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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
As Musk is learning, content moderation is a messy job
The Small Biotech Scaring Big Pharma (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
As Musk is learning, content moderation is a messy job
The Small Biotech Scaring Big Pharma (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
As Musk is learning, content moderation is a messy job
The Small Biotech Scaring Big Pharma (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids

Consolidated Edison - ED Stock Forecast, Price & News

$97.35
-0.50 (-0.51%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$96.70
$97.71
50-Day Range
$79.47
$98.04
52-Week Range
$78.10
$102.21
Volume
1.72 million shs
Average Volume
1.84 million shs
Market Capitalization
$34.55 billion
P/E Ratio
20.41
Dividend Yield
3.25%
Price Target
$84.50

Consolidated Edison MarketRank™ Forecast

Analyst Rating
Hold
1.73 Rating Score
Upside/​Downside
13.2% Downside
$84.50 Price Target
Short Interest
Healthy
2.06% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.18
Upright™ Environmental Score
News Sentiment
0.44mentions of Consolidated Edison in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$56,376 Bought Last Quarter
Proj. Earnings Growth
6.37%
From $4.55 to $4.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Utilities Sector

20th out of 89 stocks

Electric & Other Services Combined Industry

3rd out of 18 stocks

ED stock logo

About Consolidated Edison (NYSE:ED) Stock

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.

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ED Stock News Headlines

Crush Wall Street With Just Two Trades per Month
3 High Yields The Institutions Are Buying 
Consolidated Edison: Not The Time To Consolidate
Consolidated Edison Inc. Q3 Profit Increases, beats estimates
See More Headlines
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ED Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 9/15 Dividend
8/16/2022
Dividend Payable
9/15/2022
Ex-Dividend for 12/15 Dividend
11/15/2022
Today
12/04/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$84.50
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$69.00
Forecasted Upside/Downside
-13.2%
Consensus Rating
Hold
Rating Score (0-4)
1.73
Research Coverage
11 Analysts

Profitability

Net Income
$1.35 billion
Pretax Margin
12.88%

Debt

Sales & Book Value

Annual Sales
$13.68 billion
Cash Flow
$10.08 per share
Book Value
$59.11 per share

Miscellaneous

Free Float
354,402,000
Market Cap
$34.55 billion
Optionable
Optionable
Beta
0.34

Social Links


Key Executives

  • Mr. Timothy P. Cawley (Age 57)
    Chairman, Pres & CEO
    Comp: $3.29M
  • Mr. Robert N. HoglundMr. Robert N. Hoglund (Age 60)
    Sr. VP & CFO
    Comp: $1.84M
  • Ms. Deneen Lynette Donnley (Age 57)
    Sr. VP & Gen. Counsel
    Comp: $1.34M
  • Mr. Robert  SanchezMr. Robert Sanchez (Age 56)
    Pres & CEO of Orange and Rockland Utilities, Inc.
    Comp: $1.07M
  • Mr. Matthew  KetschkeMr. Matthew Ketschke (Age 50)
    Pres of Consolidated Edison Company of New York, Inc.
    Comp: $1.32M
  • Mr. Joseph  MillerMr. Joseph Miller (Age 59)
    VP, Controller & Principal Accounting Officer
  • Mr. Jan C. Childress
    Director of Investor Relations
  • Mr. Yukari  SaegusaMr. Yukari Saegusa (Age 54)
    VP & Treasurer
  • Mr. Mark A. Noyes (Age 57)
    CEO & Pres of Con Edison Clean Energy Bus.es, Inc.
  • Sylvia V. Dooley
    VP & Corp. Sec.













ED Stock - Frequently Asked Questions

Should I buy or sell Consolidated Edison stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last twelve months. There are currently 4 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ED shares. 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 ED analyst ratings
or view top-rated stocks.

What is Consolidated Edison's stock price forecast for 2023?

11 brokers have issued 12-month target prices for Consolidated Edison's stock. Their ED share price forecasts range from $69.00 to $96.00. On average, they expect the company's share price to reach $84.50 in the next year. This suggests that the stock has a possible downside of 13.2%.
View analysts price targets for ED
or view top-rated stocks among Wall Street analysts.

How have ED shares performed in 2022?

Consolidated Edison's stock was trading at $85.32 at the start of the year. Since then, ED shares have increased by 14.1% and is now trading at $97.35.
View the best growth stocks for 2022 here
.

When is Consolidated Edison's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our ED earnings forecast
.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) announced its earnings results on Thursday, November, 4th. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.45 by $0.04. The utilities provider had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.46 billion. Consolidated Edison had a net margin of 11.25% and a trailing twelve-month return on equity of 8.17%. During the same period in the prior year, the company posted $1.48 earnings per share.

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

Consolidated Edison declared a quarterly dividend on Thursday, October 20th. Investors of record on Wednesday, November 16th will be paid a dividend of $0.79 per share on Thursday, December 15th. This represents a $3.16 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Tuesday, November 15th.
Read our dividend analysis for ED
.

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 3.23%. The company 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 is 66.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ED will have a dividend payout ratio of 65.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ED.

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

Consolidated Edison updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $4.50-$4.60 for the period, compared to the consensus estimate of $4.51. The company issued revenue guidance of -.

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

211 employees have rated Consolidated Edison Chief Executive Officer John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among the company'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."

Who are Consolidated Edison's major shareholders?

Consolidated Edison's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.10%), Vanguard Group Inc. (12.09%), State Street Corp (7.91%), Lazard Asset Management LLC (1.35%), UBS Asset Management Americas Inc. (1.15%) and Bank of New York Mellon Corp (0.87%). Insiders that own company stock include Deneen L Donnley, Frances Resheske, Gurudatta D Nadkarni, Gurudatta D Nadkarni, John Mcavoy, Joseph Miller, La Bastide Lore De, Matthew Ketschke, Nancy Shannon, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Stuart Nachmias, Timothy Cawley and Yukari Saegusa.
View institutional ownership trends
.

How do I buy shares of Consolidated Edison?

Shares of ED stock 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 $97.35.

How much money does Consolidated Edison make?

Consolidated Edison (NYSE:ED) has a market capitalization of $34.55 billion and generates $13.68 billion in revenue each year. The utilities provider earns $1.35 billion in net income (profit) each year or $4.77 on an earnings per share basis.

How many employees does Consolidated Edison have?

The company employs 13,871 workers across the globe.

How can I contact Consolidated Edison?

Consolidated Edison's mailing address is 4 IRVING PLACE, NEW YORK NY, 10003. The official website for the company 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 12/4/2022 by MarketBeat.com Staff