Eversource Energy (NYSE:ES) announced a quarterly dividend on Wednesday, September 12th, Wall Street Journal reports. Shareholders of record on Friday, September 21st will be paid a dividend of 0.505 per share by the utilities provider on Friday, September 28th. This represents a $2.02 annualized dividend and a yield of 3.17%. The ex-dividend date is Thursday, September 20th.

Shares of NYSE ES opened at $63.64 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.65 and a quick ratio of 0.60. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 3.29 and a beta of 0.23. Eversource Energy has a fifty-two week low of $52.76 and a fifty-two week high of $66.15.

Eversource Energy (NYSE:ES) last issued its quarterly earnings results on Tuesday, July 31st. The utilities provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. Eversource Energy had a return on equity of 9.07% and a net margin of 12.59%. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. equities analysts anticipate that Eversource Energy will post 3.25 earnings per share for the current year.

A number of equities research analysts recently commented on ES shares. Janney Montgomery Scott raised Eversource Energy from a “neutral” rating to a “buy” rating in a report on Thursday, June 28th. Zacks Investment Research raised Eversource Energy from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a report on Tuesday, July 17th. Morgan Stanley decreased their target price on Eversource Energy from $62.00 to $59.00 and set an “equal weight” rating for the company in a report on Wednesday, June 13th. ValuEngine raised Eversource Energy from a “sell” rating to a “hold” rating in a report on Thursday, June 28th. Finally, Credit Suisse Group raised Eversource Energy from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $58.00 to $62.00 in a report on Monday, July 9th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $63.30.

In related news, EVP Leon J. Olivier sold 50,000 shares of Eversource Energy stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of $62.03, for a total transaction of $3,101,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.45% of the stock is currently owned by company insiders.

About Eversource Energy

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates in three segments: Electric Distribution, Electric Transmission, and Natural Gas Distribution. It is involved in the transmission and distribution of electricity; and distribution of natural gas.

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Dividend History for Eversource Energy (NYSE:ES)

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