On 2016-07-22, Consolidated Edison Inc (NYSE:ED) confirmed the dividend disbursement of $0.67 a share to shareholders as on record 2016-08-17. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-15.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Consolidated Edison Inc (NYSE:ED) paid a total of $0.67 per share in dividends. This figure stood at $0.67 a share in the same period a year ago indicating a deviation of 3.1746%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $75.5 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $80 and $71, respectively.
Taking the mathematical rating formula, the price for Consolidated Edison Inc (NYSE:ED) stands at 3.43. Earnings Review Consolidated Edison Inc (NYSE:ED) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $1.56.
Coming to the quarter ending on 2015-12-31, Consolidated Edison Inc (NYSE:ED) recorded EPS of $0.77. The reported numbers came lower than the analysts’ estimates of $0.73, demonstrating a miss of $0.04 as against reported figures.
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