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. Stockholders 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 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend is Tuesday, August 13th. View Consolidated Edison's Dividend History.

Consolidated Edison, Inc. (NYSE:ED) posted its earnings results on Thursday, August, 1st. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 return on equity of 8.04% and a net margin of 10.71%. During the same quarter in the prior year, the company posted $0.61 earnings per share. 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 guidance of $4.25-4.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.35.

8 equities research analysts have issued 1-year price objectives for Consolidated Edison's shares. Their predictions range from $73.00 to $94.00. On average, they expect Consolidated Edison's share price to reach $85.01 in the next year. This suggests that the stock has a possible downside of 7.0%. 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.

News stories about ED stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Consolidated Edison earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the utilities provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. 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 many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.41%), Gateway Investment Advisers LLC (0.10%), Hennessy Advisors Inc. (0.08%), Commerzbank Aktiengesellschaft FI (0.08%), Nisa Investment Advisors LLC (0.06%) and State of Alaska Department of Revenue (0.05%). 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., Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, CIBC Private Wealth Group LLC, Hennessy Advisors Inc., Gateway Investment Advisers LLC, NEXT Financial Group Inc and Envestnet Asset 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, Commerzbank Aktiengesellschaft FI, Pacer Advisors Inc., Meeder Asset Management Inc., RB Capital Management LLC, Nisa Investment Advisors LLC, Sumitomo Mitsui DS Asset Management Company Ltd and We Are One Seven LLC. 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 $91.43.

Consolidated Edison has a market capitalization of $30.37 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]