Eversource Energy (ES) has been a topic of considerable interest lately, following a recent pullback in the share price and a revision of its valuation. The steady declaration of dividends, with the latest sat at $0.7525, indicates a robust financial strategy. However, a setback occurred when Connecticut regulators rejected the sale of their water subsidiary, causing the stock to plunge. Despite this, myriad major investment firms and retirement funds have been growing their stakes, signaling potential long-term prospects. Notably, financial entities like Vinva Investment Management Ltd and Korea Investment CORP have invested healthy sums in ES. Multiple investment research firms, including Jefferies and Mizuho, have revised their price targets and outlook on ES. Furthermore, ES's dividends and their stability and growth strategy have received positive commentary. In contrast, the denial of the water unit sale led to a few downgrades. This tumultuous period is expected to transform into a noteworthy opportunity, as many investors and analysts see the energy company as promising for growth and long-term value. Despite this optimism, some challenges remain, particularly the financing issues arising from failed Aquarion proceeds.
Eversource Energy ES News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Fri, 05 Dec 2025 21:53:58 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 2
