Eversource Energy (ES), a top-ranked US utility provider, generates strong interest among investors, with institutional holders possessing 86% of company shares. Despite the company being undervalued in the market, it offers a substantial dividend yield, making it a favorite for income-focused investors. Various analysts consider it as one of the best utility stocks to buy, predicting growth in its financial performance. ES has announced key earning release dates which have sparked interest among investors and stakeholders. Amidst regulatory challenges and offshore wind uncertainties, ES has displayed strong Q1 results, strategic investments, and steady earnings even with the market's volatility. Meanwhile, there's potential for an 18% price increase with a 5.19% dividend yield, as
Eversource Energy ventures deeper into the clean energy transition. ES also plans a US$1.2 billion follow-on equity offering and widespread infrastructure expansion, aiming to become a solid power utility stock. There are, however, some reports of ES stock underperforming against the Dow, Nasdaq, and S&P 500. Despite this,
Eversource continues to display regulatory resilience and adaptability, with continued growth and strategic financial measures.
Eversource Energy ES News Analytics from Mon, 09 Sep 2024 07:00:00 GMT to Fri, 11 Jul 2025 06:42:33 GMT -
Rating 7
- Innovation 5
- Information 7
- Rumor 2
