Eversource Energy (D/B/A) ($ES) Stock Forecast: Down 5.1% Today

What is Eversource Energy (D/B/A)?

Eversource Energy Inc. (NYSE: ES) is a utility company with a current stock price of $62.99. The stock had a slight decrease of 0.03% in the current market session but has shown significant growth over the past month and year.

Why is Eversource Energy (D/B/A) going down?

ES stock is down 5.1% on Mar 4, 2025 20:51

• The bearish movement in ES stock today could be attributed to the overall negative sentiment in the utility sector due to rising utility bills across the nation.
• A surge in nationwide utility prices might have raised concerns about potential impacts on utility companies like Eversource Energy.
• The potential boom in solar spending and positive outlook for solar stocks could have shifted investor focus away from traditional utility companies like Eversource Energy, contributing to the bearish movement in ES stock.
• Investors may be reevaluating their portfolios and considering the future prospects of renewable energy sources like solar, leading to a temporary dip in traditional utility stocks such as Eversource Energy.

ES Price Chart

ES Technical Analysis

ES News

Price Over Earnings Overview: Eversource Energy - Eversource Energy ( NYSE:ES )

In the current market session, Eversource Energy Inc. ES stock price is at $62.99, after a 0.03% decrease. However, over the past month, the company's stock spiked by 8.55%, and in the past year, by 8.34%.

https://www.benzinga.com/insights/news/25/03/44086835/price-over-earnings-overview-eversource-energy

Your Soaring Electric Bill Signals the Next Big Market Opportunity

Hello, Reader. Tom Yeung here with today’s Smart Money. Earlier this month, I found myself staring at a crisp white envelope on my desk. The paper seemed to glow under the fluorescent lamp… a glossy corporate logo in the corner winking ominously at me. It was… cue the foreboding music… my utility bill. Now, I knew my Massachusetts-state utility bill would be high, because New England has the worst utility prices in the nation. However, it was even higher than I expected, because a surge in nationwide utility prices means that just about all Americans’ utility bills are rising 60% faster than average inflation. Here’s the thing: This little envelope from my utility company and the sky-high bill likely sitting in your own inbox have more to do with your portfolio’s potential profits than you think. For the first time since moving into our home, we’re considering adding solar panels to this 200-year-old house. And as millions of other homeowners (and their state representatives) come to the same conclusion, we’re going to see a new boom in solar spending. As Eric detailed in a recent Smart Money, solar stocks may soon become hot, hot, hot once again… especially during this second Trump administration. So, in today’s Smart Money, I’d like to dive deeper into the solar industry’s latest, upcoming revolution, why we could see an uptick in solar spending, and what this all means for your portfolio. Let’s dive in…

https://investorplace.com/smartmoney/2025/02/high-electric-bill-reveals-markets-next-big-opportunity/

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Eversource Energy (D/B/A) Price History

14.01.2024 - ES Stock was up 5.4%

• The fourth quarter earnings and revenues of Eversource Energy fell short of expectations, which could potentially impact the stock. However, the adjusted earnings showed an increase compared to the previous year.
• The company's decision to sell its shares in two wind projects to GIP IV Whale Fund Hold could be a contributing factor to the positive stock movement. This move may indicate a strategic decision to focus on other aspects of the company's operations.
• The deviation from consensus on earnings and revenues could be attributed to the company's exit from offshore wind ventures and its intention to divest its water distribution business. These actions reflect a shift in priorities for Eversource Energy.
• Overall, despite the missed estimates, the market appears to have responded favorably to the company's strategic choices and the potential growth prospects of its various business segments.

03.09.2023 - ES Stock was down 5.8%

• The bearish movement in ES today could be attributed to the negative sentiment surrounding utility stocks, as indicated by the articles. Here's what might have caused the market movement:
• The article titled "Ticking Time Bombs: 3 Utilities Stocks to Dump Before the Damage Is Done" suggests that savvy investors may want to consider selling utilities stocks, potentially leading to a decrease in demand for ES shares.
• The article "Is Eversource Energy (ES) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap" raises concerns about ES being a value trap, which could have triggered selling pressure on the stock.
• The overall market sentiment towards utilities stocks being mispriced and the focus on tech and growth companies, as mentioned in an article from Investor Place, could have diverted investor attention away from ES, contributing to the bearish movement.
• In summary, the negative sentiment towards utilities stocks and concerns about ES being a value trap likely influenced the bearish movement in ES today.

10.00.2024 - ES Stock was down 7.7%

• The bearish movement in ES today can be attributed to the following factors:
• 1. Divestment of wind assets: Eversource Energy is in advanced talks to sell its stake in three offshore wind projects, which is expected to result in impairment costs of $1.6 billion. This news of divestment and potential charges could have negatively impacted investor sentiment, leading to the bearish movement in ES.
• 2. Market reaction to utility movers: ES was among the losers in the utility sector, which saw a decline of 0.57%. The negative performance of the sector as a whole could have influenced the bearish movement in ES.
• 3. Uncertainty in the energy sector: The overall market for utility companies has been experiencing volatility, and this could have contributed to the bearish movement in ES. Investors may be cautious due to various factors such as regulatory changes, market competition, and shifts in energy policies.
• In summary, the bearish movement in ES today can be attributed to the divestment of wind assets, impairment charges, negative performance in the utility sector, and overall uncertainty in the energy market.

12.09.2023 - ES Stock was down 5.1%

• The stock of Constellation Energy (CEG) experienced a strong bearish movement today. This could be attributed to several factors:
• 1. Industry Comparison: The article highlights the importance of assessing companies in the Electric Utilities industry. If Constellation Energy's performance is deemed weaker compared to its competitors, it could have contributed to the bearish movement of its stock.
• 2. Financial Indicators: The article mentions a detailed analysis of important financial indicators. If these indicators reflect a decline in Constellation Energy's financial performance, it could have influenced the bearish market movement.
• 3. Market Standing: The article discusses evaluating Constellation Energy's market standing. If the assessment reveals a decrease in market share or a loss of competitive advantage, it could have impacted the bearish movement of the stock.
• 4. Growth Potential: The article emphasizes evaluating the growth potential of Constellation Energy. If the analysis suggests a lack of promising growth prospects, it could have contributed to the bearish market movement.
• Overall, the bearish movement of Constellation Energy's stock today could be attributed to factors such as weaker performance compared to competitors, unfavorable financial indicators, a decline in market standing, and a lack of promising growth potential.

14.01.2024 - ES Stock was up 5.3%

• Fourth-quarter earnings and revenues of Eversource Energy fell short of expectations, potentially impacting the stock. However, adjusted earnings saw an increase compared to the previous year.
• The company's decision to sell its shares in two wind projects to GIP IV Whale Fund Hold could have bolstered investor sentiment, contributing to the positive movement in the stock.
• Despite the revenue shortfall, Eversource Energy expressed confidence that its adjusted EPS for FY24 will surpass expectations, which may have further contributed to the stock's positive movement.
• The overall market sentiment surrounding Eversource Energy's departure from the offshore wind business and potential sale of its water distribution business might have also influenced the stock's positive movement.

04.02.2025 - ES Stock was down 5.1%

• The bearish movement in ES stock today could be attributed to the overall negative sentiment in the utility sector due to rising utility bills across the nation.
• A surge in nationwide utility prices might have raised concerns about potential impacts on utility companies like Eversource Energy.
• The potential boom in solar spending and positive outlook for solar stocks could have shifted investor focus away from traditional utility companies like Eversource Energy, contributing to the bearish movement in ES stock.
• Investors may be reevaluating their portfolios and considering the future prospects of renewable energy sources like solar, leading to a temporary dip in traditional utility stocks such as Eversource Energy.

13.01.2025 - ES Stock was up 5.3%

• ES reported Q4 earnings and revenues that exceeded estimates, showcasing strong financial performance.
• The closed sale of projects and increased investments are expected to have positively impacted ES' earnings, driving investor confidence and pushing the stock price higher.
• The market reacted positively to the news, indicating that investors are optimistic about ES' growth prospects and financial health in the energy sector.