ES Stock Summary and Trading Ideas (Eversource Energy (D/B/A) | NYSE:ES)

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

Eversource Energy (D/B/A) trades on the NYSE stock market under the symbol ES.

As of January 6, 2025, ES stock price declined to $56.23 with 1,605,437 million shares trading.

ES has a beta of -0.26, meaning it tends to be less sensitive to market movements. ES has a correlation of 0.02 to the broad based SPY ETF.

ES has a market cap of $20.60 billion. This is considered a Large Cap stock.

Last quarter Eversource Energy (D/B/A) reported $3 billion in Revenue and $1.13 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.05.

In the last 3 years, ES traded as high as $94.63 and as low as $52.03.

The top ETF exchange traded funds that ES belongs to (by Net Assets): VTI, VOO, VO, XLU, SPY.

ES has underperformed the market in the last year with a price return of -8.1% while the SPY ETF gained +28.5%. ES has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.6% and -1.3%, respectively, while the SPY returned +5.2% and +0.7%, respectively.

ES support price is $56.48 and resistance is $58.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ES shares will trade within this expected range on the day.