MAR 25·MarketBeat▲
Emera (TSE:EMA) Shares Pass Above Two Hundred Day Moving Average - Here's What Happened
Emera (TSE:EMA) shares have recently crossed above their 200-day moving average, trading as high as C$70.39 and closing at C$69.60. This movement follows several analyst price target increases in February, leading to a consensus "Moderate Buy" rating with an average target of C$73.31. The company reported EPS of C$1.48 on C$2.01 billion revenue in its last quarter, though it carries a high debt-to-equity ratio.
FEB 23·Business Wire▲
Emera Reports 2025 Fourth Quarter Financial and Annual Financial Results, Extends Growth Target
Emera Inc. reported record annual adjusted earnings per share of $3.49 for 2025, a 19% increase year-over-year, and exceeded $1 billion in annual adjusted net income for the first time. The company executed its largest ever annual capital plan of $3.6 billion, resulting in 8% rate base growth, and extended its average adjusted EPS growth target of 5-7% through 2030. The financial results were driven by increased earnings at Tampa Electric, Emera Energy Services, and New Mexico Gas Company, despite some offsetting factors.