About Consolidated Edison (NYSE:ED)
Consolidated Edison, Inc. (Con Edison) is a holding company. The Company operates through its subsidiaries, which include Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R), Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and Con Edison Transmission, Inc. (Con Edison Transmission). CECONY's principal business operations are its regulated electric, gas and steam delivery businesses. CECONY provides electricity, natural gas and steam to customers in New York City and Westchester County. O&R's principal business operations are its regulated electric and gas delivery businesses. The Clean Energy Businesses develop, own and operate renewable and energy infrastructure projects and provide energy-related products and services to wholesale and retail customers. Con Edison Transmission, through its subsidiaries, invests in electric transmission facilities and gas pipeline and storage facilities.
Industry, Sector and Symbol
Industry Electric & other services combined
Trailing P/E Ratio18.03
Forward P/E Ratio17.31
Sales & Book Value
Annual Sales$12.03 billion
Price / Sales1.90
Cash Flow$8.3975 per share
Price / Cash8.78
Book Value$49.75 per share
Price / Book1.48
EPS (Most Recent Fiscal Year)$4.09
Net Income$1.53 billion
Return on Equity8.61%
Return on Assets2.67%
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, April 19th. Stockholders of record on Wednesday, May 16th will be given a dividend of $0.715 per share on Friday, June 15th. This represents a $2.86 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Tuesday, May 15th. View Consolidated Edison's Dividend History.
How were Consolidated Edison's earnings last quarter?
Consolidated Edison, Inc. (NYSE:ED) announced its quarterly earnings results on Thursday, May, 3rd. The utilities provider reported $1.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.33 by $0.05. The utilities provider had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.23 billion. Consolidated Edison had a net margin of 12.86% and a return on equity of 8.61%. The company's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.27 EPS. View Consolidated Edison's Earnings History.
When is Consolidated Edison's next earnings date?
What guidance has Consolidated Edison issued on next quarter's earnings?
Consolidated Edison issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided EPS guidance of $4.15-4.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.26.
What price target have analysts set for ED?
8 analysts have issued 1-year target prices for Consolidated Edison's shares. Their forecasts range from $71.00 to $92.00. On average, they expect Consolidated Edison's stock price to reach $80.9286 in the next year. View Analyst Ratings for Consolidated Edison.
Who are some of Consolidated Edison's key competitors?
Some companies that are related to Consolidated Edison include Duke Energy (DUK), Exelon (EXC), Public Service Enterprise Group (PEG), E.ON SE Sponsored ADR (Germany) (EONGY), PG&E (PCG), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), Westar Energy (WR), United Utilities Group (UUGRY), SCANA (SCG), ALLETE (ALE) and Avista (AVA).
Who are Consolidated Edison's key executives?
Consolidated Edison's management team includes the folowing people:
- John McAvoy, Chairman of the Board, President, Chief Executive Officer (Age 56)
- Robert N. Hoglund, Chief Financial Officer, Senior Vice President (Age 55)
- Timothy P. Cawley, President and Chief Executive Officer of O&R (Age 52)
- Craig S. Ivey, President of Consolidated Edison Company of New York, Inc. (Age 54)
- Mark Noyes, President, Chief Executive Officer of Con Edison Clean Energy Businesses, Inc (Age 52)
- Joseph P. Oates, President and Chief Executive Officer of Con Edison Transmission, Inc. (Age 55)
- Elizabeth D. Moore, Senior Vice President, General Counsel (Age 62)
- Robert Muccilo, Vice President, Controller (Age 60)
- Yukari Saegusa, Treasurer and Vice President of Consolidated Edison, Inc. (Age 49)
- Gurudatta D. Nadkarni, Vice President - Strategic Planning Consolidated Edison Company of New York, Inc. (Age 51)
Has Consolidated Edison been receiving favorable news coverage?
Headlines about ED stock have been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Consolidated Edison earned a news sentiment score of 0.20 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 45.05 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Consolidated Edison's major shareholders?
Consolidated Edison's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.33%), Northern Trust Corp (1.43%), Legal & General Group Plc (1.00%), Swiss National Bank (0.71%), Robeco Institutional Asset Management B.V. (0.50%) and Royal Bank of Canada (0.41%). 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 Amundi Pioneer Asset Management Inc., United Capital Financial Advisers LLC, JPMorgan Chase & Co., Caisse DE Depot ET Placement DU Quebec, Russell Investments Group Ltd., Northern Trust Corp, Prudential Financial Inc. and California Public Employees Retirement System. Company insiders that have sold Consolidated Edison company stock in the last year include Craig S Ivey and Joseph P Oates. View Insider Buying and Selling for Consolidated Edison.
Which major investors are buying Consolidated Edison stock?
ED stock was bought by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Mackay Shields LLC, Robeco Institutional Asset Management B.V., Forsta AP Fonden, MUFG Securities EMEA plc, Summit Trail Advisors LLC, Pendal Group Ltd and Guggenheim Capital LLC. 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 $73.73.
How big of a company is Consolidated Edison?
Consolidated Edison has a market capitalization of $22.91 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.
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 (ED)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.