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 3.4 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 1,600 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 532 circuit miles of transmission lines; 39 transmission substations; 62 distribution substations; 85,835 in-service line transformers; 3,743 pole miles of overhead distribution lines; and 2,138 miles of underground distribution lines, as well as 4,395 miles of mains and 317,236 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 governmental customers. Consolidated Edison, Inc. was founded in 1884 and is based in New York, New York.
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 Ratio0.97
Current Ratio0.63
Quick Ratio0.57
Price-To-Earnings
Trailing P/E Ratio19.31
Forward P/E Ratio18.63
P/E Growth6.14
Sales & Book Value
Annual Sales$12.03 billion
Price / Sales2.06
Cash Flow$8.5011 per share
Price / Cash9.36
Book Value$49.75 per share
Price / Book1.60
Profitability
EPS (Most Recent Fiscal Year)$4.09
Net Income$1.53 billion
Net Margins12.90%
Return on Equity8.52%
Return on Assets2.70%
Miscellaneous
Employees15,591
Outstanding Shares311,100,000
Market Cap$24.47 billion
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, July 19th. Investors of record on Wednesday, August 15th will be paid a dividend of $0.715 per share on Monday, September 17th. This represents a $2.86 annualized dividend and a yield of 3.60%. The ex-dividend date is Tuesday, August 14th. View Consolidated Edison's Dividend History.
How were Consolidated Edison's earnings last quarter?
Consolidated Edison, Inc. (NYSE:ED) announced its quarterly earnings data on Thursday, August, 2nd. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.04. The utilities provider earned $2.70 billion during the quarter, compared to analysts' expectations of $2.64 billion. Consolidated Edison had a net margin of 12.90% and a return on equity of 8.52%. During the same period in the prior year, the business earned $0.58 earnings per share. 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 updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share guidance of $4.15-4.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.27.
What price target have analysts set for ED?
11 equities research analysts have issued twelve-month price targets for Consolidated Edison's stock. Their predictions range from $32.00 to $92.00. On average, they anticipate Consolidated Edison's share price to reach $76.1667 in the next year. This suggests that the stock has a possible downside of 4.1%. View Analyst Price Targets for Consolidated Edison.
What is the consensus analysts' recommendation for Consolidated Edison?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 5 sell ratings, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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), PG&E (PCG), WEC Energy Group (WEC), E.ON SE Sponsored ADR (Germany) (EONGY), 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:
- Mr. John J. McAvoy, Chairman, Pres & CEO (Age 57)
- Mr. Robert N. Hoglund, Sr. VP & CFO (Age 56)
- Ms. Elizabeth D. Moore Esq., Sr. VP & Gen. Counsel (Age 63)
- Mr. Robert Muccilo, Chief Accounting Officer, VP & Controller (Age 62)
- Mr. Jan C. Childress, Director of Investor Relations
Has Consolidated Edison been receiving favorable news coverage?
News stories about ED stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Consolidated Edison earned a daily sentiment score of 0.13 on Accern's scale. They also gave headlines about the utilities provider an impact score of 46.45 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Consolidated Edison.
Who are Consolidated Edison's major shareholders?
Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.90%), Legal & General Group Plc (1.04%), Janus Henderson Group PLC (0.95%), Bank of New York Mellon Corp (0.94%), Renaissance Technologies LLC (0.91%) and Swiss National Bank (0.73%). 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 Janus Henderson Group PLC, LSV Asset Management, Morgan Stanley, Canada Pension Plan Investment Board, Russell Investments Group Ltd., Bank of America Corp DE, Renaissance Technologies LLC and Forsta AP Fonden. 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 BlackRock Inc., Assenagon Asset Management S.A., FMR LLC, Unigestion Holding SA, Federated Investors Inc. PA, Legal & General Group Plc, United Services Automobile Association and BNP Paribas Arbitrage SA. 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 $79.45.
How big of a company is Consolidated Edison?
Consolidated Edison has a market capitalization of $24.47 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)
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.
