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 (EPS) guidance of 4.570-4.720 for the period, compared to the consensus EPS estimate of 4.650. The company issued revenue guidance of -.

Eversource Energy Trading Down 2.8%

Shares of NYSE ES traded down $2.08 during trading hours on Friday, hitting $71.76. 5,275,425 shares of the company traded hands, compared to its average volume of 1,967,265. 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 stock has a market capitalization of $26.99 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 5.45 and a beta of 0.70. The company’s 50 day moving average price is $71.83 and its 200 day moving average price is $70.76.

Eversource Energy (NYSE:ES) last released its earnings results on Thursday, July 30th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.87. The firm had revenue of $2.90 billion during 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 11.34%. The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business earned $0.96 EPS. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS. On average, equities research analysts anticipate that Eversource Energy will post 4.64 earnings per share for the current fiscal year.

Eversource Energy Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Scotiabank dropped their target price on shares of Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating on the stock in a research note on Tuesday, April 21st. Argus cut Eversource Energy from a “buy” rating to a “hold” rating in a research report on Friday, June 12th. Citigroup reissued a “hold” rating and issued a $81.00 price objective on shares of Eversource Energy in a report on Monday, July 27th. Seaport Research Partners downgraded Eversource Energy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Finally, BMO Capital Markets dropped their price target on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $72.58.

Insider Buying and Selling

In other Eversource Energy news, VP Gregory B. Butler sold 7,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $69.88, for a total value of $489,160.00. Following the transaction, the vice president directly owned 56,179 shares in the company, valued at $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.18% of the stock is owned by company insiders.

Eversource Energy News Summary

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

• Positive Sentiment: Eversource reaffirmed its fiscal 2026 recurring, non-GAAP EPS guidance of $4.57 to $4.72, broadly consistent with analysts’ expectations. Management’s earnings call also reinforced the company’s focus on regulated utility operations and its planned portfolio repositioning. Eversource Energy Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Second-quarter recurring earnings were $0.87 per share, in line with the primary analyst consensus, while revenue increased 2.3% year over year to $2.90 billion. However, revenue was below the roughly $2.99 billion expected by analysts. Eversource Energy Reports Second Quarter 2026 Results
• Negative Sentiment: GAAP earnings fell sharply to $53.7 million, or $0.14 per share, from $352.7 million, or $0.96 per share, a year earlier. 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 offshore wind liabilities. Although largely nonrecurring, the charges highlight execution and balance-sheet risks. Eversource Energy Q2 GAAP Earnings Fall
• Negative Sentiment: Adjusted earnings declined from $0.96 per share last year, and some estimates viewed the $0.87 result as a slight miss. The earnings decline and lower-than-expected revenue are likely the main reasons for the stock’s weaker performance after the report. Eversource Energy Misses Q2 Earnings and Revenue Estimates

Hedge Funds Weigh In On Eversource Energy

Several institutional investors have recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC purchased a new position in Eversource Energy in the fourth quarter valued at $28,000. Johnson Financial Group Inc. grew 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 during the last quarter. BOKF NA raised its holdings in shares of Eversource Energy by 23,700.0% in the third quarter. BOKF NA now owns 476 shares of the utilities provider’s stock valued at $34,000 after buying an additional 474 shares during the last quarter. DV Equities LLC acquired a new position in shares of Eversource Energy in the fourth quarter valued at approximately $35,000. Finally, Rossby Financial LCC increased its stake in shares of Eversource Energy by 218.7% during the fourth quarter. Rossby Financial LCC now owns 596 shares of the utilities provider’s stock worth $40,000 after acquiring an additional 409 shares during the period. 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.