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 navigation of complex regulatory challenges, particularly in Connecticut, and the potential impact on its operations and growth strategies |
Wind Project Setbacks | Delve into the implications of the Revolution Wind project delay, including $300 million in delayed revenue and its effect on Eversource's renewable energy initiatives |
Financial Resilience | Eversource maintains stable EPS projections and dividend growth despite headwinds, with analysts forecasting EPS of $5.65 by 2028 and a current 4.8% dividend yield |
Strategic Asset Sales | Learn about Eversource's $1.1 billion asset sale to GIP, its potential to strengthen the company's financial position, and implications for future growth in renewable energy |
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 | −39.6x | 19.8x | 11.9x | |
PEG Ratio | 0.27 | 1.74 | 0.02 | |
Price/Book | 1.4x | 1.6x | 1.3x | |
Price / LTM Sales | 1.9x | 2.8x | 1.5x | |
Upside (Analyst Target) | 19.5% | 9.6% | 20.3% | |
Fair Value Upside | Unlock | −15.1% | 3.5% | Unlock |