Eversource Energy (NYSE:ES – Get Free Report) released its earnings results on Wednesday. The utilities provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.90 by $0.02, FiscalAI reports. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The firm had revenue of $2.98 billion for the quarter, compared to analysts’ expectations of $3.20 billion. During the same quarter last year, the company earned $1.19 EPS. Eversource Energy’s quarterly revenue was down 7.5% on a year-over-year basis.
Eversource Energy Price Performance
Shares of NYSE ES traded up $1.24 during trading on Wednesday, hitting $70.27. The company had a trading volume of 4,553,473 shares, compared to its average volume of 2,904,190. Eversource Energy has a 52 week low of $62.72 and a 52 week high of $76.57. The business’s 50-day moving average is $67.37 and its 200 day moving average is $70.02. The company has a market cap of $26.47 billion, a P/E ratio of 14.06, a PEG ratio of 3.01 and a beta of 0.66. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.80.
Eversource Energy Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st were issued a $0.7875 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $3.15 annualized dividend and a dividend yield of 4.5%. Eversource Energy’s dividend payout ratio is currently 81.61%.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on ES shares. BMO Capital Markets decreased their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. Citigroup started coverage on Eversource Energy in a report on Monday, July 27th. They set a “hold” rating and a $81.00 target price on the stock. HSBC began coverage on Eversource Energy in a research report on Thursday, October 22nd. They issued a “hold” rating and a $70.00 target price for the company. JPMorgan Chase & Co. decreased their price target on Eversource Energy from $73.00 to $68.00 and set an “underweight” rating for the company in a research note on Monday, October 19th. Finally, Mizuho increased their price target on Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Eversource Energy presently has an average rating of “Hold” and an average target price of $72.91.
Get Our Latest Stock Analysis on Eversource Energy
Key Eversource Energy News
Here are the key news stories impacting Eversource Energy this week:
- Positive Sentiment: Third-quarter earnings were $0.92 per share, topping the $0.90 FactSet consensus estimate. Earnings Flash: Q3 EPS
- Negative Sentiment: Revenue was $2.98 billion, below the $3.20 billion consensus estimate. Earnings also fell from the year-earlier quarter: reported earnings were $346.0 million, or $0.92 per share, versus GAAP earnings of $367.5 million, or $0.99 per share, in Q3 2025; recurring earnings were $442.5 million, or $1.19 per share, a year ago. Eversource Energy Q3 results
Eversource Energy Company Profile
Eversource Energy (NYSE: ES) is a New England-based energy delivery company that provides electric and natural gas utility services. Through its regulated operating companies, it delivers electricity to residential, commercial and industrial customers and distributes natural gas to homes and businesses.
The company owns and operates electric transmission and distribution infrastructure, natural gas distribution systems and related utility facilities. Its electric operations include Connecticut Light and Power, NSTAR Electric and Public Service Company of New Hampshire, while its natural gas operations include several utilities serving customers in Connecticut and Massachusetts.
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