FY2026 EPS Forecast for Eversource Energy Reduced by Analyst

Eversource Energy (NYSE:ES) – Equities researchers at KeyCorp decreased their FY2026 earnings estimates for Eversource Energy in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now expects that the utilities provider will post earnings per share of $4.67 for the year, down from their previous estimate of $4.90. The consensus estimate for Eversource Energy’s current full-year earnings is $4.66 per share.

Several other equities analysts have also recently issued reports on ES. Bank of America restated a “buy” rating and set a $72.00 price objective on shares of Eversource Energy in a research note on Wednesday, April 22nd. Seaport Research Partners lowered shares of Eversource Energy from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Scotiabank dropped their target price on shares of Eversource Energy from $66.00 to $63.00 and set a “sector underperform” rating on the stock in a report on Tuesday, April 21st. Argus downgraded shares of Eversource Energy from a “buy” rating to a “hold” rating in a research report on Friday, June 12th. Finally, Capital One Financial set a $73.00 price target on shares of Eversource Energy in a research report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Eversource Energy currently has an average rating of “Hold” and a consensus price target of $71.82.

Eversource Energy Trading Up 0.1%

NYSE:ES opened at $74.96 on Monday. Eversource Energy has a 52 week low of $61.53 and a 52 week high of $76.41. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 1.62. The company has a market cap of $28.19 billion, a PE ratio of 16.02, a P/E/G ratio of 4.95 and a beta of 0.70. The business’s 50 day moving average is $71.33 and its two-hundred day moving average is $70.54.

Eversource Energy (NYSE:ES) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.14. Eversource Energy had a return on equity of 11.59% and a net margin of 12.55%.The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same period last year, the firm earned $1.50 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.570-4.720 EPS.

Eversource Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, May 18th were given a dividend of $0.7875 per share. The ex-dividend date was Monday, May 18th. This represents a $3.15 dividend on an annualized basis and a yield of 4.2%. Eversource Energy’s payout ratio is currently 67.31%.

Insider Transactions at Eversource Energy

In related news, VP Gregory B. Butler sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total transaction of $489,160.00. Following the completion of the transaction, the vice president owned 56,179 shares in the company, valued at $3,925,788.52. The trade was a 11.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.18% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Eversource Energy

A number of hedge funds have recently added to or reduced their stakes in ES. Lodestone Wealth Management LLC acquired a new position in shares of Eversource Energy during the fourth quarter valued at $25,000. Elevation Wealth Partners LLC increased its holdings in shares of Eversource Energy by 220.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 349 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 240 shares during the period. Activest Wealth Management increased its holdings in shares of Eversource Energy by 2,337.5% in the 4th quarter. Activest Wealth Management now owns 390 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 374 shares during the period. TFC Financial Management Inc. lifted its position in Eversource Energy by 2,857.1% in the 4th quarter. TFC Financial Management Inc. now owns 414 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 400 shares during the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Eversource Energy in the 4th quarter valued at about $28,000. 79.99% of the stock is currently owned by institutional investors.

Eversource Energy News Roundup

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

• Positive Sentiment: KeyCorp reiterated a constructive long-term view by forecasting steady earnings growth for Eversource, including $4.97 EPS in FY2027, $5.29 in FY2028, $5.66 in FY2029, and $6.00 in FY2030, which suggests improving profit power over time.
• Neutral Sentiment: KeyCorp’s latest quarterly estimates for Q2 2026 ($0.87), Q3 2026 ($1.03), and Q4 2026 ($1.04) were updated, but these figures were in line with the broader narrative of modest utility-style earnings growth rather than a major surprise.
• Negative Sentiment: KeyCorp cut its FY2027 estimate to $4.97 EPS from $5.20, signaling slightly less optimism about next year’s earnings trajectory.
• Negative Sentiment: KeyCorp also reduced FY2028 EPS expectations to $5.29 from $5.52 and FY2029 EPS to $5.66 from $5.83, indicating some cooling in its longer-term forecast.
• Negative Sentiment: BMO Capital Markets lowered its price target on Eversource Energy to $72.00, which may have pressured shares by implying less upside from current levels.
• Negative Sentiment: A separate earnings preview said Eversource’s upcoming Q2 results are expected to decline, adding to cautious sentiment ahead of the report.

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.