Consolidated Edison Stock Price, News & Analysis (NYSE:ED)

Consolidated Edison trades on the New York Stock Exchange (NYSE) under the ticker symbol "ED."

Consolidated Edison declared a quarterly dividend on Thursday, July 18th. Investors of record on Wednesday, August 14th will be given a dividend of $0.74 per share on Monday, September 16th. This represents a $2.96 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Tuesday, August 13th. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings data on Thursday, August, 1st. The utilities provider reported $0.58 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.60 by $0.02. The utilities provider had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.67 billion. Consolidated Edison had a net margin of 10.71% and a return on equity of 8.04%. During the same period in the previous year, the business posted $0.61 EPS. View Consolidated Edison's Earnings History.

Consolidated Edison is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Consolidated Edison.

Consolidated Edison issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $4.25-4.45 for the period, compared to the Thomson Reuters consensus estimate of $4.35.

8 equities research analysts have issued 12 month target prices for Consolidated Edison's shares. Their predictions range from $73.00 to $94.00. On average, they anticipate Consolidated Edison's share price to reach $85.01 in the next year. This suggests that the stock has a possible downside of 6.6%. View Analyst Price Targets for Consolidated Edison.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Edison.

Media stories about ED stock have trended very negative on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Consolidated Edison earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Consolidated Edison.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Procter & Gamble (PG), Cisco Systems (CSCO), AbbVie (ABBV), Walmart (WMT), Pfizer (PFE) and Altria Group (MO).

Consolidated Edison's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.10%), Hennessy Advisors Inc. (0.08%), State of Alaska Department of Revenue (0.05%), Baldwin Brothers Inc. MA (0.04%), Assenagon Asset Management S.A. (0.03%) and Rockland Trust Co. (0.02%). Company insiders that own Consolidated Edison stock include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, 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 Assenagon Asset Management S.A., State of Alaska Department of Revenue, CIBC Private Wealth Group LLC, Hennessy Advisors Inc., Gateway Investment Advisers LLC, CenturyLink Investment Management Co, Exane Derivatives and Murphy Capital Management Inc.. View Insider Buying and Selling for Consolidated Edison.

ED stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Pacer Advisors Inc., RB Capital Management LLC, Sumitomo Mitsui DS Asset Management Company Ltd, We Are One Seven LLC, Crossmark Global Holdings Inc., Mitchell Mcleod Pugh & Williams Inc. and Baldwin Brothers Inc. MA. Company insiders that have bought Consolidated Edison stock in the last two years include Craig S Ivey, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, 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, Robinhood, Fidelity and Charles Schwab.

One share of ED stock can currently be purchased for approximately $91.02.

Consolidated Edison has a market capitalization of $30.23 billion and generates $12.34 billion in revenue each year. The utilities provider earns $1.38 billion in net income (profit) each year or $4.32 on an earnings per share basis. Consolidated Edison employs 15,296 workers across the globe.View Additional Information About Consolidated Edison.

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]