Consolidated Edison Inc
Latest Consolidated Edison Inc News and Updates
Analysts Are Cautious on FirstEnergy but Expect a Robust Gain
Of the 18 analysts tracking FirstEnergy (FE), eight recommend “buy,” six recommend “hold,” and four recommend “strong buy.”
Which Utility Stocks Have the Highest Short Interests?
On December 15, 2016, NRG Energy had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up the Utilities Select Sector SPDR ETF.
Which Utility Stocks Have the Highest Short Interest?
On December 6, 2016, NRG Energy (NRG) had a short interest-to-equity float ratio of 7.4%—the highest among the utility stocks that make up XLU.
These Utilities Have Increased Dividends for 45+ Years
Investors take shelter under relatively safe utility stocks amid market turmoil due to their stable dividend payment abilities.
Utility Stocks with High Short Interest: Do You Own Any of Them?
On January 5, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 6.7%—the highest among the utility stocks that make up XLU.
Why Investors Are Bearish on Certain Utility Stocks
As of October 13, 2016, NRG Energy (NRG) has the highest short interest-to-equity float ratio among utility stock companies that are part of XLU at 5.1%.
A Must-Know Look at Consolidated Edison’s Dividends
Consolidated Edison has a dividend yield of 3.4%, higher than utilities’ average of 3%. It declared a quarterly dividend of $0.74 per share in October.
Analyzing How Utilities Performed Last Week
Last week, utilities started on a weak note. The Utilities Select Sector SPDR ETF (XLU) fell marginally, while the S&P 500 rose almost 3%.
Analyzing Xcel Energy and Consolidated Edison’s Valuation
Xcel Energy is trading at a forward PE ratio of 18x based on analysts’ estimated EPS in 2019. Xcel Energy’s average historical valuation is close to 18x.
Xcel Energy and Consolidated Edison’s Dividend Profiles
Consolidated Edison has increased its dividend per share for 44 consecutive years. Consolidated Edison trading at a dividend yield of 3.8%.
Xcel Energy versus Consolidated Edison in 2019
Consolidated Edison offers one of the most reliable dividends. The company has increased its dividend for 44 consecutive years.
Utilities: Movers and Shakers Last Week
After a relatively upbeat start, broader markets fell on December 14 due to concerns about slowing global economic growth.
Comparing Consolidated Edison’s Dividend Yield with Its Peers
Consolidated Edison (ED) declared a dividend of $0.715 per share on October 18. It will pay it on December 17.
Natural Gas Inventories Rose Unexpectedly: The Impact on Coal
According to EIA estimates, the natural gas inventory for the week ended December 1, 2017, is 3,695 Bcf (billion cubic feet). This reading is just 2 Bcf above the 3,693 Bcf recorded for the week ended November 24.
Analysts’ Top 5 Favorite S&P 500 Utilities Stocks
US utility stocks were weak recently due to proposed tax reforms and the increased possibility of another interest rate hike this year.
Consolidated Edison’s Dividend Trajectory
Consolidated Edison’s (ED) 2016 operating revenues fell 4.0% due to a decline in every segment; namely, electric, gas, steam, and non-utility.
The Top Dividend-Growing Utilities Stocks
Utilities Select Index sales, earnings, and dividends have grown at a CAGR[1. Compound annual growth rate] of 1.9%, 1.7%, and 3.6%, respectively, between 2012 and 2017.
Analyzing Consolidated Edison’s Dividend Statistics
Analysts expect Consolidated Edison’s (ED) dividends to rise 3% for the next couple of years.
Utility Stocks with the Highest Short Interest
On January 18, 2017, NRG Energy (NRG) had a short interest-to-equity float ratio of 6.7%, the highest among the utility stocks that make up XLU.
Which Utility Stocks Lead in Short Interest?
As of October 19, NRG Energy (NRG) has the highest short interest-to-equity float ratio among utility stock companies that are part of the XLU at 5.1%.
Transmission May Account for 50% of PEG’s Future Capital Spending
Given the centralized power generation model of Public Service Enterprise Group (PEG), expanding its transmission infrastructure is a necessity in order to grow.
Electricity Generation Drops Again on Warmer Weather
Six of the nine census regions in the United States reported an increase in electricity generation during the week ended December 18, 2015.
Con Edison Allocates Most of Its Capital to Regulated Segment
The regulated electric and gas distribution segments have been the top performers for Con Edison. However, Con Edison sees room for expansion in these areas.
What You Should Know about Con Edison’s Operating Structure
Con Edison handles its competitive energy business through its three wholly-owned subsidiaries: Con Edison Solutions, Con Edison Energy, and Con Edison Development.
Southeast, Central, and Northwest Drive Electricity Generation
The Southeast division is the largest division in the United States for electricity generation. It saw an increase of 482,000 MWh, or 2.8%, in electricity production to 17.5 million MWh.
Electricity Generation Falls in All Census Divisions
the electricity generation in the US fell by 3.5% to 71.1 million mWh. Electricity generation fell in all of the nine census divisions during the week ended October 9.
Central Division Leads the Fall in US Electricity Generation
Electricity generation in the US dropped 0.5% to 87.6 million megawatt hours during the week ended August 21. Electricity generation in five out of nine census regions fell during the week.
Utilities Gain despite Rise in Treasury Yields
Utilities benefitted greatly from the low interest rates, as they took an opportunity to undertake capital expenditure at these low rates.