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

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$76.74 +0.23 (+0.30 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$76.51
Today's Range$76.05 - $77.36
52-Week Range$71.12 - $84.32
Volume2.75 million shs
Average Volume2.30 million shs
Market Capitalization$23.90 billion
P/E Ratio18.76
Dividend Yield3.71%
Beta0.13
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.

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Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP20911510
Phone212-460-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.03 billion
Cash Flow$8.4237 per share
Book Value$49.75 per share

Profitability

Net Income$1.53 billion

Miscellaneous

Employees15,591
Market Cap$23.90 billion
OptionableOptionable

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 declared a quarterly dividend on Thursday, January 17th. Stockholders of record on Wednesday, February 13th will be given a dividend of $0.74 per share on Friday, March 15th. This represents a $2.96 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Tuesday, February 12th. This is a boost from Consolidated Edison's previous quarterly dividend of $0.72. View Consolidated Edison's Dividend History.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) posted its earnings results on Thursday, November, 1st. The utilities provider reported $1.57 EPS for the quarter, topping the Zacks' consensus estimate of $1.46 by $0.11. The utilities provider had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.17 billion. Consolidated Edison had a return on equity of 8.64% and a net margin of 12.60%. During the same period in the previous year, the firm earned $1.47 EPS. 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, February 21st 2019. View Earnings Estimates for Consolidated Edison.

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

Consolidated Edison updated its FY18 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus estimate of $4.26.

What price target have analysts set for ED?

10 equities research analysts have issued 1-year target prices for Consolidated Edison's stock. Their forecasts range from $32.00 to $84.00. On average, they expect Consolidated Edison's share price to reach $74.7778 in the next year. This suggests that the stock has a possible downside of 1.8%. 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 and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Has Consolidated Edison been receiving favorable news coverage?

Media coverage about ED stock has trended very positive this week, according to InfoTrie. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Consolidated Edison earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Are investors shorting Consolidated Edison?

Consolidated Edison saw a drop in short interest in the month of December. As of December 14th, there was short interest totalling 13,089,859 shares, a drop of 35.8% from the November 30th total of 20,373,451 shares. Based on an average daily trading volume, of 2,639,101 shares, the short-interest ratio is currently 5.0 days. Approximately 4.2% of the company's shares are sold short. View Consolidated Edison's Current Options Chain.

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 58)
  • Mr. Robert N. Hoglund, Sr. VP & CFO (Age 57)
  • Ms. Elizabeth D. Moore Esq., Sr. VP & Gen. Counsel (Age 64)
  • Mr. Robert Muccilo, Chief Accounting Officer, VP & Controller (Age 63)
  • Mr. Jan C. Childress, Director of Investor Relations

Who are Consolidated Edison's major shareholders?

Consolidated Edison's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.20%), BTIM Corp. (0.18%), Gateway Investment Advisers LLC (0.11%), Welch Group LLC (0.10%), Hennessy Advisors Inc. (0.09%) and Nisa Investment Advisors LLC (0.07%). 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 major investors are selling Consolidated Edison stock?

ED stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Hennessy Advisors Inc., Hexavest Inc., Oakbrook Investments LLC, First Hawaiian Bank, Louisiana State Employees Retirement System, Park National Corp OH and Marshwinds Advisory Co.. View Insider Buying and Selling for Consolidated Edison.

Which major investors are buying Consolidated Edison stock?

ED stock was acquired by a variety of institutional investors in the last quarter, including Weather Gauge Advisory LLC, Virtu Financial LLC, Fox Run Management L.L.C., State of Alaska Department of Revenue, BTIM Corp., Welch Group LLC, Nisa Investment Advisors LLC and Personal Capital Advisors Corp. 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 $76.15.

How big of a company is Consolidated Edison?

Consolidated Edison has a market capitalization of $23.72 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:  316 (Vote Outperform)
Underperform Votes:  743 (Vote Underperform)
Total Votes:  1,059
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 1/22/2019 by MarketBeat.com Staff

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