The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

EMA.TO

Concerning the House

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.

Canada · www.emera.com

The Ledger
LineMar 2025Jun 2025Sep 2025Dec 2025
Revenue$2.68B$1.99B$2.11B$2.01B
Gross profit$1.36B$807.00M$928.00M$732.00M
Operating income$925.00M$370.00M$480.00M$275.00M
Net income$601.00M$154.00M$247.00M$87.00M
Diluted EPS1.960.450.76
Free cash flow-$25.00M-$896.00M-$55.00M-$754.00M
CapEx-$724.00M-$996.00M-$846.00M-$966.00M
Quotation

$71.51

+0.53 (+0.7%)

52w hi$76.77
52w lo$60.66
Vol1.56M
As ofAug 13
The Verdict

Hold

Our score -0.01

Short+0.43
Medium-0.22
Long-0.48

computed 2026-08-13

By the Numbers

Emera Incorporated

Utilities · Utilities - Regulated Electric

Market cap$21.96B
Enterprise value$44.95B
Trailing P/E22.70x
Forward P/E19.67x
EV / EBITDA13.20x
P / S (ttm)2.46x
Profit margin11.6%
Return on equity7.6%
Revenue growth+1.2%
Earnings growth-24.4%
Debt / equity153.87
Risk Metrics
Beta vs SPX-0.19
Corr SPX-0.20
Annual vol15.1%
Annual ret+20.9%
Sharpe1.38
Max DD-8.8%

Window: 504 trading days (493 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.10
Sector-0.01
Technical+0.12
Earnings+0.00
Sentiment+0.27

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$71.25$71.81$71.06$71.511.56M
Aug 12$71.23$71.46$70.88$70.981.98M
Aug 11$70.92$71.57$70.70$71.241.50M
Aug 10$70.96$71.18$70.19$70.691.32M
Aug 7$70.85$71.40$69.19$70.882.04M