Goldman initiated coverage of Con Edison with a rating of Sell and set a new price target of $88.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | $103.00 → $116.00 | Neutral → Buy | Citigroup |
| 10/9/2024 | $108.00 | Hold | Jefferies |
| 7/22/2024 | $97.00 → $92.00 | Equal Weight → Underweight | Barclays |
| 1/4/2024 | Underweight → Sector Weight | KeyBanc Capital Markets | |
| 1/3/2024 | $92.50 | Neutral | Ladenburg Thalmann |
| 10/17/2023 | $96.00 → $94.00 | Underweight → Equal Weight | Wells Fargo |
| 8/23/2023 | $88.00 | Equal Weight | Barclays |
| 7/21/2023 | $92.00 → $103.00 | Neutral → Buy | BofA Securities |
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported 2024 third quarter net income for common stock of $588 million or $1.70 a share compared with $526 million or $1.53 a share in the 2023 third quarter. Adjusted earnings (non-GAAP) were $583 million or $1.68 a share in the 2024 period compared with $561 million or $1.62 a share in the 2023 period. Adjusted earnings and adjusted earnings per share in the 2024 and 2023 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments. Adjusted earnings and adjusted earnings per share in the 2024 period exclude accretion of the basis difference o
Storage Capacity Installed of 336 Megawatt hours in Q3, exceeding high-end of guidance range and representing 92% year-over-year growth, as storage attachment rates reach 60% Solar Energy Capacity Installed of 230 Megawatts in Q3, at the high-end of prior guidance range, reaching 7.3 Gigawatts of Networked Solar Energy Capacity Cash Generation of $2.5 million in Q3, second consecutive quarter of positive Cash Generation Reiterating Cash Generation guidance of $350 million to $600 million in 2025 Net Earning Assets increases to $6.2 billion, including over $1 billion of Total Cash Sunrun becomes the first clean energy company to surpass 1 million residential solar customers SAN FRANCISC
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 83 cents a share on its common stock, payable December 16, 2024 to stockholders of record as of November 13, 2024. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for year-ended 2023 and $68 billion in assets as of June 30, 2024. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported 2024 third quarter net income for common stock of $588 million or $1.70 a share compared with $526 million or $1.53 a share in the 2023 third quarter. Adjusted earnings (non-GAAP) were $583 million or $1.68 a share in the 2024 period compared with $561 million or $1.62 a share in the 2023 period. Adjusted earnings and adjusted earnings per share in the 2024 and 2023 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments. Adjusted earnings and adjusted earnings per share in the 2024 period exclude accretion of the basis difference o
Storage Capacity Installed of 336 Megawatt hours in Q3, exceeding high-end of guidance range and representing 92% year-over-year growth, as storage attachment rates reach 60% Solar Energy Capacity Installed of 230 Megawatts in Q3, at the high-end of prior guidance range, reaching 7.3 Gigawatts of Networked Solar Energy Capacity Cash Generation of $2.5 million in Q3, second consecutive quarter of positive Cash Generation Reiterating Cash Generation guidance of $350 million to $600 million in 2025 Net Earning Assets increases to $6.2 billion, including over $1 billion of Total Cash Sunrun becomes the first clean energy company to surpass 1 million residential solar customers SAN FRANCISC
NEW YORK, Oct. 23, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 3rd Quarter 2024 earnings on November 7, 2024 after the market closes. Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for year-end 2023 and $68 billion in assets as of June 30, 2024. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bro
Citigroup upgraded Con Edison from Neutral to Buy and set a new price target of $116.00 from $103.00 previously
Jefferies initiated coverage of Con Edison with a rating of Hold and set a new price target of $108.00
Barclays downgraded Con Edison from Equal Weight to Underweight and set a new price target of $92.00 from $97.00 previously
8-K - CONSOLIDATED EDISON INC (0001047862) (Filer)
8-K - CONSOLIDATED EDISON INC (0001047862) (Filer)
8-K - CONSOLIDATED EDISON INC (0001047862) (Filer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
Analysts' ratings for Consolidated Edison (NYSE:ED) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 3 0 Last 30D 0 0 0 1 0 1M Ago 0 0 1 1 0 2M Ago 0 0 1 1 0 3M Ago 0 0 2 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $90.43, a high estimate of $97.00, and a low estimate of $76.00. Marking an increase of 2.6%, the current average surpasses the previous
Barclays analyst Nicholas Campanella downgrades Consolidated Edison (NYSE:ED) from Equal-Weight to Underweight and lowers the price target from $97 to $92.
UBS analyst William Appicelli maintains Consolidated Edison (NYSE:ED) with a Neutral and raises the price target from $92 to $96.
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
3/A - CONSOLIDATED EDISON INC (0001047862) (Issuer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
NEW YORK, June 10, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) and Consolidated Edison Company of New York, Inc. (CECONY) today announced that Robert Hoglund plans to retire from the role of the Chief Financial Officer on July 8, 2024, and will continue to serve as Senior Vice President of Con Edison and CECONY to provide for a smooth transition until his retirement later in 2024. As part of the company's succession plan, Kirkland B. Andrews will succeed Robert Hoglund as Senior Vice President and Chief Financial Officer, effective July 8, 2024. Mr. Andrews joins Con Edison from Evergy, Inc. (NASDAQ:EVRG), where he served as Executive Vice President and Chief Fina
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)