Q3 EPS Forecast for Consolidated Edison Increased by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Consolidated Edison in a research note issued to investors on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the utilities provider will earn $1.80 per share for the quarter, up from their prior estimate of $1.77. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.34 per share.

A number of other brokerages have also recently commented on ED. Evercore ISI raised Consolidated Edison from a “hold” rating to a “strong-buy” rating in a report on Friday, November 8th. Jefferies Financial Group initiated coverage on Consolidated Edison in a research note on Wednesday, October 9th. They issued a “hold” rating and a $108.00 price objective on the stock. UBS Group lifted their price objective on Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a research report on Friday, September 20th. Barclays reduced their target price on shares of Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating for the company in a report on Friday, November 8th. Finally, Morgan Stanley lowered their price target on shares of Consolidated Edison from $88.00 to $85.00 and set an “underweight” rating on the stock in a report on Friday, November 22nd. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $99.96.

Consolidated Edison Stock Up 0.1 %

Shares of ED stock opened at $92.69 on Monday. The company has a 50 day simple moving average of $100.02 and a two-hundred day simple moving average of $98.22. The stock has a market cap of $32.11 billion, a P/E ratio of 17.46, a P/E/G ratio of 3.11 and a beta of 0.36. Consolidated Edison has a 12 month low of $85.85 and a 12 month high of $107.75. The company has a current ratio of 1.01, a quick ratio of 0.93 and a debt-to-equity ratio of 1.07.

Consolidated Edison (NYSE:ED) last released its quarterly earnings results on Thursday, November 7th. The utilities provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.56 by $0.12. The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $4.02 billion. Consolidated Edison had a net margin of 12.27% and a return on equity of 8.70%.

Consolidated Edison Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Wednesday, November 13th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, November 13th. Consolidated Edison’s payout ratio is currently 62.52%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in Consolidated Edison in the third quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Consolidated Edison in the 3rd quarter worth approximately $30,000. Cultivar Capital Inc. bought a new position in shares of Consolidated Edison during the 2nd quarter valued at approximately $54,000. Future Financial Wealth Managment LLC purchased a new stake in Consolidated Edison during the 3rd quarter valued at $55,000. Finally, FSA Wealth Management LLC bought a new stake in Consolidated Edison in the third quarter worth $55,000. 66.29% of the stock is currently owned by institutional investors.

Consolidated Edison Company Profile

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.