Market Summary
USD76.80-0.02
Market Closed-0.03%
ES Alerts
ES Stock Price
ES RSI Chart
ES Valuation
ES Price/Sales (Trailing)
ES Profitability
ES Fundamentals
ES Revenue
ES Earnings
Price Action
52 Week Range
70.5494.63
(Low)(High)
Last 7 days
2.5%
Last 30 days
-4.3%
Last 90 days
-8.7%
Trailing 12 Months
-8.7%
ES Financial Health
ES Investor Care
Peers (Alternatives to Eversource Energy)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
NEE | 151.5B | 21.0B | -0.13% | -6.43% | 36.52 | 7.23 | 22.77% | 16.06% |
AEP | 47.3B | 19.6B | 1.65% | -1.22% | 20.5 | 2.41 | 16.96% | -7.33% |
ES | 26.8B | 12.3B | -4.32% | -8.73% | 18.95 | 2.18 | 24.60% | 15.01% |
ETR | 21.5B | 13.8B | -0.70% | -2.94% | 19.53 | 1.56 | 17.21% | -1.37% |
AGR | 15.4B | 7.9B | -2.86% | -10.24% | 17.46 | 1.94 | 13.61% | 24.61% |
| MID-CAP | ||||||||
PNW | 8.9B | 4.3B | 4.77% | 9.89% | 17.79 | 2.06 | 13.68% | -21.25% |
NRG | 7.3B | 31.5B | -13.33% | -18.67% | 5.94 | 0.23 | 16.87% | -44.17% |
OGE | 7.2B | 3.4B | -8.04% | -4.74% | 10.86 | 2.14 | -7.61% | -9.71% |
IDA | 5.4B | 1.6B | 2.19% | -2.54% | 21.04 | 3.31 | 12.75% | 5.47% |
HE | 4.1B | 3.7B | -13.27% | -8.92% | 17.07 | 1.11 | 31.28% | -2.03% |
SJW | 2.3B | 620.7M | -1.69% | 15.73% | 31.49 | 3.75 | 8.19% | 22.07% |
| SMALL-CAP | ||||||||
MSEX | 1.4B | 162.4M | -11.55% | -24.16% | 31.93 | 8.34 | 13.48% | 16.11% |
UTL | 886.7M | 563.2M | 5.51% | 11.70% | 21.42 | 1.57 | 18.99% | 14.68% |
GNE | 278.1M | 364.5M | -21.32% | 49.86% | 2.8 | 0.76 | 3.55% | 9592.01% |
Financials for Eversource Energy
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.7% | 12,289 | 11,741 | 10,959 | 10,509 | 9,863 |
| Operating Expenses | 5.2% | 10,091 | 9,593 | 8,884 | 8,438 | 7,870 |
| Interest Expenses | 5.5% | 678 | 643 | 612 | 598 | 582 |
| Net Income | 1.0% | 1,412 | 1,399 | 1,333 | 1,305 | 1,228 |
| Net Income Margin | -3.5% | 0.11* | 0.12* | 0.50* | 0.12* | - |
| Free Cahsflow | 12.2% | -1,040 | -1,185 | -1,304 | -1,327 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 3.2% | 53,231 | 51,599 | 49,916 | 49,289 | 48,492 |
| Current Assets | 7.7% | 4,223 | 3,920 | 3,268 | 3,474 | 3,270 |
| Cash Equivalents | -13.4% | 522 | 602 | 157 | 165 | 221 |
| Goodwill | 0.9% | 4,520 | 4,478 | 4,478 | 4,477 | 4,480 |
| Current Liabilities | 23.9% | 6,799 | 5,487 | 4,261 | 5,601 | 5,847 |
| LT Debt, Current | -18.0% | 1,320 | 1,610 | 1,265 | 817 | 1,193 |
| LT Debt, Non Current | -0.5% | 19,724 | 19,832 | 19,584 | 17,912 | 17,024 |
| Shareholder's Equity | 1.3% | 15,473 | 15,279 | 15,057 | 14,837 | 14,600 |
| Retained Earnings | 1.8% | 5,527 | 5,429 | 5,301 | 5,229 | 5,005 |
| Additional Paid-In Capital | 0.9% | 8,402 | 8,327 | 8,242 | 8,103 | 8,099 |
| Shares Outstanding | 0.3% | 348 | 347 | 346 | 345 | 344 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 12.7% | 2,401 | 2,131 | 1,997 | 1,923 | 1,963 |
| Share Based Compensation | - | 28.00 | - | - | - | - |
| Cashflow From Investing | -4.4% | -4,130 | -3,957 | -3,748 | -3,601 | -3,447 |
| Cashflow From Financing | -8.2% | 2,030 | 2,210 | 1,540 | 1,667 | 1,441 |
| Dividend Payments | 1.7% | 860 | 845 | 831 | 818 | 805 |
Risks for ES
What is the probability of a big loss on ES?
28.9%
Probability that Eversource Energy stock will be more than 20% underwater in next one year
0%
Probability that Eversource Energy stock will be more than 30% underwater in next one year.
0%
Probability that Eversource Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ES drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Eversource Energy was unfortunately bought at previous high price.
Drawdowns
Returns for ES
Cumulative Returns on ES
9.1%
10-Year Cumulative Returns
7.0%
7-Year Cumulative Returns
8.2%
5-Year Cumulative Returns
-2.8%
3-Year Cumulative Returns
What are the long-term rolling returns for ES?
FIve years rolling returns for Eversource Energy.
Annualized Returns
Which funds bought or sold ES recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 39.31 | 379,548 | 1,144,550 | 0.03% |
2023-03-13 | Claro Advisors LLC | reduced | -5.36 | -70,559 | 1,095,440 | 0.36% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -22.2 | -4,029,460 | 20,636,500 | 0.02% |
2023-03-10 | BAILLIE GIFFORD & CO | reduced | -26.00 | -6,324,200 | 24,649,800 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 15.1 | 257,000 | 1,336,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -7.6 | -9,632 | 1,467,370 | 0.01% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 60,784 | 60,784 | -% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 25,000 | 25,000 | 0.02% |
2023-02-28 | Voya Investment Management LLC | reduced | -18.87 | -2,143,760 | 14,671,200 | 0.02% |
2023-02-27 | ST GERMAIN D J CO INC | reduced | -2.07 | -1,648,190 | 825,812 | 0.28% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
ES Alerts
Eversource Energy News
Schedule 13G FIlings of Eversource Energy
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 12.95% | 45,116,646 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 7.31% | 25,464,835 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 10.9% | 38,124,127 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 10.9% | 38,124,127 | SC 13G | |
| Feb 11, 2022 | magellan asset management ltd | 4.91% | 16,906,322 | SC 13G | |
| Feb 11, 2022 | state street corp | 6.47% | 22,273,834 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 12.13% | 41,753,614 | SC 13G/A | |
| Jan 10, 2022 | blackrock inc. | 11.5% | 39,646,912 | SC 13G/A | |
| Feb 10, 2021 | magellan asset management ltd | 7.45% | 25,533,531 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 11.93% | 40,913,941 | SC 13G/A |
ES Fair Value
Eversource Energy fair value in different scenarios
The table shows the Fair Value estimates for Eversource Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 57.13 -25.61% | 80.02 4.19% | 111.86 45.65% | 141.83 84.67% | 168.55 119.47% |
| Current Inflation | 52.45 -31.71% | 71.93 -6.34% | 98.60 28.39% | 123.50 60.81% | 145.60 89.58% |
| Very High Inflation | 46.66 -39.24% | 62.21 -19.00% | 83.05 8.14% | 102.34 33.26% | 119.35 55.40% |
Historical Eversource Energy Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Eversource Energy
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 14, 2023 | 8-K | Current Report | |
| Mar 10, 2023 | PRE 14A | PRE 14A | |
| Mar 06, 2023 | 4 | Insider Trading | |
| Mar 06, 2023 | 8-K | Current Report | |
| Mar 03, 2023 | 144 | Notice of Insider Sale Intent | |
| Mar 02, 2023 | 424B5 | Prospectus Filed | |
| Mar 01, 2023 | 424B3 | Prospectus Filed | |
| Mar 01, 2023 | FWP | Prospectus Filed | |
| Feb 24, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for ES
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-03 | FORRY LINDA DORCENA | sold | -116,594 | 75.028 | -1,554 | - |
2023-02-22 | BUTH JAY S. | sold (taxes) | -43,907 | 80.27 | -547 | vp, controller, chief acct off |
2023-02-22 | BUTLER GREGORY B | sold (taxes) | -287,367 | 80.27 | -3,580 | executive vp & general counsel |
2023-02-22 | Carmody Christine M | sold (taxes) | -223,070 | 80.27 | -2,779 | evp - hr and it |
2023-02-22 | Conner Penelope M | sold (taxes) | -45,994 | 80.27 | -573 | evp-cust exp & energy strategy |
2023-02-22 | NOLAN JOSEPH R JR | sold (taxes) | -377,510 | 80.27 | -4,703 | chairman of the bd, pres & ceo |
2023-02-22 | SCHWEIGER WERNER J | sold (taxes) | -403,598 | 80.27 | -5,028 | executive vp and coo |
2023-02-22 | Moreira John M. | sold (taxes) | -69,433 | 80.27 | -865 | evp, cfo and treasurer |
2023-02-16 | Williams Frederica M | sold | -153,167 | 78.83 | -1,943 | - |
2023-02-15 | Carmody Christine M | sold (taxes) | -91,039 | 78.89 | -1,154 | evp - hr and it |
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 226,000 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 is based in Springfield, Massachusetts.
ES Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Operating Revenues | $ 12,289,336 | $ 9,863,085 | $ 8,904,430 |
| Operating Expenses: | |||
| Purchased Power, Purchased Natural Gas and Transmission | 5,014,074 | 3,372,344 | 2,987,840 |
| Operations and Maintenance | 1,865,328 | 1,739,685 | 1,480,252 |
| Depreciation | 1,194,246 | 1,103,008 | 981,380 |
| Amortization | 448,892 | 231,965 | 177,679 |
| Energy Efficiency Programs | 658,051 | 592,775 | 535,760 |
| Taxes Other Than Income Taxes | 910,591 | 829,987 | 752,785 |
| Total Operating Expenses | 10,091,182 | 7,869,764 | 6,915,696 |
| Operating Income | 2,198,154 | 1,993,321 | 1,988,734 |
| Interest Expense | 678,274 | 582,334 | 538,452 |
| Other Income, Net | 346,088 | 161,282 | 108,590 |
| Income Before Income Tax Expense | 1,865,968 | 1,572,269 | 1,558,872 |
| Income Tax Expense | 453,574 | 344,223 | 346,186 |
| Net Income | 1,412,394 | 1,228,046 | 1,212,686 |
| Net Income Attributable to Noncontrolling Interests | 7,519 | 7,519 | 7,519 |
| Net Income Attributable to Common Shareholders | $ 1,404,875 | $ 1,220,527 | $ 1,205,167 |
| Basic Earnings Per Common Share (in dollars per share) | $ 4.05 | $ 3.55 | $ 3.56 |
| Diluted Earnings Per Common Share (in dollars per share) | $ 4.05 | $ 3.54 | $ 3.55 |
| Weighted Average Common Shares Outstanding: | |||
| Basic (in shares) | 346,783,444 | 343,972,926 | 338,836,147 |
| Diluted (in shares) | 347,246,768 | 344,631,056 | 339,847,062 |
ES Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets: | ||
| Cash | $ 47,597 | $ 66,773 |
| Cash Equivalents | 327,006 | 0 |
| Receivables, Net (net of allowance for uncollectible accounts) | 1,517,138 | 1,226,069 |
| Unbilled Revenues | 238,968 | 210,879 |
| Materials, Supplies, Natural Gas and REC Inventory | 374,395 | 267,547 |
| Regulatory Assets | 1,335,491 | 1,129,093 |
| Prepayments and Other Current Assets | 382,603 | 369,759 |
| Total Current Assets | 4,223,198 | 3,270,120 |
| Property, Plant and Equipment, Net | 36,112,820 | 33,377,650 |
| Deferred Debits and Other Assets: | ||
| Regulatory Assets | 4,242,794 | 4,586,709 |
| Goodwill | 4,522,632 | 4,477,269 |
| Investments in Unconsolidated Affiliates | 2,176,080 | 1,436,293 |
| Prepaid Pension and PBOP | 1,045,524 | 271,987 |
| Marketable Securities | 366,508 | 460,347 |
| Other Long-Term Assets | 541,344 | 611,769 |
| Total Deferred Debits and Other Assets | 12,894,882 | 11,844,374 |
| Total Assets | 53,230,900 | 48,492,144 |
| Current Liabilities: | ||
| Notes Payable | 1,442,200 | 1,505,450 |
| Long-Term Debt – Current Portion | 1,320,129 | 1,193,097 |
| Rate Reduction Bonds – Current Portion | 43,210 | 43,210 |
| Accounts Payable | 2,113,905 | 1,672,230 |
| Regulatory Liabilities | 890,786 | 602,432 |
| Other Current Liabilities | 989,053 | 830,620 |
| Total Current Liabilities | 6,799,283 | 5,847,039 |
| Deferred Credits and Other Liabilities: | ||
| Accumulated Deferred Income Taxes | 5,067,902 | 4,597,120 |
| Regulatory Liabilities | 3,930,305 | 3,866,251 |
| Derivative Liabilities | 143,929 | 235,387 |
| Asset Retirement Obligations | 502,713 | 500,111 |
| Accrued Pension, SERP and PBOP | 135,473 | 242,463 |
| Other Long-Term Liabilities | 888,081 | 971,080 |
| Total Deferred Credits and Other Liabilities | 10,668,403 | 10,412,412 |
| Capitalization: | ||
| Long-Term Debt | 19,723,994 | 17,023,577 |
| Rate Reduction Bonds | 410,492 | 453,702 |
| Noncontrolling Interest - Preferred Stock of Subsidiaries | 155,570 | 155,570 |
| Common Shareholders' Equity: | ||
| Common Shares | 1,799,920 | 1,789,092 |
| Capital Surplus, Paid In | 8,401,731 | 8,098,514 |
| Retained Earnings | 5,527,153 | 5,005,391 |
| Accumulated Other Comprehensive Income/(Loss) | (39,421) | (42,275) |
| Treasury Stock | (216,225) | (250,878) |
| Common Shareholders' Equity | 15,473,158 | 14,599,844 |
| Commitments and Contingencies (Note 13) | ||
| Total Liabilities and Capitalization | $ 53,230,900 | $ 48,492,144 |