Eversource Energy (ES) is making strategic moves in the market, with actions such as a follow-on equity offering, achieving returns being the focus. The company has had strong sales growth, reportedly outperforming the market in utility dividends, showcasing resilience amidst fluctuating market conditions. ES launched a US$1.2 billion follow-on equity offering and entered into a new equity agreement. Analyst predictions show a potential upside of about 9.73%. ES saw a 3.81% stock price increase on May 20. They have achieved match estimates in their Q1 2025 earnings. Future growth seems promising as they have the potential for an 18% upside and a 5.19% dividend yield, nearing the prestigious status of Dividend Aristocrat. The last few years, however, have not been profitable for ES investors. Their Q1 2025 report highlighted strategic investments and steady revenues. The company has continued to invest and grow, retaining their position as a Top 10 Utility Dividend Stock. Their stock is one of the best utility stocks to buy according to analysts and hedge fund managers.
Eversource Energy ES News Analytics from Sat, 27 Jul 2024 07:00:00 GMT to Sat, 31 May 2025 17:17:04 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 2
