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 also operates regulated water utilities that provides water services to 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 was incorporated in 1927 and is headquartered in Springfield, Massachusetts.
ESG Considerations | Analysts note lack of clear ESG sponsorship compared to peers, presenting both risks and opportunities for Eversource in an evolving energy landscape |
Growth Projections | Eversource targets 5-7% EPS growth through 2028, supported by an 8% rate base growth from 2023-2029 and additional capital opportunities |
Strategic Divestment | Sale of Aquarion segment for $2.4 billion could strengthen Eversource's balance sheet and focus on core electric and gas distribution businesses |
Regulatory Hurdles | Eversource faces challenges in Connecticut's regulatory landscape, potentially impacting growth and financial performance in this key market |

Metrics to compare | ES | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipESPeersSector | |
|---|---|---|---|---|
P/E Ratio | 15.3x | 20.4x | 12.7x | |
PEG Ratio | 0.15 | 1.48 | 0.02 | |
Price / Book | 1.6x | 2.1x | 1.3x | |
Price / LTM Sales | 1.9x | 3.1x | 1.7x | |
Upside (Analyst Target) | 7.2% | 6.4% | 10.6% | |
Fair Value Upside | Unlock | −10.3% | 2.3% | Unlock |