Eversource Energy, a public utility holding company, engages in the energy delivery business.
Eversource Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$82.67|
|52 Week High||US$76.64|
|52 Week Low||US$96.66|
|1 Month Change||-8.44%|
|3 Month Change||2.96%|
|1 Year Change||0.23%|
|3 Year Change||34.55%|
|5 Year Change||52.58%|
|Change since IPO||265.39%|
Recent News & Updates
Calculating The Fair Value Of Eversource Energy (NYSE:ES)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Eversource Energy...
Eversource Energy: A Progressive Utility With Growing Earnings
Eversource Energy has very ambitious carbon-neutral goals. Its earnings are growing. ES has a long-term EPS growth rate target from existing core regulated business in upper half of 5-7 percent, using the $3.64 per share earned in 2020 as base.
Eversource Energy's (NYSE:ES) Returns Have Hit A Wall
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
|ES||US Electric Utilities||US Market|
Return vs Industry: ES underperformed the US Electric Utilities industry which returned 13.3% over the past year.
Return vs Market: ES underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: ES is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ES's weekly volatility (3%) has been stable over the past year.
About the Company
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.
Eversource Energy Fundamentals Summary
|ES fundamental statistics|
Is ES overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ES income statement (TTM)|
|Cost of Revenue||US$4.80b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.63|
|Net Profit Margin||13.11%|
How did ES perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Eversource Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ES ($82.67) is trading above our estimate of fair value ($70.96)
Significantly Below Fair Value: ES is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ES is poor value based on its PE Ratio (22.7x) compared to the US Electric Utilities industry average (21.5x).
PE vs Market: ES is poor value based on its PE Ratio (22.7x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: ES is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: ES's PB Ratio (2x) is in line with the US Electric Utilities industry average.
How is Eversource Energy forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ES's forecast earnings growth (9.3% per year) is above the savings rate (2%).
Earnings vs Market: ES's earnings (9.3% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: ES's earnings are forecast to grow, but not significantly.
Revenue vs Market: ES's revenue (5.3% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: ES's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ES's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Eversource Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ES has high quality earnings.
Growing Profit Margin: ES's current net profit margins (13.1%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: ES's earnings have grown by 5.4% per year over the past 5 years.
Accelerating Growth: ES's earnings growth over the past year (8%) exceeds its 5-year average (5.4% per year).
Earnings vs Industry: ES earnings growth over the past year (8%) exceeded the Electric Utilities industry 1.6%.
Return on Equity
High ROE: ES's Return on Equity (8.7%) is considered low.
How is Eversource Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ES's short term assets ($3.3B) do not cover its short term liabilities ($5.1B).
Long Term Liabilities: ES's short term assets ($3.3B) do not cover its long term liabilities ($27.7B).
Debt to Equity History and Analysis
Debt Level: ES's debt to equity ratio (132.5%) is considered high.
Reducing Debt: ES's debt to equity ratio has increased from 97.3% to 132.5% over the past 5 years.
Debt Coverage: ES's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: ES's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Eversource Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ES's dividend (2.92%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: ES's dividend (2.92%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: ES's dividends per share have been stable in the past 10 years.
Growing Dividend: ES's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.4%), ES's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ES's dividends in 3 years are forecast to be covered by earnings (62% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Nolan (57 yo)
Mr. Joseph R. Nolan Jr., also known as Joe, serves as chairman of The Connecticut Light and Power Company since May 5, 2021. He serves as President, CEO and Board of Trustees at Eversource Energy since Ma...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD5.05M) is below average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Experienced Management: ES's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: ES's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ES insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Eversource Energy's employee growth, exchange listings and data sources
- Name: Eversource Energy
- Ticker: ES
- Exchange: NYSE
- Founded: NaN
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$28.409b
- Shares outstanding: 343.64m
- Website: https://www.eversource.com
Number of Employees
- Eversource Energy
- 300 Cadwell Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 22:08|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.