The key focus areas from recent updates on Consolidated Edison (ED) include: analysis of the company's Q3-2025 financial performance, which reveals a rising net income and revenue, prompting the company to raise its future guidance. Barclays has lowered the price target for ED but maintains an 'underweight' recommendation. However, the company successfully negotiated a decrease in proposed electric rate hike from 13.4% to 2.8%. The steady share performance and focus on consistent payouts have strengthened ED's position in the value and dividend stock categories. The firm's shareholders have enjoyed an 8% CAGR over the last five years. Wells Fargo initiated coverage with an 'Equal Weight' rating, and consensus for ED's prospects on Wall Street is bullish. ED's robust performance continues to attract attention, and it's seen as a good long-term value and momentum stock. Similarly, ED's stock has outperformed its competitors on a strong trading day, and the company has announced a quarterly dividend of 85¢. Major infrastructure investments and new rate plans shaped outlooks. It compiled a solid earnings record, contributing to its growth narrative.
Consolidated Edison ED News Analytics from Fri, 14 Feb 2025 08:00:00 GMT to Sat, 15 Nov 2025 22:39:28 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3
