MarketBeat | Real-Time Financial News and Analysis

Open Main Menu Open Sidebar

Consolidated Edison Company Profile (NYSE:ED)

Consensus Ratings for Consolidated Edison (NYSE:ED) (?)
Ratings Breakdown: 3 Sell Rating(s), 5 Hold Rating(s)
Consensus Rating:Hold (Score: 1.63)
Consensus Price Target: $70.50 (10.98% downside)

Analysts' Ratings History for Consolidated Edison (NYSE:ED)
Show:
DateFirmActionRatingPrice TargetActions
6/22/2016BMO Capital MarketsInitiated CoverageHold$79.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/12/2016MizuhoBoost Price TargetNeutral$66.00 -> $72.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/18/2016Deutsche BankDowngradeHold -> Sell$62.00 -> $70.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016BarclaysLower Price TargetEqual Weight$70.00 -> $69.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/19/2016Jefferies GroupBoost Price TargetHold$67.00 -> $72.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/13/2016Morgan StanleyReiterated RatingUnderweightView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/19/2015Goldman SachsDowngradeNeutral -> Sell$61.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/28/2015ArgusDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/19/2015Evercore Partners Inc.UpgradeSell -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/19/2015Evercore ISIUpgradeSell -> Hold$62.00 -> $58.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/22/2015GuggenheimInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/21/2014CRT CapitalReiterated RatingFairly Valued$57.00 -> $58.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/29/2014 forward)
Earnings History for Consolidated Edison (NYSE:ED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/4/2016        
5/5/2016Q1$1.21$1.18$3.56 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/18/2016Q4$0.54$0.61$3.06 billion$2.71 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2015Q315$1.48$1.45$3.51 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/6/2015Q2$0.63$0.74$2.96 billion$2.79 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2015Q1 15$1.18$1.25$3.75 billion$3.62 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/19/2015Q414$0.55$0.28$2.52 billion$2.83 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q3$1.43$1.48$3.47 billion$3.39 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2014Q214$0.54$0.65$2.81 billion$2.91 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014Q1$1.05$1.23$3.42 billion$3.79 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014$0.66$0.69ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/4/2013Q313$1.42$1.48$3.57 billion$3.48 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2013Q2 2013$0.57$0.59$2.85 billion$2.82 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/2/2013Q1 2013$1.04$1.08$3.28 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2013Q4 2012$0.73$0.69$3.35 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/5/2012$1.37$1.44$3.88 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2012$0.59$0.73ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$1.04$1.01ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2011$1.33$1.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$1.00$0.99ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/20/2011$0.70$69.00ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Consolidated Edison (NYSE:ED)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$1.20$1.25$1.23
Q2 20161$0.75$0.75$0.75
Q3 20161$1.50$1.50$1.50
Q4 20161$0.60$0.60$0.60
(Data provided by Zacks Investment Research)
Current Dividend Information for Consolidated Edison (NYSE:ED)
Annual Dividend:$2.68
Dividend Yield:3.38%
Payout Ratio:67.00%
Dividend Growth:2.40% (3 Year Average)

Dividend History for Consolidated Edison (NYSE:ED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/21/2016quarterly$0.673.74%5/16/20165/18/20166/15/2016Tweet This Announcement  Share This Announcement on StockTwits
1/21/2016quarterly$0.673.83%2/12/20162/17/20163/15/2016Tweet This Announcement  Share This Announcement on StockTwits
10/22/2015quarterly$0.653.88%11/16/201511/18/201512/15/2015Tweet This Announcement  Share This Announcement on StockTwits
7/16/2015quarterly$0.654.24%8/17/20158/19/20159/15/2015Tweet This Announcement  Share This Announcement on StockTwits
4/16/2015quarterly$0.654.27%5/18/20155/20/20156/15/2015Tweet This Announcement  Share This Announcement on StockTwits
1/15/2015quarterly$0.653.76%2/13/20152/18/20153/15/2015Tweet This Announcement  Share This Announcement on StockTwits
10/16/2014quarterly$0.634.15%11/7/201411/12/201412/15/2014Tweet This Announcement  Share This Announcement on StockTwits
7/17/2014quarterly$0.634.43%8/11/20148/13/20149/15/2014Tweet This Announcement  Share This Announcement on StockTwits
4/17/2014quarterly$0.634.43%5/12/20145/14/20146/15/2014Tweet This Announcement  Share This Announcement on StockTwits
1/16/2014quarterly$0.634.67%2/10/20142/12/20143/15/2014Tweet This Announcement  Share This Announcement on StockTwits
10/17/2013quarterly$0.624.33%11/8/201311/13/201312/15/2013Tweet This Announcement  Share This Announcement on StockTwits
7/18/2013quarterly$0.624.07%8/13/20138/14/20139/15/2013Tweet This Announcement  Share This Announcement on StockTwits
4/18/2013quarterly$0.623.94%5/13/20135/15/20136/15/2013Tweet This Announcement  Share This Announcement on StockTwits
2/1/2013quarterly$0.624.31%2/11/20132/13/20133/15/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Consolidated Edison (NYSE:ED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
6/15/2016John McavoyCEOBuy27$78.13$2,109.51View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/16/2016John McavoyCEOBuy28$73.41$2,055.48View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/30/2016Craig S IveyInsiderBuy30$74.39$2,231.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/30/2016Gurudatta D NadkarniVPBuy28$74.39$2,082.92View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/30/2016Robert MucciloCAOBuy27$74.39$2,008.53View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/30/2016Robert N HoglundCFOBuy31$74.39$2,306.09View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/15/2016John McavoyCEOBuy28$75.79$2,122.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016Craig S IveyInsiderBuy66$73.56$4,854.96View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016Elizabeth D MooreSVPBuy46$73.56$3,383.76View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016Gurudatta D NadkarniVPBuy80$73.56$5,884.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016John McavoyCEOBuy52$73.56$3,825.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016Robert MucciloCAOBuy79$73.56$5,811.24View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/31/2016Robert N HoglundCFOBuy102$73.56$7,503.12View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/15/2016John McavoyCEOBuy28$73.78$2,065.84View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/16/2016John McavoyCEOBuy29$70.70$2,050.30View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2016Craig S IveyInsiderBuy33$66.92$2,208.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2016Gurudatta D NadkarniVPBuy31$66.92$2,074.52View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2016Joseph P OatesSVPBuy8$66.92$535.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2016Robert MucciloCAOBuy30$66.92$2,007.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/31/2016Robert N HoglundCFOBuy35$66.92$2,342.20View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
1/15/2016John McavoyCEOBuy31$67.34$2,087.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Craig S IveyInsiderBuy65$64.69$4,204.85View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Giudice Michael J DelDirectorBuy0$64.69$0.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Gurudatta D NadkarniVPBuy79$64.69$5,110.51View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Joseph P OatesSVPBuy23$64.69$1,487.87View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Robert N HoglundCFOBuy101$64.69$6,533.69View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/31/2015Timothy CawleyCEOBuy46$64.69$2,975.74View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/15/2015John McavoyCEOBuy34$62.34$2,119.56View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/9/2015Linda S SanfordDirectorBuy1,500$61.55$92,325.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
7/15/2015John McavoyCEOBuy34$60.42$2,054.28View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/14/2014Kevin BurkeDirectorSell160,000$62.14$9,942,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2014Kevin BurkeDirectorSell40,000$62.25$2,490,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/23/2014Giudice Michael J DelDirectorSell1,293$56.78$73,416.54View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/23/2013Craig IveyInsiderSell3,100$56.67$175,677.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/26/2013Longhi G WilliamInsiderSell3,335$57.74$192,562.90View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/20/2013Scott L SandersVPSell3,151$60.80$191,580.80View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Consolidated Edison (NYSE:ED)
DateHeadline
06/29/16 07:42 AMPrice Target Estimates: Consolidated Edison, Inc. (NYSE:ED) - News Oracle
06/29/16 07:42 AMIs Consolidated Edison Inc (NYSE:ED) a Valuable Stock? - Street Report
06/29/16 07:42 AMConsolidated Edison Sees Improved Earnings Estimates From Barclays - Benzinga
06/28/16 08:47 PMReachLocal skyrockets; Regulus, Dow fall
06/28/16 08:47 PMNextera bids to buy Texas power company
06/28/16 03:41 PMNextEra said to bid on Oncor as Berkshire, Edison interested
06/28/16 03:41 PMHess rises and ReachLocal skyrockets; Regulus, Dow fall
06/28/16 08:37 AMHillburn O&R transformer fire doused after days
06/27/16 03:42 PMNow Available: Orange and Rockland Utilities, Inc. - Strategic SWOT Analysis Review
06/27/16 03:42 PMConsolidated Edison Sees Improved Earnings Estimates From Barclays
06/26/16 03:20 PMStock Performance Focus on: Consolidated Edison, Inc. (NYSE:ED) - Press Telegraph
06/25/16 03:35 PMStock Tracing Lower on the Week Consolidated Edison, Inc. (NYSE:ED) - Engelwood Daily
06/25/16 07:37 AMMid-Morning Market Update: Markets Open Sharply Lower; Britain Will Leave EU
06/24/16 03:51 PMShares Touching a Recent High: Consolidated Edison, Inc. (NYSE:ED) - Press Telegraph
06/24/16 03:51 PMPrice Target Update on Consolidated Edison Inc (NYSE:ED) - Trade Calls
06/24/16 02:06 PMFriday Sector Leaders: Utilities, Services - Looking at the sectors faring best as of midday Friday, shares of Utilities companies are outperforming other sectors, higher by 0.7%. Within the sector, Consolidated Edison Inc (NYSE: ED) and CMS Energy Corp (NYSE: CMS) are two large stocks leading the way, showing a gain of 2.4% and 2.4%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (AMEX: XLU), which is up 0.9% on the day, and up 19.13% year-to-date. Consolidated Edison Inc, meanwhile, is up 24.55% year-to-date, and CMS Energy Corp is up 25.39% year-to-date. Combined, ED and CMS make up approximately 5.8% of the underlying holdings of XLU.
06/24/16 08:56 AMCramer's Stop Trading: After the Brexit -
06/22/16 08:56 PMShares of Consolidated Edison Inc (NYSE:ED) Sees Large Inflow of Net Money Flow - TheFounders Daily
06/22/16 08:56 PMTop Gainers of the Day: Consolidated Edison, Inc. (NYSE:ED) from Electric Utilities - Twin County News
06/22/16 08:26 AMThe Rudin Family’s New Firm Offers Tech to Run Buildings
06/21/16 03:33 PMStrong Buy Calls Count For Consolidated Edison Inc (NYSE:ED) At 0 - Investor Newswire
06/20/16 03:39 PMCon Ed Tests Using Drones To Inspect Steam System
06/20/16 03:39 PMED February 2017 Options Begin Trading
06/18/16 08:16 AMAnalyst Rating Trends to Observe: Southern Company (NYSE:SO) , Consolidated Edison Inc (NYSE:ED) - Street Updates
06/17/16 03:33 PMCONSOLIDATED EDISON INC : Other Events, Financial Statements and Exhibits (form 8-K)
06/17/16 02:04 PMGet Higher Returns and More Dividend Income a In Less Time With Less Risk -
06/17/16 09:21 AMCONSOLIDATED EDISON INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits -
06/17/16 08:20 AMSunPower Corp. - Con Edison 'Virtual Power Plant' Program Combines Solar and Storage to Improve Grid Resiliency
06/17/16 07:37 AMHere's the game plan for dealing with the Fed, Brexit and oil -
06/17/16 07:07 AMNew "Virtual Power Plant" Could Be the Future of Energy -
06/16/16 08:58 PMUtilities Shock Wall Streeters With Gains This Year - Benzinga
06/16/16 03:44 PMAnalyst Overview on These Stocks: Consolidated Edison, Inc. (NYSE:ED), Entergy Corporation (NYSE:ETR) - Beacon Chronicle
06/16/16 08:07 AMCon Ed rolls out $15M virtual power plant project for REV
06/15/16 03:50 PMWill You Buy or Sell These Stocks? - Consolidated Edison, Inc. (NYSE:ED), Compania de Minas Buenaventura S.A.A ... - Beacon Chronicle
06/15/16 08:32 AMConEd (ED) Hits 52-Week High on Investments in Renewables
06/15/16 08:32 AMCon Edison Bundles Rooftop Solar, Storage to Supply Grid Power
06/14/16 03:41 PMFitch Rates CECONY's $550MM Senior Unsecured Debentures 'A-'
06/14/16 08:35 AMWILLDAN GROUP, INC. : Change in Directors or Principal Officers, Submission of..
06/13/16 03:32 PMTrending Analyst Recommended Stock: Consolidated Edison, Inc. (NYSE:ED) - News Oracle
06/13/16 08:13 AMTrader's Recap: Consolidated Edison, Inc. (NYSE:ED), Tutor Perini Corporation (NYSE:TPC), WidePoint Corp ... - KC Register
06/13/16 07:19 AMCon Edison "Virtual Power Plant" Program Combines Solar and Storage to Improve Grid Resiliency - [at noodls] - NEW YORK, June 13, 2016/PRNewswire / -- Beginning this summer, Con Edison (NYSE: ED) and SunPower Corp. (Nasdaq: SPWR) will partner on a pilot program to offer solar power systems with battery storage ...
06/09/16 03:48 PMAnalyst Suggestions Overview: Eclipse Resources Corporation (NYSE:ECR), Consolidated Edison, Inc. (NYSE:ED) - Beacon Chronicle
06/09/16 11:06 AMRatings Watch: Consolidated Edison Inc (NYSE:ED) - Investor Newswire
06/08/16 02:43 PMThe Two Most Buy Stocks: Lam Research Corporation (NASDAQ:LRCX), Consolidated Edison, Inc. (NYSE:ED) - Beacon Chronicle
06/08/16 12:57 PMWilldan bags $40.6M contract for Consolidated Edison's multifamily energy efficiency program -
06/07/16 03:52 PMEarnings Analysis to see: Consolidated Edison, Inc. (NYSE:ED), Companhia de Saneamento Basico do Estado de Sao ... - Beacon Chronicle
06/06/16 09:09 PMAnalyst Overview: Consolidated Edison, Inc. (NYSE:ED) - News Oracle
06/06/16 09:09 PMConsolidated Edison and Crestwood Announce Closing of Northeast Pipeline and Storage Joint Venture - Marketwired (press release)
06/06/16 03:38 PMCrestwood Equity Partners LP: Consolidated Edison and Crestwood Announce Closing of Northeast Pipeline and ... - The Wall Street Transcript
06/06/16 03:38 PMBest Stocks to Buy: Gramercy Property Trust Inc. (NYSE:GPT), Consolidated Edison, Inc. (NYSE:ED) - Beacon Chronicle
About Consolidated Edison

Consolidated Edison logoConsolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. It owns competitive energy businesses. The Company also owns Con Edison Transmission, Inc. (Con Edison Transmission), which invests in electric and gas transmission projects through its subsidiaries, Consolidated Edison Transmission, LLC (CET Electric) and Con Edison Gas Midstream, LLC (CET Gas). CECONY is a provider of electricity, natural gas and steam to customers in New York City and Westchester County. O&R delivers electricity and natural gas to customers located in south-eastern New York, northern New Jersey and north eastern Pennsylvania. Con Edison provides energy-related products and services to wholesale and retail customers, and develops, owns and operates renewable and energy infrastructure projects.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Multi-Utilities
  • Exchange: NYSE
  • Symbol: ED
  • CUSIP: 20911510
Key Metrics:
  • Previous Close: $79.73
  • 50 Day Moving Average: $75.12
  • 200 Day Moving Average: $72.16
  • P/E Ratio: 20.62
  • P/E Growth: 10.19
  • Market Cap: $23.28B
  • Current Quarter EPS Consensus Estimate: $3.99 EPS
Additional Links:
Consolidated Edison (NYSE:ED) Chart for Wednesday, June, 29, 2016


            As Featured by CNBC As Featured by The Wall Street Journal As Featured by MarketWatch As Featured by The Boston Globe As Featured by StockTwits As Featured by Seeking Alpha