Analysts Offer Predictions for ES Q2 Earnings

Eversource Energy (NYSE:ES) – Analysts at KeyCorp issued their Q2 2026 earnings estimates for Eversource Energy in a note issued to investors on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the utilities provider will earn $0.87 per share for the quarter. The consensus estimate for Eversource Energy’s current full-year earnings is $4.66 per share. KeyCorp also issued estimates for Eversource Energy’s Q3 2026 earnings at $1.03 EPS, Q4 2026 earnings at $1.04 EPS, FY2027 earnings at $4.97 EPS, FY2028 earnings at $5.29 EPS, FY2029 earnings at $5.66 EPS and FY2030 earnings at $6.00 EPS.

ES has been the topic of several other reports. BMO Capital Markets cut their price objective on shares of Eversource Energy from $73.00 to $72.00 and set a “market perform” rating on the stock in a report on Wednesday. Argus downgraded shares of Eversource Energy from a “buy” rating to a “hold” rating in a research note on Friday, June 12th. Weiss Ratings upgraded Eversource Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 10th. Seaport Research Partners cut Eversource Energy from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Finally, Bank of America reiterated a “buy” rating and issued a $72.00 price target on shares of Eversource Energy in a report on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $71.82.

Eversource Energy Price Performance

Shares of ES opened at $74.96 on Friday. The company has a 50 day moving average price of $71.33 and a 200-day moving average price of $70.52. Eversource Energy has a fifty-two week low of $61.53 and a fifty-two week high of $76.41. The stock has a market capitalization of $28.19 billion, a PE ratio of 16.02, a PEG ratio of 4.95 and a beta of 0.70. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.59 and a current ratio of 0.65.

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

Institutional Investors Weigh In On Eversource Energy

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC increased its holdings in shares of Eversource Energy by 8.9% during the first quarter. Empowered Funds LLC now owns 16,149 shares of the utilities provider’s stock valued at $1,003,000 after acquiring an additional 1,319 shares in the last quarter. Woodline Partners LP boosted its stake in Eversource Energy by 40.8% in the 1st quarter. Woodline Partners LP now owns 30,988 shares of the utilities provider’s stock worth $1,925,000 after purchasing an additional 8,984 shares in the last quarter. Acadian Asset Management LLC grew its position in Eversource Energy by 115.1% during the 1st quarter. Acadian Asset Management LLC now owns 1,497 shares of the utilities provider’s stock worth $92,000 after purchasing an additional 801 shares during the last quarter. Schnieders Capital Management LLC. grew its position in Eversource Energy by 87.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 58,444 shares of the utilities provider’s stock worth $3,718,000 after purchasing an additional 27,332 shares during the last quarter. Finally, Brown Advisory Inc. increased its stake in Eversource Energy by 4.6% during the 2nd quarter. Brown Advisory Inc. now owns 7,933 shares of the utilities provider’s stock valued at $505,000 after purchasing an additional 349 shares in the last quarter. 79.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Eversource Energy

In other news, VP Gregory B. Butler sold 7,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $69.88, for a total value of $489,160.00. Following the completion of the sale, the vice president owned 56,179 shares of the company’s stock, valued at $3,925,788.52. This trade represents a 11.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.18% of the company’s stock.

Eversource Energy Dividend Announcement

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

Trending Headlines about Eversource Energy

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.