Eversource Energy (ES), a power company focusing on clean, sustainable energy, has consistently reported robust Q1 2025 results. Their revenue surged to $4.1B in Q1 with growth seen in all core segments. The company's profits were reportedly up due to higher electricity rates, and despite some market analyses labeling it as underperforming versus competitors, ES attracts analysts as being among the best utility stocks to buy. Its dividend has maintained performance, making ES an attractive dividend stock option. ES has also received recognition for hiring over 800 military veterans, enhancing shareholder value through dividend hikes, and demonstrating considerable resilience in overcoming regulatory hurdles and asset sales. Some of the strategic decisions, including the sale of Aquarion Water Company for $2.4B and the launch of the unique underground substation project in Cambridge, are to be noted. Despite minor setbacks, the company commands the faith of Wall Street and is largely controlled by institutional shareholders owning 86% of the company.
Eversource Energy ES News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Sat, 03 May 2025 12:21:54 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -6
