What is Scotiabank’s Estimate for ES FY2026 Earnings?

Eversource Energy (NYSE:ES) – Research analysts at Scotiabank issued their FY2026 EPS estimates for Eversource Energy in a report released on Wednesday, January 8th. Scotiabank analyst A. Weisel expects that the utilities provider will post earnings per share of $5.12 for the year. Scotiabank has a “Sector Underperform” rating and a $56.00 price target on the stock. The consensus estimate for Eversource Energy’s current full-year earnings is $4.56 per share.

A number of other equities analysts have also weighed in on ES. BMO Capital Markets lowered their price objective on shares of Eversource Energy from $74.00 to $72.00 and set a “market perform” rating on the stock in a research report on Tuesday, October 15th. StockNews.com upgraded shares of Eversource Energy from a “sell” rating to a “hold” rating in a research report on Saturday, December 21st. Barclays boosted their target price on shares of Eversource Energy from $69.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 15th. Mizuho boosted their target price on shares of Eversource Energy from $62.00 to $73.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. Finally, Jefferies Financial Group began coverage on shares of Eversource Energy in a research report on Tuesday, December 3rd. They set an “underperform” rating and a $52.00 target price on the stock. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $68.38.

Eversource Energy Stock Performance

Shares of Eversource Energy stock opened at $56.73 on Friday. The firm’s fifty day simple moving average is $60.07 and its 200-day simple moving average is $62.89. The stock has a market capitalization of $20.79 billion, a price-to-earnings ratio of -36.13, a PEG ratio of 2.38 and a beta of 0.62. Eversource Energy has a 12 month low of $52.09 and a 12 month high of $69.01. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.86 and a quick ratio of 0.76.

Eversource Energy (NYSE:ES) last released its quarterly earnings data on Monday, November 4th. The utilities provider reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.05. Eversource Energy had a negative net margin of 4.73% and a positive return on equity of 10.90%. The company had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.06 billion. During the same quarter last year, the company earned $0.97 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis.

Eversource Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Wednesday, December 18th were issued a $0.715 dividend. This represents a $2.86 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend was Wednesday, December 18th. Eversource Energy’s dividend payout ratio is presently -182.17%.

Hedge Funds Weigh In On Eversource Energy

Institutional investors and hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group purchased a new position in shares of Eversource Energy during the 3rd quarter valued at approximately $31,000. Ashton Thomas Securities LLC purchased a new position in shares of Eversource Energy during the 3rd quarter valued at approximately $32,000. UMB Bank n.a. boosted its stake in shares of Eversource Energy by 62.9% during the 3rd quarter. UMB Bank n.a. now owns 513 shares of the utilities provider’s stock valued at $35,000 after buying an additional 198 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Eversource Energy by 162.0% during the 3rd quarter. Larson Financial Group LLC now owns 566 shares of the utilities provider’s stock valued at $38,000 after buying an additional 350 shares during the last quarter. Finally, MFA Wealth Advisors LLC purchased a new position in shares of Eversource Energy during the 3rd quarter valued at approximately $48,000. Hedge funds and other institutional investors own 79.99% of the company’s stock.

Eversource Energy Company Profile

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.