Consolidated Edison, Inc. (ED)

NYSE: ED · IEX Real-Time Price · USD
92.41
-0.69 (-0.75%)
Jul 7, 2022 12:29 PM EDT - Market open
-0.75%
Market Cap 32.74B
Revenue (ttm) 14.06B
Net Income (ttm) 1.53B
Shares Out 354.30M
EPS (ttm) 4.33
PE Ratio 21.34
Forward PE 20.62
Dividend $3.13 (3.39%)
Ex-Dividend Date May 17, 2022
Volume 570,172
Open 93.12
Previous Close 93.10
Day's Range 92.24 - 93.73
52-Week Range 71.52 - 101.12
Beta 0.22
Analysts Sell
Price Target 89.49 (-3.2%)
Earnings Date Aug 4, 2022

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 3.5 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 1,555 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...]

Industry Multi-Utilities
Founded 1884
CEO John McAvoy
Employees 13,871
Stock Exchange NYSE
Ticker Symbol ED
Full Company Profile

Financial Performance

In 2021, ED's revenue was $13.68 billion, an increase of 11.68% compared to the previous year's $12.25 billion. Earnings were $1.35 billion, an increase of 22.25%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for ED stock is "Sell." The 12-month stock price forecast is 89.49, which is a decrease of -3.15% from the latest price.

Price Target
$89.49
(-3.15% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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CON EDISON TO REPORT 2nd QUARTER 2022 EARNINGS ON AUGUST 4

NEW YORK , July 6, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd quarter 2022 earnings on August 4, 2022 after the market closes. Consolidated Edison, Inc...

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2 dividend aristocrats stocks for June, 2022

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4 Dividend Aristocrats That Are Beating the Market

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CON EDISON SUSTAINABILITY REPORT: LEADING THE CLEAN ENERGY TRANSITION

Delivering an Energy Grid for a Resilient and Renewable Future NEW YORK , June 9, 2022 /PRNewswire/ -- Con Edison has released its annual Sustainability Report, detailing the company's progress in prepa...

Insiders And Institutions Drive Consolidated Edison To New Highs

The insider activity in Consolidated Edison (NYSE: ED) is mixed to be sure but, in our view, heavily tilted in favor of shareholders. While the net of activity is overwhelmingly bearish that is due to a...

EBR vs. ED: Which Stock Should Value Investors Buy Now?

EBR vs. ED: Which Stock Is the Better Value Option?

Other symbols: EBR

Consolidated Edison's (ED) Q1 Earnings Miss, Revenues Beat

Consolidated Edison's (ED) total revenues of $4,060 million surpass the Zacks Consensus Estimate by 8% and also improve 10.4%

CON EDISON REPORTS 2022 FIRST QUARTER EARNINGS

NEW YORK , May 5, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2022 first quarter net income for common stock of $602 million or $1.70 a share compared with $419...

Utility Stocks' Q1 Earnings Due on May 5: D, EVRG, PPL & More

Let's focus on utility stocks D, EVRG, PPL, ED and SRE that are scheduled to release first-quarter earnings on May 5.

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What's in Store for Consolidated Edison (ED) in Q1 Earnings?

Consolidated Edison's (ED) Q1 results are likely to reflect mixed weather patterns and positive returns from investment

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Consolidated Edison (ED) Reports Next Week: Wall Street Expects Earnings Growth

Con Ed (ED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Has Consolidated Edison (ED) Outpaced Other Utilities Stocks This Year?

Here is how Consolidated Edison (ED) and South Jersey Industries (SJI) have performed compared to their sector so far this year.

CON EDISON DECLARES COMMON STOCK DIVIDEND

NEW YORK , April 21, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 79 cents a share on its common stock, payable June 15, 2022 to stockholders o...

Consolidated Edison (ED) is a Great Momentum Stock: Should You Buy?

Does Consolidated Edison (ED) have what it takes to be a top stock pick for momentum investors? Let's find out.

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Other symbols: ESSMO

CON EDISON TO REPORT 1ST QUARTER 2022 EARNINGS ON MAY 5

NEW YORK , April 7, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2022 earnings on May 5, 2022 after the market closes. Consolidated Edison, Inc. ...

Reasons to Add Consolidated Edison (ED) to Your Portfolio Now

Consolidated Edison (ED) makes a strong case for investments, given the positive estimates movement, capital investments to strengthen infrastructure, efficient debt management and emissions reduction.

AEE or ED: Which Is a Better Utility Power Stock to Buy Now?

At present, Consolidated Edison (ED) appears to be a better choice in the utility space compared with Ameren (AEE).

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