Consolidated Edison (ED) to Release Earnings on Thursday
Consolidated Edison (NYSE:ED) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, February 15th. Analysts expect Consolidated Edison to post earnings of $0.75 per share for the quarter.
Consolidated Edison (ED) opened at $77.40 on Tuesday. Consolidated Edison has a 12-month low of $72.63 and a 12-month high of $89.70. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.70 and a current ratio of 0.79. The company has a market cap of $24,000.00, a price-to-earnings ratio of 19.40, a price-to-earnings-growth ratio of 9.00 and a beta of 0.03.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 14th will be given a dividend of $0.715 per share. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $2.86 annualized dividend and a yield of 3.70%. This is a positive change from Consolidated Edison’s previous quarterly dividend of $0.69. Consolidated Edison’s dividend payout ratio (DPR) is 69.17%.
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Consolidated Edison Company Profile
Consolidated Edison, Inc (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc (CECONY), Orange and Rockland Utilities, Inc (O&R), Con Edison Clean Energy Businesses, Inc (the Clean Energy Businesses) and Con Edison Transmission, Inc (Con Edison Transmission).
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