tiprankstipranks
Trending News
More News >

Consolidated Edison Holds Annual Shareholder Meeting

Story Highlights
Consolidated Edison Holds Annual Shareholder Meeting

Confident Investing Starts Here:

An update from Consolidated Edison ( (ED) ) is now available.

At the Annual Meeting, Consolidated Edison, Inc. stockholders elected board members, ratified PricewaterhouseCoopers LLP as independent accountants for 2025, and approved executive compensation. These decisions reflect continued shareholder support for the company’s leadership and strategic direction, potentially reinforcing its stability and market position.

The most recent analyst rating on (ED) stock is a Hold with a $97.00 price target. To see the full list of analyst forecasts on Consolidated Edison stock, see the ED Stock Forecast page.

Spark’s Take on ED Stock

According to Spark, TipRanks’ AI Analyst, ED is a Neutral.

Consolidated Edison shows stable financial performance and solid dividends, making it a potentially attractive income investment. However, technical analysis suggests bearish trends, and the valuation indicates moderate growth expectations. Cash flow challenges need addressing to ensure long-term stability. The overall score reflects a balanced outlook with potential risks in market momentum.

To see Spark’s full report on ED stock, click here.

More about Consolidated Edison

Consolidated Edison, Inc. is a prominent player in the energy industry, primarily providing electric, gas, and steam services to customers in the northeastern United States.

Average Trading Volume: 3,103,639

Technical Sentiment Signal: Strong Buy

Current Market Cap: $37.97B

For a thorough assessment of ED stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App