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Eversource Energy ( (ES) ) has provided an update.
At its May 6, 2026 annual meeting, Eversource Energy shareholders elected nine trustees to one‑year terms, approved 2025 executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as independent auditor for 2026. Investors decisively rejected a proposal to require an independent board chair, underscoring continued support for the current leadership structure combining the chairman and CEO roles.
Also on May 6, 2026, Eversource reported first‑quarter 2026 GAAP earnings of $606.8 million, or $1.61 per share, up from $550.8 million, or $1.50 per share, a year earlier, and declared a quarterly dividend of $0.7875 per share payable June 30, 2026. Results included a $43.9 million after‑tax charge tied to a Federal Energy Regulatory Commission order cutting transmission return on equity, even as all operating segments posted stronger earnings on the back of rate increases and ongoing infrastructure investment.
In response to the FERC decision and the expected impact of a potential Aquarion sale, Eversource trimmed its 2026 non‑GAAP recurring earnings guidance to $4.57–$4.72 per share from $4.80–$4.95, while reaffirming a 5–7 percent compound annual earnings growth outlook through 2030. Management has challenged the FERC ruling and is seeking a higher prospective ROE, signaling a contentious regulatory backdrop that could influence future returns on New England transmission projects.
The most recent analyst rating on (ES) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Eversource Energy stock, see the ES Stock Forecast page.
Spark’s Take on ES Stock
According to Spark, TipRanks’ AI Analyst, ES is a Neutral.
The score is held back primarily by mixed financial quality (elevated leverage and uneven/weak multi-year free cash flow) and bearish near-term technical momentum. Offsetting factors include supportive valuation (mid-teens P/E and ~4.45% yield) and generally constructive long-term growth messaging, though recent FERC ROE pressure and large financing needs add risk.
To see Spark’s full report on ES stock, click here.
More about Eversource Energy
Eversource Energy is a regulated utility that operates New England’s largest energy delivery system, serving about 4.6 million electric, natural gas and water customers across Connecticut, Massachusetts and New Hampshire. Listed on the NYSE under the ticker ES, the company focuses on transmission and distribution infrastructure to support regional reliability and growth.
Its operations span electric transmission, electric distribution, natural gas distribution, and water distribution, complemented by a parent and other companies segment. The business model centers on regulated returns from sustained infrastructure investment, with earnings driven by approved rate increases and network expansion across its three-state service territory.
Average Trading Volume: 2,494,658
Technical Sentiment Signal: Strong Buy
Current Market Cap: $26.1B
For detailed information about ES stock, go to TipRanks’ Stock Analysis page.