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

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

Consolidated Edison announced a quarterly dividend on Thursday, January 17th. Investors of record on Wednesday, February 13th will be paid a dividend of $0.74 per share on Friday, March 15th. This represents a $2.96 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, February 12th. This is a positive change from Consolidated Edison's previous quarterly dividend of $0.72. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) issued its earnings results on Thursday, February, 21st. The utilities provider reported $0.77 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.75 by $0.02. The utilities provider earned $2.95 billion during the quarter, compared to the consensus estimate of $2.89 billion. Consolidated Edison had a return on equity of 8.42% and a net margin of 11.20%. The company's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 earnings per share. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Consolidated Edison.

Consolidated Edison issued an update on its FY19 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $4.25 to $4.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.28. Consolidated Edison also updated its FY 2019 guidance to $4.25-4.45 EPS.

13 analysts have issued 1-year price targets for Consolidated Edison's stock. Their predictions range from $32.00 to $85.00. On average, they anticipate Consolidated Edison's share price to reach $76.5058 in the next year. This suggests that the stock has a possible downside of 9.9%. View Analyst Price Targets for Consolidated Edison.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 6 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

News stories about ED stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Consolidated Edison earned a coverage optimism score of 0.5 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near future.

Some companies that are related to Consolidated Edison include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE), 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), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Procter & Gamble (PG), Cisco Systems (CSCO), Pfizer (PFE), Intel (INTC), General Electric (GE) and AbbVie (ABBV).

Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.29%), Geode Capital Management LLC (1.43%), Northern Trust Corp (1.37%), Bank of New York Mellon Corp (1.36%), Legal & General Group Plc (1.20%) and Norges Bank (1.12%). 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.

ED stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Principal Financial Group Inc., APG Asset Management N.V., Payden & Rygel, Bank of Montreal Can, Bank of Nova Scotia, Martingale Asset Management L P and Squarepoint Ops LLC. View Insider Buying and Selling for Consolidated Edison.

ED stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Millennium Management LLC, BlackRock Inc., D. E. Shaw & Co. Inc., Zimmer Partners LP, Unigestion Holding SA and Bank of New York Mellon 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.

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.

One share of ED stock can currently be purchased for approximately $84.91.

Consolidated Edison has a market capitalization of $27.26 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.

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]