FY2026 EPS Estimate for Eversource Energy Raised by Analyst

Eversource Energy (NYSE:ES) – Research analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of Eversource Energy in a report issued on Wednesday, November 11th. Scotiabank analyst A. Weisel now forecasts that the utilities provider will post earnings per share of $4.68 for the year, up from their previous forecast of $4.63. The consensus estimate for Eversource Energy’s current full-year earnings is $4.64 per share. Scotiabank also issued estimates for Eversource Energy’s FY2027 earnings at $4.95 EPS.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. lowered their price objective on shares of Eversource Energy from $73.00 to $68.00 and set an “underweight” rating on the stock in a research report on Monday, October 19th. BMO Capital Markets reduced their target price on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Barclays initiated coverage on shares of Eversource Energy in a research note on Friday, November 6th. They set an “equal weight” rating and a $76.00 price target for the company. Weiss Ratings lowered shares of Eversource Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Finally, HSBC began coverage on shares of Eversource Energy in a report on Thursday, October 22nd. They issued a “hold” rating and a $70.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $73.17.

Eversource Energy Price Performance

ES opened at $71.12 on Friday. Eversource Energy has a fifty-two week low of $62.72 and a fifty-two week high of $76.57. The firm has a 50-day moving average of $67.33 and a 200 day moving average of $70.02. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.74 and a current ratio of 0.76. The firm has a market cap of $26.82 billion, a P/E ratio of 18.77, a PEG ratio of 3.07 and a beta of 0.66.

Eversource Energy (NYSE:ES) last released its earnings results on Wednesday, November 4th. The utilities provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.02. The company had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Eversource Energy had a return on equity of 10.67% and a net margin of 10.38%. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.19 EPS.

Eversource Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st were given a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, September 21st. Eversource Energy’s dividend payout ratio is currently 83.11%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Eversource Energy in the 2nd quarter valued at about $3,086,413,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Eversource Energy by 1.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,620,413 shares of the utilities provider’s stock valued at $478,457,000 after purchasing an additional 88,163 shares during the last quarter. Legal & General Group Plc bought a new position in Eversource Energy during the second quarter worth about $359,215,000. Deutsche Bank AG bought a new position in Eversource Energy during the second quarter worth about $311,548,000. Finally, Hsbc Holdings PLC bought a new position in Eversource Energy during the second quarter worth about $272,105,000. Institutional investors own 79.99% of the company’s stock.

About Eversource Energy

Eversource Energy is a public utility holding company that delivers electricity and natural gas to customers in New England. Its businesses include electric transmission and distribution, natural gas distribution, and related energy services. The company serves customers in Connecticut, Massachusetts, and New Hampshire through local utility subsidiaries. Its operations include maintaining and upgrading the networks used to deliver energy to homes and businesses. Eversource traces its history to Northeast Utilities, which adopted the Eversource Energy name in 2015 after combining with NSTAR.