Eversource Energy (NYSE:ES) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts rate Eversource Energy “Hold” on average: Three analysts recommend selling, six are neutral and four recommend buying. The average 12-month price target is $72.92, near the stock’s $72.03 opening price.
• Eversource’s latest quarter met expectations with earnings of $0.87 per share, while revenue of $2.90 billion fell short of the $2.99 billion consensus estimate. Revenue nevertheless increased 2.3% year over year, and management provided fiscal 2026 EPS guidance of $4.57–$4.72.
• The stock is down 0.6% and has traded between $61.53 and $76.57 over the past year. Institutional investors own roughly 80% of shares, while an executive recently sold 7,000 shares at an average price of $69.88.

Eversource Energy (NYSE:ES - Get Free Report) has been assigned an average recommendation of "Hold" from the thirteen ratings firms that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $72.9167.

A number of analysts have recently weighed in on ES shares. Weiss Ratings raised Eversource Energy from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, July 10th. Capital One Financial set a $73.00 target price on Eversource Energy in a report on Wednesday, July 1st. Seaport Research Partners cut Eversource Energy from a "buy" rating to a "neutral" rating in a research note on Monday, April 20th. Bank of America restated a "buy" rating and set a $72.00 price target on shares of Eversource Energy in a report on Wednesday, April 22nd. Finally, Scotiabank decreased their price objective on Eversource Energy from $66.00 to $63.00 and set a "sector underperform" rating for the company in a research note on Tuesday, April 21st.

Eversource Energy Trading Down 0.6%

NYSE ES opened at $72.03 on Friday. The firm has a 50 day simple moving average of $72.05 and a 200-day simple moving average of $70.85. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.59 and a current ratio of 0.80. Eversource Energy has a one year low of $61.53 and a one year high of $76.57. The firm has a market cap of $27.13 billion, a price-to-earnings ratio of 18.66, a PEG ratio of 5.34 and a beta of 0.70.

Eversource Energy (NYSE:ES - Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share for the quarter, hitting the consensus estimate of $0.87. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the prior year, the firm earned $0.96 EPS. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Equities research analysts anticipate that Eversource Energy will post 4.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the transaction, the vice president owned 56,179 shares in the company, valued at $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.18% of the stock is owned by company insiders.

Institutional Investors Weigh In On Eversource Energy

Several institutional investors have recently modified their holdings of ES. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Eversource Energy in the fourth quarter valued at approximately $1,158,000. F m Investments LLC acquired a new stake in shares of Eversource Energy during the fourth quarter worth $4,854,000. Forsta AP Fonden lifted its holdings in shares of Eversource Energy by 118.5% during the fourth quarter. Forsta AP Fonden now owns 243,900 shares of the utilities provider's stock worth $16,422,000 after purchasing an additional 132,300 shares during the period. John G Ullman & Associates Inc. grew its position in Eversource Energy by 19.6% in the 4th quarter. John G Ullman & Associates Inc. now owns 194,800 shares of the utilities provider's stock valued at $13,116,000 after buying an additional 31,875 shares during the last quarter. Finally, National Pension Service grew its position in Eversource Energy by 5.1% in the 4th quarter. National Pension Service now owns 573,073 shares of the utilities provider's stock valued at $38,585,000 after buying an additional 27,798 shares during the last quarter. 79.99% of the stock is owned by hedge funds and other institutional investors.

Eversource Energy Company Profile

Eversource Energy NYSE: ES is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company's core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.

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