Consolidated Edison/ED

$89.44

0.91%
-
1D1W1MYTD1YMAX

About Consolidated Edison

Consolidated Edison, Inc. is an energy-delivery company. The Company provides a range of energy-related products and services to its customers through its subsidiaries, including Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc. CECONY is a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan. CECONY provides electric service to approximately 3.7 million customers. O&R is a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey. Con Edison Transmission, Inc manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that bring clean, renewable electricity to customers, focusing on New York and the Northeast.

Ticker

ED

Sector

Utilities

Trading on

NYSE

Industry

Electric Utilities

CEO

Timothy Cawley

Employees

14,592

Headquarters

New york, United States

ED Metrics

BasicAdvanced
$30.62B
Market cap
12.35
P/E ratio
$7.18
EPS
0.36
Beta
$2.43
Dividend rate
3.75%
Dividend yield
$30.62B
0.35589
$100.92
$80.46
1.71M
$2.43
1.012
0.939
103.639
115.64
44.74%
2.75%
3.72%
12.04%
4.29%
12.352
2.088
1.445
1.476
3.39%
2.74%
3.75%
-6.43%
53.7%
6.19%
30.04%
-7.4%

What the Analysts think about ED

Analyst Ratings

Majority rating from 18 analysts.
Hold

Price Targets

Average projection from 12 analysts.
0.54% upside
High $96.00
Low $73.00
$89.44
Current price
$89.92
Average price target

ED Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
9.69% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$3.44B
-11.05%
Net income
$334M
-36.5%
Profit margin
9.69%
-28.65%

ED Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 4.25%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q4 24
Actual
$1.62
$1.00
-
-
-
Expected
$1.60
$0.96
$1.81
$0.61
$1.19
Surprise
1.08%
4.25%
-
-
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Consolidated Edison stock?

Consolidated Edison (ED) has a market cap of $30.62B as of April 15, 2024.

What is the P/E ratio for Consolidated Edison stock?

The price to earnings (P/E) ratio for Consolidated Edison (ED) stock is 12.35 as of April 15, 2024.

Does Consolidated Edison stock pay dividends?

Yes, the Consolidated Edison (ED) stock pays dividends to shareholders. As of April 15, 2024, the dividend rate is $2.43 and the yield is 3.75%. Consolidated Edison has a payout ratio of 44.74% on a trailing twelve-month basis.

When is the next Consolidated Edison dividend payment date?

The next Consolidated Edison (ED) dividend payment date is unconfirmed.

What is the beta indicator for Consolidated Edison?

Consolidated Edison (ED) has a beta rating of 0.36. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Consolidated Edison stock price target?

The target price for Consolidated Edison (ED) stock is $89.92, which is 0.2% above the current price of $89.74. This is an average based on projections from 12 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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