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

Consolidated Edison trades on the New York Stock Exchange (NYSE) under the ticker symbol "ED."

Consolidated Edison announced a quarterly dividend on Thursday, January 16th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.765 per share on Monday, March 16th. This represents a $3.06 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Consolidated Edison's previous quarterly dividend of $0.74. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) announced its quarterly earnings data on Monday, November, 4th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.58 by $0.04. The utilities provider earned $3.37 billion during the quarter, compared to the consensus estimate of $3.50 billion. Consolidated Edison had a net margin of 10.98% and a return on equity of 7.92%. During the same period in the previous year, the firm earned $1.57 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY19 earnings guidance on Monday, November, 4th. The company provided EPS guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.36.

11 analysts have issued 1 year target prices for Consolidated Edison's shares. Their forecasts range from $78.07 to $98.00. On average, they expect Consolidated Edison's share price to reach $91.01 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Consolidated Edison.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Media headlines about ED stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consolidated Edison earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the immediate future. View News Stories for Consolidated Edison.

Some companies that are related to Consolidated Edison include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Exxon Mobil (XOM), Johnson & Johnson (JNJ), AbbVie (ABBV), Procter & Gamble (PG), Cisco Systems (CSCO), Altria Group (MO), Pfizer (PFE) and Walmart (WMT).

Consolidated Edison's stock is owned by a number of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.83%), Boston Trust Walden Corp (0.19%), New York State Teachers Retirement System (0.13%), Welch Group LLC (0.10%), Gateway Investment Advisers LLC (0.09%) and Hennessy Advisors Inc. (0.08%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Institutional Ownership Trends for Consolidated Edison.

ED stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Assenagon Asset Management S.A., Gateway Investment Advisers LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, NEXT Financial Group Inc, New York State Teachers Retirement System, Rockland Trust Co. and Dupont Capital Management Corp. View Insider Buying and Selling for Consolidated Edison.

ED stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Zurcher Kantonalbank Zurich Cantonalbank, Arizona State Retirement System, State of Alaska Department of Revenue, Strs Ohio, J.W. Cole Advisors Inc., DNB Asset Management AS and Chapwood Capital Investment Management LLC. Company insiders that have bought Consolidated Edison stock in the last two years include Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla and Timothy Cawley. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ED stock can currently be purchased for approximately $94.18.

Consolidated Edison has a market capitalization of $31.31 billion and generates $12.34 billion in revenue each year. The utilities provider earns $1.38 billion in net income (profit) each year or $4.32 on an earnings per share basis. Consolidated Edison employs 15,296 workers across the globe.View Additional Information About Consolidated Edison.

The official website for Consolidated Edison is http://www.conedison.com/.

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]