NYSE: EMA

Emera (EMA) Stock Analysis & Forecast

Sep 28 close

$47.76+0.03 (+0.1%)

Gekko Brief

AI summary

This week's coverage centers on Emera's completed exit from New Mexico Gas Company, sold to Bernhard Capital Partners, which reshapes the earnings mix toward regulated utility operations in Florida and Atlantic Canada. Adjusted EPS for 2025 held nearly flat at USD 2.06, with commentary noting that Q2 2026 adjusted EPS declined due to higher interest expenses and currency losses even as the company invests USD 4 billion in capital in 2026 toward grid upgrades and infrastructure modernization. Separately, brokerages covering the stock have set a consensus rating of "Moderate Buy" from nine analysts.

Shares closed at $47.76, down and below both the 50-day average of $51.00 and the 200-day average of $51.31, with the stock off 4.5% over one month and 10.4% over three months, though up 2% over one year. The GekkoIndex reads 70.3, placing the stock in the Buying zone, while price sits 14.1% below Gekko Fair Value of $55.60.

Over the next 20 trading days, the next earnings report is scheduled for 6 November 2026, before the open, falling outside that window. No insider, Congress, or unusual options activity appears in their respective windows. Seasonality from this point in the calendar has averaged -2.7% over the next 20 trading days across 5 years, rising in 2 of them, a pattern worth noting alongside the consensus target of $62.50 from analysts.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Emera price vs fair value

$55.60$47.76Sep ’25Mar ’26Sep ’26
Close $47.76200-day averageGekko Fair Value $55.60

Emera quick facts

Market cap
$14.61B
P/E ratio
21.5
Forward P/E
18.8
EPS, TTM
$2.22
Revenue, TTM
$8.94B
Profit margin
11.6%
Dividend yield
6.12%
Beta
0.43
Volume
251,681 avg 259,180
1-year return
+2.0%
Typical daily move
±1.5%
Typical 20-day move
±3.2%
50-day average
$51.00
200-day average
$51.31
Next earnings
Nov 6 before open
Shares outstanding
307.2M
52-week range
$46.78$55.49

Emera swing-trade checklist

Emera scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive0 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $47.76 is below the 50-day ($51.00) and 200-day ($51.31) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    70.3, Buying

    Reading 70.3 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    14.1% below

    Price is 14.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 38 days

    Next report Nov 6, 2026, 38 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −2.7% on average

    From this point in the calendar, the next 20 trading days averaged −2.7% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Emera stock chart and price history

Emera closed at $47.76 on Sep 28, 2026, +2.0% over the past year, inside a 52-week range of $46.78 to $55.49.

Close50-day average200-day averageVolume
Emera share price, past year, with 50-day and 200-day moving averages and volume$45$50$55NovDecJan 2026FebMarAprMayJunJulAugSep47.76

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−4.5%
3 months
−10.4%
6 months
−7.0%
1 year
+2.0%
The full EMA chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open EMA in Gekko

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About Emera

Emera provides electricity and related energy services, with activities spanning generation, transmission and distribution of power across the United States, Canada, Barbados and the Bahamas. Its work also extends into natural gas, covering its purchase, movement, distribution and sale, alongside broader energy marketing and trading functions. The company is best known for this combination of electric utility operations paired with gas and energy management activities.

The business is structured into several segments, including Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and a further Other category. This structure reflects a mix of regulated electric utility operations alongside gas infrastructure and energy trading activities, which together generate its revenue.

Emera was incorporated in 1998 and is headquartered in Halifax, Canada. Its shares trade on the NYSE under the ticker EMA.

Listed
NYSE
Sector
Utilities
Industry
Electric utilities
Website
emera.com

Emera GekkoIndex: the smart money zone

Emera’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.3, in the Buying zone, up 4.2 points over five sessions.

010070.3Buying

Up 4.2 points over five sessions, from the Accumulation zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)23+0.1%−0.3%+1.5%−2.1%
Accumulation187+0.6%+1.2%+1.8%+5.2%
Neutral353+0.3%+0.4%+1.0%+2.9%
Distribution52−1.0%−0.4%0.0%+3.5%
Selling2Too few readings yet

Average EMA share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the EMA price, zone by zone.Track EMA in Gekko

Is Emera stock overvalued? Gekko Fair Value

Emera trades 14.1% below Gekko Fair Value of $55.60, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Emera shares are worth, recalculated every trading day.

$55.60

Gekko Fair Value, Sep 29, 2026

14.1% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open EMA in Gekko

Emera insider and Congress trading

No open-market insider purchases were filed for Emera, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for EMA in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every EMA insider filing, plotted on the chart in Gekko.Open EMA in Gekko

Congress trades last 90 days

No trades in EMA were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for EMA, plotted on the chart in Gekko.Open EMA in Gekko

Emera earnings: next date and track record

Emera reports on Nov 6, 2026, before the open (38 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±1.1%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+1.6%Nov ’24+0.4%Feb ’25−0.7%May ’25+3.2%Aug ’25+0.1%Nov ’25−0.6%Feb ’26+0.1%May ’26−1.7%Aug ’26

Last earnings call, Aug 7, 2026 AI summary

What they said
Emera reported Q2 2026 adjusted EPS of $0.69, bringing year-to-date adjusted EPS to $2.06, consistent with prior year performance. The New Mexico Public Regulation Commission approved the sale of New Mexico Gas to Bernhard Capital Partners, expected to generate USD $650-700M in after-tax proceeds used to reduce holding company debt. Growth is driven by Florida utilities Tampa Electric and Peoples Gas, benefiting from strong population and economic expansion. Over $1.7B was deployed in utility infrastructure in H1 2026.
Guidance
Emera remains on track to deliver compound annual adjusted EPS growth above its 5%-7% target range through 2026, with continued growth within that range expected through 2030. NMG sale proceeds will strengthen the balance sheet and support ongoing regulated utility investment.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 7, 2026$0.50
est $0.51
−2.0%$1.42B
est $1.34B
+5.4%−1.7%
May 8, 2026$1.00
est $0.89
+12.4%$2.02B
est $1.74B
+16.1%+0.1%
Feb 23, 2026$0.40
est $0.42
−3.9%$1.46B
est $1.14B
+28.5%−0.6%
Nov 7, 2025$0.64
est $0.44
+45.7%$2.11B
est $1.70B
+24.1%+0.1%
Aug 7, 2025$0.33
est $0.65
−49.8%$1.99B
est $1.81B
+9.7%+3.2%
May 8, 2025$2.02
est $0.71
+184.9%$2.68B
est $1.46B
+83.9%−0.7%
Feb 21, 2025$0.59
est $0.54
+9.5%——+0.4%
Nov 8, 2024$0.58
est $0.56
+3.6%——+1.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Emera stock forecast and analyst price targets

Analysts’ average 12-month price target for Emera is $62.50, +30.9% from the last close.

$62.50consensus 12-month target, +30.9% from the last close
+1.5%average 20-day move after past Buying readings
−2.7%average move over the next 20 trading days in the last 5 years
±1.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Emera seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Emera averaged −2.7% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+3.6%2021−7.8%2022−4.2%2023−6.7%2024+3.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−2.3%2 of 5
Next 10 trading days−1.0%2 of 5
Next 15 trading days−1.6%2 of 5
Next 20 trading days−2.7%2 of 5
Next 30 trading days−1.5%3 of 5

For scale, EMA’s typical 20-trading-day move in either direction is about 3.2%.

Emera market cap and key statistics

Emera’s market cap is $14.61B, with a P/E ratio of 21.5 and revenue of $8.94B over the last twelve months.

Valuation

Market cap
$14.61B
P/E ratio
21.5
Forward P/E
18.8
EPS, TTM
$2.22
Gekko Fair Value
$55.60

Trading

Volume
251,681
Avg volume, 20 days
259,180
52-week high
$55.49
52-week low
$46.78
Shares outstanding
307.2M

Financials

Revenue, TTM
$8.94B
Profit margin
11.6%
Return on equity
7.6%
Quarterly earnings growth, YoY
−24.4%

Risk and income

Beta
0.43
Typical daily move
±1.5%
Typical 20-day move
±3.2%
Dividend yield
6.12%

Emera stock news this week

Coverage of Emera this week reads positive: 2 positive, 1 neutral and 1 negative headlines.

News sentiment positive

Emera peers

Emera’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NEENextEra Energy−0.7%Buying24.8% below
SOSouthern−0.7%Buying0.3% above
CEGConstellation Energy−0.5%Accumulation0.3% above
DUKDuke Energy−0.1%Buying10.3% above
AEPAmerican Electric Power+0.1%Buying7.2% above
DDominion Energy−0.6%Accumulation11.9% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Emera stock FAQ

What is Emera’s market cap?

Emera’s market cap is $14.61B at the Sep 28, 2026 close of $47.76, with 307.2M shares outstanding. The shares trade on a P/E ratio of 21.5.

What is the Emera stock forecast?

The consensus analyst 12-month price target for Emera is $62.50, +30.9% from the last close. Gekko doesn’t publish price predictions of its own.

Is Emera stock overvalued or undervalued?

On Gekko’s estimate Emera is undervalued: the Sep 28, 2026 close of $47.76 is 14.1% below Gekko Fair Value of $55.60. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Emera report earnings next?

Emera is expected to report on Nov 6, 2026, before the market opens (38 days away). Analysts expect earnings of $0.68 per share on revenue of $1.42B. Emera beat the earnings estimate in 5 of its last 8 reports, moving 1.1% on average across the report.

What is Emera’s 52-week high and low?

Emera’s 52-week high is $55.49 and its 52-week low is $46.78; it closed at $47.76 on Sep 28, 2026, +2.0% over the past year.

Is Emera stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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