Eversource Energy (NYSE:ES) Releases FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance: Eversource set guidance of 4.570–4.720 EPS, essentially in line with the consensus of 4.710 and did not provide revenue guidance.
• Quarterly results beat: Q1 EPS was $1.73 versus $1.59 expected and revenue was $4.50B versus $4.21B expected, with a net margin of 12.49% and ROE of 11.18%.
• Market and analyst backdrop: The stock trades around $68.65 (market cap $25.8B, P/E ~15.0) with an average analyst rating of "Hold" and a $71.80 target, while insiders sold ~16,381 shares (~$1.21M) in the last 90 days.

Eversource Energy (NYSE:ES - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.570-4.720 for the period, compared to the consensus estimate of 4.710. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ES. Seaport Research Partners cut shares of Eversource Energy from a "buy" rating to a "neutral" rating in a research note on Monday, April 20th. UBS Group cut their target price on shares of Eversource Energy from $80.00 to $74.00 and set a "neutral" rating for the company in a research report on Friday, March 27th. Bank of America restated a "buy" rating and set a $72.00 target price on shares of Eversource Energy in a research report on Wednesday, April 22nd. Weiss Ratings restated a "hold (c+)" rating on shares of Eversource Energy in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Eversource Energy from $72.00 to $75.00 and gave the stock an "underweight" rating in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $71.80.

Eversource Energy Price Performance

ES traded down $0.25 during midday trading on Wednesday, reaching $68.65. 1,954,975 shares of the company's stock were exchanged, compared to its average volume of 2,482,086. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.65 and a quick ratio of 0.59. The stock has a market capitalization of $25.80 billion, a PE ratio of 15.02, a P/E/G ratio of 4.53 and a beta of 0.74. The business's 50-day moving average price is $70.71 and its 200 day moving average price is $70.03. Eversource Energy has a 1-year low of $59.40 and a 1-year high of $76.41.

Eversource Energy (NYSE:ES - Get Free Report) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.14. The company had revenue of $4.50 billion during the quarter, compared to analysts' expectations of $4.21 billion. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. As a group, equities analysts anticipate that Eversource Energy will post 4.72 EPS for the current fiscal year.

Insider Activity

In other news, insider John Y. Kim sold 6,000 shares of the business's stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $73.57, for a total value of $441,420.00. Following the completion of the transaction, the insider owned 12,339 shares of the company's stock, valued at $907,780.23. The trade was a 32.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Cotton M. Cleveland sold 2,581 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $74.87, for a total transaction of $193,239.47. Following the completion of the transaction, the insider directly owned 79,364 shares of the company's stock, valued at approximately $5,941,982.68. This represents a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 16,381 shares of company stock valued at $1,211,079 over the last 90 days. Insiders own 0.18% of the company's stock.

Hedge Funds Weigh In On Eversource Energy

A number of institutional investors have recently modified their holdings of ES. Empowered Funds LLC raised its position in shares of Eversource Energy by 8.9% in the first quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider's stock valued at $1,003,000 after buying an additional 1,319 shares during the last quarter. Woodline Partners LP grew its holdings in Eversource Energy by 40.8% in the first quarter. Woodline Partners LP now owns 30,988 shares of the utilities provider's stock valued at $1,925,000 after purchasing an additional 8,984 shares during the period. Acadian Asset Management LLC grew its holdings in Eversource Energy by 115.1% in the first quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider's stock valued at $92,000 after purchasing an additional 801 shares during the period. Schnieders Capital Management LLC. grew its holdings in Eversource Energy by 87.9% in the second quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider's stock valued at $3,718,000 after purchasing an additional 27,332 shares during the period. Finally, Brown Advisory Inc. grew its holdings in Eversource Energy by 4.6% in the second quarter. Brown Advisory Inc. now owns 7,933 shares of the utilities provider's stock valued at $505,000 after purchasing an additional 349 shares during the period. Institutional investors and hedge funds own 79.99% of the company's stock.

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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