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Consolidated Edison (ED)

(Delayed Data from NYSE)

$97.10 USD

97.10
1,570,651

+0.19 (0.20%)

Updated May 17, 2024 04:00 PM ET

After-Market: $97.11 +0.01 (0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value D Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 39% (153 out of 249)

Industry: Utility - Electric Power

Better trading starts here.

Zacks News

New York-based Consolidated Edison, Inc., also known as ConEd, is a diversified utility holding company, with subsidiaries engaged in both regulated and unregulated businesses. The company was incorporated in 1823. ConEd’s regulated businesses operate through its subsidiaries – Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), Con Edison Clean Energy Businesses, Inc. and Con Edison Transmission, Inc.

Duke Energy (DUK) to Divest Commercial DG Business for $364M

Duke Energy's (DUK) plan to divest its commercial distributed generation business is likely to support the company's clean energy transition and reduce debt.

How to Find Strong Utilities Stocks Slated for Positive Earnings Surprises

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

RWEOY or ED: Which Is the Better Value Stock Right Now?

RWEOY vs. ED: Which Stock Is the Better Value Option?

AVANGRID (AGR) Rides on Investments & Expanding Clean Portfolio

AVANGRID (AGR) is expected to further benefit from strategic investment plans and expanding wind and solar generation portfolio.

Reasons to Add NiSource (NI) to Your Portfolio Right Now

NiSource (NI) makes a strong case for investment, given its positive growth estimates, stable ROE and strong liquidity.

Evergy (EVRG) to Gain From Clean Asset Additions, Acquisitions

Evergy (EVRG) to boost profitability by investing $11.6 billion through 2027 to add clean sources to generate electricity and strengthen infrastructure to serve customers.

NextEra's (NEE) Subsidiary FPL Gets Rate Deduction Approval

NextEra's (NEE) subsidiary Florida Power and Light Company will lower the utility bills, maintaining its high reliability and excellent customer service.

Reasons to Add Consolidated Water (CWCO) to Your Portfolio

Consolidated Water (CWCO) makes a strong case for investment, given its earnings growth, strong return on investment and capability to increase shareholders' value.

The Zacks Analyst Blog Highlights Pampa Energia, TransAlta, E.ON, Avista and Consolidated Edison

Pampa Energia, TransAlta, E.ON, Avista and Consolidated Edison are part of the Zacks top Analyst Blog.

Reasons to Add Northwest Natural (NWN) to Your Portfolio Now

Northwest Natural Holding Company (NWN) is an attractive stock in the utility space, given its rising growth estimates, customer growth projections and strong long-term investment plan.

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5 Picks from The Very Attractive Power Utility Industry

If you are planning on investing in utilities today, better keep the long-term perspective in mind.

Reasons to Add Avista (AVA) to Your Portfolio Right Now

Avista (AVA) makes a strong case for investment, given its positive growth estimates, strong ROE and stable financial position.

Reasons to Add Pampa Energia (PAM) to Your Portfolio Right Now

Pampa Energia (PAM) makes a strong case for investment, given its earnings growth prospects and strong return on equity.

MDU Resources' (MDU) Arm to Supply Power to Applied Digital

MDU Resources (MDU) subsidiary's new power supply project will contribute to the company's regulated energy delivery earnings.

Reasons to Add OGE Energy (OGE) to Your Portfolio Right Now

OGE Energy (OGE) makes a strong case for investment, given its long-term growth prospects, strong return on investment and ability to increase shareholders' value.

NextEra (NEE) to Gain From Investment, Growing Customer Base

NextEra's (NEE) systematic capital expenditure and robust renewable backlog are likely to have positive impacts on earnings and revenues. However, compliance with stringent government regulations is concerning.

Zacks Investment Ideas feature highlights: Consolidated Edison, NorthWestern and Atmos Energy

Consolidated Edison, NorthWestern and Atmos Energy are part of the Zacks Investment Ideas article.

Derek Lewis headshot

3 Utilities Stocks Suited Nicely for Income-Focused Investors

Income-focused investors often target the Utilities sector, as these companies tend to be stable and generate consistent revenue. After all, who doesn't enjoy payday?

Reasons to Add E.ON (EONGY) to Your Portfolio Right Now

E.ON (EONGY) makes a strong case for investment in the utility space, given its strong operating performance and investments of more than euro 1 billion.

RWEOY vs. ED: Which Stock Is the Better Value Option?

RWEOY vs. ED: Which Stock Is the Better Value Option?

FirstEnergy (FE) to Gain From Investments & Regulated Operation

FirstEnergy Corporation's (FE) ongoing investments to further strengthen its infrastructure. The Energizing the Future project is expected to improve its overall operating efficiency.

NRG Energy (NRG) Declares Asset Sale, Boosts Shareholders' Value

NRG Energy (NRG) announces an agreement to sell its 44% equity in STP to Constellation Energy.

Reasons to Add IDACORP (IDA) to Your Portfolio Right Now

IDACORP (IDA) makes a strong case for investment, given its earnings growth prospects, strong ROE and ability to increase shareholders' value.

PPL Benefits From Acquisitions, Cost-Saving Initiatives

PPL is expected to further benefit from its ongoing capital investments, completed acquisitions, and savings in operation and maintenance costs.

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4 Utility Stocks to Buy as Recession Fear Grips Markets

Volatility has gripped markets once again. Hence, investing in utility stocks like Consolidated Edison, Inc. (ED), Atmos Energy Corporation (ATO), New Jersey Resources Corporation (NJR) and Global Water Resources, Inc. (GWRS) would be prudent.