Consolidated Edison, Inc. (ED)
110.03 USD -2.53 (-2.25%) Volume: 3.42M
Consolidated Edison, Inc.’s stock price currently stands at 110.03 USD, experiencing a minor setback with a 2.25% decrease in the latest trading session. Despite this, the energy company’s stocks maintain a robust trading volume of 3.42M with a promising Year-to-Date (YTD) increase of 23.31%, reflecting a strong market performance.
Latest developments on Consolidated Edison, Inc.
Consolidated Edison, commonly known as Con Edison, has been in the spotlight recently with a series of key events impacting its stock price. The company reported better-than-expected results for the first quarter of 2025, leading analysts to increase their forecasts. Despite missing earnings estimates, Con Edison saw a rise in revenues year over year. Mizuho adjusted the price target on Con Edison to $114 from $95, while Wells Fargo and Guggenheim’s analysts raised the price target as well. The company surpassed Q1 EPS estimates and reported strong earnings, beating estimates by $0.17. With a projected $72 billion in capital investments over the next decade, Con Edison continues to be a focus for investors and analysts alike.
A look at Consolidated Edison, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Consolidated Edison, Inc. has received positive scores across the board on the Smartkarma Smart Scores, indicating a strong long-term outlook for the company. With high scores in Value, Dividend, Growth, Resilience, and Momentum, Consolidated Edison is poised for continued success in the energy sector. The company’s commitment to providing energy-related products and services, including electric service in key regions, positions it well for future growth and stability.
Consolidated Edison‘s impressive scores on the Smartkarma Smart Scores reflect its strong overall performance and potential for sustained success. As a provider of electric service in New York, parts of New Jersey, and Pennsylvania, as well as a supplier to wholesale customers, the company has established itself as a reliable player in the energy industry. With high marks in areas such as Dividend and Momentum, Consolidated Edison is well-positioned to continue delivering value to its shareholders and customers alike.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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