Zacks Research Issues Optimistic Estimate for ED Earnings

Consolidated Edison Inc (NYSE:ED - Free Report) - Equities researchers at Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for shares of Consolidated Edison in a note issued to investors on Wednesday, June 25th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $1.87 per share for the quarter, up from their previous estimate of $1.77. 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 FY2025 earnings at $5.61 EPS, Q4 2026 earnings at $1.40 EPS, FY2026 earnings at $6.00 EPS and FY2027 earnings at $6.33 EPS.

Other equities research analysts have also issued research reports about the company. Morgan Stanley reduced their price target on Consolidated Edison from $93.00 to $92.00 and set an "underweight" rating on the stock in a research report on Wednesday, June 18th. Guggenheim increased their price target on Consolidated Edison from $96.00 to $103.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. KeyCorp lowered Consolidated Edison from a "sector weight" rating to an "underweight" rating and set a $90.00 price target on the stock. in a research report on Wednesday, May 14th. Barclays raised their target price on Consolidated Edison from $100.00 to $101.00 and gave the stock an "underweight" rating in a research report on Monday, May 5th. Finally, UBS Group raised their target price on Consolidated Edison from $110.00 to $113.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $104.18.

Consolidated Edison Price Performance

ED stock opened at $98.13 on Monday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.28 and a quick ratio of 1.19. The firm has a market capitalization of $35.36 billion, a P/E ratio of 18.14, a P/E/G ratio of 3.13 and a beta of 0.27. The business's 50-day moving average is $104.85 and its two-hundred day moving average is $100.79. Consolidated Edison has a 1 year low of $87.28 and a 1 year high of $114.87.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Consolidated Edison by 1.6% in the first quarter. Vanguard Group Inc. now owns 43,117,094 shares of the utilities provider's stock valued at $4,768,319,000 after purchasing an additional 661,432 shares during the period. Geode Capital Management LLC increased its holdings in shares of Consolidated Edison by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 8,984,022 shares of the utilities provider's stock valued at $799,684,000 after purchasing an additional 130,234 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Consolidated Edison by 1.0% in the first 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 purchasing an additional 48,323 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Consolidated Edison by 6.0% in the fourth 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 purchasing an additional 271,088 shares during the period. Finally, Norges Bank acquired a new position in shares of Consolidated Edison in the fourth quarter valued at approximately $399,824,000. 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 was paid on Monday, June 16th. Investors of record on Wednesday, May 14th were paid a dividend of $0.85 per share. The ex-dividend date was Wednesday, May 14th. This represents a $3.40 dividend on an annualized basis and a yield of 3.46%. Consolidated Edison's dividend payout ratio is presently 62.85%.

Consolidated Edison Company Profile

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.

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