Eversource Energy ES
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Eversource Energy (ES) Business Model and Operations Summary
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric and gas distribution service to more than 4 million customers in the Northeast US. The company plans to sell its water utility, Aquarion, in 2025. Eversource 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 US. The company exited most of its unregulated businesses in 2006.
Key Insights
Eversource Energy (ES) Core Market Data and Business Metrics
Latest Closing Price
$62.09Market Cap
$22.82 BillionPrice-Earnings Ratio
-94.08Total Outstanding Shares
367.08 Million SharesTotal Employees
10,680Dividend
$0.75 Per Share QuarterlyIPO Date
November 14, 2007SIC Description
Electric ServicesPrimary Exchange
New York Stock ExchangeHeadquarters
300 Cadwell Drive, Springfield, MA, 01104
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-392.48 Million |
| Net Cash Flow, Continuing | $70.17 Million |
| Net Cash Flow From Investing Activities | $-392.48 Million |
| Net Cash Flow From Financing Activities | $-92.94 Million |
| Net Cash Flow From Financing Activities, Continuing | $-92.94 Million |
| Net Cash Flow From Operating Activities | $555.58 Million |
Income Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations After Tax | $-116.18 Million |
| Revenues | $3.06 Billion |
| Costs And Expenses | $2.45 Billion |
| Common Stock Dividends | $0.72 |
| Nonoperating Income/Loss | $112.56 Million |
| Net Income/Loss | $-116.18 Million |
Comprehensive Income
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $1.38 Million |
| Comprehensive Income/Loss Attributable To Parent | $-116.68 Million |
| Comprehensive Income/Loss | $-114.80 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $1.88 Million |
Balance Sheet
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Fixed Assets | $41.91 Billion |
| Noncurrent Assets | $53.74 Billion |
| Redeemable Noncontrolling Interest, Preferred | $155.57 Million |
| Liabilities And Equity | $58.57 Billion |
| Current Assets | $4.83 Billion |
| Other Non-current Assets | $11.83 Billion |
Historical Dividends
Current dividend: $0.75 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 29, 2025 | Mar 31, 2025 | Mar 4, 2025 | $0.7525 | Quarterly |
| Dec 4, 2024 | Dec 31, 2024 | Dec 18, 2024 | $0.715 | Quarterly |
| Sep 12, 2024 | Sep 30, 2024 | Sep 23, 2024 | $0.715 | Quarterly |
| May 1, 2024 | Jun 28, 2024 | May 16, 2024 | $0.715 | Quarterly |
| Jan 31, 2024 | Mar 29, 2024 | Mar 5, 2024 | $0.715 | Quarterly |
| Dec 5, 2023 | Dec 29, 2023 | Dec 18, 2023 | $0.675 | Quarterly |