NYSE:ED Consolidated Edison (ED) Stock Price, News & Analysis $104.02 -0.43 (-0.41%) (As of 10/3/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Consolidated Edison Stock (NYSE:ED) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$103.58▼$104.8150-Day Range$96.44▼$105.1752-Week Range$82.00▼$105.99Volume951,072 shsAverage Volume1.83 million shsMarket Capitalization$35.97 billionP/E Ratio19.97Dividend Yield3.19%Price Target$93.81Consensus RatingReduce Company OverviewConsolidated 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… Most people would never touch this orange powder… would you? (Ad)At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?Well, all the answers you need are right here Consolidated Edison Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks87th Percentile Overall ScoreED MarketRank™: Consolidated Edison scored higher than 87% of companies evaluated by MarketBeat, and ranked 24th out of 94 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.0 / 5Analyst RatingReduce 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. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.85% 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 19.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Edison is 19.97, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 86.36.Price to Earnings Growth RatioConsolidated Edison has a PEG Ratio of 3.52. 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 1.70. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.88% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently increased by 0.93%, indicating that investor sentiment is decreasing. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldConsolidated Edison pays a meaningful dividend of 3.22%, 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. Sustainability and ESG2.2 / 5Environmental Score-3.18 Percentage of Shares Shorted1.88% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Edison has recently increased by 0.93%, indicating that investor sentiment is decreasing. News and Social Media2.8 / 5News Sentiment1.10 News SentimentConsolidated Edison has a news sentiment score of 1.10. 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 higher news sentiment than the 0.63 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Consolidated Edison this week, compared to 10 articles on an average week.Search InterestOnly 13 people have searched for ED on MarketBeat in the last 30 days. This is a decrease of -13% 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 -20% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Consolidated Edison insiders have not sold or bought any 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. ED Stock News Headlines3 Utility Stocks With Strong Dividends You Can Count OnOctober 1 at 2:44 PM | stocknews.comCON EDISON LEADERSHIP TO PRESENT WEBCAST ABOUT OUR CLEAN ENERGY FUTURE ON OCTOBER 8September 30 at 4:15 PM | prnewswire.comThe massive trade idea that’s being censoredThere is a red-hot sector right now that it seems like Google doesn’t want us to talk about… Because when we talk about it in email, sometimes those messages have trouble making it through to you. And it’s not just email! Videos from Youtube are also being removed. We don’t know exactly why it’s happening… Or if it’s being done manually or by an algorithm…. But we do know that you probably are going to want to see what they’re censoring.October 3, 2024 | DTI (Ad)With 70% institutional ownership, Consolidated Edison, Inc. (NYSE:ED) is a favorite amongst the big gunsSeptember 30 at 10:16 AM | finance.yahoo.comHere is Why Jim Cramer Is Bullish On Consolidated Edison, Inc. (NYSE:ED)September 28, 2024 | finance.yahoo.comConsolidated Edison (NYSE:ED) Given New $87.00 Price Target at Morgan StanleySeptember 26, 2024 | americanbankingnews.comHallmark's “Good Witch” Cast Stages Mini-Reunion at 5th Annual Christmas Con in New Jersey (Exclusive)September 25, 2024 | yahoo.comConsolidated Edison (NYSE:ED) Has Some Way To Go To Become A Multi-BaggerSeptember 23, 2024 | finance.yahoo.comSee More Headlines ED Stock Analysis - Frequently Asked Questions How have ED shares performed this year? Consolidated Edison's stock was trading at $90.97 at the beginning of 2024. Since then, ED shares have increased by 14.3% and is now trading at $104.02. View the best growth stocks for 2024 here. How were Consolidated Edison's earnings last quarter? Consolidated Edison, Inc. (NYSE:ED) posted its quarterly earnings results on Thursday, August, 1st. The utilities provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.57 by $0.02. The utilities provider earned $3.22 billion during the quarter, compared to analyst estimates of $3.08 billion. Consolidated Edison had a net margin of 12.03% and a trailing twelve-month return on equity of 8.67%. 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 investors include AMF Tjanstepension AB (0.13%), Rockland Trust Co. (0.03%), Czech National Bank (0.02%) and Massmutual Trust Co. FSB ADV (0.01%). 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). Company Calendar Last Earnings8/01/2024Ex-Dividend for 9/16 Dividend8/14/2024Dividend Payable9/16/2024Today10/03/2024Next 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$93.81 High Stock Price Target$109.00 Low Stock Price Target$73.00 Potential Upside/Downside-9.8%Consensus RatingReduce Rating Score (0-4)1.92 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$5.21 Trailing P/E Ratio19.96 Forward P/E Ratio19.62 P/E Growth3.52Net 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 / Sales2.43 Cash Flow$10.98 per share Price / Cash Flow9.47 Book Value$61.29 per share Price / Book1.70Miscellaneous Outstanding Shares345,835,000Free Float345,247,000Market Cap$35.96 billion OptionableOptionable Beta0.36 Social Links This page (NYSE:ED) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. 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