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 |
|---|---|---|---|
| 12/12/2024 | $90.00 → $100.00 | Sector Underperform → Sector Perform | Scotiabank |
| 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 |
NEW YORK, Feb. 20, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) today reported 2024 net income for common stock of $1,820 million or $5.26 a share compared with $2,519 million or $7.25 a share in 2023. Adjusted earnings (non-GAAP) were $1,868 million or $5.40 a share in 2024 compared with $1,762 million or $5.07 a share in 2023. Adjusted earnings and adjusted earnings per share in 2024 exclude adjustments to the gain and other impacts related to the sale of all of the stock of Con Edison's former subsidiary, Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) in 2023 and the effects of hypothetical liquidation at book value (HLBV) accounting for ta
NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) declared a quarterly dividend of 85 cents a share on its common stock, payable March 14, 2025 to stockholders of record as of February 19, 2025, an annualized increase of 8 cents over the previous annualized dividend of $3.32 a share. "The 51st consecutive annual dividend increase for stockholders extends our record for the longest period of consecutive annual dividend increases of any utility in the S&P 500 index and reflects our continued emphasis on providing a return to our investors while delivering safe, reliable and resilient service to our customers during the clean energy transition," said Kirk
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
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)
SC 13G/A - CONSOLIDATED EDISON INC (0001047862) (Subject)
NEW YORK, March 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) executives will meet with investors the week of March 10, 2025, and the week of March 17, 2025. Copies of Con Edison's investor presentations for these meetings can be found on the Presentations & Webcasts page of Con Edison's website (Select "For Investors" and then select "Presentation & Webcasts"). Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues and $71 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Con
NEW YORK, March 4, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) announced today it has agreed to issue 6,300,000 of its common shares. These common shares are being offered by Barclays under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The underwriter may offer the common shares in transactions on the New York Stock Exchange LLC, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices. The common shares are expected to be issued on March 6, 2025, subject to customary closing conditions. Con Edison expects to invest the net proceeds from the sal
Atlanta, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) ("Piedmont"), a real estate investment trust (REIT), announced today the following appointments to its Board of Directors: Deneen Donnley, Senior Vice President and General Counsel, Consolidated Edison (NYSE:ED); Stephen E. Lewis, Retired Chair and Chief Executive Officer of Troutman Pepper; and Jeffrey J. Donnelly, Chief Executive Officer and Director of DiamondRock Hospitality (NYSE:DRH). With these three appointments, Piedmont's board of directors now consists of ten total members. Deneen Donnley: Ms. Donnley currently serves as Senior Vice President and General Counsel for Consolidated Edison, one
Scotiabank upgraded Con Edison from Sector Underperform to Sector Perform and set a new price target of $100.00 from $90.00 previously
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
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)
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
4/A - CONSOLIDATED EDISON INC (0001047862) (Issuer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)
4 - CONSOLIDATED EDISON INC (0001047862) (Issuer)