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Consolidated Edison (ED)

(Delayed Data from NYSE)

$91.77 USD

91.77
7,398,347

+0.87 (0.96%)

Updated Apr 19, 2024 04:00 PM ET

After-Market: $91.80 +0.03 (0.03%) 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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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C Value C Growth C Momentum C 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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Top 40% (100 out of 250)

Industry: Utility - Electric Power

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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.

CMS Energy (CMS) Arm to Power Walmart Stores With Clean Energy

CMS Energy's (CMS) recent partnership with Walmart is indicative of its commitment to providing its customers with reliable and cost-effective clean energy solutions.

The Zacks Analyst Blog Highlights Meta Platforms, Chipotle Mexican Grill, Walt Disney, Consolidated Edison and S&P Global

Meta Platforms, Chipotle Mexican Grill, Walt Disney, Consolidated Edison and S&P Global are part of the Zacks top Analyst Blog.

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5 Solid Stocks to Bet On This Earnings Season

Meta Platforms (META), Chipotle Mexican Grill (CMG), Walt Disney (DIS), Consolidated Edison (ED) and S&P Global (SPGI) could make great plays as Q1 earnings unfold.

Zacks Industry Outlook Highlights NextEra Energy, Consolidated Edison, EverSource Energy and CenterPoint Energy

NextEra Energy, Consolidated Edison, EverSource Energy and CenterPoint Energy have been highlighted in this Industry Outlook article.

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4 Stocks to Watch From the Challenging Electric Power Industry

Amid the ongoing transition in the utility space and still-high interest rates, utilities like NEE, ED, ES and CNP are set to benefit from a strong customer base. They have plans to upgrade infrastructure, add clean assets and provide reliable services.

Eaton (ETN) Rewards Shareholders With 9% Dividend Increase

Eaton's (ETN) management approves a 9% increase in quarterly dividend. The company has a rich legacy of dividend payments.

How to Find Strong Utilities Stocks Slated for Positive Earnings Surprises

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Consolidated Edison (ED) Q4 Earnings Beat Estimates, Revenues Miss

Consolidated Edison's (ED) Q4 total revenues of $3,444 million missed the Zacks Consensus Estimate by 8%. The top line also declined 14.6% from the year-ago quarter's level.

Con Ed (ED) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Con Ed (ED) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Consolidated Edison (ED) Tops Q4 Earnings Estimates

Con Ed (ED) delivered earnings and revenue surprises of 2.04% and 8.02%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

CenterPoint Energy (CNP) Reports Next Week: Wall Street Expects Earnings Growth

CenterPoint (CNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Consolidated Edison (ED) to Post Q4 Earnings: What's in Store?

Consolidated Edison's (ED) fourth-quarter results are likely to reflect an unfavorable weather pattern impact amid the benefits of increased load growth, driven by vehicle electrification.

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

DTE Energy (DTE) makes a strong case for investment, given its positive growth estimates, strong financial position and systematic investments.

Consolidated Edison (ED) Earnings Expected to Grow: Should You Buy?

Con Ed (ED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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4 Safe Stocks to Buy on Fading Hopes of March Rate Cut

Utility stocks, which are defensive, such as Atmos Energy Corporation (ATO), American Water Works Company, Inc. (AWK), Consolidated Edison, Inc. (ED) and Fortis Inc. (FTS) are a safe bet during times of market uncertainty.

WEC Energy Group (WEC) Matches Q4 Earnings Estimates

WEC Energy (WEC) delivered earnings and revenue surprises of 0% and 16.82%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

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.

Xcel Energy (XEL) Rides on Investments & Clean Power Generation

Xcel Energy (XEL) continues to benefit from its strategic investment plans, renewable expansion and expanding customer base.

ED or PEG: Which Utility Electric Power Stock to Choose?

Consolidated Edison (ED) and Public Service Enterprise Group (PEG) continue to make systematic investments to fortify infrastructure to provide efficient services to customers.

Exelon (EXC) to Gain From Investments & Cost Management

Exelon (EXC) is expected to benefit from its regular investment plan and cost management initiatives.

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Utility Sector Set to Revive in 2024: 5 Top Picks

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: NI, ATO, AWK, ED, SRE.

Duke Energy's (DUK) 1st Floating Solar Plant in Florida Opens

Duke Energy's (DUK) success on the first floating solar project in Florida marks the company's continued efforts to provide clean energy to its customers.

The Zacks Analyst Blog Highlights Atmos Energy, Consolidated Water, Consolidated Edison, Ingredion and PepsiCo

Atmos Energy, Consolidated Water, Consolidated Edison, Ingredion and PepsiCo are part of the Zacks top Analyst Blog.

Reasons to Add Entergy (ETR) to Your Portfolio Right Now

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

Public Service (PEG) Rides on Investments, Rising Customer Base

Public Service Enterprise Group's (PEG) capital investment and clean energy initiatives are likely to have a positive impact on earnings. Supply chain constraints can affect results.