Eversource Energy Outperforms CenterPoint Energy on Key Metrics, Zacks Says

Industry
โดย Zacks Investment Research·Read original
Summary · why it matters

Zacks Investment Research compared CenterPoint Energy and Eversource Energy, concluding that Eversource offers better return potential based on several financial metrics. Eversource's return on equity stands at 11.59%, above CenterPoint's 10.56% and the industry average of 11.22%, while its dividend yield of 4.49% exceeds CenterPoint's 2.13%. Eversource also carries a lower debt-to-capital ratio of 64.50% versus CenterPoint's 68.31%, and holds a Zacks Rank of 3 (Hold) compared to CenterPoint's Rank of 4 (Sell). CenterPoint's long-term earnings growth estimate is 8.85%, higher than Eversource's 3.25%, but Eversource's stronger efficiency and shareholder returns led Zacks to favor it at this time.

Impact on stocks 2

Energy Transition & Power Demand± Mixed · 2 stocks
CenterPoint Energy Inc
CNP
▼ NegativeCapitalrelevance

Zacks ranks CenterPoint as Sell (Rank 4) and highlights weaker ROE, dividend yield, and higher debt ratio compared to Eversource.

Eversource Energy
ES
▲ PositiveCapitalrelevance

Zacks favors Eversource with a Hold rank (Rank 3) and notes superior ROE, dividend yield, and lower debt ratio.