Emera Inc Stock Price, News & Analysis

Emera (TSX/NYSE: EMA) announced that its subsidiary EUSHI Finance completed a US$750,000,000 offering of 6.25% fixed-to-fixed reset rate junior subordinated notes due 2056, fully and unconditionally guaranteed by Emera and Emera US Holdings. Joint book‑running managers included Wells Fargo, J.P. Morgan, Morgan Stanley, MUFG, RBC, Scotia, BMO, BofA, CIBC, TD and Truist. The U.S. Notes will not be listed on any exchange and are not qualified for public distribution in Canada. Emera intends to use net proceeds for general corporate purposes, including repayment of existing indebtedness. The release includes standard forward‑looking disclaimers and directs readers to SEDAR+ for detailed risk disclosures.

Emera Inc. (TSX: EMA) has announced a dividend increase, raising its quarterly dividend to $0.7325 per share, representing an annualized dividend of $2.93. This marks a 1% increase from the previous annual dividend of $2.90 per share.

The increase represents Emera's 19th consecutive year of dividend growth, supported by the company's projected 7-8% rate base growth through 2029 and targeted 5-7% average adjusted earnings per share growth through 2027. CEO Scott Balfour emphasized the company's commitment to delivering stable and sustainable returns to shareholders through disciplined financial management and robust growth strategy.

Emera Inc. (TSX/NYSE: EMA) has announced the appointment of Isabelle Courville to its Board of Directors. Courville brings significant experience from regulated industries, particularly in energy and telecommunications sectors, having served as President of Hydro-Québec Distribution and Hydro-Québec TransÉnergie, and President of Bell Canada's Enterprise Group.

Notably, Courville currently serves as the Chair of Canadian Pacific Kansas City since 2019, making history as the first woman to chair a Class 1 railway board in North America. She also holds a board position at Veolia Environment S.A. and the Institute for Governance of Private and Public Organizations.

Emera Inc. (TSX/NYSE: EMA) has announced the appointment of Jared Green as its new Chief Financial Officer, effective December 15, 2025. Green, who previously served as President and CEO of TriSummit Utilities, brings extensive utility sector experience to Emera.

Green will oversee Finance, Investor Relations, Treasury and Commercial Investments, succeeding Greg Blunden, who has served as CFO since 2016. Blunden will transition to a new role as Executive Vice President, Finance, Emera USA, where he will oversee finance for Tampa Electric and Peoples Gas, the company's largest and fastest-growing utilities.

Emera Inc. (TSX/NYSE: EMA) reported strong Q2 2025 financial results, with adjusted EPS growing 49% to $0.79 compared to $0.53 in Q2 2024. The company's reported EPS was $0.45. Q2 2025 adjusted net income reached $236 million, up from $151 million in Q2 2024, driven primarily by increased earnings at Tampa Electric and Emera Energy Services.

Year-to-date adjusted net income grew to $615 million ($2.07 per share), a significant increase from $367 million ($1.28 per share) in 2024. The company has deployed over $1.7 billion in customer-focused capital in H1 2025 and maintains its commitment to 5-7% annual average adjusted EPS growth through 2027 and 7-8% forecasted rate base growth through 2029.

Notable events include a $72 million charge related to the pending sale of New Mexico Gas Company and strong performance in Florida operations due to favorable weather and customer growth.

Emera (TSX/NYSE: EMA) has announced the results of its preferred shares conversion between Series A and Series B shares. Due to conversion notices received by July 31, 2025, only 1,300 Series A shares were tendered for conversion to Series B, while 569,430 Series B shares were tendered for conversion to Series A.

Since the resulting Series B shares would be less than 1,000,000, all remaining Series B shares will automatically convert to Series A shares on August 15, 2025. After the conversion, Emera will have 6,000,000 Series A shares outstanding. The Series A shares will continue trading on TSX under EMA.PR.A, while Series B shares will be delisted. The next conversion opportunity for Series A shareholders will be on August 15, 2030.

Emera (TSX/NYSE: EMA) has announced updated dividend rates for its Cumulative Rate Reset First Preferred Shares. The Series A Shares will pay 4.951% per annum ($0.3094 per share quarterly) from August 15, 2025, to August 14, 2030. The Series B Shares will pay 4.542% ($0.2862 per share) for the quarter ending November 14, 2025.

Shareholders of both series have conversion options on August 15, 2025. Series A holders can maintain fixed-rate dividends or convert to Series B for floating-rate dividends, while Series B holders can keep floating-rate dividends or convert to Series A for fixed-rate dividends. Minimum holding requirements of 1,000,000 shares apply for each series post-conversion.

Emera Inc. (TSX/NYSE: EMA) has announced its quarterly dividend declarations for both common and preferred shares. The company's Board of Directors has declared a dividend of $0.7250 per common share and various dividends for different series of First Preferred Shares, ranging from $0.1364 to $0.40213 per share.

All dividends will be payable on August 15, 2025, to shareholders of record as of August 1, 2025. The company has confirmed that these dividends qualify as eligible dividends under the Income Tax Act (Canada) and corresponding provincial legislation.

Emera (TSX: EMA) has scheduled its Q2 2025 earnings release for Friday, August 8, 2025, before markets open. The company will host a teleconference and webcast at 9:30 a.m. Atlantic (8:30 a.m. Eastern) on the same day to discuss the results.

Participants can join the call by dialing 1-800-717-1738 (North America) or 1-289-514-5100 (International). A live and archived audio webcast will be available on Emera's website, with a replay accessible two hours after the call concludes.