QQQ   304.10 (+0.08%)
AAPL   122.64 (-0.36%)
MSFT   214.08 (-0.60%)
FB   282.08 (-1.89%)
GOOGL   1,818.96 (-0.33%)
AMZN   3,191.26 (-0.38%)
TSLA   595.64 (+4.72%)
NVDA   535.75 (-1.11%)
BABA   266.77 (+2.09%)
CGC   28.72 (+1.92%)
GE   10.59 (+1.53%)
MU   70.48 (+1.98%)
AMD   92.19 (-1.65%)
T   29.05 (-0.14%)
NIO   46.66 (-2.75%)
F   9.25 (+0.54%)
ACB   10.93 (-0.18%)
NFLX   499.26 (-0.82%)
BA   237.44 (+6.07%)
GILD   60.63 (-0.82%)
DIS   153.18 (-0.28%)
QQQ   304.10 (+0.08%)
AAPL   122.64 (-0.36%)
MSFT   214.08 (-0.60%)
FB   282.08 (-1.89%)
GOOGL   1,818.96 (-0.33%)
AMZN   3,191.26 (-0.38%)
TSLA   595.64 (+4.72%)
NVDA   535.75 (-1.11%)
BABA   266.77 (+2.09%)
CGC   28.72 (+1.92%)
GE   10.59 (+1.53%)
MU   70.48 (+1.98%)
AMD   92.19 (-1.65%)
T   29.05 (-0.14%)
NIO   46.66 (-2.75%)
F   9.25 (+0.54%)
ACB   10.93 (-0.18%)
NFLX   499.26 (-0.82%)
BA   237.44 (+6.07%)
GILD   60.63 (-0.82%)
DIS   153.18 (-0.28%)
QQQ   304.10 (+0.08%)
AAPL   122.64 (-0.36%)
MSFT   214.08 (-0.60%)
FB   282.08 (-1.89%)
GOOGL   1,818.96 (-0.33%)
AMZN   3,191.26 (-0.38%)
TSLA   595.64 (+4.72%)
NVDA   535.75 (-1.11%)
BABA   266.77 (+2.09%)
CGC   28.72 (+1.92%)
GE   10.59 (+1.53%)
MU   70.48 (+1.98%)
AMD   92.19 (-1.65%)
T   29.05 (-0.14%)
NIO   46.66 (-2.75%)
F   9.25 (+0.54%)
ACB   10.93 (-0.18%)
NFLX   499.26 (-0.82%)
BA   237.44 (+6.07%)
GILD   60.63 (-0.82%)
DIS   153.18 (-0.28%)
QQQ   304.10 (+0.08%)
AAPL   122.64 (-0.36%)
MSFT   214.08 (-0.60%)
FB   282.08 (-1.89%)
GOOGL   1,818.96 (-0.33%)
AMZN   3,191.26 (-0.38%)
TSLA   595.64 (+4.72%)
NVDA   535.75 (-1.11%)
BABA   266.77 (+2.09%)
CGC   28.72 (+1.92%)
GE   10.59 (+1.53%)
MU   70.48 (+1.98%)
AMD   92.19 (-1.65%)
T   29.05 (-0.14%)
NIO   46.66 (-2.75%)
F   9.25 (+0.54%)
ACB   10.93 (-0.18%)
NFLX   499.26 (-0.82%)
BA   237.44 (+6.07%)
GILD   60.63 (-0.82%)
DIS   153.18 (-0.28%)
Log in
NYSE:ED

Consolidated Edison Stock Forecast, Price & News

$76.13
-0.90 (-1.17 %)
(As of 12/3/2020 02:02 PM ET)
Add
Compare
Today's Range
$75.41
Now: $76.13
$77.50
50-Day Range
$76.25
MA: $79.83
$83.05
52-Week Range
$62.03
Now: $76.13
$95.10
Volume45,134 shs
Average Volume2.26 million shs
Market Capitalization$25.49 billion
P/E Ratio18.84
Dividend Yield3.98%
Beta0.16
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 3.5 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 1,589 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 543 circuit miles of transmission lines; 15 transmission substations; 64 distribution substations; 89,395 in-service line transformers; 3,745 pole miles of overhead distribution lines; and 2,200 miles of underground distribution lines, as well as 4,318 miles of mains and 376,306 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 government customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.
Consolidated Edison logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.9Community Rank: 1.5Dividend Strength: 5.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.39 out of 5 stars


Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP20911510
Phone212-460-4600
Employees14,890

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.57 billion
Cash Flow$9.08 per share
Book Value$55.88 per share

Profitability

Net Income$1.34 billion

Miscellaneous

Market Cap$25.49 billion
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$76.13
-0.90 (-1.17 %)
(As of 12/3/2020 02:02 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive ED News and Ratings via Email

Sign-up to receive the latest news and ratings for ED and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Consolidated Edison (NYSE:ED) Frequently Asked Questions

How has Consolidated Edison's stock price been impacted by COVID-19?

Consolidated Edison's stock was trading at $86.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ED stock has decreased by 11.7% and is now trading at $76.39.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Consolidated Edison?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 3 sell ratings, 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Consolidated Edison
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Consolidated Edison?

Wall Street analysts have given Consolidated Edison a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Consolidated Edison wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Consolidated Edison's next earnings date?

Consolidated Edison is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Consolidated Edison
.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings results on Thursday, November, 5th. The utilities provider reported $1.48 earnings per share for the quarter, missing analysts' consensus estimates of $1.51 by $0.03. The utilities provider had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.41 billion. Consolidated Edison had a net margin of 11.06% and a return on equity of 7.77%. During the same quarter last year, the firm earned $1.54 EPS.
View Consolidated Edison's earnings history
.

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

Consolidated Edison announced a quarterly dividend on Thursday, October 22nd. Investors of record on Wednesday, November 18th will be paid a dividend of $0.765 per share on Tuesday, December 15th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend is Tuesday, November 17th.
View Consolidated Edison's dividend history
.

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

Consolidated Edison updated its FY20 earnings guidance on Friday, November, 6th. The company provided EPS guidance of $4.15-4.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.24.

What price target have analysts set for ED?

13 Wall Street analysts have issued twelve-month target prices for Consolidated Edison's stock. Their forecasts range from $73.00 to $88.00. On average, they expect Consolidated Edison's share price to reach $80.42 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
View analysts' price targets for Consolidated Edison
.

Who are some of Consolidated Edison's key 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 The Procter & Gamble (PG).

Who are Consolidated Edison's key executives?

Consolidated Edison's management team includes the following people:
  • Mr. John J. McAvoy, Chairman, Pres & CEO (Age 59, Pay $3.03M)
  • Mr. Robert N. Hoglund, Sr. VP & CFO (Age 58, Pay $1.98M)
  • Mr. Timothy P. Cawley, Pres of Con Edison of New York (Age 55, Pay $1.16M)
  • Mr. Robert Sanchez, Pres & Chief Exec. Officer of Orange and Rockland Utilities, Inc. (Age 54, Pay $986.67k)
  • Mr. Robert Muccilo, Chief Accounting Officer, VP & Controller (Age 64)
  • Mr. Jan C. Childress, Director of Investor Relations
  • Ms. Deneen Lynette Donnley, Sr. VP & Gen. Counsel (Age 55)
  • Mr. James J. Dixon P.E., COO & SVP of Clean Energy Corp., Conedison Solu, Consolidated Edison Dev & Con Edison Energy
  • Mr. Joseph P. Oates, CEO & Pres of Con Edison Transmission, Inc. (Age 58)
  • Yukari Saegusa, VP & Treasurer (Age 52)

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.07%), State Street Corp (6.78%), UBS Asset Management Americas Inc. (0.89%), California Public Employees Retirement System (0.83%), Swiss National Bank (0.76%) and Charles Schwab Investment Management Inc. (0.45%). Company insiders that own Consolidated Edison stock include Deneen L Donnley, 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, Stuart Nachmias 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 AQR Capital Management LLC, Great West Life Assurance Co. Can, Great West Life Assurance Co. Can, Victory Capital Management Inc., Acadian Asset Management LLC, Lansdowne Partners UK LLP, Caisse DE Depot ET Placement DU Quebec, and Federated Hermes Inc..
View insider buying and selling activity for Consolidated Edison
.

Which major investors are buying Consolidated Edison stock?

ED stock was purchased by a variety of institutional investors in the last quarter, including Prudential PLC, State Street Corp, BlackRock Inc., ProShare Advisors LLC, UBS Asset Management Americas Inc., First Trust Advisors LP, NN Investment Partners Holdings N.V., and Kestra Advisory Services LLC. Company insiders that have bought Consolidated Edison stock in the last two years include Deneen L Donnley, 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, Stuart Nachmias, and Timothy Cawley.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Consolidated Edison's stock price today?

One share of ED stock can currently be purchased for approximately $76.39.

How big of a company is Consolidated Edison?

Consolidated Edison has a market capitalization of $25.58 billion and generates $12.57 billion in revenue each year. The utilities provider earns $1.34 billion in net income (profit) each year or $4.37 on an earnings per share basis. Consolidated Edison employs 14,890 workers across the globe.

What is Consolidated Edison's official website?

The official website for Consolidated Edison is 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]

This page was last updated on 12/3/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.