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Has Exelon (EXC) Outpaced Other Utilities Stocks This Year?
ZACKS· 2026-03-23 14:42
For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Exelon (EXC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Utilities sector should help us answer this question.Exelon is a member of the Utilities sector. This group includes 107 individual s ...
These 3 Dividend Kings Have Paid for Decades — and Won't Stop Now
247Wallst· 2026-03-23 11:23
Core Insights - The article discusses three companies known as "Dividend Kings," which have consistently paid and increased dividends for over 50 years, indicating strong financial health and stability [4][6]. Group 1: Company Profiles - **Walmart**: The world's largest physical retailer with a market cap of $1 trillion, operates over 10,000 locations, and generated $713.2 billion in revenue for fiscal 2026, a 4.7% increase year-over-year. Its online advertising business grew by 46% year-over-year, and earnings per share reached $2.64, up by 5.2% year-over-year [8][10]. - **Procter & Gamble**: Established for nearly 200 years, it has paid dividends for 135 consecutive years, including 69 years of increases. The company reported a 1% increase in net sales for essential products in Q2 FY26, with diluted earnings per share of $1.78, covering a quarterly dividend of $1.06 per share [11][13]. - **Consolidated Edison**: One of the oldest utility companies in the U.S., it recently celebrated its 200th anniversary. The company generated $2.02 billion in net income last year, equating to $5.66 per share, and raised its dividend for the 52nd consecutive year to an annualized $3.55 per share [14][15][16]. Group 2: Dividend Growth and Stability - Dividend Kings must increase their payouts annually, which requires consistent revenue and profit growth. This growth is often achieved through market share expansion and improved margins [5][6]. - The article emphasizes that these companies are well-established, with strong product lineups and a history of weathering various economic cycles, making them reliable for long-term shareholders [2][6].
JPMorgan, KeyBanc Update Views on Consolidated Edison (ED) while Maintaining Underweight Ratings
Yahoo Finance· 2026-03-18 04:53
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized among the 14 Quality Stocks with the Highest Dividends, indicating its strong dividend performance [1] - JPMorgan raised its price recommendation for Consolidated Edison to $113 from $107 while maintaining an Underweight rating, reflecting updated models across the North American utilities group [2] - KeyBanc increased its price objective for Consolidated Edison to $96 from $86, also maintaining an Underweight rating, citing alignment with the company's Q4 results and updated guidance for 2026 [3] Group 2 - In February, Consolidated Edison announced a public offering of 7,000,000 common shares, with J.P. Morgan Securities LLC acting as the underwriter for the offering [4] - Consolidated Edison is one of the largest investor-owned energy delivery companies in the United States, providing a wide range of energy-related products and services through its subsidiaries [5]
14 Quality Stocks with Highest Dividends
Insider Monkey· 2026-03-18 04:10
In this article, we will take a look at the 14 Quality Stocks with Highest Dividends.Fidelity portfolio managers said it is hard to predict which stocks will lead in the coming year. Even so, they have identified a group of companies they believe are positioned to perform across different market conditions. These tend to be established blue-chip firms across a range of industries. They have shown resilience during periods of volatility and have the ability to grow earnings steadily over time.Sammy Simnegar, ...
Consolidated Edison (ED) Price Target Increased to $117
Yahoo Finance· 2026-03-12 03:56
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the 11 Best Utility Stocks to Buy for Dividends in 2026 [1] - The company operates one of the largest energy delivery systems globally, serving 10 million people in New York City and Westchester County [2] - Evercore ISI raised its price target for Consolidated Edison from $106 to $117 while maintaining an 'In Line' rating, following adjustments in estimates for the power and utilities sector after Q4 earnings [3][8] Group 2 - In Q4 2025, Consolidated Edison exceeded earnings and revenue estimates, reporting adjusted earnings of $5.70 per share, an increase from $5.40 the previous year [4] - For FY 2026, the company anticipates adjusted EPS between $6.00 and $6.20, slightly above Wall Street's estimate of $6.01, with a targeted five-year adjusted EPS compound annual growth rate of 6% to 7% [5]
Con Edison Executives to Meet with Investors in March 2026
Prnewswire· 2026-03-11 20:30
Core Viewpoint - Consolidated Edison, Inc. is set to meet with investors in March 2026 to discuss its operations and future strategies [1] Group 1: Company Overview - Consolidated Edison, Inc. operates as a holding company providing a variety of energy-related products and services through its subsidiaries [1] - The main subsidiaries include Consolidated Edison Company of New York, Inc., which offers electric, gas, and steam services in New York City and surrounding areas, and Orange and Rockland Utilities, Inc., serving a 1,300-square mile area in southeastern New York State and northern New Jersey [1] - Con Edison Transmission, Inc. focuses on developing and investing in electric transmission projects and owns electric and gas assets through joint ventures [1] Group 2: Investor Engagement - The investor meetings are scheduled for the week of March 16, 2026, with presentations available on Con Edison's website [1] - The company aims to enhance communication with investors regarding its performance and strategic direction [1]
How Is Consolidated Edison's Stock Performance Compared to Other Utility Stocks?
Yahoo Finance· 2026-03-11 14:07
Core Viewpoint - Consolidated Edison, Inc. (ED) is a significant player in the regulated electric, gas, and steam delivery sectors in the U.S., with a market capitalization of $40.2 billion and approximately 3.7 million customers in New York City and Westchester County [1]. Company Performance - ED's stock is currently trading 3.4% below its 52-week high of $115.25, which was recorded on February 3 [3]. - Over the past three months, ED has increased by 16.7%, outperforming the State Street Utilities Select Sector SPDR ETF (XLU), which rose by 9% during the same period [3]. - In the longer term, ED's stock has risen by 4.4% over the past 52 weeks, underperforming XLU's 19.2% increase [6]. - ED has maintained trading above its 200-day and 50-day moving averages since January, indicating bullish momentum [6]. Financial Results - For Q4 2025, ED reported revenue of $4 billion, exceeding Wall Street estimates, with an adjusted EPS of $0.89, also surpassing expectations [7]. Analyst Sentiment - The consensus among 19 analysts tracking ED is a "Hold," with a mean price target of $110.53, which is below current price levels [8].
Consolidated Edison (ED) Could Be a Great Choice
ZACKS· 2026-03-09 16:45
Core Insights - The primary focus for income investors is generating consistent cash flow from liquid investments, particularly through dividends [1][2] Company Overview - Consolidated Edison (ED) is a utility company based in New York, with a stock price change of 13.05% since the beginning of the year [3] - The company currently pays a dividend of $0.89 per share, resulting in a dividend yield of 3.16%, which is higher than the Utility - Electric Power industry's yield of 2.72% and the S&P 500's yield of 1.42% [3] Dividend Analysis - The annualized dividend of Consolidated Edison is $3.55, reflecting a 4.4% increase from the previous year [4] - Over the past five years, the company has increased its dividend five times, averaging an annual increase of 2.28% [4] - The current payout ratio is 60%, indicating that the company pays out 60% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Consolidated Edison anticipates solid earnings growth, with the Zacks Consensus Estimate for 2026 at $6.08 per share, representing a year-over-year growth rate of 6.67% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [5] - High-growth firms typically do not provide dividends, while established companies with secure profits are viewed as better dividend options [6] - Consolidated Edison is considered an attractive dividend investment and has a Zacks Rank of 2 (Buy), indicating a compelling investment opportunity [6]
KeyBanc Lifts Con Edison (ED) Target to $96 on Updated Capital Plan and Guidance
Yahoo Finance· 2026-03-09 01:39
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the Dividend Kings, highlighting its strong dividend performance [1] - KeyBanc raised its price target for Consolidated Edison to $96 from $86 while maintaining an Underweight rating, indicating that the company's recent fourth-quarter results and future guidance were largely in line with expectations [2] - The company announced a public offering of 7 million common shares, which will be underwritten by J.P. Morgan Securities, with proceeds aimed at supporting capital needs and general corporate purposes [3][4] Group 2 - Consolidated Edison operates as an energy-delivery company through its subsidiaries, providing a variety of energy-related products and services [5] - The settlement of the share offering agreement is expected by December 31, 2026, although the company may opt for earlier settlement or cash alternatives [4]
Consolidated Edison Boosts Grid Investment and Clean Energy Growth
ZACKS· 2026-03-02 18:35
Core Insights - Consolidated Edison's capital investment program is designed to enhance core infrastructure and operational capabilities, improving service reliability and resilience against system stresses [1] - The company is currently rated Zacks Rank 2 (Buy), indicating a positive outlook despite facing risks related to regulator-approved rate plans [1] Investment Plans - Consolidated Edison has a systematic capital investment plan, spending $5 billion in 2025, an increase from $4.73 billion in the previous year [2] - The company has outlined a robust capital expenditure plan of $38 billion for the 2026-2030 period, with a total investment goal of $72 billion over the next 10 years to enhance energy infrastructure [2][8] - These investments aim to provide reliable, resilient, safe, and clean energy to customers in New York [2] Renewable Energy Initiatives - The company is focused on building an energy grid that delivers reliable, clean energy to meet electrification needs, supporting its net-zero carbon emission goal by 2050 [3] - As industries adopt clean energy, Consolidated Edison is expanding its renewable energy portfolio to capitalize on economic and environmental incentives in the utility-scale renewable energy market [4] Regulatory Challenges - The company operates under state utility regulators' approved rate plans, which limit the rates it can charge customers, potentially affecting cost recovery [5][8] - Actual costs may exceed the amounts allowed in rate plans, and regulators may scrutinize the prudence of incurred costs, impacting recovery from customers [6] Stock Performance - Over the past three months, Consolid Edison shares have increased by 16.7%, outperforming the industry's growth of 6% [7]