Lowest-Rated Stocks NYSE:ED Consolidated Edison - ED Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Consolidated Edison, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $96.91 +1.28 (+1.34%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$95.81▼$97.3350-Day Range$88.15▼$98.6152-Week Range$78.10▼$102.21Volume1.73 million shsAverage Volume1.85 million shsMarket Capitalization$34.41 billionP/E Ratio20.75Dividend Yield3.34%Price Target$89.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Consolidated Edison MarketRank™ ForecastAnalyst RatingHold1.55 Rating ScoreUpside/Downside7.9% Downside$89.25 Price TargetShort InterestHealthy1.63% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.42Based on 13 Articles This WeekInsider TradingAcquiring Shares$13,023 Bought Last QuarterProj. Earnings Growth4.94%From $4.86 to $5.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsUtilities Sector19th out of 84 stocksElectric & Other Services Combined Industry1st out of 19 stocks 1.8 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Hold. The company's average rating score is 1.55, and is based on no buy ratings, 6 hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $89.25, Consolidated Edison has a forecasted downside of 7.9% from its current price of $96.91.Amount of Analyst CoverageConsolidated Edison has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.63% of the outstanding shares of Consolidated Edison have been sold short.Short Interest Ratio / Days to CoverConsolidated Edison has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently decreased by 6.15%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldConsolidated Edison pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConsolidated Edison has been increasing its dividend for 50 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 69.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Consolidated Edison will have a dividend payout ratio of 63.53% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConsolidated Edison has received a 4.51% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with fossil fuels", "Electricity distribution services of electricity produced with nuclear fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for Consolidated Edison is -3.18. Previous Next 2.5 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Consolidated Edison this week, compared to 5 articles on an average week.Search Interest37 people have searched for ED on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,023.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.13% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions64.95% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 4.94% in the coming year, from $4.86 to $5.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 20.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 20.75, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 102.49.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 9.85. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConsolidated Edison has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Consolidated Edison (NYSE:ED) StockConsolidated Edison, Inc. is a holding company, which engages in the business of regulated electric, gas, and steam delivery. It operates through the following segments: Consolidated Edison Company of New York (CECONY), Orange and Rockland Utilities(O&R), Con Edison Clean Energy Businesses and Con Edison Transmission. The CECONY segment is involved in the regulated electric, gas, and steam utility businesses. The O&R segment covers regulated electric and gas utility delivery businesses. The Con Edison Clean Energy Businesses segment develops, owns, and operates renewable and energy infrastructure projects and provides energy-related products and services to wholesale and retail customers. The Con Edison Transmission segment invests in electric and gas transmission projects. The company was founded in 1823 and is headquartered in New York, NY.Read More Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address ED Stock News HeadlinesMarch 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Consolidated Edison (NYSE:ED)March 17, 2023 | finance.yahoo.comCon Edison to Attend Investor Meetings in Europe, March 20-24March 20, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 16, 2023 | marketwatch.comConsolidated Edison Inc. stock rises Thursday, still underperforms marketMarch 15, 2023 | marketwatch.comConsolidated Edison Inc. stock underperforms Wednesday when compared to competitors despite daily gainsMarch 15, 2023 | americanbankingnews.comConsolidated Edison, Inc. (NYSE:ED) Sees Large Decline in Short InterestMarch 14, 2023 | marketwatch.comConsolidated Edison Inc. stock rises Tuesday, still underperforms marketMarch 13, 2023 | finance.yahoo.com5 big stock buybacks: Verisk, Con Edison | Pro RecapMarch 20, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 12, 2023 | msn.comSunday marks 9 years since deadly East Harlem gas explosionMarch 12, 2023 | finance.yahoo.comIs Consolidated Edison, Inc. (NYSE:ED) Expensive For A Reason? A Look At Its Intrinsic ValueMarch 10, 2023 | msn.comCon Edison Athlete of the Week: Mamaroneck track and field's Matthew DohertyMarch 9, 2023 | finance.yahoo.comConsolidated Edison (ED) Repurchases Common Shares Worth $1BMarch 9, 2023 | msn.comFrance's EDF sounds out possible advisers as it weighs options for Edison-sourcesMarch 7, 2023 | msn.comConsolidated Edison launches $1B in accelerated share repurchase programMarch 7, 2023 | markets.businessinsider.comCon Edison Announces $1 Bln Accelerated Share RepurchaseMarch 1, 2023 | marketwatch.comConsolidated Edison Inc. stock falls Wednesday, underperforms marketMarch 1, 2023 | powermag.comRWE Completes Acquisition of Con Edison Clean EnergyMarch 1, 2023 | finance.yahoo.comCON EDISON FINALIZES SALE OF ITS CLEAN ENERGY BUSINESSESMarch 1, 2023 | marketwatch.comConsolidated Edison Inc. stock underperforms Tuesday when compared to competitorsFebruary 24, 2023 | finance.yahoo.comCON EDISON INVESTOR MATERIAL FOR CONFERENCES IS AVAILABLE FOR ONLINE VIEWINGFebruary 23, 2023 | finance.yahoo.comConsolidated Edison (NYSE:ED) Could Be Struggling To Allocate CapitalFebruary 21, 2023 | msn.comNY Audit Of O&R, Con Ed Faults Leak-Prone Pipe Replacement, PlanningFebruary 18, 2023 | msn.comMayor Adams supports Con Edison gas, electric rate hike proposal — says it could have been worseFebruary 18, 2023 | msn.comCon Edison rate hike to shock wallets — state, utility near deal to boost NYC, Westchester gas, electric pricesFebruary 18, 2023 | msn.comCon Edison, state regulators propose rate hikeFebruary 17, 2023 | finanznachrichten.deConsolidated Edison, Inc.: Con Edison Reports 2022 EarningsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address ED Company Calendar Ex-Dividend for 3/15 Dividend2/14/2023Last Earnings2/16/2023Dividend Payable3/15/2023Today3/20/2023Next Earnings (Estimated)5/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees14,319Year Founded1823Price Target and Rating Average Stock Price Forecast$89.25 High Stock Price Forecast$103.00 Low Stock Price Forecast$69.00 Forecasted Upside/Downside-7.8%Consensus RatingHold Rating Score (0-4)1.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.67 Trailing P/E Ratio20.73 Forward P/E Ratio19.92 P/E Growth9.85Net Income$1.66 billion Net Margins10.59% Pretax Margin13.39% Return on Equity7.79% Return on Assets2.46% Debt Debt-to-Equity Ratio0.96 Current Ratio1.14 Quick Ratio1.10 Sales & Book Value Annual Sales$15.67 billion Price / Sales2.19 Cash Flow$10.49 per share Price / Cash Flow9.23 Book Value$58.87 per share Price / Book1.64Miscellaneous Outstanding Shares355,050,000Free Float354,583,000Market Cap$34.38 billion OptionableOptionable Beta0.35 Social Links Key ExecutivesTimothy P. CawleyChairman, President & Chief Executive OfficerRobert N. HoglundChief Financial Officer & Senior Vice PresidentDeneen Lynette DonnleySenior Vice President & General CounselSylvia V. DooleySecretary & Vice PresidentJoseph MillerChief Accounting Officer, VP & ControllerKey CompetitorsWEC Energy GroupNYSE:WECPublic Service Enterprise GroupNYSE:PEGPG&ENYSE:PCGAmerenNYSE:AEECMS EnergyNYSE:CMSView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 1,293 shares on 3/15/2023Ownership: 0.007%Joseph MillerBought 1 shares on 3/15/2023Total: $93.94 ($93.94/share)Victory Capital Management Inc.Bought 33,614 shares on 3/10/2023Ownership: 0.247%Mather Group LLC.Sold 377 shares on 3/10/2023Ownership: 0.001%Rockefeller Capital Management L.P.Sold 14,487 shares on 3/6/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions ED Stock - Frequently Asked Questions Should I buy or sell Consolidated Edison stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last twelve months. There are currently 5 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ED shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ED, but not buy additional shares or sell existing shares. View ED analyst ratings or view top-rated stocks. What is Consolidated Edison's stock price forecast for 2023? 11 analysts have issued 1 year price objectives for Consolidated Edison's shares. Their ED share price forecasts range from $69.00 to $103.00. On average, they anticipate the company's share price to reach $89.25 in the next twelve months. This suggests that the stock has a possible downside of 7.9%. View analysts price targets for ED or view top-rated stocks among Wall Street analysts. How have ED shares performed in 2023? Consolidated Edison's stock was trading at $95.31 at the beginning of 2023. Since then, ED stock has increased by 1.7% and is now trading at $96.91. View the best growth stocks for 2023 here. Are investors shorting Consolidated Edison? Consolidated Edison saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 5,800,000 shares, a decline of 6.1% from the February 13th total of 6,180,000 shares. Based on an average daily volume of 1,690,000 shares, the short-interest ratio is currently 3.4 days. View Consolidated Edison's Short Interest. When is Consolidated Edison's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our ED earnings forecast. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings data on Thursday, February, 16th. The utilities provider reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.03. The utilities provider earned $4.03 billion during the quarter, compared to analysts' expectations of $3.18 billion. Consolidated Edison had a net margin of 10.59% and a trailing twelve-month return on equity of 7.79%. The business's revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business earned $1.00 EPS. How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison? Consolidated Edison declared a quarterly dividend on Thursday, January 19th. Shareholders of record on Wednesday, February 15th will be given a dividend of $0.81 per share on Wednesday, March 15th. This represents a $3.24 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Tuesday, February 14th. This is a boost from the stock's previous quarterly dividend of $0.79. Read our dividend analysis for ED. What ETFs hold Consolidated Edison's stock? ETFs with the largest weight of Consolidated Edison (NYSE:ED) stock in their portfolio include iShares Global Clean Energy ETF (ICLN), Utilities Select Sector SPDR Fund (XLU), Invesco S&P 500 Equal Weight Utilities ETF (RYU), First Trust Utilities AlphaDEX Fund (FXU), Vanguard Utilities Index Fund (VPU), Fidelity MSCI Utilities Index ETF (FUTY), iShares U.S. Utilities ETF (IDU) and VictoryShares Dividend Accelerator ETF (VSDA). Is Consolidated Edison a good dividend stock? Consolidated Edison (NYSE:ED) pays an annual dividend of $3.24 per share and currently has a dividend yield of 3.39%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ED will have a dividend payout ratio of 63.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ED. What guidance has Consolidated Edison issued on next quarter's earnings? Consolidated Edison issued an update on its FY 2023 earnings guidance on Monday, February, 20th. The company provided earnings per share guidance of $4.75-$4.95 for the period, compared to the consensus earnings per share estimate of $4.82. The company issued revenue guidance of -. What is John McAvoy's approval rating as Consolidated Edison's CEO? 211 employees have rated Consolidated Edison Chief Executive Officer John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among the company's employees. This puts John McAvoy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Consolidated Edison own? 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), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), Altria Group (MO) and Procter & Gamble (PG). What is Consolidated Edison's stock symbol? Consolidated Edison trades on the New York Stock Exchange (NYSE) under the ticker symbol "ED." Who are Consolidated Edison's major shareholders? Consolidated Edison's stock is owned by a number of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (2.20%), Legal & General Group Plc (1.74%), Moneta Group Investment Advisors LLC (1.17%), Morgan Stanley (1.16%), Lazard Asset Management LLC (1.11%) and Norges Bank (0.94%). Insiders that own company stock include Deneen L Donnley, Frances Resheske, Gurudatta D Nadkarni, Gurudatta D Nadkarni, John Mcavoy, Joseph Miller, La Bastide Lore De, Matthew Ketschke, Nancy Shannon, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Stuart Nachmias, Timothy Cawley and Yukari Saegusa. View institutional ownership trends. How do I buy shares of Consolidated Edison? Shares of ED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Consolidated Edison's stock price today? One share of ED stock can currently be purchased for approximately $96.91. How much money does Consolidated Edison make? Consolidated Edison (NYSE:ED) has a market capitalization of $34.41 billion and generates $15.67 billion in revenue each year. The utilities provider earns $1.66 billion in net income (profit) each year or $4.67 on an earnings per share basis. How many employees does Consolidated Edison have? The company employs 14,319 workers across the globe. Does Consolidated Edison have any subsidiaries? The following companies are subsidiares of Consolidated Edison: Con Edison Clean Energy Businesses Inc., and Consolidated Edison Company of New York Inc..Read More How can I contact Consolidated Edison? Consolidated Edison's mailing address is 4 IRVING PLACE, NEW YORK NY, 10003. The official website for the company is www.conedison.com. The utilities provider can be reached via phone at (212) 460-4600, via email at dl-investorrelations@coned.com, or via fax at 212-475-0734. This page (NYSE:ED) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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