NYSE:EDConsolidated Edison Stock Price, Forecast & News

Consolidated Edison's stock was trading at $86.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ED shares have decreased by 9.9% and is now trading at $77.90. View which stocks have been mosted impacted by Coronavirus.

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.

Consolidated Edison is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Consolidated Edison.

Consolidated Edison, Inc. (NYSE:ED) announced its earnings results on Thursday, February, 20th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.07. The utilities provider earned $2.95 billion during the quarter, compared to analysts' expectations of $3.03 billion. Consolidated Edison had a net margin of 10.69% and a return on equity of 8.02%. View Consolidated Edison's earnings history.

Consolidated Edison declared a quarterly dividend on Thursday, January 16th. Investors of record on Wednesday, February 19th will be given a dividend of $0.765 per share on Monday, March 16th. This represents a $3.06 annualized dividend and a dividend yield of 3.93%. 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 issued an update on its FY20 earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $4.30-4.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.50.

10 brokerages have issued 12 month target prices for Consolidated Edison's shares. Their forecasts range from $64.00 to $95.00. On average, they expect Consolidated Edison's stock price to reach $86.72 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price. View analysts' price targets for Consolidated Edison.

Press coverage about ED stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Consolidated Edison earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutConsolidated 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), Ameren (AEE), DTE Energy (DTE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), CenterPoint Energy (CNP), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), Avista (AVA) and NorthWestern (NWE).

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

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

Consolidated Edison's stock is owned by many different institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.00%). Company insiders that own Consolidated Edison stock 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 institutional ownership trends for Consolidated Edison.

ED stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. View insider buying and selling activity 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 $77.90.

Consolidated Edison has a market capitalization of $26.00 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 14,890 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]