Grufity logoGrufity logo

Eversource Energy Stock Research

ES

76.80USD-0.02(-0.03%)Market Closed

Market Summary

USD76.80-0.02
Market Closed
-0.03%

ES Alerts

ES Stock Price

ES RSI Chart

ES Valuation

Market Cap

26.8B

Price/Earnings (Trailing)

18.95

Price/Sales (Trailing)

2.18

Price/Free Cashflow

-25.72

ES Price/Sales (Trailing)

ES Profitability

Return on Equity

9.13%

Return on Assets

2.65%

Free Cashflow Yield

-3.89%

ES Fundamentals

ES Revenue

Revenue (TTM)

12.3B

Revenue Y/Y

22.07%

Revenue Q/Q

-5.78%

ES Earnings

Earnings (TTM)

1.4B

Earnings Y/Y

4.36%

Earnings Q/Q

-8.33%

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

Current Ratio

0.62

ES Investor Care

Dividend Yield

3.32%

Dividend/Share (TTM)

2.55

Shares Dilution (1Y)

1.17%

Diluted EPS (TTM)

4.05

Peers (Alternatives to Eversource Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
151.5B
21.0B
-0.13% -6.43%
36.52
7.23
22.77% 16.06%
47.3B
19.6B
1.65% -1.22%
20.5
2.41
16.96% -7.33%
26.8B
12.3B
-4.32% -8.73%
18.95
2.18
24.60% 15.01%
21.5B
13.8B
-0.70% -2.94%
19.53
1.56
17.21% -1.37%
15.4B
7.9B
-2.86% -10.24%
17.46
1.94
13.61% 24.61%
MID-CAP
8.9B
4.3B
4.77% 9.89%
17.79
2.06
13.68% -21.25%
7.3B
31.5B
-13.33% -18.67%
5.94
0.23
16.87% -44.17%
7.2B
3.4B
-8.04% -4.74%
10.86
2.14
-7.61% -9.71%
5.4B
1.6B
2.19% -2.54%
21.04
3.31
12.75% 5.47%
4.1B
3.7B
-13.27% -8.92%
17.07
1.11
31.28% -2.03%
2.3B
620.7M
-1.69% 15.73%
31.49
3.75
8.19% 22.07%
SMALL-CAP
1.4B
162.4M
-11.55% -24.16%
31.93
8.34
13.48% 16.11%
886.7M
563.2M
5.51% 11.70%
21.42
1.57
18.99% 14.68%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.7%12,28911,74110,95910,5099,863
Operating Expenses5.2%10,0919,5938,8848,4387,870
Interest Expenses5.5%678643612598582
Net Income1.0%1,4121,3991,3331,3051,228
Net Income Margin-3.5%0.11*0.12*0.50*0.12*-
Free Cahsflow12.2%-1,040-1,185-1,304-1,327-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.2%53,23151,59949,91649,28948,492
  Current Assets7.7%4,2233,9203,2683,4743,270
    Cash Equivalents-13.4%522602157165221
  Goodwill0.9%4,5204,4784,4784,4774,480
  Current Liabilities23.9%6,7995,4874,2615,6015,847
    LT Debt, Current-18.0%1,3201,6101,2658171,193
    LT Debt, Non Current-0.5%19,72419,83219,58417,91217,024
Shareholder's Equity1.3%15,47315,27915,05714,83714,600
  Retained Earnings1.8%5,5275,4295,3015,2295,005
  Additional Paid-In Capital0.9%8,4028,3278,2428,1038,099
Shares Outstanding0.3%348347346345344
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations12.7%2,4012,1311,9971,9231,963
  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%2,0302,2101,5401,6671,441
  Dividend Payments1.7%860845831818805

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 ascendingFund NameType% 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%

1–10 of 50

Latest Funds Activity

Are funds buying ES calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own ES
No. of Funds

Eversource Energy News

MarketBeat

Yousif Capital Management LLC Purchases 2831 Shares of ....

MarketBeat,
17 hours ago

Schedule 13G FIlings of Eversource Energy

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Joseph R. Nolan
9230
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

2022-12-31
CONSOLIDATED 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 Transmission5,014,0743,372,3442,987,840
Operations and Maintenance1,865,3281,739,6851,480,252
Depreciation1,194,2461,103,008981,380
Amortization448,892231,965177,679
Energy Efficiency Programs658,051592,775535,760
Taxes Other Than Income Taxes910,591829,987752,785
Total Operating Expenses10,091,1827,869,7646,915,696
Operating Income2,198,1541,993,3211,988,734
Interest Expense678,274582,334538,452
Other Income, Net346,088161,282108,590
Income Before Income Tax Expense1,865,9681,572,2691,558,872
Income Tax Expense453,574344,223346,186
Net Income1,412,3941,228,0461,212,686
Net Income Attributable to Noncontrolling Interests7,5197,5197,519
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)346,783,444343,972,926338,836,147
Diluted (in shares)347,246,768344,631,056339,847,062

ES Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash$ 47,597$ 66,773
Cash Equivalents327,0060
Receivables, Net (net of allowance for uncollectible accounts)1,517,1381,226,069
Unbilled Revenues238,968210,879
Materials, Supplies, Natural Gas and REC Inventory374,395267,547
Regulatory Assets1,335,4911,129,093
Prepayments and Other Current Assets382,603369,759
Total Current Assets4,223,1983,270,120
Property, Plant and Equipment, Net36,112,82033,377,650
Deferred Debits and Other Assets:  
Regulatory Assets4,242,7944,586,709
Goodwill4,522,6324,477,269
Investments in Unconsolidated Affiliates2,176,0801,436,293
Prepaid Pension and PBOP1,045,524271,987
Marketable Securities366,508460,347
Other Long-Term Assets541,344611,769
Total Deferred Debits and Other Assets12,894,88211,844,374
Total Assets53,230,90048,492,144
Current Liabilities:  
Notes Payable1,442,2001,505,450
Long-Term Debt – Current Portion1,320,1291,193,097
Rate Reduction Bonds – Current Portion43,21043,210
Accounts Payable2,113,9051,672,230
Regulatory Liabilities890,786602,432
Other Current Liabilities989,053830,620
Total Current Liabilities6,799,2835,847,039
Deferred Credits and Other Liabilities:  
Accumulated Deferred Income Taxes5,067,9024,597,120
Regulatory Liabilities3,930,3053,866,251
Derivative Liabilities143,929235,387
Asset Retirement Obligations502,713500,111
Accrued Pension, SERP and PBOP135,473242,463
Other Long-Term Liabilities888,081971,080
Total Deferred Credits and Other Liabilities10,668,40310,412,412
Capitalization:  
Long-Term Debt19,723,99417,023,577
Rate Reduction Bonds410,492453,702
Noncontrolling Interest - Preferred Stock of Subsidiaries155,570155,570
Common Shareholders' Equity:  
Common Shares1,799,9201,789,092
Capital Surplus, Paid In8,401,7318,098,514
Retained Earnings5,527,1535,005,391
Accumulated Other Comprehensive Income/(Loss)(39,421)(42,275)
Treasury Stock(216,225)(250,878)
Common Shareholders' Equity15,473,15814,599,844
Commitments and Contingencies (Note 13)
Total Liabilities and Capitalization$ 53,230,900$ 48,492,144