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 declared a quarterly dividend on Thursday, October 18th. Stockholders of record on Wednesday, November 14th will be given a dividend of $0.715 per share on Monday, December 17th. This represents a $2.86 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Tuesday, November 13th. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings data on Thursday, November, 1st. The utilities provider reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.46 by $0.11. The utilities provider had revenue of $3.33 billion for the quarter, compared to analysts' expectations of $3.17 billion. Consolidated Edison had a return on equity of 8.64% and a net margin of 12.60%. During the same quarter in the prior year, the company posted $1.47 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Consolidated Edison.

Consolidated Edison updated its FY18 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $4.25-4.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.26.

11 equities research analysts have issued 1 year price objectives for Consolidated Edison's shares. Their forecasts range from $32.00 to $88.00. On average, they expect Consolidated Edison's share price to reach $76.10 in the next twelve months. This suggests that the stock has a possible downside of 9.2%. 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 4 sell ratings, 6 hold ratings and 1 buy rating 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, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consolidated Edison earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Consolidated Edison saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 20,373,451 shares, an increase of 45.7% from the November 15th total of 13,982,759 shares. Based on an average trading volume of 2,520,809 shares, the days-to-cover ratio is currently 8.1 days. Currently, 6.6% of the shares of the stock are sold short. View Consolidated Edison's Current Options Chain.

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), PG&E (PCG), Alliant Energy (LNT), NiSource (NI), SCANA (SCG), United Utilities Group (UUGRY), ALLETE (ALE), NorthWestern (NWE) and Avista (AVA).

Consolidated Edison's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.95%), Vanguard Group Inc. (7.68%), Vanguard Group Inc (7.68%), AQR Capital Management LLC (2.65%), Bank of New York Mellon Corp (1.15%) and Legal & General Group Plc (1.14%). 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 AQR Capital Management LLC, Deutsche Bank AG, Assenagon Asset Management S.A., FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Janus Henderson Group PLC, Morgan Stanley and Canada Pension Plan Investment Board. View Insider Buying and Selling for Consolidated Edison.

ED stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Vanguard Group Inc, Vanguard Group Inc., Legal & General Group Plc, Renaissance Technologies LLC, BlackRock Inc., JPMorgan Chase & Co. and JPMorgan Chase & Co.. 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 $83.83.

Consolidated Edison has a market capitalization of $26.11 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.

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]