NYSE:ED Consolidated Edison (ED) Stock Price, News & Analysis → The Overlooked Retirement Asset You Probably Don’t Own (From Crypto 101 Media) (Ad) Free ED Stock Alerts $97.10 +0.19 (+0.20%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$96.39▼$97.1750-Day Range$87.42▼$98.1152-Week Range$80.46▼$98.85Volume1.57 million shsAverage Volume2.27 million shsMarket Capitalization$33.58 billionP/E Ratio18.64Dividend Yield3.42%Price Target$88.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Consolidated Edison alerts: Email Address Consolidated Edison MarketRank™ Stock AnalysisAnalyst RatingReduce1.75 Rating ScoreUpside/Downside8.9% Downside$88.46 Price TargetShort InterestHealthy2.12% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.46Based on 10 Articles This WeekInsider TradingAcquiring Shares$41,872 Bought Last QuarterProj. Earnings Growth5.65%From $5.31 to $5.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.74 out of 5 starsUtilities Sector42nd out of 90 stocksElectric & Other Services Combined Industry11th out of 17 stocks 0.9 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 7 hold ratings, and 4 sell ratings.Amount of Analyst CoverageConsolidated Edison has only been the subject of 3 research reports in the past 90 days.Read more about Consolidated Edison's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.12% of the outstanding shares of Consolidated Edison have been sold short.Short Interest Ratio / Days to CoverConsolidated Edison has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently increased by 18.26%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldConsolidated Edison pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConsolidated Edison has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 63.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Consolidated Edison will have a dividend payout ratio of 59.18% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend.Read more about Consolidated Edison's dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConsolidated Edison has received a 4.51% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with fossil fuels", "Electricity distribution services of electricity produced with nuclear fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for Consolidated Edison is -3.18. Previous Next 1.9 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Consolidated Edison this week, compared to 10 articles on an average week.Search InterestOnly 7 people have searched for ED on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.MarketBeat Follows18 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is an increase of 64% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have bought more of their company's stock than they have sold. Specifically, they have bought $41,872.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.17% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions66.29% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Consolidated Edison's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 5.65% in the coming year, from $5.31 to $5.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 18.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 18.64, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 83.84.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 9.12. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConsolidated Edison has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Consolidated Edison's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyI’m afraid WWIII is a very real possibility As one top U.S. cyber official claims: This [tech] is “the most powerful weapon of our time.” That's also why I've produced this new film.Take a look. About Consolidated Edison Stock (NYSE:ED)Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.Read More ED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ED Stock News HeadlinesMay 17 at 8:47 AM | msn.comCon Edison Athlete of the Week: John Jay Cross River baseball's Nick FassertMay 17 at 1:57 AM | msn.comPower restored on Staten Island’s North Shore after outageMay 15 at 4:00 PM | prnewswire.comCon Edison Executives to Attend Financial Conferences in May and June 2024May 14, 2024 | msn.comHudson River Contaminated by Oil Spill from Con Ed’s Cracked Floor and Century-Old TunnelMay 14, 2024 | investorplace.comAristocratic Trap: 3 Overpriced Dividend Stocks Poised for a FallMay 13, 2024 | seekingalpha.comConsolidated Edison: Below-Sector EPS Growth, Mixed Momentum TrendsMay 11, 2024 | markets.businessinsider.comConsolidated Edison (ED) Receives a Rating Update from a Top AnalystMay 10, 2024 | msn.comMysterious oily sheen appears on Long Island Sound. Crews don't know what it is and residents are worried.May 10, 2024 | msn.comCon Edison Athlete of the Week: Somers boys lacrosse's Landon PepeMay 9, 2024 | americanbankingnews.comBarclays Increases Consolidated Edison (NYSE:ED) Price Target to $97.00May 3, 2024 | markets.businessinsider.comConsolidated Edison Inc. Q1 Profit Decreases, but beats estimatesMay 3, 2024 | msn.comCon Edison Athlete of the Week: Claire Tierney of Ardsley girls lacrosseMay 3, 2024 | finance.yahoo.comSlowing Rates Of Return At Consolidated Edison (NYSE:ED) Leave Little Room For ExcitementMay 3, 2024 | sfgate.comCon Ed: Q1 Earnings SnapshotMay 3, 2024 | markets.businessinsider.comConsolidated Edison: Balancing Decarbonization Prospects and Operational UncertaintiesMay 3, 2024 | finance.yahoo.comConsolidated Edison beats first-quarter earnings estimatesMay 3, 2024 | msn.comED Stock Earnings: Consolidated Edison Beats EPS, Misses Revenue for Q1 2024May 2, 2024 | finance.yahoo.comConsolidated Edison Inc (ED) Surpasses Analysts' EPS Projections in Q1 2024May 2, 2024 | prnewswire.comCON EDISON REPORTS 2024 FIRST QUARTER EARNINGSApril 30, 2024 | msn.comPower restored after tractor-trailer crash in Manhattan Beach causes outageApril 29, 2024 | msn.comLooting tribal landApril 28, 2024 | au.finance.yahoo.comED Aug 2024 90.000 putApril 27, 2024 | msn.comCon Edison Athlete of the Week: Yorktown flag football's Kaitlyn JudgeApril 26, 2024 | msn.comTesla Is Not the Next Ford. It’s the Next Con Ed.April 26, 2024 | msn.com9 Stocks That Thrive When Interest Rates Are HigherSee More Headlines Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/15 Dividend2/13/2024Dividend Payable3/15/2024Last Earnings5/02/2024Ex-Dividend for 6/14 Dividend5/14/2024Today5/18/2024Dividend Payable6/14/2024Next Earnings (Estimated)8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric & other services combined Sub-IndustryMulti-Utilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees14,592Year Founded1823Price Target and Rating Average Stock Price Target$88.46 High Stock Price Target$97.00 Low Stock Price Target$73.00 Potential Upside/Downside-8.9%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.21 Trailing P/E Ratio18.64 Forward P/E Ratio18.29 P/E Growth9.12Net Income$2.52 billion Net Margins12.43% Pretax Margin15.36% Return on Equity8.79% Return on Assets2.85% Debt Debt-to-Equity Ratio1.01 Current Ratio0.99 Quick Ratio0.92 Sales & Book Value Annual Sales$14.66 billion Price / Sales2.29 Cash Flow$11.01 per share Price / Cash Flow8.82 Book Value$62.50 per share Price / Book1.55Miscellaneous Outstanding Shares345,830,000Free Float345,247,000Market Cap$33.58 billion OptionableOptionable Beta0.34 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Timothy P. Cawley (Age 59)Chairman, President & CEO Comp: $3.52MMr. Robert N. Hoglund (Age 62)Senior VP & CFO Comp: $1.96MMs. Deneen Lynette Donnley (Age 59)Senior VP & General Counsel Comp: $1.42MMr. Robert Sanchez (Age 58)President of Shared Services of Con Edison of New York Comp: $1.22MMr. Matthew Ketschke (Age 52)President of Consolidated Edison Company of New York, Inc. Comp: $1.38MMr. Joseph Miller (Age 61)VP, Controller & Chief Accounting Officer Mr. Jan C. ChildressDirector of Investor RelationsMr. Yukari Saegusa (Age 56)VP & Treasurer Sylvia V. DooleyVP & Corporate SecretaryStuart Nachmias (Age 59)President & CEO of Con Edison Transmission, Inc. More ExecutivesKey CompetitorsPublic Service Enterprise GroupNYSE:PEGWEC Energy GroupNYSE:WECAmerenNYSE:AEECMS EnergyNYSE:CMSPG&ENYSE:PCGView All CompetitorsInsiders & InstitutionsComerica BankSold 196 shares on 5/17/2024Ownership: 0.026%Plato Investment Management LtdBought 9,903 shares on 5/17/2024Ownership: 0.003%Citizens Financial Group Inc. RIBought 3,164 shares on 5/17/2024Ownership: 0.002%Tidal Investments LLCBought 375 shares on 5/17/2024Ownership: 0.002%Beacon Capital Management LLCBought 300 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions ED Stock Analysis - Frequently Asked Questions Should I buy or sell Consolidated Edison stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 4 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" ED shares. View ED analyst ratings or view top-rated stocks. What is Consolidated Edison's stock price target for 2024? 12 Wall Street research analysts have issued 1 year price objectives for Consolidated Edison's stock. Their ED share price targets range from $73.00 to $97.00. On average, they expect the company's share price to reach $88.46 in the next year. This suggests that the stock has a possible downside of 8.9%. View analysts price targets for ED or view top-rated stocks among Wall Street analysts. How have ED shares performed in 2024? Consolidated Edison's stock was trading at $90.97 at the beginning of 2024. Since then, ED stock has increased by 6.7% and is now trading at $97.10. View the best growth stocks for 2024 here. Are investors shorting Consolidated Edison? Consolidated Edison saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,190,000 shares, an increase of 9.6% from the March 31st total of 5,650,000 shares. Based on an average trading volume of 1,890,000 shares, the short-interest ratio is currently 3.3 days. View Consolidated Edison's Short Interest. When is Consolidated Edison's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024. View our ED earnings forecast. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) issued its quarterly earnings results on Thursday, May, 2nd. The utilities provider reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.26. The utilities provider had revenue of $4.28 billion for the quarter, compared to analysts' expectations of $4.40 billion. Consolidated Edison had a trailing twelve-month return on equity of 8.79% and a net margin of 12.43%. Consolidated Edison's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.83 EPS. How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison? Consolidated Edison announced a quarterly dividend on Thursday, April 18th. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.83 per share on Friday, June 14th. This represents a $3.32 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend is Tuesday, May 14th. Read our dividend analysis for ED. Is Consolidated Edison a good dividend stock? Consolidated Edison (NYSE:ED) pays an annual dividend of $3.32 per share and currently has a dividend yield of 3.43%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 63.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ED will have a dividend payout ratio of 59.18% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ED. What ETFs hold Consolidated Edison's stock? ETFs with the largest weight of Consolidated Edison (NYSE:ED) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), iShares Global Clean Energy ETF (ICLN), First Trust Utilities AlphaDEX Fund (FXU), Subversive Decarbonization ETF (DKRB), Virtus Duff & Phelps Clean Energy ETF (VCLN), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Utilities Select Sector SPDR Fund (XLU). What guidance has Consolidated Edison issued on next quarter's earnings? Consolidated Edison issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 5.200-5.400 for the period, compared to the consensus EPS estimate of 5.310. The company issued revenue guidance of -. What is John McAvoy's approval rating as Consolidated Edison's CEO? 211 employees have rated Consolidated Edison Chief Executive Officer John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among the company's employees. This puts John McAvoy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Consolidated Edison own? Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Altria Group (MO) and Procter & Gamble (PG). Who are Consolidated Edison's major shareholders? Consolidated Edison's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.00%), Bank of New York Mellon Corp (0.72%), ProShare Advisors LLC (0.58%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Swiss National Bank (0.30%) and CANADA LIFE ASSURANCE Co (0.22%). Insiders that own company stock include Christina Ho, Deneen L Donnley, Frances Resheske, Gurudatta D Nadkarni, Gurudatta D Nadkarni, Jennifer Hensley, John Mcavoy, Joseph Miller, La Bastide Lore De, Matthew Ketschke, Nancy Shannon, Robert N Hoglund, Robert Sanchez, Stuart Nachmias, Timothy Cawley and Yukari Saegusa. View institutional ownership trends. How do I buy shares of Consolidated Edison? Shares of ED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Does Consolidated Edison have any subsidiaries? The following companies are subsidiares of Consolidated Edison: Con Edison Clean Energy Businesses Inc., and Consolidated Edison Company of New York Inc..Read More This page (NYSE:ED) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaMost important medical advance in 100 yearsThe Oxford ClubThe Presidential candidate you should REALLY be worried aboutStansberry ResearchMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders AllianceBiden Nomination CANCELED?The Freeport SocietyUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Consolidated Edison, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
