Emera Inc. (TSE: EMA) is a Canadian energy company involved in electricity generation, transmission, and distribution. It operates in Canada, the United States, and the Caribbean. The company competes with other energy firms like Fortis Inc. and Hydro One. On February 24, 2026, TD Securities maintained its "Buy" rating for EMA, with the stock priced at $50.62. They also raised the price target from C$74 to C$75.
Emera's strong performance in 2025 has been a key factor in TD Securities' positive outlook. The company announced its strongest year ever, driven by record capital deployment and robust performance at Tampa Electric. Favorable market conditions at Emera Energy also contributed to this success. During the fourth-quarter 2025 earnings call, executives highlighted a significant increase in earnings and improvements in credit metrics.
CEO Scott Balfour reported that Emera safely deployed a record CAD 3.6 billion in capital in 2025, resulting in approximately 8% growth in the rate base compared to 2024. The company achieved more than CAD 1 billion in annual adjusted net income for the first time, entering 2026 with strong momentum. Emera's 2025 adjusted EPS was CAD 3.49, marking a 19% increase year over year, surpassing its previous annual growth target range of 5%-7%.
Despite the positive outlook, EMA's stock on the NYSE:EMA is currently priced at $50.57, experiencing a decrease of 1.23% today. The stock has seen a low of $50.51 and a high of $51.70 during the day's trading. Over the past year, EMA has reached a high of $52.15 and a low of $39.19. The company has a market capitalization of approximately $15.26 billion, with a trading volume of 154,151 shares.
