Eversource Energy (NYSE:ES) Releases FY 2025 Earnings Guidance

Eversource Energy (NYSE:ES) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.520-4.600 for the period, compared to the consensus estimate of 4.780. The company issued revenue guidance of -.

Eversource Energy Stock Down 3.7 %

Shares of NYSE ES opened at $59.17 on Wednesday. Eversource Energy has a 1 year low of $53.76 and a 1 year high of $69.01. The company has a market capitalization of $21.68 billion, a price-to-earnings ratio of -37.78, a price-to-earnings-growth ratio of 2.25 and a beta of 0.62. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.86 and a quick ratio of 0.76. The business has a 50-day moving average of $57.94 and a two-hundred day moving average of $62.70.

Eversource Energy (NYSE:ES) last announced its quarterly earnings results on Tuesday, February 11th. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.01. Eversource Energy had a positive return on equity of 10.90% and a negative net margin of 4.73%. On average, analysts forecast that Eversource Energy will post 4.56 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 4th will be given a $0.7525 dividend. This represents a $3.01 dividend on an annualized basis and a dividend yield of 5.09%. This is an increase from Eversource Energy’s previous quarterly dividend of $0.72. The ex-dividend date is Tuesday, March 4th. Eversource Energy’s dividend payout ratio (DPR) is -182.17%.

Analyst Upgrades and Downgrades

Several research firms have issued reports 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. Jefferies Financial Group decreased their target price on Eversource Energy from $52.00 to $47.00 and set an “underperform” rating for the company in a research report on Tuesday, January 28th. BMO Capital Markets dropped their price target on 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 reduced their price objective on Eversource Energy from $72.00 to $69.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. Finally, Scotiabank downgraded Eversource Energy from a “sector perform” rating to a “sector underperform” rating and decreased their price objective for the company from $66.00 to $56.00 in a report on Thursday, December 12th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Eversource Energy presently has an average rating of “Hold” and an average target price of $67.42.

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.