Eversource Energy (ES) to Release Earnings on Thursday

Eversource Energy (NYSE:ES) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Eversource Energy to post earnings of $1.51 per share and revenue of $3.65 billion for the quarter. Eversource Energy has set its FY 2025 guidance at 4.520-4.600 EPS.

Eversource Energy (NYSE:ES) last issued its quarterly earnings results on Tuesday, February 11th. The utilities provider reported $1.01 EPS for the quarter, beating the consensus estimate of $1.00 by $0.01. Eversource Energy had a net margin of 6.82% and a return on equity of 10.99%. On average, analysts expect Eversource Energy to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Eversource Energy Trading Up 0.6 %

ES opened at $59.44 on Wednesday. The business has a fifty day moving average price of $59.71 and a 200 day moving average price of $60.22. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.76 and a quick ratio of 0.76. Eversource Energy has a 12 month low of $52.28 and a 12 month high of $69.01. The stock has a market capitalization of $21.82 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 2.35 and a beta of 0.58.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Guggenheim reissued a “buy” rating on shares of Eversource Energy in a research report on Monday, February 10th. Scotiabank dropped their target price on Eversource Energy from $56.00 to $55.00 and set a “sector underperform” rating on the stock in a report on Thursday, February 13th. Wells Fargo & Company lowered their price objective on Eversource Energy from $79.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, February 13th. StockNews.com lowered Eversource Energy from a “hold” rating to a “sell” rating in a research report on Friday, April 25th. Finally, BMO Capital Markets boosted their target price on Eversource Energy from $71.00 to $72.00 and gave the stock a “market perform” rating in a research note on Monday. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $65.78.

Insider Buying and Selling

In related news, insider Frederica M. Williams sold 3,092 shares of Eversource Energy stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $62.26, for a total value of $192,507.92. Following the transaction, the insider now directly owns 22,671 shares in the company, valued at $1,411,496.46. This trade represents a 12.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Jay S. Buth sold 980 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $62.99, for a total transaction of $61,730.20. Following the transaction, the vice president now owns 24,374 shares of the company’s stock, valued at approximately $1,535,318.26. The trade was a 3.87 % decrease in their position. The disclosure for this sale can be found here. 0.41% of the stock is currently owned by company insiders.

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.