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 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 -.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Jefferies Financial Group lowered their target price on Eversource Energy from $52.00 to $47.00 and set an “underperform” rating for the company in a report on Tuesday, January 28th. BMO Capital Markets lowered their price target on shares of Eversource Energy from $74.00 to $72.00 and set a “market perform” rating on the stock in a report on Tuesday, October 15th. Barclays reduced 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 research note on Wednesday, January 22nd. Scotiabank cut Eversource Energy from a “sector perform” rating to a “sector underperform” rating and lowered their price objective for the stock from $66.00 to $56.00 in a research report on Thursday, December 12th. Finally, Guggenheim reissued a “buy” rating on shares of Eversource Energy in a report on Monday. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $67.42.

Eversource Energy Price Performance

Eversource Energy stock opened at $59.17 on Wednesday. The company has a fifty day simple moving average of $57.94 and a 200-day simple moving average of $62.70. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $21.68 billion, a price-to-earnings ratio of -37.78, a PEG ratio of 2.25 and a beta of 0.62. Eversource Energy has a 52-week low of $53.76 and a 52-week high of $69.01.

Eversource Energy (NYSE:ES) last posted its earnings results on Tuesday, February 11th. The utilities provider reported $1.01 earnings per share for the quarter, beating the consensus estimate 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%. On average, equities analysts anticipate that Eversource Energy will post 4.56 EPS 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. Investors of record on Tuesday, March 4th will be paid a dividend of $0.7525 per share. This is an increase from Eversource Energy’s previous quarterly dividend of $0.72. This represents a $3.01 annualized dividend and a yield of 5.09%. The ex-dividend date of this dividend is Tuesday, March 4th. Eversource Energy’s dividend payout ratio is presently -182.17%.

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.