Eversource Energy Stock Forecast, Price & News

Eversource Energy's stock was trading at $87.79 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ES shares have increased by 0.9% and is now trading at $88.57.
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13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Eversource Energy in the last year. There are currently 2 sell ratings, 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Eversource Energy stock. 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.
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Wall Street analysts have given Eversource Energy a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Eversource Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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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 earnings results on Friday, November, 6th. The utilities provider reported $1.02 earnings per share for the quarter, hitting analysts' consensus estimates 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 return on equity of 8.88% and a net margin of 13.57%. The company's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 earnings per share.
View Eversource Energy's earnings history.

Eversource Energy declared a quarterly dividend on Friday, December 4th. Shareholders of record on Tuesday, December 22nd will be given a dividend of $0.5675 per share on Thursday, December 31st. This represents a $2.27 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Monday, December 21st. This is a boost from Eversource Energy's previous quarterly dividend of $0.57.
View Eversource Energy's dividend history.

Eversource Energy pays an annual dividend of $2.27 per share and currently has a dividend yield of 2.52%. The dividend payout ratio of Eversource Energy is 65.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Eversource Energy will have a dividend payout ratio of 58.21% next year. This indicates that Eversource Energy will be able to sustain or increase its dividend.
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 earnings per share estimate of $3.64.

13 brokerages have issued 1-year price targets for Eversource Energy's stock. Their forecasts range from $81.00 to $107.00. On average, they anticipate Eversource Energy's stock price to reach $91.54 in the next year. This suggests a possible upside of 3.4% from the stock's current price.
View analysts' price targets for Eversource Energy or view Wall Street analyst' top-rated stocks.

Some companies that are related to Eversource Energy include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), PNM Resources (PNM), Portland General Electric (POR), Hawaiian Electric Industries (HE), ALLETE (ALE) and MGE Energy (MGEE).
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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 retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.28%), State of Alaska Department of Revenue (0.05%), Hexavest Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%), IFM Investors Pty Ltd (0.01%) and Redpoint Investment Management Pty Ltd (0.01%). 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 Hexavest Inc., Crossmark Global Holdings Inc., State of Alaska Department of Revenue, BTR Capital Management Inc., Redpoint Investment Management Pty Ltd, Baystate Wealth Management LLC, Rockland Trust Co., and Leelyn Smith LLC. Company insiders that have sold Eversource Energy company stock in the last year include Christine M Carmody, Gregory B Butler, and Jay S Buth.
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ES stock was acquired by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Louisiana State Employees Retirement System, Boston Trust Walden Corp, Huntington National Bank, NuWave Investment Management LLC, Patriot Financial Group Insurance Agency LLC, Brookstone Capital Management, and ELM Advisors LLC.
View insider buying and selling activity for Eversource Energy or or view top insider-buying stocks.

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

One share of ES stock can currently be purchased for approximately $88.57.

Eversource Energy has a market capitalization of $30.36 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]