Eversource Energy (ES) seemingly presents a mixed bag of developments in the recent period. The company has consistently grown as a
dividend aristocrat, enhancing shareholder value, boasting a strong EPS growth, and attracting substantial institutional investor interest of around 84%. Furthermore, the company has won significant recognition on hiring
Veteran talent and was recently named
Time's #1 U.S. Utility. Their strategic investments, green energy projects, and
sale of Aquarion Water Company for $2.4B also indicate assertive moves towards restructuring. However, it has not been an entirely smooth ride; the company faces potential
tariff and recession risks, whilst the sales of major assets reveal underlying challenges. Stock performance has not been profitable, particularly over the past three years, and the stock has been generally underperforming in the Nasdaq. However, their commitment to
sustainable energy solutions and planned development of a unique underground substation bolster their innovative stance. Nevertheless, the EPS growth, strategic investments, and strong foothold in the utility sector are definitely watch points for investors. It's certainly a mixed outlook but one that is perhaps more skewed towards optimism with calculated risks.
Eversource Energy ES News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Fri, 11 Apr 2025 16:21:36 GMT -
Rating 2
- Innovation 6
- Information 7
- Rumor -3
