Consolidated Edison Company Profile (NYSE:ED)

About Consolidated Edison (NYSE:ED)

Consolidated Edison logoConsolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission). CECONY's principal business operations are its regulated electric, gas and steam delivery businesses. CECONY provides electricity, natural gas and steam to customers in New York City and Westchester County. O&R's principal business operations are its regulated electric and gas delivery businesses. The Clean Energy Businesses develop, own and operate renewable and energy infrastructure projects and provide energy-related products and services to wholesale and retail customers. Con Edison Transmission, through its subsidiaries, invests in electric transmission facilities and gas pipeline and storage facilities.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Electric Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:ED
  • CUSIP: 20911510
  • Web:
  • Market Cap: $25.94 billion
  • Outstanding Shares: 305,674,000
Average Prices:
  • 50 Day Moving Avg: $83.02
  • 200 Day Moving Avg: $81.93
  • 52 Week Range: $68.76 - $86.16
  • Trailing P/E Ratio: 20.53
  • Foreward P/E Ratio: 19.97
  • P/E Growth: 5.39
Sales & Book Value:
  • Annual Revenue: $11.99 billion
  • Price / Sales: 2.16
  • Book Value: $47.35 per share
  • Price / Book: 1.79
  • Annual Dividend: $2.76
  • Dividend Yield: 3.3%
  • EBITDA: $3.79 billion
  • Net Margins: 10.57%
  • Return on Equity: 8.59%
  • Return on Assets: 2.56%
  • Debt-to-Equity Ratio: 1.01%
  • Current Ratio: 0.76%
  • Quick Ratio: 0.68%
  • Average Volume: 1.43 million shs.
  • Beta: 0.09
  • Short Ratio: 7.22

Frequently Asked Questions for Consolidated Edison (NYSE:ED)

What is Consolidated Edison's stock symbol?

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

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. Stockholders of record on Wednesday, November 15th will be paid a dividend of $0.69 per share on Friday, December 15th. This represents a $2.76 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Tuesday, November 14th. View Consolidated Edison's Dividend History.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison Inc (NYSE:ED) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.61 by $0.03. The company had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.79 billion. Consolidated Edison had a net margin of 10.57% and a return on equity of 8.59%. During the same quarter last year, the firm earned $0.60 EPS. View Consolidated Edison's Earnings History.

When will Consolidated Edison make its next earnings announcement?

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Consolidated Edison.

Where is Consolidated Edison's stock going? Where will Consolidated Edison's stock price be in 2017?

9 equities research analysts have issued 1 year target prices for Consolidated Edison's shares. Their forecasts range from $68.00 to $83.50. On average, they expect Consolidated Edison's share price to reach $77.31 in the next year. View Analyst Ratings for Consolidated Edison.

What are analysts saying about Consolidated Edison stock?

Here are some recent quotes from research analysts about Consolidated Edison stock:

  • 1. According to Zacks Investment Research, "Consolidated Edison has a history of favorable rate decisions by regulatory authorities, which will likely encourage it to invest more in infrastructure improvements. A stable financial position backed by a strong cash generation capacity enables the company to follow a disciplined capital spending program. The company is also making notable progress in generating renewable energy. Moreover, the company outperformed its broader industry in the last year. However, disruption in wholesale energy markets may affect its ability to meet customers’ energy needs and thereby adversely affect its performance. Also, the company faces interest rate risk owing to variable rate debt and to new debt financing needed to fund capital requirements." (10/3/2017)
  • 2. Jefferies Group LLC analysts commented, "Con Ed reported strong 4Q EPS of $0.69 and announced a settlement of $153M related to the Harlem gas explosion. While removing that overhang is a positive newly issued 2017 guidance of $3.95-$4.15 was low compared to Consensus of $4.14 and JefE of $4.20. The difference was higher 2017 equity needs and lower contribution from Clean Energy." (2/21/2017)

Who are some of Consolidated Edison's key competitors?

Who are Consolidated Edison's key executives?

Consolidated Edison's management team includes the folowing people:

  • John McAvoy, Chairman of the Board, President, Chief Executive Officer
  • Robert N. Hoglund, Chief Financial Officer, Senior Vice President
  • Timothy P. Cawley, President and Chief Executive Officer of O&R
  • Craig S. Ivey, President of Consolidated Edison Company of New York, Inc.
  • Mark Noyes, President, Chief Executive Officer of Con Edison Clean Energy Businesses, Inc
  • Joseph P. Oates, President and Chief Executive Officer of Con Edison Transmission, Inc.
  • Elizabeth D. Moore, Senior Vice President, General Counsel
  • Robert Muccilo, Vice President, Controller
  • Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc.
  • Gurudatta D. Nadkarni, Vice President - Strategic Planning Consolidated Edison Company of New York, Inc.

Who owns Consolidated Edison stock?

Consolidated Edison's stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (1.33%), Robeco Institutional Asset Management B.V. (0.41%), PGGM Investments (0.17%), Shell Asset Management Co. (0.12%), State Treasurer State of Michigan (0.03%) and LS Investment Advisors LLC (0.02%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Giudice Michael J Del, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez and Timothy Cawley. View Institutional Ownership Trends for Consolidated Edison.

Who sold Consolidated Edison stock? Who is selling Consolidated Edison stock?

Consolidated Edison's stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Assenagon Asset Management S.A., State Treasurer State of Michigan and LS Investment Advisors LLC. Company insiders that have sold Consolidated Edison stock in the last year include Craig S Ivey and Joseph P Oates. View Insider Buying and Selling for Consolidated Edison.

Who bought Consolidated Edison stock? Who is buying Consolidated Edison stock?

Consolidated Edison's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Shell Asset Management Co., Robeco Institutional Asset Management B.V., Quantitative Systematic Strategies LLC, MEMBERS Trust Co, Honkamp Krueger Financial Services Inc. and Park National Corp OH. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Giudice Michael J Del, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez and Timothy Cawley. View Insider Buying and Selling for Consolidated Edison.

How do I buy Consolidated Edison stock?

Shares of Consolidated Edison can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Consolidated Edison's stock price today?

One share of Consolidated Edison stock can currently be purchased for approximately $84.86.

MarketBeat Community Rating for Consolidated Edison (NYSE ED)
Community Ranking:  1.1 out of 5 (star)
Outperform Votes:  176 (Vote Outperform)
Underperform Votes:  603 (Vote Underperform)
Total Votes:  779
MarketBeat's community ratings are surveys of what our community members think about Consolidated Edison and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Consolidated Edison (NYSE:ED) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Sell Ratings, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.56)
Consensus Price Target: $77.31 (8.89% downside)
Consensus Price Target History for Consolidated Edison (NYSE:ED)
Price Target History for Consolidated Edison (NYSE:ED)
Analysts' Ratings History for Consolidated Edison (NYSE:ED)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/20/2017KeyCorpReiterated RatingHoldN/AView Rating Details
9/26/2017Evercore ISIDowngradeIn-Line -> Underperform$74.00LowView Rating Details
9/8/2017Morgan StanleyBoost Price TargetUnderweight$78.00 -> $80.00LowView Rating Details
8/31/2017Jefferies Group LLCReiterated RatingHold$83.50LowView Rating Details
5/15/2017BMO Capital MarketsReiterated RatingHold$80.00N/AView Rating Details
5/8/2017Deutsche Bank AGDowngradeHold -> Sell$74.00LowView Rating Details
4/23/2017Barclays PLCReiterated RatingEqual Weight$76.00 -> $82.00LowView Rating Details
1/25/2017Credit Suisse GroupInitiated CoverageUnderperform -> Underperform$68.00N/AView Rating Details
1/4/2017Royal Bank Of CanadaReiterated RatingHold$77.00N/AView Rating Details
10/4/2016Citigroup Inc.Lower Price TargetNeutral$76.00 -> $72.00N/AView Rating Details
9/14/2016Goldman Sachs Group, Inc. (The)Lower Price TargetSell$72.00 -> $70.00N/AView Rating Details
8/8/2016MizuhoBoost Price TargetNeutral$72.00 -> $75.00N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Consolidated Edison (NYSE:ED)
Earnings by Quarter for Consolidated Edison (NYSE:ED)
Earnings History by Quarter for Consolidated Edison (NYSE ED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$1.51N/AView Earnings Details
8/3/2017Q2 2017$0.61$0.58$2.79 billion$2.63 billionViewN/AView Earnings Details
5/4/2017Q1 2017$1.19$1.27$3.05 billion$3.23 billionViewN/AView Earnings Details
2/16/2017Q4 2016$0.66$0.69$2.74 billion$2.71 billionViewN/AView Earnings Details
8/4/2016Q2$0.69$0.60$2.86 billion$2.79 billionViewN/AView Earnings Details
5/5/2016Q1$1.21$1.18$3.27 billion$3.16 billionViewN/AView Earnings Details
2/18/2016Q4$0.54$0.61$3.06 billion$2.71 billionViewN/AView Earnings Details
11/5/2015Q315$1.48$1.45$3.73 billion$3.44 billionViewN/AView Earnings Details
8/6/2015Q2$0.63$0.77$2.96 billion$2.79 billionViewN/AView Earnings Details
5/7/2015Q1 15$1.18$1.25$3.75 billion$3.62 billionViewN/AView Earnings Details
2/19/2015Q414$0.56$0.58$2.52 billion$2.83 billionViewN/AView Earnings Details
11/6/2014Q3$1.44$1.48$3.47 billion$3.39 billionViewN/AView Earnings Details
8/7/2014Q214$0.54$0.65$2.81 billion$2.91 billionViewN/AView Earnings Details
5/8/2014Q1$1.06$1.17$3.42 billion$3.79 billionViewN/AView Earnings Details
2/20/2014$0.66$0.69ViewN/AView Earnings Details
11/4/2013Q313$1.42$1.48$3.57 billion$3.48 billionViewN/AView Earnings Details
8/1/2013Q2 2013$0.57$0.59$2.85 billion$2.82 billionViewN/AView Earnings Details
5/2/2013Q1 2013$1.04$1.08$3.28 billionViewN/AView Earnings Details
1/31/2013Q4 2012$0.73$0.69$3.35 millionViewN/AView Earnings Details
11/5/2012$1.37$1.44$3.88 billionViewN/AView Earnings Details
8/2/2012$0.59$0.73ViewN/AView Earnings Details
5/3/2012$1.04$1.01ViewN/AView Earnings Details
11/3/2011$1.33$1.33ViewN/AView Earnings Details
5/5/2011$1.00$0.99ViewN/AView Earnings Details
1/20/2011$0.70$69.00ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Consolidated Edison (NYSE:ED)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.15$1.16$1.16
Q2 20171$0.63$0.63$0.63
Q3 20172$1.50$1.52$1.51
(Data provided by Zacks Investment Research)


Current Dividend Information for Consolidated Edison (NYSE:ED)
Next Dividend:12/15/2017
Annual Dividend:$2.76
Dividend Yield:3.25%
Dividend Growth:2.90% (3 Year Average)
Payout Ratio:66.67% (Trailing 12 Months of Earnings)
67.48% (Based on This Year's Estimates)
64.94% (Based on Next Year's Estimates)
Track Record:42 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Consolidated Edison (NYSE:ED)

Dividend History by Quarter for Consolidated Edison (NYSE ED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Consolidated Edison (NYSE:ED)
Insider Ownership Percentage: 0.20%
Institutional Ownership Percentage: 55.05%
Insider Trades by Quarter for Consolidated Edison (NYSE:ED)
Institutional Ownership by Quarter for Consolidated Edison (NYSE:ED)
Insider Trades by Quarter for Consolidated Edison (NYSE:ED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/31/2017Elizabeth D MooreSVPBuy27$83.57$2,256.39View SEC Filing  
8/31/2017Robert MucciloVPBuy24$83.57$2,005.68View SEC Filing  
8/31/2017Timothy CawleyCEOBuy28$83.57$2,339.96View SEC Filing  
8/23/2017Joseph P OatesCEOSell1,908$83.87$160,023.96View SEC Filing  
7/31/2017Gurudatta D NadkarniVPBuy26$81.27$2,113.02View SEC Filing  
7/31/2017John McavoyChairmanBuy28$81.27$2,275.56View SEC Filing  
7/31/2017Robert SanchezSVPBuy25$81.27$2,031.75View SEC Filing  
6/30/2017John McavoyChairmanBuy51$83.64$4,265.64View SEC Filing  
6/30/2017Robert MucciloVPBuy77$83.64$6,440.28View SEC Filing  
6/30/2017Robert N HoglundCFOBuy99$83.64$8,280.36View SEC Filing  
6/30/2017Robert SanchezSVPBuy39$83.64$3,261.96View SEC Filing  
6/30/2017Timothy CawleyCEOBuy47$83.64$3,931.08View SEC Filing  
5/17/2017Linda S SanfordDirectorBuy900$79.74$71,766.00View SEC Filing  
5/15/2017John McavoyChairmanBuy27$79.42$2,144.34View SEC Filing  
4/17/2017John McavoyChairmanBuy27$78.71$2,125.17View SEC Filing  
3/15/2017John McavoyChairmanBuy27$76.64$2,069.28View SEC Filing  
2/15/2017John McavoyChairmanBuy28$73.29$2,052.12View SEC Filing  
1/17/2017John McavoyChairmanBuy29$73.88$2,142.52View SEC Filing  
12/31/2016Craig S IveyInsiderBuy57$71.53$4,077.21View SEC Filing  
12/31/2016Elizabeth D. MooreSVPBuy51$71.53$3,648.03View SEC Filing  
12/31/2016Robert MucciloVPBuy86$71.53$6,151.58View SEC Filing  
12/31/2016Robert N HoglundCFOBuy110$71.53$7,868.30View SEC Filing  
12/31/2016Timothy CawleyCEOBuy52$71.53$3,719.56View SEC Filing  
12/15/2016John McavoyChairmanBuy30$70.98$2,129.40View SEC Filing  
12/12/2016Craig S IveyInsiderSell3,974$71.42$283,823.08View SEC Filing  
11/15/2016John McavoyChairmanBuy30$70.82$2,124.60View SEC Filing  
10/17/2016John McavoyChairmanBuy28$72.93$2,042.04View SEC Filing  
9/30/2016Craig S IveyInsiderBuy67$75.49$5,057.83View SEC Filing  
9/30/2016Elizabeth D. MooreSVPBuy47$75.49$3,548.03View SEC Filing  
9/30/2016John McavoyChairmanBuy53$75.49$4,000.97View SEC Filing  
9/30/2016Robert MucciloVPBuy80$75.49$6,039.20View SEC Filing  
9/30/2016Robert N HoglundCFOBuy103$75.49$7,775.47View SEC Filing  
9/30/2016Timothy CawleyCEOBuy48$75.49$3,623.52View SEC Filing  
9/15/2016John McavoyChairmanBuy28$74.20$2,077.60View SEC Filing  
8/31/2016Craig S IveyInsiderBuy29$77.14$2,237.06View SEC Filing  
8/31/2016Robert MucciloVPBuy26$77.14$2,005.64View SEC Filing  
8/31/2016Timothy CawleyCEOBuy30$77.14$2,314.20View SEC Filing  
8/15/2016John McavoyChairmanBuy27$78.20$2,111.40View SEC Filing  
7/31/2016Craig S IveyInsiderBuy28$80.16$2,244.48View SEC Filing  
7/31/2016Robert MucciloVPBuy25$80.16$2,004.00View SEC Filing  
7/31/2016Timothy CawleyCEOBuy29$80.16$2,324.64View SEC Filing  
7/15/2016John McavoyCEOBuy26$79.30$2,061.80View SEC Filing  
6/30/2016Craig S IveyInsiderBuy65$76.85$4,995.25View SEC Filing  
6/30/2016Elizabeth D. MooreSVPBuy45$76.85$3,458.25View SEC Filing  
6/30/2016Gurudatta D NadkarniVPBuy78$76.85$5,994.30View SEC Filing  
6/30/2016Robert MucciloCAOBuy77$76.85$5,917.45View SEC Filing  
6/30/2016Robert N HoglundCFOBuy99$76.85$7,608.15View SEC Filing  
6/30/2016Timothy CawleyCEOBuy46$76.85$3,535.10View SEC Filing  
6/15/2016John McavoyCEOBuy27$78.13$2,109.51View SEC Filing  
5/16/2016John McavoyCEOBuy28$73.41$2,055.48View SEC Filing  
4/30/2016Craig S IveyInsiderBuy30$74.39$2,231.70View SEC Filing  
4/30/2016Gurudatta D NadkarniVPBuy28$74.39$2,082.92View SEC Filing  
4/30/2016Robert MucciloCAOBuy27$74.39$2,008.53View SEC Filing  
4/30/2016Robert N HoglundCFOBuy31$74.39$2,306.09View SEC Filing  
4/15/2016John McavoyCEOBuy28$75.79$2,122.12View SEC Filing  
3/31/2016Craig S IveyInsiderBuy66$73.56$4,854.96View SEC Filing  
3/31/2016Elizabeth D MooreSVPBuy46$73.56$3,383.76View SEC Filing  
3/31/2016Gurudatta D NadkarniVPBuy80$73.56$5,884.80View SEC Filing  
3/31/2016John McavoyCEOBuy52$73.56$3,825.12View SEC Filing  
3/31/2016Robert MucciloCAOBuy79$73.56$5,811.24View SEC Filing  
3/31/2016Robert N HoglundCFOBuy102$73.56$7,503.12View SEC Filing  
3/15/2016John McavoyCEOBuy28$73.78$2,065.84View SEC Filing  
2/16/2016John McavoyCEOBuy29$70.70$2,050.30View SEC Filing  
1/31/2016Craig S IveyInsiderBuy33$66.92$2,208.36View SEC Filing  
1/31/2016Gurudatta D NadkarniVPBuy31$66.92$2,074.52View SEC Filing  
1/31/2016Joseph P OatesSVPBuy8$66.92$535.36View SEC Filing  
1/31/2016Robert MucciloCAOBuy30$66.92$2,007.60View SEC Filing  
1/31/2016Robert N HoglundCFOBuy35$66.92$2,342.20View SEC Filing  
1/15/2016John McavoyCEOBuy31$67.34$2,087.54View SEC Filing  
12/31/2015Craig S IveyInsiderBuy65$64.69$4,204.85View SEC Filing  
12/31/2015Giudice Michael J DelDirectorBuy0$64.69$0.00View SEC Filing  
12/31/2015Gurudatta D NadkarniVPBuy79$64.69$5,110.51View SEC Filing  
12/31/2015Joseph P OatesSVPBuy23$64.69$1,487.87View SEC Filing  
12/31/2015Robert N HoglundCFOBuy101$64.69$6,533.69View SEC Filing  
12/31/2015Timothy CawleyCEOBuy46$64.69$2,975.74View SEC Filing  
12/15/2015John McavoyCEOBuy34$62.34$2,119.56View SEC Filing  
9/9/2015Linda S SanfordDirectorBuy1,500$61.55$92,325.00View SEC Filing  
7/15/2015John McavoyCEOBuy34$60.42$2,054.28View SEC Filing  
11/14/2014Kevin BurkeDirectorSell160,000$62.14$9,942,400.00View SEC Filing  
11/12/2014Kevin BurkeDirectorSell40,000$62.25$2,490,000.00View SEC Filing  
9/23/2014Giudice Michael J DelDirectorSell1,293$56.78$73,416.54View SEC Filing  
8/23/2013Craig IveyInsiderSell3,100$56.67$175,677.00View SEC Filing  
6/26/2013Longhi G WilliamInsiderSell3,335$57.74$192,562.90View SEC Filing  
5/20/2013Scott L SandersVPSell3,151$60.80$191,580.80View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Consolidated Edison (NYSE:ED)
Latest Headlines for Consolidated Edison (NYSE:ED)
Loading headlines, please wait.



Consolidated Edison (ED) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.