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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Consolidated Edison Stock Forecast, Price & News

$97.24
+2.14 (+2.25%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$94.81
$97.51
50-Day Range
$86.88
$100.58
52-Week Range
$71.52
$101.12
Volume
2.03 million shs
Average Volume
2.05 million shs
Market Capitalization
$34.45 billion
P/E Ratio
22.46
Dividend Yield
3.32%
Price Target
$85.55

Consolidated Edison Stock Forecast (MarketRank)

Analyst Rating
Hold
1.64 Rating Score
Upside/​Downside
12.0% Downside
$85.55 Price Target
Short Interest
Healthy
2.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.90
Upright™ Environmental Score
News Sentiment
0.15mentions of Consolidated Edison in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$26.05 K Bought Last Quarter
Proj. Earnings Growth
7.57%
From $4.49 to $4.83 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.29 out of 5 stars

Utilities Sector

21st out of 123 stocks

Electric & Other Services Combined Industry

4th out of 22 stocks

30 days | 90 days | 365 days | Advanced Chart

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Consolidated Edison logo

About Consolidated Edison (NYSE:ED)

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It 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 1,555 customers in parts of Manhattan. The company 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. In addition, it operates 533 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 87,564 in-service line transformers; 3,924 pole miles of overhead distribution lines; and 2,291 miles of underground distribution lines, as well as 4,350 miles of mains and 377,971 service lines for natural gas distribution. Further, the company 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. It primarily sells electricity to industrial, commercial, residential, and government customers. The company was founded in 1823 and is based in New York, New York.

ED Stock News Headlines

What 8 Analyst Ratings Have To Say About Consolidated Edison
Consolidated Edison Becomes Oversold
Power Pivot
Consolidated Edison Reports Q1 EPS of $1.47
See More Headlines

Industry, Sector and Symbol

Industry
Electric & other services combined
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
20911510
Employees
13,871
Year Founded
1823

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/15 Dividend
5/17/2022
Dividend Payable
6/15/2022
Today
7/02/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$85.55
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$68.00
Forecasted Upside/Downside
-12.0%
Consensus Rating
Hold
Rating Score (0-4)
1.63636363636364
Research Coverage
11 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
11.32%

Debt

Sales & Book Value

Annual Sales
$13.68 billion
Cash Flow
$10.55 per share
Book Value
$57.55 per share

Miscellaneous

Free Float
353,834,000
Market Cap
$34.45 billion
Optionable
Optionable
Beta
0.22

Social Links















Consolidated Edison Frequently Asked Questions

Should I buy or sell Consolidated Edison stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 5 sell ratings, 5 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 is Consolidated Edison's stock price forecast for 2022?

11 brokers have issued 12-month price targets for Consolidated Edison's stock. Their ED stock forecasts range from $68.00 to $100.00. On average, they anticipate Consolidated Edison's stock price to reach $85.55 in the next twelve months. This suggests that the stock has a possible downside of 12.0%.
View analysts' price targets for Consolidated Edison
or view top-rated stocks among Wall Street analysts.

How has Consolidated Edison's stock performed in 2022?

Consolidated Edison's stock was trading at $85.32 at the beginning of 2022. Since then, ED stock has increased by 14.0% and is now trading at $97.24.
View the best growth stocks for 2022 here
.

When is Consolidated Edison's next earnings date?

Consolidated Edison is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Consolidated Edison
.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) announced its quarterly earnings data on Thursday, May, 5th. The utilities provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by $0.04. The utilities provider earned $4.06 billion during the quarter, compared to analysts' expectations of $3.71 billion. Consolidated Edison had a trailing twelve-month return on equity of 7.66% and a net margin of 10.88%. During the same quarter last year, the company earned $1.43 EPS.
View Consolidated Edison's earnings history
.

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

Consolidated Edison declared a quarterly dividend on Thursday, April 21st. Shareholders of record on Wednesday, May 18th will be paid a dividend of $0.79 per share on Wednesday, June 15th. This represents a $3.16 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Tuesday, May 17th.
View Consolidated Edison's dividend history
.

Is Consolidated Edison a good dividend stock?

Consolidated Edison(NYSE:ED) pays an annual dividend of $3.16 per share and currently has a dividend yield of 3.32%. Consolidated Edison has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Consolidated Edison is 72.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Consolidated Edison will have a dividend payout ratio of 65.42% 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 2022 earnings guidance on Monday, May, 30th. The company provided EPS guidance of $4.40-$4.60 for the period, compared to the consensus EPS estimate of $4.49. The company issued revenue guidance of -.

Who are Consolidated Edison's key executives?

Consolidated Edison's management team includes the following people:

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.

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 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."

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 $97.24.

How much money does Consolidated Edison make?

Consolidated Edison (NYSE:ED) has a market capitalization of $34.45 billion and generates $13.68 billion in revenue each year. The utilities provider earns $1.35 billion in net income (profit) each year or $4.329990 on an earnings per share basis.

How many employees does Consolidated Edison have?

Consolidated Edison employs 13,871 workers across the globe.

When was Consolidated Edison founded?

Consolidated Edison was founded in 1823.

How can I contact Consolidated Edison?

Consolidated Edison's mailing address is 4 IRVING PLACE, NEW YORK NY, 10003. The official website for Consolidated Edison is www.conedison.com. The utilities provider can be reached via phone at (212) 460-4600, via email at dl-investorrelations@coned.com, or via fax at 212-475-0734.

This page (NYSE:ED) was last updated on 7/2/2022 by MarketBeat.com Staff

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