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 Stock Performance

Shares of ES traded up $1.12 during mid-day trading on Tuesday, hitting $61.61. The stock had a trading volume of 3,211,143 shares, compared to its average volume of 2,966,120. The company has a market cap of $22.58 billion, a PE ratio of -39.24, a PEG ratio of 2.25 and a beta of 0.62. The company’s fifty day simple moving average is $57.93 and its two-hundred day simple moving average is $62.72. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 1.73. Eversource Energy has a fifty-two week low of $53.76 and a fifty-two week high of $69.01.

Eversource Energy (NYSE:ES) last issued its earnings results on Tuesday, February 11th. The utilities provider reported $1.01 EPS for the quarter, topping the consensus estimate 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, equities analysts expect that Eversource Energy will post 4.56 earnings per share for the current year.

Eversource Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 represents a $3.01 dividend on an annualized basis and a yield of 4.89%. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.72. Eversource Energy’s payout ratio is currently -182.17%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ES shares. Jefferies Financial Group reduced their price objective 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. Guggenheim restated a “buy” rating on shares of Eversource Energy in a research report on Monday. Barclays cut their target price on Eversource Energy from $72.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 22nd. Scotiabank downgraded Eversource Energy from a “sector perform” rating to a “sector underperform” rating and cut their target price for the company from $66.00 to $56.00 in a research note on Thursday, December 12th. Finally, StockNews.com raised Eversource Energy from a “sell” rating to a “hold” rating in a research note on Saturday, December 21st. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus 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.