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Consolidated Edison, Inc. (ED)
NYSE:ED
Holding ED?
Track your performance easily
ED Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.85 - $107.75
Previous Close$97.88
Volume1.47M
Average Volume (3M)1.84M
Market Cap
$33.59B
Enterprise Value$59.79B
Total Cash (Recent Filing)$93.00M
Total Debt (Recent Filing)$26.29B
Price to Earnings (P/E)18.2
Beta0.05
Next Earnings
Feb 13, 2025EPS Estimate
$0.95Last Dividend Ex-Date
Nov 13, 2024Dividend Yield3.4%
Share Statistics
EPS (TTM)5.32
Shares Outstanding346,412,190
10 Day Avg. Volume2,291,289
30 Day Avg. Volume1,836,840
Standard Deviation0.06
R-Squared0.11
Alpha0.00196
Financial Highlights & Ratios
Price to Book (P/B)1.55
Price to Sales (P/S)2.23
Price to Cash Flow (P/CF)21.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.87
Enterprise Value/Gross Profit8.07
Enterprise Value/Ebitda7.57
Forecast
1Y Price Target
$102.75Price Target Upside4.10% Upside
Rating ConsensusHold
Number of Analyst Covering10
Consolidated Edison News
PremiumCompany Announcements
Consolidated Edison Reports Strong Q3 2024 Earnings
Bulls Say, Bears Say
Bulls Say
Earnings GrowthAn increase in authorized ROEs for CECONY is expected, potentially improving earnings significantly and supporting the company's ability to achieve its EPS growth guidance.
Legislation And PolicyThe setup for ED is positive with potential favorable new NY legislation, and the chance of passing the Heat Act is expected to increase with potential state-level support for pro-electrification policy.
Regulatory EnvironmentCECONY and O&R rate cases are likely to drive EPS acceleration, pointing to improved regulatory environment outcomes, which could be favorable for the company's financial performance.
Bears Say
Equity StructureThe potential for a higher equity layer remains uncertain due to historical consistency in maintaining a 48% level.
Market PerformanceThe stock has underperformed compared to the XLU, attributed more to market preference shifts than caution on the company.
ValuationThe shares are considered fairly valued presently, leading to a HOLD rating.
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Ownership Overview
0.18% Insiders
16.29% Mutual Funds
6.57% Other Institutional Investors
48.60% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ED FAQ
What was Consolidated Edison, Inc.’s price range in the past 12 months?
Consolidated Edison, Inc. lowest stock price was $85.85 and its highest was $107.75 in the past 12 months.
What is Consolidated Edison, Inc.’s market cap?
Currently, no data Available
When is Consolidated Edison, Inc.’s upcoming earnings report date?
Consolidated Edison, Inc.’s upcoming earnings report date is Feb 13, 2025 which is in 83 days.
How were Consolidated Edison, Inc.’s earnings last quarter?
Consolidated Edison, Inc. released its earnings results on Nov 07, 2024. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.588 by $0.092.
Is Consolidated Edison, Inc. overvalued?
According to Wall Street analysts Consolidated Edison, Inc.’s price is currently Undervalued.
Does Consolidated Edison, Inc. pay dividends?
Consolidated Edison, Inc. pays a Quarterly dividend of $0.83 which represents an annual dividend yield of 3.4%. See more information on Consolidated Edison, Inc. dividends here
What is Consolidated Edison, Inc.’s EPS estimate?
Consolidated Edison, Inc.’s EPS estimate is $0.95.
How many shares outstanding does Consolidated Edison, Inc. have?
Consolidated Edison, Inc. has 346,412,200 shares outstanding.
What happened to Consolidated Edison, Inc.’s price movement after its last earnings report?
Consolidated Edison, Inc. reported an EPS of $1.68 in its last earnings report, beating expectations of $1.588. Following the earnings report the stock price went up 0.569%.
Which hedge fund is a major shareholder of Consolidated Edison, Inc.?
Among the largest hedge funds holding Consolidated Edison, Inc.’s share is Graham Capital Management, L.P.. It holds Consolidated Edison, Inc.’s shares valued at 1M.
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Consolidated Edison Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$102.75 (4.10% Upside)
$102.75 (4.10% Upside)
Blogger Sentiment
Bullish
ED Sentiment 93%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 19.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 6.3%
Last 30 Days ▲ 6.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.42%
12-Months-Change
Fundamentals
Return on Equity
8.59%
Trailing 12-Months
Asset Growth
6.58%
Trailing 12-Months
Company Description
Consolidated Edison, Inc.
Consolidated Edison Co. of New York, Inc. engages in the distribution of electric power services. It operates through the following segments: Electric, Gas, and Steam. The company was founded in 1884 and is headquartered in New York, NY.
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ED Revenue Breakdown
73.89% Electric
21.33% Gas
3.88% Steam
0.90% Non-utility
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ED Stock 12 Month Forecast
Average Price Target
$102.75
▲(4.10% Upside)
Technical Analysis
Best Analysts Covering ED
1 Year
1 Year Success Rate
12/41 ratings generated profit
1 Year Average Return
-9.09%
reiterated a sell rating 28 days ago
Copying David Arcaro's trades and holding each position for 1 Year would result in 29.27% of your transactions generating a profit, with an average return of -9.09% per trade.
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