Lowest-Rated StocksLowest-RatedNYSE:ED Consolidated Edison (ED) Stock Price, News & Analysis $103.28 -0.51 (-0.49%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$103.21▼$104.3850-Day Range$88.42▼$104.4052-Week Range$80.46▼$105.99Volume1.76 million shsAverage Volume1.86 million shsMarket Capitalization$35.72 billionP/E Ratio19.82Dividend Yield3.21%Price Target$92.65 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Consolidated Edison alerts: Email Address Consolidated Edison MarketRank™ Stock AnalysisAnalyst RatingReduce1.92 Rating ScoreUpside/Downside10.3% Downside$92.65 Price TargetShort InterestHealthy1.63% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.18Upright™ Environmental ScoreNews Sentiment0.33Based on 21 Articles This WeekInsider TradingAcquiring Shares$90 Bought Last QuarterProj. Earnings Growth5.85%From $5.30 to $5.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.63 out of 5 starsUtilities Sector8th out of 93 stocksElectric & Other Services Combined Industry2nd out of 18 stocks 2.0 Analyst's Opinion Consensus RatingConsolidated Edison has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 1 buy rating, 7 hold ratings, and 4 sell ratings.Amount of Analyst CoverageConsolidated Edison has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Consolidated Edison's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.63% of the outstanding shares of Consolidated Edison have been sold short.Short Interest Ratio / Days to CoverConsolidated Edison has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently decreased by 11.02%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldConsolidated Edison pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthConsolidated Edison has been increasing its dividend for 51 years.Dividend CoverageThe dividend payout ratio of Consolidated Edison is 63.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Consolidated Edison will have a dividend payout ratio of 59.18% next year. This indicates that Consolidated Edison will be able to sustain or increase its dividend.Read more about Consolidated Edison's dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreConsolidated Edison has received a 4.51% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Electricity distribution services of electricity produced with fossil fuels", "Electricity distribution services of electricity produced with nuclear fuels", and "Electricity distribution services of electricity produced with renewable energy sources" products. See details.Environmental SustainabilityThe Environmental Impact score for Consolidated Edison is -3.18. Previous Next 2.4 News and Social Media Coverage News SentimentConsolidated Edison has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Consolidated Edison this week, compared to 10 articles on an average week.Search Interest17 people have searched for ED on MarketBeat in the last 30 days. This is an increase of 55% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Consolidated Edison to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have bought more of their company's stock than they have sold. Specifically, they have bought $90.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.17% of the stock of Consolidated Edison is held by insiders.Percentage Held by Institutions66.29% of the stock of Consolidated Edison is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Consolidated Edison's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Consolidated Edison are expected to grow by 5.85% in the coming year, from $5.30 to $5.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Edison is 19.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 19.82, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.11.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 3.43. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioConsolidated Edison has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Consolidated Edison's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsWhat is Nvidia’s New $1 Trillion SuperProject?Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …Find out details on these three critical Nvidia partners immediately. About Consolidated Edison Stock (NYSE:ED)Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.Read More ED Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ED Stock News HeadlinesSeptember 7 at 9:22 AM | nypost.comSouth Carolina man loses ring during surprise Times Square proposal — here’s how New Yorkers recovered itSeptember 6 at 11:20 PM | nj.comFedEx driver robbed of contents of delivery truck at gunpoint in EdisonSeptember 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankSeptember 6 at 6:18 PM | msn.comFedEx driver robbed, tied up and left in truck in Edison in sophisticated heistSeptember 6 at 9:07 AM | insidermonkey.comJim Cramer on Consolidated Edison Inc. (ED): ‘As Long As It’s Above 3%, The Stock Can Still Project Itself Even Higher’September 6 at 1:06 AM | msn.comTribute in Light: New York City pays tribute to 9/11 victims with iconic beamsSeptember 6 at 1:06 AM | insidermonkey.comJim Cramer’s 10 Stock Picks You Need to KnowSeptember 6 at 1:06 AM | yahoo.comSolution might take months for Palisade Towers, as residents go another week without gasSeptember 7, 2024 | Crypto 101 Media (Ad)Perfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankSeptember 5 at 8:05 PM | markets.businessinsider.comAnalysts Are Bullish on Top Utilities Stocks: Southwest Gas (SWX), Consolidated Edison (ED)September 5 at 3:03 PM | msn.comSolution might take months for Palisades Towers, as residents go another week without gasSeptember 5 at 2:43 PM | 247wallst.com5 Safe Dividend Aristocrat Favorites Can Survive a Fall Market Sell-OffSeptember 4 at 3:01 PM | fortune.comConsolidated Edison Company of New York, Inc.September 4 at 9:59 AM | benzinga.comJim Cramer Says This Retailer Yields 3%: 'Which Is Quite Good'September 3, 2024 | finance.yahoo.comHow Much Would It Take To Earn $100 A Month From Consolidated Edison StockSeptember 3, 2024 | prnewswire.comCon Edison Executives to Attend Financial Conferences in September and October 2024August 31, 2024 | time.comNEW YORK: Lights OutAugust 31, 2024 | msn.com'Your Neighbors Need You," Community Responds After Hundreds Lose GasSee More Headlines Receive ED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Edison and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/14 Dividend5/14/2024Dividend Payable6/14/2024Last Earnings8/01/2024Ex-Dividend for 9/16 Dividend8/14/2024Today9/07/2024Dividend Payable9/16/2024Next Earnings (Estimated)11/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric & other services combined Sub-IndustryMulti-Utilities Current SymbolNYSE:ED CUSIP20911510 CIK1047862 Webwww.conedison.com Phone(212) 460-4600Fax212-475-0734Employees14,592Year Founded1823Price Target and Rating Average Stock Price Target$92.65 High Stock Price Target$109.00 Low Stock Price Target$73.00 Potential Upside/Downside-10.3%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$5.21 Trailing P/E Ratio19.82 Forward P/E Ratio19.49 P/E Growth3.43Net Income$2.52 billion Net Margins12.03% Pretax Margin14.65% Return on Equity8.67% Return on Assets2.79% Debt Debt-to-Equity Ratio1.08 Current Ratio1.04 Quick Ratio0.97 Sales & Book Value Annual Sales$14.81 billion Price / Sales2.41 Cash Flow$11.18 per share Price / Cash Flow9.24 Book Value$62.29 per share Price / Book1.66Miscellaneous Outstanding Shares345,835,000Free Float345,247,000Market Cap$35.72 billion OptionableOptionable Beta0.34 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Timothy P. Cawley (Age 59)Chairman, President & CEO Comp: $3.52MMr. Robert N. Hoglund (Age 62)Senior VP & CFO Comp: $1.96MMs. Deneen Lynette Donnley (Age 59)Senior VP & General Counsel Comp: $1.42MMr. Robert Sanchez (Age 58)President of Shared Services of Con Edison of New York Comp: $1.22MMr. Matthew Ketschke (Age 52)President of Consolidated Edison Company of New York, Inc. Comp: $1.38MMr. Joseph Miller (Age 61)VP, Controller & Chief Accounting Officer Mr. Jan C. ChildressDirector of Investor RelationsMr. Yukari Saegusa (Age 56)VP & Treasurer Sylvia V. DooleyVP & Corporate SecretaryStuart Nachmias (Age 59)President & CEO of Con Edison Transmission, Inc. More ExecutivesKey CompetitorsPG&ENYSE:PCGSempraNYSE:SREDominion EnergyNYSE:DPublic Service Enterprise GroupNYSE:PEGWEC Energy GroupNYSE:WECView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 44,750 shares on 9/5/2024Ownership: 0.013%Clearbridge Investments LLCSold 7,920 shares on 8/27/2024Ownership: 0.006%Teachers Retirement System of The State of KentuckySold 820 shares on 8/26/2024Ownership: 0.008%Cetera Investment AdvisersBought 7,629 shares on 8/22/2024Ownership: 0.028%Truist Financial CorpBought 367 shares on 8/21/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions ED Stock Analysis - Frequently Asked Questions How have ED shares performed this year? Consolidated Edison's stock was trading at $90.97 at the start of the year. Since then, ED stock has increased by 13.5% and is now trading at $103.28. View the best growth stocks for 2024 here. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) released its quarterly earnings results on Thursday, August, 1st. The utilities provider reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.02. The utilities provider earned $3.22 billion during the quarter, compared to the consensus estimate of $3.08 billion. Consolidated Edison had a net margin of 12.03% and a trailing twelve-month return on equity of 8.67%. What is John McAvoy's approval rating as Consolidated Edison's CEO? 211 employees have rated Consolidated Edison Chief Executive Officer John McAvoy on Glassdoor.com. John McAvoy has an approval rating of 94% among the company's employees. This puts John McAvoy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Consolidated Edison have any subsidiaries? Consolidated Edison subsidiaries include Con Edison Clean Energy Businesses Inc., and Consolidated Edison Company of New York Inc.. Who are Consolidated Edison's major shareholders? Consolidated Edison's top institutional shareholders include Legal & General Group Plc (1.78%), Bank of New York Mellon Corp (0.68%), ProShare Advisors LLC (0.57%) and Hsbc Holdings PLC (0.43%). Insiders that own company stock include Robert N Hoglund, Timothy Cawley, Robert Sanchez, Gurudatta D Nadkarni, Deneen L Donnley, Stuart Nachmias, Matthew Ketschke, Joseph Miller, La Bastide Lore De, Frances Resheske, Nancy Shannon, Jennifer Hensley, Christina Ho, John Mcavoy and Yukari Saegusa. View institutional ownership trends. How do I buy shares of Consolidated Edison? Shares of ED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Consolidated Edison own? Based on aggregate information from My MarketBeat watchlists, some other companies that Consolidated Edison investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Cisco Systems (CSCO) and Pfizer (PFE). This page (NYSE:ED) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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