Equities Analysts Set Expectations for ED Q3 Earnings

Consolidated Edison, Inc. (NYSE:ED - Free Report) - Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for Consolidated Edison in a research note issued to investors on Wednesday, December 11th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $1.80 for the quarter, up from their prior forecast of $1.77. The consensus estimate for Consolidated Edison's current full-year earnings is $5.34 per share.

Consolidated Edison (NYSE:ED - Get Free Report) last posted its earnings results on Thursday, November 7th. The utilities provider reported $1.68 EPS for the quarter, topping the consensus estimate of $1.56 by $0.12. The business had revenue of $4.09 billion during the quarter, compared to analysts' expectations of $4.02 billion. Consolidated Edison had a return on equity of 8.70% and a net margin of 12.27%.

Other equities analysts have also issued research reports about the stock. Barclays reduced their target price on shares of Consolidated Edison from $104.00 to $99.00 and set an "underweight" rating on the stock in a report on Friday, November 8th. Citigroup upgraded Consolidated Edison from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $103.00 to $116.00 in a research report on Tuesday, October 15th. Evercore ISI upgraded shares of Consolidated Edison from a "hold" rating to a "strong-buy" rating in a report on Friday, November 8th. UBS Group lifted their target price on shares of Consolidated Edison from $105.00 to $106.00 and gave the company a "neutral" rating in a research note on Friday, September 20th. Finally, Jefferies Financial Group initiated coverage on Consolidated Edison in a research report on Wednesday, October 9th. They issued a "hold" rating and a $108.00 target price for the company. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Consolidated Edison presently has a consensus rating of "Hold" and a consensus price target of $99.96.

Consolidated Edison Price Performance

ED traded down $1.46 on Monday, reaching $91.23. The company had a trading volume of 3,004,546 shares, compared to its average volume of 1,901,489. Consolidated Edison has a 52-week low of $85.85 and a 52-week high of $107.75. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.93 and a current ratio of 1.01. The company has a market cap of $31.60 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 3.11 and a beta of 0.36. The business has a 50 day simple moving average of $99.82 and a 200 day simple moving average of $98.21.

Institutional Investors Weigh In On Consolidated Edison

Several large investors have recently bought and sold shares of the business. Capital Performance Advisors LLP bought a new stake in shares of Consolidated Edison in the third quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Consolidated Edison during the 3rd quarter worth approximately $30,000. Cultivar Capital Inc. bought a new position in shares of Consolidated Edison in the 2nd quarter valued at about $54,000. Future Financial Wealth Managment LLC purchased a new position in Consolidated Edison during the third quarter worth $55,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Consolidated Edison in the third quarter worth approximately $55,000. 66.29% of the stock is currently owned by institutional investors.

Consolidated Edison Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Wednesday, November 13th will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 3.64%. The ex-dividend date is Wednesday, November 13th. Consolidated Edison's dividend payout ratio (DPR) is currently 62.52%.

Consolidated Edison Company Profile

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.