Lowest-Rated Stocks NYSE:ED Consolidated Edison Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Consolidated Edison, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $97.24 +2.14 (+2.25%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$94.81▼$97.5150-Day Range$86.88▼$100.5852-Week Range$71.52▼$101.12Volume2.03 million shsAverage Volume2.05 million shsMarket Capitalization$34.45 billionP/E Ratio22.46Dividend Yield3.32%Price Target$85.55 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Consolidated Edison Stock Forecast (MarketRank)Analyst RatingHold1.64 Rating ScoreUpside/Downside12.0% Downside$85.55 Price TargetShort InterestHealthy2.22% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.90Upright™ Environmental ScoreNews Sentiment0.15Based on 8 Articles This WeekInsider TradingAcquiring Shares$26.05 K Bought Last QuarterProj. Earnings Growth7.57%From $4.49 to $4.83 Per ShareSee Full Details Hide Full Details 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 starsUtilities Sector21st out of 123 stocksElectric & Other Services Combined Industry4th out of 22 stocks 1.8 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Hold. The company's average rating score is 1.64, and is based on 1 buy rating, 5 hold ratings, and 5 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.55, Consolidated Edison has a forecasted downside of 12.0% from its current price of $97.24.Amount of Analyst CoverageConsolidated Edison has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.22% of the float of Consolidated Edison has been sold short.Short Interest Ratio / Days to CoverConsolidated Edison has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently increased by 7.24%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldConsolidated Edison pays a meaningful dividend of 3.32%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConsolidated Edison has been increasing its dividend for 48 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 72.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 1.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConsolidated Edison has received a 11.61% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with fossil fuels", "Electricity distribution services of electricity produced with nuclear fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for Consolidated Edison is -2.90. Previous Next 1.8 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Consolidated Edison this week, compared to 4 articles on an average week.Search InterestOnly 17 people have searched for ED on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,048.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.13% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions65.73% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 7.57% in the coming year, from $4.49 to $4.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 22.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 61.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 22.46, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 31.63.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 10.36. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConsolidated Edison has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address 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.Read More ED Stock News HeadlinesJune 6, 2022 | insidertrades.comInsiders And Institutions Drive Consolidated Edison To New Highs June 30, 2022 | msn.comRichmond Edison High School football previewJune 27, 2022 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About Consolidated EdisonJune 25, 2022 | nasdaq.com2 Incredible Energy Companies No One Is Talking AboutJune 22, 2022 | msn.comCon Ed, DEP continue to make repairs after sinkhole forms on Upper West SideJune 16, 2022 | finance.yahoo.comConsolidated Edison (ED) Stock Moves -0.66%: What You Should KnowJune 15, 2022 | finance.yahoo.comConsolidated Edison, Inc.: Utility Selloff Now Has Sector Trading in Line With Our Fair Value EstimatesJune 14, 2022 | nasdaq.comConsolidated Edison Becomes OversoldJune 13, 2022 | msn.comLosing the HQ of Raytheon, a homegrown powerhouse, is a reminder that business change is constantJune 13, 2022 | finance.yahoo.comDeveloper returning to Edison zoners with new plan for Charlie Brown'sJune 10, 2022 | finance.yahoo.comConsolidated Edison (ED) Gains As Market Dips: What You Should KnowJune 9, 2022 | bizjournals.comPower PivotJune 7, 2022 | finance.yahoo.comConsolidated Edison, Inc.: Biden Pauses Potential Solar Tariffs; Utilities' Solar Growth Plans on Track as We ExpectedJune 2, 2022 | finance.yahoo.comBitech Technologies Announces Technology Validation for Tesdison Technology with Testing Result from National Technical SystemsMay 26, 2022 | msn.comConsolidated Edison's Return on Invested Capital InsightsMay 24, 2022 | finance.yahoo.comVisa, Con Edison Green Bonds Fail to Meet Standards, CBI SaysMay 20, 2022 | msn.comCon Edison Athlete of the Week: Hen Hud softball's Taeghan DapsonMay 16, 2022 | nasdaq.comEthereum vs. Consolidated Edison: Price Relationship Crosses ThresholdMay 10, 2022 | 247wallst.comCon Edison, one of Wall Street’s oldest stocks, plots new path on Electric AvenueMay 6, 2022 | finance.yahoo.comConsolidated Edison, Inc.: ConEd's Three-Year Rate Review in New York Will Determine Growth PotentialMay 6, 2022 | markets.businessinsider.comConsolidated Edison earnings preview: what Wall Street is expectingMay 6, 2022 | investing.comConsolidated Edison Reports Q1 EPS of $1.47May 6, 2022 | nasdaq.comConsolidated Edison Inc. Q1 Profit Increases, but misses estimatesMay 5, 2022 | seekingalpha.comConsolidated Edison Non-GAAP EPS of $1.47 misses by $0.01, revenue of $4.06B beats by $350MMay 5, 2022 | au.investing.comConsolidated Edison Misses Q1 EPS by 1c, Offers GuidanceSee More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Electric & other services combined Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees13,871Year Founded1823Company Calendar Last Earnings5/05/2022Ex-Dividend for 6/15 Dividend5/17/2022Dividend Payable6/15/2022Today7/02/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price 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 RatingHold Rating Score (0-4)1.63636363636364 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.329990 Trailing P/E Ratio22.46 Forward P/E Ratio21.66 P/E Growth10.36Net Income$1.35 billion Net Margins10.88% Pretax Margin11.32% Return on Equity7.66% Return on Assets2.47% Debt Debt-to-Equity Ratio1.10 Current Ratio1.01 Quick Ratio0.93 Sales & Book Value Annual Sales$13.68 billion Price / Sales2.52 Cash Flow$10.55 per share Price / Cash Flow9.22 Book Value$57.55 per share Price / Book1.69Miscellaneous Outstanding Shares354,295,000Free Float353,834,000Market Cap$34.45 billion OptionableOptionable Beta0.22 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: Mr. Timothy P. Cawley, Chairman, Pres & CEO (Age 57, Pay $3.29M)Mr. Robert N. Hoglund, Sr. VP & CFO (Age 60, Pay $1.84M)Ms. Deneen Lynette Donnley, Sr. VP & Gen. Counsel (Age 57, Pay $1.34M)Mr. Robert Sanchez, Pres & CEO of Orange and Rockland Utilities, Inc. (Age 56, Pay $1.07M) (LinkedIn Profile)Mr. Matthew Ketschke, Pres of Consolidated Edison Company of New York, Inc. (Age 50, Pay $1.32M) (LinkedIn Profile)Mr. Joseph Miller, VP, Controller & Principal Accounting Officer (Age 59) (LinkedIn Profile)Mr. Jan C. Childress, Director of Investor RelationsMr. Yukari Saegusa, VP & Treasurer (Age 54) (LinkedIn Profile)Mr. Mark A. Noyes, CEO & Pres of Con Edison Clean Energy Bus.es, Inc. (Age 57)Sylvia V. Dooley, VP & Corp. Sec. 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? Some companies that are related to Consolidated Edison include Dominion Energy (D), Sempra (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), PG&E (PCG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), CenterPoint Energy (CNP), NiSource (NI), MDU Resources Group (MDU), Black Hills (BKH) and Avista (AVA). View all of ED's 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 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 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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