Eversource Energy is a utility holding company, which is engaged in the energy delivery business through its subsidiaries. Its segments include Electric Distribution, Electric Transmission, Natural Gas Distribution and Water Distribution. The Electric Distribution segment is engaged in the distribution of electricity to retail customers in Connecticut, Massachusetts and New Hampshire, respectively, and the solar power facilities of NSTAR Electric. The Electric Transmission segment own and maintains transmission facilities that are part of an interstate power transmission grid over which electricity is transmitted throughout New England. We show 39 historical shares outstanding datapoints in our ES shares outstanding history coverage, used to compute ES market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ES market cap history over the course of time is important for investors
interested in comparing ES's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ES versus a peer is one thing; comparing
ES market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ES can fluctuate over the course of history.
With this page we aim to empower investors researching ES by allowing them to research the ES market cap history. |
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Video: The Importance of Market Cap
