NYSE:EDConsolidated Edison Stock Price, Forecast & News

Consolidated Edison's stock was trading at $86.50 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ED shares have decreased by 16.2% and is now trading at $72.48. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Edison in the last year. There are currently 4 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Consolidated Edison.

Consolidated Edison is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Consolidated Edison.

Consolidated Edison, Inc. (NYSE:ED) released its quarterly earnings data on Thursday, May, 7th. The utilities provider reported $1.35 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.43 by $0.08. The utilities provider had revenue of $3.23 billion for the quarter, compared to analysts' expectations of $3.60 billion. Consolidated Edison had a return on equity of 7.92% and a net margin of 10.53%. During the same period in the prior year, the company posted $1.39 EPS. View Consolidated Edison's earnings history.

Consolidated Edison declared a quarterly dividend on Thursday, April 16th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.765 per share on Monday, June 15th. This represents a $3.06 annualized dividend and a yield of 4.22%. The ex-dividend date is Tuesday, May 12th. View Consolidated Edison's dividend history.

Consolidated Edison issued an update on its FY 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided EPS guidance of 4.15-4.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.37.

12 Wall Street analysts have issued 12 month price targets for Consolidated Edison's shares. Their forecasts range from $64.00 to $92.00. On average, they expect Consolidated Edison's stock price to reach $78.64 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for Consolidated Edison.

Headlines about ED stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. 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 impact score of -3.8 on InfoTrie's scale. They also gave 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 effect on the stock's share price in the next few days. View the latest news about Consolidated Edison.

Some companies that are related to Consolidated Edison include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Public Service Enterprise Group (PEG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), Black Hills (BKH), NorthWestern (NWE) and Avista (AVA). View all competitors.

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), AbbVie (ABBV), Altria Group (MO), Pfizer (PFE), Cisco Systems (CSCO), Procter & Gamble (PG) and PepsiCo (PEP).

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

Consolidated Edison's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%), Gradient Investments LLC (0.03%), Envestnet Asset Management Inc. (0.02%), Rockland Trust Co. (0.02%), DNB Asset Management AS (0.01%) and Symphony Financial Ltd. Co. (0.00%). Company insiders that own Consolidated Edison stock include Deneen L Donnley, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla, Stuart Nachmias 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 State of Alaska Department of Revenue, Envestnet Asset Management Inc., DNB Asset Management AS, Rockland Trust Co., Exane Derivatives, M&R Capital Management Inc., and Park National Corp OH. View insider buying and selling activity for Consolidated Edison.

ED stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Forte Capital LLC ADV, Symphony Financial Ltd. Co., Cypress Capital Group, Municipal Employees Retirement System of Michigan, Hudson Valley Investment Advisors Inc. ADV, and Canandaigua National Corp. Company insiders that have bought Consolidated Edison stock in the last two years include Deneen L Donnley, Elizabeth D Moore, Frances Resheske, Gurudatta D Nadkarni, John Mcavoy, Joseph P Oates, La Bastide Lore De, Robert Muccilo, Robert N Hoglund, Robert Sanchez, Saumil P Shukla, Stuart Nachmias, and Timothy Cawley. View insider buying and selling activity 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 $72.48.

Consolidated Edison has a market capitalization of $24.22 billion and generates $12.57 billion in revenue each year. The utilities provider earns $1.34 billion in net income (profit) each year or $4.37 on an earnings per share basis. Consolidated Edison employs 14,890 workers across the globe.

The official website for Consolidated Edison is 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]