Emera Inc (TSE:EMA) – Equities researchers at Desjardins issued their Q4 2016 EPS estimates for shares of Emera in a research report issued to clients and investors on Wednesday. Desjardins analyst M. Jarvi anticipates that the firm will earn $0.55 per share for the quarter. Desjardins has a “Buy” rating and a $50.00 price objective on the stock. Desjardins also issued estimates for Emera’s FY2018 earnings at $3.11 EPS and FY2020 earnings at $3.25 EPS.

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Earnings History and Estimates for Emera (TSE:EMA)

EMA has been the topic of several other research reports. Raymond James Financial Inc. restated a “market perform” rating and set a C$51.50 target price on shares of Emera in a report on Thursday, September 22nd. National Bank Financial decreased their target price on Emera from C$54.00 to C$53.00 and set a “sector perform” rating on the stock in a report on Wednesday, November 9th. TD Securities increased their target price on Emera from C$52.00 to C$55.00 and gave the stock a “buy” rating in a report on Wednesday, November 9th. Royal Bank Of Canada restated an “outperform” rating and set a C$62.00 target price (up previously from C$60.00) on shares of Emera in a report on Tuesday, November 8th. Finally, Barclays PLC decreased their target price on Emera from C$54.00 to C$52.00 and set an “overweight” rating on the stock in a report on Thursday, November 10th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of C$54.21.

Shares of Emera (TSE:EMA) opened at 45.27 on Monday. The firm has a market cap of $9.12 billion and a P/E ratio of 20.50. Emera has a 12-month low of $41.32 and a 12-month high of $50.19. The firm’s 50-day moving average price is $45.99 and its 200 day moving average price is $47.25.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Financial Market News and is the sole property of of Financial Market News. If you are viewing this piece on another website, it was stolen and republished in violation of US & international trademark and copyright legislation. The original version of this piece can be read at http://www.financial-market-news.com/emera-inc-forecasted-to-post-q4-2016-earnings-of-0-55-per-share-ema/1209871/.

In related news, Director Christopher Huskilson bought 4,000 shares of the business’s stock in a transaction on Thursday, October 6th. The shares were purchased at an average price of C$45.70 per share, with a total value of C$182,800.00.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 15th were paid a $0.5225 dividend. This represents a $2.09 annualized dividend and a yield of 4.62%. The ex-dividend date was Friday, October 28th.

About Emera

Emera Incorporated is an energy and services company that invests in electricity generation, transmission and distribution, as well as gas transmission and utility services. The Company operates through six segments: NSPI; Emera Maine; Emera Caribbean, which includes Emera (Caribbean) Incorporated and its subsidiaries, which includes The Barbados Light & Power Company Limited, Dominica Electricity Services Ltd., Grand Bahama Power Company Limited, Emera Utility Services (Bahamas) Limited and an equity investment in St.

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