company background image
ES

Eversource Energy NYSE:ES Stock Report

Last Price

US$93.11

Market Cap

US$32.3b

7D

3.0%

1Y

3.0%

Updated

13 Aug, 2022

Data

Company Financials +
ES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends4/6

ES Stock Overview

Eversource Energy, a public utility holding company, engages in the energy delivery business.

Eversource Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Eversource Energy
Historical stock prices
Current Share PriceUS$93.11
52 Week HighUS$94.63
52 Week LowUS$77.07
Beta0.46
1 Month Change11.54%
3 Month Change4.22%
1 Year Change2.95%
3 Year Change18.40%
5 Year Change47.65%
Change since IPO311.54%

Recent News & Updates

Jul 26

Eversource Energy: Expensive Valuation With A History Of Earnings Misses

The Utilities sector was a popular play through much of 1H22 as investors found stability in the value theme. Eversource Energy is a steady, dividend-paying, firm, but looks expensive given a high P/E ratio. Ahead of Q2 earnings on Thursday, the market expects a somewhat small move on this rangebound stock. The Utilities sector had a remarkable first half of 2022 compared to the S&P 500’s weak start. Investors found some safety in the relative stability of power generation companies that also pay out steady dividends. Moreover, the value theme featured significant alpha relative to growth through mid-June. Lately, however, high-duration plays have made a comeback. The Utilities Select Sector SPDR Fund (XLU) has retreated on both an absolute and relative basis since late in Q2 and earlier this month. Utilities Giving Up Relative Strength Stockcharts.com Within the “utes” space is Eversource Energy (ES). According to Bank of America Global Research, Eversource is a regulated utility company providing electric and gas distribution as well as electric transmission services to customers in CT, MA, and NH. It also owns a water utility (Aquarion) which serves the same three states. According to The Wall Street Journal, the $30 billion market cap stock features a dividend yield of 3.0%. Eversource is not a cheap stock – like so many utility companies at the moment. According to data from Koyfin Charts, its forward P/E ratio is above 20. That’s significantly above the stock’s 20-year average valuation which is near 16-times next 12-month earnings. ES's Price-to-Earnings Multiple History: Richly Valued Today Koyfin Charts Analysts at BofA see steady growth in Eversource's earnings per share. Assuming 6% to 7% annual earnings increases through 2024, if the stock price stays the same, its earnings multiple would contract to 19 – still high. Its yield is forecast to be steady around 3%. Unfortunately, free cash flow may be negative through the next two full calendar years. Eversource Energy's EPS, Valuation, Dividend Yield Forecasts BofA Global Research Corporate event data from Wall Street Horizon shows a confirmed earnings date of Thursday, July 28, AMC with a conference call the following morning. Eversource's Corporate Event Calendar: Earnings Date On Tap Wall Street Horizon Earnings Calendar Wall Street Horizon

Jul 09
Eversource Energy (NYSE:ES) Is Reinvesting At Lower Rates Of Return

Eversource Energy (NYSE:ES) Is Reinvesting At Lower Rates Of Return

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

May 24
A Look At The Intrinsic Value Of Eversource Energy (NYSE:ES)

A Look At The Intrinsic Value Of Eversource Energy (NYSE:ES)

Today we will run through one way of estimating the intrinsic value of Eversource Energy ( NYSE:ES ) by taking the...

Shareholder Returns

ESUS Electric UtilitiesUS Market
7D3.0%3.4%3.2%
1Y3.0%8.3%-10.2%

Return vs Industry: ES underperformed the US Electric Utilities industry which returned 8.3% over the past year.

Return vs Market: ES exceeded the US Market which returned -10.1% over the past year.

Price Volatility

Is ES's price volatile compared to industry and market?
ES volatility
ES Average Weekly Movement3.4%
Electric Utilities Industry Average Movement3.4%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

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

FoundedEmployeesCEOWebsite
n/a9,227Joe Nolanhttps://www.eversource.com

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

How do Eversource Energy's earnings and revenue compare to its market cap?
ES fundamental statistics
Market CapUS$32.26b
Earnings (TTM)US$1.33b
Revenue (TTM)US$10.96b

24.3x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ES income statement (TTM)
RevenueUS$10.96b
Cost of RevenueUS$5.84b
Gross ProfitUS$5.12b
Other ExpensesUS$3.79b
EarningsUS$1.33b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.83
Gross Margin46.69%
Net Profit Margin12.09%
Debt/Equity Ratio140.8%

How did ES perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

65%

Payout Ratio