Eversource Energy (ES) is likely to experience earnings growth, prompting potential investors to consider buying. This performance has helped the stock to outperform competitors on strong trading days. However, New York State Teachers Retirement System recently sold 13,877 shares of ES. Despite this, various financial advisers are enhancing their positions in ES, asserting that it is a quality dividend grower. Despite meeting Q2 earnings estimates, the company's return trends are not particularly appealing. Some Redditors are endorsing the clean energy stock of Eversource, noting its promising strategic investments in renewables. The company is carrying some debt, which is proving to be a burden, however its exit from offshore wind business might ensure a more focussed approach to other ventures. Insider trading at the company witnessed shares worth $1.9m being sold, hinting at possible weaknesses. Nevertheless, Eversource Energy's stock continues to outperform competitors. The energy company is due to discuss its quarterly results soon, with their projected loss expected to be $520M in Q3. The company's investment in sustainability makes it a leader in climate change mitigation. However, the last three years have been unprofitable for investors.
Eversource Energy ES News Analytics from Wed, 04 May 2022 07:00:00 GMT to Sat, 02 Nov 2024 11:06:47 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor -8
