Consolidated Edison (ED) to Release Quarterly Earnings on Thursday

Key Points

• Q1 2026 earnings are due after the market close on Thursday, May 7, with analysts forecasting $2.29 EPS and $5.3376 billion in revenue and the company guiding FY2026 EPS of 6.00–6.20.
• Dividend announced: a quarterly payout of $0.8875 (ex-dividend May 13, payable June 15), representing a $3.55 annualized dividend and about a 3.3% yield with a 62.83% payout ratio.
• Market and analyst view: ED trades at a ~19.3 P/E with a $40.1B market cap, the consensus rating is "Reduce" (average price target $108.50), despite a recent quarter where the company beat estimates (EPS $0.89 vs. $0.86; revenue $4.0B vs. $3.71B).

Consolidated Edison (NYSE:ED - Get Free Report) will likely be issuing its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $2.29 per share and revenue of $5.3376 billion for the quarter. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:00 PM ET.

Consolidated Edison (NYSE:ED - Get Free Report) last announced its earnings results on Thursday, February 19th. The utilities provider reported $0.89 EPS for the quarter, beating the consensus estimate of $0.86 by $0.03. Consolidated Edison had a return on equity of 8.50% and a net margin of 11.95%.The business had revenue of $4 billion for the quarter, compared to analysts' expectations of $3.71 billion. During the same period in the prior year, the business posted $0.98 earnings per share. The firm's revenue was up 8.9% on a year-over-year basis. On average, analysts expect Consolidated Edison to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Consolidated Edison Stock Performance

Shares of ED stock opened at $108.85 on Thursday. The business's 50 day simple moving average is $111.77 and its 200 day simple moving average is $105.01. Consolidated Edison has a one year low of $94.96 and a one year high of $116.23. The stock has a market capitalization of $40.10 billion, a PE ratio of 19.26, a PEG ratio of 2.77 and a beta of 0.34. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.02 and a quick ratio of 0.94.

Consolidated Edison Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Wednesday, May 13th will be paid a $0.8875 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $3.55 annualized dividend and a yield of 3.3%. Consolidated Edison's payout ratio is 62.83%.

Insider Buying and Selling at Consolidated Edison

In other news, SVP Deneen L. Donnley sold 1,922 shares of the company's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $113.94, for a total transaction of $218,992.68. Following the transaction, the senior vice president directly owned 32,453 shares of the company's stock, valued at $3,697,694.82. This represents a 5.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.15% of the stock is owned by insiders.

Hedge Funds Weigh In On Consolidated Edison

A number of institutional investors have recently modified their holdings of the company. State Street Corp raised its position in shares of Consolidated Edison by 3.6% during the fourth quarter. State Street Corp now owns 24,905,440 shares of the utilities provider's stock worth $2,473,608,000 after purchasing an additional 854,868 shares during the period. Lazard Asset Management LLC raised its position in shares of Consolidated Edison by 3.4% during the fourth quarter. Lazard Asset Management LLC now owns 6,165,594 shares of the utilities provider's stock worth $612,367,000 after purchasing an additional 205,041 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Consolidated Edison by 11.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,200,840 shares of the utilities provider's stock worth $516,549,000 after purchasing an additional 514,178 shares during the period. Northern Trust Corp raised its position in shares of Consolidated Edison by 1.4% during the third quarter. Northern Trust Corp now owns 4,128,793 shares of the utilities provider's stock worth $415,026,000 after purchasing an additional 57,365 shares during the period. Finally, Invesco Ltd. raised its position in shares of Consolidated Edison by 3.6% during the fourth quarter. Invesco Ltd. now owns 3,713,279 shares of the utilities provider's stock worth $368,803,000 after purchasing an additional 129,856 shares during the period. 66.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ED. Citigroup reissued a "buy" rating on shares of Consolidated Edison in a research note on Monday, February 23rd. JPMorgan Chase & Co. boosted their price target on Consolidated Edison from $107.00 to $113.00 and gave the company an "underweight" rating in a research note on Thursday, March 12th. Scotiabank boosted their price target on Consolidated Edison from $113.00 to $117.00 and gave the company a "sector perform" rating in a research note on Friday, February 20th. Mizuho set a $118.00 price target on Consolidated Edison in a research note on Monday, February 23rd. Finally, Bank of America reissued an "underperform" rating and issued a $104.00 price target on shares of Consolidated Edison in a research note on Wednesday, February 25th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Reduce" and an average price target of $108.50.

Consolidated Edison Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.