79.42 0.00 (0.00%)
After hours: 4:37PM EST
|Bid||77.44 x 800|
|Ask||79.89 x 1000|
|Day's Range||77.99 - 80.17|
|52 Week Range||71.12 - 89.70|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||15.66|
|Earnings Date||Feb 13, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||2.86 (3.62%)|
|1y Target Est||77.27|
Consolidated Edison, Inc. (Con Edison) (ED) today announced that it is commencing the offering of $1,050,000,000 of its common shares in connection with the forward sale agreements described below. Pursuant to the forward sale agreements, the forward counterparties (as defined below) or their affiliates are expected to borrow from third parties and sell such shares to the underwriters. In addition, the underwriters are expected to be granted an over-allotment option for a period of 30 days to purchase up to an additional $115,000,000 of Con Edison common shares. To the extent that the underwriters exercise this over-allotment option, Con Edison expects to enter into additional forward sale agreements with respect to the additional shares.
After Consolidated Edison Inc’s (NYSE:ED) earnings announcement on 30 September 2018, analyst forecasts seem bearish, with earnings expected to decline by -4.2% in the upcoming year against the past 5-year Read More...
Is Consolidated Edison, Inc. (NYSE:ED) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk […]
Some heating oil service companies have rushed to deliver fuel earlier this season, while natural gas utilities are firing up emergency plans in case demand skyrockets and as more people look to switch to the cheaper fuel. Heating oil costs, particularly in the U.S. Northeast, are expected to hit four-year highs this winter.
NEW YORK, Nov. 08, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
In the third quarter, Sempra Energy's (SRE) capital expenditures, investments and acquisitions summed $972 million compared with $1,091 million in the year-ago quarter
Reliable dividend checks and low prices; this shorthand metric suggests these three utility stocks are good investment options today.
Con Ed (ED) delivered earnings and revenue surprises of 5.41% and 4.91%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had profit of $1.39 per share. Earnings, adjusted for non-recurring costs, came to $1.56 per share. The results topped Wall Street expectations. The average estimate ...
NEW YORK, Nov. 01, 2018 -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2018 third quarter net income of $435 million or $1.40 a share compared with $457.
PPL Corporation (PPL) stock has a median target price of $31.27, compared to its current market price of $29.96. This indicates an estimated upside of 4.4% for the next 12 months.
NEW YORK, Oct. 31, 2018 -- John McAvoy, chairman and chief executive officer of Consolidated Edison, Inc. (NYSE:ED), will present an overview of the company at the 2018 Edison.
Consolidated Edison (ED) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Moody's Investors Service ("Moody's") today downgraded the long-term ratings of Consolidated Edison, Inc. (ConEd, senior unsecured to Baa1 from A3) and its subsidiaries Consolidated Edison Company of New York, Inc. (CECONY, senior unsecured to A3 from A2) and Orange and Rockland Utilities, Inc. (O&R, senior unsecured to Baa1 from A3) due to a weaker financial profile. Moody's also downgraded CECONY's short-term commercial paper rating to P-2 from P-1.
Consolidated Edison's (ED) regulated utilities continues to provide it with a stable earnings base coupled with positive outcomes from the rate hike appeal by its utilities.
Will FirstEnergy Stock Continue to Rise after Strong Q3 Earnings? According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a median target price of $39.69. The stock’s current market price is $37.89, which indicates a potential upside of ~5% over the next 12 months.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
According to Wall Street analysts, Consolidated Edison (ED) stock has a median price target of $77.60 compared to its current market price of $76.20. Seven have rated it a “sell,” and one has rated it a “strong sell.” Credit Suisse raised its price target from $74 to $75 on October 17. The chart above shows how Wall Street analysts have viewed Consolidated Edison stock over the past six months.
Consolidated Edison (ED) expects ordinary earnings and dividend growth for the next few years. Its long dividend payment history and stable growth might attract conservative investors. The stock has been lagging this year. So far, it has fallen more than 8%, while the broader utilities have an average gain of 3% for the year.
Consolidated Edison (ED) expects to increase its earnings 4% over the next few years, which is in line with the industry average. Analysts are forecasting a 4% dividend increase over the next few years. Consolidated Edison’s management expects the company’s payout ratio to be 60%–70% going forward.
Consolidated Edison (ED) declared a dividend of $0.715 per share on October 18. It’s expected to pay an annualized dividend of $2.86 for 2018, implying a dividend growth of 3.6% compared to last year. Among the S&P 500 utilities, Consolidated Edison has one of the longest dividend-increasing streaks.