Eversource Energy (ES) Stock Price, News & Analysis

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Eversource Energy in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

12 brokerages have issued 1 year price targets for Eversource Energy's stock. Their ES share price targets range from $54.00 to $85.00. On average, they anticipate the company's stock price to reach $65.33 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price.
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Eversource Energy's stock was trading at $61.72 at the beginning of 2024. Since then, ES stock has decreased by 10.9% and is now trading at $54.98.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our ES earnings forecast.

Eversource Energy will be holding an earnings conference call on Wednesday, February 14th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Eversource Energy (NYSE:ES) released its quarterly earnings data on Monday, November, 6th. The utilities provider reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.98 by $0.01. The utilities provider had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $3.12 billion. Eversource Energy had a net margin of 9.52% and a trailing twelve-month return on equity of 9.64%. The company's revenue for the quarter was down 13.2% on a year-over-year basis. During the same quarter last year, the business earned $1.01 EPS.
Read the conference call transcript.

Eversource Energy declared a quarterly dividend on Wednesday, January 31st. Investors of record on Tuesday, March 5th will be given a dividend of $0.715 per share on Friday, March 29th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 5.20%. The ex-dividend date is Monday, March 4th. This is a boost from the stock's previous quarterly dividend of $0.68.
Read our dividend analysis for ES.

Eversource Energy (NYSE:ES) pays an annual dividend of $2.70 per share and currently has a dividend yield of 4.91%. ES has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 80.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ES will have a dividend payout ratio of 59.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ES.

ETFs with the largest weight of Eversource Energy (NYSE:ES) stock in their portfolio include Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), BTD Capital Fund (DIP), First Trust EIP Carbon Impact ETF (ECLN), Utilities Select Sector SPDR Fund (XLU), First Trust Utilities AlphaDEX Fund (FXU), Invesco Dorsey Wright Utilities Momentum ETF (PUI) and Fidelity MSCI Utilities Index ETF (FUTY).

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.

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's stock is owned by many different retail and institutional investors. Top institutional shareholders include Charles Schwab Investment Management Inc. (2.19%), Wells Fargo & Company MN (1.87%), Nordea Investment Management AB (1.80%), Norges Bank (0.70%), California Public Employees Retirement System (0.62%) and Franklin Resources Inc. (0.53%). Insiders that own company stock include Cotton M Cleveland, Faasen William C Van, Faasen William C Van, Frederica M Williams, Gregory B Butler, Gregory B Butler, James W Hunt III, Jay S Buth, Jay S Buth, Linda Dorcena Forry, Penelope M Conner and Tom B Langley.
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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.
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