Q1 EPS Forecast for Consolidated Edison Raised by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Equities researchers at Zacks Research lifted their Q1 2025 EPS estimates for Consolidated Edison in a report released on Monday, January 20th. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings of $2.18 per share for the quarter, up from their prior estimate of $2.16. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.35 per share. Zacks Research also issued estimates for Consolidated Edison’s Q3 2025 earnings at $1.85 EPS, Q4 2025 earnings at $1.13 EPS, Q4 2026 earnings at $1.34 EPS and FY2026 earnings at $5.94 EPS.

ED has been the topic of a number of other research reports. Barclays dropped their price target on Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating on the stock in a research report on Friday, November 8th. Scotiabank upgraded shares of Consolidated Edison from a “sector underperform” rating to a “sector perform” rating and increased their target price for the stock from $90.00 to $100.00 in a report on Thursday, December 12th. Evercore ISI raised shares of Consolidated Edison from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Jefferies Financial Group initiated coverage on shares of Consolidated Edison in a research report on Wednesday, October 9th. They issued a “hold” rating and a $108.00 price target for the company. Finally, Citigroup raised shares of Consolidated Edison from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $103.00 to $116.00 in a report on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, two have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $100.64.

Consolidated Edison Stock Down 0.0 %

Shares of NYSE ED opened at $90.75 on Wednesday. Consolidated Edison has a 52-week low of $85.85 and a 52-week high of $107.75. The firm has a market capitalization of $31.44 billion, a price-to-earnings ratio of 17.09, a PEG ratio of 2.97 and a beta of 0.38. The stock has a 50 day moving average price of $93.08 and a 200 day moving average price of $97.98. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.93 and a current ratio of 1.01.

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

Institutional Investors Weigh In On Consolidated Edison

Several institutional investors have recently added to or reduced their stakes in ED. Point72 Asset Management L.P. grew its stake in Consolidated Edison by 1,766.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 988,961 shares of the utilities provider’s stock valued at $102,980,000 after purchasing an additional 935,962 shares during the last quarter. FMR LLC lifted its holdings in shares of Consolidated Edison by 82.3% during the third quarter. FMR LLC now owns 1,268,424 shares of the utilities provider’s stock worth $132,081,000 after purchasing an additional 572,530 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Consolidated Edison by 10,262.1% during the third quarter. International Assets Investment Management LLC now owns 553,546 shares of the utilities provider’s stock worth $57,641,000 after purchasing an additional 548,204 shares during the period. National Bank of Canada FI boosted its position in Consolidated Edison by 350.6% in the third quarter. National Bank of Canada FI now owns 620,705 shares of the utilities provider’s stock valued at $64,634,000 after buying an additional 482,953 shares during the last quarter. Finally, State Street Corp increased its holdings in Consolidated Edison by 1.7% in the 3rd quarter. State Street Corp now owns 23,429,218 shares of the utilities provider’s stock worth $2,439,684,000 after buying an additional 399,034 shares during the period. Institutional investors and hedge funds own 66.29% of the company’s stock.

Consolidated Edison Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Wednesday, February 19th will be issued a $0.85 dividend. This is a positive change from Consolidated Edison’s previous quarterly dividend of $0.83. This represents a $3.40 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Wednesday, February 19th. Consolidated Edison’s payout ratio is currently 62.52%.

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.