|Bid||86.94 x 800|
|Ask||87.10 x 800|
|Day's Range||86.03 - 87.33|
|52 Week Range||71.12 - 87.33|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||19.90|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||2.96 (3.44%)|
|1y Target Est||83.60|
Today we'll evaluate Consolidated Edison, Inc. (NYSE:ED) to determine whether it could have potential as an investment...
U.S. equities are rebounding on Wednesday thanks to another positive headline out of the President Donald Trump Administration. Specifically, it sounds like a decision on possible tariffs on auto imports from Europe will be delayed. Ostensibly, this is to clear the way to concentrate on the standoff with China and give the markets enough good news to keep prices stable.So far, it appears to be working. The Dow Jones Industrial Average is rebounding back above its 200-day moving average, the third day of testing this critical support level, and looks set for a challenge of overhead resistance near the 26,000 level. The tech-heavy Nasdaq Composite looks even better, attempting to climb back above the 50-day moving average thanks to big gains in the likes of Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). * 10 Retirement Stocks That Won't Wilt in a Bear Market But its the income-oriented stocks that are catching my eye as investors pile into defensive names on the expectation that we've yet to see the last of this latest bout of volatility. Here are four names to watch:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Utility Stocks to Buy: American Electric Power (AEP)Shares of American Electric Power (NYSE:AEP) are pushing up and out of a three-month consolidation range as it continues a steady long-term uptrend that goes back to the 2009 bear market low. Two days ago, as the Dow plunged below its 200-day moving average for the first time in months, AEP stock was pushing to a new record high.Shares carry a 3.1% dividend yield. The company is scheduled to next report results on July 24 before the bell. Analysts are looking for earnings of $1 per share on revenues of $4.1 billion. When the company last reported on April 25, earnings of $1.19 per share beat estimates by eight cents on a 2.5% rise in revenues. Aqua America (WTR)Shares of water utility Aqua America (NYSE:WTR) have also been flirting with new highs in recent days, jumping up and over resistance that's been in play since late 2017. The company, based in Pennsylvania, pays a 2.2% dividend yield. Analysts at Coker Palmer recently defended the name after soft quarterly results, noting it was more about timing discrepancies than softness in the underlying business. * 6 Trade War Stocks With a Lot of Risk The company is scheduled to next report results on Aug. 1 after the close. Analysts are looking for earnings of 39 cents per share on revenues of $226.9 million. When the company last reported on May 2, earnings of 28 cents per share missed estimates by two cents on a 3.5% rise in revenues. Consolidated Edison (ED)Like the other names presented here, Consolidated Edison (NYSE:ED) shares are using the current market volatility to push to new record highs, jumping over resistance from prior highs set in late 2017 as it exits a three-month consolidation range. The stock pays a 3.5% dividend yield. Analysts at Bank of America Merrill Lynch recently upgraded shares to "buy," and set a $94-a-share price target.The company will next report results on Aug. 1 after the close. Analysts are looking for earnings of 61 cents per share on revenues of $2.8 billion. When the company last reported on May 2, earnings of $1.39 beat estimates by three cents on $3.4 billion in revenues. Southern Company (SO)Shares of power utility Southern Company (NYSE:SO) are also pushing to new highs this week, breaking up and out of a three-month consolidation range. This caps a near-30% rise off of its late December low, breaking free of a sideways channel that went back to 2016. Evercore ISI analysts recently upgraded the stock, which carries a dividend yield of 4.6%. * 7 Dividend Stocks to Buy as the Trade War Reignites The company will next report results on Aug. 7 before the bell. Analysts are looking for earnings of 71 cents per share on revenues of $5.1 billion. When the company last reported on May 1, earnings of 70 cents per share missed estimates by two cents on a 15.1% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 4 Dividend-Focused Utilities Pushing Higher appeared first on InvestorPlace.
NEW YORK, May 13, 2019 -- John McAvoy, chairman and chief executive officer of Consolidated Edison, Inc. (NYSE:ED), will present an overview of the company at the 2019 American.
Income investors have long turned to the utility sector for reliable dividend stocks, and for good reason. are prime examples of high-quality dividend stocks from the utility sector. Both companies have impressive histories of dividend growth.
Consolidated Edison, Inc. (Con Edison) (ED) today announced the offering of 5,800,000 of its common shares. In connection with the forward sale agreement described below, the forward counterparty (as defined below) has agreed to borrow from third parties and sell such shares to Wells Fargo Securities, LLC, which is acting as the underwriter in connection with this offering. The underwriter may offer the common shares in transactions on the New York Stock Exchange, in the over-the-counter-market or through negotiated transactions at market prices or negotiated prices.
Consolidated Edison Inc NYSE:EDView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for ED with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ED. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.83 billion over the last one-month into ETFs that hold ED are among the lowest of the last year and appear to be slowing. 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 of the last 3 years, 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.
Consolidated Edison's (ED) first-quarter 2019 earnings came in lower than the year-ago quarter's figure due to higher operating expenses.
Con Ed (ED) delivered earnings and revenue surprises of 2.22% and 3.58%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the New York-based company said it had net income of $1.31. Earnings, adjusted for non-recurring costs, were $1.38 per share. The results exceeded Wall Street expectations. The average ...
Consolidated Edison, Inc. (Con Edison) (ED) today reported first quarter net income for common stock of $424 million or $1.31 a share compared with $428 million or $1.38 a share in 2018. Adjusted earnings in the 2019 period exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments in certain renewable electric production projects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses). Adjusted earnings also exclude the Clean Energy Businesses’ net mark-to-market effects.
EQM Midstream Partners LP said Tuesday it was "unlikely" to complete the long-delayed $4.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia during 2019 due to ongoing legal and regulatory challenges. EQM Chief Executive Thomas Karam told analysts on a call that the project was about 80 percent complete and the company remained confident it would get the pipeline built. When EQM started construction in February 2018, it estimated Mountain Valley would cost about $3.5 billion and be completed by the end of 2018.
Entergy's (ETR) service territories witnessed below-normal temperatures that may have negatively impacted its first-quarter 2019 results.
Edison International (EIX) expects that the approval of the Z-factor filing will lead to a benefit of approximately 5 cents per share in the first quarter of 2019.
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.
In first-quarter 2019, DTE Energy (DTE) announces the opening of the Pine River Wind Park, which is the largest in Michigan along with being the company's most cost-effective wind project till date.
American Electric's (AEP) first-quarter earnings are expected to benefit from favorable rate case outcomes and lower tax rates.
CMS Energy (CMS) announces a 7% hike in the quarterly dividend during the first quarter of 2019, which indicates improved profitability for the company.
In December 2018, Consolidated Edison, Inc. (NYSE:ED) released its latest earnings announcement, which indicated that the company experienced a slight head...
Long-term income investors know that yield isn't everything when it comes to dividend stocks. Steadily rising payouts pay off down the road, too.Not only do rising dividends lift the yield on an investor's original cost basis, they're indicative of a firm's ability to withstand the economy's - and the market's - inevitable ups and downs."Dividend growers tend to be quality franchises built to weather diverse market environments," BlackRock portfolio manager Tony DeSpirito and now-retired BlackRock PM Robert Shearer wrote in a 2015 report. "If you think about it, these are generally high-quality businesses with ample free cash flow, and that's precisely what's needed to grow the dividend. So you have a very attractive combination of quality franchises, solid balance sheets and positive trends in cash flow and earnings."The Dividend Aristocrats are companies in Standard & Poor's 500-stock index that have raised their payouts every year for at least 25 consecutive years. They are a host of household names that offer size, longevity and familiarity, providing comfort amid market uncertainty.Here are the current 57 Dividend Aristocrats - including several new faces that were just added in January 2019. These have been among the best dividend stocks for income growth over the past few decades, and they're a great place to start if you're looking to add new dividend holdings to your long-term portfolios. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
NEW YORK, April 18, 2019 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 74 cents a share on its common stock, payable June 17, 2019 to.
NEW YORK, April 16, 2019 -- Consolidated Edison, Inc. (Con Edison) plans to report its 1st Quarter 2019 earnings on May 2, 2019 after the market closes..