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    E

    Emera Incorporated (EMA)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $47.06
    +0.10 (+0.21%)

    Market Cap: $14.66B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    61%(23/38)
    Avg Surprise
    +2.53%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.69
    Range$0.67 - $0.72
    8 analysts
    EPS RevisionsNo revisions (7d)
    2
    1
    30d
    EPS Estimate DriftChange to current
    90d ago$0.71-2.9%
    60d ago$0.69-0.9%
    30d ago$0.69-0.6%
    7d ago$0.69-0.6%
    Current$0.69
    Revenue Consensus
    $2.2B
    Range$2.2B - $2.2B
    2 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.58
    Range$0.48 - $0.67
    12 analysts
    Revenue Consensus
    $2.0B
    Range$1.4B - $2.4B
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.58---
    Sep 26EST
    		-$0.69---
    Jun 26
    Reported Aug 7
    		$0.50$0.51-1.96%Miss-12.3%
    Mar 26
    Reported May 8
    		$1.00$0.89+12.36%Beat+8.7%
    Dec 25
    Reported Feb 23
    		$0.40$0.42-4.76%Miss-32.4%
    Sep 25
    Reported Nov 7
    		$0.63$0.61+3.28%Beat+8.6%
    Jun 25
    Reported Aug 7
    		$0.57$0.47+21.28%Beat+46.2%
    Mar 25
    Reported May 8
    		$0.92$0.73+26.03%Beat+70.9%
    Dec 24
    Reported Feb 21
    		$0.59$0.54+9.48%Beat+25.8%
    Sep 24
    Reported Nov 8
    		$0.58$0.56+3.57%Beat+7.4%
    Jun 24
    Reported Aug 9
    		$0.39$0.42-7.14%Miss-13.3%
    Mar 24
    Reported Jun 29
    		$0.54N/AN/ABeat-26.3%
    Dec 23
    Reported Feb 26
    		$0.47$0.52-9.62%Miss-31.9%
    Sep 23
    Reported Nov 10
    		$0.54$0.53+1.89%Beat-5.3%
    Jun 23
    Reported Aug 11
    		$0.45$0.47-4.26%Miss-2.2%
    Mar 23
    Reported May 12
    		$0.73$0.70+4.29%Beat+2.8%
    Dec 22
    Reported Mar 31
    		$0.69$0.52+32.69%Beat+38.0%
    Sep 22
    Reported Nov 11
    		$0.57$0.54+5.56%Beat+3.6%
    Jun 22
    Reported Aug 10
    		$0.46$0.46+0.00%Beat+7.0%
    Mar 22
    Reported May 13
    		$0.71$0.73-2.74%Miss-10.1%
    Dec 21
    Reported Mar 31
    		$0.50$0.51-1.96%Miss-15.3%
    Sep 21
    Reported Nov 10
    		$0.55$0.53+3.77%Beat+7.8%
    Jun 21
    Reported Aug 11
    		$0.43$0.43+0.00%Beat+19.4%
    Mar 21
    Reported May 12
    		$0.79$0.74+6.76%Beat+41.1%
    Dec 20
    Reported Mar 31
    		$0.59$0.47+25.53%Beat+31.1%
    Sep 20
    Reported Nov 13
    		$0.51$0.50+2.00%Beat+30.8%
    Jun 20
    Reported Aug 12
    		$0.36$0.38-5.26%Miss-12.2%
    Mar 20
    Reported May 13
    		$0.56$0.59-5.08%Miss-21.1%
    Dec 19
    Reported Feb 18
    		$0.45$0.47-4.26%Miss-16.7%
    Sep 19
    Reported Nov 8
    		$0.39$0.48-18.75%Miss-36.1%
    Jun 19
    Reported Aug 12
    		$0.41$0.40+2.50%Beat+10.8%
    Mar 19
    Reported May 10
    		$0.71$0.63+12.70%Beat+4.4%
    Dec 18
    Reported Mar 31
    		$0.54$0.51+5.88%Beat+5.9%
    Sep 18
    Reported Nov 8
    		$0.61$0.53+15.09%Beat+41.9%
    Jun 18
    Reported Aug 9
    		$0.37$0.43-13.95%Miss-14.0%
    Mar 18
    Reported May 10
    		$0.68$0.63+7.94%Beat+28.3%
    Dec 17
    Reported Mar 31
    		$0.51$0.48+6.25%Beat+30.8%
    Sep 17
    Reported Nov 10
    		$0.43$0.57-24.56%Miss-
    Jun 17
    Reported Aug 10
    		$0.43$0.41+4.88%Beat-
    Mar 17
    Reported May 11
    		$0.53$0.54-1.85%Miss-
    Dec 16
    Reported Mar 31
    		$0.39$0.44-11.36%Miss-

    Dividends

    Dividend Metrics

    Forward Yield4.40%
    Forward Annual Dividend$2.07
    Payout Ratio51.68%
    Pay MonthsJan, May, Aug, Oct, Nov
    EMA dividend history and ex-dividend datesRun EMA in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio25.93EV/EBITDA13.26x
    Price/FCF-17.84xFCF Yield-5.61%
    Profitability
    Profit Margin11.60%Operating Margin17.80%
    ROE7.56%ROIC4.92%
    Financial Health
    Debt/Equity1.54xInterest Coverage1.76x
    Current Ratio0.73xQuick Ratio0.59x
    Trading Statistics
    Beta0.42Avg Volume741.01K
    52-Week High$54.9552-Week Low$45.27

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$46.54
    SMA 20$47.35
    SMA 50$49.18
    SMA 200$50.21
    EMA 10$46.68
    EMA 20$47.31
    EMA 50$48.78
    EMA 200$49.40

    MACD

    Line: -0.88Signal: -0.93Hist: 0.05

    ADX

    ADX: 41.9+DI: 22.4-DI: 28.7

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down84.0
    PSAR$45.27

    Bollinger Bands

    Upper Band$49.58
    Lower Band$45.13
    %B Position941%(Upper)
    Band Width0.43

    RSI (14-Day)

    Neutral
    43.0

    Momentum Oscillators

    Stoch %K42.2
    Stoch %D28.1
    Williams %R-41.7
    ROC (10d)-1.3%
    Momentum-0.61
    CCI (20d)-7.2
    MFI (14d)30.3

    Volatility Measures

    ATR (14d)$0.83(1.8%)
    StdDev (20d)1.11
    Hist Vol16.8%(Low)

    Volume Flow

    VWAP$47.26
    OBV-834.4K
    AD Line-372.5M
    CMF (20d)-0.091

    Volume Metrics

    Avg Vol (20d)792.4K
    Vol Ratio0.8x
    VWMA (20d)$46.67

    Pivot Points

    R3$49.18
    R2$48.11
    R1$47.54
    Pivot Point$46.47
    S1$45.89
    S2$44.82
    S3$44.25

    Advanced Oscillators

    TSI-36.46
    Ultimate Osc49.2
    KST-60.64

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.98B$2.48B$2.02B$2.11B$1.99B$2.68B$1.76B$1.80B$1.62B$2.02B$1.97B$1.74B
    Cost of Revenue$1.51B$1.72B$1.68B$1.18B$1.18B$1.31B$1.11B$962.00M$1.03B$1.19B$1.09B$1.08B
    Gross Profit$464.20M$756.95M$334.73M$928.00M$807.00M$1.36B$652.00M$840.00M$587.00M$826.00M$884.00M$655.00M
    Operating Expenses$133.06M$130.34M$121.90M$448.00M$512.00M$438.00M$413.00M$624.00M$399.00M$389.00M$379.00M$383.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$9.00M$0$0$0
    Operating Income$331.14M$626.62M$212.83M$480.00M$295.00M$925.00M$239.00M$216.00M$188.00M$437.00M$505.00M$272.00M
    Interest Income$6.00M$0$9.00M$8.00M$10.00M$0$5.00M$9.00M$4.00M$3.00M$0$0
    Interest Expense$274.12M$271.70M$267.78M$260.00M$249.00M$255.00M$250.00M$241.00M$243.00M$249.00M$241.00M$235.00M
    Income Before Tax$99.04M$712.84M$51.96M$254.00M$145.00M$720.00M$-26,000,000$14.00M$168.00M$253.00M$358.00M$84.00M
    Income Tax Expense$-25,010,832$129.33M$-34,971,477$6.00M$-9,000,000$119.00M$-199,000,000$-9,000,000$21.00M$28.00M$51.00M$-34,000,000
    Net Income$124.05M$583.50M$86.93M$247.00M$154.00M$601.00M$173.00M$22.00M$147.00M$225.00M$307.00M$117.00M
    EBITDA$667.29M$1.23B$654.47M$578.00M$696.00M$1.30B$591.00M$728.00M$490.00M$788.00M$831.00M$535.00M
    EBIT$331.14M$984.54M$319.74M$254.00M$378.00M$975.00M$304.00M$429.00M$197.00M$502.00M$565.00M$263.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $9.32M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    640.8%
    Active Awards
    24
    New Awards (TTM)
    4
    Avg Remaining Term
    365.2 mo

    Top agency: General Services Administration at 88.5% of trailing twelve month obligations across 5 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    75H71026F80023Department of Health and Human ServicesIndian Health Service$270000Jan 30, 2026
    140A2325F0135Department of the InteriorBureau of Indian Affairs and Bureau of Indian Education$120000Aug 9, 2025
    15B31026P00000012Department of JusticeFederal Prison System / Bureau of Prisons$57409Oct 1, 2025
    140A2326F0013Department of the InteriorBureau of Indian Affairs and Bureau of Indian Education$5000Dec 12, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    National Bank lifts target for Emera stock to CAD 74.00

    National Bank Financial has increased its target price for Emera stock from CAD 73.00 to CAD 74.00, maintaining a sector perform rating. This adjustment follows Emera's report of CAD 2.01 billion in second-quarter...

    ad-hoc-news.de•10/15/26•Somewhat-Bullish

    Emera Inc. stock falls Thursday, underperforms market

    Emera Inc. (EMA) stock declined by 0.27% to C$66.79 on Thursday, underperforming the broader Canadian market as the S&P/TSX Composite Index rose by 1.55%. The stock closed 14.4% below its 52-week high of C$77.99...

    MarketWatch•10/15/26•Bearish

    Why Is Emera (NYSE:EMA) Worth Examining Against the S&P/TSX Composite Benchmark?

    Emera Incorporated (NYSE:EMA) reported lower second-quarter adjusted earnings due to factors like higher interest expenses and foreign exchange losses...

    Kalkine Media•10/15/26•Neutral

    Emera Incorporated (TSX:EMA) Can Its Operations Prospects Improve Over Time?

    This article examines Emera Incorporated (TSX:EMA) as a utility stock, focusing on its regulated electric and gas operations. It emphasizes evaluating the company's specific business drivers, financial resilience...

    Kalkine Media•10/14/26•Somewhat-Bullish

    Emera Inc. stock rises Wednesday, outperforms market

    Emera Inc. (EMA) stock increased by 3.06% on Wednesday, closing at C$66.97, despite a general decline in the Canadian market as the S&P/TSX Composite Index fell. The company's stock is currently 14.1% below its 52-week...

    MarketWatch•10/14/26•Bullish

    EMA Valuation and Fair Value

    P/E
    25.9x
    Forward P/E
    18.8x
    EV/EBITDA
    13.3x
    P/FCF
    -17.8x
    PEG
    2.8x
    P/B
    1.4x
    See GNG's fair value

    EMA Profitability: Margins, ROIC and FCF

    Gross margin
    28.9%
    Operating margin
    17.8%
    Net margin
    11.6%
    ROIC
    4.9%
    ROE
    7.6%
    FCF margin
    -18.2%
    FCF yield
    -5.6%

    EMA Competitors

    CompanyTicker
    Talen Energy CorporationTLN
    Brookfield Renewable Partners LPBEP
    Alliant Energy CorpLNT
    Korea Electric Power Corp ADRKEP
    Evergy, Inc.EVRG
    Pinnacle West Capital CorpPNW
    NiSource IncNI
    DBA Sempra 5.750% Junior Subordinated Notes due 2079SREA

    Sector: Utilities

    EMA Analyst Ratings

    Consensus
    Hold
    Analysts
    14
    Strong Buy
    3
    Buy
    2
    Hold
    7
    Sell
    1
    Strong Sell
    1

    EMA Bull Case vs Bear Case

    Bull case

    • EMA beat EPS estimates in 75.0% of its last 8 reported quarters.

    EMA Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    8.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.69
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 1 down

    EMA Dividend

    Forward yield
    4.4%
    Payout ratio
    51.7%
    Pay months
    Jan, May, Aug, Oct, Nov
    EMA dividend history

    Frequently Asked Questions About EMA

    What is EMA's current dividend yield?

    Emera Incorporated (EMA) has a forward dividend yield of 4.40%.

    Does EMA pay dividends?

    Yes, Emera Incorporated pays dividends with a forward dividend yield of 4.40%.

    What is EMA's P/E ratio?

    Emera Incorporated has a price-to-earnings (P/E) ratio of 25.93.

    What is EMA's market cap?

    Emera Incorporated (EMA) has a market capitalization of $14.66B with a current stock price of $47.06.

    Related stocks

    Sector: Utilities

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