Brokers Issue Forecasts for ED Q2 Earnings

Consolidated Edison Inc (NYSE:ED) – Equities research analysts at KeyCorp issued their Q2 2026 earnings per share estimates for shares of Consolidated Edison in a research note issued on Wednesday, July 22nd. KeyCorp analyst S. Karp forecasts that the utilities provider will post earnings of $0.65 per share for the quarter. KeyCorp has a “Underweight” rating and a $94.00 price objective on the stock. The consensus estimate for Consolidated Edison’s current full-year earnings is $6.09 per share. KeyCorp also issued estimates for Consolidated Edison’s Q3 2026 earnings at $2.24 EPS and FY2030 earnings at $7.77 EPS.

ED has been the topic of several other reports. The Goldman Sachs Group reaffirmed a “sell” rating and issued a $105.00 price target on shares of Consolidated Edison in a report on Thursday, May 14th. Argus set a $112.00 target price on shares of Consolidated Edison in a research report on Tuesday, June 23rd. Mizuho restated a “neutral” rating and issued a $105.00 target price on shares of Consolidated Edison in a research note on Tuesday, June 2nd. Evercore set a $116.00 price target on shares of Consolidated Edison in a research report on Monday, May 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Consolidated Edison in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $107.87.

Consolidated Edison Stock Performance

Consolidated Edison stock opened at $112.97 on Friday. Consolidated Edison has a 52 week low of $94.96 and a 52 week high of $116.23. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 1.00. The stock has a market cap of $41.63 billion, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 2.93 and a beta of 0.27. The stock has a 50 day moving average of $109.04 and a 200-day moving average of $109.01.

Consolidated Edison Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $0.8875 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 annualized dividend and a yield of 3.1%. Consolidated Edison’s payout ratio is presently 59.76%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Revolve Wealth Partners LLC boosted its stake in Consolidated Edison by 13.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,721 shares of the utilities provider’s stock valued at $332,000 after purchasing an additional 441 shares during the period. Empowered Funds LLC raised its holdings in shares of Consolidated Edison by 42.1% during the first quarter. Empowered Funds LLC now owns 8,978 shares of the utilities provider’s stock valued at $993,000 after buying an additional 2,659 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Consolidated Edison by 40.7% during the first quarter. Woodline Partners LP now owns 29,271 shares of the utilities provider’s stock valued at $3,237,000 after buying an additional 8,468 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Consolidated Edison during the second quarter worth approximately $3,256,000. Finally, Baird Financial Group Inc. boosted its position in shares of Consolidated Edison by 2.1% during the second quarter. Baird Financial Group Inc. now owns 14,679 shares of the utilities provider’s stock worth $1,473,000 after buying an additional 296 shares during the period. 66.29% of the stock is currently owned by institutional investors.

About Consolidated Edison

Consolidated Edison, Inc, commonly known as Con Edison, is an investor-owned energy company that primarily delivers electricity, natural gas and steam to customers in the New York metropolitan area. Its regulated utility operations include the distribution and transmission of electric power, the distribution of natural gas, and the operation of one of the largest district steam systems in the United States, serving commercial, institutional and residential customers in New York City and nearby counties.

The company operates through regulated utility subsidiaries that serve urban and suburban service territories, together with non-utility businesses that develop, own and manage energy infrastructure and clean energy projects.