Eversource Takes a Hit as Regulators Reset ROE and Trigger Refund Risk
Briefly

Eversource Takes a Hit as Regulators Reset ROE and Trigger Refund Risk
"Bank of America analyst Ross Fowler trimmed his price target to $73 from $82 while maintaining a Buy rating, citing headwinds from a new FERC ruling. Despite that compression, Fowler kept his Buy rating, signaling confidence that Eversource's regulated growth platform and capital deployment can absorb the headwind."
"Eversource's five-year capital plan totals $26.5 billion through 2026-2030, with rate base projected to grow from $30.6 billion to $49.3 billion by 2030. For retirement investors, that compounding asset base drives predictable, regulated earnings growth for years ahead."
"The quarterly dividend has risen to $0.7875 per share in 2026, up from $0.7525 throughout 2025, continuing a multi-decade growth streak. At current prices, the stock yields approximately 4.49%, providing meaningful income for retirement portfolios."
Eversource Energy's stock has decreased 11.51% recently, trading at $67.44, despite a 11.84% gain over the past year. Analysts have a cautious outlook, with a price target of $73, reflecting headwinds from a new FERC ruling. Bank of America analyst Ross Fowler adjusted his price target while maintaining a Buy rating, citing Eversource's regulated growth and capital deployment. The company's five-year capital plan aims for significant rate base expansion, and its dividend growth streak continues, providing income for investors.
Read at 24/7 Wall St.
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