Back to top
more

Consolidated Edison (ED)

(Delayed Data from NYSE)

$95.88 USD

95.88
2,179,845

+2.63 (2.82%)

Updated Jul 24, 2024 04:00 PM ET

After-Market: $95.88 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value D Growth B Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (64 out of 250)

Industry: Utility - Electric Power

Better trading starts here.

Zacks News

New York-based Consolidated Edison, Inc., also known as ConEd, is a diversified utility holding company, with subsidiaries engaged in both regulated and unregulated businesses. The company was incorporated in 1823. ConEd’s regulated businesses operate through its subsidiaries – Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities (O&R), Con Edison Clean Energy Businesses, Inc. and Con Edison Transmission, Inc.

Ritujay Ghosh headshot

4 Low-Beta Utility Stocks to Buy Amid Sinking Consumer Sentiment

Although rate cut hopes have brightened, consumer sentiment remains low which could turn markets volatile. Low-beta utility stocks like Atmos Energy (ATO), Consolidated Edison (ED), National Fuel Gas (NFG) and FirstEnergy (FE) are thus a safe bet.

NiSource (NI) Rides on Strategic Investments & Cost Management

NiSource Inc. (NI) gains from strategic investments to strengthen its infrastructure, the shift to clean power generation, and efficient cost management. Yet, risks relating to numerous laws and regulations remain.

Reasons to Add Consolidated Edison (ED) to Your Portfolio Now

Consolidated Edison (ED) makes a strong case for investment, given its earnings growth prospects, strategic investments, low leverage and strong ROA.

Reasons to Add PG&E (PCG) Stock to Your Portfolio Now

PG&E (PCG) is a solid investment option right now, courtesy of systematic capital investments, higher-than-industry returns, and rising earnings and sales estimates.

Reasons to Add FirstEnergy (FE) to Your Portfolio Right Now

FirstEnergy (FE) makes a strong case for investment, given its earnings growth prospects, strategic investments, and strong ROE.

Reasons to Add Fortis (FTS) Stock to Your Portfolio Now

Fortis (FTS) is a solid pick for your portfolio at the moment, given its long-term investment plan and earnings growth projections.

Reasons to Add CenterPoint (CNP) to Your Portfolio Right Now

CenterPoint (CNP) makes a strong case for investment in the utility space with its robust ROE and ability to increase shareholder value through regular dividend payments.

Is the Options Market Predicting a Spike in Consolidated Edison (ED) Stock?

Investors need to pay close attention to Consolidated Edison (ED) stock based on the movements in the options market lately.

Derek Lewis headshot

Tame Volatility with These 3 Low Beta Stocks

Low beta stocks can offer stabilization when combined with high-beta stocks, providing a more balanced risk profile.

PNM Resources (PNM) Rides on Clean & Affordable Power Supply

PNM Resources (PNM) continues to benefit from infrastructure investment and focus on clean power generation.

DTE Energy (DTE) Rides on Investments and Renewable Expansion

DTE Energy (DTE) is projected to gain from its systematic investment plan and decrease carbon emissions from its portfolio.

Reasons to Add Pampa Energia (PAM) to Your Portfolio Right Now

Pampa Energia (PAM) makes a strong case for investment, given its growth prospects, strong ROE, debt management and focus on clean power generation.

Reasons to Add Portland General (POR) to Your Portfolio Now

Portland General (POR) makes a strong case for investment, given its earnings and sales growth prospects, increasing consumer demand, and highly liquid operations.

CMS Energy (CMS) Rides on Investments and Renewable Expansion

CMS Energy (CMS) is expected to benefit from its systematic investment plan and expansion of its renewable generation portfolio.

ED or PPL: Which Is a Better Utility Electric Power Stock?

Both Consolidated Edison (ED) and PPL work efficiently and continue to provide reliable services to their customers.

PSEG (PEG) Rides on Investments Despite Weak Financial Position

PSEG (PEG) is expected to benefit from renewable expansion and its systematic investment plan despite the effects of elevated costs to remediate all MGP sites.

Reasons to Add Dominion Energy (D) to Your Portfolio Now

Dominion Energy (D) is currently a solid investment opportunity for investors, given its rising earnings estimates, stable performance and rising demand to boost its performance.

Here's Why You Should Add PPL to Your Portfolio Right Now

PPL makes a strong case for investment, given its earnings growth prospects, better debt management and ability to increase shareholders' value.

AES Rides on Renewable Expansion, Declining Wholesale Prices Ail

AES is projected to gain from expanding renewable generation and decreasing carbon emissions from its portfolio amid the impacts of declining wholesale prices.

Reasons to Buy Pinnacle West Capital (PNW) Stock Right Now

Pinnacle West Capital (PNW) makes a strong case for investment, given its growth prospects, debt management, expansion of renewable portfolio and ability to increase its shareholder value.

Are Utilities Stocks Lagging Consolidated Edison (ED) This Year?

Here is how Consolidated Edison (ED) and PPL (PPL) have performed compared to their sector so far this year.

Reasons to Add Evergy (EVRG) Shares to Your Portfolio Now

Evergy (EVRG) with rising estimates for earnings per share, strong ROE and regular dividend, makes a solid investment choice in the utility space.

Reasons to Add MGE Energy (MGEE) Stock to Your Portfolio

MGE Energy (MGEE), with rising estimates for earnings per share, strong ROE and a long history of dividends, makes a solid investment choice in the utility space.

These 2 Utilities Stocks Could Beat Earnings: Why They Should Be on Your Radar

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Reasons to Add California Water (CWT) to Your Portfolio Now

California Water (CWT) makes a strong case for investment, given its growth prospects, strong ROE, debt management and ability to increase shareholder value.