Emera Incorporated (EMA)

Emera Incorporated is a diversified energy and services company focused on electricity and natural gas. The company operates in the United States, Canada, Barbados, and the Bahamas, providing regulated utility services.

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Company Overview

CEOScott Carlyle Balfour
Employees7605
HeadquartersHalifax, NS, CA
IPO Year2010
SectorUtilities

Emera Incorporated offers investors a stable, regulated utility play with a diversified geographic footprint across North America and the Caribbean. With a solid dividend yield of 4.33% and a proven track record, Emera presents a compelling opportunity for long-term, income-focused investors seeking exposure to essential energy infrastructure.

Investment Thesis

Emera Incorporated presents a compelling investment opportunity due to its stable, regulated business model and diversified geographic presence. The company's consistent profitability, reflected in its 13.8% profit margin, and attractive dividend yield of 4.33% make it an appealing choice for income-seeking investors. Key value drivers include ongoing investments in infrastructure upgrades and renewable energy projects, which are expected to enhance operational efficiency and drive long-term growth. The company's beta of 0.51 indicates lower volatility compared to the broader market, offering a degree of downside protection. Upcoming regulatory approvals for planned capital expenditures and the increasing demand for electricity in its service territories are potential catalysts. With a P/E ratio of 18.63, Emera's valuation appears reasonable relative to its earnings potential and growth prospects. The company's commitment to sustainable energy solutions and its strong financial position further solidify its investment appeal.

Key Highlights

  • Market capitalization of $14.90 billion, indicating a substantial and stable company.
  • Profit margin of 13.8%, demonstrating strong profitability in the regulated utility sector.
  • Dividend yield of 4.33%, offering an attractive income stream for investors.
  • Beta of 0.51, suggesting lower volatility compared to the overall market.
  • Gross margin of 43.9%, reflecting efficient operations and cost management.

Competitors

Strengths

  • Diversified geographic footprint across North America and the Caribbean.
  • Stable, regulated business model with predictable revenue streams.
  • Strong financial position with consistent profitability.
  • Commitment to renewable energy and infrastructure modernization.

Weaknesses

  • Exposure to regulatory risks and changes in government policies.
  • Dependence on infrastructure investments, which can be capital-intensive.
  • Vulnerability to weather-related events and natural disasters.
  • Potential for cost overruns on large-scale projects.

Catalysts

  • Ongoing: Regulatory approvals for planned capital expenditures on infrastructure upgrades.
  • Ongoing: Increasing demand for electricity in Emera's service territories.
  • Upcoming: Potential acquisitions of smaller utilities to expand market share (timeline dependent on deal specifics).
  • Ongoing: Government incentives and policies supporting renewable energy development.
  • Ongoing: Implementation of smart grid technologies to improve grid efficiency.

Risks

  • Potential: Changes in regulatory policies that could impact profitability.
  • Potential: Weather-related events and natural disasters that could disrupt operations.
  • Potential: Rising interest rates that could increase borrowing costs.
  • Ongoing: Cybersecurity threats to critical infrastructure.
  • Potential: Delays or cost overruns on large-scale infrastructure projects.

Growth Opportunities

  • Expansion of Renewable Energy Portfolio: Emera is actively investing in renewable energy projects, including solar and wind farms, to reduce its carbon footprint and meet growing demand for clean energy. This aligns with global trends towards decarbonization and positions Emera to benefit from government incentives and increasing customer preference for renewable energy. The market for renewable energy is projected to reach trillions of dollars by 2030, offering substantial growth potential for Emera.
  • Infrastructure Modernization: Emera is undertaking significant investments to modernize its existing infrastructure, including upgrading transmission lines and distribution networks. These investments will improve grid reliability, reduce energy losses, and enhance operational efficiency. Government regulations and incentives are driving this modernization effort, creating a stable and predictable investment environment for Emera. These upgrades are expected to be completed by 2028.
  • Geographic Expansion: Emera has the opportunity to expand its operations into new geographic markets, both within North America and internationally. This could involve acquiring existing utilities or developing new energy infrastructure projects. Expanding into high-growth regions with increasing electricity demand could significantly boost Emera's revenue and earnings. The timeline for geographic expansion will depend on regulatory approvals and market conditions, but the potential is significant.
  • Smart Grid Technologies: Investing in smart grid technologies, such as advanced metering infrastructure (AMI) and grid automation systems, can improve grid management and enhance customer service. These technologies enable real-time monitoring of energy consumption, reduce outage times, and facilitate the integration of distributed energy resources. The market for smart grid technologies is growing rapidly, driven by the need for more efficient and reliable energy delivery. Emera's investments in this area are expected to yield long-term benefits.
  • Natural Gas Infrastructure Development: Emera's involvement in natural gas transmission, distribution, and sale provides another avenue for growth. As natural gas continues to play a vital role in the energy mix, particularly as a transition fuel, Emera can capitalize on opportunities to expand its natural gas infrastructure. This includes building new pipelines, upgrading existing facilities, and developing new natural gas storage capacity. These projects are expected to contribute to Emera's revenue and earnings growth over the next decade.

Opportunities

  • Expansion into new geographic markets with growing electricity demand.
  • Investments in smart grid technologies to improve grid management.
  • Development of new renewable energy projects to meet decarbonization goals.
  • Acquisition of smaller utilities to expand market share.

Threats

  • Increasing competition from alternative energy sources.
  • Rising interest rates, which could increase borrowing costs.
  • Economic downturns, which could reduce electricity demand.
  • Cybersecurity threats to critical infrastructure.

Competitive Advantages

  • Regulated utility status provides a protected market with limited competition.
  • Significant infrastructure investments create high barriers to entry for new competitors.
  • Diversified geographic footprint reduces reliance on any single market or regulatory environment.
  • Long-term contracts with regulatory frameworks ensure stable revenue streams.

About

Emera Incorporated, established in 1998 and headquartered in Halifax, Canada, is a prominent energy and services company with a strategic focus on the generation, transmission, and distribution of electricity. The company's operations span across North America and the Caribbean, including the United States, Canada, Barbados, and the Bahamas. Emera operates through several key segments: Florida Electric Utility, which includes Tampa Electric; Canadian Electric Utilities, encompassing Nova Scotia Power; Gas Utilities and Infrastructure; and Other Electric Utilities. These segments reflect Emera's diversified approach to serving its customer base with reliable energy solutions. Emera's evolution has been marked by strategic acquisitions and organic growth, solidifying its position as a key player in the regulated utility sector. The company's commitment to infrastructure investments ensures the delivery of safe, reliable, and cost-effective energy to its customers. Beyond electricity, Emera is also involved in the purchase, transmission, distribution, and sale of natural gas, further diversifying its revenue streams and service offerings. With a workforce of 7605 employees, Emera continues to expand its footprint and enhance its operational efficiency, driving long-term value for its shareholders.

What They Do

  • Generates electricity through various sources, including fossil fuels and renewable energy.
  • Transmits electricity over high-voltage transmission lines to distribution networks.
  • Distributes electricity to residential, commercial, and industrial customers.
  • Purchases, transmits, distributes, and sells natural gas.
  • Engages in physical energy marketing, trading, and other energy asset management activities.
  • Invests in energy infrastructure projects to enhance reliability and efficiency.
  • Provides regulated utility services in the United States, Canada, Barbados, and the Bahamas.

Business Model

  • Generates revenue through regulated electricity and natural gas distribution.
  • Invests in infrastructure assets to provide reliable energy services.
  • Operates under long-term contracts with regulatory frameworks that allow for cost recovery and a reasonable rate of return.
  • Focuses on operational efficiency and cost management to maximize profitability.

Industry Context

Emera operates within the regulated electric utility industry, a sector characterized by stable demand and regulated pricing. The industry is undergoing a significant transformation driven by the increasing adoption of renewable energy sources and the modernization of aging infrastructure. Companies like CMS Energy (CMS), Evergy (EVRG), and IDACORP (IDA) are also navigating these trends. Emera's diversified geographic footprint and investments in renewable energy position it favorably within this evolving landscape. The market for regulated utilities is expected to grow steadily, driven by increasing electricity demand and the need for grid modernization, presenting long-term growth opportunities for Emera.

Key Customers

  • Residential customers who rely on electricity and natural gas for heating, cooling, and lighting.
  • Commercial customers, including businesses and institutions, that require electricity and natural gas for their operations.
  • Industrial customers, such as manufacturing plants and factories, that consume large amounts of energy.
  • Other utilities and energy providers that purchase electricity and natural gas from Emera.
AI Confidence: 73% Updated: 2/8/2026

Financials

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q3 2025 $2.11B $247M $0.82
Q2 2025 $1.99B $154M $0.51
Q1 2025 $2.68B $601M $2.02
Q4 2024 $1.76B $173M $0.58

Source: Company filings

Chart & Info

Price Chart

Emera Incorporated (EMA) stock price: $48.68 (-0.55, -1.12%)

Why Bull

  • •Emera's recent insider buying suggests confidence from those who know the company best. This is often a strong signal, like executives loading up on Apple before a product launch.
  • •Community sentiment seems to be leaning bullish, with many seeing Emera as a stable, long-term play. This echoes the Warren Buffett approach of investing in solid, reliable businesses.
  • •The market perception of Emera is generally positive, viewing it as a dependable utility company. Similar to how investors flocked to consumer staples during the 2008 crisis, Emera offers a sense of security.
  • •Recent developments indicate Emera is expanding its renewable energy portfolio, aligning with growing environmental awareness. This is akin to Tesla's early move into electric vehicles, positioning them for future growth.

Why Bear

  • •Some insiders have been selling shares recently, which could signal concerns about the company's future performance. This is a potential red flag, similar to executives selling off Enron stock before its collapse.
  • •Community sentiment also reveals worries about regulatory hurdles impacting Emera's operations. This is reminiscent of pharmaceutical companies facing FDA approval delays, creating uncertainty.
  • •Market perception includes concerns about rising interest rates affecting Emera's debt and profitability. This is akin to how higher rates impacted housing affordability during the 2008 crisis.
  • •Recent market developments indicate potential competition from alternative energy sources, which could erode Emera's market share. This is similar to how streaming services challenged traditional cable companies.

Latest News

Technical Analysis

RSI(14)
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MACD
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Volume
167,977

Rationale

AI-generated technical analysis for EMA including trend direction, momentum, and pattern recognition.

What to Watch

Key support and resistance levels, volume signals, and upcoming events.

Risk Management

Position sizing, stop-loss levels, and risk-reward assessment.

Community

Discussion

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Sentiment

Community sentiment and discussion activity for EMA.

Make a Prediction

Set your price target for Emera Incorporated (EMA), choose a timeframe, and track your prediction accuracy.

Current price: $48.68

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EMA.

Price Targets

Wall Street price target analysis for EMA.

Insider Flow (30d)

No insider trades in the last 30 days.

MoonshotScore

42.5/100

Score Factors

  • Revenue Growth 2/100

    Revenue declined -4.8% YoY, signaling shrinking demand or market headwinds.

  • Gross Margin 8/100

    Gross margin at 43.9% indicates good unit economics and healthy profitability per sale.

  • Operating Leverage 4/100

    Limited operating leverage due to slower revenue growth, keeping profit scaling constrained.

  • Cash Runway 5/100

    Cash position data is currently unavailable for this company.

  • R&D Intensity 5/100

    R&D spending data is currently unavailable for this company.

  • Insider Activity 6/100

    No significant insider buying or selling recently, which is neutral for the stock outlook.

  • Short Interest 5/100

    Float and volume data unavailable for liquidity analysis.

  • Price Momentum 0/100

    No bullish technical signals detected. The stock lacks upward price momentum currently.

  • News Sentiment 5/100

    No sentiment data available

What does this score mean?

The MoonshotScore rates EMA's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Frequently Asked Questions

What does Emera Incorporated do?

Emera Incorporated is a diversified energy and services company that generates, transmits, and distributes electricity and natural gas. The company operates in the United States, Canada, Barbados, and the Bahamas, providing regulated utility services to residential, commercial, and industrial customers. Emera invests in energy infrastructure projects to enhance reliability, efficiency, and sustainability. Its business model focuses on regulated operations, ensuring stable revenue streams and long-term growth potential through infrastructure investments and renewable energy initiatives.

Is EMA stock a good buy?

EMA stock may be a good buy for investors seeking stable income and long-term growth potential. The company's regulated business model provides predictable revenue streams, and its dividend yield of 4.33% offers an attractive income stream. With a P/E ratio of 18.63, the stock's valuation appears reasonable. However, investors should consider potential risks, such as regulatory changes and weather-related events. Overall, Emera's commitment to renewable energy and infrastructure modernization positions it favorably for long-term success.

What are the main risks for EMA?

The main risks for Emera include regulatory changes that could impact profitability, weather-related events that could disrupt operations, and rising interest rates that could increase borrowing costs. Cybersecurity threats to critical infrastructure also pose a significant risk. Additionally, delays or cost overruns on large-scale infrastructure projects could negatively impact financial performance. Investors should carefully consider these risks before investing in EMA stock, as they could affect the company's future earnings and growth prospects.

Is EMA a good stock to buy?

Whether EMA is a good investment depends on your financial goals, risk tolerance, and investment horizon. Key factors to evaluate include the company's revenue growth trajectory, profit margins, debt-to-equity ratio, competitive moat, and valuation multiples (P/E, P/S, EV/EBITDA) relative to industry peers. Our AI-generated Investment Thesis and SWOT analysis on this page provide a data-driven starting point. Always do your own research and consider consulting a financial advisor before making investment decisions.

What is the EMA MoonshotScore?

The MoonshotScore for EMA is an AI-powered rating from 0 to 100 that evaluates a stock across four dimensions: growth potential (revenue and earnings trajectory), financial health (balance sheet strength, cash flow), market momentum (price trends, volume patterns, institutional flows), and risk factors (volatility, debt levels, sector headwinds). Scores above 70 indicate strong potential, 50-70 moderate, and below 50 suggests caution. The score is recalculated daily using the latest financial data and market signals.

How often is EMA data updated?

EMA stock prices are updated in real-time during U.S. market hours (9:30 AM - 4:00 PM ET, Monday through Friday). After-hours and pre-market prices are also tracked. Company fundamentals (earnings, revenue, balance sheet) are refreshed when new quarterly or annual reports are filed. Analyst ratings, price targets, and AI-generated insights are updated daily. Breaking news related to EMA is aggregated continuously from premium financial news sources throughout the day.

What are the growth catalysts for EMA?

Growth catalysts for Emera Incorporated (EMA) can include several categories: product catalysts (new launches, FDA approvals, patent grants), financial catalysts (earnings beats, margin expansion, share buybacks), strategic catalysts (acquisitions, partnerships, market expansion into new regions), and macro catalysts (favorable regulation, industry tailwinds, secular growth trends). Our AI analyzes Emera Incorporated's specific catalysts using earnings transcripts, SEC filings, and news sentiment to identify the most impactful near-term and long-term drivers.

Who are EMA's main competitors?

Emera Incorporated (EMA) competes with companies in its industry that target similar customers, markets, or product categories. Competitor analysis involves comparing key metrics: market share, revenue growth rates, profit margins, R&D spending, and valuation multiples. Understanding competitive positioning helps investors assess whether EMA has a sustainable competitive advantage (moat) through brand strength, network effects, cost leadership, or switching costs. Our Competitors section provides a side-by-side comparison with relevant peers.

What do analysts say about EMA?

Wall Street analyst coverage for EMA includes consensus ratings (buy, hold, or sell), 12-month price targets, and earnings estimates. Analyst opinions are aggregated from major investment banks and research firms. Key metrics to watch include the consensus price target (average, high, and low estimates), the number of analysts covering the stock, any recent rating changes (upgrades or downgrades), and how actual earnings compare to analyst estimates (beat or miss history). Our platform aggregates these from multiple data providers for a comprehensive view.

What is EMA's market cap?

Market capitalization (market cap) for EMA is calculated by multiplying the current share price by the total number of outstanding shares. It represents the market's total valuation of the company. Stocks are typically categorized as mega-cap ($200B+), large-cap ($10B-$200B), mid-cap ($2B-$10B), small-cap ($300M-$2B), or micro-cap (under $300M). Market cap influences index inclusion, institutional ownership eligibility, and risk profile. Our Key Statistics section shows EMA's current market cap alongside enterprise value and other valuation metrics.

How has EMA stock performed recently?

EMA's recent stock performance can be evaluated across multiple timeframes: daily price changes, week-over-week momentum, monthly trends, and year-to-date returns. Important performance indicators include the stock's 52-week high and low, moving averages (50-day and 200-day SMA), relative strength index (RSI), and volume trends. Comparing EMA's performance against its sector index and the S&P 500 provides context on whether it is outperforming or underperforming the broader market.

What are the risks of investing in EMA?

Key risk categories for EMA include: market risk (overall market downturns affecting stock prices), company-specific risk (management changes, product failures, competitive threats), financial risk (high debt levels, cash burn, dilution from stock issuance), regulatory risk (government policy changes, lawsuits, compliance issues), and macroeconomic risk (interest rate changes, inflation, currency fluctuations). Beta measures EMA's volatility relative to the market - a beta above 1.0 means higher volatility than the S&P 500. Our AI-generated risk assessment identifies the most relevant risk factors for this specific stock.

Are insiders buying or selling EMA?

Insider trading activity for EMA tracks purchases and sales by company executives, directors, and major shareholders (10%+ owners) as reported in SEC Form 4 filings. Insider buying is generally considered a bullish signal because insiders have the deepest knowledge of company operations, while selling may have various motivations (diversification, tax planning, pre-planned 10b5-1 trading plans). Key metrics include the buy-to-sell ratio, total dollar value of insider transactions, and whether multiple insiders are trading in the same direction. Our Insider Flow tab shows recent transactions with dates and dollar amounts.

Is EMA a good stock for beginners?

Emera Incorporated (EMA) can be suitable for beginner investors depending on several factors. Look at the MoonshotScore on this page for an overall AI-powered assessment of growth potential and risk. Beginners should also check the company's market cap (larger companies tend to be less volatile), gross margin (higher margins mean stronger business fundamentals), and cash position (healthy cash reduces bankruptcy risk). Always start with a small position size and never invest money you cannot afford to lose.

How risky is EMA for first-time investors?

Every stock carries risk, including Emera Incorporated (EMA). First-time investors should review the Risk Factors section on this page for company-specific risks. Key risk indicators include price volatility (check the chart for daily swings), insider selling activity (see Insider Flow tab), and cash runway (see MoonshotScore breakdown). A diversified portfolio with an index fund like the S&P 500 as a core holding is generally recommended before adding individual stocks like EMA.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Data provided for informational purposes only.

AI Analysis Notes
  • Information is based on publicly available sources and may be subject to change.
  • Investment decisions should be based on individual risk tolerance and financial circumstances.
Data Sources
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