Eversource Energy Stock
Eversource Energy Stock
Pros and Cons of Eversource Energy in the next few years
Pros
Cons
Performance of Eversource Energy vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Eversource Energy | 0.900% | 0.000% | 5.556% | -19.149% | 1.786% | -23.490% | -9.047% |
Nextera Energy Inc. | 0.650% | 6.581% | 12.875% | -2.422% | 21.002% | 9.190% | 57.741% |
Consolidated Edison Inc. | 1.370% | 2.488% | 9.522% | 0.377% | 10.672% | 41.184% | 17.440% |
Duke Energy Corp. | 0.860% | 3.226% | 7.353% | 5.366% | 8.493% | 14.699% | 19.023% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Eversource Energy (NYSE: NU), an electrical utilities and independent power producers (IPPs) industry player, has displayed a financial performance that warrants careful consideration. The company's financials during the past few years have shown growth in certain areas while encountering challenges in others. An in-depth analysis of its balance sheets, cash flow statements, and income statements can shed light on the company's financial health and future prospects.
Pros 1. Growing Total Assets: Eversource's total assets have increased consistently from $46.1 billion in 2020 to $48.5 billion in 2021, and then to $53.2 billion in 2022. This growth implies that the company has been successful in expanding its asset base, fostering greater confidence in its stability and potential for future growth.
Steady Increase in Shareholder Equity: The company's total stockholder equity has shown consistent growth over the past few years, rising from $14.1 billion in 2020 to $15.0 billion in 2021, and then to $15.7 billion in 2023. This growth demonstrates that Eversource has been able to retain earnings and reinvest in the business, leading to higher shareholder value.
Comments
News
3 large caps near 52-week lows with large dividends
How fitting that Thursday night’s full moon was also referred to as the ‘wolf moon.’
U.S. stock indices howled to fresh all-time highs this week as the first full moon of 2024 lit up the evening