Eversource Energy P/E 2024

Eversource Energy P/E

12.5

Eversource Energy Dividend yield

4.56 %

Ticker

ES

ISIN

US30040W1080

WKN

A14NE5

As of Jun 1, 2024, Eversource Energy's P/E ratio was 12.5, a -122.97% change from the -54.41 P/E ratio recorded in the previous year.

The Eversource Energy P/E history

Eversource Energy Aktienanalyse

What does Eversource Energy do?

Eversource Energy is an energy provider based in Connecticut that offers electricity and gas services in Connecticut, Massachusetts, and New Hampshire. The company was founded in 1927 as Connecticut Light & Power Inc. Over the years, it has undergone several mergers and acquisitions and was eventually renamed Eversource Energy. Eversource Energy's business model focuses on the reliable and safe delivery of energy to households and businesses. The company has an extensive network of transmission and distribution lines and substations, allowing it to continuously and efficiently deliver electricity and gas. Eversource Energy Management also places emphasis on expanding renewable energy, which is reflected in the implementation of wind and solar projects. Eversource Energy specializes in several business areas, including electricity and gas supply. In the electricity supply segment, Eversource Energy operates three separate operating departments: transmission, distribution, and customer service. The transmission department is responsible for monitoring and maintaining the electricity transmission lines. These lines are responsible for distributing electricity between power plants, substations, and different regions within the Eversource Energy network. The distribution department is responsible for distributing electricity to individual households and businesses in each respective region. This department is responsible for the local distribution network as well as the installation, maintenance, and decommissioning of power lines, meters, and other equipment. The customer service department primarily handles maintenance and repair work for residential and business customers. The service includes resolving minor issues as well as conducting maintenance measures for technical malfunctions and problems with electricity or gas supply. Eversource Energy also offers a range of products and services that facilitate energy supply management for customers. These include digital services for managing energy contracts as well as smart home solutions to consolidate and analyze complex energy consumption data. In addition, Eversource Energy has taken several initiatives in recent years to promote the use of renewable energy sources such as wind and solar energy. Projects to implement solar and wind power plants and the construction of solar farms with up to 4 MW capacity have been developed in various regions. Eversource Energy employs approximately 8,000 employees worldwide, with around 4,400 in Connecticut. The company's employees are highly trained to ensure high service quality and the provision of high-quality energy products. The company is also involved in social projects and actively promotes education and training for young people in the region. Overall, Eversource Energy has established itself as one of the leading energy providers in the region. The company is based on high-quality infrastructure services and is always there to support its customers competently. With a focus on sustainable energy supply, the company pursues a forward-thinking initiative and keeps the future in mind in the fiercely competitive energy supply market. Eversource Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Eversource Energy's P/E Ratio

The Price to Earnings (P/E) Ratio of Eversource Energy is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Eversource Energy's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Eversource Energy is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Eversource Energy’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Eversource Energy Stock

What is the price-to-earnings ratio of Eversource Energy?

The price-earnings ratio of Eversource Energy is currently 12.5.

How has the price-earnings ratio of Eversource Energy changed compared to last year?

The price-to-earnings ratio of Eversource Energy has increased by -122.97% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Eversource Energy high compared to other companies?

Yes, the price-to-earnings ratio of Eversource Energy is high compared to other companies.

How does an increase in the price-earnings ratio of Eversource Energy affect the company?

An increase in the price-earnings ratio of Eversource Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Eversource Energy affect the company?

A decrease in the price-earnings ratio of Eversource Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Eversource Energy?

Some factors that influence the price-earnings ratio of Eversource Energy are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Eversource Energy pay?

Over the past 12 months, Eversource Energy paid a dividend of 2.7 USD . This corresponds to a dividend yield of about 4.56 %. For the coming 12 months, Eversource Energy is expected to pay a dividend of 2.79 USD.

What is the dividend yield of Eversource Energy?

The current dividend yield of Eversource Energy is 4.56 %.

When does Eversource Energy pay dividends?

Eversource Energy pays a quarterly dividend. This is distributed in the months of October, January, April, June.

How secure is the dividend of Eversource Energy?

Eversource Energy paid dividends every year for the past 25 years.

What is the dividend of Eversource Energy?

For the upcoming 12 months, dividends amounting to 2.79 USD are expected. This corresponds to a dividend yield of 4.7 %.

In which sector is Eversource Energy located?

Eversource Energy is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Eversource Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eversource Energy from 6/28/2024 amounting to 0.715 USD, you needed to have the stock in your portfolio before the ex-date on 5/15/2024.

When did Eversource Energy pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Eversource Energy in the year 2023?

In the year 2023, Eversource Energy distributed 2.55 USD as dividends.

In which currency does Eversource Energy pay out the dividend?

The dividends of Eversource Energy are distributed in USD.

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Andere Kennzahlen von Eversource Energy

Our stock analysis for Eversource Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Eversource Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.