KeyCorp Forecasts Eversource Energy’s Q3 Earnings (NYSE:ES)

Eversource Energy (NYSE:ES) – KeyCorp lifted their Q3 2026 earnings estimates for Eversource Energy in a research note issued on Monday, October 12th. KeyCorp analyst S. Karp now expects that the utilities provider will earn $1.04 per share for the quarter, up from their previous forecast of $1.03. The consensus estimate for Eversource Energy’s current full-year earnings is $4.64 per share. KeyCorp also issued estimates for Eversource Energy’s Q4 2026 earnings at $0.99 EPS, FY2026 earnings at $4.63 EPS, FY2028 earnings at $5.28 EPS, FY2029 earnings at $5.57 EPS and FY2030 earnings at $5.82 EPS.

Other analysts have also issued research reports about the stock. Weiss Ratings upgraded shares of Eversource Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, August 31st. BMO Capital Markets lowered their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Mizuho boosted their price objective on shares of Eversource Energy from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Capital One Financial set a $73.00 target price on Eversource Energy in a research note on Wednesday, July 1st. Finally, Citigroup reaffirmed a “hold” rating and issued a $81.00 target price on shares of Eversource Energy in a report on Monday, July 27th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Eversource Energy currently has a consensus rating of “Hold” and a consensus price target of $72.92.

Eversource Energy Stock Performance

Shares of Eversource Energy stock opened at $65.75 on Wednesday. The company has a 50 day moving average of $68.76 and a 200-day moving average of $69.89. Eversource Energy has a 1-year low of $62.72 and a 1-year high of $76.57. The company has a current ratio of 0.80, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company has a market cap of $24.77 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 2.87 and a beta of 0.67.

Eversource Energy (NYSE:ES) last released its earnings results on Thursday, July 30th. The utilities provider reported $0.87 EPS for the quarter, meeting the consensus estimate of $0.87. The firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.99 billion. Eversource Energy had a net margin of 10.35% and a return on equity of 11.33%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm earned $0.96 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS.

Institutional Trading of Eversource Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Man Group plc acquired a new position in Eversource Energy in the second quarter valued at $57,166,000. Integrated Wealth Concepts LLC grew its holdings in Eversource Energy by 55.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 55,071 shares of the utilities provider’s stock worth $3,980,000 after acquiring an additional 19,628 shares during the period. Wedge Capital Management L L P NC grew its holdings in Eversource Energy by 13.2% during the 2nd quarter. Wedge Capital Management L L P NC now owns 352,400 shares of the utilities provider’s stock worth $25,468,000 after acquiring an additional 40,993 shares during the period. Edgestream Partners L.P. acquired a new stake in Eversource Energy during the 1st quarter worth about $2,587,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Eversource Energy in the 2nd quarter worth about $8,176,000. Institutional investors own 79.99% of the company’s stock.

Eversource Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 21st were given a dividend of $0.7875 per share. This represents a $3.15 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, September 21st. Eversource Energy’s dividend payout ratio is currently 81.61%.

Eversource Energy Company Profile

Eversource Energy (NYSE: ES) is a diversified energy delivery company that operates regulated electric and natural gas utilities in the northeastern United States. Its businesses provide electricity and natural gas distribution, electric transmission, and related energy infrastructure services to residential, commercial, and industrial customers.

Eversource’s electric operations serve customers across Connecticut, Massachusetts, and New Hampshire, while its natural gas distribution businesses operate primarily in Connecticut and Massachusetts.