News stories about Eversource Energy (NYSE:ES) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eversource Energy earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 44.9436128434142 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities research analysts recently issued reports on ES shares. Zacks Investment Research lowered shares of Eversource Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Morgan Stanley raised shares of Eversource Energy from an “equal weight” rating to an “overweight” rating and set a $72.00 price objective for the company in a research note on Wednesday, December 13th. Bank of America started coverage on shares of Eversource Energy in a research note on Tuesday, October 24th. They issued an “underperform” rating and a $62.00 price objective for the company. Credit Suisse Group lifted their price objective on shares of Eversource Energy from $60.00 to $63.00 and gave the company a “neutral” rating in a research note on Monday, October 2nd. Finally, Williams Capital lifted their price objective on shares of Eversource Energy from $64.00 to $66.00 and gave the company a “buy” rating in a research note on Monday, October 23rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Eversource Energy presently has an average rating of “Hold” and an average target price of $64.95.
Shares of Eversource Energy (NYSE:ES) traded down $0.17 on Friday, reaching $61.35. 2,800,000 shares of the company traded hands, compared to its average volume of 1,970,000. The company has a market cap of $19,440.00, a P/E ratio of 19.92, a PEG ratio of 3.12 and a beta of 0.31. Eversource Energy has a 12-month low of $54.10 and a 12-month high of $66.15. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 0.95.
The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Monday, December 18th were issued a $0.475 dividend. The ex-dividend date was Friday, December 15th. This represents a $1.90 annualized dividend and a yield of 3.10%. Eversource Energy’s dividend payout ratio (DPR) is presently 61.69%.
In related news, COO Werner J. Schweiger sold 10,098 shares of Eversource Energy stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $64.68, for a total value of $653,138.64. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.53% of the company’s stock.
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Eversource Energy Company Profile
Eversource Energy is a utility holding company engaged in the energy delivery business. The Company operates through three segments: electric distribution, electric transmission and natural gas distribution. The Company’s electric distribution segment consists of the distribution businesses, which are engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts, and New Hampshire and the regulated electric generation businesses.
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