Why Elmera Group stock moves
Elmera Group was roughly unchanged without a company-news explanation.
Written after the close on ·
Earnings report
Next report: November 12. On its last 15 report days Elmera Group usually moved about 1.9%. On a normal day it moves 0.1%.
August 20, 2026: −0.11%August 19, 2026: +0.00%May 13, 2026: −3.38%April 10, 2026: +0.14%
Why today
16,413 news analyzed todayElmera Group was roughly unchanged without a company-news explanation.
Over the same day the Oslo benchmark index was roughly flat, so Elmera moved in line with the market.
Over the last five trading days the stock was roughly unchanged, while the market rose slightly, so Elmera moved less than the market.
The move was an ordinary one for the stock, and trading volume was well below its usual level.
The stock's latest close sits near its highest close of the past year.
Today's move of −0.11% was 1.0 times a normal day's 0.1%. Oslo Børs benchmark index moved +0.13% on the same day.
Elmera Group −0.11%
What analysts expect, and how often they have been right
Analysts’ estimates for Elmera Group.
Elmera Group earned more than expected in 2 out of 8 reports.
Not in the chart because no estimate and result are available: 2 of the 10 reports in this period, the latest on April 9, 2026.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 6 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.
Ratings
Price targets
Latest price 46.75 NOK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedNOK
Next reported quarter: expected earnings per share of 0.11 NOK (November 12). For the current fiscal year, expected earnings per share changed from 2.60 NOK three months ago to 2.35 NOK now. 2026 estimate: 2.35 NOK. 2027 estimate: 3.12 NOK. One analyst made the estimate for the quarter.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +1% and earnings per share −54%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn NOK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn NOK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 5.1 bn NOKRevenue 2025: 12.1 bn NOK
What the key figures say about Elmera Group
The figures connect what Elmera Group earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 0.66 NOK–3.19 NOK. Peers: Orrön Energy -0.22 SEK, Scatec -7.60 NOK, REN 0.28 EUR. 2026 estimate: 2.35 NOK (2.34 NOK–2.35 NOK). 2027 estimate: 3.12 NOK (2.91 NOK–3.44 NOK).
What the company sold during the year.
2022–2025: 12.1 bn NOK–25.5 bn NOK. Peers: Orrön Energy 33.1 m EUR, Scatec 4.4 bn NOK, REN 1.1 bn EUR. 2026 estimate: 16.5 bn NOK (16.1 bn NOK–16.8 bn NOK). 2027 estimate: 13.9 bn NOK (13.1 bn NOK–15.4 bn NOK).
The percentage of revenue left after the costs of running the business.
2022–2025: 1.4%–3.8%. Peers: Orrön Energy −16.3%, Scatec 3.6%, REN 23.9%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 6.0%–23.7%. Peers: Orrön Energy −4.5%, Scatec −14.2%, REN 12.4%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 12.0–26.3. Peers: REN 12.9. 2026 estimate: 19.9. 2027 estimate: 15.0.
What investors pay for each unit the company sells.
2022–2025: 0.07–0.35. Peers: Scatec 3.19, REN 2.16. 2026 estimate: 0.31. 2027 estimate: 0.37.
Money paid to shareholders per share, summed by calendar year.
2019–2025: 1.50 NOK–3.50 NOK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 5.0%–21.9%. Peers: Orrön Energy 0.0%, Scatec 0.0%, REN 4.4%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: 0.81–2.66. Peers: Orrön Energy 0.31, Scatec 11.56, REN 4.70.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 1.40–3.09. Peers: Scatec 1.66, REN 1.55.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 8.5–15.2.
Cash left after investments, divided by the number of shares.
2022–2025: -6.92 NOK–8.89 NOK. Peers: Orrön Energy 0.01 EUR, Scatec -31.06 NOK, REN 0.17 EUR.
The percentage of assets financed by shareholders’ equity.
2022–2025: 8.6%–24.8%.
The dividend explained
A dividend is money paid to shareholders. Elmera Group paid 2.00 NOK per share in the twelve months through October 28, 2026.
On the ex-dividend day, May 4, 2026, Elmera Group traded without the right to the 2.00 NOK dividend. The price went from 34.70 NOK to 33.00 NOK; including the dividend, the day's change was +0.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2019: 2.20 NOK2020: 3.00 NOK2021: 3.50 NOK2022: 3.50 NOK2023: 1.50 NOK2024: 2.30 NOK2025: 3.00 NOK2026 so far: 2.00 NOK
What to watch next, and why
The earnings report shows how Elmera Group's revenue and profit have changed.
- Earnings report
The earnings report shows how Elmera Group's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Elmera Group usually moved about 1.9%. On a normal day it moves 0.1%.
−0.11% +0.00% −3.38% +0.14%
10,000 NOK in Elmera Group bought on March 21, 2018 is worth 28,500 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 26,400 NOK.
What would 10,000 NOK in Elmera Group be worth today? →
What would 10,000 NOK in Elmera Group be worth today?
28,500 NOK
with dividends reinvested, bought on March 21, 2018. The same amount in OSEBX with dividends would have become 26,400 NOK.
At worst it was worth 6,010 NOK (February 17, 2023).
The five biggest days of the journey
· +41.1% · the whole market fell 0.6% the same day
· +34.0% · the whole market rose 0.3% the same day · report day
· −25.3% · the whole market rose 0.3% the same day
· −20.7% · the whole market fell 0.4% the same day
· +16.5% · the whole market rose 1.0% the same day
Earlier days
−0.32% Elmera Group was roughly flat over the last five trading days, moving less than the broader market. Read →
Elmera Group was roughly flat over the last five trading days, moving less than the broader market.
The market rose sharply over the same days.
Trading was well above its usual level, but the price move itself was ordinary in size.
Earlier in the week, Fortum's earnings call and the Q3 update referred to the Elmera deal, but no new event moved the price within the week.
Learn more · Why do stocks move on earnings day? · Why do stocks go up and down?