NYSE:ED - Consolidated Edison Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$75.28 +0.05 (+0.07 %)
(As of 10/15/2018 04:00 PM ET)
Previous Close$75.23
Today's Range$74.93 - $75.90
52-Week Range$71.12 - $89.70
Volume1.86 million shs
Average Volume1.91 million shs
Market Capitalization$23.70 billion
P/E Ratio18.38
Dividend Yield3.76%
Beta0.02
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.

Receive ED News and Ratings via Email

Sign-up to receive the latest news and ratings for ED and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:ED
CUSIP20911510
Phone212-460-4600

Debt

Debt-to-Equity Ratio0.97
Current Ratio0.63
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio18.38
Forward P/E Ratio17.67
P/E Growth5.96

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales1.95
Cash Flow$8.2999 per share
Price / Cash9.07
Book Value$49.75 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$4.09
Net Income$1.53 billion
Net Margins12.90%
Return on Equity8.52%
Return on Assets2.70%

Miscellaneous

Employees15,591
Outstanding Shares311,100,000
Market Cap$23.70 billion

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, July 19th. Shareholders of record on Wednesday, August 15th will be given a dividend of $0.715 per share on Monday, September 17th. This represents a $2.86 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Tuesday, August 14th. View Consolidated Edison's Dividend History.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) announced its earnings results on Thursday, August, 2nd. The utilities provider reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.04. The utilities provider earned $2.70 billion during the quarter, compared to analyst estimates of $2.64 billion. Consolidated Edison had a return on equity of 8.52% and a net margin of 12.90%. During the same period in the prior year, the company posted $0.58 earnings per share. View Consolidated Edison's Earnings History.

When is Consolidated Edison's next earnings date?

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, November 1st 2018. View Earnings Estimates for Consolidated Edison.

What guidance has Consolidated Edison issued on next quarter's earnings?

Consolidated Edison issued an update on its FY18 earnings guidance on Thursday, August, 2nd. The company provided EPS guidance of $4.15-4.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.27.

What price target have analysts set for ED?

10 analysts have issued twelve-month target prices for Consolidated Edison's stock. Their predictions range from $32.00 to $88.00. On average, they anticipate Consolidated Edison's stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. 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.

Who are some of Consolidated Edison's key competitors?

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 institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.21%), Hexavest Inc. (0.20%), Hennessy Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.06%), Rockland Trust Co. (0.02%) and Spearhead Capital Advisors LLC (0.01%). 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 Hennessy Advisors Inc., Monument Capital Management, NEXT Financial Group Inc, CenturyLink Investment Management Co, First Bank & Trust, Viking Fund Management LLC, Pennsylvania Trust Co and Marshwinds Advisory Co.. View Insider Buying and Selling for Consolidated Edison.

Which institutional investors are buying Consolidated Edison stock?

ED stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hexavest Inc., Gyroscope Capital Management Group LLC, State of Alaska Department of Revenue, United Capital Management of KS Inc., Ipswich Investment Management Co. Inc., Personal Capital Advisors Corp and Rockland Trust Co.. 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 $75.28.

How big of a company is Consolidated Edison?

Consolidated Edison has a market capitalization of $23.70 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?

The official website for Consolidated Edison is http://www.conedison.com.

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)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  301 (Vote Outperform)
Underperform Votes:  732 (Vote Underperform)
Total Votes:  1,033
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.
This page was last updated on 10/15/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel