|Bid||50.52 x 0|
|Ask||50.53 x 0|
|Day's Range||50.41 - 50.76|
|52 Week Range||38.09 - 51.05|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||16.62|
|Earnings Date||May 8, 2019 - May 13, 2019|
|Forward Dividend & Yield||2.35 (4.70%)|
|1y Target Est||52.46|
If you're a risk-averse investor, stable but "boring'" stocks like Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) can be good plays.
Today Emera announced that it will release its Q1 2019 results on Friday, May 10, 2019, before markets open. The Company will host a teleconference and webcast the same day at 9:30 a.m.
Late on Thursday, April 11, 2019, the Nova Scotia Legislature passed Bill 135, amending the NS Power Privatization Act (1992) and the NS Power Reorganization Act (1998). This would enable Emera to amend its articles of association to remove this restriction by approval of a special resolution of its shareholders. By its nature, forward‐looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties.
On April 5, 2019 the Board of Directors of Emera Inc. approved quarterly dividends on its common shares and First Preferred Shares, each of which is payable on and after
Today, the Government of Nova Scotia introduced amendments to the NS Power Privatization Act (1992) and the NS Power Reorganization Act (1998) regarding share ownership of Emera Inc. These amendments remove the current restriction preventing non-Canadian residents from holding more than 25 per cent of Emera voting shares. The legislation retains the existing restriction of any one shareholder holding more than 15 per cent of voting shares and reinforces Emera’s existing commitment to maintain its head office in Nova Scotia.
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Emera Inc. (EMA.TO) today announced that the transaction to sell its three natural gas-fired electricity generating facilities in New England to Revere Power, LLC, an affiliate of The Carlyle Group, for $590 million USD ($792 million CAD) has successfully closed. “The closing of this transaction completes an important element of the asset sale component of Emera’s three-year funding plan, which we introduced last November,” said Scott Balfour, President and CEO of Emera. The sale of Bridgeport Energy, Tiverton Power and Rumford Power was announced in November 2018.
Nova Scotia Power Inc. (“NSPI”) today announced that it has agreed to issue $400 million Series AB medium term notes which will bear interest at the rate of 3.571% per annum payable semi-annually (the “Notes”) until April 5, 2049 (the "Offering"). The Notes will be issued pursuant to NSPI’s short form prospectus dated March 28, 2019. The net proceeds from the Offering will be added to the general funds of NSPI and applied primarily to refinance existing indebtedness including bank indebtedness, to finance capital expenditures and for other general corporate purposes.
The sale of the unit, Emera Maine, is expected to close in late 2019 and is part of Emera's previously announced three-year funding plan. Emera intends to use the proceeds to support its C$6.5 billion capital investment opportunities and reduce corporate debt, the company said in a statement. Enmax will entirely fund the transaction through debt.
HALIFAX — Emera Inc. has signed a deal to sell its operations in Maine to Enmax Corp. in a deal valued at $1.8 billion, including debt.
Emera Inc. (EMA.TO) and ENMAX Corporation (ENMAX) today announced that they have entered into a definitive agreement in which Emera has agreed to sell to ENMAX its interest in Emera Maine, its regulated electric transmission and distribution company in Maine, for a purchase price of $959 million USD ($1,286 million CAD). Including the assumed debt, aggregate enterprise value is forecasted to be approximately $1.3 billion USD ($1.8 billion CAD) on closing.
Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term Emera Incorporated (TSE:EMA) shareholdersRead More...
Among industry peers, Emera Inc. (TSX:EMA) is the highest dividend-paying utility stock worthy of consideration by long-term investors should
Only a few months ago, utility stocks like Emera Inc. (TSX:EMA) were a bargain. But now that rate expectations have cooled, are these stocks still on sale?
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Even if you feel you have missed the run in Canadian stocks, companies like Exchange Income Corp. (TSX:EIF) are still attractive dividend shares to own today.
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (15,937.44, up 99.20 points).Turquoise Hill Resources Ltd. (TSX:TRQ). Materials. Up 22 cents, or 9.78 per cent, to $2.47 on 77.6 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up 26 cents, or 10.4 per cent, to $2.76 on 20.9 million shares.Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 1.42 per cent, to $9.01 on 11.9 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down 15 cents, or 1.61 per cent, to $9.15 on 9.6 million shares.Nemaska Lithium Inc. (TSX:NMX). Materials. Down one cent, or 3.12 per cent, to 31 cents on 8.3 million shares.Barrick Gold Corp. (TSX:ABX). Up 79 cents, or 4.61 per cent, to $17.91 on 7.1 million shares.Companies reporting:Hudbay Minerals Inc. (TSX:HBM). Up 47 cents, or 5.93 per cent to $8.40. A Hudbay Minerals investor has released more detailed criticisms of the company as part of an effort to replace its leadership team. Waterton Global Resource Management Inc., which owns about 12 per cent of Hudbay, outlined its grievances around the miner's leadership and share performance in a lengthy investor presentation.Emera Inc. (TSX:EMA). Down 28 cents to $46.17. Record earnings from its utility operations in Florida and New Mexico helped Halifax-based Emera Inc. beat analyst expectations in the fourth quarter of 2018. The division reported adjusted net income of $101 million in the last three months of 2018, up from $80 million in the same period of 2017. That contributed to company-wide adjusted net earnings of $167 million versus $137 million a year earlier. The Canadian Press
Record earnings from its utility operations in Florida and New Mexico helped Halifax-based Emera Inc. beat analyst expectations in the fourth quarter of 2018. The division reported adjusted net income of $101 million in the last three months of 2018, up from $80 million in the same period of 2017. "As I look forward to 2019, I'm excited about the long-term growth opportunities in front of us at Emera," said CEO Scott Balfour on a conference call.