With a market cap of $27.1 billion, Springfield, Massachusetts-based Eversource Energy (ES) is a public utility holding company that provides electricity, natural gas, and water services across Connecticut, Massachusetts, and New Hampshire. It operates through electric distribution, electric transmission, natural gas, and water distribution segments, including solar power facilities.
Shares of the power provider have outperformed the broader market over the past 52 weeks. ES stock has risen 17.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 13.4%. In addition, shares of the company are up 24.6% on a YTD basis, compared to SPX's 14.3% gain.
