Eversource Energy Stock Forecast, Price & News

Eversource Energy's stock was trading at $87.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ES shares have decreased by 0.1% and is now trading at $87.71.
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15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eversource Energy in the last year. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Eversource Energy.

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Eversource Energy is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Eversource Energy.

Eversource Energy (NYSE:ES) posted its quarterly earnings data on Friday, November, 6th. The utilities provider reported $1.02 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $1.02. The utilities provider earned $2.34 billion during the quarter, compared to the consensus estimate of $2.29 billion. Eversource Energy had a net margin of 13.57% and a return on equity of 9.01%. The company's revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business posted $0.98 earnings per share.
View Eversource Energy's earnings history.

Eversource Energy announced a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.567 per share on Wednesday, September 30th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend is Wednesday, September 16th. This is a positive change from Eversource Energy's previous quarterly dividend of $0.42.
View Eversource Energy's dividend history.

Eversource Energy updated its FY 2020 After-Hours earnings guidance on Tuesday, November, 3rd. The company provided earnings per share guidance of 3.60-3.70 for the period, compared to the Thomson Reuters consensus estimate of $3.64.

15 analysts have issued 12 month price targets for Eversource Energy's stock. Their forecasts range from $82.00 to $107.00. On average, they expect Eversource Energy's stock price to reach $91.67 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts' price targets for Eversource Energy.

Eversource Energy saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 3,030,000 shares, a drop of 26.3% from the October 15th total of 4,110,000 shares. Based on an average daily volume of 1,370,000 shares, the days-to-cover ratio is presently 2.2 days.
View Eversource Energy's Short Interest.

Some companies that are related to Eversource Energy include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Hawaiian Electric Industries (HE) and PNM Resources (PNM).
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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).

Eversource Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "ES."

Eversource Energy's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (8.85%), Magellan Asset Management Ltd (7.17%), State Street Corp (5.76%), Wells Fargo & Company MN (2.02%), Charles Schwab Investment Management Inc. (1.75%) and UBS Asset Management Americas Inc. (1.35%). Company insiders that own Eversource Energy stock include Christine M Carmody, Faasen William C Van, Gregory B Butler, James J Judge, Jay S Buth, Leon J Olivier, Philip J Lembo and Sanford Cloud, Jr.
View institutional ownership trends for Eversource Energy.

ES stock was sold by a variety of institutional investors in the last quarter, including Energy Income Partners LLC, Charles Schwab Investment Management Inc., State Street Corp, Achmea Investment Management B.V., Robeco Institutional Asset Management B.V., Guggenheim Capital LLC, CIBC Private Wealth Group LLC, and ExodusPoint Capital Management LP. Company insiders that have sold Eversource Energy company stock in the last year include Christine M Carmody, Gregory B Butler, and Jay S Buth.
View insider buying and selling activity for Eversource Energy.

ES stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Magellan Asset Management Ltd, BNP Paribas Arbitrage SA, UBS Asset Management Americas Inc., Bradley Foster & Sargent Inc. CT, First Trust Advisors LP, Allianz Asset Management GmbH, and JPMorgan Chase & Co..
View insider buying and selling activity for Eversource Energy.

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

One share of ES stock can currently be purchased for approximately $87.71.

Eversource Energy has a market capitalization of $30.07 billion and generates $8.53 billion in revenue each year. The utilities provider earns $909.05 million in net income (profit) each year or $3.45 on an earnings per share basis. Eversource Energy employs 8,234 workers across the globe.

The official website for Eversource Energy is www.eversource.com.

Eversource Energy's mailing address is 300 CADWELL DRIVE, SPRINGFIELD MA, 06037. The utilities provider can be reached via phone at 800-286-5000 or via email at [email protected]