Consolidated Edison, Inc. (ED)
| Market Cap | 35.85B |
| Revenue (ttm) | 15.26B |
| Net Income (ttm) | 1.82B |
| Shares Out | 346.71M |
| EPS (ttm) | 5.24 |
| PE Ratio | 19.68 |
| Forward PE | 18.32 |
| Dividend | $3.40 (3.30%) |
| Ex-Dividend Date | Feb 19, 2025 |
| Volume | 1,554,383 |
| Open | 100.88 |
| Previous Close | 101.52 |
| Day's Range | 101.25 - 103.22 |
| 52-Week Range | 86.56 - 107.75 |
| Beta | 0.28 |
| Analysts | Hold |
| Price Target | 100.67 (-2.65%) |
| Earnings Date | Feb 20, 2025 |
About ED
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company 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 1,520 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jer... [Read more]
Financial Performance
In 2024, Consolidated Edison's revenue was $15.26 billion, an increase of 4.04% compared to the previous year's $14.66 billion. Earnings were $1.82 billion, a decrease of -27.75%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for ED stock is "Hold." The 12-month stock price forecast is $100.67, which is a decrease of -2.65% from the latest price.
News
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CON EDISON REPORTS 2024 EARNINGS
NEW YORK , Feb. 20, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 net income for common stock of $1,820 million or $5.26 a share compared with $2,519 milli...
17 Upcoming Dividend Increases, Including 3 Kings
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Con Edison to Report 2024 Earnings on February 20
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 2024 earnings on February 20, 2025 after the market closes. Consolidated Edison, Inc. is ...
CON EDISON DECLARES COMMON STOCK DIVIDEND
NEW YORK , Jan. 16, 2025 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 85 cents a share on its common stock, payable March 14, 2025 to stockholders...
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....
Con Edison Executives to Attend Financial Conferences in January 2025
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at conferences in January 2025. A copy of Con Edison's investor present...
Runwise Recognized by Con Edison as Top Multifamily Contractor of The Year
NEW YORK--(BUSINESS WIRE)--Runwise, a smart control platform that operates the key heating, cooling, and water systems more efficiently in more than 7,500 buildings throughout the country, today annou...
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...
Con Edison Announces Common Share Offering with a Forward Component
NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today announced the public offering of 7,000,000 of its common shares. In connection with the forward sale agr...
Consolidated Edison: Potential High-Single-Digit Returns With Low Risk
Consolidated Edison, a monopoly utility in NYC, is rated a Buy due to expected earnings growth and its status as a Dividend King. Despite a recent 5% share price dip, Con Edison's Q3 earnings beat est...
67 Aristocrats November Dividend Cornucopia Has 39 'Safer' And 2 Ideal Dogs
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CON EDISON REPORTS 2024 THIRD QUARTER EARNINGS
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 third quarter net income for common stock of $588 million or $1.70 a share compared with $...
Con Edison to Report 3rd Quarter 2024 Earnings on November 7
NEW YORK , Oct. 23, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 3rd Quarter 2024 earnings on November 7, 2024 after the market closes. Consolidated Ediso...
Brooklyn to Receive a Charge From Electric School Bus Batteries with New Vehicle-to-Everything Smart Energy Hub Built by First Student and Con Edison
Twelve electric school buses topped with solar panels will also serve local schools as part of revolutionary demonstration project BROOKLYN, N.Y. , Oct. 22, 2024 /PRNewswire/ -- The Brooklyn community...
Buy 7 October Dividend Kings, Watch 10 More
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...
Consolidated Edison: New York City Isn't Going Anywhere
Utilities, despite their 'boring' reputation, offer stable returns and act as a great inflation hedge, with many companies showing incredible long-term performance. ConEd's regulated monopoly in NYC e...
Buy 4 October Dividend Aristocrats & Watch 10
"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...
Consolidated Edison, Inc. (ED) Consolidated Edison Clean Energy Webinar (Transcript)
Consolidated Edison, Inc. (NYSE:ED) Consolidated Edison Clean Energy Webinar October 8, 2024 9:00 AM ET Company Participants Jan Childress - Director, Investor Relations Tim Cawley - Chairman and Chi...
Undervalued Dividend Kings: October 2024
Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...
CON EDISON LEADERSHIP TO PRESENT WEBCAST ABOUT OUR CLEAN ENERGY FUTURE ON OCTOBER 8
NEW YORK , Sept. 30, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) will make a clean energy presentation from 9 a.m.
CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 8
NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) will make a clean energy presentation from 9 a.m.
Con Edison Executives to Attend Financial Conferences in September and October 2024
NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at conferences in September and October 2024.