Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.4 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,600 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York, and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. The company operates 532 circuit miles of transmission lines; 39 transmission substations; 62 distribution substations; 85,835 in-service line transformers; 3,743 pole miles of overhead distribution lines; and 2,138 miles of underground distribution lines, as well as 4,395 miles of mains and 317,236 service lines for natural gas distribution. In addition, it owns, operates, and develops renewable and energy infrastructure projects; and provides energy-related products and services to wholesale and retail customers, as well as invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and governmental customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.
Industry, Sector and Symbol
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
Phone212-460-4600
Debt
Current Ratio0.62
Quick Ratio0.56
Price-To-Earnings
Sales & Book Value
Annual Sales$12.03 billion
Price / Sales1.96
Price / Cash Flow8.86
Price / Book1.52
Profitability
Net Income$1.53 billion
Net Margins12.60%
Return on Assets2.77%
Miscellaneous
Employees15,591
OptionableOptionable
Consolidated Edison (NYSE:ED) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, October 18th. Shareholders of record on Wednesday, November 14th will be given a dividend of $0.715 per share on Monday, December 17th. This represents a $2.86 annualized dividend and a yield of 3.77%. The ex-dividend date is Tuesday, November 13th. View Consolidated Edison's Dividend History.
How were Consolidated Edison's earnings last quarter?
Consolidated Edison, Inc. (NYSE:ED) issued its quarterly earnings data on Thursday, November, 1st. The utilities provider reported $1.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.11. The utilities provider had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. Consolidated Edison had a return on equity of 8.64% and a net margin of 12.60%. During the same period last year, the firm posted $1.47 earnings per share. View Consolidated Edison's Earnings History.
When is Consolidated Edison's next earnings date?
What guidance has Consolidated Edison issued on next quarter's earnings?
Consolidated Edison updated its FY18 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus estimate of $4.26.
What price target have analysts set for ED?
10 equities research analysts have issued 1 year price objectives for Consolidated Edison's shares. Their predictions range from $32.00 to $84.00. On average, they anticipate Consolidated Edison's stock price to reach $74.7778 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Consolidated Edison.
What is the consensus analysts' recommendation 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.
Has Consolidated Edison been receiving favorable news coverage?
Press coverage about ED stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consolidated Edison earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.
Are investors shorting Consolidated Edison?
Consolidated Edison saw a decrease in short interest in December. As of December 14th, there was short interest totalling 13,089,859 shares, a decrease of 35.8% from the November 30th total of 20,373,451 shares. Based on an average trading volume of 2,639,101 shares, the short-interest ratio is presently 5.0 days. Currently, 4.2% of the company's stock are short sold. View Consolidated Edison's Current Options Chain.
Who are some of Consolidated Edison's key competitors?
Some companies that are related to Consolidated Edison include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), SCANA (SCG), United Utilities Group (UUGRY), ALLETE (ALE), NorthWestern (NWE) and Avista (AVA).
Who are Consolidated Edison's key executives?
Consolidated Edison's management team includes the folowing people:
- Mr. John J. McAvoy, Chairman, Pres & CEO (Age 57)
- Mr. Robert N. Hoglund, Sr. VP & CFO (Age 56)
- Ms. Elizabeth D. Moore Esq., Sr. VP & Gen. Counsel (Age 63)
- Mr. Robert Muccilo, Chief Accounting Officer, VP & Controller (Age 62)
- Mr. Jan C. Childress, Director of Investor Relations
Who are Consolidated Edison's major shareholders?
Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.20%), Gateway Investment Advisers LLC (0.11%), Welch Group LLC (0.10%), Hennessy Advisors Inc. (0.09%), State of Alaska Department of Revenue (0.06%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Institutional Ownership Trends for Consolidated Edison.
Which institutional investors are selling Consolidated Edison stock?
ED stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Hennessy Advisors Inc., Hexavest Inc., First Hawaiian Bank, Louisiana State Employees Retirement System, Park National Corp OH, Marshwinds Advisory Co. and Private Trust Co. NA. View Insider Buying and Selling for Consolidated Edison.
Which institutional investors are buying Consolidated Edison stock?
ED stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C., State of Alaska Department of Revenue, Welch Group LLC, Lenox Wealth Advisors LLC, Steward Partners Investment Advisory LLC, Monument Capital Management, Highwater Wealth Management LLC and Gateway Investment Advisers LLC. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, Linda S Sanford, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Insider Buying and Selling for Consolidated Edison.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Consolidated Edison's stock price today?
One share of ED stock can currently be purchased for approximately $75.79.
How big of a company is Consolidated Edison?
Consolidated Edison has a market capitalization of $23.19 billion and generates $12.03 billion in revenue each year. The utilities provider earns $1.53 billion in net income (profit) each year or $4.09 on an earnings per share basis. Consolidated Edison employs 15,591 workers across the globe.
What is Consolidated Edison's official website?
How can I contact Consolidated Edison?
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]
MarketBeat Community Rating for Consolidated Edison (NYSE ED)
MarketBeat's community ratings are surveys of what our community members think about Consolidated Edison and other stocks. Vote "Outperform" if you believe ED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ED will underperform the S&P 500 over the long term. You may vote once every thirty days.
