Wall Street is closely watching
Eversource Energy's (ES) performance. Its Q1 2025 results highlight
strategic investments, steady growth and an earnings projection that matches estimates. There's a noted anticipation for an
18% upside potential and a
5.19% dividend yield, strengthening ES's status as a desirable utility stock. This is supported by ES's consistent dividend payout and its potential ascension to a
dividend aristocrat. ES's
first-quarter results also marked a rise in revenue, with a 9.2% beat on analyst estimates, displaying its resilience amidst market challenges. However, questions surrounding the company's recent
technical measure and Nasdaq performance have arisen. Meanwhile, anticipation builds up for its upcoming earnings report with the shareholder meeting in view. On a positive note, the company demonstrated
renewed technical strength and solid results for Q4 of 2024, including an infrastructure expansion costing $1.63B. Revenues from the first quarter align with estimates. Furthermore, ES is nearing the status of the
dividend aristocrat and is recognized as an undervalued regulated utility. It's worth noting that the
company's stock remains predominantly in the hands of institutional shareholders controlling 86% of the company.
Eversource Energy ES News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Mon, 12 May 2025 13:11:00 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
