Consolidated Edison (ED) has majorly been featured due to its various developments in the stock market, including revenue increases, dividend declarations, Q1 2025 earnings, and investment into major reliability projects. It has set various investor conferences and conducted shareholder meetings, ensuring transparency and continuity. However, the company's proposal for
double-digit rate hikes has received significant
pushback from the community, with criticisms from customers and government officials. Instead, solid stock performance and
growth continue to mark the company's presence. Despite the ongoing controversies, the company has managed to demonstrate market leadership, acquiring an
RS Rating of 93 with promising
dividend yields. Consolidated Edison also reported an all-time high for its stock, hitting
$107.8. As a result of its performance, several financial institutions have revised the company's price targets. Even so, the company is facing allegations concerning
workplace harassment, leading to a settlement sum of approx.
$750K. This, along with the rate hike proposal, points to critical areas the company needs to address.
Consolidated Edison ED News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Mon, 02 Jun 2025 20:17:19 GMT -
Rating 5
- Innovation -1
- Information 4
- Rumor 0
