Emera Incorporated (EMA)
Utilities · NYQ
Price as at 30 Sept 2026, 17:46 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Emera Incorporated trades at $48.07, which is 38% above the $29.71 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 46 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 23.5 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
EMA dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.06 | 2 |
| 2025 | $1.55 | 3 |
| 2024 | $2.64 | 5 |
| 2023 | $2.06 | 4 |
| 2022 | $2.06 | 4 |
| 2021 | $2.07 | 4 |
| 2020 | $1.84 | 4 |
| 2019 | $1.80 | 4 |
| 2018 | $0.898 | 2 |
| 2017 | $1.64 | 4 |
| 2016 | $1.51 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
EMA earnings and analyst estimates
Recommendation mix, 15 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Emera Incorporated
Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
EMA passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Two Sigma, TWO SIGMA INVESTMENTS, LP$26.72M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$16.43M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$7.58M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$6.15M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$3.02M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
EMA peers
The largest companies in the same industry (Utilities - Regulated Electric), then in the same sector.
- NEE NextEra Energy, Inc.
- NGG National Grid plc
- ES Eversource Energy
- HRNNF Hydro One Limited
- EVRG Evergy, Inc.
- PNW Pinnacle West Capital Corporation
- OGE OGE Energy Corp.
- ELPC Companhia Paranaense de Energia
Every utilities company we cover is on the Utilities hub.
Common questions
Is Emera Incorporated (EMA) undervalued?
Against our fair value estimate of $29.71, EMA at $48.07 is 38% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own EMA?
6 of the institutions we track reported a position in EMA in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is EMA's P/E ratio?
EMA trades at 23.5 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Emera Incorporated (EMA) pay a dividend?
Yes. Emera Incorporated yields 3.81% at the current share price. It has paid $1.06 per share over the trailing twelve months. It has paid a dividend in each of the last 12 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its EMA data?
Fundamentals for EMA come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 17:46 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for EMA, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.