NSTAR Electric Company (NSARO)
NSTAR Electric Company operates in the Regulated Electric industry of the Utilities sector, headquartered in Boston, MA, US. The stock last traded at $79.00, up 0.00% on the session, giving a market capitalisation of $29.12B. On trailing twelve-month figures it carries a trailing P/E of 31.10, a net margin of 10.0%. Its beta of 0.08 implies it has historically moved less than the broad market.
NSTAR Electric Company operates as a regulated electric utility, primarily engaged in the procurement, transmission, distribution, and sale of electricity to a diverse client base, including residential, commercial, and industrial consumers, throughout Massachusetts. The company also manages and operates 70 megawatts of solar generation capacity. As of December 31, 2021, NSTAR's reach extended to approximately 1.46 million customers across an expansive service territory of about 3,200 square miles. This comprehensive coverage includes the city of Boston, 140 additional municipalities in both eastern and western Massachusetts, and prominent locations such as Cape Cod, Martha's Vineyard, and the wider Springfield metropolitan area. The company maintains its headquarters in Boston, Massachusetts, and ultimately operates as a subsidiary under the umbrella of Eversource Energy.
NSTAR Electric Company is most often compared with the following Utilities names: