FY2026 Earnings Forecast for ES Issued By Scotiabank

Eversource Energy (NYSE:ES) – Scotiabank issued their FY2026 earnings per share (EPS) estimates for Eversource Energy in a report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel expects 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.

Other equities research analysts also recently issued research reports about the company. StockNews.com upgraded Eversource Energy from a “sell” rating to a “hold” rating in a research report on Saturday, December 21st. Barclays upped their target price on shares of Eversource Energy from $69.00 to $72.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 15th. Mizuho lifted their price target on shares of Eversource Energy from $62.00 to $73.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. BMO Capital Markets decreased 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 report on Tuesday, October 15th. Finally, Jefferies Financial Group initiated coverage on shares of Eversource Energy in a report on Tuesday, December 3rd. They issued an “underperform” rating and a $52.00 target price for the company. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, Eversource Energy presently has a consensus rating of “Hold” and a consensus price target of $68.38.

Eversource Energy Stock Down 1.8 %

ES stock opened at $55.69 on Friday. Eversource Energy has a one year low of $52.09 and a one year high of $69.01. The firm has a market cap of $20.40 billion, a PE ratio of -35.47, a PEG ratio of 2.38 and a beta of 0.62. The firm’s 50 day moving average price is $59.91 and its 200-day moving average price is $62.87. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.76 and a current ratio of 0.86.

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

Institutional Trading of Eversource Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Landscape Capital Management L.L.C. raised its stake in Eversource Energy by 46.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 31,605 shares of the utilities provider’s stock worth $2,151,000 after acquiring an additional 10,093 shares in the last quarter. Soltis Investment Advisors LLC acquired a new stake in shares of Eversource Energy during the third quarter worth about $3,616,000. Nordea Investment Management AB lifted its holdings in shares of Eversource Energy by 41.7% in the 4th quarter. Nordea Investment Management AB now owns 1,735,901 shares of the utilities provider’s stock valued at $99,554,000 after purchasing an additional 510,582 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Eversource Energy by 23.2% in the 2nd quarter. Toronto Dominion Bank now owns 134,647 shares of the utilities provider’s stock valued at $7,636,000 after purchasing an additional 25,377 shares during the period. Finally, State Street Corp grew its stake in Eversource Energy by 1.7% during the 3rd quarter. State Street Corp now owns 25,539,895 shares of the utilities provider’s stock worth $1,737,990,000 after buying an additional 430,587 shares during the last quarter. Institutional investors and hedge funds own 79.99% of the company’s stock.

Eversource Energy Announces Dividend

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

Eversource Energy Company Profile

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.