Analysts Set Expectations for ES FY2026 Earnings

Eversource Energy (NYSE:ES) – Equities research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for Eversource Energy in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the utilities provider will post earnings per share of $5.12 for the year. Scotiabank has a “Sector Underperform” rating and a $56.00 price target on the stock. The consensus estimate for Eversource Energy’s current full-year earnings is $4.56 per share.

Eversource Energy (NYSE:ES) last posted its earnings results on Monday, November 4th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.05. The company had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.06 billion. Eversource Energy had a positive return on equity of 10.90% and a negative net margin of 4.73%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $0.97 earnings per share.

A number of other brokerages have also recently weighed in on ES. StockNews.com upgraded shares of Eversource Energy from a “sell” rating to a “hold” rating in a research note on Saturday, December 21st. BMO Capital Markets cut their price objective on shares of Eversource Energy from $74.00 to $72.00 and set a “market perform” rating on the stock in a research note on Tuesday, October 15th. Barclays lifted their target price on Eversource Energy from $69.00 to $72.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 15th. Jefferies Financial Group assumed coverage on Eversource Energy in a report on Tuesday, December 3rd. They set an “underperform” rating and a $52.00 target price on the stock. Finally, Mizuho lifted their target price on Eversource Energy from $62.00 to $73.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $68.38.

Eversource Energy Stock Performance

ES stock opened at $55.69 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.76 and a current ratio of 0.86. The stock has a market capitalization of $20.40 billion, a price-to-earnings ratio of -35.47, a PEG ratio of 2.38 and a beta of 0.62. Eversource Energy has a 1 year low of $52.09 and a 1 year high of $69.01. The stock’s fifty day moving average is $59.91 and its two-hundred day moving average is $62.91.

Eversource Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.715 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.86 annualized dividend and a dividend yield of 5.14%. Eversource Energy’s dividend payout ratio is -182.17%.

Institutional Investors Weigh In On Eversource Energy

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brooklyn Investment Group acquired a new stake in Eversource Energy in the 3rd quarter worth approximately $31,000. Ashton Thomas Securities LLC acquired a new stake in Eversource Energy in the 3rd quarter worth approximately $32,000. UMB Bank n.a. lifted its holdings in Eversource Energy by 62.9% in the 3rd quarter. UMB Bank n.a. now owns 513 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 198 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Eversource Energy by 162.0% in the 3rd quarter. Larson Financial Group LLC now owns 566 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 350 shares during the last quarter. Finally, MFA Wealth Advisors LLC acquired a new stake in Eversource Energy in the 3rd quarter worth approximately $48,000. 79.99% of the stock is currently owned by institutional investors and hedge funds.

About Eversource Energy

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.