Seaport Res Ptn Has Optimistic Outlook of ES FY2026 Earnings

Eversource Energy (NYSE:ES) – Research analysts at Seaport Res Ptn lifted their FY2026 earnings estimates for Eversource Energy in a report issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will post earnings per share of $5.06 for the year, up from their prior 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.

ES has been the subject of a number of other research reports. Scotiabank cut shares of Eversource Energy from a “sector perform” rating to a “sector underperform” rating and dropped their target price for the stock from $66.00 to $56.00 in a research report on Thursday, December 12th. Jefferies Financial Group started coverage on shares of Eversource Energy in a report on Tuesday, December 3rd. They set an “underperform” rating and a $52.00 price objective for the company. Mizuho boosted their target price on Eversource Energy from $62.00 to $73.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Barclays increased their price target on Eversource Energy from $69.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Finally, BMO Capital Markets cut their price objective on Eversource Energy from $74.00 to $72.00 and set a “market perform” rating for the company in a research report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Eversource Energy presently has an average rating of “Hold” and a consensus price target of $68.38.

Eversource Energy Stock Down 0.2 %

Shares of NYSE ES opened at $56.13 on Wednesday. Eversource Energy has a 52-week low of $52.09 and a 52-week high of $69.01. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.76 and a current ratio of 0.86. The business has a fifty day moving average of $60.43 and a two-hundred day moving average of $62.97. The stock has a market cap of $20.57 billion, a PE ratio of -35.75, a PEG ratio of 2.38 and a beta of 0.62.

Eversource Energy (NYSE:ES) last posted 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 business had revenue of $3.06 billion during the quarter, compared to the consensus estimate 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 was up 9.7% on a year-over-year basis. During the same quarter last year, the company earned $0.97 EPS.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Brooklyn Investment Group bought a new stake in shares of Eversource Energy during the third quarter worth approximately $31,000. Ashton Thomas Securities LLC acquired a new stake in Eversource Energy during the 3rd quarter worth $32,000. UMB Bank n.a. raised its position in shares of Eversource Energy by 62.9% during the 3rd quarter. UMB Bank n.a. now owns 513 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 198 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Eversource Energy by 162.0% in the 3rd quarter. Larson Financial Group LLC now owns 566 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 350 shares during the period. Finally, MFA Wealth Advisors LLC acquired a new position in shares of Eversource Energy in the 3rd quarter valued at $48,000. 79.99% of the stock is currently owned by institutional investors and hedge funds.

Eversource Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Wednesday, December 18th were given a $0.715 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $2.86 dividend on an annualized basis and a yield of 5.10%. Eversource Energy’s payout ratio is -182.17%.

Eversource Energy Company Profile

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.