Consolidated Edison (NYSE:ED – Get Free Report) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 5.300-5.400 for the period, compared to the consensus estimate of 5.320. The company issued revenue guidance of -.
Consolidated Edison Stock Performance
Shares of NYSE:ED traded down $1.44 during midday trading on Thursday, hitting $97.52. The company had a trading volume of 3,061,374 shares, compared to its average volume of 1,857,428. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.04 and a quick ratio of 0.97. The company has a market cap of $33.76 billion, a price-to-earnings ratio of 19.06, a PEG ratio of 3.34 and a beta of 0.36. Consolidated Edison has a 12-month low of $85.85 and a 12-month high of $107.75. The company has a fifty day moving average of $103.48 and a two-hundred day moving average of $97.85.
Consolidated Edison Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Wednesday, November 13th will be paid a $0.83 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $3.32 annualized dividend and a dividend yield of 3.40%. Consolidated Edison’s dividend payout ratio (DPR) is 64.59%.
Analyst Ratings Changes
Check Out Our Latest Stock Report on ED
About Consolidated Edison
Consolidated Edison, Inc, through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 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 1,530 customers in parts of Manhattan.
Recommended Stories
- Five stocks we like better than Consolidated Edison
- What Does a Stock Split Mean?
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Stock Average Calculator
- Breakout Alert: Qualcomm Just Hit The Rally Button
- What is the Nasdaq? Complete Overview with History
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Consolidated Edison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated Edison and related companies with MarketBeat.com's FREE daily email newsletter.