Consolidated Edison, Inc. (ED) is recognized among
growing dividend stocks with
low PE ratios.
Barclays and
Morgan Stanley both boost Consolidated Edison's price target given its robust performance. Despite growing controversy over potential rate hikes, the company continues to deliver strong dividends and shows
positive growth.
Major utility giant Con Edison prepares to reveal its Q1 earnings. The company has also invested in supporting a special needs school’s transition to clean energy, part of its larger
sustainability goals. There's potential backlash as public hearings on proposed Con Edison rate hikes proceed. The company states that the CEO’s pay declined, yet the move fails to impress Governor Hochul. However, amidst all this,
Jim Cramerstill recommended ED for its consistent returns. The company recently marked its 51st annual increase to its dividend, showcasing its
dividend strength. Regulatory shifts and planned rate hikes have led to a mixed response from consumers, but its financial performance remains sturdy, with the stock reaching a record high. The company's 6.3M share offering plan sparks interest among shareholders.
Consolidated Edison ED News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Fri, 25 Apr 2025 03:53:00 GMT -
Rating 7
- Innovation 4
- Information 7
- Rumor -3
