Emera Inc
EMA: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 37.00 | Qbfpnx | Mdrbjprq |
Florida Utility Provides Significant Growth for Emera
Business Strategy and Outlook
Emera has transitioned to a predominantly U.S.utility that generates a majority of its earnings from its Florida operations after its transformative Teco acquisition. While Emera's Canadian utilities operate under a constructive regulatory framework, Emera's U.S. utilities offer significantly more growth opportunities and higher allowed returns.