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

Eversource Energy (NYSE:ES) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.570-4.720 for the period, compared to the consensus estimate of 4.710. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Argus upgraded shares of Eversource Energy to a “strong-buy” rating in a report on Tuesday, March 24th. Bank of America restated a “buy” rating and issued a $72.00 target price on shares of Eversource Energy in a report on Wednesday, April 22nd. Seaport Research Partners downgraded shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Wells Fargo & Company decreased their price objective on shares of Eversource Energy from $78.00 to $74.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Eversource Energy from $72.00 to $75.00 and gave the stock an “underweight” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $71.80.

Eversource Energy Trading Down 0.4%

ES traded down $0.25 during trading on Wednesday, hitting $68.65. 1,954,975 shares of the company’s stock were exchanged, compared to its average volume of 2,482,086. The stock has a 50 day moving average price of $70.71 and a 200 day moving average price of $70.03. Eversource Energy has a 1 year low of $59.40 and a 1 year high of $76.41. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 1.66. The firm has a market cap of $25.80 billion, a P/E ratio of 15.02, a price-to-earnings-growth ratio of 4.53 and a beta of 0.74.

Eversource Energy (NYSE:ES) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.14. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. The business had revenue of $4.50 billion for the quarter, compared to analysts’ expectations of $4.21 billion. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. As a group, analysts expect that Eversource Energy will post 4.72 EPS for the current fiscal year.

Insider Transactions at Eversource Energy

In other news, insider Cotton M. Cleveland sold 2,581 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $74.87, for a total transaction of $193,239.47. Following the transaction, the insider directly owned 79,364 shares of the company’s stock, valued at approximately $5,941,982.68. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John M. Moreira sold 7,800 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $73.90, for a total transaction of $576,420.00. Following the transaction, the executive vice president directly owned 43,269 shares in the company, valued at approximately $3,197,579.10. The trade was a 15.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 16,381 shares of company stock valued at $1,211,079. Corporate insiders own 0.18% of the company’s stock.

Institutional Trading of Eversource Energy

Several institutional investors have recently added to or reduced their stakes in the stock. First Growth Capital LLC acquired a new stake in Eversource Energy in the fourth quarter valued at $226,000. Corient Private Wealth LLC raised its holdings in Eversource Energy by 112.2% in the fourth quarter. Corient Private Wealth LLC now owns 129,597 shares of the utilities provider’s stock valued at $8,726,000 after acquiring an additional 68,517 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Eversource Energy by 19.4% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 85,659 shares of the utilities provider’s stock valued at $5,767,000 after acquiring an additional 13,940 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in Eversource Energy by 17.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 9,399 shares of the utilities provider’s stock valued at $633,000 after acquiring an additional 1,398 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Eversource Energy in the fourth quarter valued at $1,470,000. 79.99% of the stock is owned by institutional investors and hedge funds.

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.