Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission). CECONY's principal business operations are its regulated electric, gas and steam delivery businesses. CECONY provides electricity, natural gas and steam to customers in New York City and Westchester County. O&R's principal business operations are its regulated electric and gas delivery businesses. The Clean Energy Businesses develop, own and operate renewable and energy infrastructure projects and provide energy-related products and services to wholesale and retail customers. Con Edison Transmission, through its subsidiaries, invests in electric transmission facilities and gas pipeline and storage facilities.
Industry, Sector and Symbol
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:ED
CUSIP20911510
Phone212-460-4600
Debt
Debt-to-Equity Ratio0.94
Current Ratio0.67
Quick Ratio0.61
Price-To-Earnings
Trailing P/E Ratio18.29
Forward P/E Ratio17.50
P/E Growth4.33
Sales & Book Value
Annual Sales$12.03 billion
Price / Sales1.92
Cash Flow$8.4897 per share
Price / Cash8.78
Book Value$49.75 per share
Price / Book1.50
Profitability
EPS (Most Recent Fiscal Year)$4.09
Net Income$1.53 billion
Net Margins12.86%
Return on Equity8.61%
Return on Assets2.67%
Miscellaneous
Employees15,591
Outstanding Shares310,730,000
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, April 19th. Investors of record on Wednesday, May 16th will be given a dividend of $0.715 per share on Friday, June 15th. This represents a $2.86 annualized dividend and a yield of 3.84%. The ex-dividend date is Tuesday, May 15th. 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, May, 3rd. The utilities provider reported $1.38 EPS for the quarter, beating the Zacks' consensus estimate of $1.33 by $0.05. The utilities provider earned $3.36 billion during the quarter, compared to the consensus estimate of $3.23 billion. Consolidated Edison had a net margin of 12.86% and a return on equity of 8.61%. The company's revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.27 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 issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $4.15-4.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.26.
What price target have analysts set for ED?
8 analysts have issued 12 month target prices for Consolidated Edison's stock. Their predictions range from $71.00 to $92.00. On average, they anticipate Consolidated Edison's stock price to reach $80.9286 in the next twelve months. View Analyst Ratings for Consolidated Edison.
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), E.ON SE Sponsored ADR (Germany) (EONGY), PG&E (PCG), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), Westar Energy (WR), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE) and Avista (AVA).
Who are Consolidated Edison's key executives?
Consolidated Edison's management team includes the folowing people:
- John McAvoy, Chairman of the Board, President, Chief Executive Officer (Age 56)
- Robert N. Hoglund, Chief Financial Officer, Senior Vice President (Age 55)
- Timothy P. Cawley, President and Chief Executive Officer of O&R (Age 52)
- Craig S. Ivey, President of Consolidated Edison Company of New York, Inc. (Age 54)
- Mark Noyes, President, Chief Executive Officer of Con Edison Clean Energy Businesses, Inc (Age 52)
- Joseph P. Oates, President and Chief Executive Officer of Con Edison Transmission, Inc. (Age 55)
- Elizabeth D. Moore, Senior Vice President, General Counsel (Age 62)
- Robert Muccilo, Vice President, Controller (Age 60)
- Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc. (Age 49)
- Gurudatta D. Nadkarni, Vice President - Strategic Planning Consolidated Edison Company of New York, Inc. (Age 51)
Has Consolidated Edison been receiving favorable news coverage?
Media stories about ED stock have been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Consolidated Edison earned a media sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the utilities provider an impact score of 46.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Consolidated Edison's major shareholders?
Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.33%), Northern Trust Corp (1.43%), Legal & General Group Plc (1.00%), Swiss National Bank (0.71%), Robeco Institutional Asset Management B.V. (0.50%) and Royal Bank of Canada (0.41%). 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 Amundi Pioneer Asset Management Inc., United Capital Financial Advisers LLC, JPMorgan Chase & Co., Caisse DE Depot ET Placement DU Quebec, Russell Investments Group Ltd., Northern Trust Corp, Prudential Financial Inc. and California Public Employees Retirement System. Company insiders that have sold Consolidated Edison company stock in the last year include Craig S Ivey and Joseph P Oates. View Insider Buying and Selling for Consolidated Edison.
Which institutional investors are buying Consolidated Edison stock?
ED stock was bought by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Forsta AP Fonden, MUFG Securities EMEA plc, Summit Trail Advisors LLC, Pendal Group Ltd and Guggenheim Capital 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 $74.57.
How big of a company is Consolidated Edison?
Consolidated Edison has a market capitalization of $22.91 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.
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 (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.
