89.49 0.00 (0.00%)
After hours: 4:34PM EDT
|Bid||87.80 x 1100|
|Ask||89.82 x 1200|
|Day's Range||88.60 - 90.07|
|52 Week Range||60.69 - 99.42|
|Beta (5Y Monthly)||0.36|
|PE Ratio (TTM)||25.69|
|Earnings Date||Jul 30, 2020|
|Forward Dividend & Yield||2.27 (2.52%)|
|Ex-Dividend Date||May 19, 2020|
|1y Target Est||89.29|
Eversource Energy's (ES) second-quarter earnings are on par with expectation but revenues lag the same.
Eversource (ES) delivered earnings and revenue surprises of -1.32% and -4.37%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Eversource Energy reported second quarter 2020 earnings of $252.2 million compared with earnings of $31.5 million in the second quarter of 2019.
The utilities sector is made up of companies that provide electricity, natural gas, water, sewage, and other services to homes and businesses. Many of these companies are heavily regulated, and include Duke Energy Corp. (DUK), Southern Co. (SO), and American Electric Power Co. Inc. (AEC). Utilities stocks, as represented by the Utilities Select Sector SPDR ETF (XLU), have underperformed the broader market, with a total return of 4.8% compared to the S&P 500's total return of 8.9% over the past 12 months. These market performance numbers and the statistics in the tables below are as of July 28.
Eversource Energy's (ES) second-quarter earnings are likely to have benefited from higher demand from residential customers and approved distribution revenue decoupling mechanisms.
Eversource and National Grid applaud ISO-New England’s choice of the Ready Path Solution to maintain grid reliability in the Boston area after 2024
Eversource (ES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Aquarion Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Eversource Energy will webcast a call with financial analysts on July 31, 2020, to discuss financial performance through the second quarter of 2020.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
ISO-NE identified a transmission reliability solution by Eversource and National Grid as the most cost-effective after Everett Station is retired.
On Global Wind Day 2020, let's focus on a few utilities that have wind assets and plan to add more wind projects in their generation portfolio to cut down emissions.
Eversource Energy (ES) prices equity shares and intends to utilize the net proceeds to partially fund the acquisition of Columbia Gas of Massachusetts from NiSource.
Eversource Energy today announced that it has priced its previously announced public offering of 6,000,000 of its common shares.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
The United States could add a record 33,000 megawatts of renewables to the grid in 2020, but a record build out of transmission will be needed to keep growth humming along.
Eversource Energy (NYSE: ES) announced today the election of Gregory M. Jones to its Board of Trustees effective May 6, 2020. Jones serves as Vice President of Community Health and Engagement for Hartford Healthcare, where he leads the $4 billion integrated healthcare system’s community health and engagement efforts.
Eversource Energy (NYSE:ES) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to...