Ria Advisory Group has invested $551,000 into
Consolidated Edison (ED), although the stock still performs inconsistently compared to competitors. Analysts predict
High-Single-Digit Returns with a low risk for ED. A
Strategic SWOT Insight into the company indicates possible valuation hurdles despite steady growth. Various other organizations such as
Mizuho Americas and Victory Capital Management are either partaking in or dissolving shares. Major news includes the company declaring a common stock
dividend and the projection of their Q2 Earnings. Analysts also suggest a possible
decline in ED's earnings, although Plato Investment Management retains a substantial stock position at 2.36 million dollars. Moreover,
ConEd's Q3 earnings have surpassed estimates, and the 3rd quarter profits have surged to $588M; resulting in raised 2024 earnings outlook. ED underperformance within the utilities sector is a topic of controversy, while others argue it's a stable choice for
income investors. Lastly, amid ongoing investor caution, there’s a strong earnings report for Q3 2024 from ConEd, with
EPS exceeding expectations leading some investors to raise their stock positions.
Consolidated Edison ED News Analytics from Fri, 19 Jan 2024 08:00:00 GMT to Sat, 16 Nov 2024 15:03:57 GMT -
Rating -3
- Innovation 2
- Information 6
- Rumor -8
