Emera: The Utility Serving Florida's Fast-Growing Energy Needs, Buy
Emera unveiled a $20B five-year capital plan, targeting 7-8% rate base growth and 5-7% adjusted EPS growth through 2027. EMA's growth is driven by strong demand in Florida, with 70% of adjusted net income from U.S. operations and major investments in Tampa Electric. Dividend growth continues with a 1% increase, a current yield of 4.4%, and guidance for 1-2% annual growth, though at a slower pace than previous years.
Emera Incorporated (EMRAF) Q1 2025 Earnings Call Transcript
Emera Incorporated (OTCPK:EMRAF) Q1 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Dave Bezanson - Vice President, Investor Relations & Pensions Scott Balfour - President & Chief Executive Officer Greg Blunden - Chief Financial Officer Archibald Collins - President & CEO of Tampa Electric Peter Gregg - President & Chief Executive Officer, NS Power Karen Hutt - Chief Strategy & Growth Officer Conference Call Participants Rob Hope - Scotiabank Maurice Choy - RBC Capital Markets Mark Jarvi - CIBC Ben Pham - BMO Capital Markets Operator Good morning, and welcome to the Emera Q1 2025 Earnings Conference Call. [Operator Instructions] Following the presentation, we will conduct a question-and-answer session.
Emera Incorporated (EMRAF) Q4 2024 Earnings Call Transcript
Emera Incorporated (OTCPK:EMRAF) Q4 2024 Earnings Call Transcript February 21, 2025 8:30 AM ET Company Participants David Bezanson - Vice President , Investor Relations and Pensions Scott Balfour - President and Chief Executive Officer Greg Blunden - Chief Financial Officer Peter Gregg - President and Chief Executive Officer, NS Power Conference Call Participants Robert Hope - Scotiabank Maurice Choy - RBC Capital Markets Mark Jarvi - CIBC Ben Pham - BMO Capital Markets Patrick Kenny - National Bank Financial Operator Good afternoon, ladies and gentlemen. And welcome to the Emera Inc. Fourth Quarter 2024 and Annual Financial Results Conference Call.
Emera: An Interesting Candidate For Income-Oriented Investors
Emera has underperformed the S&P 500 but expects 5%-7% EPS growth and offers a 5.3% dividend yield, targeting an annual return of about 10%. The utility has a volatile earnings history, but benefits from a $20 billion capital plan and growing energy demand. Emera's high debt load poses risks, especially if interest rates rise, but current valuations are reasonable at a P/E ratio of 13x.
Emera Incorporated (EMRAF) Q3 2024 Earnings Call Transcript
Emera Incorporated (EMRAF) Q3 2024 Earnings Call Transcript
Emera: The Preferreds With Potential 8% Yield Might Make A Better Bet
Emera Incorporated missed Q2-2024 estimates by a mile, and this appears to be developing into a trend. The payout ratio was 135% for this quarter, and utilities like to keep this ratio near 70%. While prospects for total returns remain poor from Emera common shares, we are keeping a close watch on the preferred shares.
Emera Incorporated (EMRAF) Q2 2024 Earnings Call Transcript
Emera Incorporated (OTCPK:EMRAF) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants David Bezanson - VP, IR and Pensions Scott Balfour - President and CEO Greg Blunden - CFO Archie Collins - President and CEO, Tampa Electric Peter Gregg - President and CEO, NS Power Ryan Shell - President, New Mexico Gas Company Conference Call Participants Robert Hope - Scotiabank Maurice Choy - RBC Operator Good morning, ladies and gentlemen, and welcome to Emera Conference Call. At this time, all lines are in a listen-only mode.
Emera: Payout Ratio Likely To Go Past 100% For The 6% Yielder
Emera Incorporated's Q4 2023 results were disappointing, with earnings per share dragged down by multiple factors. The company's exorbitant payout ratio and high debt-to-EBITDA ratio have raised concerns among rating agencies. We look at the progression of asset sales and the EPS estimates and tell you how we would play this.
