FY2026 EPS Estimates for Eversource Energy Cut by Scotiabank

Eversource Energy (NYSE:ES) – Stock analysts at Scotiabank dropped their FY2026 earnings per share estimates for Eversource Energy in a research note issued on Thursday, February 19th. Scotiabank analyst A. Weisel now anticipates that the utilities provider will post earnings per share of $4.86 for the year, down from their previous estimate of $5.02. Scotiabank currently has a “Sector Underperform” rating and a $63.00 target price on the stock. The consensus estimate for Eversource Energy’s current full-year earnings is $4.75 per share. Scotiabank also issued estimates for Eversource Energy’s FY2027 earnings at $5.16 EPS.

Eversource Energy (NYSE:ES) last announced its earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. The firm had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. Eversource Energy had a return on equity of 11.18% and a net margin of 12.49%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.01 EPS. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS.

ES has been the subject of several other reports. Mizuho upped their target price on shares of Eversource Energy from $69.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Eversource Energy in a research report on Wednesday, January 28th. BMO Capital Markets lifted their target price on Eversource Energy from $75.00 to $79.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 17th. Wells Fargo & Company upgraded Eversource Energy from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $71.00 to $78.00 in a research note on Tuesday, February 17th. Finally, Jefferies Financial Group reiterated an “underperform” rating on shares of Eversource Energy in a research report on Monday, November 24th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $73.90.

Eversource Energy Stock Down 0.1%

ES opened at $73.59 on Friday. The business has a 50 day moving average of $69.00 and a 200-day moving average of $68.71. The stock has a market capitalization of $27.63 billion, a price-to-earnings ratio of 16.10, a P/E/G ratio of 3.17 and a beta of 0.77. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 1.66. Eversource Energy has a 1-year low of $52.28 and a 1-year high of $75.25.

Institutional Investors Weigh In On Eversource Energy

Hedge funds have recently made changes to their positions in the company. United Asset Strategies Inc. boosted its position in Eversource Energy by 1.0% in the third quarter. United Asset Strategies Inc. now owns 13,288 shares of the utilities provider’s stock valued at $945,000 after buying an additional 138 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Eversource Energy by 1.0% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 14,831 shares of the utilities provider’s stock valued at $999,000 after acquiring an additional 140 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Eversource Energy by 1.1% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,287 shares of the utilities provider’s stock worth $895,000 after acquiring an additional 142 shares in the last quarter. Mystic Asset Management Inc. grew its position in Eversource Energy by 0.9% during the 3rd quarter. Mystic Asset Management Inc. now owns 16,549 shares of the utilities provider’s stock worth $1,177,000 after acquiring an additional 150 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC grew its position in Eversource Energy by 1.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 11,988 shares of the utilities provider’s stock worth $807,000 after acquiring an additional 160 shares during the last quarter. Institutional investors and hedge funds own 79.99% of the company’s stock.

Insider Buying and Selling

In related news, EVP John M. Moreira sold 7,800 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $73.90, for a total transaction of $576,420.00. Following the completion of the transaction, the executive vice president owned 43,269 shares in the company, valued at $3,197,579.10. This trade represents a 15.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Y. Kim sold 6,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $73.57, for a total value of $441,420.00. Following the completion of the sale, the insider directly owned 12,339 shares in the company, valued at approximately $907,780.23. This represents a 32.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.41% of the company’s stock.

Eversource Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 5th will be paid a $0.7875 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.15 annualized dividend and a dividend yield of 4.3%. This is an increase from Eversource Energy’s previous quarterly dividend of $0.75. Eversource Energy’s dividend payout ratio is currently 65.86%.

Key Eversource Energy News

Here are the key news stories impacting Eversource Energy this week:

• Positive Sentiment: Wells Fargo upgraded Eversource, which can support the stock by attracting buyers and validating earnings/growth expectations. Article Title
• Positive Sentiment: BMO Capital Markets expressed a positive view that the stock price is expected to rise — another bullish analyst note that can help demand. Article Title
• Positive Sentiment: Mizuho published commentary expecting the stock to rise (separate from its hold stance in another report), which can lend incremental support from discretionary buyers. Article Title
• Neutral Sentiment: Mizuho also reiterated a Hold rating in a different note — a neutral stance that suggests limited conviction to drive big moves. Article Title
• Negative Sentiment: Scotiabank cut FY2026 and FY2027 EPS estimates (FY26: from $5.02 to $4.86; FY27: from $5.30 to $5.16), kept a Sector Underperform / $63 target and issued a sell — downward revisions and a low target can pressure the stock and investor sentiment. Article Title
• Negative Sentiment: Two insiders executed large open‑market sales on Feb 19: EVP John M. Moreira sold 7,800 shares at about $73.90 (SEC filing) and director John Y. Kim sold 6,000 shares at about $73.57 (SEC filing). Large insider sales — especially when they materially reduce ownership — can be read negatively by the market even if proceeds are for diversification. Moreira SEC Filing Kim SEC Filing

Eversource Energy Company Profile

Eversource Energy (NYSE: ES) is a publicly traded, regulated energy company headquartered in Hartford, Connecticut. The company’s core business is the delivery and transmission of electricity and natural gas to residential, commercial and industrial customers across parts of New England. Eversource operates transmission and distribution networks, maintains electrical infrastructure, responds to outages and storms, and manages natural gas pipeline and distribution systems in the regions it serves.

Eversource serves customers primarily in Connecticut, Massachusetts and New Hampshire, operating through locally regulated utility subsidiaries that administer customer service, billing, meter reading and localized operations.