Eversource Energy (ES) and Its Peers Financial Survey

Eversource Energy (NYSE:ES – Get Free Report) is one of 104 publicly-traded companies in the “Electric Utilities” industry, but how does it weigh in compared to its rivals? We will compare Eversource Energy to similar businesses based on the strength of its analyst recommendations, valuation, risk, earnings, institutional ownership, dividends and profitability.

Dividends

Eversource Energy pays an annual dividend of $3.15 per share and has a dividend yield of 4.5%. Eversource Energy pays out 83.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 64.1% of their earnings in the form of a dividend. Eversource Energy has increased its dividend for 2 consecutive years.

Valuation & Earnings

This table compares Eversource Energy and its rivals gross revenue, earnings per share and valuation.

Eversource Energy’s rivals have higher revenue, but lower earnings than Eversource Energy. Eversource Energy is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of recent ratings for Eversource Energy and its rivals, as reported by MarketBeat.

Eversource Energy presently has a consensus price target of $73.17, suggesting a potential upside of 5.15%. As a group, “Electric Utilities” companies have a potential upside of 3.92%. Given Eversource Energy’s higher probable upside, analysts clearly believe Eversource Energy is more favorable than its rivals.

Institutional & Insider Ownership

80.0% of Eversource Energy shares are owned by institutional investors. Comparatively, 60.0% of shares of all “Electric Utilities” companies are owned by institutional investors. 0.2% of Eversource Energy shares are owned by company insiders. Comparatively, 6.2% of shares of all “Electric Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Eversource Energy and its rivals’ net margins, return on equity and return on assets.

Risk & Volatility

Eversource Energy has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500. Comparatively, Eversource Energy’s rivals have a beta of -2.29, suggesting that their average stock price is 329% less volatile than the S&P 500.

Summary

Eversource Energy rivals beat Eversource Energy on 9 of the 15 factors compared.

About Eversource Energy

(Get Free Report)

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 operates regulated water utilities that provide water services to approximately 241,000 customers. It serves 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.