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

Eversource Energy (NYSE:ES) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.800-4.950 for the period, compared to the consensus EPS estimate of 4.970. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ES. BMO Capital Markets reduced their price objective on Eversource Energy from $79.00 to $77.00 and set a “market perform” rating on the stock in a research note on Thursday, November 6th. TD Cowen initiated coverage on Eversource Energy in a report on Thursday, October 16th. They set a “hold” rating and a $76.00 target price on the stock. Wells Fargo & Company cut shares of Eversource Energy from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $79.00 to $63.00 in a research report on Wednesday, November 19th. Bank of America raised Eversource Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $73.00 to $85.00 in a research note on Tuesday, October 21st. Finally, UBS Group reduced their price target on shares of Eversource Energy from $78.00 to $73.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $71.50.

Eversource Energy Price Performance

NYSE:ES traded up $0.20 during trading hours on Thursday, reaching $70.42. The stock had a trading volume of 2,810,746 shares, compared to its average volume of 2,524,871. The company has a 50 day moving average price of $68.24 and a two-hundred day moving average price of $68.37. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.64 and a current ratio of 0.71. The stock has a market capitalization of $26.42 billion, a PE ratio of 19.29, a PEG ratio of 2.96 and a beta of 0.77. Eversource Energy has a 52 week low of $52.28 and a 52 week high of $75.25.

Eversource Energy (NYSE:ES) last announced its quarterly earnings data on Thursday, February 12th. The utilities provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.07). The business had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. Eversource Energy had a net margin of 10.22% and a return on equity of 11.06%. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. As a group, sell-side analysts anticipate that Eversource Energy will post 4.75 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 5th will be paid a dividend of $0.7875 per share. This is a boost from Eversource Energy’s previous quarterly dividend of $0.75. The ex-dividend date is Thursday, March 5th. This represents a $3.15 annualized dividend and a dividend yield of 4.5%. Eversource Energy’s dividend payout ratio (DPR) is presently 82.47%.

Hedge Funds Weigh In On Eversource Energy

A number of institutional investors have recently bought and sold shares of ES. Johnson Financial Group Inc. raised its stake in Eversource Energy by 73.5% during the third quarter. Johnson Financial Group Inc. now owns 465 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 197 shares during the period. BOKF NA raised its holdings in Eversource Energy by 23,700.0% in the 3rd quarter. BOKF NA now owns 476 shares of the utilities provider’s stock valued at $34,000 after buying an additional 474 shares during the period. McMillan Office Inc. purchased a new stake in shares of Eversource Energy in the 4th quarter valued at approximately $41,000. JPL Wealth Management LLC acquired a new position in Eversource Energy during the third quarter worth $44,000. Finally, MUFG Securities EMEA plc acquired a new position in Eversource Energy during the 2nd quarter worth about $69,000. 79.99% of the stock is owned by hedge funds and other institutional investors.

About Eversource Energy

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.