| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 35 | 20.5x | 17.3x | Bottom tier | |
Growth | 21 | 4.2% | 7.1% | Bottom tier | |
Quality | 22 | 4.7% | 4.5% | Bottom tier | |
Safety | 27 | 6.9x | 2.6x | Bottom tier | |
Capital Return | 37 | 3.98% | 0.06% | Bottom tier | |
Momentum | 51 | -2.3% | -1.6% | Around median | |
Sentiment | 97 | 12 | 3 | Top tier |
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Emera Incorporated is a regulated utility company focused on electricity and gas networks in Florida, Nova Scotia, and other markets within its portfolio. Its model relies on investing capital in regulated infrastructure and then recovering costs and earning a return through regulator-approved rates; its major units include Tampa Electric, Peoples Gas, and Nova Scotia Power, along with Emera Energy. The company is streamlining its portfolio through the sale of Grand Bahama Power Company, which was completed on May 12, 2026, and the sale of New Mexico Gas to Bernhard Capital Partners following regulatory approval on July 30, 2026.
In fiscal Q2 2026, Emera reported adjusted earnings of C$212 million and adjusted earnings per share of C$0.69, down C$0.10 per share year over year. Adjusted earnings for fiscal year-to-date 2026 were approximately C$627 million, up C$12 million, while adjusted earnings per share for the year to date remained roughly flat at C$2.06. The data did not include quarterly revenue or profit margin, but the results mix showed that Peoples Gas quarterly earnings increased by more than C$14 million, contributions from the Florida Electric and Canadian Electric segments were approximately stable compared with the corresponding period, and Emera Energy quarterly earnings were in line with the prior year.
The results reflect a contrast between the impact of new rates and customer growth on one hand, and higher depreciation, interest, and operating and maintenance expenses on the other. Tampa Electric benefited from higher base rates, and Nova Scotia Power benefited from rates implemented on May 1, 2026, and customer growth, while New Mexico Gas was hurt by higher operating costs and depreciation and lower revenue. For historical comparison only, available EDGAR data for fiscal 2016 show revenue of $4.3 billion, net income of $255 million, and earnings per share of $1.32; these are old figures that do not represent current performance in fiscal 2026.
The analyst consensus on EMA is neutral, with an average price target of $52 and both the highest and lowest targets equal to $52; this target falls within the 52-week range of $45.77 to $55.49, which is $3.49 below the top of the range and $6.23 above its bottom. The data do not include a price-to-earnings ratio, so the available valuation is based on the limited analyst target and the 52-week range, balancing the targeted earnings per share growth path of 5% to 7% through 2030 against flat adjusted earnings per share for fiscal year-to-date 2026 and pressure from interest, depreciation, and dilution.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Emera generated adjusted earnings of C$212 million and adjusted earnings per share of C$0.69 in fiscal Q2 2026. Adjusted earnings per share declined by C$0.10 compared with the corresponding period. For fiscal year-to-date 2026, adjusted earnings reached C$627 million, up C$12 million, while adjusted earnings per share remained approximately flat at C$2.06.
The New Mexico Public Regulation Commission approved the sale to Bernhard Capital Partners on July 30, 2026, and the company expected it to close during August 2026. Emera expects after-tax proceeds of between US$650 million and US$700 million and intends to use them to reduce holding company debt and strengthen financial flexibility. Management expects the sale to sustainably add approximately 50 basis points to the ratio of operating cash flow before working capital to debt, supporting the goal of exceeding Moody's 12% threshold during 2026.
Emera deployed more than C$1.7 billion of capital during the first half of fiscal 2026. It is targeting a capital plan of approximately C$4 billion during fiscal 2026, which management says is the largest in the company's history. The plan is tied to a target of 7% to 8% annual regulated rate base growth through 2030 and a target of adjusted earnings per share growth within the 5% to 7% range through 2030 after exceeding that target range during 2026.
Automated analysis for informational purposes only — not investment advice.
Tampa Electric and Peoples Gas are benefiting from customer growth and new regulatory rates, and Peoples Gas earnings increased by more than C$14 million in fiscal Q2 2026. Tampa Electric is assessing large-load opportunities related to data centers as part of its system planning and evaluation. Under Senate Bill 484, the company intends to submit a tariff for large energy users to the Florida Commission by October 1, 2026, with the aim of preventing the costs of serving them from being shifted to existing customers.
Tampa Electric and Nova Scotia Power faced higher depreciation, interest, and operating and maintenance expenses, offsetting part of the impact of higher rates. New Mexico Gas was hurt by higher operating costs and depreciation and lower revenue, while the delay in Canadian Electric rates until May 1, 2026, increased regulatory lag. The stronger weighted-average Canadian dollar and the higher weighted-average number of shares also each reduced fiscal year-to-date 2026 earnings per share by C$0.05.
The analyst consensus provided in the data is neutral, with an average price target of $52. The highest and lowest targets are both $52, compared with a 52-week range of $45.77 to $55.49. The data do not include a price-to-earnings ratio, so an earnings-based comparison cannot be made, while flat adjusted earnings per share for fiscal year-to-date 2026 remains a counterbalance to the growth targets through 2030.