A director at Emera Inc bought 5,000 shares at 51.755CAD and the significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...
EMERA (CA), a company active in the Conventional Electricity industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 15, 2022, the closing price was CAD 60.46 and its potential was estimated a...
Emera Announces Upsizing of Previously Announced Offering of Preferred Shares NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021. HALIFAX, Nova Scotia, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera” or the “Company”) (TSX:EMA) announced today that it has agreed to increase the size of its previously announced offering and issue 9,000,000 Cumulat...
Emera Announces Offering of $150 Million of Preferred Shares NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated August 12, 2021 to its short form base shelf prospectus dated August 5, 2021. HALIFAX, Nova Scotia, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera” or the “Company”) (TSX:EMA) announced today that it will issue 6,000,000 Cumulative Redeemable First Preferred Shares, Series L (the “Series L Preferred Shares”) at ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Emera Announces Offering of $200 Million of Preferred Shares NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. This news release constitutes a “designated news release” for the purposes of Emera’s prospectus supplement dated July 11, 2019 (as amended on November 17, 2020 by amendment no. 1 thereto) to its short form base shelf prospectus dated June 14, 2019 HALIFAX, Nova Scotia, March 24, 2021 (GLOBE NEWSWIRE) -- Emera Incorporated (“Emera”) (TSX:EMA) announced today that it will issue 8,000,000 Cumulative Minimum Rate Reset First Preferred Shares...
Emera Technologies (ETL) today launched its new utility-owned residential product called BlockEnergy Lift-Off at North America Smart Energy Week 2020Tampa, Florida--(Newsfile Corp. - October 22, 2020) - Emera Technologies LLC (ETL) today launched its new utility-owned residential energy system called Figure 1 To view an enhanced version of this graphic, please visit: BlockEnergy is a modular, turnkey power system that capitalizes on battery storage, power electronics and the lowering cost of renewables. Combined, these emerging innovation...
We are reaffirming our CAD 48 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported first-quarter operating earnings of $0.95 per share versus $0.87 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% annual dividend growth target supported by 6% to 7% rate base growth stands. Management has finalized its plan to fund its capital investment, which was supported by two asset divestitures. Emer...
Lured by higher allowed returns and greater growth opportunities, Emera has made the transition from a predominantly Canadian utility to one where a majority of earnings come from U.S. subsidiaries.While Emera's Canadian utilities earn around 9% allowed returns, they typically enjoy lower costs of capital than U.S. counterparts. Forward test years and fuel-adjustment mechanisms keep regulation constructive and allowed returns attainable.Strong results from Emera's unregulated operations resulted...
We are reaffirming our CAD 48 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported first-quarter operating earnings of $0.95 per share versus $0.87 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% annual dividend growth target supported by 6% to 7% rate base growth stands. Management has finalized its plan to fund its capital investment, which was supported by two asset divestitures. Emera...
We are reaffirming our CAD 46 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported full-year operating earnings of $2.88 per share versus $2.46 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% dividend growth target supported by 6% rate base growth stands. Emera continues to focus on minimizing equity needs for its 2019 to 2021 capital plan. While Emera will fund its capital plan mostly ...
Lured by higher allowed returns and greater growth opportunities, Emera has made the transition from a predominantly Canadian utility to one where a majority of earnings come from U.S. subsidiaries.While Emera's Canadian utilities earn around 9% allowed returns, they typically enjoy lower costs of capital than U.S. counterparts. Forward test years and fuel-adjustment mechanisms keep regulation constructive and allowed returns attainable.Strong results from Emera's unregulated operations resulted...
We are reaffirming our CAD 46 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported full-year operating earnings of $2.88 per share versus $2.46 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% dividend growth target supported by 6% rate base growth stands. Emera continues to focus on minimizing equity needs for its 2019 to 2021 capital plan. While Emera will fund its capital plan mostly ...
We are reaffirming our CAD 46 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported full-year operating earnings of $2.88 per share versus $2.46 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% dividend growth target supported by 6% rate base growth stands. Emera continues to focus on minimizing equity needs for its 2019 to 2021 capital plan. While Emera will fund its capital plan mostly...
We are reaffirming our CAD 46 per share fair value estimate, along with our narrow economic moat and stable moat trend ratings, after Emera reported full-year operating earnings of $2.88 per share versus $2.46 in the same year-ago period. Management does not issue earnings guidance. Emera's 4% to 5% dividend growth target supported by 6% rate base growth stands. Emera continues to focus on minimizing equity needs for its 2019 to 2021 capital plan. While Emera will fund its capital plan mostly ...
Lured by higher allowed returns and greater growth opportunities, Emera has transitioned from a predominantly Canadian utility to one where a majority of earnings come from U.S. subsidiaries. Management made its boldest move yet in acquiring Teco Energy, paying a healthy premium for a regulated utility in constructive Florida.While Emera's Canadian utilities earn around 9% allowed returns, they typically enjoy lower costs of capital than U.S. counterparts. Forward test years and fuel-adjustment ...
We are reaffirming our CAD 46 fair value estimate and narrow moat and stable moat trend ratings for Emera after the company announced an agreement to sell 1,100 megawatts of Northeast generation facilities for $590 million. The sale of Bridgeport Energy, Tiverton Power, and Rumford Power to the Carlyle Group exits Emera from the merchant power business. The sale price of $516 per kilowatt is in line with what Emera paid for the assets five years ago and consistent with our valuation. Management...
We are reaffirming our CAD 46 fair value estimate and narrow moat and stable moat trend ratings for Emera after the company announced an agreement to sell 1,100 megawatts of Northeast generation facilities for $590 million. The sale of Bridgeport Energy, Tiverton Power, and Rumford Power to the Carlyle Group exits Emera from the merchant power business. The sale price of $516 per kilowatt is in line with what Emera paid for the assets five years ago and consistent with our valuation. Management...
Lured by higher allowed returns and greater growth opportunities, Emera has transitioned from a predominantly Canadian utility to one where a majority of earnings come from U.S. subsidiaries. Management made its boldest move yet in acquiring Teco Energy, paying a healthy premium for a regulated utility in constructive Florida.While Emera's Canadian utilities earn around 9% allowed returns, they typically enjoy lower costs of capital than U.S. counterparts. Forward test years and fuel-adjustment ...
We are reaffirming our CAD 46 per share fair value estimate, narrow moat, and stable moat trend for Emera after meeting with management at the Edison Electric Institute Financial Conference in San Francisco. After lowering its dividend growth target to 4% to 5% in the second quarter from the previous 8%, management turned its attention to assuage investor concerns on potential equity needs to fund its sizable growth plan. Management recently announced that it would sell certain assets to fund 2...
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