C$72.00 in a research note on Monday, November 10th. CIBC increased their price objective on Emera from C$71.00 to C$72.00 in a report on Monday, November 10th. Royal Bank Of Canada lifted their price objective on Emera from C$70.00 to C$76.00 in a research report on Monday, November 10th. Raymond James Financial boosted their target price on Emera from C$70.00 to C$73.00 and gave the company an "outperform" rating in a research note on Friday, October 24th. Finally, National Bankshares upped their target price on Emera from C$63.00 to C$67.00 and gave the company a "sector perform" rating in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Emera currently has an average rating of "Moderate Buy" and an average target price of C$71.00.
Read Our Latest Report on Emera
About Emera
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Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.
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