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ES

Eversource Energy
$65.72
+0.43% Oct 21 close
UtilitiesS&P 500 CompareTechnicals
1M3M6M1Y2Y
-13%-5%+2%+10%+17%Oct 2025Oct 2026Apr 2026
ESSPY
1W
-1.4%
1M
-1.7%
3M
-10.7%
6M
+0.3%
YTD
+1.0%
1Y
-6.1%

Live chart

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What they do

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.

Utilities · Utilities - Regulated Electric

For information only · Important disclosures

Grades vs sector

Momentum
24th percentile in sector
D
12-1 return: -9.1%
Percentile within its GICS sector across the S&P 1500.
Growth
37th percentile in sector
C-
Revenue growth (YoY): +2.3%
Percentile within its GICS sector across the S&P 1500.
Value
81st percentile in sector
A-
Forward E/P: 7.4% · EBITDA/EV: 9.3%
Percentile within its GICS sector across the S&P 1500.
Profitability
30th percentile in sector
D+
Profit margin: +10.4% · Return on equity: +9.0%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Systematic Models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
 Momentum Top 15
ranked 321 of 499 · 12-month momentum 1.9%
 Momentum Blend
Not in the current book
 New Highs Growth
Outside this model's universe or screens
 Coteau Long Book
Not in the current book

News

More news
Eversource Energy Wins 2026 Itron Innovator Award for Creating Blueprint for Utility Modernization
GlobeNewswire · Oct 20
BofA Securities Adjusts Price Target on Eversource Energy to $71 From $77, Maintains Buy Rating
MT Newswires · Oct 20
FirstEnergy Benefits From Data-Center Demand, Systematic Investment
Zacks · Oct 19
Jefferies Adjusts Price Target on Eversource Energy to $49 From $52
MT Newswires · Oct 19
Better Dividend Stock: Edison International vs. Eversource
TIKR · Oct 16

Key stats

Market value$24.8B
P/E (last 12 months)16.8
P/E (next 12 months, estimated)13.3
52-week range$62.72 – $76.57
Revenue growth (latest quarter vs a year ago)+2.3%
Dividend yield4.81%
Analyst consensusHold (12)
Average analyst price target$72.00 (+10%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks expensive
Model read-out from the numbers below, not advice. Score -3 (DCF counts double).
▼DCF (base case)below the price by 190%
▲Forward P/E vs sector13.3x vs median 16.9x
▼Piotroski F-score3/9
▼Net debt / EBITDA5.4x
•Analyst target+10% (12 analysts)

Discounted cash flow

Bear
$-66
-200%
growth -2% · disc. 8.6% · term. 2.0%
Base
$-59
-190%
growth 3% · disc. 7.6% · term. 2.5%
Bull
$-49
-174%
growth 6% · disc. 6.6% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 31% a year for 10 years.
Implied
+31%/yr
FCF, last 3 yrs
n/a
FCF, last 5 yrs
n/a
Revenue, last 3 yrs
+3%/yr
Revenue, last 5 yrs
+9%/yr
Same inputs as the DCF above: trailing free cash flow 0.3B, 7.6% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.68 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Utilities

P/E (trailing)
sector median 20.8× · 19th pct
 16.8×
cheaper
Forward P/E
sector median 16.9× · 17th pct
 13.3×
cheaper
EV / EBITDA
sector median 12.8× · 15th pct
 10.0×
cheaper
Price / sales
sector median 3.0× · 18th pct
 1.8×
cheaper
Price / book
sector median 1.9× · 20th pct
 1.5×
cheaper
FCF yield
sector median 0.1% · 51st pct
 1.2%
cheaper

Forward EPS $4.93 vs trailing $3.92 (+26% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
–
Operating margin
21.5%
FCF margin
2.1%
Net margin
-3.1%
Return on equity
-2.7%
Return on invested capital
5.3%
Net debt / EBITDA
5.4×
Current ratio
0.8×
Interest cover
2.2×
Cash conversion (OCF/NI)
–
Piotroski F-score 3/9 · last two fiscal years
✗ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved

Analysts

Mean target
$72
+10%
Analysts
12
Hold
Range
$49–$85
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$13.5B–$-45.1M
2024$11.9B–$-2.3B
2023$11.9B$-434.7M$-2.7B
2022$12.3B$1.4B$-1.0B
2021$9.9B$1.2B$-1.2B
2020$8.9B$1.2B$-1.3B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +3.3%.

Earnings

Next report: 2026-11-04 · during market · EPS est 0.93
24-1125-0225-0525-0725-1126-0226-0526-070.001.73
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-07-300.870.87-0.3%
2026-05-061.631.73+6.2%
2026-02-121.101.12+1.6%
2025-11-041.151.19+3.6%
2025-07-310.950.96+1.0%
2025-05-011.511.50-0.7%
2025-02-110.991.01+1.7%
2024-11-041.081.13+4.3%

Quarterly revenue

QuarterRevenueYoY
2026-03-31$4.5B+9.4%
2025-12-31$3.4B–
2025-09-30$3.2B–
2025-06-30$2.8B–
2025-03-31$4.1B–
Rating changes
Reiterated
2026-10-19 · JP Morgan reiterated Underweight on ES
Reiterated
2026-08-03 · Mizuho reiterated Neutral on ES
Reiterated
2026-07-22 · BMO Capital reiterated Market Perform on ES
Reiterated
2026-07-02 · Wells Fargo reiterated Overweight on ES
Downgrade
2026-06-11 · Argus Research downgraded ES from Buy to Hold
Reiterated
2026-05-11 · BMO Capital reiterated Market Perform on ES

Third-party analyst actions, not Coteau's views. All rating changes

Recent dividends

2026-09-21: $0.788 · 2026-05-18: $0.788 · 2026-03-05: $0.788 · 2025-12-17: $0.753 · 2025-09-22: $0.753 · 2025-05-15: $0.753 · 2025-03-04: $0.753 · 2024-12-18: $0.715

Stats refreshed 2026-10-21 13:50:25 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

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Beta 0.9 · Oct 21, 2026