ES
UtilitiesEversource Energy · Regulated Electric · $26B
What is Eversource Energy?
Eversource Energy is a regulated utility holding company serving customers across Connecticut, Massachusetts, and New Hampshire. It delivers electricity, natural gas, and water services to millions of residential and commercial customers throughout New England.
Eversource earns revenue primarily through regulated electric transmission and distribution, natural gas distribution, and water utility operations. Because rates are set by state regulators, the business generates predictable cash flows tied to infrastructure investment rather than commodity prices. The company serves residential, commercial, industrial, and municipal customers, with its water segment alone reaching roughly a quarter-million customers across its service territory.
Formerly known as Northeast Utilities, Eversource Energy adopted its current name in April 2015 and is headquartered in Springfield, Massachusetts.
- Regulated electric transmission and distribution across New England
- Natural gas distribution to homes and businesses
- Regulated water utility services to approximately 226,000 customers
- Solar power generation facilities
- Infrastructure investment programs supporting grid modernization
Is ES a Good Stock to Buy?
UQS Score rates ES as Below Average overall, reflecting a mixed profile where certain structural strengths are offset by meaningful concerns.
Eversource's Moat pillar earns a Good label, consistent with the regulatory barriers and geographic exclusivity that protect a utility franchise. Valuation also comes in at Good, suggesting the stock is not trading at a premium relative to its fundamentals — a consideration for income-oriented investors watching entry points.
The Risk pillar registers as Weak, which is the most notable drag on the overall score. Quality and Growth both land at Neutral, indicating neither a compelling earnings trajectory nor a deteriorating one.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ES pay dividends?
Yes — Eversource Energy pays a dividend.
Eversource pays a regular dividend, consistent with the income-oriented nature of regulated utilities. The company's predictable, rate-regulated cash flows support ongoing distributions to shareholders. Investors typically view utility dividends as a core part of total return, and Eversource's long history of payouts reflects that tradition. For current yield and payout details, the company's investor relations page is the most reliable source.
When does ES report earnings?
Eversource Energy reports earnings on a quarterly cadence, typical for US-listed equities.
As a regulated utility, Eversource's quarterly results tend to reflect rate case outcomes, capital spending levels, and weather-driven demand rather than broad economic cycles. Revenue and earnings visibility is generally higher than in unregulated sectors, though regulatory decisions and financing costs can introduce variability.
For the most recent quarter's results and guidance, visit Eversource Energy's investor relations page directly.
ES Price History
-0.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Eversource Energy?
Based on Eversource Energy's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ES Long-term Outlook
Eversource's Growth pillar at Neutral suggests a steady but unexceptional expansion trajectory. Regulated utilities grow primarily by investing capital in grid and infrastructure upgrades, then earning an allowed return — a model that limits upside but also limits downside. The Weak Risk pillar warrants attention, as elevated leverage and regulatory uncertainty in its operating states could pressure future earnings. The Good Valuation label indicates the market may already be pricing in some of these concerns.
Growth drivers
- Ongoing grid modernization and capital investment programs earning regulated returns
- Expansion of water utility infrastructure serving New England communities
- Potential rate case approvals supporting revenue growth across service territories
Key risks
- Elevated financial risk profile as flagged by the Weak Risk pillar
- Regulatory decisions in Connecticut, Massachusetts, and New Hampshire that could limit allowed returns
- Rising interest rates increasing the cost of the debt-heavy capital structure typical of utilities
ES vs Peers
Eversource operates in a regulated utility landscape alongside several peers serving overlapping customer profiles and investor bases.
Edison International focuses on electric utility operations in Southern California, giving it a different regulatory environment and wildfire-related risk exposure compared to Eversource's New England footprint.
CenterPoint Energy serves customers across the South and Midwest with a heavier natural gas distribution emphasis, distinguishing its geographic and commodity mix from Eversource's multi-service New England model.
CMS Energy operates primarily in Michigan through its Consumers Energy subsidiary, offering a more concentrated single-state regulated utility profile versus Eversource's three-state service territory.
Frequently Asked Questions
What does Eversource Energy do?
Eversource Energy is a regulated utility holding company that transmits and distributes electricity, distributes natural gas, and provides water services across Connecticut, Massachusetts, and New Hampshire. It earns revenue through state-regulated rates rather than open-market commodity sales, giving the business a relatively predictable cash flow profile.
Does ES pay dividends?
Yes, Eversource Energy pays a regular dividend. Regulated utilities like Eversource typically prioritize consistent dividend payments as a core part of shareholder return. For the current dividend amount and payment schedule, check the company's investor relations page or your brokerage's data feed.
When does ES report earnings?
Eversource reports earnings on a quarterly cadence, in line with standard US-listed company practice. Exact dates vary each quarter. For the upcoming earnings release schedule, refer to Eversource Energy's investor relations page.
Is ES a good stock to buy?
The UQS Score rates ES as Below Average overall. While the Moat and Valuation pillars earn Good labels, the Weak Risk pillar and Neutral readings on Quality and Growth temper the overall picture. Investors should weigh the income appeal of the dividend against the elevated risk profile before making a decision.
Is ES overvalued?
The UQS Valuation pillar for ES is rated Good, suggesting the stock does not appear richly priced relative to its fundamentals. For regulated utilities, valuation is often assessed in the context of dividend yield and allowed returns — both of which are visible in the full UQS Pro breakdown.
How does ES compare to its competitors?
Eversource competes with regulated utilities like Edison International, CenterPoint Energy, and CMS Energy. Each operates in different geographies with distinct regulatory environments. Eversource's New England multi-state footprint and combined electric, gas, and water operations set it apart from peers with narrower service profiles. See the full comparison in the UQS platform.
What is ES's market cap bracket?
Eversource Energy is classified as a large-cap stock. This places it among the more substantial regulated utilities in the US market, with the scale to undertake significant infrastructure investment programs across its three-state service territory.
Who founded Eversource Energy?
Eversource Energy traces its roots to Northeast Utilities, which was established in 1973. The company rebranded to Eversource Energy in April 2015. Founding history and corporate lineage details are publicly available through the company's official communications and regulatory filings.
Is ES a long-term quality indicator?
As a long-term quality indicator, the UQS Score places ES at Below Average, driven largely by a Weak Risk pillar. The Good Moat rating reflects durable regulatory barriers, but long-term investors should monitor how the company manages its balance sheet and navigates ongoing rate cases across its service states.
What is the main competitive advantage of Eversource Energy?
Eversource's primary competitive advantage is its regulated utility franchise — geographic exclusivity backed by state regulation. This creates a natural moat that prevents direct competition within its service territory. The UQS Moat pillar reflects this structural protection, rating it as Good relative to the broader market.
What sector does ES belong to?
Eversource Energy belongs to the Utilities sector. Regulated utilities are generally characterized by stable, predictable revenues, significant infrastructure assets, and income-oriented investor bases. You can explore other [top Utilities stocks](/sector/utilities) on the UQS platform.
Is ES a growth stock or value stock?
Based on the UQS pillar profile, ES leans toward value rather than growth. The Growth pillar sits at Neutral, reflecting modest expansion expectations typical of regulated utilities. The Good Valuation label suggests the stock may appeal more to income and value-oriented investors than those seeking high earnings growth.
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Pro Analysis
ES — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 46.4 | 47.2 | 61.0 | 43.1 | 5.4 | 66.2 | -0.4 |
| May 10, 2026 | 46.8 | 29.4 | 61.0 | 41.9 | 39.2 | 66.3 | +3.7 |
| May 9, 2026 | 43.1 | 52.8 | 61.0 | 12.7 | 5.4 | 75.6 | -3.6 |
| May 8, 2026 | 46.7 | 29.4 | 61.0 | 41.9 | 39.2 | 65.8 | +0.8 |
| May 7, 2026 | 45.9 | 44.7 | 61.0 | 42.3 | 5.0 | 68.5 | +0.3 |
| May 6, 2026 | 45.6 | 44.7 | 61.0 | 42.3 | 5.0 | 66.6 | +0.1 |
| May 3, 2026 | 45.5 | 44.7 | 61.0 | 41.4 | 5.0 | 67.1 | -0.3 |
| May 2, 2026 | 45.8 | 44.7 | 61.0 | 41.4 | 5.0 | 68.8 | -0.3 |
| Apr 28, 2026 | 46.1 | 44.7 | 61.0 | 42.0 | 5.0 | 70.2 | -0.1 |
| Apr 26, 2026 | 46.2 | 44.7 | 61.0 | 42.1 | 5.0 | 70.5 | +0.1 |
ES — Pillar Breakdown
Quality
— 47.2/100 (25%)Eversource Energy has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 43.2/100 (20%)Eversource Energy shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 5.4/100 (15%)Eversource Energy presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 66.3/100 (15%)Eversource Energy trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 61/100 (25%)Eversource Energy has meaningful competitive advantages that should protect its market position. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ES.
Score Composition
Financial Data
More Stock Analysis
How is the ES UQS Score Calculated?
The UQS (Unified Quality Score) for Eversource Energy is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Eversource Energy's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Eversource Energy is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.