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NYSE:ES

Eversource Energy (ES) Stock Price, News & Analysis

$57.53
0.00 (0.00%)
(As of 05/24/2024 ET)
Today's Range
$57.35
$58.31
50-Day Range
$56.29
$61.92
52-Week Range
$52.03
$74.81
Volume
2.06 million shs
Average Volume
2.05 million shs
Market Capitalization
$20.27 billion
P/E Ratio
N/A
Dividend Yield
4.97%
Price Target
$65.86

Eversource Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
14.5% Upside
$65.86 Price Target
Short Interest
Healthy
1.46% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.20
Upright™ Environmental Score
News Sentiment
1.37mentions of Eversource Energy in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$204,101 Sold Last Quarter
Proj. Earnings Growth
5.30%
From $4.53 to $4.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Utilities Sector

18th out of 91 stocks

Electric Services Industry

8th out of 40 stocks

ES stock logo

About Eversource Energy Stock (NYSE:ES)

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. The company operates regulated water utilities that provide water services to approximately 241,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts.

ES Stock Price History

ES Stock News Headlines

Eversource Energy (NYSE:ES) PT Raised to $61.00
Eversource: Q1 Earnings Snapshot
Eversource Energy (ES)
Eversource Energy to Discuss First Quarter Results
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/04/2024
Dividend Payable
3/29/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
5/15/2024
Today
5/25/2024
Dividend Payable
6/28/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Electric Utilities
CUSIP
66439710
Fax
N/A
Employees
10,171
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$65.86
High Stock Price Target
$73.00
Low Stock Price Target
$57.00
Potential Upside/Downside
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
14 Analysts

Profitability

Net Income
$-442,240,000.00
Pretax Margin
-2.03%

Debt

Sales & Book Value

Annual Sales
$11.91 billion
Cash Flow
$6.68 per share
Book Value
$41.29 per share

Miscellaneous

Free Float
350,811,000
Market Cap
$20.27 billion
Optionable
Optionable
Beta
0.57

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ES Stock Analysis - Frequently Asked Questions

Should I buy or sell Eversource Energy stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Eversource Energy in the last year. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ES shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ES, but not buy additional shares or sell existing shares.
View ES analyst ratings
or view top-rated stocks.

What is Eversource Energy's stock price target for 2024?

14 brokers have issued 12-month price objectives for Eversource Energy's shares. Their ES share price targets range from $57.00 to $73.00. On average, they expect the company's stock price to reach $65.86 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
View analysts price targets for ES
or view top-rated stocks among Wall Street analysts.

How have ES shares performed in 2024?

Eversource Energy's stock was trading at $61.72 at the beginning of the year. Since then, ES shares have decreased by 6.8% and is now trading at $57.53.
View the best growth stocks for 2024 here
.

Are investors shorting Eversource Energy?

Eversource Energy saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 5,220,000 shares, an increase of 10.1% from the March 31st total of 4,740,000 shares. Based on an average daily trading volume, of 2,880,000 shares, the short-interest ratio is presently 1.8 days.
View Eversource Energy's Short Interest
.

When is Eversource Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our ES earnings forecast
.

How were Eversource Energy's earnings last quarter?

Eversource Energy (NYSE:ES) announced its quarterly earnings results on Wednesday, May, 1st. The utilities provider reported $1.49 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.04. The utilities provider had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.69 billion. Eversource Energy had a negative net margin of 3.60% and a positive trailing twelve-month return on equity of 10.32%. The company's revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.41 earnings per share.
Read the conference call transcript
.

How often does Eversource Energy pay dividends? What is the dividend yield for Eversource Energy?

Eversource Energy declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.715 per share on Friday, June 28th. This represents a $2.86 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, May 15th.
Read our dividend analysis for ES
.

Is Eversource Energy a good dividend stock?

Eversource Energy (NYSE:ES) pays an annual dividend of $2.86 per share and currently has a dividend yield of 4.97%. ES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for ES.

What guidance has Eversource Energy issued on next quarter's earnings?

Eversource Energy issued an update on its FY24 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $4.50-4.67 for the period, compared to the consensus earnings per share estimate of $4.55.

What is James Judge's approval rating as Eversource Energy's CEO?

135 employees have rated Eversource Energy Chief Executive Officer James Judge on Glassdoor.com. James Judge has an approval rating of 92% among the company's employees. This puts James Judge in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Eversource Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Eversource Energy investors own include Pfizer (PFE), AT&T (T), Cisco Systems (CSCO), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), AbbVie (ABBV), Bank of America (BAC), General Electric (GE) and PepsiCo (PEP).

Who are Eversource Energy's major shareholders?

Eversource Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.91%), Nordea Investment Management AB (1.66%), Mitsubishi UFJ Trust & Banking Corp (1.10%), Bank of New York Mellon Corp (0.79%), ClearBridge Investments Ltd (0.74%) and Zimmer Partners LP (0.72%). Insiders that own company stock include Cotton M Cleveland, Faasen William C Van, Frederica M Williams, Gregory B Butler, Gregory B Butler, James W Hunt III, Jay S Buth, Linda Dorcena Forry, Penelope M Conner and Tom B Langley.
View institutional ownership trends
.

How do I buy shares of Eversource Energy?

Shares of ES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Eversource Energy have any subsidiaries?
The following companies are subsidiares of Eversource Energy: Abenaki Water Co. Inc., Aquarion Company, Aquarion Water Capital of Massachusetts Inc., Aquarion Water Company, Aquarion Water Company of Connecticut, Aquarion Water Company of Massachusetts Inc., Aquarion Water Company of New Hampshire Inc., Connecticut Yankee Atomic Power Company , Eversource Energy Service Company, Eversource Energy Transmission Ventures Inc., Eversource Energy a Massachusetts business trust, Eversource Gas Company of Massachusetts , Eversource Gas Transmission II LLC, Eversource Gas Transmission LLC, Eversource Holdco Corporation, Eversource Investment LLC, Eversource Investment Service Company LLC, Eversource LNG Service Company LLC, HWP Company, Harbor Electric Energy Company, Homeowner Safety Valve Company, Hopkinton LNG Corp., NSTAR Electric Company , NSTAR Gas Company , NStar, New England Service Company, North Atlantic Energy Corporation, North Atlantic Energy Service Corporation, Northeast Nuclear Energy Company, Northern Pass Transmission LLC, PSNH Funding LLC 3, Properties Inc., Public Service Company of New Hampshire , Renewable Properties Inc., The Connecticut Light and Power Company , The Rocky River Realty Company, Yankee Atomic Electric Company , Yankee Energy System, Yankee Energy System Inc., and Yankee Gas Services Company .
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This page (NYSE:ES) was last updated on 5/25/2024 by MarketBeat.com Staff

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