Eversource Energy (NYSE:ES) Releases FY 2026 Earnings Guidance

Eversource Energy (NYSE:ES) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.570-4.720 for the period, compared to the consensus estimate of 4.710. The company issued revenue guidance of -.

Eversource Energy Trading Up 0.2%

ES stock traded up $0.12 during trading on Friday, hitting $67.16. The company had a trading volume of 824,701 shares, compared to its average volume of 2,476,275. The business has a 50-day moving average of $70.42 and a 200-day moving average of $69.97. Eversource Energy has a one year low of $60.62 and a one year high of $76.41. The stock has a market cap of $25.24 billion, a PE ratio of 14.34, a PEG ratio of 4.49 and a beta of 0.74. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.66.

Eversource Energy (NYSE:ES) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.59 by $0.14. Eversource Energy had a return on equity of 11.70% and a net margin of 12.55%.The business had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the prior year, the business posted $1.50 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. Research analysts predict that Eversource Energy will post 4.7 earnings per share for the current fiscal year.

Eversource Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, May 18th will be issued a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, May 18th. Eversource Energy’s dividend payout ratio is presently 67.31%.

Analyst Upgrades and Downgrades

ES has been the topic of a number of research analyst reports. Scotiabank cut their price target on Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating on the stock in a report on Tuesday, April 21st. BMO Capital Markets cut their price target on Eversource Energy from $79.00 to $75.00 and set a “market perform” rating on the stock in a report on Monday, March 23rd. UBS Group cut their price target on Eversource Energy from $80.00 to $74.00 and set a “neutral” rating on the stock in a report on Friday, March 27th. Wells Fargo & Company increased their price target on Eversource Energy from $74.00 to $75.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Eversource Energy in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $71.90.

Insider Buying and Selling

In related news, insider Cotton M. Cleveland sold 2,581 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $74.87, for a total value of $193,239.47. Following the transaction, the insider directly owned 79,364 shares in the company, valued at $5,941,982.68. This trade represents a 3.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP John M. Moreira sold 7,800 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $73.90, for a total value of $576,420.00. Following the completion of the sale, the executive vice president directly owned 43,269 shares of the company’s stock, valued at $3,197,579.10. The trade was a 15.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,381 shares of company stock worth $1,211,079 in the last ninety days. Corporate insiders own 0.18% of the company’s stock.

Institutional Investors Weigh In On Eversource Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. First Growth Capital LLC purchased a new stake in Eversource Energy in the 4th quarter valued at $226,000. Corient Private Wealth LLC raised its position in Eversource Energy by 112.2% in the 4th quarter. Corient Private Wealth LLC now owns 129,597 shares of the utilities provider’s stock valued at $8,726,000 after buying an additional 68,517 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Eversource Energy by 19.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 85,659 shares of the utilities provider’s stock valued at $5,767,000 after buying an additional 13,940 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in Eversource Energy by 17.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 9,399 shares of the utilities provider’s stock valued at $633,000 after buying an additional 1,398 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in Eversource Energy in the 4th quarter valued at $1,470,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

Eversource Energy Company Profile

Eversource Energy (NYSE: ES) is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company’s core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.