NYSE:ED - Consolidated Edison Stock Price, Price Target & More

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$79.20 -0.26 (-0.33 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$79.46
Today's Range$78.85 - $79.48
52-Week Range$71.12 - $89.70
Volume1.35 million shs
Average Volume2.00 million shs
Market Capitalization$24.69 billion
P/E Ratio19.31
Dividend Yield3.61%
Beta0.07
Consolidated Edison logoConsolidated 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:ED
CUSIP20911510
Phone212-460-4600

Debt

Debt-to-Equity Ratio0.94
Current Ratio0.67
Quick Ratio0.61

Price-To-Earnings

Trailing P/E Ratio19.31
Forward P/E Ratio18.59
P/E Growth4.67

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales2.05
Cash Flow$8.3721 per share
Price / Cash9.46
Book Value$49.75 per share
Price / Book1.59

Profitability

EPS (Most Recent Fiscal Year)$4.09
Net Income$1.53 billion
Net Margins12.86%
Return on Equity8.61%
Return on Assets2.67%

Miscellaneous

Employees15,591
Outstanding Shares310,730,000
Market Cap$24,690.61

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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 paid a dividend of $0.715 per share on Friday, June 15th. This represents a $2.86 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Tuesday, May 15th. View Consolidated Edison's Dividend History.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) issued its earnings results on Thursday, May, 3rd. The utilities provider reported $1.38 earnings per share for the quarter, beating 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 firm's quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.27 earnings per share. View Consolidated Edison's Earnings History.

When is Consolidated Edison's next earnings date?

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Consolidated Edison.

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

Consolidated Edison updated 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 earnings per share estimate of $4.26.

What price target have analysts set for ED?

9 brokerages have issued 12 month target prices for Consolidated Edison's shares. Their forecasts range from $74.00 to $92.00. On average, they anticipate Consolidated Edison's share price to reach $81.6875 in the next year. This suggests a possible upside of 3.1% from the stock's current price. View Analyst Ratings for Consolidated Edison.

What is the consensus analysts' recommendation for Consolidated Edison?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Consolidated Edison's key competitors?

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?

Media stories about ED stock have been trending somewhat negative on Monday, Accern reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Consolidated Edison earned a news sentiment score of -0.01 on Accern's scale. They also assigned news stories about the utilities provider an impact score of 45.76 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Consolidated Edison's major shareholders?

Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Hexavest Inc. (0.18%), Bank of Montreal Can (0.17%), Gateway Investment Advisers LLC (0.11%), State of Alaska Department of Revenue (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.04%) and NN Investment Partners Holdings N.V. (0.02%). 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 institutional investors are selling Consolidated Edison stock?

ED stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Park National Corp OH, NN Investment Partners Holdings N.V., Spirit of America Management Corp NY, Hexavest Inc., Gateway Investment Advisers LLC, CenturyLink Investment Management Co and Reliance Trust Co. of Delaware. 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 institutional investors are buying Consolidated Edison stock?

ED stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, IFM Investors Pty Ltd, Fisher Asset Management LLC, Dalton Greiner Hartman Maher & Co., DnB Asset Management AS and Pennsylvania Trust 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.

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 $79.20.

How big of a company is Consolidated Edison?

Consolidated Edison has a market capitalization of $24.69 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 (NYSE ED)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  260 (Vote Outperform)
Underperform Votes:  691 (Vote Underperform)
Total Votes:  951
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.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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