|Bid||85.01 x 900|
|Ask||85.03 x 900|
|Day's Range||84.60 - 85.17|
|52 Week Range||71.12 - 85.57|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||19.25|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||2.96 (3.49%)|
|1y Target Est||81.03|
"The moratorium will still go into effect after March 15," Con Edison spokesman Allan Drury said, noting the company needs to stop hooking up new gas customers to avoid compromising gas system reliability because of limited space on existing interstate pipelines into the region. Westchester County is north of New York City. New York State has blocked construction of new interstate pipelines for environmental reasons for years as Governor Andrew Cuomo and other state officials want utilities to focus more on renewable power sources and energy efficiency programs, instead of building more gas and other fossil fuel-fired power plants and infrastructure.
State regulators will direct $250 million to programs to reduce gas demand in Westchester County, state officials said in a statement Thursday. The goal is to avoid supply crunches and shorten the moratorium scheduled to go into effect Friday for new service to homes and businesses. Westchester County officials had pushed for the moratorium to be delayed.
Consolidated Edison Inc NYSE:EDView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for ED with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold ED had net inflows of $5.09 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. ED credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
NEW YORK, March 07, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Five Con Edison researchers have won prestigious recognition for findings that improve manhole safety and the maintenance of substation equipment. The employees, Josephine Aromando, Stanley Lewis, Colleen Murach, Mark Riddle and Jozsef Szabo, received the Technology Transfer Award from the Electric Power Research Institute (EPRI). “Safe, reliable energy is imperative in New York, home to millions, host to visitors from all over the world, and where top health-care, technology and educational institutions do their important work,” said Tim Cawley, president of Con Edison.
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Consolidated Edison (ED) reports better-than-expected sales in fourth-quarter 2018. For 2019, the company expects adjusted earnings per share to be in the $4.25-$4.45 range.
On a per-share basis, the New York-based company said it had profit of $1.05. Earnings, adjusted for non-recurring gains, came to 77 cents per share. The results surpassed Wall Street expectations. The ...
NEW YORK, Feb. 21, 2019 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 net income of $1,382 million or $4.43 a share compared with $1,525 million or.
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Consolidated Edison's (ED) subsidiary completes its previously announced acquisition of Sempra Energy's subsidiary for $1.6 billion.
Con Ed (ED) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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