Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 241,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy was incorporated in 1927 and is headquartered in Springfield, Massachusetts.
Regulatory Hurdles | Explore Eversource's challenges in Connecticut and their potential impact on future performance and profitability across its service territories |
Project Setbacks | Delve into the Revolution Wind delay, its financial implications, and how Eversource plans to mitigate the $300 million revenue recognition postponement |
Financial Resilience | Discover how Eversource maintains stable EPS projections and dividend growth despite headwinds, with estimates ranging from $4.55 in 2024 to $5.65 in 2028 |
Strategic Maneuvers | Learn about Eversource's $1.1 billion asset sale to Global Infrastructure Partners and its potential to strengthen the company's financial position and future growth |
Metrics to compare | ES | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipESPeersSector | |
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P/E Ratio | −42.4x | 24.1x | 11.8x | |
PEG Ratio | 0.29 | 1.27 | 0.02 | |
Price/Book | 1.5x | 1.8x | 1.3x | |
Price / LTM Sales | 2.0x | 3.3x | 1.6x | |
Upside (Analyst Target) | 11.6% | 11.6% | 16.8% | |
Fair Value Upside | Unlock | −19.6% | 1.1% | Unlock |