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

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

Consolidated Edison announced a quarterly dividend on Thursday, January 16th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.765 per share on Monday, March 16th. This represents a $3.06 dividend on an annualized basis and a yield of 3.39%. This is an increase from Consolidated Edison's previous quarterly dividend of $0.74. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) issued its quarterly earnings results on Monday, November, 4th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by $0.04. The utilities provider had revenue of $3.37 billion for the quarter, compared to analysts' expectations of $3.50 billion. Consolidated Edison had a net margin of 10.98% and a return on equity of 7.92%. During the same period in the prior year, the firm earned $1.57 earnings per share. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY19 earnings guidance on Monday, November, 4th. The company provided earnings per share guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.36.

11 Wall Street analysts have issued twelve-month target prices for Consolidated Edison's shares. Their forecasts range from $78.07 to $98.00. On average, they anticipate Consolidated Edison's stock price to reach $90.71 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for Consolidated Edison.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Media coverage about ED stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Consolidated Edison earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Consolidated Edison.

Some companies that are related to Consolidated Edison include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).

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), Exxon Mobil (XOM), AbbVie (ABBV), Procter & Gamble (PG), Cisco Systems (CSCO), Walmart (WMT), Altria Group (MO) and Pfizer (PFE).

Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (0.19%), Gateway Investment Advisers LLC (0.09%), Hennessy Advisors Inc. (0.08%), Nisa Investment Advisors LLC (0.06%), State of Alaska Department of Revenue (0.05%) and Calamos Advisors LLC (0.03%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, 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 Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Rockland Trust Co., Hennessy Advisors Inc., Nisa Investment Advisors LLC and IFP Advisors Inc. View Insider Buying and Selling for Consolidated Edison.

ED stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, DNB Asset Management AS, Sciencast Management LP, Surevest Inc., F3Logic LLC, Boston Trust Walden Corp, AE Wealth Management LLC and TIAA FSB. Company insiders that have bought Consolidated Edison stock in the last two years include Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, 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, Robinhood, Fidelity and Charles Schwab.

One share of ED stock can currently be purchased for approximately $90.24.

Consolidated Edison has a market capitalization of $30.00 billion and generates $12.34 billion in revenue each year. The utilities provider earns $1.38 billion in net income (profit) each year or $4.32 on an earnings per share basis. Consolidated Edison employs 15,296 workers across the globe.View Additional Information About Consolidated Edison.

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]