Lowest-Rated StocksLowest-RatedNYSE:ED Consolidated Edison (ED) Stock Price, News & Analysis → The Gold Grab of the Century (From Colonial Metals) (Ad) Free ED Stock Alerts $94.12 +0.69 (+0.74%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$92.69▼$94.3650-Day Range$86.19▼$94.1252-Week Range$80.46▼$100.44Volume2.19 million shsAverage Volume1.88 million shsMarket Capitalization$32.52 billionP/E Ratio13.11Dividend Yield3.53%Price Target$87.54 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/Downside7.0% Downside$87.54 Price TargetShort InterestHealthy1.79% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.44Based on 14 Articles This WeekInsider TradingAcquiring Shares$22,972 Bought Last QuarterProj. Earnings Growth5.66%From $5.30 to $5.60 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.4.00 out of 5 starsUtilities Sector34th out of 87 stocksElectric & Other Services Combined Industry10th out of 16 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 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.79% 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 3.3, 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 9.56%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipConsolidated Edison is a leading dividend payer. It pays a dividend yield of 3.58%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthConsolidated Edison has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 46.24%. 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 59.29% next year. This indicates that Consolidated Edison will be able to sustain or increase its 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 2.5 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.44. 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 14 news articles for Consolidated Edison this week, compared to 10 articles on an average week.Search Interest17 people have searched for ED on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 15 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is a decrease of -12% 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 $22,972.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.13% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 5.66% in the coming year, from $5.30 to $5.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 13.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 13.11, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 81.38.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 8.76. 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 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressIt’s now possible to know the win rate of every trade… BEFORE you take it! Would you like to know the historic win rate of every trade you take before you place it? Well, it’s all possible with these FIVE Candlestick Pattern Cheatsheets. >> You can grab your FREE, laminated copies right here << 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 HeadlinesApril 5, 2024 | insidertrades.comInsider Buying: Consolidated Edison, Inc. (NYSE:ED) CFO Acquires 156 Shares of StockApril 25, 2024 | americanbankingnews.comConsolidated Edison (ED) Scheduled to Post Quarterly Earnings on ThursdayApril 26, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItCentral Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.April 24, 2024 | nj.comAustin, Edison soar past Carteret - Softball recapApril 24, 2024 | msn.comElon Musk’s EV Empire Is CrumblingApril 23, 2024 | americanbankingnews.comConsolidated Edison (NYSE:ED) Price Target Cut to $85.00 by Analysts at ScotiabankApril 21, 2024 | nytimes.comA Friend of Obama Who Could Soon Share the World Stage With TrumpApril 21, 2024 | wsj.comConsolidated Edison Inc.April 26, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItCentral Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.April 19, 2024 | msn.comCon Edison Athlete of the Week: Byram Hills girls lacrosse's Anastasia ByrnesApril 18, 2024 | prnewswire.comCON EDISON DECLARES COMMON STOCK DIVIDENDApril 16, 2024 | 247wallst.com6 Dividend Aristocrats to Buy for Reliable Passive IncomeApril 14, 2024 | msn.comStorm: Strong Winds Knock Out Power In WestchesterApril 13, 2024 | msn.comOvernight storm causes power outages in the Lower Hudson ValleyApril 13, 2024 | finance.yahoo.comConsolidated Edison's (NYSE:ED) investors will be pleased with their 26% return over the last three yearsApril 12, 2024 | msn.comCon Edison Athlete of the Week: Ursuline runner Sarai SealyApril 12, 2024 | msn.comOil Leaks into Hudson River After 4,000 Gallon Spill at Con Ed Steam PlantApril 11, 2024 | prnewswire.comCon Edison to Report 1st Quarter 2024 Earnings on May 2April 9, 2024 | msn.com‘The people feel hopeless’: S.I. NYCHA development again without power, hot water, heat, elevatorsApril 8, 2024 | msn.comGas main ruptures in Bronx, 2 buildings evacuatedApril 8, 2024 | yahoo.comCon Edison continues clean up after Yonkers fluid spill in Bronx RiverApril 8, 2024 | finance.yahoo.comIs Consolidated Edison, Inc.'s (NYSE:ED) ROE Of 12% Impressive?April 7, 2024 | msn.com1,000 gallons of insulating fluid leaks into Bronx River; cleanup underway: DECApril 7, 2024 | msn.comCon Edison leaked 1,000 gallons of insulating fluid into the Bronx RiverApril 7, 2024 | msn.com1,000 gallons of dielectric fluid leaked into Bronx River, Con Edison saysApril 6, 2024 | investing.comConsolidated Edison exec buys company shares worth $888April 5, 2024 | msn.comCon Edison Athlete of the Week: Hen Hud girls lacrosse's Alexa 'Lexi' RobinsonSee 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 Dividend2/13/2024Last Earnings2/15/2024Dividend Payable3/15/2024Today4/26/2024Next Earnings (Confirmed)5/02/2024Ex-Dividend for 6/14 Dividend5/14/2024Dividend Payable6/14/2024Fiscal 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$87.54 High Stock Price Target$96.00 Low Stock Price Target$73.00 Potential Upside/Downside-7.0%Consensus RatingReduce Rating Score (0-4)1.75 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$7.18 Trailing P/E Ratio13.11 Forward P/E Ratio17.76 P/E Growth8.76Net Income$2.52 billion Net Margins17.19% Pretax Margin20.48% Return on Equity8.41% Return on Assets2.74% Debt Debt-to-Equity Ratio1.04 Current Ratio1.01 Quick Ratio0.94 Sales & Book Value Annual Sales$14.66 billion Price / Sales2.22 Cash Flow$11.14 per share Price / Cash Flow8.45 Book Value$61.29 per share Price / Book1.54Miscellaneous Outstanding Shares345,510,000Free Float345,061,000Market Cap$32.52 billion OptionableOptionable Beta0.35 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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:PEGPG&ENYSE:PCGWEC Energy GroupNYSE:WECAmerenNYSE:AEENiSourceNYSE:NIView All CompetitorsInsiders & InstitutionsCambridge Investment Research Advisors Inc.Bought 359 shares on 4/25/2024Ownership: 0.025%Equitable Trust Co.Bought 337 shares on 4/25/2024Ownership: 0.004%Fjarde AP Fonden Fourth Swedish National Pension FundBought 200 shares on 4/25/2024Ownership: 0.001%Valeo Financial Advisors LLCSold 307 shares on 4/25/2024Ownership: 0.001%Lindbrook Capital LLCSold 224 shares on 4/25/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions Should I Buy Consolidated Edison Stock? ED Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Consolidated Edison, Inc.: Consolidated Edison's stock price has shown stability and resilience, making it a reliable investment option. The company has a strong track record of consistent dividend payments, providing investors with a steady income stream. Consolidated Edison operates in the regulated electric, gas, and steam delivery businesses, which are essential services with stable demand. With a market capitalization of $30.71 billion, Consolidated Edison is a well-established player in the industry. Consolidated Edison's recent quarterly earnings report exceeded analysts' expectations, indicating positive growth potential. Cons Investors should be bearish about investing in Consolidated Edison, Inc. for these reasons: Consolidated Edison's revenue was down 14.6% compared to the same quarter last year, signaling a decline in financial performance. The company's P/E ratio of 12.38 and P/E/G ratio of 8.54 may indicate overvaluation or limited growth prospects. There is a debt-to-equity ratio of 1.04, suggesting a relatively high level of debt that could pose risks in uncertain economic conditions. Recent institutional selling of Consolidated Edison's shares may reflect a lack of confidence among large investors. The company's 12 month low and high stock prices indicate volatility, which could lead to unpredictable returns for investors. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Consolidated Edison pros and cons to contact@marketbeat.com. ED Stock Analysis - Frequently Asked Questions Should I buy or sell Consolidated Edison stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last twelve months. There are currently 4 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research 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 targets for Consolidated Edison's shares. Their ED share price targets range from $73.00 to $96.00. On average, they anticipate the company's stock price to reach $87.54 in the next year. This suggests that the stock has a possible downside of 7.0%. 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 3.5% and is now trading at $94.12. View the best growth stocks for 2024 here. Are investors shorting Consolidated Edison? Consolidated Edison saw a increase in short interest in the month of 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 daily trading volume, of 1,890,000 shares, the days-to-cover 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, May 2nd 2024. View our ED earnings forecast. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) released its quarterly earnings results on Thursday, February, 15th. The utilities provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The utilities provider earned $3.44 billion during the quarter, compared to analyst estimates of $3.70 billion. Consolidated Edison had a trailing twelve-month return on equity of 8.41% and a net margin of 17.19%. Consolidated Edison's quarterly revenue was down 14.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.81 EPS. How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison? Consolidated Edison declared a quarterly dividend on Thursday, April 18th. Investors 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 3.53%. 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 3.58%. 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 46.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ED will have a dividend payout ratio of 59.29% 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), First Trust Utilities AlphaDEX Fund (FXU), Subversive Decarbonization ETF (DKRB), Invesco S&P 500 Equal Weight Utilities ETF (RSPU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Utilities Select Sector SPDR Fund (XLU), Vanguard Utilities ETF (VPU) and Fidelity MSCI Utilities Index ETF (FUTY). What guidance has Consolidated Edison issued on next quarter's earnings? Consolidated Edison issued an update on its FY24 earnings guidance on Friday, February, 16th. The company provided earnings per share (EPS) guidance of $5.20-5.40 for the period, compared to the consensus estimate of $5.29. 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 many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (0.72%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Welch Group LLC (0.14%), Wealth Enhancement Advisory Services LLC (0.11%), Zurcher Kantonalbank Zurich Cantonalbank (0.10%) and New York State Teachers Retirement System (0.10%). Insiders that own company stock include Christina Ho, Deneen L Donnley, Frances Resheske, Gurudatta D Nadkarni, Gurudatta D Nadkarni, 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 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss RatingsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressBetter than Bitcoin? The Biotech Stock with 46,751% PotentialBehind the Markets 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 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.
