Scotiabank Expects Lower Earnings for Eversource Energy

Eversource Energy (NYSE:ES) – Research analysts at Scotiabank lowered their FY2026 earnings estimates for Eversource Energy in a research report issued to clients and investors 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 prior forecast of $5.02. Scotiabank has a “Sector Underperform” rating and a $63.00 price objective 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 quarterly earnings results on Thursday, February 12th. The utilities provider reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.02. Eversource Energy had a net margin of 12.49% and a return on equity of 11.18%. The company had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the business earned $1.01 earnings per share. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. Eversource Energy has set its FY 2026 guidance at 4.800-4.950 EPS.

Other equities research analysts also recently issued reports about the stock. UBS Group cut their target price on shares of Eversource Energy from $78.00 to $73.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Mizuho raised their price target on shares of Eversource Energy from $69.00 to $75.00 and gave the company a “neutral” rating in a research note on Tuesday. Wells Fargo & Company upgraded shares of Eversource Energy from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $71.00 to $78.00 in a report on Tuesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Eversource Energy in a research note on Wednesday, January 28th. Finally, JPMorgan Chase & Co. lowered their target price on Eversource Energy from $72.00 to $71.00 and set an “underweight” rating for the company in a research report on Friday, December 12th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $73.90.

Eversource Energy Stock Performance

NYSE:ES opened at $73.59 on Friday. The stock’s 50-day moving average is $69.00 and its 200-day moving average is $68.69. Eversource Energy has a 1-year low of $52.28 and a 1-year high of $75.25. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 1.66. The stock has a market cap of $27.63 billion, a P/E ratio of 16.10, a price-to-earnings-growth ratio of 3.17 and a beta of 0.77.

Eversource Energy Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 5th will be issued a $0.7875 dividend. The ex-dividend date is Thursday, March 5th. This is a positive change from Eversource Energy’s previous quarterly dividend of $0.75. This represents a $3.15 annualized dividend and a yield of 4.3%. Eversource Energy’s dividend payout ratio (DPR) is presently 65.86%.

Insiders Place Their Bets

In other Eversource Energy news, EVP John M. Moreira sold 7,800 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 43,269 shares in the company, valued at approximately $3,197,579.10. This trade represents a 15.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Y. Kim sold 6,000 shares of Eversource Energy stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $73.57, for a total value of $441,420.00. Following the completion of the transaction, the insider directly owned 12,339 shares of the company’s stock, valued at approximately $907,780.23. This trade represents a 32.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.41% of the company’s stock.

Hedge Funds Weigh In On Eversource Energy

Several institutional investors have recently added to or reduced their stakes in the business. United Asset Strategies Inc. boosted its holdings in shares of Eversource Energy by 1.0% in the 3rd 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 during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Eversource Energy by 1.0% during the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 14,831 shares of the utilities provider’s stock worth $999,000 after buying an additional 140 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in Eversource Energy by 1.1% during the fourth 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. lifted its stake in Eversource Energy by 0.9% in the third quarter. Mystic Asset Management Inc. now owns 16,549 shares of the utilities provider’s stock valued at $1,177,000 after acquiring an additional 150 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in Eversource Energy by 1.4% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 11,988 shares of the utilities provider’s stock valued at $807,000 after acquiring an additional 160 shares during the last quarter. 79.99% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Eversource Energy

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

About Eversource Energy

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.