Eversource Energy (ES) to Post Quarterly Earnings on Thursday

Eversource Energy (NYSE:ES - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $1.51 per share and revenue of $3.65 billion for the quarter. Eversource Energy has set its FY 2025 guidance at 4.520-4.600 EPS.

Eversource Energy (NYSE:ES - Get Free Report) last posted its earnings results on Tuesday, February 11th. The utilities provider reported $1.01 EPS for the quarter, topping the consensus estimate of $1.00 by $0.01. Eversource Energy had a net margin of 6.82% and a return on equity of 10.99%. On average, analysts expect Eversource Energy to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Eversource Energy Stock Performance

ES stock traded down $0.67 on Friday, hitting $57.86. The company had a trading volume of 2,992,213 shares, compared to its average volume of 2,345,697. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 1.71. The stock has a market cap of $21.24 billion, a price-to-earnings ratio of 25.05, a P/E/G ratio of 2.35 and a beta of 0.58. The stock's 50-day simple moving average is $59.86 and its 200 day simple moving average is $60.28. Eversource Energy has a 12-month low of $52.28 and a 12-month high of $69.01.

Eversource Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th were given a dividend of $0.7525 per share. This represents a $3.01 annualized dividend and a dividend yield of 5.20%. This is a boost from Eversource Energy's previous quarterly dividend of $0.72. The ex-dividend date of this dividend was Tuesday, March 4th. Eversource Energy's dividend payout ratio is currently 130.30%.

Insider Buying and Selling

In other news, VP Jay S. Buth sold 980 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.99, for a total value of $61,730.20. Following the completion of the sale, the vice president now owns 24,374 shares in the company, valued at $1,535,318.26. This represents a 3.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Frederica M. Williams sold 3,092 shares of the firm's stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $62.26, for a total value of $192,507.92. Following the completion of the transaction, the insider now directly owns 22,671 shares of the company's stock, valued at $1,411,496.46. The trade was a 12.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.41% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ES. StockNews.com lowered shares of Eversource Energy from a "hold" rating to a "sell" rating in a report on Friday. Scotiabank reduced their target price on Eversource Energy from $56.00 to $55.00 and set a "sector underperform" rating for the company in a report on Thursday, February 13th. Jefferies Financial Group reduced their price target on Eversource Energy from $52.00 to $47.00 and set an "underperform" rating on the stock in a report on Tuesday, January 28th. Wells Fargo & Company decreased their price objective on shares of Eversource Energy from $79.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, February 13th. Finally, Barclays dropped their price target on shares of Eversource Energy from $72.00 to $69.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 22nd. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Eversource Energy presently has an average rating of "Hold" and a consensus price target of $65.78.

Eversource Energy Company Profile

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.