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

Sign in or create an account to add this stock to your watchlist.
$77.83 -0.95 (-1.21 %)
(As of 07/20/2018 02:19 PM ET)
Previous Close$78.83
Today's Range$77.46 - $78.91
52-Week Range$71.12 - $89.70
Volume52,321 shs
Average Volume1.67 million shs
Market Capitalization$24.40 billion
P/E Ratio19.05
Dividend Yield3.64%
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.

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.

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 Ratio19.05
Forward P/E Ratio18.27
P/E Growth4.61

Sales & Book Value

Annual Sales$12.03 billion
Price / Sales2.01
Cash Flow$8.3241 per share
Price / Cash9.35
Book Value$49.75 per share
Price / Book1.56

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$24,404.77

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. Shareholders of record on Wednesday, August 15th will be given a dividend of $0.715 per share on Monday, September 17th. This represents a $2.86 dividend on an annualized basis and a yield of 3.67%. View Consolidated Edison's Dividend History.

How were Consolidated Edison's earnings last quarter?

Consolidated Edison, Inc. (NYSE:ED) issued its quarterly earnings results on Thursday, May, 3rd. The utilities provider reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.05. The utilities provider earned $3.36 billion during 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 previous year, the company posted $1.27 EPS. 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 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?

9 Wall Street analysts have issued twelve-month price objectives for Consolidated Edison's stock. Their predictions range from $74.00 to $92.00. On average, they expect Consolidated Edison's share price to reach $81.6875 in the next twelve months. This suggests a possible upside of 4.8% 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?

News coverage about ED stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Consolidated Edison earned a news sentiment score of 0.10 on Accern's scale. They also assigned media headlines about the utilities provider an impact score of 44.60 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Consolidated Edison's major shareholders?

Consolidated Edison's stock is owned by a number of of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.19%), Hexavest Inc. (0.18%), Bank of Montreal Can (0.17%), Gateway Investment Advisers LLC (0.11%), Nisa Investment Advisors LLC (0.07%) and Baillie Gifford & Co. (0.06%). 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, Hartford Investment Management Co., Nisa Investment Advisors LLC, Park National Corp OH, Exane Derivatives, NN Investment Partners Holdings N.V., Spirit of America Management Corp NY and Mutual of Omaha Bank Wealth Management. 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Pendal Group Ltd, Municipal Employees Retirement System of Michigan, Baillie Gifford & Co., Campbell & CO Investment Adviser LLC, Calamos Advisors LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. 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 $77.98.

How big of a company is Consolidated Edison?

Consolidated Edison has a market capitalization of $24.40 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:  263 (Vote Outperform)
Underperform Votes:  695 (Vote Underperform)
Total Votes:  958
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 7/20/2018 by MarketBeat.com Staff

Featured Article: What are CEFs?

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.