Emera Incorporated

EMA.TO (TSX: EMA) TSX
Sector: Utilities · Industry: — · Exchange: TSX
72.33 +0.070 (+0.1%) Market cap: $22.30B
52-week range low 64.98 · Oct 13, 2026high 77.52 · Jul 24, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Utilities Index ETF (XUT.TO))
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-1263.22
2022-0160.23
2022-0259.30
2022-0361.97
2022-0462.03
2022-0562.87
2022-0660.30
2022-0760.71
2022-0860.77
2022-0955.89
2022-1050.49
2022-1152.37
2022-1251.75
2023-0152.98
2023-0254.05
2023-0355.52
2023-0457.65
2023-0555.97
2023-0654.56
2023-0753.49
2023-0850.65
2023-0947.42
2023-1045.42
2023-1147.69
2023-1250.30
2024-0147.51
2024-0247.60
2024-0347.67
2024-0446.43
2024-0547.46
2024-0645.65
2024-0749.84
2024-0850.75
2024-0953.29
2024-1052.60
2024-1153.42
2024-1253.73
2025-0155.22
2025-0257.86
2025-0360.61
2025-0462.05
2025-0562.91
2025-0662.38
2025-0765.06
2025-0865.41
2025-0966.77
2025-1066.68
2025-1167.82
2025-1267.64
2026-0167.49
2026-0270.97
2026-0372.11
2026-0472.47
2026-0572.10
2026-0675.23
2026-0774.91
2026-0869.51
2026-0968.02
2026-1068.89
2026-1172.33

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 8.6% against +20.0% for the Composite — 11.4 points behind.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+0.7%+10.9%+1.9%+0.5%+6.9%+8.6%+14.6%+4.4%
Sector fund (XUT.TO)+0.9%+6.6%+2.6%+3.7%+15.5%+11.0%+14.9%+4.1%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite-1.1%+8.2%+2.0%-8.9%-9.2%-11.4%-7.4%-6.0%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Utilities Index ETF (XUT.TO).

Risk and trading

1-year volatility +15.8% (annualized); largest fall from a peak -16.2% (Jul 24, 2026 to Oct 13, 2026); beta 0.24 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+15.8%
Maximum drawdown (1Y)-16.2% (Jul 24, 2026 to Oct 13, 2026)
Beta (2Y weekly, vs Composite)0.24
Average daily volume (3M)1,624,195
Dollar volume (3M, average per day)$111.4M
LiquidityHigh (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 24.2 — lower than 46% of Utilities peers (13 companies). The sector median P/E is 24.2.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)24.2 Lower than 46% of peers (13 companies; median 24.2)
Earnings yield4.13%—
P/B1.72 Lower than 47% of peers (17 companies; median 1.72)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA13.5 Lower than 47% of peers (15 companies; median 13.5)
Dividend yield4.10%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 2.96. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $8.78B in 2025 (TTM $8.94B); net income $1.09B; free cash flow -$1.73B. Reporting currency: CAD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$7.59B$7.56B$7.20B$8.78B$8.94B
Gross margin39.8%43.3%40.2%43.6%—
Net income$1.01B$1.04B$567.0M$1.09B$1.04B
Free cash flow-$1.68B-$696.0M-$505.0M-$1.73B-$1.16B
Diluted shares269,944,308284,117,511295,935,686301,754,258—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$349.0M
Total debt$21.46B
Debt-to-equity1.60
Operating margin (latest snapshot, Nov 12, 2026)22.5%

Figures as reported in stored financials; reporting currency CAD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.

Dividends and splits

Pays a 4.10% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 4.10% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 22 times and sold 0 times in the 90 days to Nov 12, 2026. Shares outstanding grew 2.0% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)22
Insider sell (90 days)0
Shares outstanding change (1Y)+2.0%
Shares outstanding change (3Y)+11.8%
Held by insiders0.28%
Held by institutions56.86%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

Recent insider trades (20)
Filing dateTypeNameSharesPriceValue
Sep 30, 2026OPTION_GRANTBERTRAM (JAMES VANCE)1,24147.54$59K
Sep 30, 2026BUYBERTRAM (JAMES VANCE)52749.87$26K
Sep 30, 2026OPTION_GRANTBRADLEY (JACQUELINE LYNETTE)12847.54$6K
Sep 30, 2026BUYBRADLEY (JACQUELINE LYNETTE)4049.87$2K
Sep 30, 2026OPTION_GRANTBRAGG, JAMES LEE16847.54$8K
Sep 30, 2026BUYBRAGG, JAMES LEE28549.87$14K
Sep 30, 2026OPTION_GRANTCOURVILLE (ISABELLE)1,24847.54$59K
Sep 30, 2026BUYCOURVILLE (ISABELLE)4449.87$2K
Sep 30, 2026OPTION_GRANTDEMONE (HENRY)59647.54$28K
Sep 30, 2026BUYDEMONE (HENRY)58549.87$29K
Sep 30, 2026OPTION_GRANTDORRINGTON (CASSANDRA ALEXIS BURDELL)33547.54$16K
Sep 30, 2026BUYDORRINGTON (CASSANDRA ALEXIS BURDELL)9149.87$5K
Sep 30, 2026OPTION_GRANTGOLD-WILLIAMS (PAULA YVETTE)68647.54$33K
Sep 30, 2026BUYGOLD-WILLIAMS (PAULA YVETTE)30049.87$15K
Sep 30, 2026OPTION_GRANTGREER (SANDRA)16847.54$8K
Sep 30, 2026BUYGREER (SANDRA)24549.87$12K
Sep 30, 2026OPTION_GRANTHARVEY (KENT MICHAEL)59647.54$28K
Sep 30, 2026BUYHARVEY (KENT MICHAEL)38649.72$19K
Sep 30, 2026OPTION_GRANTIORIO (PAM)51147.54$24K
Sep 30, 2026BUYIORIO (PAM)26949.87$13K

Peers

Peers in Utilities, by market cap: NEE.TO, CEGS.TO, FTS.TO, H.TO, CU.TO, CPX.TO, ACO-X.TO, AQN.TO.

Peers in Utilities, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
NEE.TO27.37—$238.99B15.5——+21.5%
CEGS.TO19.21-21.5%$135.51B23.1——+50.7%
FTS.TO84.43+16.2%$43.55B24.014.43.16%+14.3%
H.TO57.08+9.4%$34.25B24.416.12.48%+15.5%
CU.TO53.24+26.9%$14.50B380.315.33.50%+16.7%
CPX.TO64.79-2.5%$10.20B—16.34.25%+28.5%
ACO-X.TO87.54+57.5%$8.84B55.412.42.38%+20.6%
AQN.TO7.90-9.2%$6.08B24.713.64.58%+23.8%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

4 published plans: 1 wins, 3 losses, 0 open; average -1.09% per resolved plan (full ladder).

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
2026-09-15SHORT67.4468.9466.44Exit 1 · 40% out 66.44 (+1.5%); Exit 2 · 30% out 65.44 (+3.0%); Exit 3 · 20% out 64.44 (+4.4%)LOSS (-2.22%) · Sep 17, 2026LOSS (-2.22%) · Sep 17, 202621.3333
2026-09-30LONG68.2466.8669.16Exit 1 · 40% out 69.16 (+1.3%); Exit 2 · 30% out 70.08 (+2.7%); Exit 3 · 20% out 71.00 (+4.0%)LOSS (-2.02%) · Oct 6, 2026LOSS (-2.02%) · Oct 6, 202632
2026-10-02LONG68.5767.1669.51Exit 1 · 40% out 69.51 (+1.4%); Exit 2 · 30% out 70.45 (+2.7%); Exit 3 · 20% out 71.39 (+4.1%)LOSS (-2.06%) · Oct 6, 2026LOSS (-2.06%) · Oct 6, 202632
2026-10-05SHORT68.3069.6867.38Exit 1 · 40% out 67.38 (+1.3%); Exit 2 · 30% out 66.46 (+2.7%); Exit 3 · 20% out 65.54 (+4.0%)WIN (1.95%) · Nov 2, 2026WIN (1.35%) · Oct 6, 202632

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record. Each plan's day page is linked from its date; the brief that day: brief not published yet, brief not published yet, brief not published yet, brief not published yet.

Superstock score

Latest score 0.0 (Nov 13, 2026). The score is the published Superstock screen score — nothing else.

Superstock score history
DateScore
Nov 8, 20260.0
Nov 9, 20260.0
Nov 9, 20260.0
Nov 10, 20260.0
Nov 10, 20260.0
Nov 10, 20260.0
Nov 11, 20260.0
Nov 11, 20260.0
Nov 12, 20260.0
Nov 12, 20260.0
Nov 13, 20260.0
Nov 13, 20260.0

Sector condition: Utilities — Leading (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsAug 6, 2026 · EPS 0.69
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jun 30, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/EMA.TO.json · Markdown twin: /t/EMA.TO.md

Facts and published history only. Plans are generated by a quant model.