Consolidated Edison, Inc. (ED)
| Market Cap | 31.40B |
| Revenue (ttm) | 15.25B |
| Net Income (ttm) | 2.38B |
| Shares Out | 345.22M |
| EPS (ttm) | 6.75 |
| PE Ratio | 13.48 |
| Forward PE | 18.92 |
| Dividend | $3.24 (3.56%) |
| Ex-Dividend Date | Nov 14, 2023 |
| Volume | 836,695 |
| Open | 90.34 |
| Previous Close | 90.65 |
| Day's Range | 90.04 - 91.00 |
| 52-Week Range | 80.46 - 100.92 |
| Beta | 0.38 |
| Analysts | Hold |
| Price Target | 88.53 (-2.68%) |
| Earnings Date | Feb 15, 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 3.6 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]
Financial Performance
In 2022, ED's revenue was $15.67 billion, an increase of 14.58% compared to the previous year's $13.68 billion. Earnings were $1.66 billion, an increase of 23.33%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for ED stock is "Hold." The 12-month stock price forecast is $88.53, which is a decrease of -2.68% from the latest price.
News
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...
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, ...
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.
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 $...
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...
CON EDISON DECLARES COMMON STOCK DIVIDEND
NEW YORK , Oct. 19, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 81 cents a share on its common stock, payable December 15, 2023 to stockhold...
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,...
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.
CON EDISON TO WEBCAST CLEAN ENERGY FUTURE PRESENTATION ON OCTOBER 3
NEW YORK , Sept. 18, 2023 /PRNewswire/ -- Consolidated Edison's corporate leadership will make a Clean Energy Future presentation from 9 a.m.
NY's Con Edison building 1,500-MW Brooklyn hub to plug into offshore wind
New York's Con Edison on Tuesday said it has broken ground on a transmission substation project, the Brooklyn Clean Energy Hub, to strengthen the region's power grid by serving as a plug-in point for ...
Con Edison to Attend Barclays CEO Energy-Power Conference, September 7
NEW YORK , Sept. 1, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) executives will meet with investors at the Barclays CEO Energy-Power Conference in New York City on September...
The Fed Will Send These Safe Dividends Soaring In 2024
We're bullish on utilities now because this economy is bogging out. We got more proof of that last week, with China posting an anemic 0.8% growth rate in Q2.
Consolidated Edison's Q2 profit falls on weak electricity demand
Utility firm Consolidated Edison on Thursday posted a fall in second-quarter profit and sales as mild weather in the United States dented demand for gas and electricity.
CON EDISON REPORTS 2023 SECOND QUARTER EARNINGS
NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 second quarter net income for common stock of $226 million or $0.65 a share compared with ...
Con Edison to Report 2nd Quarter 2023 Earnings on August 3
NEW YORK , July 17, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd Quarter 2023 earnings on August 3, 2023 after the market closes. Consolidated Edison, ...
Insiders Are Buying Consolidated Edison
The insiders don't hold much of Consolidated Edison, but they are putting their money into the company. The insiders have only bought stock for the last 5 quarters, and before that only bought stock s...
Con Edison President to Speak at J.P. Morgan Energy, Power & Renewables Conference on June 21
NEW YORK , June 20, 2023 /PRNewswire/ -- Con Edison President Matt Ketschke will speak at the J.P. Morgan Energy, Power & Renewables Conference at 7:40 a.m.
Con Edison to Attend AGA Financial Conference, May 21 and 22
NEW YORK , May 19, 2023 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors at the American Gas Association Financial Forum in Fort Lauderdale, Fla....
CON EDISON CEO TIM CAWLEY TELLS SHAREHOLDERS FUTURE IS BRIGHT AS COMPANY LEADS ON CLEAN ENERGY
Company Seeks to Deliver 100 Percent Clean Energy, Supports Electrification of Buildings and Transportation, Offers Robust Energy Efficiency Programs NEW YORK , May 15, 2023 /PRNewswire/ -- Con Edison...
CON EDISON REPORTS 2023 FIRST QUARTER EARNINGS
NEW YORK , May 4, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2023 first quarter net income for common stock of $1,433 million or $4.06 a share compared with ...
Con Edison to Report 1st Quarter 2023 Earnings on May 4
NEW YORK , April 25, 2023 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2023 earnings on May 4, 2023 after the market closes. Consolidated Edison, In...
CON EDISON RELEASES SUSTAINABILITY REPORT: POWERING NEW YORK'S CLEAN ENERGY TRANSITION
Investments in Transmission, Grid Upgrades Will Support Delivery of 100 Percent Clean Energy by 2040 NEW YORK , April 21, 2023 /PRNewswire/ -- In celebration of Earth Week, Con Edison has published it...