Eversource transmits and delivers electricity and natural gas and supplies water to approximately 4.3 million customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of about 9,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service.
Company profile
Ticker
ES
Exchange
Website
CEO
James Judge
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
NORTHEAST UTILITIES, NORTHEAST UTILITIES SYSTEM
SEC CIK
Corporate docs
IRS number
42147929
ES stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
26 May 23
8-K
Eversource Energy Announces Agreement to Sell Interest in Uncommitted Offshore Lease Area
25 May 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
11 May 23
424B5
Prospectus supplement for primary offering
9 May 23
FWP
Free writing prospectus
8 May 23
FWP
Free writing prospectus
8 May 23
FWP
Free writing prospectus
8 May 23
424B3
Prospectus supplement
8 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Eversource Energy Reports First Quarter 2023 Results
3 May 23
Transcripts
ES
Earnings call transcript
2022 Q4
14 Feb 23
ES
Earnings call transcript
2022 Q3
3 Nov 22
ES
Earnings call transcript
2022 Q2
29 Jul 22
ES
Earnings call transcript
2021 Q4
17 Feb 22
ES
Earnings call transcript
2021 Q3
3 Nov 21
ES
Earnings call transcript
2021 Q2
30 Jul 21
ES
Earnings call transcript
2021 Q1
10 May 21
ES
Earnings call transcript
2020 Q4
17 Feb 21
ES
Earnings call transcript
2020 Q3
4 Nov 20
ES
Earnings call transcript
2020 Q2
31 Jul 20
Latest ownership filings
3
DANIEL J NOVA
9 Jun 23
4
LINDA DORCENA FORRY
6 Mar 23
144
Notice of proposed sale of securities
3 Mar 23
4
WERNER J SCHWEIGER
24 Feb 23
4
John M. Moreira
24 Feb 23
4
JOSEPH R NOLAN JR
24 Feb 23
4
Penelope M Conner
24 Feb 23
4
Christine M Carmody
24 Feb 23
4
GREGORY B BUTLER
24 Feb 23
4
JAY S. BUTH
24 Feb 23
Financial summary
| Quarter (USD) | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 218.13 mm | 218.13 mm | 218.13 mm | 218.13 mm | 218.13 mm | 218.13 mm |
| Cash burn (monthly) | 49.96 mm | 50.91 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 1.02 bn | 1.04 bn | n/a | n/a | n/a | n/a |
| Cash remaining | -799.84 mm | -819.11 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -16.0 | -16.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
82.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 818 |
| Opened positions | 84 |
| Closed positions | 104 |
| Increased positions | 317 |
| Reduced positions | 269 |
| 13F shares | Current |
|---|---|
| Total value | 21.08 tn |
| Total shares | 288.59 mm |
| Total puts | 29.00 k |
| Total calls | 115.20 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 45.69 mm | $3.58 tn |
| BLK Blackrock | 38.26 mm | $2.99 tn |
| STT State Street | 24.63 mm | $1.93 tn |
| Ofi Invest Asset Management | 18.43 mm | $235.55 mm |
| WFC Wells Fargo & Co. | 7.74 mm | $605.38 bn |
| Geode Capital Management | 7.55 mm | $589.48 bn |
| Charles Schwab Investment Management | 6.72 mm | $504.24 bn |
| LGEN Legal & General | 6.31 mm | $493.64 bn |
| Magellan Asset Management | 5.17 mm | $404.76 bn |
| Nordea Investment Management Ab | 4.72 mm | $370.06 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Mar 23 | Linda Dorcena Forry | Common Shares, $5.00 par value | Sell | Dispose S | No | No | 75.028 | 1,554 | 116.59 k | 8,252 |
| 22 Feb 23 | Jay S. Buth | Common Shares, $5.00 par value | Payment of exercise | Dispose F | No | No | 80.27 | 547 | 43.91 k | 19,392 |
| 22 Feb 23 | Gregory B Butler | Common Shares, $5.00 par value | Payment of exercise | Dispose F | No | No | 80.27 | 3,580 | 287.37 k | 78,415 |
| 22 Feb 23 | Penelope M Conner | Common Shares, $5.00 par value | Payment of exercise | Dispose F | No | No | 80.27 | 573 | 45.99 k | 7,929 |
News
Analyst Expectations for Eversource Energy's Future
7 Jun 23
Higher Time Frame Analysis With MandoTrading. How Much More Upside Does This Rally Have In The Tank?
7 Jun 23
JP Morgan Maintains Neutral on Eversource Energy, Lowers Price Target to $78
7 Jun 23
Stocks That Hit 52-Week Lows On Tuesday
30 May 23
Eversource Divests Stake In JV Land For $625M
26 May 23
Press releases
Daniel Nova Named to Eversource Board of Trustees
26 May 23
Eversource Energy Announces Agreement to Sell Interest in Uncommitted Offshore Lease Area
25 May 23
Eversource Energy Reports First Quarter 2023 Results
3 May 23
Eversource Energy to Discuss First Quarter Results
17 Apr 23
Gulf Coast Region Playing Leading Role in Buildout of U.S. Offshore Wind Industry, Including Work on First-Ever American-Built Offshore Wind Service Vessel
4 Apr 23