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

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

Eversource Energy Trading Down 2.9 %

NYSE ES opened at $59.68 on Thursday. Eversource Energy has a 12 month low of $53.76 and a 12 month high of $69.01. The company’s 50-day moving average price is $57.89 and its 200-day moving average price is $62.68. The stock has a market cap of $21.87 billion, a PE ratio of -38.01, a PEG ratio of 2.25 and a beta of 0.62. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 1.73.

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

Eversource Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.7525 per share. The ex-dividend date is Tuesday, March 4th. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.72. This represents a $3.01 dividend on an annualized basis and a yield of 5.04%. Eversource Energy’s payout ratio is -182.17%.

Analyst Ratings Changes

Several brokerages have recently commented on ES. Scotiabank lowered Eversource Energy from a “sector perform” rating to a “sector underperform” rating and cut their price target for the company from $66.00 to $56.00 in a research note on Thursday, December 12th. Barclays reduced their price target on shares of Eversource Energy from $72.00 to $69.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. Jefferies Financial Group dropped their price objective on shares of Eversource Energy from $52.00 to $47.00 and set an “underperform” rating on the stock in a research note on Tuesday, January 28th. StockNews.com raised shares of Eversource Energy from a “sell” rating to a “hold” rating in a research note on Saturday, December 21st. Finally, Guggenheim reaffirmed a “buy” rating on shares of Eversource Energy in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $67.42.

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.