Mizuho Maintains Consolidated Edison (ED) Neutral Recommendation
Nasdaq Fintel reports that on September 5, 2023, Mizuho maintained coverage of Consolidated Edison (NYSE:ED) with a Neutral recommendation.
Analyst Price Forecast Suggests 4.85% Upside
As of August 31, 2023, the average one-year price target for Consolidated Edison is 90.70. The forecasts range from a low of 73.73 to a high of $108.15. The average price target represents an increase of 4.85% from its latest reported closing price of 86.51.
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The projected annual revenue for Consolidated Edison is 14,872MM, a decrease of 4.31%. The projected annual non-GAAP EPS is 4.94.
Consolidated Edison Declares $0.81 Dividend
On July 20, 2023 the company declared a regular quarterly dividend of $0.81 per share ($3.24 annualized). Shareholders of record as of August 16, 2023 will receive the payment on September 15, 2023. Previously, the company paid $0.81 per share.
