Latest news with #ConsolidatedEdison
Yahoo
3 days ago
- Business
- Yahoo
Consolidated Edison's (NYSE:ED) investors will be pleased with their respectable 66% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. But Consolidated Edison, Inc. (NYSE:ED) has fallen short of that second goal, with a share price rise of 39% over five years, which is below the market return. Over the last twelve months the stock price has risen a very respectable 11%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Consolidated Edison achieved compound earnings per share (EPS) growth of 6.1% per year. This EPS growth is reasonably close to the 7% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It might be well worthwhile taking a look at our free report on Consolidated Edison's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Consolidated Edison's TSR for the last 5 years was 66%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Consolidated Edison shareholders have received returns of 14% over twelve months (even including dividends), which isn't far from the general market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 11%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. It's always interesting to track share price performance over the longer term. But to understand Consolidated Edison better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Consolidated Edison (at least 1 which shouldn't be ignored) , and understanding them should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Consolidated Edison's (NYSE:ED) investors will be pleased with their respectable 66% return over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. But Consolidated Edison, Inc. (NYSE:ED) has fallen short of that second goal, with a share price rise of 39% over five years, which is below the market return. Over the last twelve months the stock price has risen a very respectable 11%. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. During five years of share price growth, Consolidated Edison achieved compound earnings per share (EPS) growth of 6.1% per year. This EPS growth is reasonably close to the 7% average annual increase in the share price. This indicates that investor sentiment towards the company has not changed a great deal. In fact, the share price seems to largely reflect the EPS growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It might be well worthwhile taking a look at our free report on Consolidated Edison's earnings, revenue and cash flow. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. As it happens, Consolidated Edison's TSR for the last 5 years was 66%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. Consolidated Edison shareholders have received returns of 14% over twelve months (even including dividends), which isn't far from the general market return. Most would be happy with a gain, and it helps that the year's return is actually better than the average return over five years, which was 11%. It is possible that management foresight will bring growth well into the future, even if the share price slows down. It's always interesting to track share price performance over the longer term. But to understand Consolidated Edison better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Consolidated Edison (at least 1 which shouldn't be ignored) , and understanding them should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
5 days ago
- Business
- Bloomberg
NY Proposes 9.3% Con Edison Return as Higher Power Bills Loom
The staff of New York's utility regulator recommended Consolidated Edison Inc. collect a 9.3% return on its equity, lower than the amount sought by the power company. The utility had requested a return on equity of 10.1%. Analysts at Citigroup Inc. had predicted that staff would recommend a 9.2% return.
Yahoo
26-05-2025
- Business
- Yahoo
Here's How You Can Earn $100 In Passive Income By Investing In Consolidated Edison Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Consolidated Edison Inc. (NYSE:ED) engages in the regulated electric, gas, and steam delivery businesses in the U.S. The 52-week range of Consolidated Edison stock price was $87.28 to $114.87. Consolidated Edison's dividend yield is 3.22%. It paid $3.40 per share in dividends during the last 12 months. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – On May 1, the company announced its Q1 2025 earnings, posting adjusted EPS of $2.26, compared to the consensus estimate of $2.20, and revenues of $4.80 billion, compared to the consensus of $4.44 billion, as reported by Benzinga. "We anticipate steady growth through the year and long term, and project nearly $72 billion in capital investments over the next 10 years helping ensure we continue to deliver for our customers while providing strong and stable returns for our investors," said CEO Tim Cawley. Check out this article by Benzinga for 11 analysts' insights on Consolidated Edison. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — If you want to make $100 per month — $1,200 annually — from Consolidated Edison dividends, your investment value needs to be approximately $37,267, which is around 353 shares at $105.71 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.22% in this case). So, $1,200 / 0.0322 = $37,267 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock. The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find Consolidated Edison stock an attractive option for making a steady income of $100 per month by owning 353 shares of stock. There may be more upside to come as investors benefit from the company's consistent dividend hikes. Consolidated Edison has raised its dividend consecutively for the last 51 years. Read Next: Invest Where It Hurts — And Help Millions Heal: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Here's How You Can Earn $100 In Passive Income By Investing In Consolidated Edison Stock originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-04-2025
- Business
- Yahoo
Consolidated Edison, Inc. (ED): Among the Growing Dividend Stocks with Low PE Ratios
We recently published a list of the . In this article, we are going to take a look at where Consolidated Edison, Inc. (NYSE:ED) stands against other growing dividend stocks. Value stocks are enjoying a rare period of strength amid this year's broader market downturn. With earnings season approaching, it remains to be seen whether their recent edge over high-growth stocks will hold. The S&P Value Index—which includes sectors like banking, consumer staples, and healthcare, featuring companies that trade at relatively low valuations—has fallen around 9% this year. That's a smaller drop compared to the more than 15% decline seen in the growth-focused counterpart. Concerns over steep valuations in the tech sector, coupled with a wave of risk aversion triggered by tariffs, have pushed investors to shift from growth to value. While similar shifts haven't lasted long in the past, some investors believe that this time could be different, as expectations for value-oriented firms are modest enough that they may exceed them when earnings reports begin next month. Dan Morgan, senior portfolio manager at Synovus Trust, made the following comment about value investing: 'The bar has been set pretty low for value stocks compared to the uncertainty surrounding growth names and their ability to deliver on earnings estimates. If value can at least match or slightly beat expectations, the runway is clear for them.' According to data from Bloomberg Intelligence, analysts are forecasting a 12% decline in first-quarter earnings for value companies compared to the same period last year, while growth companies are expected to post a 20% increase. Supporters of value stocks believe that these lower expectations are already factored into their relatively modest valuations. On the other hand, optimism surrounding growth stocks—particularly in the tech sector—has soared in recent years, largely driven by enthusiasm over advancements in artificial intelligence. Historically, value stocks have lagged behind. Over the past 20 years, the S&P 500 Value Index has only outperformed its growth counterpart five times on an annual basis. During that period, the value index climbed 202%, while the growth index surged by 600%. Michael O'Rourke, chief market strategist at JonesTrading Institutional Services, made the following statement: 'Growth is about 40% more expensive; this outperformance of value was very long overdue. Due to the incredible strength of the Magnificent Seven, too many investors crowded into growth thinking it won't correct.' Investors often turn to dividend stocks when looking at companies with lower valuations. Dan Lefkovitz, a strategist at Morningstar Indexes, pointed out that dividend-growth stocks—those known for consistently raising their payouts—have underperformed the broader market in 2024. He attributed this to a market that has largely been driven by a handful of fast-growing tech names. However, he also remarked that while dividend-paying stocks may trail during such growth-led rallies, they tend to hold up better during market downturns, as seen in 2022 and 2018. Companies that consistently raise their dividends are often both profitable and financially stable—traits that become especially important during times of economic downturn. Aerial view of transmission and distribution substations providing electricity to residential and commercial customers. For this list, we focused on dividend-paying companies that have consistently paid dividends over the years and have also demonstrated a track record of increasing their payouts. From that group, we considered stocks with forward P/E ratios below 25, as of April 22. The stocks are ranked in ascending order of their P/E ratios. At Insider Monkey, we are obsessed with hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Forward P/E Ratio as of April 22: 19.80 Consolidated Edison, Inc. (NYSE:ED) is an American investor-owned energy company that offers services related to regulated gas, steam, and electricity distribution. The company delivers electricity and natural gas to New York City and nearby areas through its network of local utility companies. Its earnings remain consistently stable, thanks to rate structures that are regulated by government agencies. In addition, demand for energy in the region has continued to rise at a steady pace, even during periods of economic downturn. The stock is generating strong returns this year, surging by over 27%. In the fourth quarter of 2024, Consolidated Edison, Inc. (NYSE:ED) reported revenue of $3.67 billion, reflecting a 6.5% increase compared to the same period a year earlier. The figure also came in $35.6 million above analysts' expectations. Net income available to common shareholders totaled $310 million, or $0.90 per share, slightly down from $335 million, or $0.97 per share, in the prior-year quarter. During its earnings call, Consolidated Edison, Inc. (NYSE:ED) indicated that it anticipates continued growth in electricity demand throughout the year, driven by an uptick in new construction in downstate regions and regulations requiring clean heat solutions in both residential and commercial developments. Consolidated Edison, Inc. (NYSE:ED) currently offers a quarterly dividend of $0.85 per share and has a dividend yield of 3%, as recorded on April 22. In addition to its solid dividend yield, the company also holds a long track record of dividend growth, spanning 51 years. It has also paid regular dividends to shareholders since 1885. Overall, ED ranks 25th on our list of the best growing dividend stocks with low P/E ratios. While we acknowledge the potential of ED as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than ED but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
