Emera Inc

EMA: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 62.00	Rmqym	Plxtynqn

Utility Valuations Look Stretched Amid Highest Inflation in Four Decades

Andrew Bischof

Jun 10, 2022

We are reaffirming our fair value estimates and moat ratings for the U.S. utilities we cover after the U.S. Bureau of Labor Statistics' Consumer Price Index, or CPI, reported 8.6% inflation for May. We continue to consider inflation to be the largest threat to utilities' long-term returns and ability to pay robust, growing dividends.

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