Eversource Energy (ES)
| Market Cap | 21.14B |
| Revenue (ttm) | 11.91B |
| Net Income (ttm) | -442.24M |
| Shares Out | 349.69M |
| EPS (ttm) | -1.26 |
| PE Ratio | n/a |
| Forward PE | 12.92 |
| Dividend | $2.86 (4.73%) |
| Ex-Dividend Date | Mar 4, 2024 |
| Volume | 304,967 |
| Open | 60.03 |
| Previous Close | 60.30 |
| Day's Range | 59.82 - 60.99 |
| 52-Week Range | 52.03 - 79.92 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 64.57 (+6.77%) |
| Earnings Date | May 1, 2024 |
About ES
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. The company operates regulated water utilities that provide water services to approximately 241,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and othe... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ES stock is "Buy." The 12-month stock price forecast is $64.57, which is an increase of 6.77% from the latest price.
News
Eversource Energy Announces Execution of Definitive Agreement with Ørsted to Sell Sunrise Wind
BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) (“Eversource”) today announced it has finalized definitive documents regarding its previously announced agreement to sell its 50...
Eversource Energy to Discuss First Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy will webcast a conference call with financial analysts on Thursday, May 2, 2024, beginning at 9 a.m. Eastern Time, at which senior manageme...
First US utility-scale offshore wind farm starts operations
The United States' first utility-scale offshore wind farm entered service on Thursday 35 miles off the coast of Long Island, with the promise of generating enough power for about 70,000 homes at full ...
Ørsted and Eversource Win Bid for Updated Sunrise Wind Project in New York
NEW YORK--(BUSINESS WIRE)--New York State has selected Ørsted and Eversource to negotiate a new 25-year contract for their Sunrise Wind offshore wind farm. This conditional award brings the 924-megawa...
Eversource Energy Reports Full-Year Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource reported a full-year 2023 loss of $(442.2) million, with full-year 2022 earnings of $1,404.9 million.
Eversource Energy Announces Pathway to Fully Exit its Offshore Wind Investments Pursuant to Agreement with Global Infrastructure Partners to Sell Revolution Wind and South Fork Wind Projects
BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy intends to sell its share in South Fork Wind and Revolution Wind to Global Infrastructure Partners, largely exiting the projects.
Eversource Recognized for the Fifth Consecutive Year on JUST Capital's 2024 List
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource was named to America's Most JUST Companies list for the fifth consecutive year by JUST Capital and CNBC.
Eversource Energy Declares Dividend, Schedules Webcast to Discuss Fourth Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource declared a quarterly dividend of $0.715 per share and will webcast a call with financial analysts on February 14, 2024, at 9 a.m. ET.
Ørsted and Eversource Propose Updated Sunrise Wind Project for New York
NEW YORK--(BUSINESS WIRE)--Joint venture partners Ørsted and Eversource today submitted a new proposal for Sunrise Wind in response to New York's latest offshore wind solicitation, re-bidding an updat...
Eversource Energy Announces Fourth Quarter 2023 Impairment
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy provided the updates regarding its process to divest its 50 percent ownership interest in three offshore wind projects.
Eversource Recognized as a “5 Year Champion” of Corporate Responsibility by Newsweek
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy is again among top utilities on Newsweek's 2024 list of "Most Responsible Companies," appearing every year since it was introduced.
Eversource Energy Declares Common Dividend
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--An Eversource Energy quarterly dividend of $0.675 per share was approved, payable on Dec. 29, 2023, to shareholders of record as of Dec. 18, 2023.
Why this Dow stock went from worst in 2022 to first in 2023 — and 13 turnaround candidates for 2024
Stocks' yearly performance rankings are a field day for contrarians: One year's worst often are the subsequent year's best, and vice versa.
Eversource Energy Reports Third Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy reports third quarter earnings of $339.7 million, or $0.97 per share, for the third quarter of 2023.
Mantis Innovation is Recognized as a 2023 Eversource Energy Excellence Award Winner
HOUSTON--(BUSINESS WIRE)--In recognition of business partners and their leadership on some of the most innovative projects focused on energy efficiency and electric vehicles (EV) infrastructure, Evers...
Eversource Named Top Utility in 100 Best Corporate Citizens 2023
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource is the top utility in 3BL's 100 Best Corporate Citizens list for 2023, recognizing ESG leadership among the 1,000 largest U.S. companies.
Eversource Energy to Discuss Third Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource Energy will webcast a call with analysts on Monday, Nov. 6, 2023, to review financial performance through the third quarter of 2023.
Eversource Energy Announces Appointment of Executive Vice President & Chief Operating Officer Paul Chodak III
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Paul Chodak has been elected as Executive Vice President and Chief Operating Officer of Eversource Energy, effective November 13, 2023.
Eversource Energy Closes on the Sale of Uncommitted Offshore Lease Area
BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource completed the sale a lease of about 175,000 acres off the coast of Massachusetts to Ørsted for $625 million in an all-cash transaction.
Here are the stocks to buy and the ones to sell if interest rates stay high, says Jefferies
A summer swoon that has been chipping away at stocks since early July was egged on Tuesday with news that Americans have hardly curbed their spending.
Eversource Begins Drilling on First-in-the-Nation Geothermal Project
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Eversource started work this week on its first-in-the-nation networked geothermal pilot program in Framingham, Massachusetts.
Eversource Energy beats Q2 profit estimates on lower costs
Utility firm Eversource Energy beat Wall Street estimates for second-quarter profit on Monday, helped by lower costs and a favorable regulatory decision.
Eversource Energy Reports Second Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource earned $15.4 million in second quarter, including a charge related to offshore wind investments and Eversource Gas transition costs.
Eversource Energy to Discuss Second Quarter Results
HARTFORD, Conn. & BOSTON--(BUSINESS WIRE)--Eversource will webcast a call with analysts on Aug. 1, 2023, at 9 a.m. ET, to discuss financial performance through the second quarter of 2023.