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Consolidated Edison, Inc. (ED)

NYSE - NYSE Delayed price. Currency in USD
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97.24+2.14 (+2.25%)
At close: 04:04PM EDT
97.66 +0.42 (+0.43%)
After hours: 07:52PM EDT
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  • k
    kram
    VZ or ED which is better for holding for dividend?
  • A
    Avshalom Bistricer
    Utility at pe of 22. Interest rate going up and the stock up. Many stores are still closed, offices half empty. The world is upside down.
  • d
    donna
    Five year return is 2.40%
  • D
    DataTrader
    Con Edison electricity bills poised to jump 11% to 12% in NYC this summer
  • A
    A~Aron
    Love this stock. Recession proof. Set it and forget it. Consider it a retirement play.
  • B
    Bruce of Windsor
    As summer hits the Northeast with 90° temps... ED will see higher usage due ACs for both residential and commercial use.
  • J
    Jim
    Official correction territory for this.
  • J
    Jim
    And a new all time hi for this lol.
  • n
    nobody
    Con ed is asking for price increase starting in 2023 in NYC at the same time demand for electric is going up new laws passed in NYC required some new construction to be all electric wow maybe CON ed should buy bit coin and hold it
  • k
    kram
    Average vol 1,778,908
    and a silent bb?
  • k
    kram
    So is ED share price going higher?

    May 3, 2022, 5:00 a.m. ET
    Already frustrated and angry about high gasoline prices, many Americans are being hit by rapidly rising electricity bills, compounding inflation’s financial toll on people and businesses.

    The national average residential electricity rate was up 8 percent in January from a year earlier, the biggest annual increase in more than a decade. The latest figures, from February, show an almost 4 percent annual rise, reaching the highest level for that month and approaching summer rates, which are generally the most expensive.

    In Florida, Hawaii, Illinois and New York, rates are up about 15 percent, according to the Energy Department’s latest figures. Combined with a seasonal increase in the use of electricity as people turn on air-conditioners, the higher rates will leave many people paying a lot more for power this summer than they did last year.

    The immediate reason for the jump in electric rates is that the war in Ukraine has driven up the already high cost of natural gas, which is burned to produce about 40 percent of America’s electricity. And supply chain chaos has made routine grid maintenance and upgrades more expensive.
  • D
    DataTrader
    Forecast temps low to mid 90s early next week in NY. Will be record hot summer, and with high nat gas prices power utilities are going to get approval for rate hikes. ED could possibly be pushing $105+ by mid June.
  • k
    kram
    Wonder how many folks will sell after dividend?
  • k
    kram
    Hold that line at 100 as a low, onward and upward!
  • k
    kram
    Bravo!
  • k
    kram
    Lost $6 share price in one month.
    Does earnings have any effect?
  • J
    Jason
    New high coming...load up the truck.
  • k
    kram
    Ex div day
  • Y
    Yet another anonymous name
    #$%$ I bought ED as a conservative income investment to help balance the high risk growth stuff. And it turns toward the moon??? Stop losses put in. -- Yet Another