Eversource Energy (ES) is among the top 10 renewable energy dividend stocks to buy. Goldman Sachs raised the price target for ES from $79 to $80, maintaining a ‘Buy’ rating. In Q3, ES reported earnings of $367.5 million, a significant increase from last year’s loss of $118.1 million, with revenue growing over 5% to $3.22 billion.

ES reaffirmed its 5-year capital plan of $24.2 billion through 2029 and adjusted profit forecast for FY 2025 to $4.72 to $4.80 per share. The company expects EPS compound growth rate of 5% to 7% from a 2024 base of $4.57 per share. Despite potential as an investment, certain AI stocks offer greater upside potential.

For more utility stock options, check out the ’12 Best Utility Stocks to Buy for Dividends’ and ’11 Best High Yield Energy Stocks to Buy Now’ articles. No disclosures.

Read more at Yahoo Finance: Eversource Energy (ES) Price Target Raised by Goldman Sachs