Eversource Energy has been highlighted in numerous recent topics, presenting a mixed bag of news. The company's quarterly earnings have both exceeded and missed estimates, with a notable Q3 loss. Despite Q3 losses, the firm carried out strategic investments to navigate through the situation. Institutional investors remain a significant part of ES's ownership, with Oak Thistle LLC, Accurate Wealth Management LLC, Nordea Investment Management AB, and JPMorgan Chase & Co. recently expanding their stakes. Importantly, Eversource Energy continues to bolster its renewable energy footprint, notably acquiring property for a clean energy hub. However, the company's share performance has lagged in comparison to the market and peers, suffering a three-year loss. Investors continue to deal with uncertainties as the firm divested its offshore wind business and underperformed average expectations on its stock. Nevertheless, the company keeps working on its modernized grid ambitions, which could forge the path for future growth. Still, skepticism exists as an analyst began coverage on a bearish note due to the company's regulatory and credit risks. Despite these challenges, Eversource's commitment to sustainability was recognized for the sixth consecutive year as one of America's Most Responsible Companies.
Eversource Energy ES News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sat, 18 Jan 2025 09:19:00 GMT -
Rating -2
- Innovation -3
- Information 7
- Rumor -2
