Q1 EPS Estimate for Consolidated Edison Raised by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Stock analysts at Zacks Research raised their Q1 2025 EPS estimates for Consolidated Edison in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the utilities provider will post earnings of $2.09 per share for the quarter, up from their prior forecast of $2.07. The consensus estimate for Consolidated Edison’s current full-year earnings is $5.34 per share. Zacks Research also issued estimates for Consolidated Edison’s Q2 2025 earnings at $0.46 EPS, Q4 2025 earnings at $1.27 EPS, Q2 2026 earnings at $0.87 EPS and Q3 2026 earnings at $1.85 EPS.

Consolidated Edison (NYSE:ED) last announced its earnings results on Thursday, November 7th. The utilities provider reported $1.68 earnings per share 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 the consensus estimate of $4.02 billion. Consolidated Edison had a net margin of 12.27% and a return on equity of 8.70%.

ED has been the topic of a number of other research reports. UBS Group upped their price target on shares of Consolidated Edison from $105.00 to $106.00 and gave the company a “neutral” rating in a research note on Friday, September 20th. Morgan Stanley cut their target price on Consolidated Edison from $88.00 to $85.00 and set an “underweight” rating on the stock in a research report on Friday, November 22nd. Citigroup upgraded Consolidated Edison from a “neutral” rating to a “buy” rating and boosted their price target for the company from $103.00 to $116.00 in a research note on Tuesday, October 15th. Barclays reduced their price objective on Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating for the company in a research note on Friday, November 8th. Finally, Scotiabank raised shares of Consolidated Edison from a “sector underperform” rating to a “sector perform” rating and upped their price objective for the company from $90.00 to $100.00 in a report on Thursday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $99.96.

Consolidated Edison Stock Performance

ED opened at $92.61 on Friday. The firm’s 50-day moving average price is $100.45 and its 200-day moving average price is $98.19. The company has a market cap of $32.08 billion, a P/E ratio of 17.44, a price-to-earnings-growth ratio of 3.11 and a beta of 0.36. The company has a quick ratio of 0.93, a current ratio of 1.01 and a debt-to-equity ratio of 1.07. Consolidated Edison has a 52-week low of $85.85 and a 52-week high of $107.75.

Consolidated Edison Dividend Announcement

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

Institutional Trading of Consolidated Edison

Institutional investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. increased its stake in shares of Consolidated Edison by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,276 shares of the utilities provider’s stock worth $1,455,000 after purchasing an additional 529 shares in the last quarter. Fiduciary Financial Group LLC acquired a new stake in Consolidated Edison in the 2nd quarter worth about $405,000. Triad Wealth Partners LLC purchased a new stake in Consolidated Edison during the 2nd quarter worth approximately $111,000. Blue Trust Inc. lifted its position in shares of Consolidated Edison by 27.6% in the second quarter. Blue Trust Inc. now owns 2,749 shares of the utilities provider’s stock valued at $250,000 after acquiring an additional 595 shares in the last quarter. Finally, Marshall Financial Group LLC lifted its position in shares of Consolidated Edison by 4.5% in the second quarter. Marshall Financial Group LLC now owns 26,573 shares of the utilities provider’s stock valued at $2,376,000 after acquiring an additional 1,141 shares in the last quarter. 66.29% of the stock is owned by institutional investors and hedge funds.

About Consolidated Edison

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.