Eversource Energy

Eversource Energy

ES

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Market Cap$25.67B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Eversource EnergyEversource Energy14.74.51%11%1.81.8

Earnings Call Q1 2026

May 7, 2026 - AI Summary

Strong operational start + major storm resilience (good/surprising): The company highlighted February’s nor’easter (~40 inches snow; 70+ mph gusts) as a proving event—2,000+ safety-related events handled and power restored to 500k+ customers. Management attributes this to grid investment and emergency preparedness, supporting confidence in reliability execution going forward.
Balance-sheet “derisking” priorities remain in motion (key outlook): - Aquarion sale: PURA granted final approval in March 2026, but closing is still pending until the additional appeal period ends mid-June 2026 (no “gun to head”; they will watch appeals but are prepared either way). - Revolution Wind: Project is reported ~95% complete, with COD still expected in 2H 2026. - Impact on earnings/strategy: Management signaled that these items affect financing timing and risk planning, but they do not indicate urgent need to rush equity.
Big negative: FERC transmission ROE decision + earnings hit (most important bad point): - FERC (March 19, 2026) arbitrarily reduced base transmission ROE from 10.57% → 9.57%; Eversource booked an after-tax charge of $43.9M (~$0.12/share) for the first 15-month refund period. - 2026 guidance revised down: Excluding the FERC charge, non-GAAP EPS was $1.73 in Q1; for full-year 2026, non-GAAP EPS guidance was revised to $4.57–$4.72/share (reflecting both ROE impact and Aquarion-sale expectation). - What they’re doing: filed motions/stay + rehearing and submitted a Section 205 filing using updated market data, targeting a base ROE of 11.39% (and raising a ROE cap to 12.89%). Expectation is the new rate could be implemented subject to refund toward end of year.

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$76.43

Target Price by Analysts

12.1% upsideEversource Energy Target Price DetailsTarget Price
$-15.54

Current Fair Value

122.8% downside

Overvalued by 122.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$25.67 Billion
Enterprise Value$55.74 Billion
Dividend Yield$3.08 (4.51%)
Earnings per Share$4.56
Beta0.75
Outstanding Shares376,026,090

Return

Return on Equity10.58%ROE
Return on Assets2.70%
Return on Invested Capital5.20%

Valuation & Multiples

P/E Ratio14.68P/E Ratio
PEG144.27PEG
Price to Sales1.84Price to Sales
Price to Book Ratio1.55Price to Book Ratio
Enterprise Value to Revenue4
Enterprise Value to EBIT18.96
Enterprise Value to Net Income31
Total Debt to Enterprise0.54
Debt to Equity1.84Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 7, 2026
EPS Estimate
$1.49
Average shareholder expectation
Revenue Estimate
$4.12 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 30, 2026
EPS Estimate
$0.98
Average shareholder expectation
Revenue Estimate
$3.17 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.3101 29.97%
Total Calls1,838,850 47.82%
Total Puts2,409,000 20.30%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %83.37% 1.35%
Total Invested$21.67B 1.19%
Investors Holding1,074 27.00%

ESG Score

No data

About Eversource Energy

8,084 employees
CEO: James Judge

Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.3 million customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top U.S. utility for its energy efficiency program...

Relevant Senate Committees

Joint Committee on Taxation

Working closely with the Finance Committee, this committee provides the essential analysis and 'scoring' for all tax legislation. Its influence directly shapes the corporate tax environment, affecting Eversource's financial structure and investment incentives.

Finance

This powerful committee controls taxation and trade. Its decisions on corporate tax rates, investment credits, and other fiscal policies directly impact Eversource's profitability, capital expenditure planning, and overall valuation.

Appropriations

This committee directly allocates federal discretionary spending. Its decisions can fund infrastructure projects, energy research, or environmental initiatives that directly impact Eversource's capital investments and operational subsidies.

Energy and Natural Resources

This committee oversees national energy policy, public lands, and the Department of Energy. It directly impacts the regulations, development, and infrastructure for natural gas and electricity, which are Eversource's core businesses.

Environment and Public Works

This committee directly regulates the EPA and Nuclear Regulatory Commission (NRC). Given Eversource's industry is 'Nuclear Electric Power Generation' and its extensive infrastructure, this committee's oversight on environmental regulations and nuclear safety is highly relevant.