Zacks Research Issues Positive Outlook for ED Earnings

Consolidated Edison Inc (NYSE:ED - Free Report) - Analysts at Zacks Research increased their Q2 2025 EPS estimates for Consolidated Edison in a research note issued to investors on Wednesday, June 25th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $0.57 per share for the quarter, up from their previous forecast of $0.56. 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 Q4 2025 earnings at $0.91 EPS, Q1 2026 earnings at $2.18 EPS and Q3 2026 earnings at $1.47 EPS.

A number of other equities analysts have also commented on the stock. Wells Fargo & Company lifted their price target on shares of Consolidated Edison from $103.00 to $114.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. Barclays raised their target price on shares of Consolidated Edison from $100.00 to $101.00 and gave the company an "underweight" rating in a research note on Monday, May 5th. UBS Group boosted their target price on shares of Consolidated Edison from $110.00 to $113.00 and gave the stock a "neutral" rating in a research report on Friday, March 21st. KeyCorp downgraded 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. Finally, Guggenheim lifted their price objective on Consolidated Edison from $96.00 to $103.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Consolidated Edison presently has a consensus rating of "Hold" and an average target price of $104.18.

Consolidated Edison Stock Up 0.4%

ED opened at $98.49 on Friday. The firm has a market cap of $35.48 billion, a P/E ratio of 18.20, a price-to-earnings-growth ratio of 3.13 and a beta of 0.27. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.19 and a current ratio of 1.28. The business has a 50 day moving average price of $105.13 and a 200 day moving average price of $100.65. Consolidated Edison has a twelve month low of $87.28 and a twelve month high of $114.87.

Consolidated Edison (NYSE:ED - Get Free Report) last released its quarterly earnings data 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). The business 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 previous year, the firm posted $2.15 EPS.

Hedge Funds Weigh In On Consolidated Edison

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jacobi Capital Management LLC grew its holdings in shares of Consolidated Edison by 4.2% during the 4th quarter. Jacobi Capital Management LLC now owns 2,569 shares of the utilities provider's stock worth $229,000 after purchasing an additional 104 shares in the last quarter. Glen Eagle Advisors LLC lifted its position in Consolidated Edison by 6.2% in the fourth quarter. Glen Eagle Advisors LLC now owns 1,902 shares of the utilities provider's stock worth $170,000 after purchasing an additional 111 shares during the period. Richwood Investment Advisors LLC lifted its position in Consolidated Edison by 2.3% in the fourth quarter. Richwood Investment Advisors LLC now owns 5,194 shares of the utilities provider's stock worth $463,000 after purchasing an additional 115 shares during the period. Western Wealth Management LLC boosted its stake in Consolidated Edison by 0.7% during the first quarter. Western Wealth Management LLC now owns 16,101 shares of the utilities provider's stock worth $1,781,000 after buying an additional 116 shares in the last quarter. Finally, Eastern Bank increased its holdings in Consolidated Edison by 2.9% in the 1st quarter. Eastern Bank now owns 4,294 shares of the utilities provider's stock valued at $475,000 after buying an additional 120 shares during the period. 66.29% of the stock is currently owned by institutional investors.

Consolidated Edison Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Wednesday, May 14th were given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Wednesday, May 14th. Consolidated Edison's dividend payout ratio (DPR) is presently 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.

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