FY2026 Earnings Estimate for ES Issued By Seaport Res Ptn

Eversource Energy (NYSE:ES) – Analysts at Seaport Res Ptn raised their FY2026 earnings estimates for Eversource Energy in a note issued to investors on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings of $5.06 per share for the year, up from their previous forecast of $5.05. The consensus estimate for Eversource Energy’s current full-year earnings is $4.56 per share. Seaport Res Ptn also issued estimates for Eversource Energy’s FY2027 earnings at $5.38 EPS.

Several other equities research analysts have also recently issued reports on ES. Scotiabank cut shares of Eversource Energy from a “sector perform” rating to a “sector underperform” rating and decreased their price objective for the stock from $66.00 to $56.00 in a research report on Thursday, December 12th. StockNews.com raised Eversource Energy from a “sell” rating to a “hold” rating in a research report on Saturday, December 21st. Mizuho increased their price objective on Eversource Energy from $62.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. BMO Capital Markets decreased their target price on Eversource Energy from $74.00 to $72.00 and set a “market perform” rating for the company in a research note on Tuesday, October 15th. Finally, Jefferies Financial Group initiated coverage on shares of Eversource Energy in a research note on Tuesday, December 3rd. They issued an “underperform” rating and a $52.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $68.38.

Eversource Energy Stock Up 1.2 %

Shares of Eversource Energy stock opened at $56.73 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 1.73. Eversource Energy has a 52-week low of $52.09 and a 52-week high of $69.01. The company has a market capitalization of $20.79 billion, a P/E ratio of -36.13, a P/E/G ratio of 2.38 and a beta of 0.62. The company has a 50 day moving average of $60.07 and a 200 day moving average of $62.89.

Eversource Energy (NYSE:ES) last released its earnings results on Monday, November 4th. The utilities provider reported $1.13 EPS for the quarter, topping the consensus estimate of $1.08 by $0.05. The firm had revenue of $3.06 billion during the quarter, compared to analysts’ expectations of $3.06 billion. Eversource Energy had a positive return on equity of 10.90% and a negative net margin of 4.73%. Eversource Energy’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.97 EPS.

Hedge Funds Weigh In On Eversource Energy

Several institutional investors have recently bought and sold shares of the company. National Bank of Canada FI boosted its holdings in shares of Eversource Energy by 21.5% in the second quarter. National Bank of Canada FI now owns 137,315 shares of the utilities provider’s stock valued at $7,766,000 after acquiring an additional 24,321 shares in the last quarter. Candriam S.C.A. increased its position in Eversource Energy by 14.5% during the 2nd quarter. Candriam S.C.A. now owns 64,848 shares of the utilities provider’s stock worth $3,677,000 after purchasing an additional 8,229 shares during the period. Savant Capital LLC raised its stake in shares of Eversource Energy by 139.7% during the 2nd quarter. Savant Capital LLC now owns 13,519 shares of the utilities provider’s stock worth $767,000 after buying an additional 7,879 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of Eversource Energy by 1,585.1% during the 2nd quarter. Acadian Asset Management LLC now owns 11,728 shares of the utilities provider’s stock worth $663,000 after buying an additional 11,032 shares in the last quarter. Finally, Quest Partners LLC boosted its stake in shares of Eversource Energy by 92,980.0% in the second quarter. Quest Partners LLC now owns 9,308 shares of the utilities provider’s stock valued at $528,000 after buying an additional 9,298 shares in the last quarter. 79.99% of the stock is owned by institutional investors and hedge funds.

Eversource Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a yield of 5.04%. The ex-dividend date of this dividend was Wednesday, December 18th. Eversource Energy’s dividend payout ratio is presently -182.17%.

About Eversource Energy

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.