Analysts Offer Predictions for ES FY2026 Earnings

Eversource Energy (NYSE:ES - Free Report) - Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of Eversource Energy in a research note issued on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the utilities provider will post earnings per share of $5.12 for the year. Scotiabank has a "Sector Underperform" rating and a $56.00 price target on the stock. The consensus estimate for Eversource Energy's current full-year earnings is $4.56 per share.

Eversource Energy (NYSE:ES - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.08 by $0.05. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.06 billion. Eversource Energy had a negative net margin of 4.73% and a positive return on equity of 10.90%. The company's quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.97 earnings per share.

A number of other research analysts also recently commented on ES. Jefferies Financial Group initiated coverage on Eversource Energy in a report on Tuesday, December 3rd. They issued an "underperform" rating and a $52.00 price objective on the stock. Mizuho lifted their price target on Eversource Energy from $62.00 to $73.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 2nd. BMO Capital Markets decreased their price objective on Eversource Energy from $74.00 to $72.00 and set a "market perform" rating for the company in a report on Tuesday, October 15th. Barclays lifted their target price on shares of Eversource Energy from $69.00 to $72.00 and gave the company an "equal weight" rating in a report on Tuesday, October 15th. Finally, StockNews.com upgraded shares of Eversource Energy from a "sell" rating to a "hold" rating in a research note on Saturday, December 21st. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Eversource Energy currently has an average rating of "Hold" and a consensus target price of $68.38.

Eversource Energy Stock Down 1.8 %

NYSE:ES traded down $1.03 during mid-day trading on Friday, hitting $55.69. The stock had a trading volume of 3,693,762 shares, compared to its average volume of 2,207,327. Eversource Energy has a twelve month low of $52.09 and a twelve month high of $69.01. The stock has a 50-day simple moving average of $59.91 and a two-hundred day simple moving average of $62.87. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $20.40 billion, a PE ratio of -35.47, a PEG ratio of 2.38 and a beta of 0.62.

Eversource Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a dividend yield of 5.14%. The ex-dividend date was Wednesday, December 18th. Eversource Energy's dividend payout ratio (DPR) is -182.17%.

Institutional Investors Weigh In On Eversource Energy

Large investors have recently added to or reduced their stakes in the business. Landscape Capital Management L.L.C. grew its holdings in shares of Eversource Energy by 46.9% during the third quarter. Landscape Capital Management L.L.C. now owns 31,605 shares of the utilities provider's stock worth $2,151,000 after buying an additional 10,093 shares in the last quarter. Soltis Investment Advisors LLC purchased a new stake in Eversource Energy in the 3rd quarter worth approximately $3,616,000. Nordea Investment Management AB grew its stake in Eversource Energy by 41.7% in the 4th quarter. Nordea Investment Management AB now owns 1,735,901 shares of the utilities provider's stock worth $99,554,000 after acquiring an additional 510,582 shares during the period. Toronto Dominion Bank boosted its holdings in shares of Eversource Energy by 23.2% during the second quarter. Toronto Dominion Bank now owns 134,647 shares of the utilities provider's stock worth $7,636,000 after purchasing an additional 25,377 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Eversource Energy by 1.7% during the third quarter. State Street Corp now owns 25,539,895 shares of the utilities provider's stock worth $1,737,990,000 after purchasing an additional 430,587 shares during the last quarter. 79.99% of the stock is owned by institutional investors and hedge funds.

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.