NYSE:ED - Consolidated Edison Stock Price, News, & Analysis

Consolidated Edison trades on the New York Stock Exchange (NYSE) under the ticker symbol "ED."

Consolidated Edison declared a quarterly dividend on Thursday, January 17th. Stockholders of record on Wednesday, February 13th will be given a dividend of $0.74 per share on Friday, March 15th. This represents a $2.96 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Tuesday, February 12th. This is a boost from Consolidated Edison's previous quarterly dividend of $0.72. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) posted its earnings results on Thursday, November, 1st. The utilities provider reported $1.57 EPS for the quarter, topping the Zacks' consensus estimate of $1.46 by $0.11. The utilities provider had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. Consolidated Edison had a return on equity of 8.64% and a net margin of 12.60%. During the same period in the previous year, the firm earned $1.47 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY18 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus estimate of $4.26.

10 equities research analysts have issued 1-year target prices for Consolidated Edison's stock. Their forecasts range from $32.00 to $84.00. On average, they expect Consolidated Edison's share price to reach $74.7778 in the next year. This suggests that the stock has a possible downside of 1.8%. View Analyst Price Targets for Consolidated Edison.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 4 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Media coverage about ED stock has trended very positive this week, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Consolidated Edison earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Consolidated Edison saw a drop in short interest in the month of December. As of December 14th, there was short interest totalling 13,089,859 shares, a drop of 35.8% from the November 30th total of 20,373,451 shares. Based on an average daily trading volume, of 2,639,101 shares, the short-interest ratio is currently 5.0 days. Approximately 4.2% of the company's shares are sold short. View Consolidated Edison's Current Options Chain.

Some companies that are related to Consolidated Edison include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), E.ON SE Sponsored ADR (Germany) (EONGY), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE), PG&E (PCG), NorthWestern (NWE) and Avista (AVA).

Consolidated Edison's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.20%), BTIM Corp. (0.18%), Gateway Investment Advisers LLC (0.11%), Welch Group LLC (0.10%), Hennessy Advisors Inc. (0.09%) and Nisa Investment Advisors LLC (0.07%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Institutional Ownership Trends for Consolidated Edison.

ED stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Hennessy Advisors Inc., Hexavest Inc., Oakbrook Investments LLC, First Hawaiian Bank, Louisiana State Employees Retirement System, Park National Corp OH and Marshwinds Advisory Co.. View Insider Buying and Selling for Consolidated Edison.

ED stock was acquired by a variety of institutional investors in the last quarter, including Weather Gauge Advisory LLC, Virtu Financial LLC, Fox Run Management L.L.C., State of Alaska Department of Revenue, BTIM Corp., Welch Group LLC, Nisa Investment Advisors LLC and Personal Capital Advisors Corp. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Insider Buying and Selling for Consolidated Edison.

Shares of ED can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of ED stock can currently be purchased for approximately $76.15.

Consolidated Edison has a market capitalization of $23.72 billion and generates $12.03 billion in revenue each year. The utilities provider earns $1.53 billion in net income (profit) each year or $4.09 on an earnings per share basis. Consolidated Edison employs 15,591 workers across the globe.

The official website for Consolidated Edison is http://www.conedison.com.

Consolidated Edison's mailing address is 4 IRVING PLACE, NEW YORK NY, 10003. The utilities provider can be reached via phone at 212-460-4600 or via email at [email protected]