Consolidated Edison, Inc. (ED)
| Market Cap | 25.68B |
| Revenue (ttm) | 12.69B |
| Net Income (ttm) | 1.15B |
| Shares Out | 342.20M |
| EPS (ttm) | 3.39 |
| PE Ratio | 21.97 |
| Forward PE | 17.70 |
| Dividend | $3.08 |
| Dividend Yield | 4.13% |
| Trading Day | June 22 |
| Last Price | $74.46 |
| Previous Close | $75.19 |
| Change ($) | -0.73 |
| Change (%) | -0.97% |
| Day's Open | 75.07 |
| Day's Range | 74.40 - 75.38 |
| Day's Volume | 2,235,089 |
| 52-Week Range | 64.91 - 82.33 |
New York State just closed its last nuclear unit at Indian Point. How will it achieve its aggressive CO2 goals without it?
NEW YORK, June 15, 2021 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced today it has agreed to issue 10,100,000 of its common shares. These common shares are being offered...
The transaction boosts the growth prospects of the buyer while enhancing the sellers' balance sheets.
NEW YORK, June 2, 2021 /PRNewswire/ -- Con Edison has completed projects throughout New York City and Westchester County to maintain its industry-leading reliability while continuing to lead the state's...
HOUSTON and NEW YORK, June 1, 2021 /PRNewswire/ -- Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood") and Consolidated Edison, Inc. (NYSE: ED) ("Con Edison") today announced that their subsidiaries...
There are just some income-oriented companies you know are going to be market leaders for the long haul.
Con Edison's CEO Timothy Cawley To Speak At Citi 2021 Global Energy And Utilities Virtual Conference
NEW YORK, May 11, 2021 /PRNewswire/ -- Timothy Cawley, chief executive officer of Consolidated Edison, Inc. (NYSE: ED), will participate in the Citi 2021 Global Energy & Utilities Virtual Conference on ...
Consolidated Edison's (ED) top line increases 13.7% year over year in Q1 primarily owing to higher electric, gas, steam and non-utility revenues.
Con Ed (ED) delivered earnings and revenue surprises of 5.15% and 4.77%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, May 6, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2021 first quarter net income for common stock of $419 million or $1.23 a share compared with $375 ...
Consolidated Edison's (ED) Q1 revenues are expected to have benefited from favorable weather pattern. However, record snowfall might have pushed up its costs
AES' Q1 results are expected to reflect positive impacts of cost-saving initiatives, Fluence joint-venture and Southland repowering project.
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Con Ed (ED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
These companies have delivered elite dividend growth over the years.
NEW YORK, April 21, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 1st Quarter 2021 earnings on May 6, 2021 after the market closes. Consolidated Edison, Inc....
NEW YORK, April 21, 2021 /PRNewswire/ -- A consumer research group today bestowed an award on Con Edison for using its new smart meters to improve programs that pay residential customers for reducing th...
NEW YORK, April 15, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 77.5 cents a share on its common stock, payable June 15, 2021 to stockholders ...
A fully open economy could energize these companies.
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NEW YORK, March 22, 2021 /PRNewswire/ -- Twelve newly trained solar installers are placing panels on New York City Housing Authority developments to provide clean power at discounted rates for low- and ...
Con Ed (ED) reported earnings 30 days ago. What's next for the stock?
According to the GuruFocus All-In-One Screener, a Premium feature, the following utilities were trading with low price-sales ratios as of March 16.
Picking the right retirement stocks can mean the difference between a so-so retirement and a great one. Here are three to consider.
This trio can energize your passive income.
Big yields don't mean much if the payouts aren't reliable and aren't poised to at least outgrow inflation.
These companies offer even more compelling yields following their sell-off over the past year.
Consolidated Edison's (ED) bottom line drops 12.8% year over year in the fourth quarter due to lower operating income.
Con Ed (ED) delivered earnings and revenue surprises of 4.17% and -3.16%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Feb. 18, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2020 net income for common stock of $1,101 million or $3.29 a share compared with $1,343 million ...
Shares of Consolidated Edison (NYSE:ED) decreased in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 13.79% year over year to $0.75, which miss...
Total Q4 earnings of Utility stocks are expected to drop 2.8% year over year on 0.1% lower revenues.
Consolidated Edison's (ED) Q4 results are expected to benefit from favorable weather pattern. Yet, storm-related expenses might have dragged down its bottom line.
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These sleepy stocks could enrich patient investors willing to hold for the long term.
NEW YORK, Feb. 3, 2021 /PRNewswire/ -- Con Edison customers continued their rapid adoption of solar energy in 2020, despite the economic and logistical challenges the coronavirus pandemic posed. Custome...
I discuss 3 utilities that are yielding over 4% and are undervalued based on P/E ratio. The utilities have been impacted by lower demand caused by COVID-19 and company specific challenges.
My dividend stock portfolio was burnt by dividend cuts in 2020 and lost over $800+ in forward dividend income. Therefore, I was ready to get back to basics and acquire more shares in the best quality di...
Consolidated Edison seems to be a utility in the midst of a battleground, raging around the city of New York. This article serves to establish a thesis on the utility. While care does need to be taken i...
NEW YORK, Jan. 22, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2020 earnings on February 18, 2021 after the market closes. Consolidated Edison, Inc. is one ...
NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 77.5 cents a share on its common stock, payable March 15, 2021 to stockholders ...
In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. To rank stocks, I use DVK Qualit...
In December, we received $4,699.20 in dividend income. That is a 23.4% increase compared to last year. We received $3,500 from our retirement accounts this month alone. In total, our dividend income inc...
Abbott Laboratories announced a massive 25% dividend increase in December. This was the company's 49th consecutive dividend increase. The banking sector received a nice jolt in December when the Fed ann...
The S&P 500 has a trailing price-earnings ratio of more than 42 at the moment. Even using expected earnings per share for the next year results in a forward price-earnings ratio of more than 26.
I believe this stock is roughly 15-20% undervalued at its current price of $70. Con Ed is four years shy of Dividend King status and shows no signs of slowing down with the next increase expected next m...
About ED
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,576 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jer... [Read more...]
| Industry Utilities-Regulated Electric | Founded 1884 |
| CEO John McAvoy | Employees 14,071 |
| Stock Exchange NYSE | Ticker Symbol ED |
Financial Performance
In 2020, ED's revenue was $12.25 billion, a decrease of -2.61% compared to the previous year's $12.57 billion. Earnings were $1.10 billion, a decrease of -18.02%.
Analyst Forecasts
According to 17 analysts, the average rating for ED stock is "Sell." The 12-month stock price forecast is 75.79, which is an increase of 1.79% from the latest price.