Eversource Energy (NYSE:ES) Issues Quarterly Earnings Results, Hits Expectations

Eversource Energy (NYSE:ES) issued its earnings results on Thursday. The utilities provider reported $0.87 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.87, FiscalAI reports. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the company earned $0.96 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Eversource Energy updated its FY 2026 guidance to 4.570-4.720 EPS.

Eversource Energy Trading Down 2.2%

Shares of NYSE:ES traded down $1.61 during midday trading on Friday, hitting $72.23. The company had a trading volume of 1,845,856 shares, compared to its average volume of 2,533,199. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.62. Eversource Energy has a 12 month low of $61.53 and a 12 month high of $76.57. The firm has a fifty day simple moving average of $71.80 and a 200 day simple moving average of $70.75. The stock has a market cap of $27.16 billion, a price-to-earnings ratio of 15.45, a PEG ratio of 5.51 and a beta of 0.70.

Eversource Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, May 18th were paid a $0.7875 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $3.15 dividend on an annualized basis and a dividend yield of 4.4%. Eversource Energy’s dividend payout ratio is 67.31%.

Analyst Ratings Changes

Several equities analysts recently commented on ES shares. Capital One Financial set a $73.00 target price on shares of Eversource Energy in a research note on Wednesday, July 1st. BMO Capital Markets decreased their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. Argus cut shares of Eversource Energy from a “buy” rating to a “hold” rating in a research report on Friday, June 12th. Scotiabank dropped their target price on shares of Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating for the company in a research note on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Eversource Energy presently has an average rating of “Hold” and an average price target of $72.58.

Eversource Energy News Summary

Here are the key news stories impacting Eversource Energy this week:

• Positive Sentiment: Eversource reaffirmed its 2026 recurring, non-GAAP EPS guidance of $4.57–$4.72, broadly consistent with analyst expectations near $4.65. Management’s continued commitment to the outlook helps limit concerns about the quarter’s earnings decline. Eversource Energy Reaffirms 2026 Guidance Despite Earnings Decline
• Positive Sentiment: Second-quarter revenue increased 2.3% year over year to approximately $2.90 billion, reflecting continued contributions from Eversource’s regulated utility operations, although the result was below the roughly $2.99 billion consensus estimate. Eversource Energy Reports Second Quarter 2026 Results
• Neutral Sentiment: Adjusted recurring earnings were $0.87 per share, matching the company-reported consensus estimate but slightly below the $0.88 estimate cited by Zacks. The result fell from $0.96 per share a year earlier. Eversource Energy Misses Q2 Earnings and Revenue Estimates
• Negative Sentiment: GAAP earnings plunged to $53.7 million, or $0.14 per share, from $352.7 million, or $0.96 per share, in the prior-year quarter. Results included a $111.4 million after-tax charge tied to the Aquarion Water sale and a $164.0 million after-tax charge related to increased offshore-wind liabilities. Eversource Energy Q2 GAAP Earnings Fall to $53.7 Million
• Negative Sentiment: The combination of lower adjusted EPS, a revenue miss and substantial project-related charges is weighing on sentiment. Reports of exclusively insider sales over the past six months may add a modest additional negative signal, though those transactions do not necessarily reflect the company’s operating outlook.

Insider Transactions at Eversource Energy

In other news, VP Gregory B. Butler sold 7,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the transaction, the vice president directly owned 56,179 shares in the company, valued at approximately $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.18% of the company’s stock.

Hedge Funds Weigh In On Eversource Energy

Several institutional investors and hedge funds have recently made changes to their positions in ES. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Eversource Energy by 1.0% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 14,831 shares of the utilities provider’s stock valued at $999,000 after purchasing an additional 140 shares during the period. CIBC Private Wealth Group LLC raised its holdings in Eversource Energy by 1.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 14,483 shares of the utilities provider’s stock worth $975,000 after buying an additional 162 shares during the period. Parallel Advisors LLC boosted its holdings in shares of Eversource Energy by 4.9% in the third quarter. Parallel Advisors LLC now owns 3,636 shares of the utilities provider’s stock valued at $259,000 after buying an additional 169 shares during the period. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Eversource Energy by 4.7% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 4,198 shares of the utilities provider’s stock valued at $283,000 after buying an additional 190 shares during the period. Finally, Johnson Financial Group Inc. increased its position in shares of Eversource Energy by 73.5% during the third quarter. Johnson Financial Group Inc. now owns 465 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 197 shares in the last quarter. Institutional investors and hedge funds 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.