Eversource Energy (ES)
(Delayed Data from NYSE)
$59.46 USD
-1.06 (-1.75%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $59.44 -0.02 (-0.03%) 7:58 PM ET
2-Buy of 5 2
C Value D Growth F Momentum F VGM
Company Summary
Eversource Energy, earlier known as Northeast Utilities, engages in the energy delivery business. The company was founded in 1927. It transmits and delivers electricity and natural gas to residential, commercial and industrial customers in Connecticut, New Hampshire and Massachusetts. Eversource Energy is currently trading under the ticker symbol “ES” instead of “NU”. The company’s headquarters have remained at Hartford, CT and Boston, MA.
Eversource’s revenues from the sale are primarily derived from residential, commercial and industrial customers and are not dependent on any single customer. The company provides reliable energy and ...
Company Summary
Eversource’s revenues from the sale are primarily derived from residential, commercial and industrial customers and are not dependent on any single customer. The company provides reliable energy and clean water services to nearly 4 million customers in the United States.
The reportable segments are as follows:
The Electric Distribution segment consists of the distribution businesses of The Connecticut Light and Power Company (CL&P), NSTAR Electric Company (NSTAR Electric) and Public Service Company of New Hampshire (PSNH). This segment owns 40,673 miles of overhead and 18,119 miles of underground lines. It contributed nearly $9 billion to the top line in 2023, which is 75.3% of total revenues.
Through Electric Transmission segment, the company owns and controls transmission facilities of its affiliates CL&P, NSTAR Electric and PSNH. It contributed $1.9 billion to the top line in 2023, which is 16.1% of total revenues.
Its Natural Gas Distribution segment serves around 282,000 customers in central and eastern Massachusetts and 222,000 customers in Connecticut through NSTAR Gas Company (NSTAR Gas) and Yankee Gas Services Company (Yankee Gas), respectively. It contributed $2.2 billion to the top line in 2023, which is 18.7% of total revenues.
The Water Distribution segment was created when Eversource acquired Aquarion Water Company in December 2017. It contributed $232.5 million to the top line in 2023, which is 2% of total revenues.
Other contributed $1.6 billion to total revenues in 2023, which accounted for 13.7% of the net amount. However, Eliminations lowered revenues by $3.1 billion, which is 25.8% of total revenues.
General Information
Eversource Energy
300 CADWELL DRIVE
SPRINGFIELD, MA 06037
Phone: 800-286-5000
Fax: NA
Web: http://www.eversource.com
Email: melissa.cameron@eversource.com
Industry | Utility - Electric Power |
Sector | Utilities |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 5/2/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.45 |
Current Year EPS Consensus Estimate | 4.51 |
Estimated Long-Term EPS Growth Rate | 4.20 |
Earnings Date | 5/2/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 60.52 |
52 Week High | 78.64 |
52 Week Low | 52.03 |
Beta | 0.58 |
20 Day Moving Average | 1,826,853.75 |
Target Price Consensus | 64.73 |
4 Week | -0.52 |
12 Week | 7.72 |
YTD | -3.66 |
4 Week | 2.49 |
12 Week | 4.73 |
YTD | -9.90 |
Shares Outstanding (millions) | 350.73 |
Market Capitalization (millions) | 20,854.22 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 4.81% |
Annual Dividend | $2.86 |
Payout Ratio | 0.62 |
Change in Payout Ratio | -0.01 |
Last Dividend Payout / Amount | 3/4/2024 / $0.71 |
Fundamental Ratios
P/E (F1) | 13.18 |
Trailing 12 Months | 13.73 |
PEG Ratio | 3.16 |
vs. Previous Year | 3.26% |
vs. Previous Quarter | -2.06% |
vs. Previous Year | -11.07% |
vs. Previous Quarter | -3.48% |
Price/Book | 1.47 |
Price/Cash Flow | 8.90 |
Price / Sales | 1.75 |
3/31/24 | NA |
12/31/23 | 9.92 |
9/30/23 | 9.64 |
3/31/24 | NA |
12/31/23 | 2.75 |
9/30/23 | 2.76 |
3/31/24 | NA |
12/31/23 | 0.67 |
9/30/23 | 0.56 |
3/31/24 | NA |
12/31/23 | 0.59 |
9/30/23 | 0.50 |
3/31/24 | NA |
12/31/23 | 12.74 |
9/30/23 | 12.30 |
3/31/24 | NA |
12/31/23 | -3.71 |
9/30/23 | 9.52 |
3/31/24 | NA |
12/31/23 | -2.31 |
9/30/23 | 12.29 |
3/31/24 | NA |
12/31/23 | 40.58 |
9/30/23 | 44.93 |
3/31/24 | NA |
12/31/23 | 15.85 |
9/30/23 | 17.94 |
3/31/24 | NA |
12/31/23 | 1.66 |
9/30/23 | 1.41 |
3/31/24 | NA |
12/31/23 | 62.62 |
9/30/23 | 58.64 |