An analysis of Consolidated Edison, Inc. (ED) shows a variety of factors that may influence the company's future direction. Recent reports suggest its intrinsic value should be calculated, with financial analysts forecast an increase in conducting such evaluations. ED is expected to report its 2025 Q1 earnings, which have been the subject of several previews and insider trading activity. Moreover, the company recently received a price target raise from both Wells Fargo and Guggenheim's analysts, resulting from better-than-expected results. The firm is often regarded as one of the best electricity utilities to buy now, with a Q1 earnings report revealing a rise in revenues, even though earnings lagged estimates. Looking forward, current projects indicate a massive $72 billion investment. The company is mostly controlled by institutional shareholders, suggesting its stability. Yet, its planned rate hike for New York consumers has received criticism, with state officials requesting an audit. The price targets have been boosted by multiple financial analysts, bullish for the stock. Meanwhile,
the company has announced a follow-on equity offering, reinforcing the perception of
ConEd as a dividend Aristocrat. On a cautionary note, it was reported that the firm faced allegations of
workplace harassment.
Consolidated Edison ED News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Fri, 02 May 2025 19:32:12 GMT -
Rating 8
- Innovation 5
- Rumor -4
