Eversource Energy has grown into one of the largest utilities in the U.S. Northeast after its 2012 merger with NStar, 2017 acquisition of Aquarion, and 2020 acquisition of Columbia Gas. However, it has stumbled along the way with its ventures outside its core utilities.
Eversource raised its dividend to $2.86 per share annualized for 2024, maintaining a string of 6% dividend increases that we think can continue for several more years.
High energy prices in the Northeast can lead regulators to allow lower infrastructure returns, which would depress Eversource's earnings growth.
|
Metric
|
ES
|
ED
|
AGR
|
|---|---|---|---|
Price/Earnings (Normalized) | 13.08 | 18.33 | 23.40 |
Price/Book Value | 1.38 | 1.43 | 0.69 |
Price/Sales | 1.75 | 2.13 | 1.66 |
Price/Cash Flow | 9.27 | 7.23 | 7.27 |
|
Metric
|
ES
|
ED
|
AGR
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.66 | 0.29 |
Current Ratio | 0.77 | 0.99 | 0.58 |
Interest Coverage | 0.63 | 3.13 | 2.82 |
|
Metric
|
ES
|
ED
|
AGR
|
|---|---|---|---|
Return on Assets (Normalized) | 2.26% | 2.78% | 2.10% |
Return on Equity (Normalized) | 8.29% | 8.52% | 4.59% |
Return on Invested Capital (Normalized) | 4.60% | 5.87% | 4.13% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| NextEra Energy Inc
NEE
| Jmqymhhsz | Qlvspwx | $148.1 Bil | |||
| Southern Co
SO
| Xnckjsbgfk | Cqmthy | $85.3 Bil | |||
| Duke Energy Corp
DUK
| Zgrlsgpf | Ywjgj | $77.6 Bil | |||
| National Grid PLC ADR
NGG
| Wktffxdx | Cjj | $56.6 Bil | |||
| American Electric Power Co Inc
AEP
| Zltyjjk | Bmrjsss | $46.3 Bil | |||
| PG&E Corp
PCG
| Hsynmlpk | Tpxpm | $45.1 Bil | |||
| Dominion Energy Inc
D
| Wpygpxglr | Khnbyh | $41.2 Bil | |||
| Public Service Enterprise Group Inc
PEG
| Hdbxvvxbt | Xztfgx | $36.9 Bil | |||
| Exelon Corp
EXC
| Xvvjgpthz | Rjfvln | $34.3 Bil | |||
| Consolidated Edison Inc
ED
| Fsrtclsk | Qthm | $30.9 Bil |
:quality(80)/s3.amazonaws.com/arc-authors/morningstar/ea0fcfae-4dcd-4aff-b606-7b0799c93519.jpg)