Eversource Energy Holds Annual Shareholder Meeting

Eversource Energy ( (ES) ) just unveiled an update.

On May 1, 2025, Eversource Energy held its Annual Meeting of Shareholders, where several key proposals were voted on, including the election of trustees and the approval of an amendment to its Declaration of Trust to eliminate supermajority voting requirements and allow virtual annual meetings. The company reported strong financial results for the first quarter of 2025, with earnings of $550.8 million, up from $521.8 million in the same period in 2024. Eversource also reaffirmed its earnings projections for the fiscal year and highlighted its strategic divestiture of the Aquarion water business, positioning itself as a pure-play regulated utility company with growth opportunities.

Spark’s Take on ES Stock

According to Spark, TipRanks’ AI Analyst, ES is a Neutral.

Eversource Energy demonstrates stable financial performance typical of its industry with strong operational efficiency and consistent revenue trends. Despite high leverage, strategic initiatives and a strong dividend yield provide a positive outlook. The stock shows neutral technical indicators, with potential risks from regulatory uncertainties and equity dilution. Overall, Eversource Energy presents a balanced investment opportunity, with strategic growth initiatives offsetting financial and regulatory challenges.

To see Spark’s full report on ES stock, click here.

More about Eversource Energy

Eversource Energy operates New England’s largest energy delivery system, serving approximately 4.6 million electric, natural gas, and water customers in Connecticut, Massachusetts, and New Hampshire.

YTD Price Performance: 4.83%

Average Trading Volume: 2,954,176

Technical Sentiment Signal: Buy

Current Market Cap: $21.83B

See more data about ES stock on TipRanks’ Stock Analysis page.