Eversource Energy (NYSE:ES) Updates FY 2026 Earnings Guidance

Eversource Energy (NYSE:ES) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.800-4.950 for the period, compared to the consensus earnings per share estimate of 4.970. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. BMO Capital Markets lowered their target price on shares of Eversource Energy from $79.00 to $77.00 and set a “market perform” rating for the company in a report on Thursday, November 6th. UBS Group dropped their price target on shares of Eversource Energy from $78.00 to $73.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 17th. Bank of America upgraded Eversource Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $73.00 to $85.00 in a research report on Tuesday, October 21st. Jefferies Financial Group reissued an “underperform” rating on shares of Eversource Energy in a report on Monday, November 24th. Finally, TD Cowen began coverage on Eversource Energy in a report on Thursday, October 16th. They issued a “hold” rating and a $76.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $71.50.

Eversource Energy Price Performance

NYSE ES traded up $0.20 during mid-day trading on Thursday, hitting $70.42. The stock had a trading volume of 2,810,746 shares, compared to its average volume of 2,524,871. The company has a 50 day simple moving average of $68.24 and a 200 day simple moving average of $68.37. The company has a market cap of $26.42 billion, a price-to-earnings ratio of 19.29, a P/E/G ratio of 2.96 and a beta of 0.77. Eversource Energy has a 52-week low of $52.28 and a 52-week high of $75.25. The company has a quick ratio of 0.64, a current ratio of 0.71 and a debt-to-equity ratio of 1.68.

Eversource Energy (NYSE:ES) last posted its earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.07). Eversource Energy had a net margin of 10.22% and a return on equity of 11.06%. The firm had revenue of $3.37 billion during the quarter, compared to analyst estimates of $2.94 billion. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS. Equities analysts forecast that Eversource Energy will post 4.75 EPS for the current fiscal year.

Eversource Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.7875 per share. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.5%. Eversource Energy’s dividend payout ratio is 82.47%.

Hedge Funds Weigh In On Eversource Energy

Hedge funds have recently bought and sold shares of the stock. Schnieders Capital Management LLC. boosted its position in shares of Eversource Energy by 87.9% in the second quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider’s stock worth $3,718,000 after acquiring an additional 27,332 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of Eversource Energy by 12.7% in the 3rd quarter. CreativeOne Wealth LLC now owns 4,292 shares of the utilities provider’s stock worth $305,000 after buying an additional 483 shares during the period. Oxford Asset Management LLP acquired a new position in Eversource Energy in the second quarter valued at $322,000. IHT Wealth Management LLC grew its position in Eversource Energy by 18.7% during the second quarter. IHT Wealth Management LLC now owns 5,052 shares of the utilities provider’s stock valued at $321,000 after acquiring an additional 795 shares during the period. Finally, Boothbay Fund Management LLC grew its position in Eversource Energy by 17.8% during the second quarter. Boothbay Fund Management LLC now owns 5,194 shares of the utilities provider’s stock valued at $330,000 after acquiring an additional 786 shares during the period. Hedge funds and other institutional investors own 79.99% of the company’s stock.

About Eversource Energy

Eversource Energy (NYSE: ES) is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company’s core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.