Consolidated Edison, Inc. (ED)

NYSE: ED · IEX Real-Time Price · USD
94.04
-0.07 (-0.07%)
At close: Jul 19, 2024, 4:00 PM
94.37
+0.33 (0.35%)
After-hours: Jul 19, 2024, 7:38 PM EDT
-0.07%
Market Cap 32.52B
Revenue (ttm) 14.54B
Net Income (ttm) 1.81B
Shares Out 345.84M
EPS (ttm) 5.22
PE Ratio 18.02
Forward PE 17.30
Dividend $3.32 (3.53%)
Ex-Dividend Date Aug 14, 2024
Volume 1,809,579
Open 94.57
Previous Close 94.11
Day's Range 93.59 - 94.63
52-Week Range 80.46 - 98.85
Beta 0.34
Analysts Hold
Price Target 91.21 (-3.01%)
Earnings Date Aug 1, 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 13 analysts, the average rating for ED stock is "Hold." The 12-month stock price forecast is $91.21, which is a decrease of -3.01% from the latest price.

Price Target
$91.21
(-3.01% downside)
Analyst Consensus: Hold
Stock Forecasts

News

CON EDISON DECLARES COMMON STOCK DIVIDEND

NEW YORK , July 18, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 83 cents a share on its common stock, payable September 16, 2024 to stockhol...

3 days ago - PRNewsWire

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, ...

10 days ago - PRNewsWire

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.

5 weeks ago - CNBC

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...

Other symbols: EVRG
5 weeks ago - PRNewsWire

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).

Other symbols: EVRG
5 weeks ago - Business Wire

Con Edison Executives to Attend Financial Conferences in May and June 2024

NEW YORK , May 15, 2024 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at various conferences during May and June 2024. A copy of Con Edison's ...

2 months ago - PRNewsWire

Bullish On AAPL, ED, NVDA

How will the upcoming CPI data and A.I. announcements impact stocks?

Other symbols: AAPLNVDA
2 months ago - Schwab Network

Utility Stocks Have Jumped. Why It Might Be Time to Sell.

The sector's shares have moved higher, but expected dividends payments haven't grown much.

Other symbols: DDUKXLU
2 months ago - Barrons

CON EDISON REPORTS 2024 FIRST QUARTER EARNINGS

NEW YORK , May 2, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2024 first quarter net income for common stock of $720 million or $2.08 a share compared with $1...

2 months ago - PRNewsWire

9 Stocks That Thrive When Interest Rates Are Higher

Though economic stress could be on the way, a few groups of stocks can benefit.

Other symbols: DUKGISKMBKOMCKUNHVRTX
3 months ago - Barrons

Con Edison to Report 1st Quarter 2024 Earnings on May 2

NEW YORK , April 11, 2024 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) plans to report its 1st Quarter 2024 earnings on May 2, 2024 after the market closes. Consolidated Edison, I...

3 months ago - PRNewsWire

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...

4 months 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 months 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.

6 months ago - Reuters

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...

6 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...

7 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
7 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...

8 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, ...

9 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.

9 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 $...

9 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.

9 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...

9 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,...

10 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.

10 months ago - PRNewsWire