Q: Is EMA a good stock investment??
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Investment Q&A
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Q: hello 5i team
At the end of Sept you mentioned EMA looked better than Fortis offering a better yield plus, it was cheaper... price at the time $35.10.
Today I read an article about EMA being heralded along side of Enbridge as two of the better utility stocks that offer a good yield and realistic equity growth opportunity. Plus, it looks like EMA has established (according to the author) an annual dividend growth target of 6% for the next 5 years.
Right now I have a portfolio position of 4.6% in ENB and this is my only utility.
At the current price ($37.40) what is your opinion (sell/buy/hold) on EMA and do you still consider it "cheap" based on current metrics.
As always, thank you so much for all you do... am sure i would be much poorer without you.
Gord
At the end of Sept you mentioned EMA looked better than Fortis offering a better yield plus, it was cheaper... price at the time $35.10.
Today I read an article about EMA being heralded along side of Enbridge as two of the better utility stocks that offer a good yield and realistic equity growth opportunity. Plus, it looks like EMA has established (according to the author) an annual dividend growth target of 6% for the next 5 years.
Right now I have a portfolio position of 4.6% in ENB and this is my only utility.
At the current price ($37.40) what is your opinion (sell/buy/hold) on EMA and do you still consider it "cheap" based on current metrics.
As always, thank you so much for all you do... am sure i would be much poorer without you.
Gord
Q: 12:29 PM 10/6/2014
Hello Peter
I am principally interested in stable low risk higher-yielding stocks for my income portfolio as I depend on the income. I am thinking about taking a small position in one of the smaller higher-yielding Renewable Energy Utilities and am considering Capstone Infrastructure [CSE], Transalta Renewables [RNW], Northland Power [NPI], and Innergex Renewable [INE].
I see you rate both Capstone and Northland as C+, However the other two are unrated. Could you please give provisional ratings for RNW, INE, ENF, EMA, and TA.
I already own large positions [2% to 5% in each, totalling 28% of my portfolio] in these "Utilities" : BIP.UN, BEP.UN, PKI, ENB, ENF, EMA, FTS, PPL, and TRP. Is 28% getting too big? The rest of the portfolio is well diversified in Banks, Gold, Consumer, Infotech, Telecom, Industrials, and Oil stocks.
So my question is should I be "reaching" for yield by buying one of the 4 small renewables which may be much higher risk or should I be content with a somewhat lower yield and just add to one of the strong companies I already own?
Just what would you recommend [large cap or small cap], which one, and why?
Many thanks...... Paul K
Hello Peter
I am principally interested in stable low risk higher-yielding stocks for my income portfolio as I depend on the income. I am thinking about taking a small position in one of the smaller higher-yielding Renewable Energy Utilities and am considering Capstone Infrastructure [CSE], Transalta Renewables [RNW], Northland Power [NPI], and Innergex Renewable [INE].
I see you rate both Capstone and Northland as C+, However the other two are unrated. Could you please give provisional ratings for RNW, INE, ENF, EMA, and TA.
I already own large positions [2% to 5% in each, totalling 28% of my portfolio] in these "Utilities" : BIP.UN, BEP.UN, PKI, ENB, ENF, EMA, FTS, PPL, and TRP. Is 28% getting too big? The rest of the portfolio is well diversified in Banks, Gold, Consumer, Infotech, Telecom, Industrials, and Oil stocks.
So my question is should I be "reaching" for yield by buying one of the 4 small renewables which may be much higher risk or should I be content with a somewhat lower yield and just add to one of the strong companies I already own?
Just what would you recommend [large cap or small cap], which one, and why?
Many thanks...... Paul K
Q: Hello Peter and Team,
I need to consolidate my Utilities weighting in an otherwise diversified income portfolio. I need to keep 3 of the four listed, proceeds of the sale being re-invested into the residual holdings. Please rate these four against each other in terms of consideration of my preference for valuation and growth potential over an extended time frame of 5 years As always I appreciate your thoughts on this. Rick.
I need to consolidate my Utilities weighting in an otherwise diversified income portfolio. I need to keep 3 of the four listed, proceeds of the sale being re-invested into the residual holdings. Please rate these four against each other in terms of consideration of my preference for valuation and growth potential over an extended time frame of 5 years As always I appreciate your thoughts on this. Rick.
Q: Hello;
What's your take on the following please.
Western One, WEQ
Emera, EMA
Thank you,
Steve Mason
What's your take on the following please.
Western One, WEQ
Emera, EMA
Thank you,
Steve Mason
Q: I have decent gains in Emera (EMA) after buying in the fall. The dividend yield is now getting towards my lower range for a non-growth type company. Would it make any sense to swap EMA for Brookfield Renewable (BEP.UN). This would give me a 1%+ bump in yield but stay within the industry. Which company has the better blend of growth/dividend increase potential going forward? Is the relatively high P/E ratio at Brookfield a concern?
Thank-you
Thank-you
Q: Hi Peter. What are your thoughts on Emera? Earnings have dropped the last quarter. Thanks.
Q: Hello Peter and 5i staff: Wishing you all a Happy Christmas. I note you are okay with EMA but with the new common stocks at 28.85 announced on the 10th would you continue to hold in a registered account or suggest an alternative. Thank you Barb
Q: Hello 5i,
Out of the twelve utility stocks I own two are underperforming, which are Emera (ema) and First Energy (fe). From this starting point, in your opinion should I sell and buy CPX or wait for them to come back
Thanks
Out of the twelve utility stocks I own two are underperforming, which are Emera (ema) and First Energy (fe). From this starting point, in your opinion should I sell and buy CPX or wait for them to come back
Thanks
Q: What are your thoughts on EMA for a long term hold versus AQN or FTS ?
Q: Hi Y'all
Could you please tell me whether EMA is a decent buy at these prices?
Could you please tell me whether EMA is a decent buy at these prices?
Q: Hi 5i Team,
I've read your previous comments on EMA regarding the stability of the company and the safety of the dividend. I noticed the stock did not react favourably (or react at all) to EMA's announcement of their purchase of 3 New England power plants from Capitol Power. What is your take on this purchase, and what will it do for EMA's bottom line?
I've read your previous comments on EMA regarding the stability of the company and the safety of the dividend. I noticed the stock did not react favourably (or react at all) to EMA's announcement of their purchase of 3 New England power plants from Capitol Power. What is your take on this purchase, and what will it do for EMA's bottom line?
Q: Do you like Emera(EMA)purchases going forward.Seems like a good time to buy and hold.Thanks Don
Q: I am looking at the Emera Preferred E. It looks like it was issued at $25.00 in May and is now 20.99. Is there a problem with this issue because of the lower price. It has a good yield and the parent is blue chip.
Regards
Gary
Regards
Gary
Q: EMERA has dropped a lot lately, do you think this is a buying opportunity? THANKS
Q: I would appreciate your opinion on Emera (EMA) versus similar stocks such as Fortis. TIA
Gary
Gary
Q: Do you see EMERA as a good buy right now? It has come off a little bit lately. Thanks.
Q: Enjoy your Holiday season with family.When the time comes can you please give some advice on Emera for an investment