EMERA INC (EMA) Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments. It is involved in the purchase, transmission, distribution, and sale of natural gas; and physical energy marketing, trading, and other energy asset management activities. The company was incorporated in 1998 and is headquartered in Halifax, Canada.
Sector: Electric Services
Industry: Regulated Electric
Emera Incorporated NYSE:EMA Utilities · Regulated Electric
Mkt Cap $15.62B
Div Yield 4.20%
CLOSED · Nov 6 $50.69 CLOSED · Nov 6 Prev close $51.19 Close $50.69 0.00% AH close $50.69 VOL 653K $ Vol $33.2M RVOL 0.55x
Mkt Cap $15.62B
VOL 653K sh
$ Vol $33.2M
RVOL 0.55×
Div Yield 4.20%
Press Release ● Major ⚠ 3
Emera Reports 2026 Third Quarter Financial Results and Unveils $21.5 Billion Five-Year Capital Plan
Emera reported Q3 2026 adjusted EPS of $0.85 (vs $0.88 prior year) and reported EPS of $0.59 (vs $0.76), with adjusted net income dipping to $260 million on higher corporate costs and the GBPC sale.
The utility unveiled a $21.5 billion five-year capital plan expected to drive 7.5%-8.5% rate base growth through 2030, raised from 7-8%, with ~82% of spend directed to Florida including large-load tariff filings tied to data center demand.
Emera increased its dividend for the 20th consecutive year and said 2026 adjusted EPS growth will exceed its 5-7% target range.
The pending Canadian Utilities merger would create a top-20 North American regulated utility with ~$72 billion combined enterprise value, expected to close in Q3 or Q4 2027.
• 2d ago AI analysis › Press Release
Emera Declares Quarterly Dividends
Emera's board declared quarterly dividends of $0.74 per common share, payable November 13, 2026 to shareholders of record October 30, 2026.
Quarterly dividends were also declared on seven series of First Preferred Shares, ranging from $0.28125 to $0.40213 per share.
The dividends qualify as eligible dividends under the Income Tax Act (Canada); the declaration is a routine, unchanged quarterly action.
• 26d ago AI analysis › Press Release
Emera Teleconference on November 6 to Discuss Q3 2026 Results and 2027-2031 Capital Plan
Emera will release Q3 2026 results and outline its 2027-2031 capital and funding plan before markets open on Friday, November 6, 2026.
A teleconference and webcast to discuss the results will be held the same day at 8:30 a.m. Eastern, with an archived replay available on the company's website.
No financial results or guidance were disclosed in this announcement; it is a scheduling notice only.
• 0mo ago AI analysis › Press Release ● Critical ⚠ 4
Emera, ATCO and Canadian Utilities Announce Transformational Agreement to Create Canadian Utility and Energy Infrastructure Powerhouse
Emera signed a definitive all-share agreement to acquire Canadian Utilities (and ATCO) in what would be the largest merger in Canadian history, creating a Top 20 North American utility with ~$72 billion enterprise value, ~$45 billion rate base, and ~6 million customers.
Emera shareholders will own ~60% of the combined company, with Canadian Utilities and ATCO shareholders receiving ~40% via exchange ratios of 0.755x (CU Class A), 0.819x (CU Class B) and 0.865x (ATCO) Emera shares; ATCO's industrial services business spins off as New ATCO.
The deal is expected to be accretive to adjusted EPS in the first full year post-closing, with a combined $32 billion capital plan through 2030 supporting 7-8% annual rate base growth and ~95% of earnings from regulated utilities.
Closing requires shareholder, court and multi-jurisdiction regulatory approvals and is expected in Q3 or Q4 2027; Sentgraf and all boards have signed voting support agreements.
• 1mo ago AI analysis › Press Release
Emera Announces Increase in Common Dividend
Emera's board approved an increase in the quarterly common dividend to $0.74 per share, an annualized $2.96 versus the prior $2.93 — a 1% raise.
The company noted this marks its 20th consecutive year of dividend growth, backed by targets of 7-8% rate base growth and 5-7% average adjusted EPS growth through 2030.
Emera serves roughly 2.1 million customers across the US, Canada and the Caribbean as a regulated electric and gas utility holding company.
• 1mo ago AI analysis › Press Release
Bernhard Capital Partners Completes Acquisition of New Mexico Gas Company
Emera Inc. (EMA) has completed the sale of New Mexico Gas Company to Bernhard Capital Partners, finalizing the transaction previously announced by the buyer.
The deal received approval from the New Mexico Public Regulation Commission, with NMGC set to continue operating under its existing name and management team in Albuquerque.
The release provides no financial details regarding the purchase price or the use of proceeds, focusing instead on Bernhard's investment strategy.
• 2mo ago AI analysis › Press Release
Emera Completes Sale of New Mexico Gas Company
Emera Inc. has completed the sale of its subsidiary, New Mexico Gas Company, to Bernhard Capital Partners.
The transaction involves the regulated natural gas utility headquartered in Albuquerque and was originally announced to the market on August 5, 2024.
This press release confirms the closing but does not disclose the financial terms of the deal.
• 2mo ago AI analysis › Press Release ⚠ 2
Emera Reports 2026 Second Quarter Financial Results
Emera reported Q2 2026 adjusted EPS of $0.69, down from $0.79 in the prior year, while reported EPS was $0.34 compared to $0.45.
Despite the quarterly decline, the company stated it is positioned to achieve 2026 adjusted EPS growth above its 5-7% target range and remains committed to that trajectory through 2030.
Year-to-date operating cash flow strengthened by 8%, supported by over $1.7 billion in customer-focused infrastructure investments during the first half of the year.
• 3mo ago AI analysis › Press Release ● Major
Final Approval Received for Emera’s Sale of New Mexico Gas Company
Emera received final approval from the New Mexico Public Regulation Commission to sell New Mexico Gas Company to Bernhard Capital Partners for an estimated $1.25 billion.
The transaction is expected to yield after-tax net proceeds of $650 million to $700 million, which will be used to repay debt and fund investments in Emera's regulated utility businesses.
Originally announced in August 2024, the deal is now anticipated to close in August 2026.
• 3mo ago AI analysis › Press Release
Emera Declares Quarterly Dividends
Emera's Board of Directors declared quarterly dividends on its common shares and First Preferred Shares, payable on August 17, 2026 to shareholders of record at the close of business on August 3.
The dividend on common shares was set at $0.7325 per share.
Dividends on the various series of First Preferred Shares range from $0.265625 to $0.40213 per share.
• 3mo ago AI analysis › Press Release
Emera Teleconference on August 7 to Discuss Q2 2026 Results
Emera announced it will release its Q2 2026 financial results on Friday, August 7, 2026, prior to the market open.
The company will host a teleconference and webcast at 8:30 a.m. Eastern time the same day to review the quarterly performance.
A live and archived webcast of the call will be available on the Emera investor relations website.
• 3mo ago AI analysis › Press Release
Emera Inc. Announces Election of Directors
Emera Inc. announced the election of all 11 nominees as directors at its Annual Meeting of Shareholders on May 21, 2026.
Voting results showed strong shareholder support, with all directors receiving between 96.64% and 99.75% of votes cast.
The highest withheld vote percentage was 3.36% for Henry E. Demone, which is within normal ranges for utility sector governance and does not signal dissent.
• 5mo ago AI analysis › Press Release ● Major
Emera Reports 2026 First Quarter Financial Results
Emera reported a 7% increase in adjusted EPS to $1.37 in Q1 2026, up from $1.28 in Q1 2025.
The company is on track to deliver adjusted EPS growth above its 5-7% guidance range for 2026, driven by strong performance across several operating units.
Emera deployed more than $870 million of its $4.0 billion 2026 capital plan, with a focus on reliability and managing customer cost impacts.
The company entered into an agreement to sell its 100% interest in Grand Bahama Power Company, further optimizing its portfolio.
• 6mo ago AI analysis › Press Release
Emera Incorporated Announces Results of Series J First Preferred Share Conversion
Emera announced that holders did not tender the required 1,000,000 Series J First Preferred Shares to trigger a conversion into Series K Floating Rate Preferred Shares.
As a result, no conversion will take place on May 15, 2026, and the Series J Shares will continue to trade on the TSX under the symbol EMA.PR.J.
Holders will have another opportunity to elect for conversion in five years, on May 15, 2031.
• 6mo ago AI analysis › Press Release
Emera Inc. Announces Leadership Transition at Emera Energy
Judy Steele, President and COO of Emera Energy, will retire on June 30 following 26 years with the company.
Karen Hutt, currently Executive Vice-President of Corporate Development at Emera Inc., will succeed Steele as CEO of Emera Energy, while Drew Turner steps up to COO.
Parent company CEO Scott Balfour characterized the moves as a strategic focus on leadership continuity and internal succession.
• 6mo ago AI analysis › 
