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 announced a quarterly dividend on Thursday, January 17th. Investors of record on Wednesday, February 13th will be given a dividend of $0.74 per share on Friday, March 15th. This represents a $2.96 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend is Tuesday, February 12th. This is a positive change from Consolidated Edison's previous quarterly dividend of $0.72. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) issued its quarterly earnings data on Thursday, November, 1st. The utilities provider reported $1.57 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.11. The utilities provider earned $3.33 billion during the quarter, compared to the consensus estimate 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 previous year, the business earned $1.47 earnings per share. 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.

11 analysts have issued twelve-month price objectives for Consolidated Edison's shares. Their predictions range from $32.00 to $84.00. On average, they anticipate Consolidated Edison's share price to reach $75.5070 in the next year. This suggests that the stock has a possible downside of 4.4%. 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 5 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Headlines about ED stock have been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consolidated Edison earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.

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), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), PG&E (PCG), United Utilities Group (UUGRY), SCANA (SCG), 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. (9.29%), Geode Capital Management LLC (1.43%), Northern Trust Corp (1.37%), Bank of New York Mellon Corp (1.36%), Legal & General Group Plc (1.20%) and APG Asset Management N.V. (0.88%). 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 Principal Financial Group Inc., APG Asset Management N.V., Payden & Rygel, Bank of Montreal Can, Bank of Nova Scotia, Martingale Asset Management L P, Squarepoint Ops LLC and Mackay Shields LLC. View Insider Buying and Selling for Consolidated Edison.

ED stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, BlackRock Inc., D. E. Shaw & Co. Inc., Zimmer Partners LP, Unigestion Holding SA, Bank of New York Mellon Corp and California Public Employees Retirement System. 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 $79.01.

Consolidated Edison has a market capitalization of $24.61 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]