Workflow
Con Edison(ED)
icon
Search documents
Steady Quarterly Payouts from My 7-Year Income Machine Journey
247Wallst· 2025-10-02 13:38
Core Insights - The article discusses the significance of investing in companies with a strong history of dividend payments and consistent growth, highlighting the concept of "Dividend Aristocrats" and "Dividend Kings" as indicators of stability and reliability in investments [3][4][5]. Company Analysis - **Coca-Cola Company**: Holds a 40% share of the global non-alcoholic beverage market and is recognized as a Dividend King with 64 years of consecutive dividend increases. The company benefits from a robust brand presence and a diversified product portfolio, including high-growth brands like Fuze Tea and Powerade [5][6][7]. - **Realty Income Corporation**: Operates a vast portfolio of 15,600 properties with a 98.5% occupancy rate. The company prioritizes monthly dividend distributions and has maintained this practice since its inception in 1969, achieving Dividend Aristocrat status in 2020. Its current dividend yield is 5.31% [9][19]. - **Consolidated Edison**: One of the oldest utility companies in the US, supplying electricity, natural gas, and steam to over 5 million customers. It has a dividend yield of 3.41% and is recognized as a Dividend King, reflecting its long-standing reliability and importance in New York's infrastructure [10][11][13]. - **Verizon Communications**: The largest US wireless carrier, with a focus on expanding its 5G and AI technologies. It has a dividend yield of 6.33% and has increased dividends for 19 consecutive years, positioning itself for future growth in the rapidly evolving telecom sector [14][16][17]. Industry Trends - The article emphasizes the importance of investing in essential industries such as telecom, utilities, real estate, and food and beverage, which are expected to provide stable income and growth opportunities despite market fluctuations [19].
CON EDISON LEADERSHIP TO WEBCAST INVESTOR PRESENTATION ON OCTOBER 7
Prnewswire· 2025-10-01 20:30
Core Points - Consolidated Edison, Inc. will host a webcast for an investor presentation titled "Delivering Reliable and Resilient Energy for the Future" on October 7, 2025, from 8:30 a.m. to 10 a.m. Eastern Time [1][4] - The presentation will include a question-and-answer session and will feature senior leadership from the company [2][6] Company Overview - Consolidated Edison, Inc. is a holding company that provides a variety of energy-related products and services through its subsidiaries, including Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), and Con Edison Transmission, Inc. [2] - CECONY is a regulated utility that offers electric service in New York City and Westchester County, gas service in parts of Manhattan, the Bronx, Queens, and Westchester, and steam service in Manhattan [2] - O&R serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey [2] - Con Edison Transmission, Inc. focuses on developing and investing in electric transmission projects and owns electric and gas assets through joint ventures [2] Financial Performance - Consolidated Edison, Inc. reported a net income of $246 million for the second quarter of 2025, translating to earnings of $0.68 per share [7]
Why Income Investors Trust Consolidated Edison (ED) in Uncertain Times
Yahoo Finance· 2025-09-29 17:24
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the 10 Best Recession Proof Dividend Stocks to Buy, appealing to income-focused investors due to its stable demand and regulated pricing [1][2] - The company has established a stable earnings base by focusing on regulated utilities, although it faces challenges such as population declines in New York City and regulatory reluctance to approve higher rates [3] - Consolidated Edison has a long history of paying dividends, having increased its payouts for 51 consecutive years, currently offering a quarterly dividend of $0.85 per share with a dividend yield of 3.41% as of September 26 [5] Group 2 - The company is responsible for upgrading and maintaining New York City's infrastructure, which requires significant investment to meet the demands of a dense urban environment [4] - The steady cash flow from its utility services supports a reliable and gradually growing dividend, making it a trusted option for income investors during uncertain times [2][5]
How Consolidated Edison’s (ED) Consistent Payouts Strengthen its Case Among Cheap Dividend Stocks
Yahoo Finance· 2025-09-20 15:51
Group 1 - Consolidated Edison, Inc. (NYSE:ED) is recognized for its strong dividend growth, having raised dividends for 51 consecutive years and maintaining regular payouts since 1885, currently paying a quarterly dividend of $0.85 per share [4] - The company operates in the electric and gas utility sector, serving the New York City region, and benefits from steady demand and regulated rates, which provide dependable cash flow [2] - Consolidated Edison plans to invest $38 billion in its utility infrastructure through the end of the decade, which is expected to drive steady earnings growth and support ongoing increases to its dividend, currently yielding nearly 3.5% [3] Group 2 - The consistent dividend payouts of Consolidated Edison make it an attractive option for investors seeking reliable income [2] - The company's operations are characterized by a stable revenue stream due to regulated rates, which enhances its investment appeal [2]
CON EDISON TO WEBCAST INVESTOR PRESENTATION 'Delivering Reliable and Resilient Energy for the Future' ON OCTOBER 7, 2025
Prnewswire· 2025-09-17 20:30
Group 1 - Consolidated Edison, Inc. will host an investor presentation titled "Delivering Reliable and Resilient Energy for the Future" on October 7, 2025, from 8:30 a.m. to 10 a.m. Eastern Time [1] - The corporate leadership team, led by Tim Cawley, will discuss the company's strategy to support New York State's clean energy goals while ensuring a safe and reliable grid [2] - The presentation will include a question-and-answer session, with additional details and a link to the live webcast to be provided before the event [3] Group 2 - Consolidated Edison, Inc. operates through subsidiaries including Consolidated Edison Company of New York, Inc., which provides electric, gas, and steam services in New York City and surrounding areas [4] - Orange and Rockland Utilities, Inc. serves customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey [4] - Con Edison Transmission, Inc. focuses on developing and investing in electric transmission projects and owns electric and gas assets through joint ventures [4]
Is Consolidated Edison Stock Underperforming the Dow?
Yahoo Finance· 2025-09-12 06:44
Company Overview - Consolidated Edison, Inc. (ED) is a leading provider of regulated electric, gas, and steam services in New York City, New Jersey, and Westchester County, with a market cap of $35 billion [1][2] - The company has a 200-year-old reputation and has established a strong foothold in the utilities sector, categorized as a large-cap stock due to its substantial size and influence [2] Stock Performance - ED stock has declined 14.9% from its all-time high of $114.87 on April 4, and has dropped 4.7% over the past three months, underperforming the Dow Jones Industrial Average's 7.6% gains during the same period [3] - Over the longer term, ED stock has gained 9.5% year-to-date but has declined 5.9% over the past 52 weeks, slightly outperforming the Dow's 8.4% uptick in 2025 [4] - The stock has traded mostly below its 50-day moving average since early May and fell below its 200-day moving average in late August [4] Financial Performance - Following the release of Q2 results on August 7, ED's stock price observed a marginal dip, despite impressive overall performance [5] - The company reported solid revenue growth across all its businesses, with electric revenues growing 8.9%, gas revenue surging 22.2%, and steam revenues soaring 20.5% [5] - Overall, the company's topline reached $3.6 billion, up 11.6% year-over-year, beating market expectations by 6.2%, and net income for the quarter grew by 21.8% year-over-year to $246 million [5] Peer Comparison - ED has underperformed its peer, The Southern Company (SO), which saw an 11.9% surge in 2025 and 3.8% gains over the past 52 weeks [6]
Consolidated Edison: Beating Expectations, Yet Still Discounted
Seeking Alpha· 2025-09-04 15:56
Group 1 - Consolidated Edison has demonstrated its reliability as a regulated utility by exceeding expectations in Q2 2025 and confirming its annual profit forecast [1] - The quarterly report showed strong performance with net income figures that surpassed analyst predictions [1] Group 2 - The company continues to maintain a solid position in the utility sector, reflecting stability and consistent growth [1]
Why Consolidated Edison (ED) is a Top Value Stock for the Long-Term
ZACKS· 2025-08-14 14:41
Company Overview - Consolidated Edison, Inc. (ConEd) is a diversified utility holding company based in New York, incorporated in 1823, with subsidiaries involved in both regulated and unregulated businesses [11] - In March 2023, the company completed the sale of all shares of its Con Edison Clean Energy businesses, which focused on renewable and sustainable energy infrastructure projects [11] Investment Ratings - ConEd currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating a solid position in the market [12] - The company has a Value Style Score of B, supported by attractive valuation metrics, including a forward P/E ratio of 18.43, which may appeal to value investors [12] Earnings Estimates - One analyst has revised their earnings estimate higher for fiscal 2025 over the last 60 days, with the Zacks Consensus Estimate increasing to $5.63 per share [12] - ConEd has demonstrated an average earnings surprise of +2%, indicating a positive trend in earnings performance [12] Investment Consideration - With a solid Zacks Rank and strong Value and VGM Style Scores, ConEd is recommended for investors looking for potential opportunities in the utility sector [13]
Consolidated Edison Q2 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-08-08 15:10
Core Insights - Consolidated Edison, Inc. (ED) reported second-quarter 2025 adjusted earnings of 67 cents per share, exceeding the Zacks Consensus Estimate of 66 cents by 1.5% and improving 13.6% from 59 cents in the prior-year quarter [1][9] - Total operating revenues for the quarter reached $3.60 billion, surpassing the Zacks Consensus Estimate of $3.39 billion by 6.2% and increasing 11.6% from $3.22 billion in the year-ago quarter [3][9] Revenue Breakdown - Electric revenues totaled $2.78 billion, an increase of 8.9% from $2.55 billion in the prior-year quarter [3] - Gas revenues amounted to $711 million, surging 22.2% from $582 million in the year-ago quarter [4] - Steam revenues reached $106 million, rising 20.5% from $88 million in the prior-year quarter [4] - Non-utility revenues were $1 million, compared to none in the year-earlier quarter [4] Operating Performance - Total operating expenses increased 11.7% year over year to $3.24 billion [5] - Operating income for the second quarter rose 10.9% year over year to $355 million [6] Financial Position - Cash and temporary cash investments as of June 30, 2025, were $1.51 billion, up from $1.32 billion as of December 31, 2024 [7] - Long-term debt stood at $24.66 billion as of June 30, 2025, slightly up from $24.65 billion at the end of 2024 [7] - Cash from operating activities for the first six months of 2025 was $2.82 billion, compared to $1.91 billion in the prior year [7] Guidance - Consolidated Edison reaffirmed its 2025 EPS guidance in the range of $5.50-$5.70, aligning with the prior forecast [10]
Con Edison (ED) Q2 Net Income Jumps 22%
The Motley Fool· 2025-08-08 05:08
Core Insights - Consolidated Edison reported Q2 2025 adjusted earnings per share (non-GAAP) of $0.67, surpassing analyst expectations of $0.64, with net income (GAAP) rising to $246 million, reflecting a significant year-over-year increase [1][2][5] Financial Performance - Adjusted EPS (non-GAAP) increased by 13.6% year-over-year from $0.59 in Q2 2024 to $0.67 in Q2 2025 [2] - Adjusted net income reached $240 million, an 18.2% increase from $203 million in Q2 2024 [2] - GAAP EPS rose to $0.68, up 17.2% from $0.58 in Q2 2024 [2] - Net income (GAAP) grew by 21.8% from $202 million in Q2 2024 to $246 million in Q2 2025 [2] Company Overview - Consolidated Edison operates as a regulated energy company providing electricity, gas, and steam to millions in New York City, Westchester County, and northern New Jersey [3] - The company focuses on maintaining and upgrading utility infrastructure to ensure reliable service [3] Regulatory Environment - The company's financial performance is heavily influenced by regulations set by the New York State Public Service Commission (NYSPSC) and the Federal Energy Regulatory Commission (FERC) [4] - Recent regulatory decisions, including a May 2024 NYSPSC order, impacted financials positively by allowing certain cost capitalizations [7] Infrastructure and Clean Energy Initiatives - The company completed significant capital projects, including transmission upgrades in Brooklyn and Staten Island, aimed at enhancing reliability and supporting clean energy transitions [6][10] - Management secured approval for $440 million in investments for electrifying buildings and transportation, aligning with New York's clean energy goals [6][10] Future Outlook - Management reaffirmed full-year 2025 adjusted EPS guidance of $5.50–$5.70, indicating confidence in regulatory stability and planned capital investments [12] - The company continues to focus on clean energy investments and electrification projects as key components of its strategy [13]