Lowest-Rated StocksLowest-Rated Consolidated Edison Stock Price, News & Analysis (NYSE:ED) $91.10 -0.89 (-0.97%) (As of 02:09 PM ET) Add Compare Share Share Today's Range$90.94▼$92.2650-Day Range$81.61▼$91.9652-Week Range$80.46▼$100.92Volume475,300 shsAverage Volume1.91 million shsMarket Capitalization$31.45 billionP/E Ratio13.50Dividend Yield3.56%Price Target$88.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Consolidated Edison MarketRank™ Stock AnalysisAnalyst RatingReduce1.83 Rating ScoreUpside/Downside3.5% Downside$88.08 Price TargetShort InterestHealthy2.00% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.74Based on 21 Articles This WeekInsider TradingAcquiring Shares$26,098 Bought Last QuarterProj. Earnings Growth5.39%From $5.01 to $5.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsUtilities Sector16th out of 86 stocksElectric & Other Services Combined Industry1st out of 14 stocks 1.9 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on 2 buy ratings, 6 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.08, Consolidated Edison has a forecasted downside of 3.5% from its current price of $91.31.Amount of Analyst CoverageConsolidated Edison has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.00% of the outstanding shares of Consolidated Edison have been sold short.Short Interest Ratio / Days to CoverConsolidated Edison has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently increased by 20.17%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipConsolidated Edison is a leading dividend payer. It pays a dividend yield of 3.53%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthConsolidated Edison has been increasing its dividend for 50 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 48.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Consolidated Edison will have a dividend payout ratio of 61.36% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConsolidated Edison has received a 4.51% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with fossil fuels", "Electricity distribution services of electricity produced with nuclear fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for Consolidated Edison is -3.18. Previous Next 3.7 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Consolidated Edison this week, compared to 9 articles on an average week.Search Interest26 people have searched for ED on MarketBeat in the last 30 days. This is an increase of 767% compared to the previous 30 days.MarketBeat Follows5 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,098.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.13% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions64.53% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 5.39% in the coming year, from $5.01 to $5.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 13.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 13.53, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 102.65.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 9.15. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConsolidated Edison has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Consolidated Edison Stock (NYSE:ED)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 3.6 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. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, it operates 543 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 87,951 in-service line transformers; 3,869 pole miles of overhead distribution lines; and 2,320 miles of underground distribution lines, as well as 4,359 miles of mains and 377,741 service lines for natural gas distribution. Further, the company owns, develops, and operates renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.Read More ED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ED Stock News HeadlinesDecember 2, 2023 | americanbankingnews.comConsolidated Edison, Inc. Expected to Post FY2026 Earnings of $5.87 Per Share (NYSE:ED)December 1, 2023 | msn.comOver 1M NY Con Ed customers nearly lost heat for months in storm last Christmas — and worse may be yet to come: reportDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 1, 2023 | msn.comCon Edison Athlete of the Week: Somers football's Ryan ColeDecember 1, 2023 | americanbankingnews.comFY2023 EPS Estimates for Consolidated Edison, Inc. Raised by KeyCorp (NYSE:ED)November 30, 2023 | finance.yahoo.comCon Edison Executives to Attend Investor Conferences During the Week of December 4 to 8, 2023November 30, 2023 | americanbankingnews.comJPMorgan Chase & Co. Increases Consolidated Edison (NYSE:ED) Price Target to $87.00November 29, 2023 | msn.comWhere's the Tylenol? Meet the Griswolds at Christmas Con in EdisonDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 28, 2023 | msn.comManhattan School Of Music Teams Up With Energy Giant To Save $140KNovember 28, 2023 | finance.yahoo.comDoes Consolidated Edison (NYSE:ED) Deserve A Spot On Your Watchlist?November 26, 2023 | finance.yahoo.com5 Most Undervalued Utility Stocks to Buy According to Hedge FundsNovember 21, 2023 | marketwatch.comCon Edison Proposes Equipment Upgrades Through NYC, Westchester CountyNovember 20, 2023 | seekingalpha.comConsolidated Edison: Dividend Certainty Comes At A Premium, Wait For A Lower Entry PointNovember 19, 2023 | finance.yahoo.comReturns At Consolidated Edison (NYSE:ED) Appear To Be Weighed DownNovember 17, 2023 | msn.comCon Edison Athlete of the Week: Rye Country Day School football's Cole DensonNovember 16, 2023 | msn.comWatch out for these scams: Con Edison details tactics being used to rip customers offNovember 16, 2023 | finance.yahoo.comNew York utilities watchdog approves NY Transco's power line projectsNovember 14, 2023 | money.usnews.comConsolidated Edison, Inc.November 14, 2023 | finance.yahoo.comConsolidated Edison Inc's Dividend AnalysisNovember 10, 2023 | msn.comCon Edison Athlete of the Week: Byram Hills boys soccer's Connor BoekelNovember 9, 2023 | finance.yahoo.comCon Edison to Attend EEI Financial Conference Nov. 12-14, 2023November 8, 2023 | finance.yahoo.comAgilitas Energy Constructs Largest Non-Wires Solution Energy Storage System in Con Edison’s New York City and Westchester County Service AreaNovember 7, 2023 | finance.yahoo.comInstitutional investors must be pleased after a 3.5% gain last week that adds to Consolidated Edison, Inc.'s (NYSE:ED) one-year returnsNovember 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Consolidated Edison (ED) and Telus (TU)November 5, 2023 | finance.yahoo.com3 Reliable Utility Stocks for Steady IncomeNovember 3, 2023 | markets.businessinsider.comConsolidated Edison Inc. Q3 Profit Decreases, misses estimatesSee More Headlines Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/15/2023Dividend Payable9/15/2023Last Earnings11/02/2023Ex-Dividend for 12/15 Dividend11/14/2023Today12/05/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/15/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees14,319Year Founded1823Price Target and Rating Average Stock Price Target$88.08 High Stock Price Target$103.00 Low Stock Price Target$73.00 Potential Upside/Downside-3.5%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$6.75 Trailing P/E Ratio13.53 Forward P/E Ratio18.23 P/E Growth9.15Net Income$1.66 billion Net Margins15.57% Pretax Margin19.27% Return on Equity8.16% Return on Assets2.62% Debt Debt-to-Equity Ratio0.98 Current Ratio0.98 Quick Ratio0.91 Sales & Book Value Annual Sales$15.67 billion Price / Sales2.01 Cash Flow$10.32 per share Price / Cash Flow8.85 Book Value$58.87 per share Price / Book1.55Miscellaneous Outstanding Shares345,220,000Free Float344,771,000Market Cap$31.52 billion OptionableOptionable Beta0.38 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Timothy P. Cawley (Age 58)Chairman, President & CEO Comp: $3.52MMr. Robert N. Hoglund (Age 61)Senior VP & CFO Comp: $1.96MMs. Deneen Lynette Donnley (Age 58)Senior VP & General Counsel Comp: $1.42MMr. Robert Sanchez (Age 57)President & CEO of Orange and Rockland Utilities, Inc. Comp: $1.22MMr. Matthew Ketschke (Age 51)President of Consolidated Edison Company of New York, Inc. Comp: $1.38MMr. Joseph Miller (Age 60)VP, Controller & Chief Accounting Officer Mr. Jan C. ChildressDirector of Investor RelationsMr. Yukari Saegusa (Age 55)VP & Treasurer Sylvia V. DooleyVP & Corporate SecretaryStuart Nachmias (Age 58)President & CEO of Con Edison Transmission, Inc. More ExecutivesKey CompetitorsPublic Service Enterprise GroupNYSE:PEGWEC Energy GroupNYSE:WECAmerenNYSE:AEEPG&ENYSE:PCGCMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 126,481 shares on 12/1/2023Ownership: 0.098%B. Riley Wealth Advisors Inc.Sold 37,717 shares on 12/1/2023Ownership: 0.009%Fortis Group Advisors LLCSold 51,017 shares on 12/1/2023Ownership: 0.001%American Century Companies Inc.Sold 70,685 shares on 11/30/2023Ownership: 0.098%Modera Wealth Management LLCSold 1,290 shares on 11/30/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions ED Stock Analysis - Frequently Asked Questions Should I buy or sell Consolidated Edison stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last twelve months. There are currently 4 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" ED shares. View ED analyst ratings or view top-rated stocks. What is Consolidated Edison's stock price target for 2024? 12 brokers have issued 12 month target prices for Consolidated Edison's shares. Their ED share price targets range from $73.00 to $103.00. On average, they expect the company's stock price to reach $88.08 in the next year. This suggests that the stock has a possible downside of 3.5%. View analysts price targets for ED or view top-rated stocks among Wall Street analysts. How have ED shares performed in 2023? Consolidated Edison's stock was trading at $95.31 at the beginning of 2023. Since then, ED stock has decreased by 4.2% and is now trading at $91.31. View the best growth stocks for 2023 here. Are investors shorting Consolidated Edison? Consolidated Edison saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 6,910,000 shares, an increase of 20.2% from the October 31st total of 5,750,000 shares. Based on an average daily volume of 2,100,000 shares, the short-interest ratio is currently 3.3 days. View Consolidated Edison's Short Interest. When is Consolidated Edison's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024. View our ED earnings forecast. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings data on Thursday, November, 2nd. The utilities provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.04. The utilities provider earned $3.87 billion during the quarter, compared to the consensus estimate of $3.82 billion. Consolidated Edison had a net margin of 15.57% and a trailing twelve-month return on equity of 8.16%. How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison? Consolidated Edison declared a quarterly dividend on Thursday, October 19th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.81 per share on Friday, December 15th. This represents a $3.24 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date is Tuesday, November 14th. Read our dividend analysis for ED. Is Consolidated Edison a good dividend stock? Consolidated Edison (NYSE:ED) pays an annual dividend of $3.24 per share and currently has a dividend yield of 3.53%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ED will have a dividend payout ratio of 61.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ED. What ETFs hold Consolidated Edison's stock? ETFs with the largest weight of Consolidated Edison (NYSE:ED) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), iShares Global Clean Energy ETF (ICLN), First Trust Utilities AlphaDEX Fund (FXU), Subversive Decarbonization ETF (DKRB), Utilities Select Sector SPDR Fund (XLU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), Invesco S&P 500 Equal Weight Utilities ETF (RSPU) and Virtus Duff & Phelps Clean Energy ETF (VCLN). What guidance has Consolidated Edison issued on next quarter's earnings? Consolidated Edison updated its FY23 earnings guidance on Thursday, November, 2nd. The company provided earnings per share (EPS) guidance of $5.00-5.10 for the period, compared to the consensus earnings per share estimate of $4.90. What is John McAvoy's approval rating as Consolidated Edison's CEO? 211 employees have rated Consolidated Edison Chief Executive Officer John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among the company's employees. This puts John McAvoy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Consolidated Edison own? Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Altria Group (MO) and Procter & Gamble (PG). Who are Consolidated Edison's major shareholders? Consolidated Edison's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Legal & General Group Plc (1.80%), Northern Trust Corp (1.30%), Morgan Stanley (1.22%), Invesco Ltd. (0.86%), Bank of New York Mellon Corp (0.77%) and California Public Employees Retirement System (0.63%). Insiders that own company stock include Deneen L Donnley, Frances Resheske, Gurudatta D Nadkarni, Gurudatta D Nadkarni, John Mcavoy, Joseph Miller, La Bastide Lore De, Matthew Ketschke, Nancy Shannon, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Stuart Nachmias, Timothy Cawley and Yukari Saegusa. View institutional ownership trends. How do I buy shares of Consolidated Edison? Shares of ED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. Does Consolidated Edison have any subsidiaries? The following companies are subsidiares of Consolidated Edison: Con Edison Clean Energy Businesses Inc., and Consolidated Edison Company of New York Inc..Read More This page (NYSE:ED) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Consolidated Edison, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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