What is Zacks Research's Estimate for ED Q3 Earnings?

Key Points

• Zacks Research has downgraded its Q3 2025 earnings per share estimate for Consolidated Edison from $1.87 to $1.84, while the full-year estimate stands at $5.62 per share.
• Several firms have provided varying ratings and price targets for Consolidated Edison, with KeyCorp maintaining an "overweight" rating and Citigroup raising their target from $116.00 to $120.00.
• Consolidated Edison recently announced a quarterly dividend of $0.85, with a dividend yield of 3.31%, payable on September 15th to shareholders on record by August 13th.

Consolidated Edison Inc (NYSE:ED - Free Report) - Analysts at Zacks Research dropped their Q3 2025 earnings per share (EPS) estimates for Consolidated Edison in a research note issued to investors on Tuesday, July 29th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $1.84 per share for the quarter, down from their previous forecast of $1.87. 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 FY2026 earnings at $6.01 EPS.

ED has been the subject of several other research reports. Guggenheim upped their price target on Consolidated Edison from $96.00 to $103.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Wells Fargo & Company upped their price target on Consolidated Edison from $103.00 to $114.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Barclays upped their price target on Consolidated Edison from $100.00 to $101.00 and gave the stock an "underweight" rating in a report on Monday, May 5th. Mizuho upgraded Consolidated Edison from a "neutral" rating to an "outperform" rating and upped their price target for the stock from $105.00 to $107.00 in a report on Monday, June 30th. Finally, Morgan Stanley decreased their price target on Consolidated Edison from $93.00 to $92.00 and set an "underweight" rating for the company in a report on Wednesday, June 18th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $105.09.

Consolidated Edison Stock Up 0.9%

Consolidated Edison stock traded up $0.91 during trading on Thursday, hitting $104.41. 2,272,574 shares of the company were exchanged, compared to its average volume of 1,936,933. The business's 50 day moving average is $101.55 and its 200 day moving average is $102.68. Consolidated Edison has a 52 week low of $87.28 and a 52 week high of $114.87. The company has a market capitalization of $37.62 billion, a P/E ratio of 19.30, a PEG ratio of 3.30 and a beta of 0.24. The company has a current ratio of 1.28, a quick ratio of 1.19 and a debt-to-equity ratio of 1.04.

Consolidated Edison (NYSE:ED - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The utilities provider reported $2.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.05). Consolidated Edison had a return on equity of 8.61% and a net margin of 11.98%. The company had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same quarter last year, the company posted $2.15 EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Alpine Bank Wealth Management purchased a new stake in Consolidated Edison during the 1st quarter worth about $32,000. Capital Advisors Ltd. LLC lifted its holdings in Consolidated Edison by 53.2% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 314 shares of the utilities provider's stock worth $32,000 after purchasing an additional 109 shares in the last quarter. Fort Vancouver Investment Management LLC purchased a new stake in Consolidated Edison during the 1st quarter worth about $33,000. Financial Network Wealth Advisors LLC purchased a new stake in Consolidated Edison during the 1st quarter worth about $33,000. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in Consolidated Edison by 64.9% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 305 shares of the utilities provider's stock worth $34,000 after purchasing an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 66.29% of the company's stock.

Consolidated Edison Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Wednesday, August 13th will be given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, August 13th. Consolidated Edison's dividend payout ratio is currently 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.