Consolidated Edison Stock Price, News & Analysis (NYSE:ED)

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

Consolidated Edison declared a quarterly dividend on Thursday, October 17th. Investors of record on Wednesday, November 13th will be paid a dividend of $0.74 per share on Monday, December 16th. This represents a $2.96 annualized dividend and a yield of 3.19%. The ex-dividend date is Tuesday, November 12th. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) posted its earnings results on Thursday, August, 1st. The utilities provider reported $0.58 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.02. The utilities provider had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.67 billion. Consolidated Edison had a net margin of 10.71% and a return on equity of 8.04%. During the same period in the prior year, the company earned $0.61 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $4.25-4.45 for the period, compared to the Thomson Reuters consensus estimate of $4.35.

10 brokerages have issued 1-year price objectives for Consolidated Edison's shares. Their predictions range from $73.00 to $100.00. On average, they expect Consolidated Edison's share price to reach $88.81 in the next twelve months. This suggests that the stock has a possible downside of 4.4%. 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 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

News headlines about ED stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Consolidated Edison earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Consolidated Edison.

Some companies that are related to Consolidated Edison include Dominion Energy (D), Sempra Energy (SRE), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), Alliant Energy (LNT), NiSource (NI), Mdu Resources Group (MDU), Black Hills (BKH), PG&E (PCG), 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), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Procter & Gamble (PG), Cisco Systems (CSCO), AbbVie (ABBV), Walmart (WMT), Pfizer (PFE) and Altria Group (MO).

Consolidated Edison's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.41%), Boston Trust Walden Corp (0.19%), Gateway Investment Advisers LLC (0.10%), Hennessy Advisors Inc. (0.08%), Commerzbank Aktiengesellschaft FI (0.08%) and Nisa Investment Advisors LLC (0.06%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, 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 Assenagon Asset Management S.A., Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, CIBC Private Wealth Group LLC, Hennessy Advisors Inc., Brookstone Capital Management, Gateway Investment Advisers LLC and NEXT Financial Group Inc. View Insider Buying and Selling for Consolidated Edison.

ED stock was bought by a variety of institutional investors in the last quarter, including Moors & Cabot Inc., DNB Asset Management AS, Stephens Inc. AR, Boston Trust Walden Corp, Calamos Advisors LLC, Commerzbank Aktiengesellschaft FI, Pacer Advisors Inc. and Meeder Asset Management Inc.. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, 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 $92.85.

Consolidated Edison has a market capitalization of $30.84 billion and generates $12.34 billion in revenue each year. The utilities provider earns $1.38 billion in net income (profit) each year or $4.32 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]