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Consolidated Edison, Inc. (ED)
NYSE:ED
Holding ED?
Track your performance easily
ED Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$85.85 - $107.75
Previous Close$98.13
Volume2.92M
Average Volume (3M)1.79M
Market Cap
$33.78B
Enterprise Value$59.98B
Total Cash (Recent Filing)$93.00M
Total Debt (Recent Filing)$26.29B
Price to Earnings (P/E)18.4
Beta0.02
Next Earnings
Feb 13, 2025EPS Estimate
$0.97Next Dividend Ex-Date
Nov 13, 2024Dividend Yield3.38%
Share Statistics
EPS (TTM)5.32
Shares Outstanding346,147,200
10 Day Avg. Volume2,468,868
30 Day Avg. Volume1,791,438
Standard Deviation0.06
R-Squared0.11
Alpha0.00196
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)2.28
Price to Cash Flow (P/CF)6.30
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.88
Enterprise Value/Gross Profit8.10
Enterprise Value/Ebitda7.59
Forecast
1Y Price Target
$101.30Price Target Upside3.23% Upside
Rating ConsensusHold
Number of Analyst Covering12
Consolidated Edison News
PremiumCompany Announcements
Consolidated Edison Reports Strong Q3 2024 EarningsBulls Say, Bears Say
Bulls Say
EarningsAn increase in authorized ROEs for CECONY is expected, potentially improving earnings significantly.
Investment OpportunitiesHighly visible transmission capex opportunities suggest strong potential for future growth.
Regulatory EnvironmentCECONY and O&R rate cases likely to drive EPS acceleration, pointing to improved regulatory environment outcomes.
Bears Say
Equity Layer PotentialProspects for a higher equity layer remain limited due to the Commission's historical consistency in maintaining a 48% level.
Market PerformanceThe stock has underperformed compared to the XLU, attributed more to market preference shifts than caution on the company.
ValuationThe shares are considered fairly valued presently, leading to a HOLD rating.
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Ownership Overview
0.18% Insiders
16.28% Mutual Funds
3.14% Other Institutional Investors
51.96% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ED FAQ
What was Consolidated Edison, Inc.’s price range in the past 12 months?
Consolidated Edison, Inc. lowest stock price was $85.85 and its highest was $107.75 in the past 12 months.
What is Consolidated Edison, Inc.’s market cap?
Currently, no data Available
When is Consolidated Edison, Inc.’s upcoming earnings report date?
Consolidated Edison, Inc.’s upcoming earnings report date is Feb 13, 2025 which is in 96 days.
How were Consolidated Edison, Inc.’s earnings last quarter?
Consolidated Edison, Inc. released its earnings results on Nov 07, 2024. The company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.588 by $0.092.
Is Consolidated Edison, Inc. overvalued?
According to Wall Street analysts Consolidated Edison, Inc.’s price is currently Undervalued.
Does Consolidated Edison, Inc. pay dividends?
Consolidated Edison, Inc. pays a Quarterly dividend of $0.83 which represents an annual dividend yield of 3.38%. See more information on Consolidated Edison, Inc. dividends here
What is Consolidated Edison, Inc.’s EPS estimate?
Consolidated Edison, Inc.’s EPS estimate is $0.97.
How many shares outstanding does Consolidated Edison, Inc. have?
Consolidated Edison, Inc. has 346,147,200 shares outstanding.
What happened to Consolidated Edison, Inc.’s price movement after its last earnings report?
Consolidated Edison, Inc. reported an EPS of $1.68 in its last earnings report, beating expectations of $1.588. Following the earnings report the stock price went up 0.564%.
Which hedge fund is a major shareholder of Consolidated Edison, Inc.?
Among the largest hedge funds holding Consolidated Edison, Inc.’s share is Bridgewater Associates, LP. It holds Consolidated Edison, Inc.’s shares valued at 324K.
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Consolidated Edison Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$101.30 (3.23% Upside)
$101.30 (3.23% Upside)
Blogger Sentiment
Bullish
ED Sentiment 92%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 25.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.62%
12-Months-Change
Fundamentals
Return on Equity
8.59%
Trailing 12-Months
Asset Growth
6.58%
Trailing 12-Months
Company Description
Consolidated Edison, Inc.
Consolidated Edison Co. of New York, Inc. engages in the distribution of electric power services. It operates through the following segments: Electric, Gas, and Steam. The company was founded in 1884 and is headquartered in New York, NY.
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ED Revenue Breakdown
73.89% Electric
21.33% Gas
3.88% Steam
0.90% Non-utility
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ED Stock 12 Month Forecast
Average Price Target
$101.30
▲(3.23% Upside)
Technical Analysis
Best Analysts Covering ED
1 Year
1 Year Success Rate
12/41 ratings generated profit
1 Year Average Return
-9.18%
reiterated a sell rating 16 days ago
Copying David Arcaro's trades and holding each position for 1 Year would result in 29.27% of your transactions generating a profit, with an average return of -9.18% per trade.
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