S&P 500   4,568.75 (-0.02%)
DOW   36,126.50 (-0.22%)
QQQ   386.23 (-0.02%)
AAPL   192.98 (+1.87%)
MSFT   371.17 (+0.55%)
META   317.29 (-0.85%)
GOOGL   130.50 (+0.95%)
AMZN   146.88 (+1.41%)
TSLA   238.22 (+1.12%)
NVDA   462.40 (+1.60%)
NIO   7.51 (+2.60%)
BABA   72.43 (-0.82%)
AMD   118.16 (-0.35%)
T   17.23 (+3.42%)
F   10.61 (-0.84%)
MU   73.62 (-0.90%)
CGC   0.66 (-13.16%)
GE   120.59 (-0.77%)
DIS   90.48 (-1.66%)
AMC   7.00 (-6.54%)
PFE   29.19 (-0.31%)
PYPL   57.55 (-3.84%)
XOM   101.07 (-1.33%)
S&P 500   4,568.75 (-0.02%)
DOW   36,126.50 (-0.22%)
QQQ   386.23 (-0.02%)
AAPL   192.98 (+1.87%)
MSFT   371.17 (+0.55%)
META   317.29 (-0.85%)
GOOGL   130.50 (+0.95%)
AMZN   146.88 (+1.41%)
TSLA   238.22 (+1.12%)
NVDA   462.40 (+1.60%)
NIO   7.51 (+2.60%)
BABA   72.43 (-0.82%)
AMD   118.16 (-0.35%)
T   17.23 (+3.42%)
F   10.61 (-0.84%)
MU   73.62 (-0.90%)
CGC   0.66 (-13.16%)
GE   120.59 (-0.77%)
DIS   90.48 (-1.66%)
AMC   7.00 (-6.54%)
PFE   29.19 (-0.31%)
PYPL   57.55 (-3.84%)
XOM   101.07 (-1.33%)
S&P 500   4,568.75 (-0.02%)
DOW   36,126.50 (-0.22%)
QQQ   386.23 (-0.02%)
AAPL   192.98 (+1.87%)
MSFT   371.17 (+0.55%)
META   317.29 (-0.85%)
GOOGL   130.50 (+0.95%)
AMZN   146.88 (+1.41%)
TSLA   238.22 (+1.12%)
NVDA   462.40 (+1.60%)
NIO   7.51 (+2.60%)
BABA   72.43 (-0.82%)
AMD   118.16 (-0.35%)
T   17.23 (+3.42%)
F   10.61 (-0.84%)
MU   73.62 (-0.90%)
CGC   0.66 (-13.16%)
GE   120.59 (-0.77%)
DIS   90.48 (-1.66%)
AMC   7.00 (-6.54%)
PFE   29.19 (-0.31%)
PYPL   57.55 (-3.84%)
XOM   101.07 (-1.33%)
S&P 500   4,568.75 (-0.02%)
DOW   36,126.50 (-0.22%)
QQQ   386.23 (-0.02%)
AAPL   192.98 (+1.87%)
MSFT   371.17 (+0.55%)
META   317.29 (-0.85%)
GOOGL   130.50 (+0.95%)
AMZN   146.88 (+1.41%)
TSLA   238.22 (+1.12%)
NVDA   462.40 (+1.60%)
NIO   7.51 (+2.60%)
BABA   72.43 (-0.82%)
AMD   118.16 (-0.35%)
T   17.23 (+3.42%)
F   10.61 (-0.84%)
MU   73.62 (-0.90%)
CGC   0.66 (-13.16%)
GE   120.59 (-0.77%)
DIS   90.48 (-1.66%)
AMC   7.00 (-6.54%)
PFE   29.19 (-0.31%)
PYPL   57.55 (-3.84%)
XOM   101.07 (-1.33%)

Consolidated Edison Stock Price, News & Analysis (NYSE:ED)

$91.10
-0.89 (-0.97%)
(As of 02:09 PM ET)
Compare
Today's Range
$90.94
$92.26
50-Day Range
$81.61
$91.96
52-Week Range
$80.46
$100.92
Volume
475,300 shs
Average Volume
1.91 million shs
Market Capitalization
$31.45 billion
P/E Ratio
13.50
Dividend Yield
3.56%
Price Target
$88.08

Consolidated Edison MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
3.5% Downside
$88.08 Price Target
Short Interest
Healthy
2.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.18
Upright™ Environmental Score
News Sentiment
0.74mentions of Consolidated Edison in the last 14 days
Based on 21 Articles This Week
Insider Trading
Acquiring Shares
$26,098 Bought Last Quarter
Proj. Earnings Growth
5.39%
From $5.01 to $5.28 Per Share

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 stars

Utilities Sector

16th out of 86 stocks

Electric & Other Services Combined Industry

1st out of 14 stocks


ED stock logo

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.

ED Stock Price History

ED Stock News Headlines

All the trading advice you’ve ever received boils down to this
All 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.
All the trading advice you’ve ever received boils down to this
All 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.
Consolidated Edison, Inc.
Consolidated Edison Inc's Dividend Analysis
3 Reliable Utility Stocks for Steady Income
Consolidated Edison Inc. Q3 Profit Decreases, misses estimates
See 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.

Company Calendar

Ex-Dividend for 9/15 Dividend
8/15/2023
Dividend Payable
9/15/2023
Last Earnings
11/02/2023
Ex-Dividend for 12/15 Dividend
11/14/2023
Today
12/05/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
20911510
Employees
14,319
Year Founded
1823

Price 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 Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
12 Analysts

Profitability

Net Income
$1.66 billion
Pretax Margin
19.27%

Debt

Sales & Book Value

Annual Sales
$15.67 billion
Cash Flow
$10.32 per share
Book Value
$58.87 per share

Miscellaneous

Free Float
344,771,000
Market Cap
$31.52 billion
Optionable
Optionable
Beta
0.38

Social Links

10 Best Cheap Stocks to Buy Now Cover

MarketBeat 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














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 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

My Account -