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 declared a quarterly dividend on Thursday, January 16th. Investors 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 3.44%. The ex-dividend date of this dividend is Tuesday, February 18th. 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) released its earnings results on Monday, November, 4th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.58 by $0.04. The utilities provider earned $3.37 billion during the quarter, compared to the consensus estimate of $3.50 billion. Consolidated Edison had a net margin of 10.69% and a return on equity of 8.02%. During the same quarter in the previous year, the company earned $1.57 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY20 earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of $4.30-4.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.50.

10 Wall Street analysts have issued twelve-month price targets for Consolidated Edison's stock. Their forecasts range from $88.00 to $96.00. On average, they anticipate Consolidated Edison's share price to reach $91.67 in the next year. This suggests a possible upside of 3.1% from the stock's current price. 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, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Headlines about ED stock have been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Consolidated Edison earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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), Alliant Energy (LNT), CenterPoint Energy (CNP), 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), Exxon Mobil (XOM), Johnson & Johnson (JNJ), AbbVie (ABBV), Cisco Systems (CSCO), Altria Group (MO), Procter & Gamble (PG), Pfizer (PFE) and Walmart (WMT).

Consolidated Edison's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Wealth Quarterback LLC (62.91%), State Street Corp (6.78%), Geode Capital Management LLC (1.66%), AQR Capital Management LLC (1.57%), Renaissance Technologies LLC (1.21%) and Bank of New York Mellon Corp (0.93%). 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 Bank of New York Mellon Corp, Renaissance Technologies LLC, Janus Henderson Group PLC, Russell Investments Group Ltd., Commerzbank Aktiengesellschaft FI, AQR Capital Management LLC, Reaves W H & Co. Inc. and Man Group plc. View Insider Buying and Selling for Consolidated Edison.

ED stock was purchased by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, State Street Corp, Panagora Asset Management Inc., UBS Group AG, Geode Capital Management LLC, UBS Asset Management Americas Inc., Thrivent Financial for Lutherans and CIBC Private Wealth Group LLC. 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 $88.89.

Consolidated Edison has a market capitalization of $29.55 billion and generates $12.57 billion in revenue each year. The utilities provider earns $1.34 billion in net income (profit) each year or $4.37 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]