Consolidated Edison (ED) has faced a tumultuous phase with the slowed rate of return leaving little room for investor excitement. The company intends to
divest its interest in Mountain Valley Pipeline and faces downgrade in analyst rating by Keybanc. An insider sale by John Killian and a lowered price target from JPMorgan, have created a sense of uncertainty among investors. However, the company's
strong institutional backing and consistent dividend payouts remain significant positives. The
earnings growth and the consensus that the stock is
underpriced indicates potential value for patient investors. The company reported
third-quarter earnings surpassing earnings and revenue estimates. ED is facing pressure over electricity pricing, which has led to a proposed reduction in rate hikes. New York's Con Edison is focused on investments and expansion in renewable energy, indicative of a strong and resilient future. President Trump and Mamdani have urged the company to reduce rates, sparking a
political conundrum. In response to the public outcry, Con Ed has shown flexibility, reducing proposed rate hikes. Announcements about a new billion-dollar substation and the declaration of quarterly dividend signify significant progress and commitment to stakeholders.
Consolidated Edison ED News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Sat, 13 Dec 2025 13:00:10 GMT -
Rating -2
- Innovation 0
- Information 7
- Rumor -6
