Q1 EPS Estimate for Consolidated Edison Boosted by Analyst

Consolidated Edison, Inc. (NYSE:ED) – Stock analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Consolidated Edison in a note issued to investors on Monday, January 20th. Zacks Research analyst R. Department now forecasts that the utilities provider will post earnings of $2.18 per share for the quarter, up from their prior forecast 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 reports. Evercore ISI upgraded shares of Consolidated Edison from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Barclays decreased their target price on shares of Consolidated Edison from $104.00 to $99.00 and set an “underweight” rating on the stock in a research note on Friday, November 8th. Scotiabank raised Consolidated Edison from a “sector underperform” rating to a “sector perform” rating and upped their target price for the stock from $90.00 to $100.00 in a report on Thursday, December 12th. Morgan Stanley cut their price target on Consolidated Edison from $88.00 to $85.00 and set an “underweight” rating on the stock in a research note on Friday, November 22nd. Finally, Citigroup upgraded Consolidated Edison from a “neutral” rating to a “buy” rating and boosted their price target for the stock 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 given a hold rating, two have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $100.64.

Consolidated Edison Price Performance

Shares of ED stock opened at $93.17 on Wednesday. The business has a fifty day simple moving average of $93.25 and a 200 day simple moving average of $98.01. The company has a market cap of $32.28 billion, a P/E ratio of 17.55, a P/E/G ratio of 2.99 and a beta of 0.38. 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 twelve month low of $85.85 and a twelve month high of $107.75.

Consolidated Edison (NYSE:ED) last announced its quarterly earnings data 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 business 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%.

Institutional Trading of Consolidated Edison

Several large investors have recently made changes to their positions in ED. Capital Performance Advisors LLP bought a new position in Consolidated Edison in the 3rd quarter valued at $27,000. AlphaMark Advisors LLC bought a new position in Consolidated Edison in the 4th quarter valued at $27,000. Ashton Thomas Securities LLC purchased a new position in shares of Consolidated Edison during the third quarter worth about $30,000. Future Financial Wealth Managment LLC bought a new position in shares of Consolidated Edison in the 3rd quarter worth $55,000. Finally, FSA Wealth Management LLC purchased a new stake in Consolidated Edison during the third quarter valued at about $55,000. 66.29% of the stock is currently owned by institutional investors and hedge funds.

Consolidated Edison Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Wednesday, February 19th will be given a dividend of $0.85 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Wednesday, February 19th. This is an increase from Consolidated Edison’s previous quarterly dividend of $0.83. Consolidated Edison’s payout ratio is presently 62.52%.

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.