Eversource Energy (NYSE:ES) is included among the 13 Best Consistent Dividend Stocks to Buy Now.
On October 27, Wells Fargo’s analyst Shahriar Pourreza began coverage on Eversource Energy with an Overweight rating and a price target of $79, describing the stock as a value opportunity after what is expected to be a “structurally challenging” 2025. The firm anticipates improvements ahead, including a regulatory recovery in Connecticut, progress on financing initiatives such as the Aquarion sale, and the completion of the Revolution Wind project.
Earlier, on October 17, Eversource Energy announced that it would record an after-tax charge of approximately $75 million, or $0.20 per share, in the third quarter tied to increased liabilities related to the sale of its South Fork Wind and Revolution Wind projects to Global Infrastructure Partners. The company also narrowed its full-year adjusted earnings guidance to a range of $4.72–$4.80 per share, compared to the previous estimate of $4.67–$4.82.
Eversource Energy serves about 4.6 million customers across Connecticut, Massachusetts, and New Hampshire, providing electricity, natural gas, and water services.
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