Core Insights - Consolidated Edison, Inc. (NYSE:ED) is recognized as one of the Top 15 Growth Stocks for Long-Term Investors [1] Company Overview - Consolidated Edison, Inc. provides electricity, gas, and steam services to approximately 3.7 million electric and 1.1 million gas customers in the New York City region, and operates the largest steam system in the United States [2] Growth Prospects - Analysts anticipate consistent earnings growth for Consolidated Edison, driven by new customer additions and regular rate increases, alongside the recovery of the US economy. The company expects an average annual rate base increase of over 8% through 2029, which is projected to lead to steady earnings improvement [3] - The regulated nature of the sector allows Consolidated Edison to periodically adjust its rates, ensuring stable and predictable revenue growth [3] Dividend Performance - Consolidated Edison has a strong track record of dividend growth, having never missed a dividend payment since 1885 and increasing its payouts for 51 consecutive years. The current quarterly dividend is $0.85 per share, with a dividend yield of 3.32% as of October 12 [4]

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]