Eversource Energy (ES) continues to make notable shifts, including increasing dividend payouts to $0.75 per share, thus rewarding its shareholders. Focusing on renewable energy and growth,
Eversource Energy plans to build a key property for a clean energy hub, although it recently sold Aquarion Water in a $2.4B deal to streamline operations. Additionally, Eversource Energy has been facing a challenging financial situation as it navigates losses, with its stock price getting lowered to $69.00 at Barclays and reports of a Q3 2024 loss of $(0.33) per share. Furthermore, institutional investors control 84% of
Eversource Energy which saw a slight stock increase of 3.6% last week. However, it's also worth noting that the past three years have not been profitable for the
Eversource Energy investors. Despite these hurdles, ES remains committed to scaling its grid enhancement initiatives and strengthening its focus on Electric and Gas businesses.
Eversource Energy ES News Analytics from Tue, 16 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 09:25:49 GMT -
Rating 0
- Innovation -5
- Information 3
- Rumor -3