What are the price targets for Consolidated Edison's stock?
10 brokers have issued 12 month price targets for Consolidated Edison's stock. Their forecasts range from $68. 00 to $90. 00. On average, they expect Consolidated Edison's share price to reach $78. 10 in the next year. This suggests that the stock has a possible downside of 7. 3%.
How do I find out the value of Con Edison stock?
See a history of our dividends over the last 40 years. Get a deeper look at our financials and stock history. See a listing of current analysts who keep track of Con Edison’s financial performance. Calculate the value of a set amount of Con Edison stock by entering an amount invested on a specific date in the past.
Will Concon Ed’s dividend keep growing?
Con Ed has increased its dividend for 47 straight years. We expect the dividend to continue to grow at a low but steady average annual rate of about 1.3% for the next five years.
Is Con Ed the second largest owner of solar power?
These investments have resulted in Con Ed becoming the second-largest owner of utility-scale PV solar capacity in the U.S. Analyst Report: Consolidated Edison, Inc. Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R.
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Is coned stock a buy?
The 15 analysts offering 12-month price forecasts for Consolidated Edison Inc have a median target of 90.00, with a high estimate of 99.00 and a low estimate of 72.00. The median estimate represents a -3.64% decrease from the last price of 93.40.
Is coned stock going to split?
Forbes, chairman, announced in the morning that a special stockholders meeting would be held on Jan. 25 to authorize the split. He added that the trustees then intend to raise the quarterly dividend that will be paid next March 15 on the split stock to 45 cents a share.
Why is coned stock going down?
Due to a variety of downgrades, a weak Q1 earnings report, and a downward revision in management's 2020 forecast, investors fled their positions in Con Edison's stock.
How often does Con Edison pay dividends?
There are typically 4 dividends per year (excluding specials).
Is Con Edison publicly traded?
Con Edison Transmission, Inc., which invests in electric and natural gas transmission projects....Consolidated Edison.TypePublicTraded asNYSE: ED DJUA component S&P 500 componentIndustryEnergyFounded1823 (as the New York Gas Light Company)Headquarters4 Irving Place, Manhattan, New York City, U.S.11 more rows
How do I invest in Con Edison?
How to buy shares in Consolidated EdisonCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Who founded Con Edison?
Thomas Edison'sCon Edison's electric business also dates back to 1882, when Thomas Edison's Edison Illuminating Company of New York began supplying electricity to 59 customers in a square-mile area in lower Manhattan.
When did Con Edison stock split?
The first split for ED took place on July 01, 1982. This was a 2 for 1 split, meaning for each share of ED owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. ED's second split took place on July 03, 1989.
Which stock has the highest dividend?
9 highest dividend-paying stocks in the S&P 500:AT&T Inc. (T)Williams Cos. Inc. (WMB)Devon Energy Corp. (DVN)Oneok Inc. (OKE)Simon Property Group Inc. (SPG)Kinder Morgan Inc. (KMI)Vornado Realty Trust (VNO)Altria Group Inc. (MO)More items...•
Does Ed pay a dividend?
ED pays a dividend of $3.13 per share. ED's annual dividend yield is 3.35%. Consolidated Edison's dividend is lower than the US industry average of 3.77%, and it is lower than the US market average of 3.87%.
What months does Ed pay dividends?
ED Dividend HistoryEx/EFF DATETYPEPAYMENT DATE08/13/2019CASH09/16/201905/14/2019CASH06/17/201902/12/2019CASH03/15/201911/13/2018CASH12/17/201832 more rows
Is Con Edison a Fortune 500 company?
Con Edison was also recognized by FORTUNE in 1999 for having four women on its 12-member Board of Directors, putting the company in the top 10 of all Fortune 500 companies in the nation for that category.
How does Con Ed make money?
Con Edison does not make a profit on these supply charges. The company buys power on the market from generators and provides it to customers at cost. A typical Westchester residential customer using 500 kilowatt hours per month can expect an average increase of 6.5 percent from $122.32 in 2020 to $130.31.
How much do Con Edison workers get paid?
The average Con Edison salary ranges from approximately $45,747 per year for Drivers Helper to $174,929 per year for Business Development Manager. Average Con Edison hourly pay ranges from approximately $12.00 per hour for Call Center Representative to $72.00 per hour for Consultant.