Eversource Energy Stock Today

ES Stock  USD 58.96  0.04  0.07%   

Performance

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Odds Of Distress

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Eversource Energy is selling for under 58.96 as of the 19th of March 2024; that is 0.07 percent increase since the beginning of the trading day. The stock's lowest day price was 58.42. Eversource Energy has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Eversource Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
29th of August 1984
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 349.69 M outstanding shares of which 5.88 M shares are currently sold short in the market by investors with about 1.68 days to cover all shorted shares. More on Eversource Energy

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Eversource Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eversource Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eversource Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Eversource Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Eversource Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanJames Judge
Thematic IdeaUtilities (View all Themes)
Old NameEight Solutions Inc
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, SP 500 Index, PHLX Utility, CAC All-Tradable, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering Eversource Energy report their recommendations after researching Eversource Energy's financial statements, talking to executives and customers, or listening in on Eversource Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Eversource Energy. The Eversource consensus assessment is calculated by taking the average forecast from all of the analysts covering Eversource Energy.
Financial Strength
Based on the key measurements obtained from Eversource Energy's financial statements, Eversource Energy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Eversource Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.410.2142
Way Up
Pretty Stable
Gross Profit Margin0.540.2804
Way Up
Slightly volatile
Net Debt28.2 B26.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities6.7 B6.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total41.7 B34.9 B
Fairly Up
Slightly volatile
Total Assets58.4 B55.6 B
Sufficiently Up
Slightly volatile
Total Current Assets2.1 B4.2 B
Way Down
Slightly volatile
Total Cash From Operating Activities1.2 B1.6 B
Way Down
Slightly volatile
Eversource Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eversource Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Eversource Energy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Eversource Energy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eversource Energy's financial leverage. It provides some insight into what part of Eversource Energy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Eversource Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Eversource Energy deploys its capital and how much of that capital is borrowed.
Liquidity
Eversource Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 26.88 B of total liabilities with total debt to equity ratio (D/E) of 1.44, which is normal for its line of buisiness. Eversource Energy has a current ratio of 0.7, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Eversource Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Eversource Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eversource Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eversource to invest in growth at high rates of return. When we think about Eversource Energy's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

4.55 Billion
Eversource Energy (ES) is traded on New York Stock Exchange in USA. It is located in 300 Cadwell Drive, Springfield, MA, United States, 01104 and employs 10,171 people. Eversource Energy is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 20.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eversource Energy's market, we take the total number of its shares issued and multiply it by Eversource Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Eversource Energy is active under Electric Utilities sector as part of Utilities industry. The entity has 349.69 M outstanding shares of which 5.88 M shares are currently sold short in the market by investors with about 1.68 days to cover all shorted shares. Eversource Energy reports about 327.01 M in cash with 1.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39.
Check Eversource Energy Probability Of Bankruptcy
Ownership Allocation
Eversource Energy retains a total of 349.69 Million outstanding shares. The majority of Eversource Energy outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Eversource Energy to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Eversource Energy. Please pay attention to any change in the institutional holdings of Eversource Energy as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Eversource Ownership Details

Eversource Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Eversource Energy jumping above the current price in 90 days from now is about 32.93%. The Eversource Energy probability density function shows the probability of Eversource Energy stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.6526 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eversource Energy will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eversource Energy is significantly underperforming NYSE Composite.
  Odds Below 58.96HorizonTargetOdds Above 58.96
66.86%90 days
 58.96 
32.93%
Based on a normal probability distribution, the odds of Eversource Energy to move above the current price in 90 days from now is about 32.93 (This Eversource Energy probability density function shows the probability of Eversource Stock to fall within a particular range of prices over 90 days) .

Eversource Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Eversource Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Eversource Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Eversource Energy's value.
InstituionRecorded OnShares
American Century Companies Inc2023-12-31
4.2 M
Fmr Inc2023-09-30
3.6 M
Public Sector Pension Investment Board2023-12-31
3.4 M
Royal Bank Of Canada2023-09-30
3.2 M
Bank Of America Corp2023-09-30
3.1 M
Magellan Asset Management Limited2023-12-31
3.1 M
Bank Of New York Mellon Corp2023-09-30
M
Ameriprise Financial Inc2023-09-30
M
Amvescap Plc.2023-12-31
2.9 M
Vanguard Group Inc2023-09-30
46.2 M
Blackrock Inc2023-12-31
37 M
View Eversource Energy Diagnostics

Eversource Energy Historical Income Statement

Eversource Energy Income Statement is one of the three primary financial statements used for reporting Eversource's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Eversource Energy revenue and expense. Eversource Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Eversource Energy's Interest Expense is comparatively stable compared to the past year. Operating Income is likely to gain to about 2.5 B in 2024, whereas Gross Profit is likely to drop slightly above 3.2 B in 2024. View More Fundamentals

Eversource Stock Against Markets

Picking the right benchmark for Eversource Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Eversource Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Eversource Energy is critical whether you are bullish or bearish towards Eversource Energy at a given time. Please also check how Eversource Energy's historical prices are related to one of the top price index indicators.

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Our tools can tell you how much better you can do entering a position in Eversource Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Eversource Energy Corporate Management

Elected by the shareholders, the Eversource Energy's board of directors comprises two types of representatives: Eversource Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eversource. The board's role is to monitor Eversource Energy's management team and ensure that shareholders' interests are well served. Eversource Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eversource Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sanford CloudLead Independent TrusteeProfile
John ClarkesonIndependent TrusteeProfile
Dennis WraaseIndependent TrusteeProfile
Susan SgroiExecutive TechnologyProfile

How to buy Eversource Stock?

Before investing in Eversource Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Eversource Energy. To buy Eversource Energy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eversource Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Eversource Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Eversource Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Eversource Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Eversource Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.

Already Invested in Eversource Energy?

The danger of trading Eversource Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Eversource Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Eversource Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eversource Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Eversource Energy is a strong investment it is important to analyze Eversource Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Eversource Energy's future performance. For an informed investment choice regarding Eversource Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Eversource Energy's price analysis, check to measure Eversource Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.
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Is Eversource Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eversource Energy. If investors know Eversource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eversource Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
2.7
Earnings Share
(1.27)
Revenue Per Share
34.071
Quarterly Revenue Growth
(0.11)
The market value of Eversource Energy is measured differently than its book value, which is the value of Eversource that is recorded on the company's balance sheet. Investors also form their own opinion of Eversource Energy's value that differs from its market value or its book value, called intrinsic value, which is Eversource Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eversource Energy's market value can be influenced by many factors that don't directly affect Eversource Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eversource Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eversource Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eversource Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.