Emera Inc
Emera Inc (EMA) is listed on NYSE and classified in Utilities - Regulated Electric, part of the Utilities sector. It is headquartered in Halifax, Canada and has 7,812 employees. The company is worth $14.66B and trades at 20.8x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was CA$8.78B in fiscal 2025, up 21.9% from the year before. Net income was CA$1.09B. The share price is 14.0% below its 52-week high of $55.49. It pays a dividend yielding 4.38%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $26.72M. In that quarter, 2 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in CAD, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +3.8% over 5Y.
today you would have $1,285.98▲ +28.6%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $49.24 | $37.38 | $37.79 | $38.51 | |
| EPS | CA$3.38 | CA$1.71 | CA$3.57 | CA$3.55 | |
| Dividend yield | 5.41% | 3.14% | 7.05% | 5.46% | 5.35% |
| Profit margin | 12.85% | 12.41% | 7.88% | 13.80% | 13.28% |
| ROE | 8.39% | 8.14% | 4.27% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 4.4% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BEPBrookfield Renewable Partners L.P. | $28.40 | — | 2.3x | 5.53% | 0.40% | $13.82B |
| TLNTalen Energy Corp | $331.42 | — | 9.8x | 0.00% | -12.82% | $15.68B |
| KEPKorea Electric Power Corp | $10.63 | 2.5x | 0.4x | 4.89% | 16.59% | $13.65B |
| PNWPinnacle West Capital Corp | $106.61 |
| 8.65% |
| 8.82% |
This company reports in CAD, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by CAD, so they are not shown; EPS is in CAD. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
+47.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 19.9x |
| 1.8x |
| 3.41% |
| 9.37% |
| $12.92B |
| WTRGEssential Utilities, Inc. | $43.30 | 20.8x | 1.8x | 3.33% | 8.08% | $12.28B |
| LNTAlliant Energy Corp | $70.30 | 22.2x | 2.4x | 3.04% | 11.13% | $18.23B |