Consolidated Edison, Inc.
Consolidated Edison, Inc. is an energy-delivery company. The Company, through its subsidiaries, Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc., provides a range of energy-related products and services to its customers. CECONY is a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan. O&R and its utility subsidiary, Rockland Electric Company, provide electric service to customers in southeastern New York and northern New Jersey, a 1,300 square mile service area. O&R delivers gas to customers in southeastern New York. Con Edison Transmission, Inc. falls primarily under the oversight of the Federal Energy Regulatory Commission and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Consolidated Edison’s stock with a target price of $103.36, indicating modest potential growth.
Financial Health
Consolidated Edison is performing well with strong cash flow and consistent revenue generation.
Dividend
Consolidated Edison offers a dividend yield of 3.4%, making it a decent choice for dividend-seeking investors. If you invested $1000 you would be paid $34 a year in dividends (based on the last 12 months).
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