What is Seaport Res Ptn’s Estimate for ES FY2026 Earnings?

Eversource Energy (NYSE:ES) – Investment analysts at Seaport Res Ptn lifted their FY2026 earnings per share (EPS) estimates for shares of Eversource Energy in a report issued on Monday, January 6th. Seaport Res Ptn analyst A. Storozynski now expects that the utilities provider will earn $5.06 per share for the year, up from their prior forecast of $5.05. The consensus estimate for Eversource Energy’s current full-year earnings is $4.56 per share. Seaport Res Ptn also issued estimates for Eversource Energy’s FY2027 earnings at $5.38 EPS.

ES has been the topic of a number of other research reports. StockNews.com upgraded shares of Eversource Energy from a “sell” rating to a “hold” rating in a report on Saturday, December 21st. Barclays raised their target price on Eversource Energy from $69.00 to $72.00 and gave the company an “equal weight” rating in a report on Tuesday, October 15th. BMO Capital Markets decreased their price target on Eversource Energy from $74.00 to $72.00 and set a “market perform” rating for the company in a research note on Tuesday, October 15th. Scotiabank downgraded Eversource Energy from a “sector perform” rating to a “sector underperform” rating and cut their price objective for the company from $66.00 to $56.00 in a research note on Thursday, December 12th. Finally, Jefferies Financial Group began coverage on Eversource Energy in a research report on Tuesday, December 3rd. They set an “underperform” rating and a $52.00 target price for the company. 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 MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $68.38.

Eversource Energy Price Performance

Shares of ES opened at $56.13 on Wednesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.76 and a current ratio of 0.86. The firm has a market cap of $20.57 billion, a PE ratio of -35.75, a PEG ratio of 2.38 and a beta of 0.62. Eversource Energy has a twelve month low of $52.09 and a twelve month high of $69.01. The firm’s 50 day moving average price is $60.43 and its 200 day moving average price is $62.97.

Eversource Energy (NYSE:ES) last posted its quarterly earnings results 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. The company had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.06 billion. Eversource Energy had a positive return on equity of 10.90% and a negative net margin of 4.73%. The business’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned $0.97 EPS.

Eversource Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Wednesday, December 18th were paid a dividend of $0.715 per share. This represents a $2.86 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend was Wednesday, December 18th. Eversource Energy’s payout ratio is currently -182.17%.

Institutional Trading of Eversource Energy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Landscape Capital Management L.L.C. lifted its stake in shares of Eversource Energy by 46.9% in the third quarter. Landscape Capital Management L.L.C. now owns 31,605 shares of the utilities provider’s stock valued at $2,151,000 after buying an additional 10,093 shares during the period. Soltis Investment Advisors LLC acquired a new position in Eversource Energy in the 3rd quarter valued at approximately $3,616,000. Toronto Dominion Bank lifted its position in shares of Eversource Energy by 23.2% in the 2nd quarter. Toronto Dominion Bank now owns 134,647 shares of the utilities provider’s stock worth $7,636,000 after acquiring an additional 25,377 shares during the period. State Street Corp grew its holdings in shares of Eversource Energy by 1.7% during the 3rd quarter. State Street Corp now owns 25,539,895 shares of the utilities provider’s stock worth $1,737,990,000 after purchasing an additional 430,587 shares in the last quarter. Finally, Banque Cantonale Vaudoise increased its position in shares of Eversource Energy by 94.0% during the third quarter. Banque Cantonale Vaudoise now owns 57,425 shares of the utilities provider’s stock valued at $3,908,000 after purchasing an additional 27,817 shares during the period. 79.99% of the stock is currently owned by institutional investors and hedge funds.

About Eversource Energy

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.