Is Consolidated Edison a buy?

Is Consolidated Edison a buy?

Valuation metrics show that Consolidated Edison Inc may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of ED, demonstrate its potential to perform inline with the market. It currently has a Growth Score of C.

Is Consolidated Edison a good dividend stock?

Consolidated Edison can be a valuable holding for income investors, such as retirees, due to its 3.7% dividend yield. The stock offers secure dividend income, and is also a Dividend Aristocrat, meaning it should raise its dividend each year.

Why is Consolidated Edison dropping?

Like many stocks, Con Edison plummeted in mid-March. Whereas the decline in most companies stemmed from the countrywide onset of stay-at-home orders, Con Edison’s shareholders had something else in mind: shrinking confidence in the company’s ability to service its debt.

Is Edison a good investment?

Currently, Edison International’s price-earnings ratio is 36.0. Edison International’s trailing 12-month revenue is $14.9 billion with a 5.1% profit margin. Year-over-year quarterly sales growth most recently was 5.5%. Analysts expect adjusted earnings to reach $4.506 per share for the current fiscal year.

Is ED a buy or sell?

According to the issued ratings of 12 analysts in the last year, the consensus rating for Consolidated Edison stock is Hold based on the current 6 sell ratings, 5 hold ratings and 1 buy rating for ED.

Why is Con Ed stock down?

‘ED has favorable ESG factors. But these are mitigated by the gas utility and development of fossil pipelines,’ Bank of America says.

Does Consolidated Edison pay a dividend?

Con Edison Declares Common Stock Dividend NEW YORK, Oct. 17, 2019 — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 74 cents a share on its common stock, payable December 16, 2019 to.

When will Consolidated Edison report its 3rd quarter 2019 earnings?

NEW YORK, Oct. 18, 2019 — Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 3rd Quarter 2019 earnings on November 4, 2019 after the market closes..

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.