Consolidated Edison Stock News

Consolidated Edison, Inc. (ED) shares closed today at 1.7% below its 52 week high of $85.22, giving the company a market cap of $29B. The stock is currently up 19.4% year-to-date, up 22.5% over the past 12 months, and up 34.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.6%, and the S&P 500 rose 2.3%. Trading Activity Trading volume this week was 82.0% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 18.2% The company's stock price performance over the past 12 months beats the peer average by 12.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 83.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Consolidated Edison (NYSE:ED) had its target price hoisted by stock analysts at Royal Bank of Canada from $78.00 to $85.00 in a research note issued on Wednesday, Price Targets.com reports. The firm presently has a sector perform rating on the utilities providers stock. Royal Bank of Canadas price objective would suggest a potential upside of []

Consolidated Edison, Inc. (ED) shares closed today at 1.7% below its 52 week high of $85.22, giving the company a market cap of $29B. The stock is currently up 19.5% year-to-date, up 24.0% over the past 12 months, and up 34.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 82.1% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 18.4% The company's stock price performance over the past 12 months beats the peer average by 15.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 83.2% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Dumont & Blake Investment Advisors LLC boosted its holdings in Consolidated Edison, Inc. (NYSE:ED) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,557 shares of the utilities providers stock after acquiring an additional 186 shares during the quarter. Dumont & Blake Investment []

Consolidated Edison (NYSE:ED) had its target price lifted by Royal Bank of Canada from $78.00 to $85.00 in a research report sent to investors on Wednesday, Price Targets.com reports. Royal Bank of Canada currently has a sector perform rating on the utilities providers stock. Several other brokerages have also recently commented on ED. TheStreet raised []

Equities analysts expect Consolidated Edison, Inc. (NYSE:ED) to report $2.95 billion in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Consolidated Edisons earnings. The highest sales estimate is $3.09 billion and the lowest is $2.80 billion. Consolidated Edison posted sales of $2.96 billion in the same quarter last []

Berger Financial Group Inc raised its position in shares of Consolidated Edison, Inc. (NYSE:ED) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,682 shares of the utilities providers stock after purchasing an additional 318 shares []

The less overvalued subsector is gas utilities.

State of Michigan Retirement System raised its holdings in Consolidated Edison, Inc. (NYSE:ED) by 3.0% during the third quarter, Holdings Channel reports. The institutional investor owned 88,755 shares of the utilities provider’s stock after buying an additional 2,600 shares during the period. State of Michigan Retirement System’s holdings in Consolidated Edison were worth $6,443,000 as […]

Advisors Preferred LLC bought a new stake in shares of Consolidated Edison, Inc. (NYSE:ED) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 28,968 shares of the utilities providers stock, valued at approximately $2,074,000. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rockland Trust []

Hexavest Inc. decreased its position in Consolidated Edison, Inc. (NYSE:ED) by 7.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 80,449 shares of the utilities provider’s stock after selling 6,413 shares during the period. Hexavest Inc.’s holdings in Consolidated Edison were worth $5,840,000 as of its most recent SEC filing. A number of […]

Brokerages forecast that Consolidated Edison, Inc. (NYSE:ED) will post sales of $2.95 billion for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Consolidated Edisons earnings, with estimates ranging from $2.80 billion to $3.09 billion. Consolidated Edison posted sales of $2.96 billion during the same quarter last year, which suggests a [] The post Brokerages Expect Consolidated Edison, Inc. (NYSE:ED) Will Announce Quarterly Sales of $2.95 Billion appeared first on ETF Daily News .

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J.W. Cole Advisors Inc. lowered its stake in shares of Consolidated Edison, Inc. (NYSE:ED) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,204 shares of the utilities providers stock after selling 540 shares during the quarter. J.W. Cole Advisors []

Wall Street brokerages predict that Consolidated Edison, Inc. (NYSE:ED) will post $0.81 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Consolidated Edisons earnings, with the highest EPS estimate coming in at $0.85 and the lowest estimate coming in at $0.77. Consolidated Edison posted earnings of $0.75 per []