Want to see ED full AI Analyst Report?
Top Page
Consolidated Edison
(NYSE:ED)
Select Model
Select Model
Rating:61Neutral
Price Target:
$120.00
â–²(6.19% Upside)
Action:Reiterated
Date:06/03/26
The score is primarily driven by steady financial performance typical of a regulated utility, tempered by leverage and historically uneven free cash flow. Technical indicators are the main near-term drag due to weak momentum versus key moving averages and a negative MACD. Valuation is supportive with a reasonable P/E and a solid dividend yield, and recent liquidity/funding events add modestly positive support.
Positive Factors
Regulated business model
Con Edison’s core regulated utility model creates durable, rate‑regulated cash flows tied to an approved rate base and allowed returns. That regulatory framework limits competitive pressure and provides predictable revenue recovery for long‑lived infrastructure investments over multi‑year periods.
Negative Factors
Meaningful leverage
A debt‑heavy capital structure raises interest‑rate sensitivity and constrains financial flexibility in a capital‑intensive business. Higher leverage can pressure credit metrics, increase financing costs over time, and limit the company’s ability to self‑fund large capital programs without additional external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated business model
Con Edison’s core regulated utility model creates durable, rate‑regulated cash flows tied to an approved rate base and allowed returns. That regulatory framework limits competitive pressure and provides predictable revenue recovery for long‑lived infrastructure investments over multi‑year periods.
Read all positive factors
Consolidated Edison Key Performance Indicators (KPIs)
Consolidated Edison (ED) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$40.41B
Dividend Yield3.19%
Average Volume (3M)2.23M
Price to Earnings (P/E)18.3
Beta (1Y)-0.28
Revenue Growth9.10%
EPS Growth9.59%
CountryUS
Employees15,407
SectorUtilities
Sector Strength65
IndustryRegulated Electric
Share Statistics
EPS (TTM)5.96
Shares Outstanding368,529,700
10 Day Avg. Volume2,057,788
30 Day Avg. Volume2,227,323
Financial Highlights & Ratios
PEG Ratio2.31
Price to Book (P/B)1.47
Price to Sales (P/S)2.10
P/FCF Ratio986.03
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$109.45Price Target Upside-3.15% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering11
EPS Forecast (FY)6.1
Revenue Forecast (FY)$17.59B
Consolidated Edison Business Overview & Revenue Model
Company Description
Consolidated Edison, Inc., through its various subsidiaries, primarily operates in the regulated sectors of electricity, natural gas, and steam distribution across the United States. The company supplies electric power to approximately 3.5 million...
How the Company Makes Money
Con Edison makes most of its money through regulated utility operations. Its primary revenue streams come from (1) electricity delivery: charging regulated rates for distributing electricity over its wires network to end customers; (2) natural gas...
Consolidated Edison Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.21B | 16.92B | 15.26B | 14.65B | 15.66B | 13.67B |
| Gross Profit | 11.19B | 10.49B | 9.76B | 8.96B | 9.55B | 8.89B |
| EBITDA | 6.97B | 6.15B | 5.48B | 6.06B | 5.17B | 4.37B |
| Net Income | 2.15B | 2.02B | 1.82B | 2.52B | 1.66B | 1.35B |
Balance Sheet | ||||||
| Total Assets | 74.74B | 74.60B | 70.56B | 66.33B | 69.06B | 63.12B |
| Cash, Cash Equivalents and Short-Term Investments | 147.00M | 1.63B | 1.32B | 1.19B | 1.28B | 992.00M |
| Total Debt | 27.18B | 28.75B | 27.82B | 25.01B | 24.41B | 25.36B |
| Total Liabilities | 49.15B | 50.41B | 48.60B | 45.17B | 48.18B | 42.78B |
| Stockholders Equity | 25.60B | 24.19B | 21.96B | 21.16B | 20.69B | 20.04B |
Cash Flow | ||||||
| Free Cash Flow | 2.81B | 36.00M | -1.16B | -2.34B | -233.00M | -1.22B |
| Operating Cash Flow | 4.14B | 4.80B | 3.61B | 2.16B | 3.94B | 2.73B |
| Investing Cash Flow | -4.95B | -5.25B | -5.27B | -1.00B | -4.57B | -3.48B |
| Financing Cash Flow | 604.00M | 746.00M | 1.80B | -1.49B | 1.01B | 461.00M |
Consolidated Edison Technical Analysis
Negative
113.01
Price Trends
109.22
Negative
109.49
Negative
105.20
Positive
Market Momentum
0.88
Positive
57.59
Neutral
55.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ED, the sentiment is Negative. The current price of 113.01 is above the 20-day moving average (MA) of 111.51, above the 50-day MA of 109.22, and above the 200-day MA of 105.20, indicating a neutral trend. The MACD of 0.88 indicates Positive momentum. The RSI at 57.59 is Neutral, neither overbought nor oversold. The STOCH value of 55.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ED.
Consolidated Edison Risk Analysis
Consolidated Edison disclosed 17 risk factors in its most recent earnings report. Consolidated Edison reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Consolidated Edison Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $38.64B | 16.89 | 13.32% | 3.28% | 20.30% | 23.48% | |
66 Neutral | $35.85B | 21.04 | 11.99% | 3.19% | 8.93% | -0.59% | |
66 Neutral | $48.84B | 21.31 | 7.27% | 2.85% | 4.57% | 1.46% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
63 Neutral | $46.64B | 16.72 | 9.61% | 3.45% | 6.56% | 3.72% | |
61 Neutral | $40.41B | 18.26 | 8.82% | 3.07% | 9.10% | 9.59% | |
58 Neutral | $49.47B | 27.18 | 10.63% | 2.17% | 10.19% | -2.59% |
* Utilities Sector Average
ED
Consolidated Edison
108.85
7.77
7.69%
ETR
Entergy
107.62
20.19
23.09%
EXC
Exelon
45.82
2.71
6.28%
PEG
Public Service Enterprise
76.68
-9.44
-10.96%
WEC
WEC Energy Group
109.42
2.77
2.60%
XEL
Xcel Energy
78.20
6.93
9.72%
Consolidated Edison Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Consolidated Edison Issues New Long-Term Registered Debentures
Positive
Jun 3, 2026
On June 1, 2026, Consolidated Edison Company of New York, Inc. entered into an underwriting agreement with a syndicate led by J.P. Morgan Securities, Mizuho Securities USA, PNC Capital Markets and Wells Fargo Securities to issue two new series of ...
Executive/Board ChangesShareholder Meetings
Consolidated Edison Shareholders Back Directors, Pay and Auditor
Positive
May 20, 2026
At its May 18, 2026 annual meeting, Consolidated Edison stockholders elected the company’s slate of directors, with all nominees, including CEO Timothy P. Cawley and other board members, receiving majority support despite some notable opposi...
Business Operations and StrategyPrivate Placements and Financing
Con Edison Launches $2 Billion At-The-Market Equity Program
Neutral
May 8, 2026
On May 8, 2026, Con Edison entered into an equity distribution agreement with a syndicate of major financial institutions to establish an at-the-market equity program for up to $2 billion of its common shares. The program allows the utility to iss...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.