Consolidated Edison, Inc. (ED)
Market Cap | 30.80B |
Revenue (ttm) | 15.03B |
Net Income (ttm) | 1.84B |
Shares Out | 346.41M |
EPS (ttm) | 5.31 |
PE Ratio | 16.73 |
Forward PE | 16.16 |
Dividend | $3.32 (3.74%) |
Ex-Dividend Date | Nov 13, 2024 |
Volume | 354,839 |
Open | 89.47 |
Previous Close | 89.56 |
Day's Range | 88.41 - 89.48 |
52-Week Range | 85.85 - 107.75 |
Beta | 0.35 |
Analysts | Hold |
Price Target | 97.73 (+9.93%) |
Earnings Date | Feb 13, 2025 |
About ED
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. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jer... [Read more]
Financial Performance
In 2023, Consolidated Edison's revenue was $14.66 billion, a decrease of -6.43% compared to the previous year's $15.67 billion. Earnings were $2.52 billion, an increase of 51.75%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ED stock is "Hold." The 12-month stock price forecast is $97.73, which is an increase of 9.93% from the latest price.
News
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
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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
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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...
CON EDISON DECLARES COMMON STOCK DIVIDEND
NEW YORK , Oct. 17, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 83 cents a share on its common stock, payable December 16, 2024 to stockhold...
Buy 7 October Dividend Kings, Watch 10 More
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Consolidated Edison: New York City Isn't Going Anywhere
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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...
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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.
Top 2 Utilities Stocks That Should Keep You Up At Night In Q3
As of Aug 6, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
CON EDISON REPORTS 2024 SECOND QUARTER EARNINGS
NEW YORK , Aug. 1, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 second quarter net income for common stock of $202 million or $0.58 a share compared with ...
Con Edison to Report 2nd Quarter 2024 Earnings on August 1
NEW YORK , July 11, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd Quarter 2024 earnings on August 1, 2024 after the market closes. Consolidated Edison, ...
Evergy CFO Kirk Andrews to replace retiring Con Edison CFO Robert Hoglund
Consolidated Edison's incoming chief financial officer is Kirk Andrews, who served as CFO of Midwest utility Evergy since 2021. Andrews will replace Robert Hoglund who plans to retire later in 2024.
CON EDISON ANNOUNCES RETIREMENT OF ROBERT HOGLUND; KIRKLAND ANDREWS TO SUCCEED HOGLUND AS CFO
NEW YORK , June 10, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) and Consolidated Edison Company of New York, Inc. (CECONY) today announced that Robert Hoglund plans to retir...
Evergy Announces CFO Transition
KANSAS CITY, Mo.--(BUSINESS WIRE)--Evergy (NASDAQ: EVRG) announced today the pending departure of EVP and CFO Kirk Andrews, who will become CFO at Consolidated Edison (NYSE: ED).
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