About Consolidated Edison
Consolidated 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
- Previous Close: $75.91
- 50 Day Moving Average: $73.95
- 200 Day Moving Average: $73.81
- 52-Week Range: $305,059,000.00 - $68.44
- Trailing P/E Ratio: 18.59
- Foreward P/E Ratio: 17.94
- P/E Growth: 5.30
- Market Cap: $23.37B
- Outstanding Shares: 305,059,000
- Beta: 0.02
- Net Margins: 10.06%
- Return on Equity: 8.94%
- Return on Assets: 2.62%
Companies Related to Consolidated Edison:
- Debt-to-Equity Ratio: 0.96%
- Current Ratio: 0.88%
- Quick Ratio: 0.79%
What is Consolidated Edison's stock symbol?
Consolidated Edison trades on the New York Stock Exchange (NYSE) under the ticker symbol "ED."
How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison?
Consolidated Edison declared a quarterly dividend on Thursday, January 19th. Investors of record on Wednesday, February 15th will be paid a dividend of $0.69 per share on Wednesday, March 15th. This represents a $2.76 dividend on an annualized basis and a yield of 3.60%. The ex-dividend date is Monday, February 13th. This is an increase from Consolidated Edison's previous quarterly dividend of $0.67.
Where is Consolidated Edison's stock going? Where will Consolidated Edison's stock price be in 2017?
11 equities research analysts have issued 1-year target prices for Consolidated Edison's shares. Their predictions range from $68.00 to $81.50. On average, they anticipate Consolidated Edison's share price to reach $74.32 in the next twelve months.
When will Consolidated Edison announce their earnings?
Consolidated Edison is scheduled to release their next quarterly earnings announcement on Wednesday, May, 3rd 2017.
What are analysts saying about Consolidated Edison stock?
Here are some recent quotes from research analysts about Consolidated Edison stock:
- Jefferies Group LLC analysts commented, "Con Ed reported strong 4Q EPS of $0.69 and announced a settlement of $153M related to the Harlem gas explosion. While removing that overhang is a positive newly issued 2017 guidance of $3.95-$4.15 was low compared to Consensus of $4.14 and JefE of $4.20. The difference was higher 2017 equity needs and lower contribution from Clean Energy." (2/21/2017)
According to Zacks Investment Research, "Disruption in wholesale energy markets could affect Consolidated Edison’s ability to meet its customers’ energy needs and adversely affect its performance. Its operations are subject to federal, state and local regulations, any change in which could affect its financial performance. Moreover, fluctuating weather patterns and stringent utility regulations could be detrimental to the company’s growth. Consequently, the drop in Consolidated Edison's share price is wider than the broader industry price decline over the last six months. However, the company has a history of favorable rate decisions by regulatory authorities, which will likely encourage it to invest more in infrastructure improvements." (1/11/2017)
Who owns Consolidated Edison stock?
Consolidated Edison's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (6.53%), AQR Capital Management LLC (1.39%), Federated Investors Inc. PA (1.01%), Janus Capital Management LLC (0.74%), Franklin Resources Inc. (0.43%) and Guggenheim Capital LLC (0.22%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Giudice Michael J Del, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund and Timothy Cawley.
Who sold Consolidated Edison stock? Who is selling Consolidated Edison stock?
Consolidated Edison's stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Janus Capital Management LLC, Iberiabank Corp, Aberdeen Asset Management PLC UK, FMR LLC, Barings LLC, Cantab Capital Partners LLP and Raymond James Financial Services Advisors Inc..
Who bought Consolidated Edison stock? Who is buying Consolidated Edison stock?
Consolidated Edison's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, AQR Capital Management LLC, Asset Management One Co. Ltd., Russell Investments Group Ltd., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Renaissance Technologies LLC, Credit Agricole S A and Zurich Insurance Group Ltd FI. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Giudice Michael J Del, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund and Timothy Cawley.
How do I buy Consolidated Edison stock?
Shares of Consolidated Edison can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Consolidated Edison stock cost?
One share of Consolidated Edison stock can currently be purchased for approximately $76.61.