Streetbeat News

EMRAF

Emera Inc.

http://www.emera.com/

Employees

7,140

Industry

Electric Power Distribution

Open

41.55

Mkt cap

12B

Volume

200

High

41.93

P/E Ratio

34.94

52-wk high

41.93

Low

41.16

Div yield

0.06

52-wk low

32.00

Emera Incorporated (OTCPK:EMRAF) held its Q4 2024 earnings call on February 21, 2025. Key participants included company executives and analysts from major financial institutions.

Portfolio Pulse from

February 21, 2025 | 6:00 pm

Emera reported a 33% increase in Q4 2024 adjusted EPS to $0.84, driven by strong performance in regulated utilities, despite lower contributions from the Labrador Island Link due to its sale. Full-year adjusted EPS was $2.94.

Portfolio Pulse from

February 21, 2025 | 11:15 am

Emera will release its Q4 2024 results on February 21, 2025, and host a teleconference to discuss the results.

Portfolio Pulse from

January 20, 2025 | 5:30 pm

Emera Incorporated announced the expiration and settlement of its exchange offer for $500 million of 7.625% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2054. The offer expired on January 13, 2025.

Portfolio Pulse from

January 17, 2025 | 7:30 pm

Emera Incorporated announced the dividend rates for its Series F and Series G First Preferred Shares. The Series F Shares will have a rate of 5.749% per annum.

Portfolio Pulse from

January 16, 2025 | 8:45 pm

Emera Inc. has declared quarterly dividends for its common and preferred shares, payable on February 14, 2025, to shareholders of record as of January 31, 2025.

Portfolio Pulse from

January 13, 2025 | 8:30 pm

Emera Incorporated announced it will not redeem its Cumulative Rate Reset First Preferred Shares, Series F, on February 15, 2025. There are 8 million Series F Shares outstanding.

Portfolio Pulse from

January 08, 2025 | 6:45 pm

Emera, a utility company, has underperformed the S&P 500 but offers a 5.3% dividend yield and expects 5%-7% EPS growth. It targets an annual return of about 10% with a $20 billion capital plan. However, its high debt load poses risks, especially if interest rates rise.

Portfolio Pulse from

December 18, 2024 | 9:30 am

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

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