Zacks Research Has Optimistic Outlook of ED Q2 Earnings

Consolidated Edison, Inc. (NYSE:ED) – Equities researchers at Zacks Research boosted their Q2 2025 EPS estimates for shares of Consolidated Edison in a research report issued on Thursday, May 22nd. Zacks Research analyst R. Department now anticipates that the utilities provider will earn $0.56 per share for the quarter, up from their prior forecast of $0.53. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.62 per share. Zacks Research also issued estimates for Consolidated Edison’s Q3 2025 earnings at $1.77 EPS, Q4 2025 earnings at $1.00 EPS, FY2025 earnings at $5.60 EPS, Q1 2026 earnings at $2.17 EPS, Q4 2026 earnings at $1.42 EPS, FY2026 earnings at $6.01 EPS, Q1 2027 earnings at $1.94 EPS and FY2027 earnings at $6.34 EPS.

Consolidated Edison (NYSE:ED) last released its earnings results on Thursday, May 1st. The utilities provider reported $2.25 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.05). Consolidated Edison had a net margin of 11.93% and a return on equity of 8.62%. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the prior year, the company earned $2.15 earnings per share.

ED has been the topic of a number of other reports. Barclays upped their price target on shares of Consolidated Edison from $100.00 to $101.00 and gave the company an “underweight” rating in a research note on Monday, May 5th. Wells Fargo & Company upped their price target on shares of Consolidated Edison from $103.00 to $114.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. Mizuho upped their price target on shares of Consolidated Edison from $92.00 to $95.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Scotiabank upped their price target on shares of Consolidated Edison from $100.00 to $101.00 and gave the company a “sector perform” rating in a research note on Monday, February 24th. Finally, KeyCorp cut shares of Consolidated Edison from a “sector weight” rating to an “underweight” rating and set a $90.00 price target on the stock. in a research note on Wednesday, May 14th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $104.27.

Consolidated Edison Stock Up 0.6%

Consolidated Edison stock opened at $104.02 on Friday. Consolidated Edison has a twelve month low of $87.28 and a twelve month high of $114.87. The firm has a 50 day moving average price of $108.33 and a 200-day moving average price of $99.98. The company has a market capitalization of $37.48 billion, a P/E ratio of 19.85, a P/E/G ratio of 3.05 and a beta of 0.29. The company has a quick ratio of 0.93, a current ratio of 1.01 and a debt-to-equity ratio of 1.07.

Institutional Trading of Consolidated Edison

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Consolidated Edison by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 43,117,094 shares of the utilities provider’s stock worth $4,768,319,000 after purchasing an additional 661,432 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Consolidated Edison by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 8,984,022 shares of the utilities provider’s stock valued at $799,684,000 after buying an additional 130,234 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Consolidated Edison by 1.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,868,772 shares of the utilities provider’s stock valued at $538,437,000 after buying an additional 48,323 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Consolidated Edison by 6.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,820,449 shares of the utilities provider’s stock valued at $430,129,000 after buying an additional 271,088 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Consolidated Edison during the 4th quarter valued at $399,824,000. 66.29% of the stock is currently owned by hedge funds and other institutional investors.

Consolidated Edison Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Wednesday, May 14th will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 3.27%. The ex-dividend date is Wednesday, May 14th. Consolidated Edison’s dividend payout ratio is presently 62.85%.

About Consolidated Edison

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.