ED Stock Recent News

NEW YORK , June 10, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) and Consolidated Edison Company of New York, Inc. (CECONY) today announced that Robert Hoglund plans to retire from the role of the Chief Financial Officer on July 8, 2024, and will continue to serve as Senior Vice President of Con Edison and CECONY to provide for a smooth transition until his retirement later in 2024.  As part of the company's succession plan, Kirkland B.

Black Hills is a small utility, but its dividend record is mighty. Consolidated Edison's dividend should grow even more sustainable in the future.

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Evergy Inc (EVRG) and Consolidated Edison (ED). But which of these two stocks presents investors with the better value opportunity right now?

NEW YORK , May 15, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at various conferences during May and June 2024. A copy of Con Edison's investor presentation for these meetings can be found on the Presentations & Webcasts page of the Company's Investor Relations website.

Dividend Aristocrats are held in high regard amongst investors due to their proven ability to achieve robust financial results and pay growing dividends over extended time periods. Considering an essential requirement of being a Dividend Aristocrat is increasing dividends for 25 consecutive years, they deserve the praise they get.

While the top- and bottom-line numbers for Con Ed (ED) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Consolidated Edison (ED) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $1.83 per share a year ago.

Consolidated Edison's (ED) Q1 results are likely to reflect the benefits of favorable rate hikes amid the adverse impact of warmer-than-normal weather patterns.

Volatility in the stock market is normal and healthy, with average yearly gains of 22% in positive years and average peak intra-year declines of -14%. Dividend aristocrats, which have lower volatility than the overall market, can be a good investment during market downturns. The ten lowest-volatility aristocrats offer a 3.1% average yield, a 50-year dividend growth streak, and an A-credit rating. Since 2007, they have fallen 50% less than the S&P during bear markets.

Its products are sold under these brands: Exxon Esso Mobil  The Chemical Products segment manufactures and markets petrochemicals, including olefins, polyolefins, and intermediates.