Emera Inc. (EMA) Maintains Strong Outlook with TD Securities' "Buy" Rating
Financial Modeling Prep·2026-02-25 00:12

Core Viewpoint - Emera Inc. has demonstrated strong financial performance in 2025, leading to a positive outlook from TD Securities, which maintains a "Buy" rating and raises the price target for the stock. Group 1: Financial Performance - Emera reported its strongest year ever in 2025, driven by record capital deployment and robust performance at Tampa Electric [2][5] - The company safely deployed a record CAD 3.6 billion in capital in 2025, resulting in approximately 8% growth in the rate base compared to 2024 [3] - Emera achieved over CAD 1 billion in annual adjusted net income for the first time, with an adjusted EPS of CAD 3.49, marking a 19% year-over-year increase [3] Group 2: Market Position and Stock Performance - Emera competes with other energy firms like Fortis Inc. and Hydro One, and has a market capitalization of approximately CAD 15.26 billion [1][4] - Despite a slight decrease in stock price to $50.57, the company has seen a high of $52.15 and a low of $39.19 over the past year [4] - TD Securities has raised the price target for Emera from C$74 to C$75, reflecting confidence in the company's growth momentum entering 2026 [5]