|Bid||89.98 x 800|
|Ask||90.26 x 800|
|Day's Range||88.93 - 90.42|
|52 Week Range||75.25 - 94.97|
|Beta (5Y Monthly)||0.04|
|PE Ratio (TTM)||21.28|
|Earnings Date||Feb 18, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||2.96 (3.32%)|
|Ex-Dividend Date||Nov 10, 2019|
|1y Target Est||90.00|
California's largest utility PG&E shut off power to millions of people over the course of October and November to avoid starting more wildfires that previously devastated the state. Meanwhile, PG&E said enforcing intermittent power outages could continue for another 10 years as it works to upgrade its system. Federal Energy Regulatory Commission, Chairman Neil Chatterjee, joins the On the Move to discuss California's energy crisis and how it plans to solve it.
Today we will run through one way of estimating the intrinsic value of Consolidated Edison, Inc. (NYSE:ED) by taking...
Consolidated Edison, Inc. (Con Edison) (ED) declared a quarterly dividend of 76.5 cents a share on its common stock, payable March 16, 2020 to stockholders of record as of February 19, 2020, an annualized increase of 10 cents over the previous annualized dividend of $2.96 a share. “The increase in the dividend, the 46th consecutive annual increase for stockholders, reflects our continued emphasis on providing a return to our investors while meeting the needs of our customers,” said Robert Hoglund, Con Edison’s senior vice president and chief financial officer. The company continues to target a dividend payout ratio of between 60% and 70% of its adjusted earnings.
The utilities sector is made up of companies that provide services to homes and businesses, such as electricity, natural gas, water, and sewage. Among the largest and best-known companies in the sector are Dominion Energy Inc. (D), Duke Energy Corp. (DUK), and Consolidated Edison Inc. (ED).
An investment affiliate of Starwood Energy Group Global, LLC ("Starwood") and Energy Management, Inc. ("EMI"), announced today that it closed on the sale of Lakehurst Solar ("Lakehurst") to Consolidated Edison Development, Inc. ("Con Edison Development"), a subsidiary of Consolidated Edison, Inc. (NYSE: ED).
Moody's Investors Service ("Moody's") today affirmed the long-term and short-term ratings of Consolidated Edison, Inc. (ConEd) and its subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY) and Orange and Rockland Utilities, Inc. (O&R).
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Extreme heat, coastal storm surge, inland flooding and more violent storms are the most significant climate-driven impacts to Con Edison’s energy delivery systems and its customers through the 21st century, according to a report issued today. The report (coned.com/resilience), developed by Con Edison in collaboration with ICF and Columbia University’s Lamont-Doherty Earth Observatory, leverages the latest available climate science data. The study evaluated present-day infrastructure, design specifications, and procedures against expected climate change to better understand its future impact on Con Edison’s energy delivery systems.
Dividend investors usually focus on companies that have a long track record of increasing their dividends year after year. The companies with at least 25 years of consecutive dividend increases are especially favored by income oriented investors. This is actually not a bad idea as long as these companies continue to increase dividends. However, when […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of September […]
NEW YORK, Dec. 03, 2019 -- Con Edison and a coalition of other major power companies have filed a petition to challenge the Trump Administration’s climate policies for the.
Today we are going to look at Consolidated Edison, Inc. (NYSE:ED) to see whether it might be an attractive investment...
Con Edison received two prestigious industry awards from PA Consulting at its national ReliabilityOne™ conference held in Austin last night: the 2019 Outstanding Customer Reliability Experience Award, as well as the organization’s Award for Outstanding Reliability in the Northeast Region. The Customer Reliability Experience Award is presented to the recipient who has the best overall customer approach and ongoing strategy to seek innovative methods of involving and engaging customers, seizing the opportunity to deliver a positive shift in conveying accurate, timely information; the regional reliability awards are presented annually to utilities achieving outstanding reliability performance in delivering the most reliable electric service to customers.
NEW YORK, Nov. 20, 2019 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) announced today that it will redeem all of its outstanding $400,000,000 2.00% Debentures, Series.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Consolidated Edison, Inc. New York, November 08, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Consolidated Edison, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
NEW YORK, Nov. 06, 2019 -- John McAvoy, chairman and chief executive officer of Consolidated Edison, Inc. (NYSE:ED), will present an overview of the company at the 2019 Edison.
Con Edison, the large New York-based utility company, is scaling back its investment in the troubled Mountain Valley Pipeline. Con Edison (NYSE: ED) revealed in a U.S. Securities and Exchange Commission filing Monday that its subsidiary CET Gas will cap its investment in MVP, the 300-mile pipeline that has been mired in legal cases on the state and federal level, to $530 million. Con Edison has already spent about $488 million.
Con Ed (ED) delivered earnings and revenue surprises of -3.14% and -3.80%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Nov. 04, 2019 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2019 third quarter net income for common stock of $473 million or $1.42 a share.