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

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

Eversource Energy Price Performance

Shares of ES stock traded up $1.12 during trading hours on Tuesday, reaching $61.61. 3,211,483 shares of the company were exchanged, compared to its average volume of 2,971,347. Eversource Energy has a fifty-two week low of $53.76 and a fifty-two week high of $69.01. 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 stock’s fifty day moving average is $57.93 and its two-hundred day moving average is $62.72. The company has a market cap of $22.58 billion, a price-to-earnings ratio of -39.24, a P/E/G ratio of 2.25 and a beta of 0.62.

Eversource Energy (NYSE:ES) last posted its quarterly earnings data on Tuesday, February 11th. The utilities provider reported $1.01 earnings per share (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%. Sell-side analysts forecast that Eversource Energy will post 4.56 earnings per share for the current fiscal year.

Eversource Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be paid a $0.7525 dividend. This represents a $3.01 annualized dividend and a dividend yield of 4.89%. The ex-dividend date is Tuesday, March 4th. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.72. Eversource Energy’s dividend payout ratio (DPR) is -182.17%.

Analysts Set New Price Targets

ES has been the topic of several analyst reports. Guggenheim reissued a “buy” rating on shares of Eversource Energy in a research note on Monday. Scotiabank downgraded shares of 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 report on Thursday, December 12th. Barclays decreased their price objective 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. StockNews.com upgraded shares of Eversource Energy from a “sell” rating to a “hold” rating in a report on Saturday, December 21st. Finally, BMO Capital Markets decreased their price target on shares of Eversource Energy from $74.00 to $72.00 and set a “market perform” rating for the company in a report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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.