Consolidated Edison Stock News

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Duke Energy Corp's (DUK) subsidiary, Duke Energy Florida, announces the successful completion of three battery storage projects in Florida, thus capitalizing on the booming battery storage market.

On Thursday, 95 companies set new 52-week highs. Interesting Highlights From Today''s 52-Week Highs: The largest company by market cap to break to a new 52-week high was Chevron (NYSE: CVX ) . The smallest company by market cap to hit a new 52-week high was Center Coast Brookfield (NYSE: CEN ) . Indonesia Energy Corp (AMEX: INDO ) ''s stock made the biggest move upwards, moving 45.82% to reach a new 52-week high. Here are all the stocks that set new 52-week highs during the first half-hour of trading on Thursday: Chevron (NYSE: CVX ) shares hit a new 52-week high of $157.11. The stock traded up 1.21% on the session. Coca-Cola (NYSE: KO ) stock set a new 52-week high of $62.92 Thursday morning. Over the session, the stock traded up 0.4%. Union Pacific (NYSE: UNP ) stock on Thursday broke to a yearly high of $261.45. Shares traded up 3.43%. Altria Group (NYSE: MO ) shares hit a new 52-week high of $53.32. The stock traded up 0.37% on the session. Enbridge (NYSE: ENB ) shares hit a yearly high of $44.71.

Consolidated Edison with ticker code (ED) have now 15 analysts covering the stock. The analyst consensus points to a rating of ''Underperform''. The target price ranges between 85 and 65 calculating the mean target price we have 74.53. With the stocks previous close at 85.94 this would imply there is a potential downside of -13.3%. The 50 day moving average now sits at 84.17 and the 200 day moving average is 78.03. The market cap for the company is $30,341m. Find out more information at: https://www.conedison.com [stock_market_widget type="chart" template="basic" color="green" assets=ED" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $26,313m based on the market concensus. Consolidated Edison, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.5 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,576 customers in parts of Manhattan.

New York Attorney General Letitia James asked Consolidated Edison (ED) Monday to explain an "unexpected spike" in consumer utility bills this winter, some of which she said tripled…

“Sky-high”electric bills on the front page. Europe? The U.K? No, just north of New York City, where local politicians criticized Consolidated Edison of NY, the local electric utility. And further, local business people noted that they had warned of this potential problem a decade ago when the last governor decided to close down the nearby nuclear power plant, Indian Point. Some customers complain that their supply bill (for their electricity usage, not the lines or wires) has tripled in past months. For the typical consumer this is…

Biden's climate-change plan faces a hurdle as the Supreme Court moves ahead on power-plant case that could restrict federal reach on environmental issues.

Investors seeking growth, reliability, and above-average yields don't necessarily have to compromise.

Investors seeking growth, reliability, and above-average yields don't necessarily have to compromise.

U.S. indices continued lower amid ongoing concerns over Russia-Ukraine tensions, with investors and governments weighing the possibility of a Russian invasion of Ukraine. The Nasdaq composite traded

Consolidated Edison's (ED) Q4 revenues of $3,415 million surpass the Zacks Consensus Estimate by 15.1% and also improve 15.4% from the year-ago quarter

Consolidated Edison (ED) +0.8% pre-market after reporting better than expected Q4 earnings and revenues while issuing in-line earnings guidance for 2022.Q4 net income jumped to $224M,…