Lowest-Rated StocksLowest-RatedNYSE:ED Consolidated Edison (ED) Stock Price, News & Analysis $96.44 +0.52 (+0.54%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$95.96▼$97.0250-Day Range$88.42▼$96.5152-Week Range$80.46▼$98.55Volume1.44 million shsAverage Volume1.88 million shsMarket Capitalization$33.35 billionP/E Ratio18.51Dividend Yield3.44%Price Target$89.04 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Consolidated Edison alerts: Email Address Consolidated Edison MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside7.7% Downside$89.04 Price TargetShort InterestHealthy1.89% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.57Based on 23 Articles This WeekInsider TradingAcquiring Shares$10,002 Bought Last QuarterProj. Earnings Growth5.26%From $5.32 to $5.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.73 out of 5 starsUtilities Sector12th out of 90 stocksElectric & Other Services Combined Industry2nd out of 18 stocks 2.0 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 6 hold ratings, and 4 sell ratings.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.Read more about Consolidated Edison's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.89% 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 decreased by 14.06%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldConsolidated Edison pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConsolidated Edison has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 63.72%. 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 59.29% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend.Read more about Consolidated Edison's 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 3.1 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.57. 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 0.39 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 23 news articles for Consolidated Edison this week, compared to 10 articles on an average week.Search Interest14 people have searched for ED on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% 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 $10,002.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.17% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions66.29% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Consolidated Edison's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 5.26% in the coming year, from $5.32 to $5.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 18.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 18.51, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 93.49.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 2.44. 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 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Consolidated Edison's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Oxford ClubMan Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.Watch Alex's "Next Magnificent Seven" presentation now. 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 3.7 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. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company 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 HeadlinesJuly 24 at 10:12 AM | 247wallst.comGrab These 5 Overlooked Dividend Aristocrats Before Wall Street Catches OnJuly 24 at 8:02 AM | americanbankingnews.comEquities Analysts Issue Forecasts for Consolidated Edison, Inc.'s Q2 2024 Earnings (NYSE:ED)July 27, 2024 | The Oxford Club (Ad)Man Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.July 23, 2024 | sg.finance.yahoo.comConsolidated Edison, Inc. (0I35.L)July 23, 2024 | americanbankingnews.comConsolidated Edison (NYSE:ED) Lowered to Underweight at BarclaysJuly 22, 2024 | marketwatch.comConsolidated Edison Inc. stock rises Monday, still underperforms marketJuly 22, 2024 | markets.businessinsider.com7 Analysts Have This To Say About Consolidated EdisonJuly 22, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for Consolidated Edison, Inc. Lifted by Analyst (NYSE:ED)July 27, 2024 | The Oxford Club (Ad)Man Who Called Nvidia at $1.10 Says Buy This Now...In 2004, one man called Nvidia before just about anyone knew it existed. Now, this same guy says a new company could become the next to soar like Nvidia.July 21, 2024 | americanbankingnews.comConsolidated Edison (NYSE:ED) Price Target Raised to $96.00 at UBS GroupJuly 19, 2024 | msn.comEXCLUSIVE: Cleaning workers demand that Con Edison pull the plug on contract with low-paying contractorJuly 19, 2024 | finance.yahoo.comHere's Why Consolidated Edison (NYSE:ED) Is Weighed Down By Its Debt LoadJuly 19, 2024 | marketwatch.comConsolidated Edison Inc. stock underperforms Friday when compared to competitorsJuly 19, 2024 | americanbankingnews.comConsolidated Edison, Inc. (NYSE:ED) to Issue $0.83 Quarterly DividendJuly 18, 2024 | prnewswire.comCON EDISON DECLARES COMMON STOCK DIVIDENDJuly 18, 2024 | americanbankingnews.comConsolidated Edison, Inc. (NYSE:ED) Receives Consensus Rating of "Hold" from BrokeragesJuly 11, 2024 | prnewswire.comCon Edison to Report 2nd Quarter 2024 Earnings on August 1June 23, 2024 | insidermonkey.comWhat Makes Consolidated Edison, Inc. (ED) a Rock-solid Choice for Income Investors?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. Email Address Company Calendar Last Earnings5/02/2024Ex-Dividend for 6/14 Dividend5/14/2024Dividend Payable6/14/2024Today7/26/2024Next Earnings (Confirmed)8/01/2024Ex-Dividend for 9/16 Dividend8/14/2024Dividend Payable9/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric & other services combined Sub-IndustryMulti-Utilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees14,592Year Founded1823Price Target and Rating Average Stock Price Target$89.04 High Stock Price Target$97.00 Low Stock Price Target$73.00 Potential Upside/Downside-7.7%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$5.21 Trailing P/E Ratio18.51 Forward P/E Ratio18.13 P/E Growth2.44Net Income$2.52 billion Net Margins12.43% Pretax Margin15.36% Return on Equity8.79% Return on Assets2.85% Debt Debt-to-Equity Ratio1.01 Current Ratio0.99 Quick Ratio0.92 Sales & Book Value Annual Sales$14.66 billion Price / Sales2.27 Cash Flow$11.05 per share Price / Cash Flow8.73 Book Value$61.29 per share Price / Book1.57Miscellaneous Outstanding Shares345,830,000Free Float345,247,000Market Cap$33.35 billion OptionableOptionable Beta0.34 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Timothy P. Cawley (Age 59)Chairman, President & CEO Comp: $3.52MMr. Robert N. Hoglund (Age 62)Senior VP & CFO Comp: $1.96MMs. Deneen Lynette Donnley (Age 59)Senior VP & General Counsel Comp: $1.42MMr. Robert Sanchez (Age 58)President of Shared Services of Con Edison of New York Comp: $1.22MMr. Matthew Ketschke (Age 52)President of Consolidated Edison Company of New York, Inc. Comp: $1.38MMr. Joseph Miller (Age 61)VP, Controller & Chief Accounting Officer Mr. Jan C. ChildressDirector of Investor RelationsMr. Yukari Saegusa (Age 56)VP & Treasurer Sylvia V. DooleyVP & Corporate SecretaryStuart Nachmias (Age 59)President & CEO of Con Edison Transmission, Inc. More ExecutivesKey CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DPublic Service Enterprise GroupNYSE:PEGWEC Energy GroupNYSE:WECView All CompetitorsInsiders & InstitutionsPegasus Asset Management Inc.Bought 217 shares on 7/26/2024Ownership: 0.003%Checchi Capital Advisers LLCBought 141 shares on 7/26/2024Ownership: 0.002%Atomi Financial Group Inc.Bought 734 shares on 7/26/2024Ownership: 0.001%Harbour Investments Inc.Sold 708 shares on 7/26/2024Ownership: 0.001%TFG Advisers LLCSold 233 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Consolidated Edison Stock? ED Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Consolidated Edison, Inc.: Consolidated Edison, Inc. is a well-established company with a strong presence in the regulated electric, gas, and steam delivery businesses in the United States. The company provides electric services to approximately 3.7 million customers in New York City and Westchester County, ensuring a stable customer base. Recent financial data shows a positive trend in net income and annual revenue, indicating a healthy financial performance. Current stock price for Consolidated Edison, Inc. is favorable, making it an attractive investment option. Consolidated Edison, Inc. has a history of consistent dividend payments, providing investors with a reliable source of income. Cons Investors should be bearish about investing in Consolidated Edison, Inc. for these reasons: While the company has a stable customer base, the regulated nature of its business may limit growth opportunities compared to other industries. Consolidated Edison, Inc. operates in a highly regulated industry, which can lead to increased scrutiny and potential regulatory challenges. Price changes in the energy sector can impact the company's financial performance, making it susceptible to market fluctuations. Investors should carefully consider the potential impact of any changes in government policies or regulations on Consolidated Edison, Inc.'s operations. Competition in the energy sector may pose challenges for Consolidated Edison, Inc. in terms of market share and profitability. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 28, 2024. Please send any questions or comments about these Consolidated Edison pros and cons to contact@marketbeat.com. ED Stock Analysis - Frequently Asked Questions How have ED shares performed this year? Consolidated Edison's stock was trading at $90.97 at the beginning of 2024. Since then, ED shares have increased by 6.0% and is now trading at $96.44. View the best growth stocks for 2024 here. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) announced its earnings results on Thursday, May, 2nd. The utilities provider reported $2.15 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.26. The firm's revenue for the quarter was down 2.8% on a year-over-year basis. 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. Does Consolidated Edison have any subsidiaries? Consolidated Edison subsidiaries include Con Edison Clean Energy Businesses Inc., and Consolidated Edison Company of New York Inc.. Who are Consolidated Edison's major shareholders? Top institutional investors of Consolidated Edison include Bank of New York Mellon Corp (0.68%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), AMF Tjanstepension AB (0.14%) and Welch Group LLC (0.14%). Insiders that own company stock include Robert N Hoglund, Timothy Cawley, Robert Sanchez, Gurudatta D Nadkarni, Deneen L Donnley, Stuart Nachmias, Matthew Ketschke, Joseph Miller, La Bastide Lore De, Frances Resheske, Nancy Shannon, Jennifer Hensley, Christina Ho, John Mcavoy 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Consolidated Edison own? Based on aggregate information from My MarketBeat watchlists, some other companies that Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO) and Pfizer (PFE). This page (NYSE:ED) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredNext opportunity for crypto millionsThe Bitcoin halving is the #1 creator of "crypto millionaires". That's because historically, every halving has...Crypto 101 Media | Sponsoredtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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