Company Overview
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company operates regulated water utilities that provide water services to approximately 226,000 customers. It serves residential, commercial, industrial, municipal and fire protection, and other customers in Connecticut, Massachusetts, and New Hampshire. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
Company Information
- CEO
- Joseph R. Nolan Jr.
- Sector
- Utilities
- Industry
- Regulated Electric
- Employees
- 10000
Contact Information
- Website
- https://www.eversource.com
- Address
- 300 Cadwell Drive
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Utilities leader with 23.95B market capitalization
- Trading Volume: 1.90M shares traded today
- Price Range: 52-week range of $52.28 - $69.01
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Eversource Energy
Eversource Energy (ES) operates in the Regulated Electric industry within the Utilities sector. With a current market capitalization of 23.95B, the company represents a significant player in its market. The stock is currently trading at $64.54 with a negativedaily change of 1.51%.
The company's 10000 employee base and presence on the New York Stock Exchangeexchange position it as a Utilities sector leader. Investors should consider the stock's P/E ratio of 28.18, beta of 0.62, and 52-week price range from $52.28 to $69.01when evaluating investment opportunities.
Why Invest in Eversource Energy?
Strengths
- • Established market presence in Utilities
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Joseph R. Nolan Jr.
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Utilities Sector
The Utilities sector includes companies that provide essential services like electricity, gas, water, and waste management to consumers and businesses.