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S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
S&P 500   3,829.34
DOW   31,402.01
QQQ   312.83
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Consolidated Edison Stock Forecast, Price & News

+0.50 (+0.75 %)
(As of 02/25/2021 12:00 AM ET)
Today's Range
Now: $67.15
50-Day Range
MA: $69.93
52-Week Range
Now: $67.15
Volume2.17 million shs
Average Volume2.72 million shs
Market Capitalization$22.99 billion
P/E Ratio16.62
Dividend Yield4.65%
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 3.5 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 1,589 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 543 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 89,395 in-service line transformers; 3,745 pole miles of overhead distribution lines; and 2,200 miles of underground distribution lines, as well as 4,318 miles of mains and 376,306 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 government customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.
Consolidated Edison logo

Industry, Sector and Symbol

Industry Electric & other services combined
Year Founded1823



Sales & Book Value

Annual Sales$12.57 billion
Cash Flow$9.06 per share
Book Value$54.79 per share


Net Income$1.34 billion


Market Cap$22.99 billion
Next Earnings Date5/6/2021 (Estimated)


Overall MarketRank

2.58 out of 5 stars

Utilities Sector

6th out of 274 stocks

Electric & Other Services Combined Industry

2nd out of 27 stocks

Analyst Opinion: 2.9Community Rank: 1.5Dividend Strength: 5.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
+0.50 (+0.75 %)
(As of 02/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Consolidated Edison (NYSE:ED) Frequently Asked Questions

Is Consolidated Edison a buy right now?

14 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, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Consolidated Edison stock. 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 analyst ratings for Consolidated Edison
or view top-rated stocks.

What stocks does MarketBeat like better than Consolidated Edison?

Wall Street analysts have given Consolidated Edison a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Consolidated Edison wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Consolidated Edison?

Consolidated Edison saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 7,060,000 shares, a decline of 19.1% from the December 31st total of 8,730,000 shares. Based on an average trading volume of 2,580,000 shares, the days-to-cover ratio is presently 2.7 days.
View Consolidated Edison's Short Interest

When is Consolidated Edison's next earnings date?

Consolidated Edison is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Consolidated Edison

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) released its quarterly earnings results on Wednesday, February, 17th. The utilities provider reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by $0.01. Consolidated Edison had a net margin of 11.06% and a trailing twelve-month return on equity of 7.77%. During the same period in the previous year, the business posted $0.87 earnings per share.
View Consolidated Edison's earnings history

How has Consolidated Edison's stock price been impacted by Coronavirus (COVID-19)?

Consolidated Edison's stock was trading at $86.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ED shares have decreased by 22.4% and is now trading at $67.15.
View which stocks have been most impacted by COVID-19

How often does Consolidated Edison pay dividends? What is the dividend yield for Consolidated Edison?

Consolidated Edison declared a quarterly dividend on Thursday, January 21st. Stockholders of record on Wednesday, February 17th will be given a dividend of $0.775 per share on Monday, March 15th. This represents a $3.10 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date is Tuesday, February 16th. This is an increase from Consolidated Edison's previous quarterly dividend of $0.77.
View Consolidated Edison's dividend history

Is Consolidated Edison a good dividend stock?

Consolidated Edison pays an annual dividend of $3.10 per share and currently has a dividend yield of 4.65%. ED has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Consolidated Edison has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Consolidated Edison is 70.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Consolidated Edison will have a dividend payout ratio of 69.51% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend.
View Consolidated Edison's dividend history.

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

Consolidated Edison updated its FY 2021 After-Hours earnings guidance on Thursday, February, 18th. The company provided earnings per share (EPS) guidance of 4.15-4.35 for the period, compared to the Thomson Reuters consensus estimate of $4.36.

What price target have analysts set for ED?

14 equities research analysts have issued twelve-month price targets for Consolidated Edison's shares. Their forecasts range from $65.00 to $88.00. On average, they expect Consolidated Edison's share price to reach $76.12 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
View analysts' price targets for Consolidated Edison
or view top-rated stocks among Wall Street analysts.

Who are Consolidated Edison's key executives?

Consolidated Edison's management team includes the following people:
  • Mr. Timothy P. Cawley, Pres, CEO & Director (Age 56, Pay $1.16M)
  • Mr. Robert N. Hoglund, Sr. VP & CFO (Age 59, Pay $1.98M)
  • Mr. Robert Sanchez, Pres & Chief Exec. Officer of Orange and Rockland Utilities, Inc. (Age 55, Pay $986.67k)
  • Mr. Joseph Miller, VP, Controller & Principal Accounting Officer (Age 58)
  • Mr. Jan C. Childress, Director of Investor Relations
  • Ms. Deneen Lynette Donnley, Sr. VP & Gen. Counsel (Age 56) (LinkedIn Profile)
  • Mr. James J. Dixon P.E., COO & SVP of Clean Energy Corp., Conedison Solu, Consolidated Edison Dev & Con Edison Energy
  • Mr. Joseph P. Oates, CEO & Pres of Con Edison Transmission, Inc. (Age 59)
  • Mr. Yukari Saegusa, VP & Treasurer (Age 53) (LinkedIn Profile)
  • Mr. Mark A. Noyes, CEO and Pres of Clean Energy Corp., Conedison Solu, Conso Edison Dev & Con Edison Energy (Age 56)

What is John McAvoy's approval rating as Consolidated Edison's CEO?

211 employees have rated Consolidated Edison CEO John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among Consolidated Edison's employees. This puts John McAvoy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Consolidated Edison's key competitors?

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 The 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.14%), Lazard Asset Management LLC (1.87%), Northern Trust Corp (1.19%), California Public Employees Retirement System (0.81%), Bank of New York Mellon Corp (0.80%) and Swiss National Bank (0.75%). Company insiders that own Consolidated Edison stock include Deneen L Donnley, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Matthew Ketschke, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Stuart Nachmias and Timothy Cawley.
View institutional ownership trends for Consolidated Edison

Which major investors are selling Consolidated Edison stock?

ED stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Prudential PLC, Assetmark Inc., Boston Trust Walden Corp, Robeco Institutional Asset Management B.V., Payden & Rygel, Lazard Asset Management LLC, and Northern Trust Corp.
View insider buying and selling activity for Consolidated Edison
or view top insider-selling stocks.

Which major investors are buying Consolidated Edison stock?

ED stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Caas Capital Management LP, JPMorgan Chase & Co., Morgan Stanley, Assenagon Asset Management S.A., Nuveen Asset Management LLC, Squarepoint Ops LLC, and NN Investment Partners Holdings N.V.. Company insiders that have bought Consolidated Edison stock in the last two years include Deneen L Donnley, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Matthew Ketschke, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Stuart Nachmias, and Timothy Cawley.
View insider buying and selling activity for Consolidated Edison
or or view top insider-buying stocks.

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 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 $67.15.

How much money does Consolidated Edison make?

Consolidated Edison has a market capitalization of $22.99 billion and generates $12.57 billion in revenue each year. The utilities provider earns $1.34 billion in net income (profit) each year or $4.37 on an earnings per share basis.

How many employees does Consolidated Edison have?

Consolidated Edison employs 14,890 workers across the globe.

When was Consolidated Edison founded?

Consolidated Edison was founded in 1823.

What is Consolidated Edison's official website?

The official website for Consolidated Edison is www.conedison.com.

Where are Consolidated Edison's headquarters?

Consolidated Edison is headquartered at 4 IRVING PLACE, NEW YORK NY, 10003.

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]

This page was last updated on 2/26/2021 by MarketBeat.com Staff

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