Eversource Energy (ES) reportedly maintains long-term stability bolstered by institutional confidence, enjoying 86% institutional ownership and a favorable view among major investors. Despite underperforming against the Dow and Nasdaq, the company shows strong Q1 results. Regulatory risks appear to be a major concern, but ES benefits from a Mizuho price target raise to $72. As an undervalued regulated utility stock with Dividend Aristocrat Status, ES is recognized as a favorite for long-term growth. Further, there's an 18% upside potential and a 5.19% dividend yield. ES increases its dividend to $0.7525 while an ES executive sells a significant amount of stock. Regulatory risks and earnings challenges are noted, though strategic financial measures have been set to balance these. ES outperforms competitors on trading days and is a top 10 utility dividend stock. In Q4, ES exceeded earnings and revenues estimates showing strong revenue in Q1 2025. The projections suggest room for growth, despite its EVP selling common shares for $166,400. Notable mentions include a $1.2 Billion equity agreement, an increase in ES's dividend payout and a $2.4B sale of its water division. Missteps included a downgrade by JP Morgan and earnings missing by $0.01, despite top revenue estimates. Nevertheless, ES has started construction on a unique underground substation in the U.S and was listed as one of USA TODAY's Climate Leaders for 2025.
Eversource Energy ES News Analytics from Tue, 15 Oct 2024 07:00:00 GMT to Fri, 27 Jun 2025 17:54:48 GMT -
Rating 5
- Innovation 6
- Information 6
- Rumor 6
