Eversource Energy (ES), a regulated utility company, has been the subject of extensive coverage recently. It has made strategic moves in the market such as asset sales and dividends declarations that are of interest to investors. On one hand, the company is praised as a low-profile dividend champion, recognized as one of the last undervalued regulated utilities, and one of the best utility stocks to buy according to analysts. ES's strong earnings per share (EPS) growth, and strategic investments are highlighted, indicating a positive financial performance. However, sentiments around ES are mixed, as illustrated by the stock's performance battling underperformance despite surpassing Q3 earnings and revenue estimates. The company's downgrading by JP Morgan and increasing recession risks pose noteworthy challenges. ES's short interest and technical measures indicate market attention, but sentiments appear to be eluding the company. Still, the company boasts significant recognition and achievements, such as being ranked America's #1 utility by TIME, receiving the VETS Indexes 3 Star Employer Award, leading veteran employment, and getting recognized among America's Most Responsible Companies. Finally, the potentially transformative $2.4B sale of Aquarion Water Company, which may alter the New England utilities landscape, is a significant part of the narrative.
Eversource Energy ES News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Fri, 18 Apr 2025 13:37:05 GMT -
Rating 3
- Innovation 2
