Eversource Energy

Eversource Energy

ES

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Market Cap$26.92B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Eversource EnergyEversource Energy18.54.3%9%1.91.8

Earnings Call Q2 2026

July 31, 2026 - AI Summary

Solid Q2 performance; guidance reaffirmed - Q2 recurring (non-GAAP) EPS: $0.87, in line with expectations; long-term EPS growth target reaffirmed at 5%–7%. - GAAP EPS was lower ($0.14) due to major one-time items: (i) $111.4M after-tax Aquarion carrying value charge from closing the sale and (ii) $164M after-tax offshore wind contingent liability increase. - Challenge: recurring EPS down vs prior year ($0.96) mainly from lower Transmission earnings (FERC base ROE reduction) and Gas Distribution (prior-year benefit), partially offset by higher Electric Distribution revenues.
Strategic portfolio shift: Aquarion sale completed (good + financial flexibility) - Aquarion sale closed June 30, generating net proceeds of ~$1.7B, enabling debt displacement at the parent level. - Management positions Eversource as a “pure play” regulated pipes-and-wires utility focused on core electric & gas across New England. - Forecast/outlook: management said no change to financing plans from the sale; expects no equity issuance for the remainder of 2020. - Opportunity: strengthens balance sheet to fund infrastructure while maintaining flexibility.
Offshore wind / Revolution Wind: uncertainty reduced but not fully gone (surprising risk item) - Project near completion: management stated over 95% complete, “in the final 5-yard line,” with commercial operation expected later this year. - Additional contingent liability recorded in Q2: $164M after-tax due to cost increases tied to two stop-work orders, including vessel remobilization. - Expectation: company expects no further major uncertainty—installation components are said to be straightforward and they’re ramping power output (over 300 MW currently, moving toward 704 MW).

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$73.67

Target Price by Analysts

2.9% upsideEversource Energy Target Price DetailsTarget Price
$-20.75

Current Fair Value

129% downside

Overvalued by 129% based on the discounted cash flow analysis.

Share Statistics

Market cap$26.92 Billion
Enterprise Value$56.99 Billion
Dividend Yield$3.08 (4.30%)
Earnings per Share$4.56
Beta0.71
Outstanding Shares376,488,004

Return

Return on Equity8.77%ROE
Return on Assets2.24%
Return on Invested Capital5.18%

Valuation & Multiples

P/E Ratio18.55P/E Ratio
PEG-21.88PEG
Price to Sales1.93Price to Sales
Price to Book Ratio1.63Price to Book Ratio
Enterprise Value to Revenue4.07
Enterprise Value to EBIT19.46
Enterprise Value to Net Income39
Total Debt to Enterprise0.53
Debt to Equity1.84Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$0.87
Average shareholder expectation
Revenue Estimate
$2.99 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 3, 2026
EPS Estimate
$1.02
Average shareholder expectation
Revenue Estimate
$3.29 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 131.01%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.76%▼ 78.55%
Total Invested$1.29B▼ 94.05%
Investors Holding458▼ 626.00%

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.