Consolidated Edison, Inc. (ED)

NYSE: ED · IEX Real-Time Price · USD
90.57
+0.52 (0.57%)
Mar 28, 2024, 2:24 PM EDT - Market open
0.57%
Market Cap 31.11B
Revenue (ttm) 14.66B
Net Income (ttm) 2.52B
Shares Out 345.51M
EPS (ttm) 7.21
PE Ratio 12.53
Forward PE 16.35
Dividend $3.32 (3.67%)
Ex-Dividend Date Feb 13, 2024
Volume 530,963
Open 90.21
Previous Close 90.05
Day's Range 89.78 - 90.62
52-Week Range 80.46 - 100.92
Beta 0.35
Analysts Hold
Price Target 89.89 (-0.75%)
Earnings Date May 2, 2024

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]

Sector Utilities
Founded 1884
Employees 14,592
Stock Exchange NYSE
Ticker Symbol ED
Full Company Profile

Financial Performance

In 2023, ED'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 Statements

Analyst Forecast

According to 15 analysts, the average rating for ED stock is "Hold." The 12-month stock price forecast is $89.89, which is a decrease of -0.75% from the latest price.

Price Target
$89.89
(-0.75% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Con Edison to Attend Investor Meetings in Europe

NEW YORK , March 20, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) Chairman & CEO Tim Cawley will meet with investors in Europe during the week of March 25 to 28, 2024. As p...

7 days ago - PRNewsWire

CON EDISON REPORTS 2023 EARNINGS

NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 net income for common stock of $2,519 million or $7.25 a share compared with $1,660 milli...

5 weeks ago - PRNewsWire

New York regulator approves Con Edison's $1.2 bln clean city project

The New York state's utilities regulator on Thursday approved Con Edison's $1.2 billion reliable clean city project in Queens.

2 months ago - Reuters

CON EDISON DECLARES COMMON STOCK DIVIDEND

Dividend Increases for 50th Consecutive Year NEW YORK , Jan. 18, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 83 cents a share on its common ...

2 months ago - PRNewsWire

Con Edison to Report 2023 Earnings on February 15

NEW YORK , Jan. 16, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2023 earnings on February 15, 2024 after the market closes. Consolidated Edison, Inc. is o...

2 months ago - PRNewsWire

Con Edison Executives to Attend Investor Conferences In January 2024

NEW YORK , Jan. 2, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at various conferences during the first two weeks of January.  The compa...

3 months ago - PRNewsWire

7 Dividend Stocks to Buy as Bond Yields Fall

Colgate-Palmolive, Amgen, and others have solid records of increasing dividend payments.

Other symbols: ABBVAMGNCLHSYKOPM
3 months ago - Barrons

Con Edison Executives to Attend Investor Conferences During the Week of December 4 to 8, 2023

NEW YORK , Nov. 30, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at a series of conferences the week of December 4 to 8, 2023. The compa...

4 months ago - PRNewsWire

Con Edison to Attend EEI Financial Conference Nov. 12-14, 2023

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at the Edison Electric Institute (EEI) Financial Conference in Phoenix, ...

4 months ago - PRNewsWire

Agilitas Energy Constructs Largest Non-Wires Solution Energy Storage System in Con Edison's New York City and Westchester County Service Area

WAKEFIELD, Mass.--(BUSINESS WIRE)--Agilitas Energy constructed the largest standalone, non-wires solution energy storage system in Con Edison's NYC and Westchester County service area.

5 months ago - Business Wire

CON EDISON REPORTS 2023 THIRD QUARTER EARNINGS

NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 third quarter net income for common stock of $526 million or $1.53 a share compared with $...

5 months ago - PRNewsWire

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

5 months ago - Kiplinger

Con Edison Elects New Board Member

Cathy Zoi Will Join the Company's Board of Directors; Appointment Effective February 1, 2024 NEW YORK , Oct. 19, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE:ED) today announced...

5 months ago - PRNewsWire

Con Edison to Report 3rd Quarter 2023 Earnings on November 2

NEW YORK , Oct. 4, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 3rd Quarter 2023 earnings on November 2, 2023 after the market closes. Consolidated Edison,...

6 months ago - PRNewsWire

CON EDISON LEADERSHIP TO PRESENT WEBCAST ABOUT OUR CLEAN ENERGY FUTURE ON OCTOBER 3rd

NEW YORK , Oct. 2, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (NYSE: ED) will make a clean energy presentation from 9 a.m. to 10 a.m.

6 months ago - PRNewsWire

CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 3

NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Consolidated Edison's corporate leadership will make a Clean Energy Future presentation from 9 a.m.

6 months ago - PRNewsWire

NY's Con Edison building 1,500-MW Brooklyn hub to plug into offshore wind

New York's Con Edison on Tuesday said it has broken ground on a transmission substation project, the Brooklyn Clean Energy Hub, to strengthen the region's power grid by serving as a plug-in point for ...

7 months ago - Reuters

Here are 19 stocks Jim Cramer is watching, including Chipotle, LULU and Airbnb

Here are some of the tickers on my radar for Tuesday, Sept. 5, taken directly from my reporter's notebook.

Other symbols: ABNBCMGABAXPBXPCCJCNC
7 months ago - CNBC

Con Edison to Attend Barclays CEO Energy-Power Conference, September 7

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) executives will meet with investors at the Barclays CEO Energy-Power Conference in New York City on September...

7 months ago - PRNewsWire

The Fed Will Send These Safe Dividends Soaring In 2024

We're bullish on utilities now because this economy is bogging out. We got more proof of that last week, with China posting an anemic 0.8% growth rate in Q2.

Other symbols: AEEAEPXLU
7 months ago - Forbes

Consolidated Edison's Q2 profit falls on weak electricity demand

Utility firm Consolidated Edison on Thursday posted a fall in second-quarter profit and sales as mild weather in the United States dented demand for gas and electricity.

8 months ago - Reuters

CON EDISON REPORTS 2023 SECOND QUARTER EARNINGS

NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 second quarter net income for common stock of $226 million or $0.65 a share compared with ...

8 months ago - PRNewsWire

Con Edison to Report 2nd Quarter 2023 Earnings on August 3

NEW YORK , July 17, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd Quarter 2023 earnings on August 3, 2023 after the market closes. Consolidated Edison, ...

9 months ago - PRNewsWire

Con Edison President to Speak at J.P. Morgan Energy, Power & Renewables Conference on June 21

NEW YORK , June 20, 2023 /PRNewswire/ -- Con Edison President Matt Ketschke will speak at the J.P. Morgan Energy, Power & Renewables Conference at 7:40 a.m.

10 months ago - PRNewsWire

Con Edison to Attend AGA Financial Conference, May 21 and 22

NEW YORK , May 19, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at the American Gas Association Financial Forum in Fort Lauderdale, Fla....

11 months ago - PRNewsWire