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 -.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ES shares. Jefferies Financial Group lowered 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. Scotiabank downgraded Eversource Energy from a “sector perform” rating to a “sector underperform” rating and lowered their price target for the stock from $66.00 to $56.00 in a research report on Thursday, December 12th. Barclays cut their price objective on Eversource Energy from $72.00 to $69.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. Guggenheim reissued a “buy” rating on shares of Eversource Energy in a report on Monday. Finally, StockNews.com raised Eversource Energy from a “sell” rating to a “hold” rating in a report 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $67.42.

Eversource Energy Stock Performance

ES stock traded up $1.12 during trading hours on Tuesday, hitting $61.61. 3,211,483 shares of the stock were exchanged, compared to its average volume of 2,971,347. Eversource Energy has a 12 month low of $53.76 and a 12 month high of $69.01. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $22.58 billion, a P/E ratio of -39.24, a P/E/G ratio of 2.25 and a beta of 0.62. The company has a 50-day simple moving average of $57.93 and a two-hundred day simple moving average of $62.72.

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

Eversource Energy Increases Dividend

The business also recently declared 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 of this dividend is Tuesday, March 4th. This represents a $3.01 dividend on an annualized basis and a yield of 4.89%. This is an increase from Eversource Energy’s previous quarterly dividend of $0.72. Eversource Energy’s dividend payout ratio is currently -182.17%.

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.