Streetbeat News

EMRAF

Emera Inc.

http://www.emera.com/

Employees

7,140

Industry

Electric Power Distribution

Open

38.41

Mkt cap

11B

Volume

923

High

38.41

P/E Ratio

24.46

52-wk high

40.00

Low

38.41

Div yield

0.07

52-wk low

32.00

Emera Incorporated has announced an exchange offer for $500 million of its 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054, issued by its subsidiary EUSHI Finance, Inc.

Portfolio Pulse from

December 13, 2024 | 3:00 pm

Hurricane Milton, downgraded to a Category 4 storm, is expected to impact several sectors in Florida, including regional banks, hospitals, utilities, insurance, and leisure. Analysts warn of potential financial impacts on companies like Disney, NextEra Energy, and regional banks due to the storm's effects.

Portfolio Pulse from Chris Katje

October 09, 2024 | 3:51 pm

National Bank Financial Inc analyst Patrick Kenny maintains a Sector Perform rating on Emera (OTC:EMRAF) but lowers the price target from $50 to $48.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 5:56 pm

BMO Capital analyst Ben Pham maintains an Outperform rating on Emera (OTC:EMRAF) but lowers the price target from $55 to $54.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:23 pm

Emera reported Q4 2023 adjusted EPS of C$0.76, surpassing the C$0.71 estimate but marking a 23.23% decrease from last year. Sales of C$2.018B missed the C$2.101B estimate, a 100% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 10:47 am

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