KeyCorp Equities Analysts Raise Earnings Estimates for ES

Key Points

• KeyCorp raised its Eversource Energy EPS estimate for Q3 2026 to $1.04 from $1.03 and projected FY2026 earnings of $4.63 per share, with estimates rising to $5.82 by FY2030.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $72.92; Eversource shares opened at $65.75 and were down 0.5%.
• Eversource reported $0.87 in quarterly EPS, matching expectations, and maintains a quarterly dividend of $0.7875, equivalent to a 4.8% annual yield; institutional investors own nearly 80% of the stock.

Eversource Energy (NYSE:ES - Free Report) - Analysts at KeyCorp upped their Q3 2026 earnings per share estimates for shares of Eversource Energy in a research note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $1.04 per share for the quarter, up from their previous estimate of $1.03. The consensus estimate for Eversource Energy's current full-year earnings is $4.64 per share. KeyCorp also issued estimates for Eversource Energy's Q4 2026 earnings at $0.99 EPS, FY2026 earnings at $4.63 EPS, FY2028 earnings at $5.28 EPS, FY2029 earnings at $5.57 EPS and FY2030 earnings at $5.82 EPS.

ES has been the topic of several other reports. BMO Capital Markets dropped their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 22nd. Citigroup restated a "hold" rating and set a $81.00 target price on shares of Eversource Energy in a research note on Monday, July 27th. Wells Fargo & Company lifted their target price on shares of Eversource Energy from $75.00 to $76.00 and gave the stock an "overweight" rating in a report on Thursday, July 2nd. Mizuho upped their price target on shares of Eversource Energy from $70.00 to $74.00 and gave the company a "neutral" rating in a research note on Monday, August 3rd. Finally, Capital One Financial set a $73.00 price target on shares of Eversource Energy in a research note on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Eversource Energy presently has a consensus rating of "Hold" and a consensus target price of $72.92.

Eversource Energy Trading Down 0.5%

ES stock opened at $65.75 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.80 and a quick ratio of 0.74. The company has a fifty day moving average price of $68.76 and a two-hundred day moving average price of $69.89. Eversource Energy has a one year low of $62.72 and a one year high of $76.57. The stock has a market cap of $24.77 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 2.87 and a beta of 0.67.

Eversource Energy (NYSE:ES - Get Free Report) last posted its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share for the quarter, hitting analysts' consensus estimates of $0.87. Eversource Energy had a return on equity of 11.33% and a net margin of 10.35%. The business had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the firm earned $0.96 EPS. The firm's revenue was up 2.3% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS.

Institutional Investors Weigh In On Eversource Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Signal Advisors Wealth LLC bought a new stake in shares of Eversource Energy in the third quarter valued at approximately $1,219,000. Copeland Capital Management LLC bought a new position in Eversource Energy during the 3rd quarter worth $694,000. First Financial Corp IN increased its stake in Eversource Energy by 41.7% during the 3rd quarter. First Financial Corp IN now owns 850 shares of the utilities provider's stock worth $55,000 after acquiring an additional 250 shares during the period. Steel Grove Capital Advisors LLC increased its stake in Eversource Energy by 4.9% during the 3rd quarter. Steel Grove Capital Advisors LLC now owns 27,995 shares of the utilities provider's stock worth $1,796,000 after acquiring an additional 1,303 shares during the period. Finally, Sax Wealth Advisors LLC raised its holdings in Eversource Energy by 45.3% in the 3rd quarter. Sax Wealth Advisors LLC now owns 7,034 shares of the utilities provider's stock valued at $451,000 after acquiring an additional 2,192 shares in the last quarter. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a $0.7875 dividend. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Monday, September 21st. Eversource Energy's payout ratio is presently 81.61%.

Eversource Energy Company Profile

Eversource Energy NYSE: ES is a diversified energy delivery company that operates regulated electric and natural gas utilities in the northeastern United States. Its businesses provide electricity and natural gas distribution, electric transmission, and related energy infrastructure services to residential, commercial, and industrial customers.

Eversource's electric operations serve customers across Connecticut, Massachusetts, and New Hampshire, while its natural gas distribution businesses operate primarily in Connecticut and Massachusetts.

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