Consolidated Edison (ED) AI Stock Analysis

• Market Cap: $35.33B
• Dividend Yield: 3.47%
• Average Volume (3M): 2.82M
• Price to Earnings (P/E): 18.5
• Beta (1Y): -0.06
• Revenue Growth: 8.52%
• EPS Growth: 3.91%
• Country: US
• Employees: 15,097
• Sector: Utilities
• Sector Strength: 75
• Industry: Regulated Electric
• EPS (TTM): 2.26
• Shares Outstanding: 360,296,100
• 10 Day Avg. Volume: 3,258,856
• 30 Day Avg. Volume: 2,816,183
• PEG Ratio: 5.46
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -44.86
• Enterprise Value/Market Cap: 1.76
• Enterprise Value/Revenue: 1.02
• Enterprise Value/Gross Profit: 7.02
• Enterprise Value/Ebitda: 2.78
• 1Y Price Target: $106.36
• Price Target Upside: 8.08% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 11

• Rating: 64 Neutral
• Price Target: $109.00 ▲(10.76%Upside)

Consolidated Edison scores moderately due to stable financial performance but is weighed down by technical indicators suggesting bearish momentum and cash flow concerns. Valuation is reasonable, but not compelling enough to offset other challenges. Corporate events provide some stability, but financial and technical weaknesses are more impactful.

Positive Factors

Earnings

Consolidated Edison, Inc. reported Q1 adjusted operating EPS of $2.26, which is higher than Consensus and BofA estimates.

Financial Forecast

ConEd's guidance of EPS growth at 6-7% through 2029 is based on a solid rate base growth and authorized ROE, indicating a strong long-term outlook.

Guidance

Consolidated Edison maintains its 2025 EPS guidance and $38 billion in capex and 8.2% rate base growth through 2029.

Negative Factors

Project Uncertainty

Investors may focus on the ongoing rate case and the stop work order at the Empire Wind 1 site, which suggests uncertainty around these projects.

Rate Case

Growing affordability issues and opposition to rate increases create headwinds for the rate case.

Transmission Segment

There are increased losses in the transmission segment and parent company.

Consolidated Edison Business Overview & Revenue Model

Company Description

Consolidated Edison, Inc. (ED), commonly known as Con Edison, is a major investor-owned energy company based in New York City. It primarily operates in the utility sector, focusing on the regulated distribution, transmission, and generation of electricity, gas, and steam. Con Edison serves millions of customers in New York City and Westchester County, and it is committed to providing reliable and sustainable energy solutions.

How the Company Makes Money

Consolidated Edison generates revenue through its regulated utility operations, which involve the distribution of electricity, natural gas, and steam to residential, commercial, and industrial customers. The company earns money by charging customers for the energy consumed, which includes the costs of generation, transmission, and delivery. Additionally, Con Edison invests in infrastructure improvements and maintenance to ensure reliable service, which can also contribute to rate adjustments approved by regulatory bodies. The company may also engage in energy-related projects and partnerships that support renewable energy initiatives and grid modernization, further impacting its revenue streams.

Consolidated Edison Financial Statement Overview

Summary

Consolidated Edison shows stable revenue growth and effective operational management with strong gross and EBITDA margins. However, profitability needs improvement, and cash flow issues, especially negative free cash flow growth, pose a concern for long-term financial flexibility.

Income Statement

The income statement reflects a stable revenue growth trajectory with a TTM revenue increase of 3.43% compared to the previous year. The gross profit margin stands at 56.20% for TTM, indicating strong cost control. However, the net profit margin of 11.98% suggests room for improvement in profitability. The EBIT margin of 17.64% and EBITDA margin of 35.86% for TTM highlight effective operational management despite the need for enhanced net income growth.

Balance Sheet

The balance sheet reveals a Debt-to-Equity ratio of 1.10, indicating a moderate leverage level, which is typical for the industry. The Return on Equity (ROE) for TTM is 7.95%, reflecting decent shareholder return but with potential for enhancement. The equity ratio of 33.64% shows a strong equity base relative to total assets, ensuring financial stability.

Cash Flow

Cash flow analysis indicates challenges with free cash flow, showing negative growth. The operating cash flow to net income ratio of 2.05 for TTM suggests strong cash generation relative to net income. However, the free cash flow to net income ratio is unfavorable at -0.43, indicating pressure on cash reserves, likely due to significant capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.78B	15.26B	14.66B	15.67B	13.68B	12.25B
Gross Profit	8.87B	8.17B	7.41B	7.68B	7.67B	7.15B
EBITDA	5.66B	5.48B	6.06B	5.03B	4.72B	4.37B
Net Income	1.89B	1.82B	2.52B	1.66B	1.35B	1.10B
Balance Sheet
Total Assets	70.69B	70.56B	66.33B	69.06B	63.12B	62.90B
Cash, Cash Equivalents and Short-Term Investments	360.00M	1.32B	1.19B	1.28B	992.00M	1.27B
Total Debt	26.22B	27.82B	25.01B	24.41B	25.36B	25.08B
Total Liabilities	46.91B	48.60B	45.17B	48.18B	42.78B	43.83B
Stockholders Equity	23.78B	21.96B	21.16B	20.69B	20.04B	18.85B
Cash Flow
Free Cash Flow	-811.00M	-1.16B	-2.34B	-233.00M	-1.22B	-1.71B
Operating Cash Flow	3.88B	3.61B	2.16B	3.94B	2.73B	2.20B
Investing Cash Flow	-5.16B	-5.27B	-1.00B	-4.57B	-3.48B	-4.22B
Financing Cash Flow	1.47B	1.80B	-1.49B	1.01B	461.00M	2.25B

Consolidated Edison Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 98.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 98.41 is below the 20-day moving average (MA) of 101.87, below the 50-day MA of 105.14, and below the 200-day MA of 99.66, indicating a bearish trend. The MACD of -1.45 indicates Positive momentum. The RSI at 33.91 is Neutral, neither overbought nor oversold. The STOCH value of 8.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ED.

Consolidated Edison Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WEC	72 Outperform	$32.83B	20.08	12.96%	3.47%	4.42%	11.98%
PEG	69 Neutral	$41.29B	22.62	11.40%	3.04%	11.24%	1.15%
ETR	69 Neutral	$35.03B	26.39	8.96%	2.95%	-0.84%	-37.59%
XEL	67 Neutral	$38.83B	20.12	10.26%	3.39%	-0.44%	2.14%
Sector *	67 Neutral	$16.29B	16.86	4.63%	3.62%	4.77%	6.10%
PCG	66 Neutral	$30.31B	13.02	8.55%	0.72%	1.91%	-4.40%
ED	64 Neutral	$35.33B	18.50	8.33%	3.47%	8.52%	3.91%

Consolidated Edison Corporate Events

Consolidated Edison Holds Annual Shareholder Meeting

At the Annual Meeting, Consolidated Edison, Inc. stockholders elected board members, ratified PricewaterhouseCoopers LLP as independent accountants for 2025, and approved executive compensation. These decisions reflect continued shareholder support for the company’s leadership and strategic direction, potentially reinforcing its stability and market position.

The most recent analyst rating on (ED) stock is a Hold with a $97.00 price target. To see the full list of analyst forecasts on Consolidated Edison stock, see the ED Stock Forecast page.