Emera: Combination With Canadian Utilities to Diversify Operations Away From Florida
Emera and Canadian Utilities announced a merger of equals, which would form a utility with a combined CAD 72 billion enterprise value and CAD 45 billion rate base.
Emera Inc EMA
Bulls Say, Bears Say
Bulls
The move toward regulated operations drives rate base and earnings growth certainty.
Bears
The company's aggressive investment plan increases regulatory risk, particularly in Nova Scotia.
News
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Emera Declares Quarterly Dividends
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Emera Teleconference on November 6 to Discuss Q3 2026 Results and 2027-2031 Capital Plan
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Emera, ATCO and Canadian Utilities Announce Transformational Agreement to Create Canadian Utility and Energy Infrastructure Powerhouse
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Emera Announces Increase in Common Dividend
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Bernhard Capital Partners Completes Acquisition of New Mexico Gas Company
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Emera Completes Sale of New Mexico Gas Company
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Emera Reports 2026 Second Quarter Financial Results
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Final Approval Received for Emera’s Sale of New Mexico Gas Company
Trading Information
- Previous Close Price
- CA$64.98
- Day Range
- CA$64.78–67.00
- 52-Week Range
- CA$64.62–77.99
- Bid/Ask
- CA$66.60 / CA$67.35
- Shares Outstanding
- 307.15M
- Market Cap
- CA$20.57B
- Volume/Avg
- 5M / 1M
Key Statistics
- Price/Earnings (Normalized)
- 18.62
- Price/Sales
- 2.21
- Dividend Yield (Trailing)
- 4.38%
- Dividend Yield (Forward)
- 4.42%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 4.51%
Company Profile
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 in Canada and Florida.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Mid Core
- Total Number of Employees
- 7,800
- Website
- https://www.emera.com
Competitors
Valuation
|
Metric
|
EMA
|
DUK
|
FTS
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.62 | 17.72 | 22.06 |
Price/Book Value | 1.54 | 1.71 | 1.66 |
Price/Sales | 2.21 | 2.77 | 3.15 |
Price/Cash Flow | 7.40 | 6.93 | 8.97 |
Price/Earnings
EMA
DUK
FTS
Financial Strength
|
Metric
|
EMA
|
DUK
|
FTS
|
|---|---|---|---|
Quick Ratio | 0.34 | 0.26 | 0.30 |
Current Ratio | 0.73 | 0.66 | 0.56 |
Interest Coverage | 2.03 | 2.63 | 2.54 |
Quick Ratio
EMA
DUK
FTS
Profitability
|
Metric
|
EMA
|
DUK
|
FTS
|
|---|---|---|---|
Return on Assets (Normalized) | 2.34% | 2.27% | 2.66% |
Return on Equity (Normalized) | 8.60% | 8.59% | 8.87% |
Return on Invested Capital (Normalized) | 5.71% | 5.30% | 5.27% |
Return on Assets
EMA
DUK
FTS
Utilities - Regulated Electric Industry Comparables
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United States