Consolidated Edison (ED) has seen a strong year-to-date share price gain of 14% and outperformed the 200-day moving average. The company's valuation is being re-evaluated, with Barclays notably reducing its price target. ED is expecting growth in upcoming earnings and maintains consistent dividend payments, making it attractive as a value and growth stock. Investor presentations and a new billion-dollar substation signaling strong future growth backed by a solid dividend performance are consolidating its position further. In contrast, resistance against proposed rate hikes from residents and officials alongside uncertainty about potential regulatory headwinds have created some negativity. In general, Institutional ownership remains high at roughly 70%, signaling confidence in the company from these major players. ED has underperformed in terms of returns recently. However, its long-term growth, value and dividend performance make it a desirable stock in uncertain times.
Consolidated Edison ED News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sun, 26 Oct 2025 00:38:58 GMT -
Rating -2
- Innovation 1
- Information 7
- Rumor -4
