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Emera Inc (EMA) stock

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NYSE: EMA NYSE Electric Utilities Next results ~November 6, 2026

C+ Fundamentals grade

Emera Inc is a US-listed company in the electric utilities industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$40

Valuation models combined (5)

Base case. Range ~$32–$50. Weighted average of 5 models (utility earnings model, price-to-earnings vs peers, justified price-to-book, residual income, dividend discount (two-stage)), the utility earnings model counting double.

Price vs value

Overvalued

The price is above our entire value range; our base value is 20% below it.

Price used: $50.00, November 2, 2026

Emera Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds138 adding, 65 cuttingOf 29 active managers that changed their stake, 19 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Emera files

Where Emera stands after its latest Filing

Revenue for the twelve months was $6.28bn, up 19.5% on a year earlier, against a decline of 6.2% a quarter earlier. That growth ranks 2 of 25 among the electric utilities companies we cover. Free-cash-flow margin held at -19.7%. Operating margin widened to 22.5% from 16.1%. The diluted share count is up 3.6% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 0 of our 5 financial-health checks. Our cash-flow model value is $40.32 a share, against a share price of $49.29.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Emera Inc's trailing-twelve-month revenue grew 19.5% year on year, with a free-cash-flow margin of -19.7%. Where it stands out: change in growth rate of +25.7pp ranks 1 of 25 electric utilities companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 235.9% while net income grew 101.5%: a 337pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 19.5% over the last 12 months, against a median of 6.4% for electric utilities companies we cover.
  • Growth speeding up. The growth rate is 25.7 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 7.5 points on a year ago.

Things to watch

  • Priced above our value. The share price of $50.00 is 20% above our value per share of $40.
  • Burning cash. Free cash flow was -19.7% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 3.6% in a year.
  • Weak cash conversion. Free cash flow was -171% of net income over the last 12 months.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.50 against an average estimate of $0.50: missed by 1.6%
Next report
November 6, 2026

Emera's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.4%
  • 1 week+3.5%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.3B
Operating margin
22.5%
Net margin
11.6%
EPS (TTM, diluted)
$2.42

Growth

Revenue growth
+19.5%
Change in growth rate
+25.7 pts
Share count change
+3.6%

Cash

Free cash flow (TTM)
-$1.2B
FCF margin
-19.7%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for EMA from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Emera Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$40
Price used
$50.15close November 3, 2026
Implied change
▼ 20%
Uncertainty
Low

How we got here: the combined value of 5 valuation models built for a business like Emera Inc (see the models table below and how they are combined) , with a 7.09% cost of equity. The models span ~$32–~$50; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Valuation models

We value Emera Inc as an utility or power producer, with every model that fits that kind of business. Cost of equity 7.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.48 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Utility earnings model Net income growing 3% a year, discounted at 8%: for regulated investment that makes free cash flow negative. ~$50 ~$41–$63 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$42 ~$42–$58 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$34 ~$27–$44 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$32 ~$22–$47 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$34 ~$27–$44 Included
Combined value Weighted average of the models that apply: the primary model (utility earnings model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$40 ~$32–$50 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Emera Inc with utilities and power producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open.

Analysts' consensus

No analyst estimates are published for Emera Inc: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.50 $0.50 −1.6%
Mar 2026 $0.88 $1.00 +14.0%
Dec 2025 $0.42 $0.40 −4.4%
Sept 2025 $0.61 $0.63 +2.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

12 analysts, Nov 2026
Buy433%
Hold867%
Sell00%

Monthly trend

  1. Nov 202622812
  2. Oct 20263271114
  3. Sep 20263271114

Counts of recommendations published by analysts covering Emera Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
13.8
at average volume
Short interest, 1 month
+76%
to October 15, 2026
Held by institutions
57%
of shares
Held by insiders
0.3%
of shares
Employees
7,812
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How Emera Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

EMA Emera Inc Grade C+ $49.95

Own 100 shares, sell the $50.00 call expiring December 18, 2026 (46 days) for $1.50 a share — $150 per contract.

Previous session · Bid $1.50, ask $1.95, quoted Mon 2 Nov, 17:22 New York time with EMA at $49.95. Option prices move with the shares: check the live chain at your broker before trading.

  • If EMA ends below $50.00: you keep your shares and the $150 — 3.0% extra on the position, 23.8% a year at that pace.
  • If it ends above $50.00: your shares are sold at $50.00, a total return of 3.1% including the premium — at or above our value of ~$40.
$155 $0 −$969 Our value $40.00 Break-even $48.45 Price $49.95
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$150
Annualised
23.8%
Break-even
$48.45
Max gain
$155
Chance of selling
~54%

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Emera Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Emera Inc
$0 $2B $4B $6B $8B FY11 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue (TTM), FY11 Q4: $2.1B Revenue (TTM), FY15 Q4: $2.2B Revenue (TTM), FY16 Q4: $3.2B Revenue (TTM), FY17 Q4: $4.8B Revenue (TTM), FY18 Q4: $5B Revenue (TTM), FY19 Q4: $4.6B Revenue (TTM), FY20 Q4: $4.1B Revenue (TTM), FY21 Q4: $4.6B Revenue (TTM), FY22 Q4: $5.8B Revenue (TTM), FY23 Q4: $5.6B Revenue (TTM), FY24 Q4: $5.3B Revenue (TTM), FY25 Q4: $6.3B $6.3B

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY11 Q4 $2.1B
FY15 Q4 $2.2B
FY16 Q4 $3.2B
FY17 Q4 $4.8B
FY18 Q4 $5B
FY19 Q4 $4.6B
FY20 Q4 $4.1B
FY21 Q4 $4.6B
FY22 Q4 $5.8B
FY23 Q4 $5.6B
FY24 Q4 $5.3B
FY25 Q4 $6.3B
Revenue growth, TTM YoY Emera Inc
-20% 0% 20% 40% 60% FY11 Q4 FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue growth, TTM YoY, FY11 Q4: 33.9% Revenue growth, TTM YoY, FY16 Q4: 48.0% Revenue growth, TTM YoY, FY17 Q4: 48.5% Revenue growth, TTM YoY, FY18 Q4: 4.9% Revenue growth, TTM YoY, FY19 Q4: -8.6% Revenue growth, TTM YoY, FY20 Q4: -10.8% Revenue growth, TTM YoY, FY21 Q4: 12.1% Revenue growth, TTM YoY, FY22 Q4: 26.8% Revenue growth, TTM YoY, FY23 Q4: -4.0% Revenue growth, TTM YoY, FY24 Q4: -6.2% Revenue growth, TTM YoY, FY25 Q4: 19.5% 19.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY11 Q4 33.9%
FY16 Q4 48.0%
FY17 Q4 48.5%
FY18 Q4 4.9%
FY19 Q4 -8.6%
FY20 Q4 -10.8%
FY21 Q4 12.1%
FY22 Q4 26.8%
FY23 Q4 -4.0%
FY24 Q4 -6.2%
FY25 Q4 19.5%
Operating margin (TTM) Emera Inc
10% 15% 20% 25% FY11 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Operating margin (TTM), FY11 Q4: 15.4% Operating margin (TTM), FY15 Q4: 18.2% Operating margin (TTM), FY16 Q4: 13.0% Operating margin (TTM), FY17 Q4: 22.8% Operating margin (TTM), FY18 Q4: 21.4% Operating margin (TTM), FY19 Q4: 22.0% Operating margin (TTM), FY20 Q4: 20.8% Operating margin (TTM), FY21 Q4: 16.1% Operating margin (TTM), FY22 Q4: 21.5% Operating margin (TTM), FY23 Q4: 23.7% Operating margin (TTM), FY24 Q4: 15.0% Operating margin (TTM), FY25 Q4: 22.5% 22.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY11 Q4 15.4%
FY15 Q4 18.2%
FY16 Q4 13.0%
FY17 Q4 22.8%
FY18 Q4 21.4%
FY19 Q4 22.0%
FY20 Q4 20.8%
FY21 Q4 16.1%
FY22 Q4 21.5%
FY23 Q4 23.7%
FY24 Q4 15.0%
FY25 Q4 22.5%
FCF margin (TTM) Emera Inc
-30% -20% -10% 0% 10% FY11 Q4 FY17 Q4 FY20 Q4 FY25 Q4 FCF margin (TTM), FY11 Q4: -3.5% FCF margin (TTM), FY15 Q4: 8.9% FCF margin (TTM), FY16 Q4: -0.6% FCF margin (TTM), FY17 Q4: -5.4% FCF margin (TTM), FY18 Q4: -7.2% FCF margin (TTM), FY19 Q4: -15.9% FCF margin (TTM), FY20 Q4: -17.9% FCF margin (TTM), FY21 Q4: -20.4% FCF margin (TTM), FY22 Q4: -22.2% FCF margin (TTM), FY23 Q4: -9.2% FCF margin (TTM), FY24 Q4: -7.0% FCF margin (TTM), FY25 Q4: -19.7% -19.7%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY11 Q4 -3.5%
FY15 Q4 8.9%
FY16 Q4 -0.6%
FY17 Q4 -5.4%
FY18 Q4 -7.2%
FY19 Q4 -15.9%
FY20 Q4 -17.9%
FY21 Q4 -20.4%
FY22 Q4 -22.2%
FY23 Q4 -9.2%
FY24 Q4 -7.0%
FY25 Q4 -19.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 40-F. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Emera took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $6.3B
  2. Other operating costs $4.9B · 77.5%
  3. Operating income $1.4B · 22.5%
  4. Income tax $58M · 0.9%
  5. Interest and other $630M · 10.0%
  6. Net income $726M · 11.6%

Shares of revenue. Source: Emera's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2010 Dec 2010 2011 Dec 2011 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 1.6 2.1 2.2 3.2 4.8 5.0 4.6 4.1 4.6 5.8 5.6 5.3 6.3
EBITDA — — 0.7 0.9 1.8 1.8 1.7 1.5 1.5 2.0 2.1 1.6 2.3
Operating income 0.3 0.3 0.4 0.4 1.1 1.1 1.0 0.9 0.7 1.3 1.3 0.8 1.4
Net income 0.2 0.3 0.3 0.2 0.2 0.5 0.5 0.7 0.4 0.7 0.7 0.4 0.7
Diluted EPS $1.60 $1.99 $2.12 $1.00 $0.96 $2.35 $2.08 $2.82 $1.58 $2.73 $2.65 $1.25 $2.42
Growth (year on year)
Revenue — +33.9% +4.5% +48.0% +48.5% +4.9% −8.6% −10.8% +12.1% +26.8% −4.0% −6.2% +19.5%
EBITDA — — — +30.1% +102.9% +2.4% −5.4% −10.2% −3.5% +35.2% +6.3% −22.5% +42.9%
Operating income — +6.0% +23.8% +5.5% +160.6% −1.3% −6.2% −15.5% −13.2% +68.8% +6.1% −40.7% +79.3%
Net income — +33.2% +33.4% −48.7% +19.5% +167.2% −8.8% +40.0% −41.7% +78.4% −0.3% −50.3% +101.5%
Diluted EPS — +24.4% +6.4% −53.0% −4.2% +145.5% −11.4% +35.5% −43.9% +72.8% −3.1% −52.8% +93.8%
Margins
EBITDA margin — — 30.4% 26.7% 36.5% 35.7% 36.9% 37.2% 32.0% 34.1% 37.7% 31.2% 37.3%
Operating margin 19.4% 15.4% 18.2% 13.0% 22.8% 21.4% 22.0% 20.8% 16.1% 21.5% 23.7% 15.0% 22.5%
Net margin 12.1% 12.0% 15.3% 5.3% 4.3% 10.9% 10.8% 17.0% 8.9% 12.5% 12.9% 6.9% 11.6%
Free-cash-flow margin −6.6% −3.5% 8.9% −0.6% −5.4% −7.2% −15.9% −17.9% −20.4% −22.2% −9.2% −7.0% −19.7%
Cash flow
Cash from operations 0.4 0.4 0.5 0.8 0.9 1.3 1.1 1.2 0.9 0.7 1.7 1.9 1.3
Capital spending 0.5 0.5 0.3 0.8 1.2 1.7 1.9 2.0 1.9 2.0 2.2 2.3 2.5
Free cash flow −0.1 −0.1 0.2 −0.0 −0.3 −0.4 −0.7 −0.7 −0.9 −1.3 −0.5 −0.4 −1.2
Balance sheet
Cash — — 0.8 0.4 0.4 0.3 0.2 — — — — — —
Total debt 3.2 3.5 2.9 11.7 12.1 12.2 12.1 12.0 12.8 14.1 15.0 14.3 16.3
Net debt (negative = net cash) — — 2.1 11.4 11.7 12.0 11.9 — — — — — —
Diluted shares 120m 126m 146m 172m 214m 234m 241m 248m 258m 266m 274m 289m 300m
Returned to shareholders
Dividends 0.1 0.2 0.1 0.2 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4
Total returned 0.1 0.2 0.1 0.2 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · December 31, 2025
What it owns · $32.7bn
Short-term assets $3.2bnLonger-term assets $29.5bn
What it owes, and who funded it · $14.6bn
Short-term liabilities $4.8bnShareholders' equity $9.8bn
  • Short-term assets cover short-term liabilities $3.2bn of assets due within a year against $4.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Debt is 147% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 134% to 147% over five years.
  • A year's operating cash flow covers at least 20% of debt $1.3bn of operating cash flow against $14.3bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.4bn against $750m of interest.

From Emera Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$412M
Returned to shareholders
-33%
of free cash flow
Diluted share count
+3.6%
year over year
Total shareholder yield
2.8%
dividends 2.8% + buybacks 0.0% of market value
Dividend payout ratio
57%
of net income paid out

Competitors: side by side with peers

Closest by revenue in electric utilities
Last 12 months unless stated EMA EVRG CIG ELPC FTS LNT Median
Revenue, last 12 months $6.3bn $6.1bn $7.7bn $4.7bn $8.7bn $4.4bn $9.4bn
Revenue growth, last 12 months 19.5% 3.6% 3.2% 10.8% 3.7% 6.8% 6.4%
Revenue growth, 3-year average 59.1% 1.4% — — — 1.9% 3.7%
Revenue growth, latest quarter — 4.4% — — — 1.0% 4.3%
Gross margin — — 16.9% 21.7% 72.3% 85.8% 65.9%
Operating margin 22.5% 26.2% — −2.4% 28.7% 22.1% 22.3%
Operating margin, 3-year average 20.5% 24.8% — −2.6% 28.4% 22.7% 22.4%
Net margin 11.6% 15.2% 11.5% 10.3% 14.1% 18.4% 13.3%
Cash from operations / revenue 20.5% 32.5% 9.5% 11.6% 33.4% 26.1% 27.0%
Free-cash-flow margin −19.7% −23.1% 7.9% 16.4% −17.8% −23.8% −10.0%
Free-cash-flow margin, 3-year average −15.2% −12.2% 6.9% — −8.7% −22.6% −8.2%
Stock pay / revenue — 0.4% — — 0.0% 0.7% 0.4%
Change in share count 3.6% 1.7% — 0.0% 1.7% 0.8% 1.7%

Median of all 25 companies we cover in electric utilities. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 electric utilities companies
Measure Company Peer median Rank
Revenue growth Growth 19.5% 6.4% 2 of 25
Change in growth rate Growth +25.7pp -0.1pp 1 of 25
Operating margin Profitability 22.5% 22.5% 12 of 24
Net margin Profitability 11.6% 13.3% 14 of 25
Free-cash-flow margin Cash generation -19.7% -10.0% 19 of 24
Long-term debt as % of assets Balance sheet 41.2% 40.9% 15 of 24
Change in share count Balance sheet 3.6% 1.7% 17 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$8.7B
Institutions reporting
220
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
33 / 19

Top buyers and sellers, Q2 2026: 138 institutions bought and 65 sold ; the biggest buyer was Morgan Stanley (+2.7M shares) and the biggest seller TD Asset Management Inc (−2.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Bank Of Montreal $966M 18.2M 11.1% ▲ 2.1%
Royal Bank Of Canada $957M 18.0M 11.0% ▲ 2.5%
CIBC World Market Inc. $680M 12.8M 7.8% ▲ 3.6%
Fil Ltd $638M 12.0M 7.3% ▼ 6.1%
Vanguard Capital Management LLC $464M 8.7M 5.3% ▲ 2.4%
Atlas Infrastructure Partners (UK) Ltd. $375M 7.1M 4.3% ▼ 21.2%
Mackenzie Financial Corp $293M 3.9M 3.4% ▼ 4.7%
TD Asset Management Inc $270M 5.1M 3.1% ▼ 33.2%
Geode Capital Management, LLC $269M 4.7M 3.1% ▲ 7.8%
Scotia Capital Inc. $243M 4.6M 2.8% ▼ 1.5%
TD Waterhouse Canada Inc. $243M 4.6M 2.8% ▲ 1.3%
Goldman Sachs Group Inc $234M 4.4M 2.7% ▲ 33.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Emera Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Emera Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Emera Inc in brief

What does Emera Inc do?
Emera Inc is a US-listed company in the electric utilities industry. Its financial year ends in December.
What is Emera Inc's stock ticker?
Emera Inc trades under the ticker EMA on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Emera Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Emera Inc reported revenue of $6.3B, 19.5% higher than a year earlier, according to its SEC filings.
What is Emera Inc's free cash flow?
Emera Inc's free-cash-flow margin is -19.7% of revenue over the trailing twelve months, ranking 19 of the 24 electric utilities companies we cover.
Who are Emera Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Bank Of Montreal, Royal Bank Of Canada and CIBC World Market Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Emera Inc pay a dividend?
Yes: Emera Inc paid $412M in dividends over the trailing twelve months, a dividend yield of 2.75% and a payout ratio of 56.8%.
How much debt does Emera Inc have?
Emera Inc's debt-to-equity ratio is 146.9%, from its latest balance sheet (134.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Emera Inc's competitors?
In our Electric Utilities peer group, the companies closest to Emera Inc are Evergy, Energy Co Of Minas Gerais, Energy Co Of Parana, Fortis Inc. and Alliant Energy. The side-by-side comparison below sets their revenue, margins and growth against Emera Inc's.
When is Emera Inc's next earnings date?
Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Emera Inc announces its own schedule.